Global Drainage Bottle Market Analysis By Application (Chest Drainage, Wound drainage, Peritoneal Drainage, Urostomy/urinary, Other Applications), By End-Use (Hospitals & Clinics, Nursing Facilities, Homecare, Other End-Uses), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033
- Published date: Feb 2024
- Report ID: 39721
- Number of Pages: 398
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Report Overview
The Global Drainage Bottle Market size is expected to be worth around USD 980 Million by 2033, from USD 537 Million in 2023, growing at a CAGR of 6.2% during the forecast period from 2024 to 2033.
Global demand for drainage bottles will rise due to the rapid increase in accidents. Market demand for drainage bottles will rise due to the rising prevalence of chronic diseases such as cancer, diabetes, and Deep Vein Thrombosis. DVT is on the rise, which can lead to more patients getting venous ulcers.
The market for drainage bottles will grow due to the increasing number of accidents such as slips/trips and road accidents. According to the Population Reference Bureau, approximately 50 million people are hurt each year by road accidents. These patients need medical attention in the form of wound dressings that also drain the body fluids.
According to Health and Safety Middle East, thousands are injured every year by slips, trips, and falls at work. Market growth will also be affected by an increase in burn injuries. According to the CDC, every year in the United States, 1.1 million burns injuries require medical attention.
China was the dominant market for drainage bottles in the Asia Pacific, with the highest revenue share in 2020. A variety of studies in China have shown that around 100 million people require wound care each year. Around 30 million of these are skin wounds. Due to rising geriatric populations, China’s market for drainage bottles is expected to experience significant growth in the coming years.
According to 2020 census estimates, China has approximately 264 million people aged 60 or more. It is expected that the elderly population will increase to 300 million in 2025, and to 400 million in 2033. As the population ages, older people are more likely to develop chronic wounds. According to studies in China, wound care is required by around 100 million people every year.
Around 30 million of these are skin injuries. China now has 357 wound care centers, up from 16 in 2010. In December 2019, the National Health Commission of China issued a notice to promote the management of chronic skin injuries. This system also includes the establishment of wound treatment specialty departments as well as the training of specialized nurses and doctors. These developments will increase the market growth.
China has more than 95% of residents with social insurance. This covers all primary healthcare institutions, public hospitals, and private hospitals. The market is expected to grow due to the rising prevalence of chronic wounds and government initiatives.
Key Takeaways
- Market Growth: Expected to reach USD 980 million by 2033, with a 6.2% CAGR from 2024.
- Leading Application: Chest drainage segment dominates and holds 31% market share, influenced by cardiovascular diseases and thoracic surgeries.
- End-Use Dynamics: Hospitals & clinics lead with 42% revenue share, while homecare segment expects 6.1% CAGR.
- Restraints: Adoption of advanced wound care products challenges traditional drainage bottles due to clinical benefits.
- Emerging Opportunities: Rising healthcare expenditure in China, India, and Brazil presents significant growth prospects.
- Trend: Increasing focus on minimally invasive surgeries demands innovative drainage bottle solutions.
- Regional Dominance: Asia Pacific holds over 32% market share, with China’s geriatric population driving growth.
Application Analysis
In 2023, the chest drainage market dominated the market and was responsible for 31% of the total revenue. The increasing prevalence of cardiovascular diseases and an increase in thoracic surgery are two factors that have driven the growth of this segment. According to WHO, 17.9 million people died from cardiovascular disease in 2019. Around 18.2 million people aged 20 and older have coronary artery disease. The accel evacuated market is expected to grow at 6.1% between 2024 and 2033.
Market forces driving drainage bottles include the launch of new products by market leaders and an increase in burn injuries. According to the WHO, burn injuries cause approximately 180,000 deaths annually. According to the American Burn Association (ABA), approximately 450,000 burn injuries are reported annually in the U.S.
End-Use Analysis
In 2023, Hospitals and clinics dominated the market for drainage bottles and had the highest revenue share at 42%. This is due to their specialized and personalized treatment of patients. Hospitals are also more in demand because of the improved outcomes. Hospitals and clinics offer personalized care and a better patient experience, as they don’t have to deal with the limitations of staffing and budget.
From 2024 to 2033 , the home care market is expected to see a 6.1% CAGR in drainage bottles. The rising healthcare costs are a major concern for governments and health organizations. They are working to lower healthcare costs. Homecare can be a cost-effective alternative to costly hospital stays.
According to The Commonwealth Fund, “hospital-at-home” programs allow patients to receive care at home without the need for hospitalization. This is possible with fewer complications and a 30% reduction in care costs. This provides comfort for patients and is a major driver of the market.
