2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theThoracic Drainage Devices Market?

The growth of the thoracic drainage devices market is anticipated to be propelled by the rising prevalence of cardiovascular and pulmonary disorders. These disorders, which include a variety of conditions impacting the heart, blood vessels, and lungs, have been increasing due to factors like sedentary lifestyles, unhealthy dietary habits, smoking, and inadequate regular health checks, leading to a heightened demand for special treatments and preventive care approaches. Thoracic drainage devices, by proficiently removing surplus fluid, air, or blood from the pleural or thoracic cavity, assist in managing these disorders, assuring ideal lung expansion and cardiovascular functionality. Notably, data from the Australian Institute of Health and Welfare indicated that doctor-certified deaths due to coronary heart disease (CHD) mounted to 14,100 in 2021 and advanced further to 14,900 in 2022, while in 2022, COPD was the root cause of 7,691 deaths, accounting for 4.0% of all fatalities. Consequently, the rising prevalence of cardiovascular and pulmonary disorders is stimulating growth in the thoracic drainage devices market. Further, the thoracic drainage devices market is poised for growth due to the escalating preference for minimally invasive surgeries. Defined as medical procedures that necessitate minor incisions or none at all, minimally invasive surgeries use high-tech tools such as cameras and specialized instruments to curtail tissue damage, accelerate recovery, and decrease scarring compared to traditional open surgery. Attributes like reduced recovery periods, lower infection risks, reduced scarring, and shortened hospital stays have led to the growing preference for these surgeries. Entailing a pivotal function in minimally invasive surgeries, thoracic drainage devices efficiently manage pleural effusions, air leaks, and fluid accumulation, assuring optimal lung expansion and reducing recovery complications. Interestingly, the American Society of Plastic Surgeons reported a 7 percent growth in minimally invasive procedures in 2023, outpacing the growth rate of surgical procedures by 2 percent. Hence, the upsurge in preference for minimally invasive surgeries is stimulating growth in the thoracic drainage devices market.

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How Has the Thoracic Drainage Devices Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?

Recent years have seen robust growth in the market size of thoracic drainage devices. It is projected to increase from $0.89 billion in 2024 to $0.97 billion in 2025, marking a compound annual growth rate (CAGR) of 8.95%. Factors attributing to this historic growth include a rise in pulmonary diseases, an increase in thoracic surgeries, a growing geriatric population, a higher tendency to adopt minimally invasive procedures, and a surge in pneumothorax and pleural effusion cases.

The market for thoracic drainage devices is projected to experience significant expansion in the upcoming years, escalating to $1.35 billion in 2029, with a compound annual growth rate (CAGR) of 8.58%. The projected growth within this period can be tied to factors such as an increase in healthcare spending, broader knowledge about post-surgery care, enhancements in global hospital infrastructures, a surge in demand for portable drainage systems, and a growing preference for disposable medical tools. The key trends for this period will involve medical device technological advancements, progress in chest draining systems, the creation of intelligent monitoring systems, breakthroughs in catheter and tubing materials, and the incorporation of antimicrobial coatings within drainage gadgets.

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What Key Market Trends and Innovations Are Shaping the Future of theThoracic Drainage Devices Industry?

Leading companies in the thoracic drainage devices industry are prioritizing the launch of groundbreaking products like evacuated drainage bottles. These products aim to boost efficiency and minimize infection risks during medical processes. Evacuated drainage bottles, a type of medical apparatus, are utilized to collect and keep fluid from wounds or surgical areas under vacuum pressure. This helps to encourage healing and stop the spread of infection. For example, in September 2023, Merit Medical Systems Inc., an American disposable medical device producer, introduced the Aspira evacuated drainage bottle. This bottle, designed to drain pleural effusions and malignant ascites, offers patients the convenience of self-treatment at home. It provides more comfort and control over drainage speed and requires 23% less storage space compared to traditional drainage bottles.

Which Companies Are Leading the Charge in Expanding theThoracic Drainage Devices Market Growth?

Major companies operating in the thoracic drainage devices market are Medtronic plc, Terumo Corporation, Smiths Group plc, Teleflex Incorporated, Cook Group Incorporated, Merit Medical Systems, Vygon SA, Poly Medicure Ltd., B. Braun Melsungen AG, Medela AG, Utah Medical Products Inc., Angiplast Private Limited, Sterimed Medical Devices Private Limited, Eurosets s.r.l., Redax S.p.a., Sinapi Biomedical (Pty) Ltd., Rocket Medical plc, ATMOS MedizinTechnik GmbH & Co. KG, Argon Medical Devices Inc., Sterimed Medical Devices Pvt. Ltd.

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How is the Global Thoracic Drainage Devices Market Segemented?

The thoracic drainage devices market covered in this report is segmented –

1) By Type: Digital, Traditional

2) By Product: Thoracic Drainage Systems, Thoracic Drainage Kits, Pleural Drainage Catheters, Other Products

3) By Application: Cardiac Surgery, Thoracic And Pulmonary Surgery, Other Applications

4) By End-Users: Hospitals, Ambulatory Surgical Centers, Other End-Users

Subsegments:

1) By Digital: Electronic Monitoring Systems, Digital Drainage Units With Real-Time Pressure Measurement, Automated Fluid Monitoring Devices

2) By Traditional: Suction Drainage Systems, Gravity Drainage Systems, Water-Seal Chest Drains

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Which Geographics are Influencing the Growth of the Thoracic Drainage Devices Market?

North America was the largest region in the thoracic drainage devices market in 2024. The regions covered in the thoracic drainage devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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