Surgical Drainage Devices Market To Register Huge Heap of Growth With USD 5.10 Billion by 2032

As per the findings of Zion Market Research study, Surgical Drainage Devices Market, estimating its value at USD 2.67 Billion in 2023, with projections indicating that it will reach USD 5.10 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.7% over the forecast period 2024-2032. Apparently, escalating cases of chronic ailments and huge requirement for reducing healthcare costs along with benefits related to surgical drain equipment will drive growth of surgical drainage devices industry over forecasting timeline. Apart from this, need for preventing fluid accumulation post surgeries will steer growth of surgical drainage devices market. Need for reducing prolonged stay of patients at clinics & hospitals will create lucrative avenues for surgical drainage devices market growth in years ahead. Apart from this, increase in alcohol intake as well as smoking due to hectic & stressful work schedule has increased in cases of oncology, thereby proliferating size of surgical drainage devices market. A prominent increase in medical tourism activities in countries such as Malaysia, Brazil, Turkey, and India due to low medical treatment costs in these countries will prop up industry value in forthcoming years.

Hospitals Segment To Contribute Majorly Towards Global Market Share By 2032

The segmental growth over forecast timeframe can be credited to increase in number of surgeries performed in clinics & hospitals. In addition to this, hospitals are also offering customized services to patients and this will help hospitals segment contribute majorly towards surgical drainage devices market share in forthcoming years. Moreover, rise in utilization of surgical drainage equipment will spur segmental growth in years ahead.

Thoracic & Cardiovascular Surgeries Segment To Dominate Application Landscape Over 2032

The expansion of thoracic & cardiovascular surgeries segment in forecast timespan can be credited to rise in occurrence of heart disorders. Moreover, WHO has reported that cardiovascular ailment is the leading cause of death across globe. For the record, in 2019, heart ailments were responsible for nearly 17 million deaths across globe. All these factors have transformed into massive demand for chest drainage systems for effective removal of unwanted fluid from chest. This is likely to contribute remarkably towards massive use of surgical drainage device in thoracic & cardiovascular surgeries, thereby driving segmental growth.

Asia Pacific Surgical Drainage Devices Market To Register Highest CAGR Over Forecast Timespan

Growth of surgical drainage devices industry in Asia Pacific during assessment period is subject to rise in use of surgical drainage devices in healthcare sector in the region. In addition to this, favorable healthcare policies implemented by regional governments supporting use of surgical drainage equipment in healthcare sector will drive regional market growth. Rise in chronic disorders witnessed largely in countries such as Indonesia, India, and China will contribute sizable towards regional market proceeds.

Some of key players are favorably influencing growth of market and we have profiled them in our report. They include Teleflex Incorporated, C.R. Bard, Inc., B. Braun, Medtronic Plc, Cook Medical, Stryker Corporation, Cardinal Health, Inc., Ethicon, Inc., Medela, and Acelity L.P. Inc.

Browse the full “Surgical Drainage Devices Market- By Product (Active And Passive), By End-Use (Hospitals And Ambulatory Surgical Centers), By Application (Thoracic & Cardiovascular Surgeries And Orthopedics), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/surgical-drainage-devices-market

The global Surgical Drainage Devices Market is segmented as follows:

By Product

• Passive
• Active

By End-Use

• Pharmaceutical Companies
• Ambulatory Surgical Centers

By Application

• Thoracic & Cardiovascular Surgeries
• Orthopedics

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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