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Surgical Drains/Wound Drainage Market size is poised to generate lucrative gains through 2027 due to a surge in the rate of surgical procedures. Besides, rise in incidences of chronic diseases is stimulating the need for surgical drain devices. According to the CDC reports, 51.8% of the US adults suffered from at least 1 chronic condition, while 27.2% reported multiple chronic conditions in 2018.
Surgical drains or wound drainage devices are known to reduce the buildup of air and characterization of fluid. A wide range of drain devices is easily available in various shapes and sizes depending on the different types of surgeries. Surgical drains have been gaining increasing acceptance in a variety of surgical procedures. These systems have also become common for reducing the prevalence of infection in orthopedic surgeries and abdominal procedures, while also helping in healing wounds.
One of the major challenges the global surgical drains/wound drainage market would face in the coming years is an upsurge in the number of minimally invasive procedures worldwide.
Active drains segment is expected to depict notable growth over the forecast period of 2021-2027. These drains play an integral role in enhancing the outcomes of cardiothoracic surgeries, particularly in pediatrics. Active drains are not exposed to the atmosphere in order to inhibit the growth of bacteria. They are also capable of keeping the wound dry and removing excess fluid effectively. The active drains segment growth is further driven by the technological advancements in medical devices market.
Neurosurgery segment in the surgical drains/wound drainage market is estimated to observe significant growth through 2027, ascribing to the increasing prevalence of neurological disorders including stroke and brain aneurysm globally. Use of surgical drains to improve precision and control during these procedures would potentially foster the business growth in the ensuing years.
The hospitals segment would record considerable growth over the foreseeable time frame. Surgical drains/wound drainage bear the ability to manage patient health more effectively with available systems. In addition to this, introduction to different wound drainage in hospitals enable surgeons to get easy access to patient’s health. These factors are projected to have an impeccable impact on the overall segmental growth, thus impelling the market expansion.
North America market is set to depict growth, mainly owing to the rising R&D investment and increased supportive government initiatives directed toward the reduction of chronic diseases. The region has also been observing a dramatic rise in chronic diseases over the recent years. It has been reported that chronic diseases are responsible for 7 out of every 10 deaths in the United States, claiming lives of more than 1.7 million Americans every year. This factor has instigated the demand for surgical drains/wound drainage systems, thus augmenting the growth prospects.
Some of the leading companies operating in the global surgical drains/wound drainage market are Cardinal Health, Inc., Romsons, Zimmer Biomet, B. Braun (B. Braun Holding GmbH & Co. KG), Cook Medical Incorporated (Cook Group), Global Medikit, Poly Medicure, and others. These players are adopting numerous strategies to strive in the global market while looking forward to gaining a competitive edge over others, further bolstering the business space.
The healthcare and medical industry has been witnessing a sharp rise worldwide even amidst the ongoing coronavirus pandemic. However, the global market will record declining growth owing to the movement restriction, disruption in supply chains, unavailability of raw materials, and temporary halt in production.
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