Key Market Segments
Application
- Chest Drainage
- Wound drainage
- Peritoneal Drainage
- Urostomy/urinary
- Other Applications
End-Use
- Hospitals & Clinics
- Nursing Facilities
- Homecare
- Other End-Uses
Drivers
Increasing Surgical Procedures Worldwide
The escalation in surgical procedures worldwide serves as a primary driver for the Global Drainage Bottle Market, underpinned by an increase in chronic disease prevalence, advancements in medical technologies, and an aging global population.
According to the World Health Organization, the volume of surgeries performed globally has seen a significant rise, with an estimated 234 million operations conducted annually. This surge is particularly notable in areas such as oncology, cardiology, and orthopedics, where post-operative management often necessitates the use of drainage bottles to efficiently manage bodily fluids.
The demand for drainage bottles is thus directly linked to the volume of surgical interventions, with the increasing number of procedures acting as a catalyst for market growth. As medical technology advances and the global demographic continues to age, the need for surgical interventions and by extension, drainage bottles is expected to rise further, underscoring the pivotal role of increasing surgical procedures in driving market expansion.
Restraints
Adoption of Advanced Wound Care Products
The adoption of advanced wound care products represents a significant restraint for the Global Drainage Bottle Market. Advanced wound care products, like superabsorbent dressings and negative pressure wound therapy (NPWT) systems, are increasingly preferred by healthcare professionals over traditional drainage bottles.
These innovative solutions offer superior management of wound exudates and enhance the healing process, which, in turn, reduces the risk of infections and improves patient comfort. For instance, a study by the American Journal of Clinical Dermatology highlighted that NPWT systems can decrease healing time by up to 28% compared to conventional methods.
The shift towards these advanced wound care products is driven by their clinical benefits, impacting the demand for drainage bottles negatively. As healthcare providers continue to adopt these advanced products, the market for traditional drainage bottles faces challenges, with projections suggesting a potential reduction in market share if current trends persist.
Opportunities
Rising Healthcare Expenditure in Emerging Economies
The opportunity presented by rising healthcare expenditure in emerging economies for the expansion of the Global Drainage Bottle Market is significant. Countries such as China, India, and Brazil are experiencing substantial increases in healthcare spending, driven by factors such as economic growth, infrastructure development, and greater awareness of advanced medical treatments.
For instance, according to the World Health Organization (WHO), healthcare expenditure in China has been steadily increasing, with an average annual growth rate of over 10% in recent years. Similarly, India’s healthcare spending is projected to grow at a compound annual growth rate (CAGR) of 12% between 2021 and 2026, as reported by industry analysts.
This surge in healthcare investment translates into greater demand for medical devices, including drainage bottles, as these countries modernize their healthcare systems to meet the evolving needs of their populations. As a result, manufacturers and suppliers of drainage bottles stand to benefit from the expanding market opportunities in these emerging economies.
Trends
Focus on Minimally Invasive Surgeries
A prominent trend impacting the Drainage Bottle Market is the heightened emphasis on Minimally Invasive Surgeries (MIS) within the healthcare sector. MIS procedures are increasingly preferred due to their associated benefits, including shorter hospital stays, reduced risk of infections, and faster recovery times compared to traditional open surgeries.
This shift in surgical approach prompts manufacturers to adapt their drainage bottle designs to align with MIS techniques. Consequently, there’s a growing demand for innovative drainage bottle solutions that cater to the specific needs of MIS procedures, such as smaller incisions and compatibility with specialized surgical instruments.
According to data from the American Association of Minimally Invasive Surgery (AAMIS), MIS procedures have seen a steady rise, with a 10% increase in adoption rates over the past five years alone. This trend underscores the imperative for drainage bottle manufacturers to prioritize innovation and product differentiation to meet evolving surgical requirements and capitalize on market opportunities.
Regional Analysis
In 2023, Asia Pacific held a dominant market position, capturing more than a 32% share and holds USD 171.8 Million market value for the year. The market for drainage bottles is driven by a growing number of hospitals and nursing homes, rising government healthcare expenditures, and an increase in accidents.
According to the Ministry of Road Transport and Highways Transport Research Wing in India, there were 4,49,002 reported road accidents in 2019. The market is being driven by the rising prevalence of the cardiovascular disease. According to a study published in the Journal of the American College of Cardiology in 2019, Asia accounted for 58% of all deaths from cardiovascular disease worldwide.
From 2023 to 2032, the Middle East and Africa will see a 6.4% CAGR in the drainage bottle market. The region’s growing demand for drainage bottles is due to factors such as an increase in sports-related injuries, efforts to attract healthcare providers, rising healthcare spending, and the rising incidence of sports injuries. The market is also being driven by the rising prevalence of chronic diseases like diabetes in countries like Saudi Arabia. This leads to chronic wounds.
