Market Overview:
The global thoracic drainage devices 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 respiratory diseases, rising geriatric population, and technological advancements in drainage devices. Based on type, the global thoracic drainage devices market is segmented into one chamber and multiple chambers. The one chamber segment is expected to dominate the market during the forecast period owing to its low cost and easy usage. Based on application, the global thoracic drainage devices market is segmented into hospitals, ambulatory care settings, and others (including home care settings and research institutes). The hospitals segment dominates this market due to increasing number of hospital admissions for respiratory diseases.
Product Definition:
Thoracic drainage devices are medical devices used to remove fluid from the chest cavity. This can be done to relieve pressure on the lungs, or to remove fluid that has built up as a result of infection or other illness. Thoracic drainage devices can be inserted through a small incision in the side of the chest, or they may be inserted through a tube that is passed down the throat and into the chest cavity.
One Chamber:
One chamber is a device used to drain the thoracic cavity. It's usage and growth factor in the market for thoracic drainage devices can be attributed to factors such as increasing prevalence of diseases that require thoracic drainage, technological advancements by key players, and rising awareness among individuals regarding health. One chamber is an important component in the overall architecture of a thoracic drainage system.
Multiple Chambers:
Multiple chambers devices are used in thoracic drainage devices. The multiple chamber device is a kind of suction pump that consists of two or more separate chambers connected by a flexible hose. Each chamber has it's own pump and can be used on its own to remove fluid from the patient with different pressures and flow rates as per requirement.
Application Insights:
The others application segment held the largest share of over 50.0% in 2017. The other applications include ICU, hospital, and ambulatory care settings. In hospitals, this device is used for the treatment of conditions such as respiratory failure and shock due to trauma or acute illness. It has been found to be helpful in treating patients suffering from respiratory diseases such as asthma and COPD since it provides effective ventilation without any intervention by healthcare professionals required for maintaining proper ventilation parameters with conventional mechanical ventilators.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, rising prevalence of chronic diseases, and increasing healthcare expenditure. For instance, according to a study published by RAND Corporation in 2016, the total cost of hospital-acquired conditions is USD X billion per year for patients aged 65 years and older and billion per year for those aged 55 years and younger. Thus, it is essential to control these costs by preventing infections or minimizing their occurrence rate through effective drainage devices usage.
Growth Factors:
- Increasing incidence of respiratory diseases: The global prevalence of respiratory diseases is increasing every year. This is mainly due to the changing lifestyle and environmental factors. As a result, there is an increase in the demand for thoracic drainage devices, which can help in the treatment of these diseases.
- Technological advancements: The technology for manufacturing thoracic drainage devices is constantly evolving, with new and improved products being launched in the market regularly. This has helped to boost the growth of this market significantly over the past few years.
- Growing awareness about respiratory health: There has been a significant increase in awareness about respiratory health among people around the world in recent years. This has led to an increased demand for thoracic drainage devices, as they can help improve breathing and lung function considerably.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thoracic Drainage Devices Market Research Report
By Type
One Chamber, Multiple Chambers
By Application
Hospitals, Ambulatory Care Settings, Others
By Companies
Teleflex Incorporated, Vygon S.A., Medtronic plc., C. R. Bard, Inc. (Becton, Dickinson and Company), MAQUET Holding B.V. & Co. KG (Getinge Group), Utah Medical Products, Inc., Smiths Medical, Sinapi Biomedical, Medela, ATMOS MedizinTechnik GmbH & Co. KG, Teleflex Incorporated
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Thoracic Drainage Devices Market Report Segments:
The global Thoracic Drainage Devices market is segmented on the basis of:
Types
One Chamber, Multiple Chambers
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
Hospitals, Ambulatory Care Settings, Others
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:
- Teleflex Incorporated
- Vygon S.A.
- Medtronic plc.
- C. R. Bard, Inc. (Becton, Dickinson and Company)
- MAQUET Holding B.V. & Co. KG (Getinge Group)
- Utah Medical Products, Inc.
- Smiths Medical
- Sinapi Biomedical
- Medela
- ATMOS MedizinTechnik GmbH & Co. KG
- Teleflex Incorporated
Highlights of The Thoracic Drainage Devices 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:
- One Chamber
- Multiple Chambers
- By Application:
- Hospitals
- Ambulatory Care Settings
- Others
- 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 Thoracic Drainage Devices 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?
Thoracic drainage devices are medical devices that help drain fluid and air from the chest. They can be used to treat a variety of conditions, including pneumonia, emphysema, and bronchitis.
Some of the major companies in the thoracic drainage devices market are Teleflex Incorporated, Vygon S.A., Medtronic plc., C. R. Bard, Inc. (Becton, Dickinson and Company), MAQUET Holding B.V. & Co. KG (Getinge Group), Utah Medical Products, Inc., Smiths Medical, Sinapi Biomedical, Medela, ATMOS MedizinTechnik GmbH & Co. KG, Teleflex Incorporated.
The thoracic drainage devices 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 Thoracic Drainage Devices 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 Thoracic Drainage Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thoracic Drainage Devices 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 Thoracic Drainage Devices 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 Thoracic Drainage Devices Market Size & Forecast, 2020-2028 4.5.1 Thoracic Drainage Devices Market Size and Y-o-Y Growth 4.5.2 Thoracic Drainage Devices 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 One Chamber
5.2.2 Multiple Chambers
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 Hospitals
6.2.2 Ambulatory Care Settings
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thoracic Drainage Devices 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 Thoracic Drainage Devices 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 One Chamber
9.6.2 Multiple Chambers
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 Hospitals
9.10.2 Ambulatory Care Settings
9.10.3 Others
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 One Chamber
10.6.2 Multiple Chambers
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 Hospitals
10.10.2 Ambulatory Care Settings
10.10.3 Others
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 One Chamber
11.6.2 Multiple Chambers
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 Hospitals
11.10.2 Ambulatory Care Settings
11.10.3 Others
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 One Chamber
12.6.2 Multiple Chambers
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 Hospitals
12.10.2 Ambulatory Care Settings
12.10.3 Others
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 One Chamber
13.6.2 Multiple Chambers
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 Hospitals
13.10.2 Ambulatory Care Settings
13.10.3 Others
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 Thoracic Drainage Devices Market: Competitive Dashboard
14.2 Global Thoracic Drainage Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teleflex Incorporated
14.3.2 Vygon S.A.
14.3.3 Medtronic plc.
14.3.4 C. R. Bard, Inc. (Becton, Dickinson and Company)
14.3.5 MAQUET Holding B.V. & Co. KG (Getinge Group)
14.3.6 Utah Medical Products, Inc.
14.3.7 Smiths Medical
14.3.8 Sinapi Biomedical
14.3.9 Medela
14.3.10 ATMOS MedizinTechnik GmbH & Co. KG
14.3.11 Teleflex Incorporated