Drainage Consumables Market Trends, Business Strategies, Regional Outlook and Forecast Report 2030

The global drainage consumables market is experiencing growth, according to P&S Intelligence. This growth can be ascribed to the growing occurrence of chronic illnesses, technological improvements, increasing healthcare infrastructure, growing count of operations, and growing government steps for public healthcare.

In the past few years, the drainage bags category had the largest share in the drainage consumables industry, on the basis of product type. Additionally, the category is projected to remain dominant in the coming years because of the increasing need for replacing the utilized drainage bags at a frequent pace, in order to stop urinary tract infections among the patients.

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The wound is projected to be the fastest-rising category in the drainage consumables market in the coming few years, on the basis of application.

Geographically, the North American region was the largest revenue generator of the drainage consumables market in recent years. This continent is also projected to be in the leading position in the future as well. This can be credited to the heavy demand for drainage consumables rising from the U.S. healthcare industry.

Product introduction is one of the main trends being witnessed in the drainage consumables industry. The U.S. is house to significant manufacturers of drainage consumables, who are doing heavy expenditure on the growth of new items in order to enlarge their client base and improve their position in the industry.

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For example, in 2019, Merit Medical Systems Inc. declared the introduction of the Resolve Mini locking drainage catheter for the transdermal drainage of liquids from body cavities. With this introduction, the business expected to advance the standards of patient care and security.

Drainage consumables, like drainage catheters and bags, are important items needed for patients undertaking treatment for chronic illnesses, like kidney illnesses and sicknesses of the urinary system. With the increasing occurrence of such chronic circumstances, the utilization of drainage consumables in the U.S. has augmented.

Likewise, as per the International Diabetes Federation (IDF), the Middle East and North Africa (MENA) region would have the uppermost age-adjusted occurrence of diabetes in adults in 2045, 2030, 2019 of 13.9%,13.3%, and 12.2%, respectively.

The drainage consumables industry main players are:
1- Smith & Nephew PLC
2- Johnson & Johnson
3- Zimmer Manufacturing Company
4- Stryker Corporation
5- McKesson Corporation
6- ConvaTec Group plc
7- B. Braun Melsungen AG.

In the past few years, companies in the drainage consumables market have been vigorously involved in item launches to cut through the robust market opposition.

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Hence, the growing occurrence of chronic illnesses, technological improvements, increasing healthcare infrastructure, growing count of operations, and growing government steps for public healthcare are the major factors contributing to the growth of the drainage consumables industry.

Market Size Breakdown by Segment

By Product Type
• Drainage Bags
• Catheters
• High/Low-Vacuum Consumables
• Reservoirs
By Application
• Urinary
• Wound
• Pleural
• Ventricular
• Biliary
Regional Analysis
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o Italy
o U.K.
o Spain
• Asia-Pacific
o Japan
o China
o India
o Australia

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Chandra Mohan
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This release was published on openPR.