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Digital Thoracic Drainage System Market Transforming Treatment: How Digital Thoracic Drainage Systems are Improving Patient Care and Market Growth

07-14-2024 08:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Digital Thoracic Drainage System Market Transforming

Digital Thoracic Drainage System Market worth $162.15 Mn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Digital Thoracic Drainage System Market (By Product (Drainage Systems, Accessories & Disposables (Thoracic Chest Drainage Kits, Tubing, Suction Control Devices, Others (water seal chambers, collection chambers, etc.))), By Application

(Cardiac Surgery, General Intensive Care & Emergency Medicine, Oncology & Pain Management, Thoracic Surgery & Pulmonology), By End-User (Ambulance Services, Ambulatory Surgery Centers, Hospitals & Specialty Clinics (Anesthesiologist, Cardiologist, Infectiologist, Pulmonologist, Other Medical Specialists.), Military Surgeons, Urgent Care or Outpatient Care)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Digital Thoracic Drainage System Market is valued at US$ 84.78 Mn in 2022, and it is expected to reach US$ 162.15 Mn by 2031, with a CAGR of 7.7% during a forecast period of 2024-2031.

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Digital Thoracic Drainage Systems: Revolutionizing Treatment for Respiratory Conditions
Digital thoracic drainage systems represent a cutting-edge advancement in medical equipment. These systems leverage mobile applications, wireless networking, and remote monitoring capabilities to offer significant improvements in patient care.

Manufacturers are actively investing in research and development to create novel treatments for various respiratory conditions, propelling market growth in the coming years.

The increasing prevalence of lung diseases, trauma cases, and cardiovascular illnesses is driving the growing need for thoracic drainage systems. Digital technologies within these systems enable more effective management of pleural and mediastinal drainage, catering to the expanding healthcare demands of a larger patient population.

Thoracic drainage devices play a vital role in evacuating air, fluids, and specific particles from the chest's pleural space. The market for thoracic drainage devices is flourishing due to several factors, including:
• The rising incidence of cardiovascular diseases
• The increasing demand for minimally invasive procedures
• The growing prevalence of spontaneous pneumothorax
The preference for minimally invasive procedures over open surgery is a significant factor accelerating market growth.

List of Prominent Players in the Digital Thoracic Drainage System Market:
• Vygon SA
• Utah Medical Products, Inc.
• Sinapi Biomedical
• Medela AG
• Redax
• Getinge
• ATMOS MedizinTechnik GmbH Co. KG
• Medtronic plc
• Becton, Dickinson and Company (BD)
• Getinge AB
• Teleflex Incorporated
• Sterimed Group
• ICU Medical (Smiths Medical)
• Cook Medical
• Cardinal Health, Inc.

Market Dynamics:
Drivers-
The increasing use of digital thoracic drainage systems in hospitals and healthcare facilities is propelling market growth. Healthcare professionals are more inclined to include these technologies in their treatment procedures as they become more aware of their therapeutic benefits.

The increasing number of surgical procedures, particularly thoracic surgeries, adds to the demand for thoracic drainage systems. Digital systems allow for more efficient post-operative administration and drainage, which aids in patient rehabilitation.

Challenges:
Digital thoracic drainage systems may have greater upfront expenditures than traditional systems. For some healthcare facilities, particularly those with low financial means, the initial expenditure required to acquire digital technologies, as well as prospective training costs for healthcare professionals, might be a barrier to adoption.

Moreover, a scarcity of experienced physicians and rigorous regulatory guidelines could hinder market expansion over the forecast period. Healthcare facilities might encounter difficulties due to a lack of standardized protocols and interoperability across digital thoracic drainage systems. When using gadgets from multiple manufacturers, compatibility concerns may develop.

Regional Trends:
The North America Digital Thoracic Drainage System Market is expected to record a maximum market share and is projected to grow at a high CAGR in the near future. North America, notably the United States, is a large market for medical devices such as digital thoracic drainage systems. Several factors influence market dynamics in this region.

The region has well-established healthcare facilities, research organizations, and hospitals that can embrace and integrate digital medical technologies. Moreover, Asia Pacific is predicted to rise rapidly. Many countries in the Asia Pacific area are seeing rising healthcare costs as a result of economic expansion, population ageing, and increased awareness of innovative medical advances.

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Recent Developments:
• In January 2022, Smiths Medical was purchased by ICU Medical from the Smiths Group. ICU Medical is one of the major infusion treatment firms with a global reach after adding Smiths Medical's medical infusion devices and syringes and vascular access & critical care products to its portfolio.

• In Dec 2020, Medela released new data showing that the Thopaz+ Digital Chest Drain increased safety and helped prevent cross-contamination throughout the COVID-19 Pandemic and beyond. This successfully reduced the spread of pathogenic aerosols and cross-contamination. Patients and employees were protected thanks to Thopaz+'s filtering system.

Segmentation of Digital Thoracic Drainage System Market-
By Product-
• Drainage Systems
• Accessories & Disposables
o Thoracic Chest Drainage Kits
o Tubing
o Suction Control Devices
o Others (water seal chambers, collection chambers, etc.)
By Application-
• Cardiac Surgery
• General Intensive Care & Emergency Medicine
• Oncology & Pain Management
• Thoracic Surgery & Pulmonology
By End-User-
• Ambulance Services
• Ambulatory Surgery Centers
• Hospitals & Specialty Clinics
o Anesthesiologist
o Cardiologist
o Infectiologist
o Pulmonologist
o Other Medical Specialists.
• Military Surgeons
• Urgent Care or Outpatient Care
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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InsightAce Analytic Pvt. Ltd.
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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