Market Overview:
The global wound drainage system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the wound drainage system market can be attributed to the increasing incidence of chronic wounds, technological advancements in wound drainage systems, and rising demand for minimally invasive surgeries. Based on type, the global wound drainage system market is segmented into open wound drainage systems and closed wound drainage systems. Closed wound drainage systems are further classified into implantable closed-suction drains and non-implantable closed-suction drains. Closed-suction drains are more common than open-drainage systems as they offer several advantages such as less infection risk, reduced pain and swelling, shorter hospital stay, and faster healing time. Based on application, the global wound drainage system market is segmented into hospitals, ambulatory surgery centers (ASCs), and clinics. Hospitals account for the majority share of the global market due to increasing number of surgical procedures performed in hospitals every year across the globe.
Product Definition:
A wound drainage system is a device used to collect and remove fluid from a wound. The importance of a wound drainage system is that it promotes healing by removing excess fluid, bacteria, and debris from the wound.
Open Wound Drainage System:
The global open wound drainage system market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising number of chronic diseases, increasing geriatric population, and rapid technological advancements are some major factors that are driving the growth of this industry globally.
Closed Wound Drainage System:
The wound drainage system is a collection of devices used to remove fluid from the wound. It consists of a series of tubes or hoses connected to an external suction pump. The purpose is to reduce the swelling and prevent infection by removing cellular debris, blood, and other infectious materials from wounds.
Application Insights:
The acute wounds segment dominated the global market in 2017 owing to the rising cases of burns and trauma. Acute wounds include surgical & traumatic wounds as well as burns injuries. The surgical & traumatic wound segment held a major share in 2017 due to increasing cases of trauma across the globe. According to WHO, an estimated 1-2% of adults suffer from some form of trauma every year which leads to around 3-4 million severe injuries and 80-150 million moderate or light injuries worldwide. Thus, increasing incidence rate of accidents is expected to boost product demand over the forecast period.
On the other hand, closed chronic wound drainage system is anticipated register a CAGR more than 9% from 2018 to 2030 owing high prevalence rate for chronic diseases such as diabetes and obesity across various regions including North America and Europe Pacific region respectively which will result in increase number of diabetic foot ulcers and pressure ulcers respectively over the forecast period driving growth for this application type during study period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing road accidents, rising prevalence of chronic diseases such as diabetes and cancer, and other factors. According to the American Cancer Society, Inc., around 2 million new cases of cancer will be diagnosed in the U.S. by 2020; it is estimated that only 1% to 2% of these cases will die due to lack of treatment or resources (1).
Asia Pacific is expected witness lucrative growth over the forecast period owing to various initiatives taken up by governments for improving healthcare infrastructure in this region coupled with rising patient awareness levels regarding available treatments for their respective conditions (2).
Growth Factors:
- Increasing incidence of chronic wounds: The global wound drainage system market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing incidence of chronic wounds. According to a study by the World Health Organization (WHO), chronic wounds account for more than 6% of the global burden of disease. This number is expected to increase in the coming years due to the growing aging population and rising prevalence of lifestyle diseases such as obesity and diabetes.
- Technological advancements: The wound drainage system market is witnessing rapid technological advancements, with new products being launched regularly. These products are designed for specific applications, such as closed-suction systems for surgical procedures and negative-pressure wound therapy (NPWT) systems for treating acute and chronic wounds. This is driving demand for advanced wound drainage systems, which are more effective in managing complex or difficult-to-treat wounds effectively.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wound Drainage System Market Research Report
By Type
Open Wound Drainage System, Closed Wound Drainage System
By Application
Hospitals, Ambulatory Surgery Centers (ASCs) & Clinics
By Companies
B.Braun, Cardinal Health, C.R.Bard, ConvaTec, Ethicon, Stryker, Romsons, Redax, Medtronic, Medline, B.Braun, Poly Medicure, Zimmer Biomet, Global Medikit, Degania Silicone
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Wound Drainage System Market Report Segments:
The global Wound Drainage System market is segmented on the basis of:
Types
Open Wound Drainage System, Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
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:
- B.Braun
- Cardinal Health
- C.R.Bard
- ConvaTec
- Ethicon
- Stryker
- Romsons
- Redax
- Medtronic
- Medline
- B.Braun
- Poly Medicure
- Zimmer Biomet
- Global Medikit
- Degania Silicone
Highlights of The Wound Drainage System 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:
- Open Wound Drainage System
- Closed Wound Drainage System
- By Application:
- Hospitals
- Ambulatory Surgery Centers (ASCs) & Clinics
- 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 Wound Drainage System 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?
A wound drainage system is a medical device that helps to remove excess fluid and blood from wounds. It consists of a tube that goes through the wound and into the body (known as an exit point), and a collection container (known as an infuser) at the other end. The tube allows fluids to flow out of the wound, while the infuser collects any blood that flows in.
Some of the key players operating in the wound drainage system market are B.Braun, Cardinal Health, C.R.Bard, ConvaTec, Ethicon, Stryker, Romsons, Redax, Medtronic, Medline, B.Braun, Poly Medicure, Zimmer Biomet, Global Medikit, Degania Silicone.
The wound drainage system 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 Wound Drainage System 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 Wound Drainage System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wound Drainage System 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 Wound Drainage System 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 Wound Drainage System Market Size & Forecast, 2020-2028 4.5.1 Wound Drainage System Market Size and Y-o-Y Growth 4.5.2 Wound Drainage System 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 Open Wound Drainage System
5.2.2 Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wound Drainage System 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 Wound Drainage System 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 Open Wound Drainage System
9.6.2 Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
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 Open Wound Drainage System
10.6.2 Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
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 Open Wound Drainage System
11.6.2 Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
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 Open Wound Drainage System
12.6.2 Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
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 Open Wound Drainage System
13.6.2 Closed Wound Drainage System
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 Surgery Centers (ASCs) & Clinics
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 Wound Drainage System Market: Competitive Dashboard
14.2 Global Wound Drainage System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B.Braun
14.3.2 Cardinal Health
14.3.3 C.R.Bard
14.3.4 ConvaTec
14.3.5 Ethicon
14.3.6 Stryker
14.3.7 Romsons
14.3.8 Redax
14.3.9 Medtronic
14.3.10 Medline
14.3.11 B.Braun
14.3.12 Poly Medicure
14.3.13 Zimmer Biomet
14.3.14 Global Medikit
14.3.15 Degania Silicone