Surgical Drainage Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Surgical Drainage Device Trends and Forecast

The future of the global surgical drainage device market looks promising with opportunities in the hospital, clinic, and ambulatory surgical center markets. The global surgical drainage device market is expected to reach an estimated $3.6 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising incidence of chronic diseases and growing awareness about the importance of surgical drainage.

A more than 150-page report is developed to help in your business decisions.

Surgical Drainage Device by Segment

The study includes a forecast for the global surgical drainage device by product, application, end use, and region.

Surgical Drainage Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Active
• Passive

Surgical Drainage Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Cardio-Thoracic Surgeries
• Neurosurgery Procedures
• Abdominal Surgery
• Orthopedics
• Others

Surgical Drainage Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Clinics
• Ambulatory Surgical Centers

Surgical Drainage Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Surgical Drainage Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surgical drainage device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surgical drainage device companies profiled in this report include-

• ConvaTec
• Cardinal Health
• Medtronic
• Medline Industries
• B Braun

Surgical Drainage Device Market Insights

Lucintel forecasts that active is expected to witness the higher growth over the forecast period due to its various advantages, such as more effectiveness, versatality, and comfortable for patients.

Within this market, hospital will remain the largest segment over the forecast period.

North America is expected to witness highest growth over the forecast period due to availability of favourable reimbursement policy and presence of key players in the region.

Features of the Global Surgical Drainage Device Market

Market Size Estimates: Surgical drainage device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Surgical drainage device market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Surgical drainage device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the surgical drainage device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the surgical drainage device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the surgical drainage device market size?

Answer: The global surgical drainage device market is expected to reach an estimated $3.6 billion by 2030.

Q2. What is the growth forecast for surgical drainage device market?

Answer: The global surgical drainage device market is expected to grow with a CAGR of 6.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the surgical drainage device market?

Answer: The major drivers for this market are rising incidence of chronic diseases and growing awareness about the importance of surgical drainage.

Q4. What are the major segments for surgical drainage device market?

Answer: The future of the surgical drainage device market looks promising with opportunities in the hospital, clinic, and ambulatory surgical center markets.

Q5. Who are the key surgical drainage device market companies?

Answer: Some of the key surgical drainage device companies are as follows:

• ConvaTec
• Cardinal Health
• Medtronic
• Medline Industries
• B Braun

Q6. Which surgical drainage device market segment will be the largest in future?

Answer: Lucintel forecasts that active is expected to witness the higher growth over the forecast period due to its various advantages, such as more effectiveness, versatality, and comfortable for patients.

Q7. In surgical drainage device market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to availability of favourable reimbursement policy and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the surgical drainage device market by product (active and passive), application (cardio-thoracic surgeries, neurosurgery procedures, abdominal surgery, orthopedics, and others), end use (hospitals, clinics, and ambulatory surgical centers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?