Thoracic Drainage Devices Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 5.1% from 2026 to 2033, reaching USD 1.8 Billion by 2033.
In 2022, the global thoracic drainage devices market was valued at approximately USD 688 million, with projections indicating growth to USD 1.07 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.6% over the forecast period. North America held the largest market share, driven by a well established healthcare system and significant healthcare expenditure. The Asia Pacific region is anticipated to experience the highest growth rate, attributed to expanding healthcare infrastructure and increasing awareness of thoracic diseases in countries such as China and India. Opportunities within the thoracic drainage devices market are emerging due to several factors. The expanding healthcare infrastructure in emerging markets like Asia Pacific, Latin America, and Africa is increasing access to medical services, thereby boosting demand for thoracic drainage devices. Additionally, the development of next generation devices featuring wireless monitoring and integrated sensors presents avenues for innovation, aiming to enhance clinical outcomes and patient comfort. Furthermore, the growing aging population worldwide, which is more susceptible to respiratory disorders requiring thoracic drainage, contributes to the markets potential for expansion.
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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
Smiths Medical
Sinapi Biomedical
Medela
ATMOS MedizinTechnik GmbH & Co. KG
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Thoracic Drainage Devices Market
Thoracic Drainage Catheters
Chest Drainage Systems
Drainage Accessories
Pneumothorax
Hemothorax
Post-surgical Drainage
Pleural Effusion
Hospitals
Ambulatory Surgical Centers
Home Care Settings
Gravity Drainage Systems
Suction Drainage Systems
Silicone
Polyvinyl Chloride (PVC)
Latex
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Thoracic Drainage Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Thoracic Drainage Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thoracic Drainage Devices Market, By Type
6. Global Thoracic Drainage Devices Market, By Application
7. Global Thoracic Drainage Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Thoracic Drainage Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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