Digital Thoracic Drainage Devices Market is expected to reach US$ 232.29 million by 2030

Publisher: The Insight Partners

Thoracic and Pulmonary Surgery Segment, by Application to Dominate Digital Thoracic Drainage Devices Market During 2022–2030 

According to our new research study on “Digital Thoracic Drainage Devices Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Product Type, Application, and End User,” the digital thoracic drainage devices market size is expected to reach US$ 232.29 million by 2030 from US$ 155.34 million in 2022; the market is estimated to record a CAGR of 5.2% from 2022 to 2030. The report highlights the trends prevalent in the global digital thoracic drainage devices market, along with drivers and deterrents affecting its growth.

Based on application, the digital thoracic drainage devices market is segmented into thoracic and pulmonary surgery, infectious diseases, oncology and trauma, cardiac surgery, and others. The thoracic and pulmonary surgery segment held the largest market share in 2022 and is anticipated to register the highest CAGR during the forecast period. The growing number of thoracic surgeries and pulmonary—including coronary artery bypass grafting, heart and lung transplants, and cancerous lung tissue excision—has propelled the adoption of thoracic drainage devices. According to the study titled "A brief overview of thoracic surgery in the United States," published in January 2022, ~530,000 general thoracic surgeries are performed annually in the US by nearly 4,000 cardiothoracic surgeons. Digital thoracic drainage devices aid in treating pleural effusions and empyema problems. As per the data published by the Asthma and Allergy Foundation of America in April 2022, 1 in 13 Americans suffer from asthma, i.e., ~26 million people in total. As a result, the demand for thoracic drainage devices is anticipated to rise during the forecast period. Thus, the above factors drive the digital thoracic drainage devices market growth for the thoracic and pulmonary surgery segment.

Digital Thoracic Drainage Devices Market, by Region, 2022 (%)

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Source: The Insight Partners Analysis

Impact of COVID-19 Pandemic on Digital Thoracic Drainage Devices Market.

Before the onset of the COVID-19 pandemic, there was a steady increase in the demand for digital thoracic drainage devices in the global healthcare market. These devices are used in hospitals and healthcare facilities for the management of pneumothorax, pleural effusion, and other thoracic conditions. With technological advancements, digital thoracic drainage devices have become more sophisticated, conferring features such as automated monitoring, real-time data analysis, and improved patient comfort. The COVID-19 pandemic adversely affected the growth of the digital thoracic drainage devices market to some extent, as the lockdown restrictions affected the manufacturing of these devices. However, their demand continues to increase during the pandemic. These devices have been considered to eliminate particles generated through a possible source of aerosol, contributing to safety concerns for patients and healthcare professionals. Digital thoracic drainage and monitoring systems have also been proven to help successfully filter (at 500 nm) bacterial strains that may contribute to hospital-associated infections caused by bacteria such as Staphylococcus aureus and Serratia marcescens. These devices facilitate early mobilization and recovery, and minimize the risk of aerosolized generated particles preventing the spread of SARS-CoV-2. Thus, post-COVID-19 pandemic, the digital thoracic drainage devices market has continued to grab lucrative growth opportunities.

Medela AG; Getinge AB; ATMOS MedizinTechnik GmbH & Co KG; Centese Inc; Teleflex Inc; Redax SpA; Rocket Medical Plc; Pacific Hospital Supply Co Ltd; Cardinal Health Inc, and Digicare Biomedical Technology Inc. are a few of the key companies operating in the digital thoracic drainage devices market. These companies adopt product innovation strategies to meet evolving customer demands, which allows them to maintain their brand name.

The report segments the digital thoracic drainage devices market as follows: 

Based on product type, the digital thoracic drainage devices market is bifurcated into single chamber and multiple chambers. The single chamber segment held a larger share of the digital thoracic drainage devices market in 2022. Further, the multiple chambers segment is anticipated to register a higher CAGR during the forecast period. By end user, the digital thoracic drainage devices market is categorized into hospitals, ambulatory surgical centers, and others. The hospitals segment accounted for the largest digital thoracic drainage devices market share in 2022, and it is anticipated to register the highest CAGR during the forecast period. In terms of geography, the digital thoracic drainage devices market is segmented into North America (US, Canada, and Mexico), Europe (France, Germany, UK, Spain, Italy, and Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and Rest of APAC), the Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

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