BIS Research

10/29/2024 | News release | Distributed by Public on 10/29/2024 06:34

Medical and Surgical Drainage System Market Growth & Trends Upto 2027

Medical and Surgical Drainage System Market Growth & Trends Upto 2027

BIS Research
Oct 29, 2024 5:49:22 PM

The use of drainage tubes in surgical wounds is a common practice aimed at reducing the risk of complications arising due to the accumulation of fluid or blood in the surgical site or cavities created during the procedure. Drains used in surgery play a crucial role in managing post-operative wound healing and preventing the accumulation of fluids. These drains can be classified into different categories based on their design and intended function.

According to BIS Research,the global medical and surgical drainage system marketwas valued at $2,468.7 million in 2022 and is expected to reach $3,073.4 million by 2027, growing at a CAGR of 4.86% between 2023 and 2027. This growth is largely driven by increasing surgical procedures in areas such as cardiovascular, orthopedic, and general surgeries. Additionally, the growing prevalence of chronic conditions like cancer, diabetes, and obesity has led to a higher demand for drainage systems in managing post-surgical recovery.

Cardiac and Thoracic Surgery to Lead Growth in Medical and Surgical Drainage Systems Market

  • Cardiac and Thoracic Surgery:This medical specialty focuses on operations involving the heart and chest. Post-surgery, it is common practice to use pleural or mediastinal chest drains to manage fluid buildup in patients, promoting recovery and preventing complications.
  • Abdominal: Abdominal drainage, sometimes referred to as surgical or wound drainage of the abdomen, is a procedure designed to remove excess fluids, blood, or pus from the abdominal cavity after surgery or due to certain conditions. This technique is critical for preventing complications like infections, abscesses, or delayed wound healing.
  • Orthopedic: Orthopedic medicine focuses on treating the musculoskeletal system, including muscles, bones, and joints. While drainage systems are often associated with chest and abdominal surgeries, they are also used in orthopedic surgeries, particularly for procedures like joint replacements to manage post-operative fluid accumulation.

Medical and Surgical Drainage System Market by Region

Regions such as the U.S. and EMEA hold the maximum share of the global medical and surgical drainage system market. Moreover, the APAC and the Americas are anticipated to register significant growth during the
forecast period 2023-2027 owing to factors such as the growing number of surgical procedures and the advancement of medical and surgical drainage system in these regions.

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Key Drivers in Medical and Surgical Drainage System Market

  • Increasing Surgical Volume:The growing number of surgical procedures is a significant factor propelling the medical and surgical drainage systems market in healthcare. This rise is largely due to changing demographics and shifting healthcare demands. As the global population ages and chronic diseases become more common, the need for various surgical interventions, whether elective or life-saving, is expected to increase. These surgeries cover a broad spectrum, including cardiovascular, orthopedic, gastrointestinal, and gynecological procedures.
  • Technological Advancements: Advances in technology are crucial in boosting the growth of the medical and surgical drainage systems market. These developments are upgrading conventional drainage systems into advanced, high-efficiency solutions that elevate patient care, increase operational effectiveness, and minimize the likelihood of complications.
  • Rising Geriatric Population: The rising elderly population is boosting demand in the medical and surgical drainage systems market. WHO's 2020 data projects that by 2030, one in six people will be 60 or older, with numbers growing from 1 billion in 2020 to 1.4 billion globally.

Increasing Opportunities in Emerging Economies:

The market for surgical medical and drainage systems is experiencing significant growth in emerging economies like China, India, and Brazil. These areas are witnessing enhancements in healthcare infrastructure, a rise in the frequency of surgical procedures, a growing elderly population, and a heightened emphasis on patient care, all of which contribute to the increased adoption of advanced drainage systems.

Future Outlook

The future of the medical and surgical drainage system market looks promising, with continuous advancements in technology and increasing demand for safer and more efficient systems. The growing adoption of minimally invasive surgeries, which often require specialized drainage solutions, is expected to further drive market growth. Additionally, the integration of smart technology in drainage systems, which allows for real-time monitoring of fluid levels, will likely revolutionize the market in the coming years.

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According to Principal Analyst - BIS Research

The rising prevalence of chronic diseases, coupled with an aging population, is leading to a higher number of surgical interventions. This trend will sustain and potentially drive further growth in the demand for drainage systems as an integral part of post-surgical care.