GVR Report cover Drainage Bottles Market Size, Share & Trends Report

Drainage Bottles Market Size, Share & Trends Analysis Report By Application (Accel Evacuated, Urostomy/Urinary), By End Use (Hospitals & Clinics, Homecare, Nursing Facilities), By Region, And Segment Forecasts, 2021 - 2028

  • Report ID: GVR-4-68039-672-8
  • Number of Pages: 110
  • Format: Electronic (PDF)
  • Historical Range: 2016 - 2019
  • Industry: Healthcare

Report Overview

The global drainage bottles market size was valued at USD 434.6 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2021 to 2028. The increasing number of accidents and rising prevalence of diseases such as uremia and cardiovascular diseases are expected to positively impact market growth during the forecast period. The rapid increase in the number of accidents is expected to boost the demand for drainage bottles globally. The growing prevalence of chronic diseases, such as diabetes, cancer, and Deep Vein Thrombosis (DVT), increases the probability of developing chronic wounds, which is expected to drive the market for drainage bottles. The prevalence of DVT is increasing, which is a condition that can increase the chances of patients developing venous ulcers.

China drainage bottles market size, by application, 2018 - 2028 (USD Million)

As per the CDC, around 900,000 people may be affected by DVT in the U.S. each year. Out of these, around 20% to 50% may develop Post-thrombotic Syndrome (PTS) and 5% to 10% may develop venous ulcers. Similarly, the growing prevalence of pressure ulcers, also known as bed sores or pressure sores, is expected to further contribute to market growth. As per the European Pressure Ulcer Advisory Panel, around 10% of hospital patients and 5% of community nursing patients may suffer from pressure ulcers at some point in time. In addition, people aged 65 years and above have a high probability of developing pressure ulcers. Around 72% of people aged 65 years and above suffer from pressure ulcers. Therefore, the growing prevalence of chronic ulcers is expected to propel market growth.

The growing number of accidents, such as road accidents, slips/trips, bruises, burns, and injuries, are expected to drive the market for drainage bottles. As per Population Reference Bureau, around 50 million people are injured due to road accidents every year. These patients require medical assistance in the form of various wound dressings which also involve drainage of the body fluids. Similarly, according to Health and Safety Middle East (HSME), thousands of people get injured due to trips, slips, and falls every year in workplaces. Growing cases of burn injuries are also expected to contribute to market growth. As per CDC, in the U.S. every year, 1.1 million burn injuries require medical attention.

China dominated the market for drainage bottles in Asia Pacific with the largest revenue share in 2020. According to various studies conducted in China, around 100 million patients require wound care every year and around 30 million out of these are skin wounds. The number of wound care centers in China has increased from 16 in 2010 to 357 in 2019. Furthermore, in December 2019, the National Health Commission of China released a notice for promoting the management of diagnosis and treatment of chronic skin wounds. This system includes setting up wound treatment specialty departments and training of specialized doctors & nurses. In China, more than 95% of the residents have social health insurance, which covers access to all primary healthcare institutions and public hospitals, including some private hospitals. Thus, the increasing prevalence of chronic wounds, government initiatives, and improvements in healthcare facilities are expected to drive the market in China.

The market for drainage bottles in China is expected to witness considerable growth over the forecast period owing to the rising geriatric population. For instance, according to the 2020 census estimates, there are about 264 million (18.7%) people in China in the age group of 60 and over. The elderly population is forecast to surge up to 300 million by 2025 and over 400 million by 2033. Older people are more susceptible to developing chronic wounds, as they are constituted to a maximum population suffering from chronic illnesses. Moreover, according to various studies conducted in China, around 100 million patients require wound care every year, and around 30 million out of these are skin wounds. The number of wound care centers in China has increased from 16 in 2010 to 357 in 2019. Furthermore, in December 2019, the National Health Commission of China released a notice for promoting the management of diagnosis and treatment of chronic skin wounds. This system includes setting up wound treatment specialty departments and training of specialized doctors & nurses. Such developments will add to market growth. In China, more than 95% of the residents have social health insurance, which covers access to all primary healthcare institutions and public hospitals, including some private hospitals. Thus, the increasing prevalence of chronic wounds, government initiatives, and improvements in healthcare facilities are expected to drive the market in China.

Application Insights

The chest drainage segment dominated the market for drainage bottles and accounted for the largest revenue share of 26.0% in 2020. The factors driving the growth of the segment are the increasing incidence of cardiovascular diseases and a surge in the number of thoracic surgeries. For instance, according to WHO, around 17.9 million people died in 2019 due to cardiovascular diseases. Furthermore, around 18.2 million adults aged 20 years and above have coronary artery disease.

