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06-Dec-2023

Global Abdominal Drainage Tubes Strategic Research Report 2023 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Abdominal Drainage Tubes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.



Global Abdominal Drainage Tubes Market to Reach $243.9 Million by 2030

The global market for Abdominal Drainage Tubes estimated at US$180.3 Million in the year 2022, is projected to reach a revised size of US$243.9 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. Hospitals, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$165 Million by the end of the analysis period. Growth in the Ambulatory Surgery Centers segment is estimated at 3.5% CAGR for the next 8-year period.

The medical equipment and supplies industry faced significant disruptions due to the COVID-19 pandemic, which resulted in the cancellation of elective surgeries and a negative impact on the industry. However, as surgery volumes inch back towards pre-pandemic levels, there has been an increased demand for surgical drainage tubes.

In the competitive landscape of abdominal drainage tubes, key competitors are vying for market share, and their competitive market presence varies from strong to niche or trivial. The global market outlook for abdominal drainage tubes is influenced by factors such as the increased incidence of cancer, which is driving demand for these medical devices. The COVID-19 pandemic had a significant impact on the demand for abdominal drainage tubes, but as healthcare systems recover, the market is expected to stabilize.

The market analysis also considers various applications of abdominal drainage tubes, with hospitals, ambulatory surgery centers, and other healthcare facilities being key consumers.

The U.S. Market is Estimated at $60.2 Million, While China is Forecast to Grow at 6.2% CAGR

Regional dynamics play a crucial role in the abdominal drainage tubes market, with variations in sales between developed and developing regions. Different geographic regions have varying compound annual growth rates (CAGRs) for sales between 2022 and 2030.

The Abdominal Drainage Tubes market in the U.S. is estimated at US$60.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$30.6 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Attributes:

Report Attribute Details
No. of Pages 300
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $180.3 Million
Forecasted Market Value (USD) by 2030 $243.9 Million
Compound Annual Growth Rate 3.8%
Regions Covered Global

MARKET TRENDS & DRIVERS

  • Improving Surgical Procedure Volumes Presents Opportunities for Market Growth
  • Global Surgical Procedure Volumes (in Million) by Category: 2019
  • Growth in the Number of Surgeries in the US (2010-2025) and 2001-2010 (in %)
  • Increase in Incidences of Ostomy Surgeries Drives Bags and Drainage Tubes Market
  • Ostomy Prevalence Worldwide (% Share) by Type of Stoma: 2020
  • Ostomy Prevalence among Young and Elderly Population by Stoma Type: 2020
  • Ostomy Prevalence Rate by Disease Type: 2020
  • Gynecological Procedures Continue to Drive Strong Growth
  • Increasing Number of Cesarean Procedures Performed Propel Demand for Abdominal Drainage Tubes
  • Caesarean Section Rates (in %) by Region
  • Disposable Vs Reusable Surgical Tools and Accessories
  • Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost by Infection Type
  • Percutaneous Vs Open Surgical Drainage in Abdominal Abscesses
  • Long-term Drainage Tubes for Treating Ascites
  • Shift towards Minimal Invasive Surgeries: Significant Impact on Abdominal Drainage Tubes Market
  • Number of Surgical Procedures (per 100,000 People) in Select Countries
  • Rising Incidence of Chronic Diseases Drive Demand for Abdominal Drainage Tubes Market
  • Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • Number of New Cancer Cases and Deaths (in Million) by Region for 2020
  • Global Number of New Cancer Cases and Cancer-related Deaths by Cancer Site for 2020
  • Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
  • Rising Incidence of Colorectal Cancer, Bladder Cancer, and IBD and Drives the Need for Abdominal Drainage Tubes Market
  • Colorectal Cancer Incidence: 2020
  • Colorectal Cancer Prevalence: 2020
  • Colorectal Cancer Mortality: 2020
  • Bladder Cancer Incidence: 2020
  • Bladder Cancer Prevalence: 2020
  • Bladder Cancer Mortality: 2020
  • Aging Global Demography and Resultant Rise in Surgeries Drive Need for Abdominal Drainage Tubes
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Life Expectancy at Birth in Years of People in Select Countries for 2020E
  • Bourgeoning Medical Tourism Sector Fuel Demand for Abdominal Drainage Tubes
  • Global Medical Tourism Market Size (in US$ Billion) for 2020, 2022, 2024 & 2026
  • Rise in Healthcare Expenditure to Drive Growth of Abdominal Drainage Tubes Market
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
  • Increasing Obesity Levels Propels Market Growth
  • Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
  • Severely Obese Population (in Thousands) Worldwide by Country: 2014 & 2025
  • Popularity of Ambulatory Surgical Centers Surges Demand for Abdominal Drainage Tubes
  • Shift towards Home-based Therapy to Propel Growth in Abdominal Drainage Tubes Market
  • Shift towards Home Healthcare Presents Opportunities, Driving Growth in Abdominal Drainage Tubes Market: Global Home Healthcare Market (in US$ Billion) for the Years 2020, 2022, 2024 and 2026

FOCUS ON SELECT PLAYERS (Total 40 Featured)

  • B. Braun Melsungen AG
  • Becton, Dickinson and Company
  • Cardinal Health Inc.
  • J&J Medical Devices Companies
  • Medtronic plc
  • Medline Industries, LP.
  • Redax S.P.A
  • Smith & Nephew plc
  • Teleflex Incorporated

For more information about this report visit https://www.researchandmarkets.com/r/anwru1

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Last Updated: 06-Dec-2023