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Electric Boats Market Share, Trends, and Forecast 2025-2033 | Growing at 13.3% CAGR Driven by Green Marine Regulations and Lithium-Ion Battery Advancements

11-06-2025 11:18 AM CET | Logistics & Transport

Press release from: Straits Research

Electric Boats Market Size

Electric Boats Market Size

The global surgical drainage devices market size is estimated at USD 3.36 billion in 2025 and is projected to reach USD 5.66 billion by 2033, growing at a CAGR of 6.75% during the forecast period (2025-2033).
Surgical drainage devices play a critical role in post-operative care by removing accumulated bodily fluids such as blood, serum, lymph or exudate from wound beds after surgery, thereby reducing pressure on surrounding organs, nerves and blood vessels, minimising discomfort and accelerating healing.
These devices are used across a variety of surgical procedures including thoracic, cardiovascular, abdominal, neurosurgical and orthopaedic. They are manufactured from materials such as latex, silicone, polyethylene and PVC, and come in both active (suction-based) and passive (gravity-based) formats.

Explore the full report for trends, tables, and market analysis: https://straitsresearch.com/report/surgical-drainage-devices-market

Market Dynamics & Growth Factors:
Rising Number of Surgical Procedures
A major driver for this market is the sharp increase in surgical procedures spanning breast, abdomen, chest, lymph nodes, thyroid and reconstructive surgeries. With growing demand for cosmetic and elective interventions, the role of drainage devices in wound management becomes ever more significant.
The increasing prevalence of chronic wounds, and the need for fluid evacuation in surgical site cavities, also underpin demand for advanced drainage solutions.

Growth of Medical Tourism
Growing international medical tourism especially in countries such as India, Brazil, Turkey and Malaysia where surgical procedures are more affordable is fueling demand for drainage devices in those regions.

Product Innovation & Market Opportunity
Manufacturers are investing in novel drainage solutions (e.g., suction-enhanced systems, self-cleaning drains, improved materials) to meet unmet clinical needs and differentiate from commodity products.

Restraining Factors
Key challenges include limited clinical expertise in some regions for optimal drain placement, risk of leakage or infection when systems are mis-applied, and cost pressures.
Additionally, passive drainage devices are often viewed as commoditised, which limits premium pricing potential despite innovation.

Segmental Insights:
Product: Active vs Passive
The market is broadly split between active drainage devices (suction/vacuum-based) and passive drainage devices (gravity or capillary action). Active devices dominated the market, accounting for a substantial share (~67.06% in 2022) due to their superior performance in high-risk or high-fluid surgeries.

Application
The leading application segment is thoracic and cardiovascular surgeries, which accounted for over ~28.04% in 2022, driven by the global burden of cardiovascular disease and high volume of chest-drain procedures.
Other important application areas include neurosurgery, abdominal surgery and orthopaedics.

End-User
Hospitals dominate the market (over 41.02% share in 2022) given their volume of surgeries and in-hospital post-operative care infrastructure.
Ambulatory surgical centres and specialised clinics are growing segments as more procedures migrate out of traditional inpatient settings.

Request your free sample to see segment forecasts and key insights: https://straitsresearch.com/report/surgical-drainage-devices-market/request-sample

Regional Insights:
North America
North America is the largest regional market, with a share of ~40.84% in 2022. The region's growth is driven by aging populations, high surgical procedure volumes, and a high prevalence of chronic and open wounds requiring drainage.

Asia-Pacific
The Asia-Pacific region is forecast to grow at ~6.2% CAGR during the period, supported by rising surgical volumes, increased healthcare infrastructure investment, and growing geriatric populations.

Competitive Landscape:
Key players in the Surgical Drainage Devices Market include:

Acelity
Teleflex Incorporated
Cardinal Health
Medtronic
Cook Medical
Stryker

These organisations are actively engaging in product innovation, strategic partnerships and acquisitions to strengthen their market positions and respond to evolving clinical needs.

Purchase the complete report for full data and recommendations: https://straitsresearch.com/buy-now/surgical-drainage-devices-market

Future Outlook & Opportunities:
As surgical sites shift toward outpatient/ambulatory settings and same-day procedures, there is growing demand for compact, easy-to-manage drainage devices that enable patient self-care and reduce hospital stays.

Smart drainage systems which integrate sensors, wireless monitoring and digital data capture represent a significant growth frontier.

Emerging markets in Asia, Latin America and Africa present substantial opportunities for lower-cost devices and infrastructure upgrade.

Products that combine antimicrobial coatings, biocompatible materials or resorbable components stand to disrupt the category and deliver clinical value beyond fluid removal.

Conclusion:
With the global surgical drainage devices market expected to grow to nearly USD 5.66 billion by 2033, manufacturers, healthcare providers and investors must align with the evolving landscape of surgical care. Key success factors include device innovation, regional expansion, strategic collaborations and positioning for outpatient and home-based care growth. As surgical volumes continue to rise and post-operative care becomes more advanced, surgical drainage devices will remain a critical component of the healthcare supply chain.

Contact Us :
+1 646 905 0080 (U.S.)
+91 8087085354 (India)
+44 203 695 0070 (U.K.)
sales@straitsresearch.com

About Us :
Straits Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.

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