Global Thoracic Drainage Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Thoracic Drainage System, Trocar Drain, Unsecured Needle, Secured Needle, Pleural Drainage Catheter, and Thoracic Drainage Kit.

By Application;

Thoracic Surgery & Pulmonology, Cardiac Surgery, General Intensive Care & Emergency Medicine, Infectious Disease, Oncology & Pain Management and Military/Damage Control/Disaster Medicine.

By End Users;

Ambulance Services, Hospitals & Specialty Clinics, Urgent Care or Outpatient Care, Ambulatory Surgery Centers, and Military Surgeons.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn231928854 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Thoracic Drainage Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Thoracic Drainage Devices Market was valued at USD 6,323.91 million. The size of this market is expected to increase to USD 8,519.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global thyroid gland disorders therapeutics market encompasses a wide array of pharmaceutical interventions aimed at managing various conditions affecting the thyroid gland. The thyroid gland plays a crucial role in regulating metabolism, energy levels, and overall bodily functions, making disorders within this gland significant health concerns worldwide. These disorders range from hyperthyroidism, where the gland produces excessive hormones, to hypothyroidism, characterized by insufficient hormone production. Additionally, autoimmune conditions such as Hashimoto's thyroiditis and Graves' disease contribute to the complexity of thyroid disorders, necessitating diverse therapeutic approaches.

Over recent years, advancements in understanding thyroid physiology and pathology have spurred the development of innovative therapeutic strategies. Pharmaceutical companies have been actively engaged in researching and introducing novel drugs and treatment modalities to address the diverse needs of patients with thyroid disorders. These advancements include the development of targeted therapies that aim to normalize hormone levels, as well as the introduction of more precise diagnostic tools for early detection and personalized treatment approaches. Furthermore, the growing prevalence of thyroid disorders, attributed to factors such as aging populations and lifestyle changes, underscores the increasing demand for effective therapeutics in this market.

Market dynamics such as technological advancements, regulatory landscapes, and evolving healthcare infrastructure significantly influence the global thyroid gland disorders therapeutics market. Additionally, factors like increasing awareness about thyroid disorders, rising healthcare expenditure, and improving access to medical services in emerging economies contribute to the market's growth trajectory. However, challenges such as the high cost of advanced therapies, concerns regarding side effects, and variations in healthcare policies across different regions can pose obstacles to market expansion. Nevertheless, ongoing research endeavors and collaborations within the pharmaceutical industry hold promise for further advancements in thyroid disorder therapeutics, offering hope for improved outcomes and quality of life for patients worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Thoracic Drainage Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Rising Incidence of Thoracic Diseases
        3. Increasing Demand for Minimally Invasive Procedures
        4. Growing Healthcare Expenditure
      2. Restraints
        1. Stringent Regulatory Requirements
        2. Limited Reimbursement Policies
        3. High Cost of Advanced Devices
        4. Lack of Skilled Healthcare Professionals
      3. Opportunities
        1. Innovation
        2. Emerging Markets
        3. Education
        4. Collaboration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Thoracic Drainage Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Thoracic Drainage System
      2. Trocar Drain
      3. Unsecured Needle
      4. Secured Needle
      5. Pleural Drainage Catheter
      6. Thoracic Drainage Kit
    2. Global Thoracic Drainage Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Thoracic Surgery & Pulmonology
      2. Cardiac Surgery
      3. General Intensive Care & Emergency Medicine
      4. Infectious Disease
      5. Oncology & Pain Management
      6. Military/Damage Control/Disaster Medicine
    3. Global Thoracic Drainage Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Ambulance Services
      2. Hospitals & Specialty Clinics
      3. Urgent Care or Outpatient Care
      4. Ambulatory Surgery Centers
      5. Military Surgeons
    4. Global Thoracic Drainage Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Teleflex Incorporated
      2. Vygon S.A.
      3. Medtronic plc.
      4. Cook Medical
      5. C. R. Bard, Inc. (Becton, Dickinson and Company)
      6. MAQUET Holding B.V. & Co. KG (Getinge Group)
      7. Utah Medical Products, Inc.
      8. Smiths Medical
      9. ATMOS MedizinTechnik GmbH & Co. KG
      10. Medela
  7. Analyst Views
  8. Future Outlook of the Market