Medical and Surgical Drainage System Market Report- Expansive Coverage on the Profit Sources

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Medical and Surgical Drainage System Market- (By Product Type (Drainage Systems (Open, Closed), Accessories), By Application (Cardiac and Thoracic Surgery, Abdominal, Orthopedic, Others Surgeries), By Flow Type (Active, Passive), By Application (Silastic, Rubber, Other Material)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Medical and Surgical Drainage System Market is valued at US$ 2.48 Bn in 2022, and it is expected to reach US$ 3.94 Bn by 2031, with a CAGR of 5.33% during the forecast period of 2023-2031.

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Surgical drains are devices used to remove fluids and/or gases from a wound or body cavity following surgery. These drains, typically placed near surgical sites in post-operative patients, help evacuate fluids such as blood, pus, or other bodily fluids from the body. They function by maintaining a negative pressure gradient, ensuring continuous drainage. Surgical drains contribute to the healing process by removing inflammatory mediators, bacteria, foreign substances, and necrotic tissue, which can support faster and more effective recovery.

The growing prevalence of chronic diseases, particularly cardiovascular conditions and cancer, has led to an increase in the number of cardiovascular and cancer-related surgeries. Cardiovascular disease, for instance, remains one of the leading causes of death globally. Additionally, the rising volume of surgeries, along with advancements in medical and surgical drainage systems, is driving the global market for surgical drainage systems. Furthermore, the increasing geriatric population is another significant factor contributing to the expansion of this market.

List of Prominent Players in the Medical and Surgical Drainage System Market:
• B. Braun SE
• Becton, Dickinson, and Company
• Cardinal Health, Inc.
• Convatec Group Plc
• Cook Medical
• Hangzhou Fushan Medical Appliances Co., LTD.
• Johnson & Johnson
• Medela AG
• Medline Industries, LP
• Medtronic plc
• Ningbo Luke Medical Co., LTD.
• Olympus Corporation
• Redax
• Teleflex Incorporated
• Vygon
• Zimmer Biomet Holdings, Inc.

Market Dynamics:
Drivers-
The growth of the global surgical drains market is primarily driven by the increasing geriatric population, advancements in surgical drain technology, and the ongoing efforts by manufacturers to develop more advanced and innovative drainage tubes. The rising number of surgeries worldwide is contributing to the demand for surgical drains, which are essential for ensuring successful post-operative recovery. Additionally, the growing prevalence of chronic diseases is expected to further propel the expansion of the surgical drains market.

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Challenges:
However, the market faces several challenges. The increasing adoption of minimally invasive procedures, coupled with complications associated with the use of surgical drains, may hinder market growth. Although surgical drains play a critical role in post-surgical recovery, they can lead to additional issues, including discomfort and mental stress for patients. Furthermore, the overburdening of hospital staff, especially in public hospitals, increases the likelihood of complications, which could negatively affect market growth.

Regional Trends:
The Asia Pacific medical and surgical drainage systems market is expected to capture a significant share of market revenue, with a projected high compound annual growth rate (CAGR) in the near future. The market's expansion in this region is being driven by the increasing investments from healthcare businesses, as well as changing healthcare reforms that support the introduction of new and improved products.

Recent Developments:
• In June 2023, BD (Becton, Dickinson and Company) and STERIS reached a $540 million definitive agreement to sell BD's surgical instrumentation platform. Products bearing the V. Mueller, Snowden-Pencer, and Genesis labels and three manufacturing facilities in St. Louis, Missouri, Cleveland, Ohio, and Tuttlingen, Germany, were included in the divestiture.
• In September 2022, B. Braun Medical Inc. (B. Braun) announced the acquisition of the innovative Clik-FIX catheter securement device portfolio from Starboard Medical, Inc. Using the organization's track record of pioneering products and programs, B. Braun's acquisition enhanced patient outcomes and the peripheral intravenous (IV) therapy experience.

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Segmentation of Medical and Surgical Drainage System Market-
By Product Type
• Drainage Systems
o Open
o Closed
• Accessories
By Application-
• Cardiac and Thoracic Surgery
• Abdominal
• Orthopedic
• Others Surgeries
By Flow Type-
• Active
• Passive
By Material Type-
• Silastic
• Rubber
• Other Material
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 Middle East and Africa

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