Increasing Cardiovascular And Pulmonary Disorders Driving Demand For The Market: Key Factor Driving The Growth In The Thoracic Drainage Devices Market

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What Is the Expected Thoracic Drainage Devices Market Size During the Forecast Period?
In recent times, the thoracic drainage devices market has experienced substantial growth. The forecast predicts an increase from $0.89 billion in 2024 to $0.97 billion in 2025, an estimated compound annual growth rate (CAGR) of 8.95%. This significant historical period growth can be linked to factors such as the rising rate of lung diseases, an increase in the number of thoracic surgeries, a growing elderly population, the preference for minimally invasive procedures, and the escalating incidents of pneumothorax and pleural effusion.

The market size for thoracic drainage devices is anticipated to witness robust expansion in the upcoming years, reaching a value of $1.35 billion in 2029 with a compound annual growth rate (CAGR) of 8.58%. This upward trend during the projected period can be ascribed to an increase in healthcare spending, heightened knowledge about post-surgery care, global enhancements in hospital infrastructure, a surging requirement for portable drainage systems, and an escalating preference for disposable medical devices. The period is also expected to herald key trend shifts including medical devices' technological progression, enhancements in chest drainage systems, the creation of intelligent monitoring systems, material innovation in catheters and tubing, and the debut of antimicrobial coatings in drainage devices.

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What Are the High-Growth Segments in the Thoracic Drainage Devices Market?
The thoracic drainage devices market covered in this report is segmented -

1) By Type: Digital, Traditional
2) By Product: Thoracic Drainage Systems, Thoracic Drainage Kits, Pleural Drainage Catheters, Other Products
3) By Application: Cardiac Surgery, Thoracic And Pulmonary Surgery, Other Applications
4) By End-Users: Hospitals, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Digital: Electronic Monitoring Systems, Digital Drainage Units With Real-Time Pressure Measurement, Automated Fluid Monitoring Devices
2) By Traditional: Suction Drainage Systems, Gravity Drainage Systems, Water-Seal Chest Drains

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What Key Drivers Are Expected to Influence Future Thoracic Drainage Devices Market Growth?
The surge in instances of cardiovascular and pulmonary disorders is anticipated to boost the expansion of the thoracic drainage devices market in the future. Such disorders involve a number of conditions influencing the heart, blood vessels, and lungs, subsequently affecting overall cardiovascular and respiratory wellness. The surge in cardiovascular and pulmonary disorders is largely due to inactive lifestyles, bad dietary patterns, smoking, and devoid of regular health check-ups, leading to increased requirement for specialized treatments and preventive solutions. Thoracic drainage devices help manage these disorders by efficiently extracting surplus fluid, air, or blood from the pleural or thoracic cavity, thereby ensuring optimal lung expansion and cardiovascular functionality. For example, data from the Australian Institute of Health and Welfare, an Australian government agency, showed that in December 2023, CHD-related death toll rose to 14,100 in 2021 and climbed to 14,900 in 2022. In addition, in June 2024, according to the same source, COPD was the root cause of 7,691 deaths in 2022, or 29.6 deaths per 100,000 population, making up 4.0% of total fatalities. Therefore, the surge in cardiovascular and pulmonary disorders is pushing the growth of the thoracic drainage devices market. The Market Growth for the Thoracic Drainage Devices is propelled by Minimally Invasive Surgeries

Which Companies Hold the Largest Share Across Different Thoracic Drainage Devices Market Segments?
Major companies operating in the thoracic drainage devices market are Medtronic plc, Terumo Corporation, Smiths Group plc, Teleflex Incorporated, Cook Group Incorporated, Merit Medical Systems, Vygon SA, Poly Medicure Ltd., B. Braun Melsungen AG, Medela AG, Utah Medical Products Inc., Angiplast Private Limited, Sterimed Medical Devices Private Limited, Eurosets s.r.l., Redax S.p.a., Sinapi Biomedical (Pty) Ltd., Rocket Medical plc, ATMOS MedizinTechnik GmbH & Co. KG, Argon Medical Devices Inc., Sterimed Medical Devices Pvt. Ltd.

What Trends Are Driving Growth in The Acute Hospital Care Market?
Leading enterprises in the thoracic drainage devices market are emphasizing on launching innovative solutions such as evacuated drainage bottles to boost effectiveness and minimize infection possibilities during medical surgeries. An evacuated drainage bottle serves as a medical apparatus that accumulates and retains fluid expelled from a wound or surgical station, usually under vacuum pressure, in order to aid healing and stave off infection. For example, in September 2023, Merit Medical Systems Inc., an American disposable medical devices production company, unveiled their Aspira evacuated drainage bottle. This device is designed specifically for pleural effusions and malignant ascites drainage, providing individuals with the ability to self-administer treatment at their residences with enhanced comfort and authority over the drainage velocity while also occupying 23% lesser storage area compared to conventional drainage bottles.

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What Are the Emerging Geographies for The Thoracic Drainage Devices Market Growth?
North America was the largest region in the thoracic drainage devices market in 2024. The regions covered in the thoracic drainage devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Thoracic Drainage Devices Market?
2. What is the CAGR expected in the Thoracic Drainage Devices Market?
3. What Are the Key Innovations Transforming the Thoracic Drainage Devices Industry?
4. Which Region Is Leading the Thoracic Drainage Devices Market?

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