+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Thoracic Drainage Devices - Market Insights, Competitive Landscape, and Market Forecast - 2030

  • PDF Icon

    Report

  • 150 Pages
  • July 2024
  • Region: Global
  • DelveInsight
  • ID: 5985153
UP TO OFF until Dec 31st 2024
The global thoracic drainage devices market is estimated to grow at a CAGR of 4.31% during the forecast period from 2024 to 2030. The demand for thoracic drainage devices is primarily being boosted by the increasing prevalence of cardiovascular and pulmonary disorders. Additionally, the growing incidence of heart and thoracic surgeries around the globe is another key factor, which is contributing to the growth of the thoracic drainage devices market during the forecast period from 2024 to 2030.

Thoracic Drainage Devices Market Dynamics:

According to the latest data provided by the World Health Organization 2022, it was estimated that there were around 2.21 million new cases of lung cancer were reported in 2020, globally. Additionally, the same source stated that Lung cancer is the leading cause of cancer-related deaths worldwide, accounting for the highest mortality rates among both men and women. Thoracic drainage devices are commonly used in surgeries for lung cancer treatment. These devices, often referred to as chest tubes, are inserted into the pleural space (the space between the lung and the chest wall) to drain fluid, blood, or air that may accumulate after surgery. Thus, the rising prevalence of lung cancers across the globe will create a need for the management and treatment of such pulmonary disorders, thus resulting in the positive growth of the thoracic drainage devices market.

As per the data provided by the British Heart Foundation 2024, it was estimated that there are around 7.6 million people (4 million men and 3.6 million women) are living with cardiovascular diseases in the UK. The same source stated that more than a million people in the UK are living with heart failure. As the incidence of heart disease rises, there will likely be a higher demand for cardiac surgeries such as coronary artery bypass grafting (CABG), valve replacement, and repair procedures. These surgeries often necessitate the use of thoracic drainage devices for postoperative drainage of fluid and blood. Thus, the rising prevalence of cardiovascular disorders will result in the positive growth of the thoracic drainage devices market during the forecast period.

However, the risk of infection associated with the usage of thoracic drainage devices and stringent regulatory approvals are some of the key constraints that may limit the growth of the thoracic drainage devices market.

Thoracic Drainage Devices Market Segment Analysis:

Thoracic drainage devices market by type (Digital and Traditional), Product (Thoracic Drainage Systems, Thoracic Drainage Kits, Pleural Drainage Catheters, and others) Application (Cardiac Surgery, Thoracic & Pulmonary Surgery, and Others), End-Users (Hospitals, Ambulatory Surgical Centers, and Others), and geography (North America, Europe, Asia-Pacific, and Rest of the World)

In the type segment of the thoracic drainage devices market, the digital category is estimated to amass a significant revenue share in the thoracic drainage devices market in 2023. This can be attributed to the various advantages provided by the digital thoracic devices. Digital thoracic systems provide real-time monitoring of drainage parameters such as fluid volume, flow rate, and pressure. This allows healthcare providers to closely track the patient's progress and adjust treatment as needed, leading to more precise management of thoracic conditions. Additionally, digital drainage systems may incorporate automated features such as adaptive pressure regulation or intermittent suction modes. These features optimize drainage efficiency while minimizing patient discomfort and reducing the risk of complications such as tissue damage or fluid leakage.

Therefore, owing to the above-mentioned factors, the digital thoracic drainage devices category is expected to register significant growth, thereby driving the growth of the overall thoracic drainage devices market during the forecast period.

North America Is Expected To Dominate The Overall Thoracic Drainage Devices Market:

North America is expected to account for the highest proportion of the thoracic drainage devices market in 2023, out of all regions. This is due to the high prevalence of cardiovascular and pulmonary disorders in the region. Additionally, the presence of sophisticated healthcare infrastructure, robust research and development initiatives, and a highly viable market in terms of product development, and launches are some of the key factors driving the growth of the thoracic drainage devices market in North America.

