Market Highlights: A drain is a tube to allow fluid or air that collect at an operation site or in a wound to drain freely to the surface. The different fluids are drained out from our body such as blood, serum , pus, urine, faeces, bile or lymph. It can be used according to demand of operation long or short time period the drainage system acts on various principles according to their type such as by gravity, by capillary effect, or by suction. It comes under various types like open-close and active-passive. The Surgical Drainage System widely used for general surgery, cardiac & thoracic surgery, orthopedics surgery obstetric/gynecological surgery, other surgeries. The market study is being classified by Type (Passive Drains and Active Drains), by Application (General Surgery, Cardiac & Thoracic Surgery, Orthopedics Surgery, Obstetric/Gynecological Surgery and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Surgical Drainage System are Acelity (United States), Teleflex Incorporated (United States), Cardinal Health (United States), Medtronic (Ireland), Zimmer Biomet (United States), Cook Medical (United States), Stryker (United States), B. Braun (Germany), ConvaTec (United Kingdom), C.R. Bard (United States), Redax (Italy), Ethicon (United States) and Romsons (India).
Major Market Development Highlights On 13th February 2020, Medtronic acquired Digital surgery. It will accelerate the strategies of the company and help to enter the digital market. and On 2nd May 2019, 3M announced that it will be acquiring Acelity Inc, this acquisition will help the company expands its surgical wound care department. On 16th September 2019, FDA cleared Zimmer Biomet's received FDA clearance of the JuggerStitch Meniscal Repair Device. It is next-generation Meniscal repair technology it will be available in the U.S. market.
Key Questions Answered in the Report What will the Surgical Drainage System Market size and the growth rate be in Future? What are the key factors driving the Surgical Drainage System Market? What are the key market trends and macro-economic impacting the growth of the Surgical Drainage System Market? What are the challenges to market growth? Who are the key vendors in the Surgical Drainage System Market? What are the market opportunities and threats faced by the vendors in the Surgical Drainage System Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Surgical Drainage System Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Surgical Drainage System market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Surgical Drainage System market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufactures, Wholesaler/retailers/suppliers, Research institute, Educational institute, Potential investors, Hospitals sectors and Government sector. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.