Thoracic Drainage Devices Market, By Product (Trocar Drain, Secured Needle, Thoracic Drainage Kit, Thoracic Drainage System, Unsecured Needle, Pleural Drainage Catheter), By Application (Thoracic Surgery & Pulmonology, General Intensive Care & Emergency Medicine, Oncology & Pain Management, Cardiac Surgery, Infectious Disease, Military/Damage Control Medicine), By End-user (Ambulance Services, Urgent Care or Outpatient Care, Military Surgeons, Hospitals & Specialty Clinics, Ambulatory Surgery Centers) – Global Industry Insights, Trends and Forecast, 2017-2025

Created On: Aug-2018
Report ID: IR173
Format: PDF

Global Thoracic Drainage Devices Market will expand at a stable rate owing to an increase in various incidences such as pleural effusion and pneumothorax, coupled with an acceptance of advanced thoracic drainage technological products over the forecast period.

Thoracic Drainage Devices Market: Market Dynamics

The thoracic drainage devices can be primarily used for ailment signs of pneumothorax, pleural effusion, traumatic pneumothorax and some cardiac surgeries. Some of the key boosting factors for the growth of thoracic drainage devices market include the rise in patient’s preference of cardiovascular diseases, coupled with rising minimally invasive surgeries demand. Cardiovascular diseases are some serious health issues effecting a large number of people across the world. Some of the causes for cardiovascular problems include diabetes, hypertension, along with obesity. These factors are causing cardiovascular disorders, mainly heart strokes, atresia, regurgitation, and stenosis. Rise in open heart surgeries, caused by overweight, lack of workout, smoking and unhealthy lifestyles will further create a significant demand for thoracic drainage device, which will boost the market significantly.

Thoracic Drainage Devices Market: By Application

In terms of application, the thoracic drainage devices market has been segmented into thoracic surgery & pulmonology, general intensive care & emergency medicine, cardiac surgery, oncology & pain management, infectious disease, and military/damage control medicine. The thoracic surgery & pulmonology segment is predicted to hold the prime share of the market, owing to increasing pulmonological and thoracic disorders. Moreover, these devices are further used for treating pleural effusions, empyema, and pneumothorax disorders.

Thoracic Drainage Devices Market: By Region

North America and Europe likely to contribute the dominant share of the global thoracic drainage devices market. The market share is majorly backed by the revenue generated by the U.S. market. This is majorly augmented by the factors like high level of end-user awareness, coupled with favorable health insurance policies. Moreover, the U.S. market is mainly driven by rising adoption of new devices and affordable medical insurance plans for cardiovascular surgical treatments.

Europe held the second dominant share of the global market. It is majorly contributed by Germany. Rising consumer awareness regarding cardiovascular diseases, coupled with rising health care expenditure will drive the Europe thoracic drainage devices market.

Less healthcare facilities’ penetration, coupled with the lack of product availability of thoracic drainage devices will restrict the market growth in regions like Latin America, Middle East, and Africa.

Thoracic Drainage Devices Market: Competitive Landscape

Some of the key contributors in the global market include Vygon S.A., Cook Medical, Maquet Holding B.V. & Co. KG, Smiths Medical, Medela, Teleflex Incorporated, Medtronic Plc., C. R. Bard, Inc., Utah Medical Products, Inc., and Atmos Medizine Technik Gmbh & Co. KG among several others.

Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
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