According to the data provided by the Centers for Disease Control and Prevention 2023, it was stated that about 1 in 20 adults age 20 and older have coronary artery disease in the United States. Additionally, the same source stated that every year, about 805,000 people in the United States have a heart attack. As the incidence of heart diseases rises, there will likely be a higher demand for cardiac surgeries resulting in the usage of thoracic drainage devices during heart surgeries. Thus, the rising prevalence of heart diseases will eventually contribute to the growth of the thoracic drainage devices market in the United States, which will eventually boost the thoracic drainage devices market in North America.

Further, various key product launches and product approvals in the region are some of the other factors that are influencing the positive growth of the market in North America. In December 2023, Bearpac Medical, LLC announced that the US FDA has granted 510(k) clearance for the Passio Pump Drainage System for the additional indication of peritoneal to provide therapy for malignant ascites in addition to recurrent pleural effusions.

Therefore, the factors mentioned above, are some of the important factors that are thereby responsible for driving the overall market for thoracic drainage devices in North America during the forecast period.

Thoracic Drainage Devices Market Key Players:

Some of the key market players operating in the thoracic drainage devices market include Cardinal Health, Getinge AB, BD, Teleflex Incorporated., Cook, Medline Industries, ATMOS MedizinTechnik GmbH & Co. KG, Utah Medical Products, Inc., Vygon SA, Medela, Redax, Sinapi Biomedical, Smiths Group Plc, Vivomed Ltd., Sterimed Group, EUROSETS, ANGIPLAST PRIVATE LIMITED, and others.

Recent Developmental Activities In The Thoracic Drainage Devices Market:

  • In April 2022, Bearpac Medical, LLC entered into an exclusive distribution agreement with APR Medtech Ltd (Thame, Oxon, UK) to sell the Passio Pump Drainage System, indicated for the intermittent drainage of recurrent and symptomatic pleural effusions and malignant ascites.
  • In December 2020, Medela LLC, a global leader in medical vacuum technology, today announced that its Thopaz+ Digital Chest Drainage and Monitoring System has undergone multiple quantitative tests that demonstrate its filtration system effectively blocks passage of aerosolized viral particles such as SARS-CoV-2, the virus responsible for COVID-19.

Key Takeaways From The Thoracic Drainage Devices Market Report Study

  • Market size analysis for current thoracic drainage devices market size (2023), and market forecast for 6 years (2024 to 2030)
  • Top key product/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
  • Key companies dominating the thoracic drainage devices market.
  • Various opportunities available for the other competitors in the thoracic drainage devices market space.
  • What are the top-performing segments in 2023? How these segments will perform in 2030?
  • Which are the top-performing regions and countries in the current thoracic drainage devices market scenario?
  • Which are the regions and countries where companies should have concentrated on opportunities for thoracic drainage devices market growth in the coming future?

Target Audience Who Can Be Benefited From This Thoracic Drainage Devices Market Report Study

  • Thoracic drainage devices product providers
  • Research organizations and consulting companies
  • Thoracic drainage devices-related organizations, associations, forums, and other alliances
  • Government and corporate offices
  • Start-up companies, venture capitalists, and private equity firms
  • Distributors and Traders dealing in thoracic drainage devices
  • Various end-users who want to know more about the thoracic drainage devices market and the latest technological developments in the thoracic drainage devices market.

Frequently Asked Questions For The Thoracic Drainage Devices Market:

1. What is meant by thoracic drainage devices market?

Thoracic drainage devices, also known as chest drainage systems, are medical devices used to remove air, fluid, or pus from the pleural space (the space between the lungs and the chest wall) or from the mediastinum (the central compartment of the thoracic cavity).

2. What is the market for thoracic drainage devices?

The global thoracic drainage devices market is estimated to grow at a CAGR of 4.31% during the forecast period from 2024 to 2030.

3. What are the drivers for the global thoracic drainage devices market?

The thoracic drainage devices market is slated to witness prosperity owing to factors such as the increasing prevalence of cardiovascular and pulmonary disorders. Additionally, the growing incidence of heart and thoracic surgeries around the globe is another key factor, which is contributing to the growth of the thoracic drainage devices market during the forecast period from 2024 to 2030.

