Global Surgical Drainage Devices Market 2018-2022
About Surgical Drainage Devices
Surgical drainage device is a tube, which removes pus, blood, or other body fluids from the site of the wound during fluid accumulation after surgery.
Technavio’s analysts forecast the global surgical drainage devices market to grow at a CAGR of 3% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global surgical drainage devices market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of surgical drainage devices.
The market is divided into the following segments based on geography:
Press Release
Technavio Announces the Publication of its Research Report – Global Surgical Drainage Devices Market 2018-2022
Technavio recognizes the following companies as the key players in the global surgical drainage devices market: BD, CHIMED, Cook Medical, Getinge, and Medtronic
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rise in healthcare expenditure. Healthcare constitutes a major part of the overall economy of any country. With the rise in structural changes such as the cost-effective products and greater emphasis on care management, healthcare spending continues to increase.”
According to the report, one of the major drivers for this market is Rise in number of surgeries. With the increase in chronic diseases globally, the number of surgeries being performed also increased since 2013. The incidence of cancer such as breast, cervix, endocrine glands, prostate, and thyroid cancers is on the rise globally, especially in the US. According to the CDC, 1,596,486 patients were diagnosed with cancer in 2014, out of which the cancer mortality amounted to 591,686. Cancer surgeries require surgical drainage units to avoid postoperative complications. For instance, postmastectomy or reconstruction surgeries require surgical drains to remove fluid from the wound site.
Further, the report states that one of the major factors hindering the growth of this market is Postoperative complications. Although drains serve an important function, there are potential complications with their use. Some of these complications are that there is a risk of drains breaking inside the patient's abdomen during removal.
Companies Mentioned
BD, CHIMED, Cook Medical, Getinge, and Medtronic
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