Global Surgical Drainage Devices Market 2018-2022

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:

• Americas
• APAC
• EMEA

Technavio's report, Global Surgical Drainage Devices Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• BD
• CHIMED
• Cook Medical
• Getinge
• Medtronic

Market driver

• Rise in number of surgeries
• For a full, detailed list, view our report

Market challenge

• Postoperative complications
• For a full, detailed list, view our report

Market trend

• Rise in healthcare expenditure
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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