Pleural Cavity Drainage Market to Spearhead through Global Expansion During 2018-2028

Extra Fluid Removal and Maintaining Pleural Cavity

The pleural cavity has some amount of pleural fluid that provides friction-less movement between two layers of pleural surface. If the fluid is deposed over the permissible limit, it can lead to medical problems such as chest pain and other inflammations around the surface near to the cavity. The patient pool suffering from excess level of fluid in the cavity is growing. The excess fluid in the cavity can also cause heart failure, cancer and other inflammation. The fluid present in pleural cavity is drained by using drainage system and bottle system. The pleural cavity drainage process is performed in most of the hospitals and also in individual clinics. Pleural cavity drainage is carried out to prevent the chest damage. Both open and closed pleural cavity drainage is performed. In open pleural cavity drainage the connection is established with atmosphere, this system is rarely used except chronic pleural empyema. In closed pleural cavity drainage, the pleural cavity is isolated from atmosphere, and the closed pleural cavity drainage uses the drainage system operated in passive or active system for removing the excess fluid present in pleural cavity.

Innovated Pleural Cavity Drainage System

Pleural cavity drainage is an innovative product for treating excess fluid in the pleural cavity. The closed system is mostly used in the treatment of pleural cavity drainage as the chances of contamination is very less and the fluid is collected in a package which can be easily disposed. The pleural cavity drainage system should be non-allergic, non-toxic and transparent in order to observe the flow and prospect for medical records.

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Factors Driving the Pleural Cavity Drainage Market

The global market for pleural cavity drainage is driven by increasing patient pool in different geographical regions and prevalence of lifestyle-related disorders, such as cirrhosis, pneumonia and malfunction, among others. Growing number of diseases is another factor driving the demand for pleural cavity drainage across the globe. Availability of reimbursement policies for pleural cavity drainage is a preliminary factor increasing the penetration of these products in matured markets. However, emerging countries do not have definite reimbursement policies for pleural cavity drainage, which restricts the market growth. Technological advancements to remove the excess fluid by pleural cavity drainage is an important factor fueling the growth of the pleural cavity drainage market.

Pleural Cavity Drainage in Maintaining Fluid Level in Cavity

The market has been covered by puncture pleural cavity drainage, disposable pleural cavity drainage, pneumothorax pleural cavity drainage and catheter pneumothorax pleural cavity drainage segments. Catheter pneumothorax pleural cavity drainage segment holds a large share in the pleural cavity drainage market, this is due to high adoption of the product by healthcare professionals. Moreover, the awareness towards pleural cavity drainage is been created by public and private associations, which lead to strong positioning of these segments in the overall market.

Pleural cavity drainage at hospitals

Hospitals segment holds a strong position in the market as hospitals are present all across the globe. It shares a significant portion of revenue in the overall market. However, ambulatory surgical center and clinics also provide remarkable growth opportunities for the growth of the pleural cavity drainage market. Further, the growing trend for treatment is an approach that would embellish the growth of the pleural cavity drainage market.

Regional Market Outlook

Geographically, the global pleural cavity drainage market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to dominate the global market due to the availability of advanced technologies and advanced medical infrastructure. Europe is expected to hold second large market share in the global pleural cavity drainage market due to growing adoption of pleural cavity drainage by healthcare professionals. Asia-Pacific shows sluggish growth as the medical infrastructure is developing in most of the countries in the region.

Competition Outlook

Examples of some of the players identified in the global pleural cavity drainage market are Cook, B. Braun Melsungen AG, Smiths Medical, Becton, Dickinson and Company, etc. Majority of pleural cavity drainage are available in hospitals and ambulatory surgical centers. The hospitals which provide full pleural cavity drainage are Massachusetts Eye and Ear Infirmary, Massachusetts General Hospital, Apollo Groups of Hospitals, John Hopkins Hospital, McLean Hospital. Usage of pleural cavity drainage varies at the regional level owing to variations in terms of available technologies used in end user level to developed pleural cavity drainage. However, hospitals offer a global opportunity to its manufacturers, as they are present in all across the globe.

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Key Data Points Covered in the Report

The report covers exhaustive analysis on:

Pleural Cavity Drainage Market by product type, end user and region

Regional level market analysis of North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa by product type, end user segments and country

Pleural Cavity Drainage Market Dynamics & Opportunity Assessment

Historical Actual Market Size, 2013 - 2017

Pleural Cavity Drainage Market Size & Forecast 2018 - 2028

Pleural Cavity Drainage Agents Current Trends/Issues/Challenges

Competition & Companies involved

Report Highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size, recent industry trends
Key competition landscape, market structure, regulatory scenario
Epidemiology outlook for diseases
Economical spending, regional healthcare outlook, consumer healthcare expenditure
Strategies for key players and product offerings, channel strategies, regional foot print, channel footprint
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance in terms of value and volume

Market Segmentation

By Product Type

Puncture Pleural Cavity Drainage
Disposable Pleural Cavity Drainage
Pneumothorax Pleural Cavity Drainage
Catheter Pneumothorax Pleural Cavity Drainage

By End user

Hospitals
Ambulatory Surgical Centre
Clinics

By Region

North America
Latin America
Europe
Asia Pacific Excluding Japan
Japan
Middle East & Africa



Research Methodology

The market sizing of pleural cavity drainage will be done by the adoption data triangulation approach. The demand-side approach will be followed to assess the actual market size of pleural cavity drainage. Secondary research will be done at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end-use facilities, adoption rate and future impact of new technologies. Additionally, per capita consumption of product among end users will be tracked at a granular level to obtain the most accurate information. Each piece of information will be eventually analyzed during the entire research project, which will help build a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

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This release was published on openPR.