Chest Drainage Catheters Market Analysis - Global Industry Size, Share, Trends and Forecast 2020 - 2027

Chest drainage catheter is a sterile hose, which has a variety of drainage holes, which is placed in a pleural cavity, also called the chest drainage catheter. The insertion of the chest drainage catheter or thoracostomy of the chest tube is a minimally invasive operation performed to remove the thoracic air, fluid or blood from the lungs to avoid failure. Chest drainage is considered minimally invasive and is subject to percutaneous positioning technique (Seldinger). Minimally invasive treatments use state-of-the-art technologies in order to access the internal organs by minimal incisions, reducing discomfort and shorter hospital stays, lower risk of infection, less scarring, easier healing and a decline of blood loss of comparative to standard operations. Catheter chest drainage is mainly used in pulmonology and thoracic surgery. In the global market of chest drainage catheters, a wide number of foreign and local players work. The market is fragmented and the international players and local players are strongly in conflict. This results in quality products being available at competitive prices.

Market Insights

Due to the technical innovation that has driven doctors to transition from traditional surgery to minimally invasive care, the sector of chest drainage catheters moves. The global market for chest drainage catheters also is motivated by a growing burden of sudden pneumothorax globally and a growing number of thoracic and cardiovascular operations.

Increasing Prevalence of Cardiovascular Diseases and Growing Number of Cardiovascular Surgeries Drive the Growth of Global Chest Drainage Catheters Market

An rising prevalence of cardiovascular disorders and a the number of cardiovascular procedures is the key driver for growth in the global chest drainage catheter market. The number of cardiovascular operations reported at 10,581 cases in 2014 is expected for an improvement continuously to hit 15,501 cases in 2040—an improvement of 46.5% — for instance; National Centre for Biotechnology Knowledge, US. Increased CVD danger and population ageing incidence will possibly increase AMIs to 75 million and CVD deaths to 118 million and CVD deaths to a total of 39 million between 2016 and 2030. CVD deaths are projected to increase by 49 million overall. Moreover, enhanced demand and awareness of the benefits of minimally invasive surgery is promoting the expansion of the global market for catheters for chest drainage. High fixed costs can, however, impede business growth. Even so, the technological development of more innovative catheters for chest drainage can offer various opportunities for further market growth.

The global chest drainage catheters market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. In the time of expectation due to the highly-developed health care system and rising demand of cardiovascular surgical procedures in the area North America should dominate the global market of chest drainage catheters. For instance, according to U.S. the Thoracic Chirurgical Census and Society. Around 4,000 cardiothoracic surgeons were found in 2010 to perform more than 530,000 cases. By 2030, they expect nearly 3,000 cardiothoracic surgeons to serve about 854,000 cases. The study expects 54% more cases of hearsay, 70% more cases of lung cancer, and a 64% higher number of cases of oesophageal cancer out of 61. of the 61% higher cases. In addition, the demand growth in this area during the projected period has been complemented by growing knowledge of minimally invasion of surgery and a high acceptance rates for advanced medical items. Asia Pacific is anticipated to see an growing awareness and enhanced health facilities in the global chest drainage market in this area.

Some of the industry players include Maquet Holding B.V. & Co. KG (Germany), Medtronic plc (Ireland), Terumo Corporation (Japan), Teleflex Incorporated (United States), Rocket Medical Plc (United Kingdom), Smith’s Medical (United States), Cook Medical Incorporated (United States), Medline (United States), Medela (Switzerland), Mediplus (India), and others.

The global chest drainage catheters market is segmented as below:

Market Segmentation

Chest Drainage Catheters Market By Application

Infectious Disease

Cardiac Surgery

General Intensive Care

Pulmonology Surgery

Oncology & Pain Management

Others

Chest Drainage Catheters Market By End User

Hospitals

Clinics

Others

Chest Drainage Catheters Market By Geography

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa