Analysts forecast the global surgical drainage devices market to grow at a CAGR of 3% during the period 2018-2022. Surgical drainage device is a tube, which removes pus, blood, or other body fluids from the site of the wound during fluid accumulation after surgery.
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Key players in the global surgical drainage devices market: BD, CHIMED, Cook Medical, Getinge, and Medtronic.
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Commenting on the surgical drainage devices market report, an analyst says the latest trend gaining momentum in the market is rise in healthcare expenditure. Healthcare constitutes a major part of the overall economy of any country.
With the rise in structural changes such as the cost-effective products and greater emphasis on care management, healthcare spending continues to increase.
According to the surgical drainage devices market report, one of the major drivers for this market is Rise in number of surgeries. With the increase in chronic diseases globally, the number of surgeries being performed also increased since 2013.
The incidence of cancer such as breast, cervix, endocrine glands, prostate, and thyroid cancers is on the rise globally, especially in the US. According to the CDC, 1,596,486 patients were diagnosed with cancer in 2014, out of which the cancer mortality amounted to 591,686.
Cancer surgeries require surgical drainage units to avoid postoperative complications. For instance, postmastectomy or reconstruction surgeries require surgical drains to remove fluid from the wound site.
Further, the surgical drainage devices market report states that one of the major factors hindering the growth of this market is Postoperative complications. Although drains serve an important function, there are potential complications with their use.
Some of these complications are that there is a risk of drains breaking inside the patient's abdomen during removal.
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This report, Global Surgical Drainage Devices Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.