Thoracic Drainage Devices Market Size, Share, and Competitive Landscape Analysis through 2031

The Global Thoracic Drainage Devices Market was valued at US$ 510.98 million in 2024 and is projected to reach US$ 1,149.82 million by 2033, growing at a CAGR of 9.43% from 2025 to 2033. The market is expanding due to the rising incidence of thoracic diseases, increasing thoracic and cardiac surgeries, and the growing adoption of minimally invasive drainage technologies.

Modern thoracic drainage devices are becoming essential in post-operative and critical care, with innovations such as real-time digital monitoring, portable drainage kits, and disposable systems improving patient safety and recovery outcomes. Hospitals and healthcare facilities are rapidly upgrading to these advanced solutions to enhance efficiency, reduce ICU stays, and deliver better respiratory care.

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The Thoracic Drainage Devices Market involves medical systems used to remove air, fluid, or blood from the pleural space, aiding in lung re-expansion and effective respiratory recovery.

Key Developments :

✅ September 2025 (United States): U.S.-based medical device manufacturers unveiled next-generation digital thoracic drainage systems with automated air-leak detection and real-time fluid monitoring. These innovations are reducing post-surgical complications and improving patient recovery efficiency in thoracic and cardiac units.

✅ July 2025 (Japan): A Japanese medtech company introduced a portable smart thoracic drainage device for both hospital and home-care settings. The product features intelligent suction control and wireless data connectivity, catering to Japan's growing home healthcare market.

✅ May 2025 (United States): U.S. hospitals adopted AI-driven drainage analytics platforms integrated with thoracic devices to optimize treatment decisions and enhance patient safety during recovery from lung surgeries.

Recent Mergers & Acquisitions :

✅ August 2025: Teleflex Incorporated (U.S.) acquired a medical technology startup specializing in sensor-enabled chest drainage systems, strengthening its digital thoracic care portfolio and global market reach.

✅ June 2025: Medtronic completed a joint acquisition with a Japanese partner to develop and commercialize smart thoracic drainage devices featuring wireless monitoring and predictive data capabilities across Asia-Pacific markets.

✅ April 2025: Smiths Medical acquired a U.S.-based manufacturer of portable thoracic drainage solutions, enhancing its supply capacity and expanding its foothold in the post-operative care segment.

Market Insights

♦ The thoracic drainage devices market in 2025 is witnessing strong growth due to increasing thoracic and cardiac surgical volumes and a shift toward digital, patient-centered drainage systems.
♦ Companies are focusing on AI integration, wireless monitoring, and compact device design to improve efficiency and mobility.
♦ Mergers and acquisitions are driving technological advancement and expanding product accessibility across global healthcare markets.

Key Players:

ATMOS MedizinTechnik GmbH & Co. KG - US $0.12 billion

Becton, Dickinson and Company (BD) - US $19.4 billion

Cardinal Health - US $205.0 billion

Cook Group Incorporated - US $2.5 billion

Getinge AB - US $3.4 billion

Sinapi Biomedical - US $0.03 billion

Teleflex Incorporated - US $3.1 billion

Utah Medical Products, Inc. - US $0.05 billion

Vygon SA - US $0.45 billion

Sterimed Group - US $0.25 billion

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Key Segments:

➥ By Product: Chest Drainage Systems, Thoracic Drainage Kits, Pleural Drainage Catheters, Trocar Drains, Others
➥ By Material Type: Silicone, Polyurethane, Latex, Others
➥ By Application: Cardiac Surgery, Oncology & Pain Management, Thoracic Surgery & Pulmonology, General Intensive Care & Emergency Medicine, Others
➥ By End-User: Hospitals, Ambulatory Surgery Centers, Cardiac Specialty Clinics, Cardiothoracic Centers, Others

Growth Forecast Projected:

The Global Thoracic Drainage Devices Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the Global Thoracic Drainage Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Thoracic Drainage Devices Market producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Thoracic Drainage Devices Market revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ :

Q1: What is the current size of the Thoracic Drainage Devices Market?

A: In 2024, the Thoracic Drainage Devices Market was valued at US$0.51 billion, reflecting its strong industry presence.

Q2: How large is the Thoracic Drainage Devices Market expected to be by 2033?

A: By 2033, industry forecasts suggest the Thoracic Drainage Devices Market will grow to around US$1.15billion, demonstrating significant expansion.

Q3: What is the growth rate of the Thoracic Drainage Devices Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 9.43% during the forecast period from 2025 to 2033.

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