4. Who are the key players operating in the global thoracic drainage devices market?

Some of the key market players operating in the thoracic drainage devices market include, Cardinal Health, Getinge AB, BD, Teleflex Incorporated., Cook, Medline Industries, ATMOS MedizinTechnik GmbH & Co. KG, Utah Medical Products, Inc., Vygon SA, Medela, Redax, Sinapi Biomedical, Smiths Group Plc, Vivomed Ltd., Sterimed Group, EUROSETS, ANGIPLAST PRIVATE LIMITED, and others.

5. Which region has the highest share in the global thoracic drainage devices market?

North America is expected to dominate the overall thoracic drainage devices market during the forecast period, 2024 to 2030. This is due to the high prevalence of cardiovascular and pulmonary disorders in the region. Additionally, the presence of sophisticated healthcare infrastructure, robust research and development initiatives, and a highly viable market in terms of product development, and launches are some of the key factors driving the growth of the thoracic drainage devices market in North America.


This product will be delivered within 2 business days.

Table of Contents

1. Thoracic Drainage Devices Market Report Introduction
1.1. Scope of the Study
1.2. Market Segmentation
1.3. Market Assumption
2. Thoracic Drainage Devices Market Executive Summary
2.1. Market at Glance
3. Competitive Landscape
4. Regulatory Analysis
4.1. The United States
4.2. Europe
4.3. Japan
4.4. China
5. Thoracic Drainage Devices Market Key Factors Analysis
5.1. Thoracic Drainage Devices Market Drivers
5.1.1. Rising prevalence of cardiovascular and pulmonary disorders
5.1.2. Increasing incidence of heart and thoracic surgeries
5.2. Thoracic Drainage Devices Market Restraints and Challenges
5.2.1. Risk of infection associated with the usage of thoracic drainage device
5.2.2. Stringent regulatory approval
5.3. Thoracic Drainage Devices Market Opportunities
5.3.1. Growing advancement leading to the development of more efficient and minimally invasive thoracic drainage devices
6. Thoracic Drainage Devices Market Porter’s Five Forces Analysis
6.1. Bargaining Power of Suppliers
6.2. Bargaining Power of Consumers
6.3. Threat of New Entrants
6.4. Threat of Substitutes
6.5. Competitive Rivalry
7. Thoracic Drainage Devices Market Assessment
7.1. By Type
7.1.1. Traditional
7.1.2. Digital
7.2. By Product
7.2.1. Thoracic Drainage Systems
7.2.2. Thoracic Drainage Kits
7.2.3. Pleural Drainage Catheters
7.2.4. Others
7.3. By Application
7.3.1. Cardiac Surgery
7.3.2. Thoracic & Pulmonary Surgery
7.3.3. Others
7.4. By End-User
7.4.1. Hospitals
7.4.2. Ambulatory Surgical Centers
7.4.3. Others
7.5. By Geography
7.5.1. North America
7.5.1.1. United States Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.1.2. Canada Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.1.3. Mexico Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.2. Europe
7.5.2.1. France Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.2.2. Germany Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.2.3. United Kingdom Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.2.4. Italy Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.2.5. Spain Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.2.6. Rest of Europe Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.3. Asia-Pacific
7.5.3.1. China Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.3.2. Japan Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.3.3. India Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.3.4. Australia Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.3.5. South Korea Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.3.6. Rest of Asia-Pacific Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.4. Rest of the World (RoW)
7.5.4.1. Middle East Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.4.2. Africa Thoracic Drainage Devices Market Size in USD million (2021-2030)
7.5.4.3. South America Thoracic Drainage Devices Market Size in USD million (2021-2030)
