How Will the Medical And Surgical Drainage System Market Grow? Key Trends and Opportunities for 2025 and Beyond
Get 20% off on Global Market Reports until March 31st! Use code FY25SAVE at checkout.
What fueled the previous growth in the medical and surgical drainage system market?
Recent years have seen a steady increase in the size of the medical and surgical drainage system market. The market, valued at $2.46 billion in 2024, is projected to reach $2.57 billion in 2025, yielding a compound annual growth rate (CAGR) of 4.5%. The historic growth of the market is largely attributed to the broadened use of these devices across various applications, the rise in the number of surgeries, and the habitual use of reusable equipment in close proximity to patients to drain fluid and prevent accumulation of air at the surgery site.
What will be the medical and surgical drainage system market size in the future?
Expectations are high for a consistent increase in the market size of the medical and surgical drainage system in the coming years. The expected growth projection is to the tune of $3.03 billion in 2029, at an expected compound annual growth rate (CAGR) of 4.2%. This growth speculation during the forecast period is due to an increase in surgical procedures, changing healthcare requirements, a surge in chronic illnesses, methods employed for gastrointestinal and gynecological surgeries, and the escalated healthcare sector expenditure. Significant trends to look out for within the forecast period encompass medical and surgical drainage system technological breakthroughs, modifications to traditional drainage systems, highly effective solutions, diminished risk of complications and the production of high-performing pumps.
Get your medical and surgical drainage system market report here!
What main drivers are fueling expansion in the medical and surgical drainage system market?
The growth of the medical and surgical drainage system market is anticipated to be fueled by the escalating number of surgical procedures. The rise in surgeries is due to factors such as the aging population, an increase in chronic disease prevalence, and progress in medical technology. Medical and surgical drainage devices serve to efficiently remove surplus fluids, blood, and pus from the surgery site, thus averting infection, diminishing swelling, and fostering healing. As an example, the Government of British Columbia, a Canadian administrative entity, reported in May 2024 that there had been 365,825 completed operations, both scheduled and unscheduled. These comprised 284,844 planned operations, which is 24,380 higher than in the equivalent period in 2019–20. Furthermore, the total count of surgeries, both planned and unplanned, was 14,939 higher than in 2022–23. Thus, the escalating number of surgical procedures is spurring growth in the medical and surgical drainage system market.
What key areas define the segmentation of the global medical and surgical drainage system market?
The medical and surgical drainage system market covered in this report is segmented –
1) By Product Type: Drainage Systems, Accessories
2) By Material Type: Silastic, Rubber, Other Materials
3) By Flow Type: Active, Passive
4) By Application: Cardiac And Thoracic Surgery, Abdominal, Orthopedic, Other Surgeries
Subsegments:
1) By Drainage Systems: Wound Drainage Systems Or Surgical Drainage Systems Or Chest Drainage Systems Or Peritoneal Drainage Systems
2) By Other Drainage Systems
3) By Accessories: Drainage Tubes Or Drainage Bags Or Drainage Clamps Or Collection Chambers
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18668&type=smp
Who are the dominant players expanding their reach in the medical and surgical drainage system market?
Major companies operating in the medical and surgical drainage system market are McKesson Medical-Surgical Inc., Cardinal Health Inc., Johnson & Johnson, Medtronic plc, Becton, Dickinson, and Company, Stryker Corporation, Medline Industries LP, Zimmer Biomet Holdings Inc., Olympus Corporation, Smith & Nephew plc, Braun SE, Cook Medical, Teleflex Incorporated, ConvaTec Group, Medela AG, Vygon SA, Poly Medicure Limited, Redax S.p.A., Hangzhou Fushan Medical Appliances Co. Ltd., Ningbo Luke Medical Co. Ltd., Centese Inc.
What are the key trends shaping the future of the medical and surgical drainage system market?
Leading firms in the medical and surgical drainage system market are focusing their efforts on the creation of groundbreaking products like the IRRAflow system. The state-of-the-art IRRAflow system from IRRAS seeks to better manage fluid in patients with intracranial bleeding by marrying automated irrigation with regulated drainage, consequently minimizing complications and guaranteeing comprehensive fluid elimination. It offers an intuitive interface, detailed guides, and an enhanced drainage collection layout to streamline treatment processes. For example, in February 2022, IRRAS, a medical device company based in Sweden, introduced the next-generation IRRAflow system. The IRRAflow system is a novel medical apparatus conceived for the control of intracranial pressure (ICP) and cerebrospinal fluid (CSF) drainage. It is designed to ameliorate the treatment of intracranial bleeding. This sophisticated medical solution bolsters fluid management by integrating automated irrigation that assists in diluting and eliminating harmful materials while averting blockages in drainage systems.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18668
Which regions are emerging as leaders in the medical and surgical drainage system market?
Asia-Pacific was the largest region in the medical and surgical drainage systems market in 2024. The regions covered in the medical and surgical drainage system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Similar Reports By The Business Research Company:
Advanced Driver Assistance Systems (ADAS) Global Market Report 2024
Load Monitoring System Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/load-monitoring-system-global-market-report
Solar Water Pump Systems Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/solar-water-pump-systems-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: