Global Thoracic Drainage Devices Market By Product Type (Thoracic Drainage System, Trocar Drain, Unsecured Needle, Secured Needle, Pleural Drainage Catheter, Thoracic Drainage Kit), End Use (Ambulance Services, Hospitals and Specialty Clinics, Urgent Care, Ambulatory Surgery Centers, Military Surgeons), Application (Thoracic Surgery and Pulmonology, Cardiac Surgery, General Intensive Care and Emergency Medicine, Infectious Disease, Oncology and Pain Management, Military Medicine), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa), Market Trends and Forecast to 2027
Market Analysis and Insights of Global Thoracic Drainage Devices Market
Thoracic drainage devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 999.99 million by 2027 growing at a CAGR of 5.55% in the above-mentioned forecast period. The rising awareness among the people regarding the aids linked with the usage of thoracic drainage devices has been directly affecting the growth of the market.
Thoracic drainage devices is a type of medical device that is used to drain out liquids, air and some solid particle from pleural space or mediastinum of chest, while these devices are made up of clear plastics such as soft silicone or PVC which is sued in various applications such as thoracic surgery and pulmonology, infectious disease, general intensive care and emergency medicine, cardiac surgery, oncology & pain management and military medicine.
Increasing occurrences of cardiovascular diseases, high blood pressure, diabetes and obesity, rising preferences of minimally invasive procedures, favourable reimbursement policies of the government and increasing burden of spontaneous pneumothorax are some of the factors that will enhance the growth of the thoracic drainage devices market in the forecast period of 2020-2027. On the other hand, rising open heart surgeries and introduction of new and advanced technology will further create new and ample opportunities for the growth of thoracic drainage devices in the above mentioned forecast period.
Less provision of healthcare facilities in developing regions and lack of skilled and trained personal will acts as a market restraint for the growth of thoracic drainage devices market in the above mentioned forecast period.
This thoracic drainage devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research thoracic drainage devices market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Thoracic Drainage Devices Market Scope and Market Size
Thoracic drainage devices market is segmented on the basis of product type, application and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, thoracic drainage devices market is segmented into thoracic drainage system, trocar drain, unsecured needle, secured needle, pleural drainage catheter and thoracic drainage kit.
- Thoracic drainage devices market has also been segmented based on the end use into ambulance services, hospitals and specialty clinics, urgent care, ambulatory surgery centers and military surgeons.
- Based on application, thoracic drainage devices market is segmented into thoracic surgery and pulmonology, cardiac surgery, general intensive care and emergency medicine, infectious disease, oncology and pain management and military medicine.
Thoracic Drainage Devices Market Country Level Analysis
Thoracic drainage devices market is analysed and market size insights and trends are provided by country, product and end use as referenced above.
The countries covered in the thoracic drainage devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the thoracic drainage devices market due to the high prevalence of market players and low product cost, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to rising awareness regrading cardiovascular diseases and increasing expenditure on healthcare activities.
The country section of the thoracic drainage devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Thoracic drainage devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for thoracic drainage devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the thoracic drainage devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Thoracic Drainage Devices Market Share Analysis
Thoracic drainage devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thoracic drainage devices market.
The major players covered in the thoracic drainage devices market report are Teleflex Incorporated., Vygon SA, ATMOS MedizinTechnik GmbH & Co. KG, Cook, BD., Getinge AB, Utah Medical Products, Inc., Smiths Group PLC, Sinapi Biomedical, Medela AG, Rocket Medical plc., Sterimed, Cardinal Health., B. Braun Melsungen AG, Bio Medical Devices, EUROSETS, Angiplast, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Thoracic Drainage Devices Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.