8. Thoracic Drainage Devices Market Company and Product Profiles
8.1. Cardinal Health
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Financial Overview
8.1.4. Product Listing
8.1.5. Entropy
8.2. Getinge AB
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Financial Overview
8.2.4. Product Listing
8.2.5. Entropy
8.3. BD
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Financial Overview
8.3.4. Product Listing
8.3.5. Entropy
8.4. Teleflex Incorporated.
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Financial Overview
8.4.4. Product Listing
8.4.5. Entropy
8.5. Cook
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Financial Overview
8.5.4. Product Listing
8.5.5. Entropy
8.6. Medline Industries
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Financial Overview
8.6.4. Product Listing
8.6.5. Entropy
8.7. ATMOS MedizinTechnik GmbH & Co. KG
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Financial Overview
8.7.4. Product Listing
8.7.5. Entropy
8.8. Utah Medical Products, Inc.
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Financial Overview
8.8.4. Product Listing
8.8.5. Entropy
8.9. Vygon SA
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Financial Overview
8.9.4. Product Listing
8.9.5. Entropy
8.10. Medela
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Financial Overview
8.10.4. Product Listing
8.10.5. Entropy
8.11. Redax
8.11.1. Company Overview
8.11.2. Company Snapshot
8.11.3. Financial Overview
8.11.4. Product Listing
8.11.5. Entropy
8.12. Sinapi Biomedical
8.12.1. Company Overview
8.12.2. Company Snapshot
8.12.3. Financial Overview
8.12.4. Product Listing
8.12.5. Entropy
8.13. Smiths Group Plc
8.13.1. Company Overview
8.13.2. Company Snapshot
8.13.3. Financial Overview
8.13.4. Product Listing
8.13.5. Entropy
8.14. Vivomed Ltd.
8.14.1. Company Overview
8.14.2. Company Snapshot
8.14.3. Financial Overview
8.14.4. Product Listing
8.14.5. Entropy
8.15. Sterimed Group
8.15.1. Company Overview
8.15.2. Company Snapshot
8.15.3. Financial Overview
8.15.4. Product Listing
8.15.5. Entropy
8.16. EUROSETS
8.16.1. Company Overview
8.16.2. Company Snapshot
8.16.3. Financial Overview
8.16.4. Product Listing
8.16.5. Entropy
8.17. ANGIPLAST PRIVATE LIMITED
8.17.1. Company Overview
8.17.2. Company Snapshot
8.17.3. Financial Overview
8.17.4. Product Listing
8.17.5. Entropy
8.18. Bearpac Medical, LLC
8.18.1. Company Overview
8.18.2. Company Snapshot
8.18.3. Financial Overview
8.18.4. Product Listing
8.18.5. Entropy
8.19. GBUK Group Ltd.
8.19.1. Company Overview
8.19.2. Company Snapshot
8.19.3. Financial Overview
8.19.4. Product Listing
8.19.5. Entropy
8.20. Andocor
8.20.1. Company Overview
8.20.2. Company Snapshot
8.20.3. Financial Overview
8.20.4. Product Listing
8.20.5. Entropy
9. KOL Views10. Project Approach11. About the Publisher12. Disclaimer
List of Tables
Table 1: Competitive Analysis
Table 2: Thoracic Drainage Devices Market in Global (2021-2030)
Table 3: Thoracic Drainage Devices Market in Global by Type (2021-2030)
Table 4: Thoracic Drainage Devices Market in Global by Product (2021-2030)
Table 5: Thoracic Drainage Devices Market in Global by Application (2021-2030)
Table 6: Thoracic Drainage Devices Market in Global by End-User (2021-2030)
Table 7: Thoracic Drainage Devices Market in Global by Geography (2021-2030)
Table 8: Thoracic Drainage Devices Market in North America (2021-2030)
Table 9: Thoracic Drainage Devices Market in North America by Country (2021-2030)
Table 10: Thoracic Drainage Devices Market in the United States (2021-2030)
Table 11: Thoracic Drainage Devices Market in Canada (2021-2030)
Table 12: Thoracic Drainage Devices Market in Mexico (2021-2030)
Table 13: Thoracic Drainage Devices Market in Europe (2021-2030)
Table 14: Thoracic Drainage Devices Market in Europe by Country (2021-2030)
Table 15: Thoracic Drainage Devices Market in France (2021-2030)
Table 16: Thoracic Drainage Devices Market in Germany (2021-2030)
Table 17: Thoracic Drainage Devices Market in the United Kingdom (2021-2030)
