A surgical drain is a set of hollow tubing and collection device placed into wounds and surgical sites such as surgical incision, pelvis, abscess cavity or any other fluid collection location that demands draining. Growth in the number of surgeries has led to increase in demand for surgical drainage devices across various sites. Increasing incidence of chronic diseases and cancer is the prime contributor to the growth of this market.

The purpose of this research study titled ‘Surgical Drainage Devices Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025’ is to provide investors, developers, company executives and industry participants with in-depth analysis to allow them to take strategic initiatives and decisions related to the prospects in the global surgical drainage devices market. This report presents and analyzes the major trends prevalent in the global surgical drainage devices market and the market size and forecast.

This report categorizes the global surgical drainage devices market in terms of products, modality and geographical distribution. Based on mechanism this market is categorized into active drainage and passive drainage devices. The surgical sites considered for the purpose of this study are general surgery, thoracic and cardiovascular surgery, orthopedic surgery, neurosurgery, obstetrics and gynecology, cosmetic and plastic surgery, and others. Specialty clinics, hospitals and others are the usage areas where surgical drainage devices find application. Market size and forecast for each mentioned segment for the period 2015-2025 is presented in the report along with respective CAGRs for the forecast duration 2017-2025.

The market size and forecast of each considered geographical market is presented for the period 2015-2025 along with CAGRs for the forecast period 2017-2025 in this study and are further cross-sectional analysis is presented in terms of product type, modality and constituent region/country level markets.

This report also includes qualitative assessment factors such as market dynamics (drivers, restraints and opportunities) to have a good understanding of the current and anticipated trends in the global surgical drainage devices market. Competition assessment tools such as market attractiveness assessment and competitive landscape analysis by key players are also demonstrated in the study. Furthermore, this report concludes with profiling of key market players currently enjoying prominent position in the surgical drainage devices market. The key players profiled in this report are Acelity L.P Inc., B. Braun Melsungen AG, Cardinal Health, Cook Medical, C.R. Bard, Ethicon, Inc., Medela AG, Medtronic Plc, Stryker Corporation, Smith & Nephew and Teleflex Incorporated.

In 2016, orthopedic, and thoracic and cardiovascular surgeries together dominate the global surgical drainage devices market. Increasing prevalence of musculoskeletal conditions such as osteoporosis, arthritis and others and cardiovascular conditions account for the largest number of surgeries being performed worldwide. Neurosurgery also is expected to witness the fastest market growth during the forecast period, due to growing incidence of neurological trauma and related surgeries being performed.  The demand for surgical drainage devices obstetrics and gynecology, and cosmetic and plastic surgery is also expected to be significantly high during the forecast period.

Surgical fluids can be removed through using either active or passive surgical drains. Passive drainage majorly relies on gravity for fluid evacuation, whereas active drainage equipment are attached to vacuum devices or wall suction. Surgeons choose a suitable drain that fits the surgical site and exudate handling capacity. For example, Penrose drain is usually placed for management of smaller amounts of drainage where these are left open with its free end protruding above the skin. Active systems such as the Jackson-Pratt and Hemovac have drainage collection reservoirs attached. The tips of such drains are perforated to facilitate draining. Active drainage devices currently capture over 80% of the global market share.

Geographically, the global surgical drainage devices market is cumulative to North America, Europe, Asia Pacific, Middle East and Africa and Latin America. 

North America comprising of country level markets of the U.S. and Canada is the largest regional market for surgical drainage devices. Huge pool of chronic disease and cancer patients, geriatric population and greater incidence of trauma and sports injuries mainly contribute to the dominance of North America surgical drainage devices market. Additionally, the demand for novel drainage systems that are technologically advanced will find rapid adoption in European market. on the other hand, rapid evolution of healthcare infrastructure, proliferation of medical tourism, and increasing penetration of major market players will lead to Asia Pacific witnessing the fastest growth rate.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Surgical Drainage Devices market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Surgical Drainage Devices market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Surgical Drainage Devices market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Surgical Drainage Devices market?
• Which is the largest regional market for Surgical Drainage Devices market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Surgical Drainage Devices market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Surgical Drainage Devices market worldwide?