The surgical drains market is expected to reach USD 2.18 billion by 2022 from USD 1.82 billion in 2017, at a CAGR of 3.7%

Monday, October 30, 2017 Hospital News
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NEW YORK, Oct. 30, 2017 /PRNewswire/ -- "The global surgical drains market projected to grow at a CAGR of 3.7%."The

surgical drains market is expected to reach USD 2.18 billion by 2022 from USD 1.82 billion in 2017, at a CAGR of 3.7%. The increasing numbers of surgical procedures and emerging economies are
driving the growth of the surgical drains market. On the other hand, the risks associated with the use of surgical drains may limit market growth to a certain extent in the coming years.Read the full report: https://www.reportlinker.com/p05166298"Surgical drainage systems are expected to grow at the highest CAGR during the forecast period."By product, the surgical drains market is segmented into accessories and surgical drainage systems. The surgical drainage systems segment is projected to register the highest CAGR during the forecast period. The high growth in this segment is attributed to the growing volume of high-risk surgical procedures and the benefits associated with surgical drainage systems, such as accurate measurement of drainage, lowering bacterial levels, and effective in closing wound edges."Passive drains are expected to hold the largest share of the market in 2017."Based on type, the surgical drains market is segmented into passive drains and active drains. The passive drains segment is expected to dominate this market during the forecast period. Passive drains are easy to use and do not require special attention as compared to active drains. The ability to generate pathways for evacuation of viscous or bulky materials and reduced risk of mechanical erosion and pressure necrosis are the other factors expected to drive market growth."The general surgery segment is expected to dominate the market during the forecast period."Based on the application, the surgical drains market is segmented into general surgery, cardiac and thoracic surgery, orthopedic surgery, obstetrics/gynecology surgery, and other surgeries. The general surgery segment is expected to dominate the market during the forecast period. The increasing number of general surgeries performed is a crucial factor driving market growth in this segment."Asia to witness high growth during the forecast period."In 2017, North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high demand for advanced wound care and surgical care products in several Asian countries, rising geriatric population, increasing number of surgical procedures, rising prevalence of chronic as well as diabetic wounds, and focus of major players on enhancing their presence in this region are some of the key factors driving the growth of the surgical drains market in Asia.The primary interviews conducted for this report can be categorized as follows: By Company Type: Tier 1 30%; Tier 2 - 42%; Tier 3 - 28%. By Designation: C-level- 25%; D-level- 45%; Others- 30%. By Region: North America-35%; Europe-29%; Asia-22%; South America -8%; Middle East & Africa- 6%List of companies profiled in the report B. Braun (Germany) Cardinal Health (US) ConvaTec (UK) C.R. Bard (US) Redax (Italy) Ethicon (US) Stryker (US) Romsons (India) Medtronic (Ireland) Medline Industries (US) Cook Medical (US) Poly Medicure (India) Zimmer Biomet (Indiana) Global Medikit (India) Degania Silicone (Israel)Research Coverage:The report provides an overview of the surgical drains market. It aims at estimating the market size and future growth potential of this market across different segments such as product, type, application, end user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.Key Benefits of Buying the Report:The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall surgical drains market and its subsegments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies. The report also will also help stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.Read the full report: https://www.reportlinker.com/p05166298 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. https://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001

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