According to the WHO, Saudi Arabia was ranked second in the Middle East for diabetes incidence and seventh in the world. Saudi Arabia has approximately 7 million diabetics and 3 million pre-diabetic people.
Key Regions
- North America
- The US
- Canada
- Mexico
- Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
Some of the major players in the global market include PFM Medical, Inc, Jigsaw Medical,Hospitech, Lily Medical Corporation, B. Braun Melsungen AG, Medinorm, PAHSCO, Rocket Medical Plc, Sterimed Group, and Medizintechnik Gmbh.
Many industry vendors are introducing new products to the global market to increase their geographic footprints. PAHSCO, for instance, offers a variety of reusable collection containers that can be used to collect fluid from the patient’s body. Additionally, the company offers single-use collection bottles.
Market Key Players
- B. Braun Medical Inc.
- Lily Medical Corporation
- Rocket Medical plc
- Jigsaw Medical LLC
- PFM Medical Inc.
- Hospitech
- Rocket Medical plc
- Sterimed Group
- PAHSCO
- MEDINORM Medizintechnik GmbH
- Other Key Players
Recent Developments
- In November 2023, Lily Medical Corporation achieved a significant milestone by securing FDA 510(k) clearance for its innovative line of single-use, disposable drainage bottles. These bottles are distinctively designed with an integrated system for measuring volume, enhancing the precision and efficiency of medical fluid management.
- In October 2023, B. Braun Medical Inc. embarked on a strategic collaboration with a leading medical technology startup. This partnership aims to develop and bring to market a cutting-edge smart drainage bottle equipped with real-time monitoring capabilities, signifying a leap forward in patient care and healthcare technology integration.
- In September 2023, PFM Medical Inc., bolster its market presence through the strategic acquisition of a regional medical supply company specializing in drainage solutions. This move is part of PFM Medical’s broader strategy to expand its distribution network and reinforce its position as a key player in the medical supplies sector.
- In August 2023, Jigsaw Medical LLC, introduced an innovative online platform designed to revolutionize the way healthcare professionals access and customize drainage bottles. This platform allows for direct purchasing and customization based on specific patient needs, offering a more tailored and efficient approach to patient care.
Report Scope
Report Features Description Market Value (2023) USD 537 Million Forecast Revenue (2033) USD 980 Million CAGR (2024-2033) 6.2% Base Year for Estimation 2023 Historic Period 2018-2022 Forecast Period 2024-2033 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Application (Chest Drainage, Wound drainage, Peritoneal Drainage, Urostomy/urinary, Other Applications), By End-Use (Hospitals & Clinics, Nursing Facilities, Homecare, Other End-Uses) Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape B. Braun Medical Inc., Lily Medical Corporation, Rocket Medical plc, Jigsaw Medical LLC, PFM Medical Inc., Hospitech, Rocket Medical plc, Sterimed Group, PAHSCO, MEDINORM Medizintechnik GmbH, Other Key Players Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) Frequently Asked Questions (FAQ)
What is the size of the Drainage Bottle market in 2023?The Drainage Bottle market size is USD 537 million in 2023.
What is the projected CAGR at which the Drainage Bottle market is expected to grow at?The Drainage Bottle market is expected to grow at a CAGR of 6.2% (2024-2033).
List the segments encompassed in this report on the Drainage Bottle market?Market.US has segmented the Drainage Bottle market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Application the market has been segmented into Chest Drainage, Wound drainage, Peritoneal Drainage, Urostomy/urinary, Other Applications. By End-Use the market has been segmented into Hospitals & Clinics, Nursing Facilities, Homecare, Other End-Uses.
List the key industry players of the Drainage Bottle market?B. Braun Medical Inc., Lily Medical Corporation, Rocket Medical plc, Jigsaw Medical LLC, PFM Medical Inc., Hospitech, Rocket Medical plc, Sterimed Group, PAHSCO, MEDINORM Medizintechnik GmbH, Other Key Players
Which region is more appealing for vendors employed in the Drainage Bottle market?Asia Pacific is expected to account for the highest revenue share of 32% and boasting an impressive market value of USD 171.8 million. Therefore, the Drainage Bottle industry in North America is expected to garner significant business opportunities over the forecast period.
Name the key areas of business for Drainage Bottle?The US, Canada, India, China, UK, Japan, & Germany are key areas of operation for the Drainage Bottle Market.
- B. Braun Medical Inc.
- Lily Medical Corporation
- Rocket Medical plc
- Jigsaw Medical LLC
- PFM Medical Inc.
- Hospitech
- Rocket Medical plc
- Sterimed Group
- PAHSCO
- MEDINORM Medizintechnik GmbH
- Other Key Players
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