This report provides exclusive insights into the COVID-19 impact on the Thoracic Drainage Devices Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Thoracic Drainage Devices Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Thoracic Drainage Devices Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on thoracic
drainage devices market provides an in-depth analysis of segments and sub-segments
in the global as well as regional thoracic drainage devices market. The study
also highlights the impact of drivers, restraints, and macro indicators on the
global and regional thoracic drainage devices market over the short term as
well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global thoracic drainage devices market.
According to the report, the global thoracic drainage devices market is
projected to grow at a CAGR of 6.1% over the forecast period of 2019-2025.
The major players operating in the global thoracic drainage
devices market are adopting strategies such as mergers, acquisitions, and new
product launches contributing to an increase in market share. Thoracic drainage
devices are designed to remove air, liquids, and some solids from pleural
space. Thoracic drainage devices are also called as a chest drain, chest tube,
The rising prevalence of cardiovascular diseases drives the growth
of the thoracic drainage devices market. Thoracic drainage devices are utilized
in the treatment of pneumothorax pleural effusions, and empyema disorders. The
growing number of thoracic surgeries, cardiovascular surgeries, and
cardiothoracic surgeries stimulate the growth of the thoracic drainage devices
market. The increasing preference for minimally invasive surgeries contributes
to the growth of the thoracic drainage devices market. The surge in the burden
of spontaneous pneumothorax fuels the growth of the thoracic drainage devices
market. On the other side, factors such as scarcity of physicians and
challenges in maintaining chest tube patency hinder the growth of the thoracic
drainage devices market. Moreover, advancement in technology creates new
opportunities for the growth of the thoracic drainage devices market.
On the basis of geography, the global thoracic drainage devices
market divided into North America, Asia-Pacific, Europe, and the Rest of the
World. North America is expected to hold a premium share in the global thoracic
drainage devices market. North America has a well-established healthcare
industry contributing to the growth of the thoracic drainage devices market.
Europe is anticipated to grow with a healthy CAGR over the forecast period. The
rising number of patients suffering from pneumothorax, hemothorax, and pleural
effusion drives the growth of the thoracic drainage devices market.
Asia-Pacific region is showing growth in the global thoracic drainage devices
market due to the high prevalence of respiratory diseases.
The report on global thoracic drainage devices market covers
segments such as product type, application, and end-user. On the basis of
product type, the sub-markets include pleural damage catheters, secured
needles, thoracic drainage kits, thoracic drainage systems, trocar drains, and
unsecured needles. On the basis of application, the sub-markets include cardiac
surgery, infectious diseases, oncology & pain management, thoracic surgery
& pulmonology, and other applications. On the basis of end-user, the
sub-markets include ambulance services, hospitals & specialty clinics,
military surgeons, and other end-users.
The report provides profiles of the companies in the market such
as MAQUET Holding B.V. & Co. KG, Smiths Medical, Inc., Teleflex
Incorporated, Vygon S.A., Medtronic plc, Cook Medical Incorporated, C. R. Bard,
Inc., Utah Medical Products, Inc., ATMOS MedizinTechnik GmbH & Co. KG,
Sinapi Biomedical, and Other Companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of thoracic
drainage devices market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.