Whereas the accel evacuated segment is expected to witness a CAGR of 6.6% from 2021 to 2028. The launch of products by prominent market players and the increasing prevalence of burn injuries are a few factors driving the market for drainage bottles. For instance, as per the WHO, approximately 180,000 people die every year due to burn injuries. Furthermore, as per the American Burn Association, each year approximately 450,000 serious burn injuries occur in the U.S.

End-use Insights

The hospitals and clinics segment dominated the market for drainage bottles and accounted for the largest revenue share of 63.0% in 2020, owing to the specialized and customized treatment of the patients. Furthermore, the better outcome of results is also increasing the demand for hospitals. In addition, hospitals and clinics ensure that the patient receives personalized treatment with an improved patient experience since they do not have the challenge of budget and limited skilled staff as compared with the other end-use settings.

Global drainage bottles market share, by end use, 2020 (%)

The home care segment is expected to witness a CAGR of 6.5% in the market for drainage bottles from 2021 to 2028. Increasing healthcare costs is one of the major concerns for the governments and health organizations and they are striving to reduce the healthcare costs. Homecare is one of the cost-efficient alternatives to expensive hospital stays. For instance, according to a report by The Commonwealth Fund, “hospital at home” programs enable patients to receive acute care at home with fewer complications and around a 30.0% reduction in the cost of care. This ensures comfort to the patients and also serves as one of the major drivers of the market.

Regional Insights

Asia Pacific dominated the drainage bottles market and accounted for the largest revenue share of 30.1% in 2020. An increase in the number of hospitals, nursing homes, increasing government expenditure on healthcare, and a rising number of accidents are a few factors driving the market for drainage bottles. For instance, according to the study by the Ministry of Road Transport and Highways Transport Research Wing, in 2019, around 4,49,002 road accidents were reported in India. Furthermore, the increasing prevalence of cardiovascular diseases is also driving the market in the region. For instance, as per the study published in the Journal of the American College of Cardiology, in 2019, 58% of the total worldwide deaths due to cardiovascular diseases were in Asia.

The Middle East and Africa region is expected to witness a CAGR of 6.6% in the market for drainage bottles from 2021 to 2028. Factors such as the rising incidence of sports-related injuries, initiatives to attract healthcare providers, and increasing healthcare expenditure are contributing to the increasing demand for drainage bottles in the region. Furthermore, the increasing prevalence of chronic diseases such as diabetes, which leads to chronic wounds in countries such as Saudi Arabia, is driving the market. For instance, as per the WHO, Saudi Arabia ranked 2nd in the Middle East and 7th in the world for the rate of diabetes. In addition, approximately 7 million people are diabetic and approximately 3 million people have been identified as pre-diabetic in Saudi Arabia.

Key Companies & Market Share Insights

Key players are focused on research and development activities to develop technologically advanced products to gain a competitive edge. Some of the prominent players in the drainage bottles market include:

  • PAHSCO

  • PFM Medical, Inc.

  • Lily Medical Corporation

  • Hospitech

  • MEDINORM Medizintechnik GmbH

  • Jigsaw Medical, LLC

  • B. Braun Medical Inc.

  • Sterimed Group

  • Rocket Medical plc

Drainage Bottles Market Report Scope

Report Attribute

Details

Market size value in 2021

USD 467.2 million

Revenue forecast in 2028

USD 704.3 million

Growth Rate

CAGR of 6.0% from 2021 to 2028

Base year for estimation

2020

Historical data

2016 - 2019

Forecast period

2021 - 2028

Quantitative units

Revenue in USD million and CAGR from 2021 to 2028

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Application, end-use, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Japan; China; India; Australia; South Korea; Brazil; Mexico; Colombia; Argentina; South Africa; Saudi Arabia; UAE

Key companies profiled

PAHSCO; PFM Medical, Inc.; Lily Medical Corporation; Hospitech; MEDINORM Medizintechnik GmbH; Jigsaw Medical, LLC; B. Braun Medical Inc.; Sterimed Group; Rocket Medical plc

Customization scope

Free report customization (equivalent up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the global drainage bottles market report on the basis of application, end-use, and region:

  • Application Outlook (Revenue, USD Million, 2016 - 2028)

    • Chest Drainage

    • Accel evacuated

    • Peritoneal Drainage

    • Urostomy/urinary

    • Wound drainage

    • Others

  • End-use Outlook (Revenue, USD million, 2016 - 2028)

    • Hospitals & clinics

    • Homecare

    • Nursing facilities

    • Others

  • Regional Outlook (Revenue, USD Million, 2016 - 2028)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East and Africa (MEA)

      • South Africa

      • Saudi Arabia

      • UAE

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