The Digital Thoracic Drainage System Market Size is valued at 84.78 Mn in 2022 and is predicted to reach 162.15 Mn by the year 2031 at a 7.7 % CAGR during the forecast period for 2023-2031.
A digital thoracic drainage system, also known as a digital chest drainage system or digital chest tube system, is a medical device used to manage pleural and mediastinal drainage in patients suffering from pneumothorax (collapsed lung), hemothorax (blood in the pleural space), or pleural effusion (excess fluid in the pleural cavity). Increased thoracic surgery volume and improved patient outcomes are driving the digital thoracic drainage system market. The digital thoracic drainage system features the portable size, noiseless function, autonomous battery operation, digital indicators, and alarms.
However, during the pandemic, healthcare facilities faced severe obstacles, with several institutions reallocating resources to prioritize COVID-19 patient care. This reallocation could have influenced purchasing and uptake of specific medical gadgets, such as computerized thoracic drainage systems.
Competitive Landscape:
Some major key players in the Digital Thoracic Drainage System Market:
- Medtronic plc
- Becton, Dickinson and Company (BD)
- Getinge AB
- Teleflex Incorporated
- Sterimed Group
- ICU Medical (Smiths Medical)
- Cook Medical
- Cardinal Health, Inc.
- Vygon SA
- Utah Medical Products, Inc.
- Sinapi Biomedical
- Medela AG
- Redax
- ATMOS MedizinTechnik GmbH Co. KG
Market Segmentation:
The Digital Thoracic Drainage System Market is segmented by product, application, and end-user. As per product segment, the market is segmented as Drainage Systems, and Accessories & Disposables. Accessories & Disposable division is again categorised into Thoracic Chest Drainage Kits, Tubing, Suction Control Devices, and Others.
The application segment includes cardiac surgery, general intensive care & emergency medicine, oncology & pain management, thoracic surgery & pulmonology. The end-user segment includes ambulance services, ambulatory surgery centres, hospitals & specialty clinics, military surgeons, and urgent care or outpatient care. By hospitals & specialty clinics segment the market into anesthesiologists, cardiologists, infectiologist, pulmonologists, and other medical specialists.
Based On Product, The Drainage Systems Segment Is Accounted As A Major Contributor In The Digital Thoracic Drainage System Market
The drainage systems category is expected to lead with major share of the global Digital Thoracic Drainage System Market in 2022. Drainage systems provide real-time information on the drainage process, allowing healthcare providers to regulate drainage as needed. These devices can also generate an alarm or alert to advise medical personnel of any problems or changes in the drainage process. Drainage systems come in a variety of configurations, including digital systems outfitted with advanced technology such as sensors and algorithms. As a result of the increased need for drainage systems, substantial digital thoracic drainage system market prospects exist.
The Hospitals & Specialty Clinics Segment Is To Witness Growth At A Rapid Rate
The segment, hospitals & specialty clinics is projected to go upward at a rapid rate in the global Digital Thoracic Drainage System Market. Hospitals and specialist clinics serve a broader spectrum of patients than other healthcare institutions, increasing demand for advanced medical items. They also treat a variety of medical ailments, including respiratory conditions. Thoracic drainage systems are required for treatment.
In The Region, The North America Digital Thoracic Drainage System Market Holds A Significant Revenue Share
The North America Digital Thoracic Drainage System Market is expected to record the higher market share in terms of revenue in the near future due to its high standards of healthcare infrastructure and easy access to advanced technology. This is mostly due to increased chronic disease incidence and higher healthcare expenditure in the region's countries. In addition, the region has seen a significant increase in chronic diseases in recent years.
These and other chronic diseases are the major causes of death and disability in the United States, as well as the leading cause of healthcare costs. This has increased the demand for thoracic drain devices, which has boosted growth prospects. The Asia Pacific market is expected to increase in the next years due to the region's high prevalence of chronic respiratory disorders and rising healthcare spending. We are in a position to provide you customized research study where you can purchase some parts of the report. But, as a first-time buyer, we are glad to offer you the best-discounted report cost.
Digital Thoracic Drainage System Market Report Scope:
Report Attribute |
Specifications |
The Market Size Value In 2022 |
USD 84.78 Mn |
Revenue Forecast In 2031 |
USD 162.15 Mn |
Growth Rate CAGR |
CAGR of 7.7 % from 2023 to 2031 |
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2023 to 2031 |
Historic Year |
2019 to 2022 |
Forecast Year |
2023-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Product, By Application, By End-User |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; South East Asia |
Competitive Landscape |
Medtronic plc, Becton, Dickinson and Company (BD), Getinge AB, Teleflex Incorporated, Sterimed Group, ICU Medical (Smiths Medical), Cook Medical, Cardinal Health, Inc., Vygon SA, Utah Medical Products, Inc., Sinapi Biomedical, Medela AG, Redax, Getinge, ATMOS Medizin Technik GmbH Co. KG |
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |