About Wound drain Catheter
Wound drain is a tube used to remove pus, blood or other fluids from a wound. Nasogastric tubes, urinary catheter, and vascular access port are example of wound drain. Wound drain aid in the removal of inflammatory mediators, germs and necrotic tissues, resulting in a speedier healing process. Surgeons are responsible for installing these drains. The surgical drains systems are made up of a suction device that allows fluid to be evacuated from the patients bodies.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.2% |
Wound drain catheters is a fragmented market due to the presence of less players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Wound drain Catheter market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medela AG (Switzerland), Pacific Hospital Supply Co. (China), Argon Medical (United States), Redax S.p.A (Italy), Abbott Laboratories (United States), Becton Dickinson And Company (United States), Boston Corporation (United States), B.Braun (Germany), C.R Bard (United States), Cardinal Health (United States), Ethicon Inc. (United States), ConvaTech Group Plc. (United States) and Romsons Group (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Medline Industries (United States), Medtronic (Ireland), Redax (Italy) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Wound drain Catheter market by Type (Jackson Pratt Drain, Hemovac Drain, Redivac Drain, Pigtail Drain, Penrose Drain, Bellovac Drain and Others), Application (General Surgery, Orthopaedic Surgery, Thoracic & Cardiovascular Surgery, Neurosurgery, Urinary Catheters, Thyroid Surgery, Pancreatic Surgery, Chest Surgery and Others) and Region.
On the basis of geography, the market of Wound drain Catheter has been segmented into 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). If we see Market by Method, the sub-segment i.e. Open Drain will boost the Wound drain Catheter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of advanced materials and technologies to improve catheter design and functionality. and Minimally invasive wound drain catheter for reduced patient discomfort.
Market Growth Drivers:
Widely adopted in various surgical procedure as a standard postoperative care measures., Growing demand for antimicrobial catheters. and Contribute to improved tissue healing by maintaining a controlled fluid environment.
Challenges:
Stringent regulatory requirement and standards for medical devices.
Restraints:
Improper handling may risk of infection.
Opportunities:
Increasing adoption of wound drain catheter in emerging market.
Market Leaders and their expansionary development strategies
In November 2023, Medela announced Transition of Wound Care Business, creating a new company dedicated to wound therapy solution. Medela dedicated to ensuring a seamless transition for customers to the new wound care company.
In August 2023, Medela launched new Invia Integrated dressing for wounds. The new dressing designed to work with Medela NPWT Liberty and motion pumps. The technology also aids in adjusting to changing fluid levels, drawing fluid from the wound into a canister and supporting the body’s natural healing and tissue regeneration processes.
Key Target Audience
Surgical Drain Manufacturer, Surgical Drain Distributors, Investor, Research and Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.