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Rising Surgical Procedures Propel Growth In the Medical And Surgical Drainage System Market Emerges as a Core Driver of the Medical And Surgical Drainage System Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Medical And Surgical Drainage System Market Through 2025?
In recent years, we've seen a consistent growth in the market size of medical and surgical drainage systems. A projection indicates a rise from $2.46 billion in 2024 to $2.55 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.6%. This growth in the past can be credited to the escalated employment of these devices across varied applications. An increase in the number of surgeries has necessitated the consistent use of reusable equipment in patient proximity, helping eliminate fluid and avert the build-up of air at the surgical area.
What's the Projected Size of the Global Medical And Surgical Drainage System Market by 2029?
In the coming years, the market for medical and surgical drainage systems is projected to experience consistent growth. It is anticipated to reach a value of $2.97 billion by 2029, with a compound annual growth rate (CAGR) of 3.9%. This market growth in the forecast period can be ascribed to factors such as the escalating number of surgical procedures, the changing healthcare requirements, the rising incidence of chronic diseases, and the increasing procedures for gastrointestinal and gynecological surgeries. Additionally, an increase in healthcare businesses' expenditures also plays a significant role. Key trends during the projected period include advances in technology and innovations in the medical and surgical drainage systems, upgrades in traditional drainage systems, solutions with high performance, lowered risk of complications, and the production of high-efficiency pumps.
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Top Growth Drivers in the Medical And Surgical Drainage System Industry: What's Accelerating the Market?
The escalating number of surgical operations is set to stimulate the growth of the medical and surgical drainage system market in the future. The surge in surgical procedures is due to a more aged population, the increase in the incidence of chronic illnesses, and medical technological innovations. Medical and surgical drainage systems serve to effectively eradicate surplus fluids, blood, and pus from the surgical area to avoid infection, minimize inflammation, and aid in recovery. For instance, in May 2024, the Government of British Columbia, a Canadian administrative entity, reported that 365,825 both planned and unplanned surgeries were performed. This number includes 284,844 planned operations, a rise of 24,380 compared to the same period in 2019-20. Moreover, the aggregate figure of both planned and unintended surgeries is 14,939 higher than in 2022-23. Thus, the escalating number of surgical operations is a major force propelling growth in the medical and surgical drainage system market.
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Which Emerging Trends Are Transforming the Medical And Surgical Drainage System Market in 2025?
Companies dominating the medical and surgical drainage system industry are prioritizing the development of inventive products, including the IRRAflow system. IRRAS's succeeding IRRAflow version intensifies fluid control in patients with intracranial hemorrhage by mixing automated irrigation with controlled drainage. This effectively minimizes complications and achieves comprehensive fluid expulsion. The system boasts easy-to-use controls, sequential step guidelines, and an improved layout for drainage collection to streamline treatment processes. In February 2022, IRRAS, a medical device firm based in Sweden, initiated the launch of this subsequent IRRAflow version. The IRRAflow system serves as an ingenious medical apparatus meant for overseeing intracranial pressure (ICP) and cerebrospinal fluid (CSF) drainage and is aimed to enhance treatment for intracranial hemorrhage. This progressive medical innovation bolsters fluid control by integrating automatic irrigation, assisting in the dilution and eradication of harmful substances while averting obstructions in drainage systems.
What Are the Main Segments in the Medical And Surgical Drainage System Market?
The medical and surgical drainage system market covered in this report is segmented -
1) By Product Type: Drainage Systems, Accessories
2) By Material Type: Silastic, Rubber, Other Materials
3) By Flow Type: Active, Passive
4) By Application: Cardiac And Thoracic Surgery, Abdominal, Orthopedic, Other Surgeries
Subsegments:
1) By Drainage Systems: Wound Drainage Systems Or Surgical Drainage Systems Or Chest Drainage Systems Or Peritoneal Drainage Systems
2) By Other Drainage Systems
3) By Accessories: Drainage Tubes Or Drainage Bags Or Drainage Clamps Or Collection Chambers
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Which Top Companies are Driving Growth in the Medical And Surgical Drainage System Market?
Major companies operating in the medical and surgical drainage system market are McKesson Medical-Surgical Inc., Cardinal Health Inc., Johnson & Johnson, Medtronic plc, Becton, dic*kinson, and Company, Stryker Corporation, Medline Industries LP, Zimmer Biomet Holdings Inc., Olympus Corporation, Smith & Nephew plc, Braun SE, Cook Medical, Teleflex Incorporated, ConvaTec Group, Medela AG, Vygon SA, Poly Medicure Limited, Redax S.p.A., Hangzhou Fushan Medical Appliances Co. Ltd., Ningbo Luke Medical Co. Ltd., Centese Inc.
Which Regions Will Dominate the Medical And Surgical Drainage System Market Through 2029?
Asia-Pacific was the largest region in the medical and surgical drainage systems market in 2024. The regions covered in the medical and surgical drainage system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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