Table 18: Thoracic Drainage Devices Market in Italy (2021-2030)
Table 19: Thoracic Drainage Devices Market in Spain (2021-2030)
Table 20: Thoracic Drainage Devices Market in the Rest of Europe (2021-2030)
Table 21: Thoracic Drainage Devices Market in Asia-Pacific (2021-2030)
Table 22: Thoracic Drainage Devices Market in Asia-Pacific by Country (2021-2030)
Table 23: Thoracic Drainage Devices Market in China (2021-2030)
Table 24: Thoracic Drainage Devices Market in Japan (2021-2030)
Table 25: Thoracic Drainage Devices Market in India (2021-2030)
Table 26: Thoracic Drainage Devices Market in Australia (2021-2030)
Table 27: Thoracic Drainage Devices Market in South Korea (2021-2030)
Table 28: Thoracic Drainage Devices Market in Rest of Asia-Pacific (2021-2030)
Table 29: Thoracic Drainage Devices Market in the Rest of the World (2021-2030)
Table 30: Thoracic Drainage Devices Market in RoW by Region (2021-2030)
Table 31: Thoracic Drainage Devices Market in the Middle East (2021-2030)
Table 32: Thoracic Drainage Devices Market in Africa (2021-2030)
Table 33: Thoracic Drainage Devices Market in South America (2021-2030)
List of Figures
Figure 1: Competitive Analysis
Figure 2: Thoracic Drainage Devices Market in Global (2021-2030)
Figure 3: Thoracic Drainage Devices Market in Global by Type (2021-2030)
Figure 4: Thoracic Drainage Devices Market in Global by Product (2021-2030)
Figure 5: Thoracic Drainage Devices Market in Global by Application (2021-2030)
Figure 6: Thoracic Drainage Devices Market in Global by End-User (2021-2030)
Figure 7: Thoracic Drainage Devices Market in Global by Geography (2021-2030)
Figure 8: Thoracic Drainage Devices Market in North America (2021-2030)
Figure 9: Thoracic Drainage Devices Market in North America by Country (2021-2030)
Figure 10: Thoracic Drainage Devices Market in the United States (2021-2030)
Figure 11: Thoracic Drainage Devices Market in Canada (2021-2030)
Figure 12: Thoracic Drainage Devices Market in Mexico (2021-2030)
Figure 13: Thoracic Drainage Devices Market in Europe (2021-2030)
Figure 14: Thoracic Drainage Devices Market in Europe by Country (2021-2030)
Figure 15: Thoracic Drainage Devices Market in France (2021-2030)
Figure 16: Thoracic Drainage Devices Market in Germany (2021-2030)
Figure 17: Thoracic Drainage Devices Market in the United Kingdom (2021-2030)
Figure 18: Thoracic Drainage Devices Market in Italy (2021-2030)
Figure 19: Thoracic Drainage Devices Market in Spain (2021-2030)
Figure 20: Thoracic Drainage Devices Market in the Rest of Europe (2021-2030)
Figure 21: Thoracic Drainage Devices Market in Asia-Pacific (2021-2030)
Figure 22: Thoracic Drainage Devices Market in Asia-Pacific by Country (2021-2030)
Figure 23: Thoracic Drainage Devices Market in China (2021-2030)
Figure 24: Thoracic Drainage Devices Market in Japan (2021-2030)
Figure 25: Thoracic Drainage Devices Market in India (2021-2030)
Figure 26: Thoracic Drainage Devices Market in Australia (2021-2030)
Figure 27: Thoracic Drainage Devices Market in South Korea (2021-2030)
Figure 28: Thoracic Drainage Devices Market in Rest of Asia-Pacific (2021-2030)
Figure 29: Thoracic Drainage Devices Market in the Rest of the World (2021-2030)
Figure 30: Thoracic Drainage Devices Market in RoW by Region (2021-2030)
Figure 31: Thoracic Drainage Devices Market in the Middle East (2021-2030)
Figure 32: Thoracic Drainage Devices Market in Africa (2021-2030)
Figure 33: Thoracic Drainage Devices Market in South America (2021-2030)
Figure 34: Market Drivers
Figure 35: Market Barriers
Figure 36: Marker Opportunities
Figure 37: PORTER'S Five Force Analysis

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Cardinal Health
  • Getinge AB
  • BD
  • Teleflex Incorporated.
  • Cook
  • Medline Industries
  • ATMOS MedizinTechnik GmbH & Co. KG
  • Utah Medical Products, Inc.
  • Vygon SA
  • Medela
  • Redax
  • Sinapi Biomedical
  • Smiths Group Plc
  • Vivomed Ltd.
  • Sterimed Group
  • EUROSETS
  • ANGIPLAST PRIVATE LIMITED