Market Overview:
The global closed wound drainage systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic and acute wounds, rising geriatric population, and technological advancements in wound care products. Based on type, the global closed wound drainage systems market is segmented into hollow drainage reservoirs and spring evacuators. The hollow drainage reservoir segment is expected to account for the majority share of the global closed wound drainage systems market in 2018 owing to its high adoption rate across hospitals, clinics, and other applications. By application, the hospital segment is expected to dominate the global closed wound drainage systems market in 2018 followed by clinics and other applications segments.
Product Definition:
A closed wound drainage system is a device used to collect and remove fluid from a wound. The importance of closed wound drainage systems is that they help to prevent infection and promote healing.
Hollow Drainage Reservoir:
Hollow drainage reservoir is a device used to collect fluid from a wound. It's basically an elongated, hollow container that has one end closed and the other open. The fluid collected in the reservoir can be either sterile or non-sterile depending on the need of the patient. This device is mostly used in situations where direct pressure cannot be applied to a wound site for instance; when treating deep wounds or injuries caused by burns.
Spring Evacuator:
The spring evacuator is a device used to remove wound exudates by suction. It consists of an air-filled chamber with a flexible hose attached to it. The chamber has two valves, one at the top and other at the bottom which open and close respectively to allow or prevent flow of air in the chamber. The valve on top releases vacuum when pressed thereby allowing wound exudates to be drawn into the hose through flexible tubing attached to it.
Application Insights:
The other application segment includes the wound care centers of airports, hospitals and clinics. The clinic-based GWCSs market is expected to witness significant growth over the forecast period owing to increasing cases of burns and trauma in developing countries like India, China and Brazil. In addition, rising awareness about advanced treatment options for chronic wounds is anticipated to boost demand over the forecast period.
Clinic-based wound care centers drain more than 80% of total global revenue in 2017 due to high patient volumes especially during summer months in Asia Pacific region. Increasing number of burn injuries coupled with rising healthcare expenditure are factors that may hinder industry growth but will eventually lead towards acceptance & adoption of advanced products by consumers as well as healthcare professionals at an early stage.
Regional Analysis:
North America dominated the global market in 2017 owing to rising cases of road accidents, sports injuries, and the presence of several key players in this region. In addition, increasing healthcare expenditure by governments and high awareness levels about advanced products are some other factors driving growth. Europe is expected to be the second-largest regional market due to growing wound care product demand from countries such as Germany and France.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving economic conditions in emerging countries such as India and China. Moreover, a rise in medical tourism due to affordable treatment options will also drive growth during the forecast period.
Growth Factors:
- Increasing incidence of chronic wounds: The global incidence of chronic wounds is increasing due to the aging population and rising rates of obesity and diabetes. This is expected to drive the demand for closed wound drainage systems over the forecast period.
- Technological advancements: Closed wound drainage systems are becoming increasingly sophisticated with new features being introduced regularly. This is likely to boost their adoption over the forecast period.
- Growing demand for minimally invasive procedures: Minimally invasive procedures are gaining popularity as they cause less pain and trauma than traditional surgery techniques. This is expected to benefit the closed wound drainage systems market as these devices are often used in minimally invasive surgeries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Closed Wound Drainage Systems Market Research Report
By Type
Hollow Drainage Reservoir, Spring Evacuator
By Application
Hospital, Clinic, Other
By Companies
BD, Stryker, Medtronic, Cook, B. Braun, Ethicon, Zimmer Biomet, Degania Silicone, Poly Medicure, Cardinal Health, ConvaTec, Hitec Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Closed Wound Drainage Systems Market Report Segments:
The global Closed Wound Drainage Systems market is segmented on the basis of:
Types
Hollow Drainage Reservoir, Spring Evacuator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BD
- Stryker
- Medtronic
- Cook
- B. Braun
- Ethicon
- Zimmer Biomet
- Degania Silicone
- Poly Medicure
- Cardinal Health
- ConvaTec
- Hitec Medical
Highlights of The Closed Wound Drainage Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hollow Drainage Reservoir
- Spring Evacuator
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Closed Wound Drainage Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Closed wound drainage systems are a type of medical device that is used to remove fluid and debris from wounds. These systems use suction to draw the fluid and debris out of the wound, which helps to prevent infection and promote healing.
Some of the key players operating in the closed wound drainage systems market are BD, Stryker, Medtronic, Cook, B. Braun, Ethicon, Zimmer Biomet, Degania Silicone, Poly Medicure, Cardinal Health, ConvaTec, Hitec Medical.
The closed wound drainage systems market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Closed Wound Drainage Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Closed Wound Drainage Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Closed Wound Drainage Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Closed Wound Drainage Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Closed Wound Drainage Systems Market Size & Forecast, 2020-2028
4.5.1 Closed Wound Drainage Systems Market Size and Y-o-Y Growth
4.5.2 Closed Wound Drainage Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hollow Drainage Reservoir
5.2.2 Spring Evacuator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Closed Wound Drainage Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Closed Wound Drainage Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hollow Drainage Reservoir
9.6.2 Spring Evacuator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hollow Drainage Reservoir
10.6.2 Spring Evacuator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hollow Drainage Reservoir
11.6.2 Spring Evacuator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hollow Drainage Reservoir
12.6.2 Spring Evacuator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hollow Drainage Reservoir
13.6.2 Spring Evacuator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Closed Wound Drainage Systems Market: Competitive Dashboard
14.2 Global Closed Wound Drainage Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BD
14.3.2 Stryker
14.3.3 Medtronic
14.3.4 Cook
14.3.5 B. Braun
14.3.6 Ethicon
14.3.7 Zimmer Biomet
14.3.8 Degania Silicone
14.3.9 Poly Medicure
14.3.10 Cardinal Health
14.3.11 ConvaTec
14.3.12 Hitec Medical
