Global Surgical Drainage Devices Market Size was valued at US$ 1.3 Billion in 2021 and is expected to reach US$ 2.9 Billion by 2032, finds Future Market Insights (FMI) in a recent market survey. The growth of the market for Active Drains is projected to expand at a CAGR of around 7.7% during 2022 to 2032. The value of Active Drains Market increased at a CAGR of around 6.7% during 2017 to 2021.
Surgical Drainage Devices play a crucial role in modern medical practice by effectively managing post-operative fluid accumulation and promoting faster patient recovery. These devices are typically used after surgical procedures that may result in excessive fluids or blood collecting at the surgical site. Surgical Drainage Devices are designed to facilitate the removal of these fluids, reducing the risk of complications such as infections and hematomas. The most common types of Surgical Drainage Devices include Jackson-Pratt drains and Hemovac drains. Jackson-Pratt drains consist of a flexible tube connected to a drainage bulb that creates negative pressure, while Hemovac drains use a similar mechanism with a compressed spring to create suction. These devices not only provide optimal drainage but also offer the advantage of measuring the amount of fluid collected, allowing healthcare professionals to monitor the patient’s progress closely.
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The implementation of Surgical Drainage Devices has significantly improved patient outcomes and post-operative care. By preventing the accumulation of fluid at the surgical site, these devices reduce the risk of wound complications and infections, thus promoting faster wound healing. The use of Surgical Drainage Devices also aids in reducing post-operative discomfort, swelling, and pain, which can lead to enhanced patient comfort during the recovery period. Additionally, proper drainage can minimize the risk of seromas, hematoma formation, and other complications that may necessitate further medical interventions. As medical technology continues to advance, Surgical Drainage Devices are likely to see further refinement and innovation, contributing to improved surgical outcomes and patient care in the future.
Growth Drivers
According to a WHO projection, the world’s population over the age of 60 will more than double by 2050. The global ageing population has increased the prevalence of diseases such as neurological disease, eye disease, and cardiovascular disease. As a result, the number of procedures performed worldwide is increasing. Every year, 310 million procedures are performed worldwide, and this figure is anticipated to climb in the future. As the number of procedures increases, so does the demand for these gadgets.
An increase in the usage of alcohol and smoking is another factor that has led to the rise in the number of procedures. According to the WHO global study, overall alcohol use amounts for 26% and smoking contributes for 22.3%, resulting in an increase in cancer-related surgeries. The majority of these surgeries necessitate the use of Surgical Drainage Devices, which fuels the growth of the Surgical Drainage Devices market.
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Regional Insights
North America is expected to continue to be the largest market for Surgical Drainage Devices. Chronic wounds are particularly common in the elderly. In the United States, 3% of the population over the age of 65 has open wounds. According to the 2020 Census Bureau population predictions, more than 55 million Americans are 65 or older in the country, and chronic wounds affect 2% of the entire population of the United States. The region’s expanding chronic wound and open wound cases are directly influencing demand for Surgical Drainage Devices.
A growth in the number of surgeries in the region is another significant element driving up demand for Surgical Drainage Devices. Over 1 million surgeries are performed in Canada each year. As the number of surgeries increases, so does the demand for Surgical Drainage Devices. North America has over 7,000 hospitals, and governments in the region are investing heavily in the building of new healthcare facilities. As a result of the construction of new healthcare facilities, the need for Surgical Drainage Devices in the region is likely to expand.
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Competitive Landscape
Some of the key players in Surgical Drainage Devices include Acelity, Teleflex Incorporated, Cardinal Health, Medtronic, Cook Medical, Johnson and Johnson, B. Braun Melsungen AG, Smith & Nephew plc, Stryker, Becton Dickinson, and Centese.
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Some of the recent developments of key surgical drains devices providers are as follows:
- In October 2021, Centese created a self-cleaning chest tube device that offers more accurate measurements for keeping tabs on patients recuperating from heart or lung surgery. The device developed by Centese is called the Thoraguard device. This device will help Centese accelerate its growth in the segment of Surgical Drainage Devices.
- In April 2019, Smith & Nephew plc announced the acquisition of Osiris Therapeutics, Inc. This addition will further accelerate the growth of Smith & Nephew’s surgical drains business and advance the wound care franchise.
- In October 2019, 3M announced the acquisition of Acelity, Inc.
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