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Surgical Drains Market 2020 - Business Size, Share, Opportunities, Future Trends, Top Key Players, Market Share and Global Analysis by Forecast to 2022

02-18-2020 07:28 AM CET | Health & Medicine

Press release from: ReportsnReports

Surgical Drains Market

Surgical Drains Market

2019 Research Report on Global Surgical Drains Market is a professional and comprehensive report on the Surgical Drains industry.

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Key Players: B. Braun (Germany), Cardinal Health (US), ConvaTec (UK), C.R. Bard (US), Redax (Italy), Ethicon (US), Stryker (US), Romsons (India), Medtronic (Ireland), Medline Industries (US), Cook Medical (US), Poly Medicure (India), Zimmer Biomet (Indiana), Global Medikit (India), Degania Silicone (Israel).

"The global surgical drains market projected to grow at a CAGR of 3.7%."

The surgical drains market is expected to reach USD 2.18 billion by 2022 from USD 1.82 billion in 2017, at a CAGR of 3.7%. The increasing numbers of surgical procedures and emerging economies are driving the growth of the surgical drains market. On the other hand, the risks associated with the use of surgical drains may limit market growth to a certain extent in the coming years.

"Surgical drainage systems are expected to grow at the highest CAGR during the forecast period."

By product, the surgical drains market is segmented into accessories and surgical drainage systems. The surgical drainage systems segment is projected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the growing volume of high-risk surgical procedures and the benefits associated with surgical drainage systems, such as accurate measurement of drainage, lowering bacterial levels, and effective in closing wound edges.

"Passive drains are expected to hold the largest share of the market in 2017."

Based on type, the surgical drains market is segmented into passive drains and active drains. The passive drains segment is expected to dominate this market during the forecast period. Passive drains are easy to use and do not require special attention as compared to active drains. The ability to generate pathways for evacuation of viscous or bulky materials and reduced risk of mechanical erosion and pressure necrosis are the other factors expected to drive market growth.

"The general surgery segment is expected to dominate the market during the forecast period."

Based on the application, the surgical drains market is segmented into general surgery, cardiac and thoracic surgery, orthopedic surgery, obstetrics/gynecology surgery, and other surgeries. The general surgery segment is expected to dominate the market during the forecast period. The increasing number of general surgeries performed is a crucial factor driving market growth in this segment.

"Asia to witness high growth during the forecast period."

In 2017, North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high demand for advanced wound care and surgical care products in several Asian countries, rising geriatric population, increasing number of surgical procedures, rising prevalence of chronic as well as diabetic wounds, and focus of major players on enhancing their presence in this region are some of the key factors driving the growth of the surgical drains market in Asia.

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In the end, the Global Surgical Drains Market report's conclusion part notes the estimation of the industry veterans.

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