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Surgical Drainage Devices Market Size

  • Report ID: GMI6081
  • Published Date: Jun 2023
  • Report Format: PDF

Surgical Drainage Devices Market Size

Surgical Drainage Devices Market size was valued at USD 2 billion in 2022 and it is anticipated to grow at 4.4% CAGR from 2023 to 2032. Increasing surgical procedures, rising prevalence of chronic diseases, favorable reimbursement policies and increasing awareness about wound care are among the key pointers that are expected to fuel the market growth. Chronic diseases such as cancer, cardiovascular diseases, and obesity often require surgical interventions. These conditions can result in a higher likelihood of post-operative complications and fluid accumulation, necessitating the use of surgical drainage devices.

 

Moreover, improved reimbursement policies and expanded coverage by insurance providers can contribute to the increased adoption of surgical drainage devices, thus driving market demand. Further, developing regions are witnessing an expansion of healthcare infrastructure, including hospitals and surgical centers.

 

Surgical drainage devices, also known as surgical drains or wound drains, are medical devices used to remove excess fluid, such as blood or pus, from a surgical site or wound. These devices are generally placed by surgeons during surgical procedures to help prevent the accumulation of fluids, which may affect the healing process or lead to complications such as infection or hematoma formation.

 

The use of surgical drainage devices carries the risk of complications such as infection, blockage of the drain, tissue damage, or leakage. These complications can lead to additional healthcare costs, patient discomfort, and delayed wound healing. Concerns about such complications may impact the adoption of surgical drainage devices. Additionally, lack of awareness and training, alternative treatment options and rise in number of minimally invasive surgeries are other important attributes that may impede the industry growth.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The market size of surgical drainage devices was reached USD 2 billion in 2022 and will cross over USD 3.1 billion by 2032, backed by the increasing surgical procedures, rising prevalence of chronic diseases, favorable reimbursement policies, and awareness about wound care.

The market share from thoracic and cardiovascular surgeries segment was valued at over USD 485 million in 2022. Surgical drains are commonly employed to effectively remove the accumulated fluid, prevent its re-accumulation, and promote lung re-expansion post the surgeries.

North America market surpassed USD 773 million in 2022, owing to technological advancements and advanced healthcare infrastructure in the region.

Medtronic, B. Braun Holding GmbH, Acelity, Cardinal Health, Inc., Becton, Dickinson and Company, and ConvaTec.

Surgical Drainage Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 425
  • Countries covered: 30
  • Pages: 190
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