Medical and Surgical Drainage System Market expected to reach $3.07 billion by 2027: BIS Research

Nov 17, 2023 7:00 PM ET

Surgical drainage systems are medical devices that eliminate excess fluids, such as blood, from surgical sites or wounds. These devices prevent fluid buildup that hinder healing and trigger complications like infections or hematomas. Drainage systems promote wound healing by managing post-operative fluid accumulation.

According to BIS Research, the global medical and surgical drainage system market is projected to reach an estimated $3.07 billion by 2027, exhibiting a robust CAGR of 4.86% between 2023 and 2027.

The increasing number of surgeries globally is a significant driver of the market’s growth. As more people undergo surgical procedures, the demand for drainage systems to manage post-operative fluid accumulation increases. Technological advancements in drainage systems, such as the development of minimally invasive and disposable options, have further fueled the market’s expansion. Additionally, the aging population, with its higher incidence of surgeries and chronic conditions, contributes to the market’s growth.

Market Analysis: Trends, Data, and Growth Projections

The global medical and surgical drainage system market was valued at $2.46 billion in 2022 and is expected to reach $3.07 billion by 2027, growing at a CAGR of 4.86% between 2023 and 2027.

Smart drains are advancing surgical and wound drainage management by providing real-time data for improved patient care. These systems continuously monitor drainage fluid characteristics and volume, enabling early detection of complications and reducing healthcare provider workload.

Moreover, using novel materials, such as aerogels and biocompatible materials, enhances performance, comfort, and effectiveness in drainage system development. Aerogels offer unique properties for wound care, while biocompatible materials reduce the risk of adverse reactions, promoting a safer and more comfortable drainage experience.

BIS Research, a leading market research firm, has released a report titled – Medical and Surgical Drainage System Market. It discusses the challenges, growth factors, and future opportunities driving the remarkable growth of the global medical and surgical drainage system market. The detailed study is a compilation of 8 market data tables, and 125 figures spread across 175 pages. The medical and surgical drainage system market report focuses on product types, applications, flow types, materials, and regions.

Download a Free Sample: https://bit.ly/40v5syI

Key Players and Market Shares

The global medical and surgical drainage system market is divided into three central regions: the Americas, Europe, Middle East and Africa (EMEA), and Asia-Pacific (APAC). The U.S. market is expected to reach $1.02 billion by 2027, but the APAC region is expected to grow faster, with a CAGR of 5.69% between 2023 and 2027. This growth is driven by several factors, including the increasing prevalence of chronic diseases, rising disposable incomes, and improving healthcare infrastructure in emerging economies.

Key players profiled in the medical and surgical drainage system market report include:

B. Braun SE
Becton, Dickinson and Company
Cardinal Health, Inc.
Convatec Group Plc
Cook Medical
Hangzhou Fushan Medical Appliances Co., LTD.
Johnson & Johnson
Medela AG
Medline Industries, LP
Medtronic plc
Ningbo Luke Medical Co., LTD.
Olympus Corporation
Redax
Teleflex Incorporated
Vygon
Zimmer Biomet Holdings, Inc.

Market Drivers, Challenges, and Opportunities

Regulatory advancements, ongoing research, and collaboration between industry leaders contribute to the growth of the medical and surgical drainage system market.

Several factors drive the medical and surgical drainage systems market, including the increasing volume of surgical procedures, technological advancements, and the rising geriatric population. Emerging economies offer significant opportunities for the market due to expanding healthcare infrastructures, rising surgical rates, and an increasing focus on patient care.

Drainage systems are crucial for managing post-operative fluid accumulation and preventing complications. However, infection is associated with these systems if not handled properly due to biofilm formation.

Report Focus and Methodology

The medical and surgical drainage system market report provides a credible global and regional analysis. The report profiles existing and upcoming products, types, applications, end users, and key players in the market.

BIS Research follows an effective market intelligence methodology comprising a crucial 15-step process. Data is captured from reliable, intelligent sources such as expert interviews, patents, web analytics, scholarly articles, scientific publications, and research and development literature.

BIS follows the Deep Tech M-A-P™ approach, which includes market, application, and product within the syndicated and custom research projects.

M– The Market section covers industry overview, business dynamics, competitive benchmarks, and company profiles. It provides insights to enter, expand, or exit markets globally, regionally, or locally.

A– The Application section delves into product analyses, technology insights, use cases, and user types. Precise market estimates and forecasts back this data.

P– The Product section covers products, parts, technologies, and materials. Companies looking to drive an innovative agenda need information about product definitions, demand analysis, technology benchmarking and roadmaps, patents, and pricing analysis.

Analyst Note on the Medical and Surgical Drainage System Market

BIS Healthcare’s principal analyst states, “The inclusion of one-way entry valves into surgical drains has overhauled post-operative care, minimized the risk of infections, and enhanced patient comfort. These valves foster efficient drainage control, reducing the frequency of drain reservoir changes and contributing to improved surgical outcomes. These advancements underscore the medical field’s steadfast commitment to enhancing patient care and mitigating surgical risks.”

About BIS Research

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.

Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters functional in the strategic decision-making for senior management.

BIS Research offers firms syndicated and custom studies and expert consultations, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.