Global Abdominal Drainage Tubes Strategic Research Report 2023 - ResearchAndMarkets.com
06 Dec 2023
DUBLIN--(BUSINESS WIRE)--The "Abdominal Drainage Tubes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
'Abdominal Drainage Tubes - Global Strategic Business Report'
Global Abdominal Drainage Tubes Market to Reach $243.9 Million by 2030
The global market for Abdominal Drainage Tubes estimated at US$180.3 Million in the year 2022, is projected to reach a revised size of US$243.9 Million by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030. Hospitals, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$165 Million by the end of the analysis period. Growth in the Ambulatory Surgery Centers segment is estimated at 3.5% CAGR for the next 8-year period.
The medical equipment and supplies industry faced significant disruptions due to the COVID-19 pandemic, which resulted in the cancellation of elective surgeries and a negative impact on the industry. However, as surgery volumes inch back towards pre-pandemic levels, there has been an increased demand for surgical drainage tubes.
In the competitive landscape of abdominal drainage tubes, key competitors are vying for market share, and their competitive market presence varies from strong to niche or trivial. The global market outlook for abdominal drainage tubes is influenced by factors such as the increased incidence of cancer, which is driving demand for these medical devices. The COVID-19 pandemic had a significant impact on the demand for abdominal drainage tubes, but as healthcare systems recover, the market is expected to stabilize.
The market analysis also considers various applications of abdominal drainage tubes, with hospitals, ambulatory surgery centers, and other healthcare facilities being key consumers.
The U.S. Market is Estimated at $60.2 Million, While China is Forecast to Grow at 6.2% CAGR
Regional dynamics play a crucial role in the abdominal drainage tubes market, with variations in sales between developed and developing regions. Different geographic regions have varying compound annual growth rates (CAGRs) for sales between 2022 and 2030.
The Abdominal Drainage Tubes market in the U.S. is estimated at US$60.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$30.6 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
What`s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
Report Attribute
Details
No. of Pages
300
Forecast Period
2022 - 2030
Estimated Market Value (USD) in 2022
$180.3 Million
Forecasted Market Value (USD) by 2030
$243.9 Million
Compound Annual Growth Rate
3.8%
Regions Covered
Global
MARKET TRENDS & DRIVERS
Improving Surgical Procedure Volumes Presents Opportunities for Market Growth
Global Surgical Procedure Volumes (in Million) by Category: 2019
Growth in the Number of Surgeries in the US (2010-2025) and 2001-2010 (in %)
Increase in Incidences of Ostomy Surgeries Drives Bags and Drainage Tubes Market
Ostomy Prevalence Worldwide (% Share) by Type of Stoma: 2020
Ostomy Prevalence among Young and Elderly Population by Stoma Type: 2020
Ostomy Prevalence Rate by Disease Type: 2020
Gynecological Procedures Continue to Drive Strong Growth
Increasing Number of Cesarean Procedures Performed Propel Demand for Abdominal Drainage Tubes
Caesarean Section Rates (in %) by Region
Disposable Vs Reusable Surgical Tools and Accessories
Leading Nosocomial Infections in the US: Percentage Breakdown of Healthcare Cost by Infection Type
Percutaneous Vs Open Surgical Drainage in Abdominal Abscesses
Long-term Drainage Tubes for Treating Ascites
Shift towards Minimal Invasive Surgeries: Significant Impact on Abdominal Drainage Tubes Market
Number of Surgical Procedures (per 100,000 People) in Select Countries
Rising Incidence of Chronic Diseases Drive Demand for Abdominal Drainage Tubes Market
Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
Number of New Cancer Cases and Deaths (in Million) by Region for 2020
Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
Rising Incidence of Colorectal Cancer, Bladder Cancer, and IBD and Drives the Need for Abdominal Drainage Tubes Market
Colorectal Cancer Incidence: 2020
Colorectal Cancer Prevalence: 2020
Colorectal Cancer Mortality: 2020
Bladder Cancer Incidence: 2020
Bladder Cancer Prevalence: 2020
Bladder Cancer Mortality: 2020
Aging Global Demography and Resultant Rise in Surgeries Drive Need for Abdominal Drainage Tubes
Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
Life Expectancy at Birth in Years of People in Select Countries for 2020E
Bourgeoning Medical Tourism Sector Fuel Demand for Abdominal Drainage Tubes
Global Medical Tourism Market Size (in US$ Billion) for 2020, 2022, 2024 & 2026
Rise in Healthcare Expenditure to Drive Growth of Abdominal Drainage Tubes Market
World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
Increasing Obesity Levels Propels Market Growth
Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025
Severely Obese Population (in Thousands) Worldwide by Country: 2014 & 2025
Popularity of Ambulatory Surgical Centers Surges Demand for Abdominal Drainage Tubes
Shift towards Home-based Therapy to Propel Growth in Abdominal Drainage Tubes Market
Shift towards Home Healthcare Presents Opportunities, Driving Growth in Abdominal Drainage Tubes Market: Global Home Healthcare Market (in US$ Billion) for the Years 2020, 2022, 2024 and 2026
FOCUS ON SELECT PLAYERS (Total 40 Featured)
Becton, Dickinson and Company
J&J Medical Devices Companies
For more information about this report visit https://www.researchandmarkets.com/r/anwru1
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