The global drainage catheter market is expected to be worth US$ 325 million by the end of 2022. Drainage catheter sales are predicted to surpass a valuation of US$ 490 million by 2032, up from US$ 310 million in 2021. Because of the rising adoption of improved bodily fluid draining technologies around the world, the market for drainage catheters is expected to grow at a CAGR of about 4% to 5% between 2022 and 2032.
Drainage catheters are medical devices that are used to remove excess fluid from various regions of the body. The fluids are drained by putting these tools through the skin into the location where fluid has collected and then emptying it into a drainage bag.
To remain ahead of your competitors, request for a sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-9303
Advent of Telehealth and Virtual Care to Create Tailwind for the Drainage Catheter Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Drainage Catheter market.
Key Drainage Catheter Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Drainage Catheter market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
For critical insights on this market, request to ask an expert here@ https://www.futuremarketinsights.com/ask-question/rep-gb-9303
Report Benefits & Key Questions Answered
- Drainage Catheter Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Drainage Catheter market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Drainage Catheter Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Drainage Catheter market. As per the survey, Drainage Catheter sales will project steady growth over the forecast period.
- Drainage Catheter Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Drainage Catheter market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Drainage Catheter Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Drainage Catheter market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Drainage Catheter market.
Some of the prominent market players are profiled by FMI are:
- Smiths Medical
- Sorin
- Argon
- Atmos & Diversatek
- Teleflex, Medtronic
- Atrium
- Redax
- Medela
- PAHSCO
- Cook Medical
- Others
For in-depth competitive analysis, Buy Now@ https://www.futuremarketinsights.com/checkout/9303
Key Segments Profiled in the Drainage Catheter Market Survey
By Product Type:
- J-Tip
- Standard Loop
- Tight Loop
By Application Type:
- Chest Drainage Catheter
- External Ventricular Drainage Catheter
- Cerebrospinal Fluid Drainage Catheter
- Others
By End User:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Center
- Others
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
