Thoracic Catheters Industry is Expected to Reach US$ 691.80 million by 2031 - Cardinal Health, Getinge & Vygon.

The Global Thoracic Catheters Market was valued at US$ 418.48 million in 2023 and is projected to grow to US$ 691.80 million by 2031, with a CAGR of 6.3% during the forecast period from 2024 to 2031.

A thoracic catheter, commonly known as a chest tube, is a plastic tube used to drain fluid or air from the chest cavity, which, if accumulated in the pleural space between the lungs and chest wall, can lead to lung collapse. It can be inserted either during a surgical procedure or at the bedside using local anesthetics and sedation.

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Market Dynamics:

Rising prevalence of respiratory conditions
The rising global population, particularly the aging demographic, is at higher risk of severe respiratory conditions such as pneumothorax and chronic obstructive pulmonary disease (COPD), leading to increased hospitalizations and a growing demand for chest tubes for immediate intervention. Additionally, lifestyle factors like smoking, environmental pollution, and sedentary habits contribute to the rise in respiratory conditions, thereby increasing the prevalence of thoracic disorders and the demand for thoracic catheters. According to the World Health Organization (WHO), COPD is projected to become the third leading cause of death globally by 2030, with 90% of these deaths occurring in low- and middle-income countries. In 2019, COPD accounted for approximately 3.9 million deaths worldwide.

Segment Covered in the Thoracic Catheters Market:

By Material: PVC, Silicone, Others.

By Size: Large Bore Small Bore.

By Indication: Pneumothorax, Hemothorax, Empyema, Trauma, Postoperative Support, Others.

By End-user: Hospitals & Clinics, Ambulatory Surgical Centers, Specialty Clinics, Others.

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Major Key players involved in Thoracic Catheters Market:

• Cardinal Health
• Teleflex Incorporated.
• Getinge.
• Vygon
• Primed Halberstadt Medizintechnik GmbH
• Cook
• ANGIPLAST PRIVATE LIMITED.
• BD.
• Sterimed Group.
• Utah Medical Products

Regional Analysis:

The global Light Therapy Device Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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