Market Research Future (MRFR) has published on the “Global Closed Surgical Wound Drainage Market”.
The closed surgical wound drainage market is estimated to register a CAGR of 5.17% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global closed surgical wound drainage market— Cardinal Health (US), Zimmer Biomet (US), Axiom Medical, Inc. (US), Angiplast Pvt. Ltd. (India), Polymedicure (India), Becton, Dickinson, and Company (US), B. Braun SE (Germany), StayGuard (US), Medline Industries, Inc. (US), VariVac International Medical Research Pty Ltd. (Australia)
Closed Surgical Wound Drainage Market Highlights
The global closed surgical wound drainage market is accounted for to register a CAGR of 5.17% during the forecast period and is estimated to reach USD 3.16 billion by 2032.
The rising awareness about the benefits of closed surgical wound drainage will further help the market to grow. Closed surgical drainage methods reduce the requirement for wound reinforcement and bruising but increase the demand for blood transfusion. Suction drainage may minimize the occurrence of wound hematomas, hence lowering the incidence of postoperative wound drainage and possibly infection. Furthermore, the growing technological advancements in the medical devices market will help the closed surgical wound drainage market to propel for the considered study period. Moreover, the increasing strategic partnerships also drive the market for closed surgical wound drainage. For instance, in April 2022, Bearpac Medical (US) and APR Medtech (UK) entered an exclusive distribution agreement for the Passio Pump Drainage System. As a result, based on the overall consumption of active drains, it is expected to increase the fastest in the near future.
Therefore, rising awareness about the benefits of closed surgical wound drainage and technological advancements across the globe is expected to support closed surgical wound drainage market growth over the forecast period. However, increasing concerns over side effects are expected to hamper the growth of the global market. Nevertheless, collaborations of major players with small players are projected to create lucrative opportunities for market players.
Segment Analysis
The global closed surgical wound drainage market has been segmented based on product, type, age type, application, end user.
On the basis of the product, the global closed surgical wound drainage market is segmented into closed surgical drainage systems, and accessories. The closed surgical drainage systems segment was attributed to holding the largest market share in 2022 revenue as estimated by MRFR analysts. This is due to the closed wound drainage system aiding in preventing hematomas and infections, which speeds up wound healing while relieving pain and inflammation.
On the basis of type, the global closed surgical wound drainage market is segmented into active drains, and passive drains. The active drains segment was attributed to holding the largest market share in 2022 revenue as estimated by MRFR analysts. This is due to the increasing prevalence of chronic diseases such as cancer and cardiovascular diseases, which have led to an increase in surgeries.
On the basis of age group, the global closed surgical wound drainage market is segmented into adult, and pediatric. The adult segment was attributed to holding the largest market share in 2022 revenue as estimated by MRFR analysts. This is due to the closed surgical wound drainage in the adult is widely used in many surgeries in different medical specialties.
On the basis of application, the global closed surgical wound drainage market is segmented into general surgery, orthopedics surgery, cardiac & thoracic surgery, obstetric/gynecological surgery, and others. The cardiac & thoracic surgery segment was attributed to holding the largest market share in 2022 revenue as estimated by MRFR analysts. This is due to the rising prevalence of orthopedics diseases and the growing aging population across the globe which are expected to drive market growth.
On the basis of the end user, the global closed surgical wound drainage market is segmented into hospitals & clinics, ambulatory surgical centers, and others. The hospitals & clinics segment was attributed to holding the largest market share in 2022 revenue as estimated by MRFR analysts. This is due to the rising prevalence of cancer and other chronic disorders that has further driven the growth.
Explore In-depth Market Details [Table of Content, List of Figures, List of Tables] of Closed Surgical Wound Drainage Market Research Report
Regional Analysis
The global closed surgical wound drainage market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe closed surgical wound drainage market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The closed surgical wound drainage market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the world’s closed surgical wound drainage market comprises of Middle East, Africa, and Latin America.
Increasing number of surgical procedures and increasing demand for advanced technologies are driving the growth of the closed surgical wound drainage market in North America. Furthermore, the presence of a large number of noticeable players such as Cardinal Health (US), Zimmer Biomet (US), Axiom Medical, Inc. (US), Becton, Dickinson, and Company (US), Medline Industries, Inc. (US) in this region is the major driving factor of the market.
Moreover, the Europe market has been persistently growing owing to the increasing number of mastectomy surgeries increases the demand for closed surgical wound drainage is driving the demand for closed surgical wound drainage in the region.
Additionally, economic growth and rising disposable incomes in many countries within the Asia-Pacific region such as China and India have contributed to the growth of the closed surgical wound drainage industry with higher spending power. This increased affordability and willingness to spend on closed surgical wound drainage further drives market growth.
Furthermore, the rest of the world's closed surgical wound drainage market is divided into the Middle East, Africa, and Latin America. The major factors driving the growth of closed surgical wound drainage market in the region are the owing to the presence of countries such as Egypt and Saudi Arabia.
The impact of COVID-19 remains negative on closed surgical wound drainage market, owing to decline in number of surgeries. In addition, guidelines issued by governments to provide surgical services to patients require urgent attention and postpone surgeries, lead to a decline in demand for surgical drains products, which are used for post-surgery.
Key Findings of the Study
- The global closed surgical wound drainage market is expected to reach USD 3.16 billion by 2032, at a CAGR of 5.17% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market, owing to the presence of rapidly developing economies, and increasing healthcare expenditure in the Asia-Pacific region.
- Based on the age group segment, the adult segment was attributed to holding the largest market in 2022.
- Cardinal Health (US), Zimmer Biomet (US), Axiom Medical, Inc. (US), Angiplast Pvt. Ltd. (India), Polymedicure (India), Becton, Dickinson, and Company (US), B. Braun SE (Germany), StayGuard (US), Medline Industries, Inc. (US), VariVac International Medical Research Pty Ltd. (Australia) are the key market players.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Base Year | 2022 |
Companies Covered | 15 |
Pages | 245 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.