Surgical Drains Market Expected to Reach $3.1 Billion by 2030—Allied Market Research

According to a new report published by Allied Market Research, titled, “Surgical Drains Market," The surgical drains market size was valued at $2.1 billion in 2020, and is estimated to reach $3.1 billion by 2030, growing at a CAGR of 4.1% from 2021 to 2030. 

A surgical drainage device is an equipment that removes excess fluid or air or infected blood from the operation site or wound so that the risk of formation of hematoma is reduced and wound healing process is accelerated to ensure speedy recovery of the patient. Surgical drainage devices consist of soft pliable tubes, which are used to remove the pus, blood, and fluid from the wound, preventing it from accumulating in the body. There are various types of drain such as Jackson Pratt drain, Blake drain, Penrose drain, Chest tube, and Redivac drain.

The overall impact of COVID-19 remains negative for surgical drains market due to nationwide lockdown have been adopted by various countries across the world to stop the transmission of disease which led to decline in number surgeries. As during the surgical procedures patients are always in close contact with surgeons, which increases the risk of disease transmission. In addition, guidelines issued by government in COVID-19 to provide surgical services to patients who require urgent attention and postpone the surgeries if not urgent, which lead to decline in the demand for surgical drains products which are used post-surgery. For instance, report from Hong Kong in 2020, based on experience with SARS, had showed that the risk of infection is 5% for physicians, 4% for nurses, and 8% for healthcare assistants. It emphasized the importance of practicing strict isolation, infection control measures, and adherence to use of personal protective equipment (PPE).

Furthermore, the surgeons are prioritizing only urgent surgeries and enforcing reasonable delays for non-urgent surgeries after a case-by-case evaluation as per World Health Organization (WHO) guideline during lockdown, till the market opens completely. Thus, COVID-19 had influenced surgical drain market in negative way which can restrain the market growth in upcoming years.

Increase in incidences and prevalence of chronic diseases, increasing geriatric population, rise in number of surgeries, and increase in incidences of target diseases, globally are major drivers of the market. Furthermore, increased tobacco and alcohol consumption, rise in number of cancer-related surgeries, are factors driving the market globally. Moreover, the medical technological companies are focused on undertaking key strategies such as product launch, product approval and among others to strengthen the product portfolio, thereby enhancing opportunities in fast growing clinical areas in various regions. For instance, Altitude Dry Suction Chest Drainage Unit is a device developed by Medtronic to remove accumulated fluid using wall suction in cardiothoracic surgeries, which reduces the clot build up and adjacent tissue trauma.  

However, factors such as increase in number of minimally invasive processes, complications associated with usage of the systems and increase in chances for infection are expected to hamper the growth of the market up to some extent over the forecast period.

The global surgical drains market share is segmented based on products, type, application, end user, and region. On the basis of product, the market is divided into open surgical drainage systems and closed surgical drainage market. By type, it is classified into active drains and passive drains. The application segment includes general surgery, cardiac & thoracic surgery, orthopedic surgery, obstetric/gynecological surgery, and other surgeries. Depending on end user, the market is fragmented into hospitals, and ambulatory surgical centers & clinics. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By product type, the surgical drains market segmented into closed surgical drainage and open surgical drainage. The surgical drains market for closed surgical drainage system was the highest revenue contributor to the market, with $1,541.3 million in 2020, and is estimated to reach $2,400.0 million by 2030, with a CAGR of 4.5%. Furthermore, based on volume the surgical drains market for closed surgical drainage system was the highest revenue contributor to the market, with 57.4 million pieces in 2020, and is estimated to reach 74.3 million pieces by 2030, with a CAGR of 2.3%. Owing to their accessibility, ability to be used in areas that are difficult to bandage, easy collection of fluid for cytology or chemical analysis with less possibility of environmental contamination of the fluid, ability to minimize the build-up of air along with characterization of fluid, and rise in number of surgical procedures are expected to drive the surgical drains market trends.

By type, the global surgical drains market is classified into processing passive drains and active drains. the surgical drains market for active drains was the highest revenue contributor to the market, with $1,578.6 million in 2020, and is estimated to reach $2,320.4 million by 2030, with a CAGR of 3.9%. Furthermore, based on volume the surgical drains market for active drains was the highest revenue contributor to the market, with 55.1 million pieces in 2020, and is estimated to reach 68.4 million pieces by 2030, with a CAGR of 1.8 %. Owing to increase in use of active drains due to lower risk of retrograde infections, accurate measurement of drainage. and skin protection from irritating discharge.

By application, the global surgical drains market is classified into general surgery, cardiac & thoracic surgery, Orthopedic Surgery, Obstetric/Gynecological Surgery, and other surgeries. the surgical drains market for general surgery was the highest revenue contributor to the market, with $613.7 million in 2020, and is estimated to reach $909.7 million by 2030, with a CAGR of 4.0%. Furthermore, based on volume the surgical drains market growth for general surgery was the highest revenue contributor to the market, with 22.7 million pieces in 2020, and is estimated to reach 28.4 million pieces by 2030, with a CAGR of 1.9 %. Owing to increase prevalence of musculoskeletal diseases, such as rheumatoid arthritis, lupus erythematous, and osteoporosis and increasing number of orthopedic procedures, such as hip replacement and knee replacement globally.

On the basis of end user, the global surgical drains industry is divided into hospitals and ambulatory surgical clinics & centers. the surgical drains market for hospitals was the highest revenue contributor to the market, with $1,719.7 million in 2020, and is estimated to reach $2,550.0 million by 2030, with a CAGR of 4.0%. Furthermore, based on volume the surgical drains market for hospitals was the highest revenue contributor to the market, with 47.8 million pieces in 2020, and is estimated to reach 59.7 million pieces by 2030, with a CAGR of 1.9%. Due to a large number of surgeries conducted. The global increase in number of ambulatory surgical centers is another crucial factor that propels growth of the market.

Based on region, the surgical drains market is analyzed across North America, Europe, Asia-Pacific and LAMEA. North America was the largest shareholder in the surgical drains market in 2020. Owing to the increase in geriatric population, R&D investments and supportive government initiatives directed toward the reduction of the chronic diseases are the major factors driving the growth of the surgical drains market. Asia-Pacific is estimated to grow in the forecast period. Due to the increasing number of surgical procedures, the rising emphasis of prominent players in enhancing their presence, prevalence of chronic disorders and high demand for advanced care products in the region.

KEY FINDINGS OF THE STUDY

• By product type, the closed surgical drainage system segment was the highest contributor to the market in 2020.
• By type, the active drains were the highest contributor to the market in 2020.
• By end users, the hospital segment is projected to grow at a significant CAGR of 4.0% from 2021 to 2030.
• By region, North America garnered largest revenue share of 4.0%.in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR of 5.1% during the review period.