Drainage Bottles Market Share, Size, Trends, Industry Analysis Report, By Application (Chest Drainage, Accel Evacuated, Peritoneal Drainage, Urostomy/Urinary, Wound Drainage, Others), By End-Use (Hospitals & Clinics, Homecare, Nursing Facilities, Others); By Region; Segment Forecast, 2022 - 2030
- Published Date:Mar-2022
- Pages: 116
- Format: PDF
- Report ID: PM2321
- Base Year: 2021
- Historical Data: 2018 - 2020
Report Outlook
The global drainage bottles market was valued at USD 443.3 million in 2021 and is expected to grow at a CAGR of 6.1% during the forecast period. These bottles are used to collect drained fluid from the patient body. These bottles are used in the treatment of wounds and in surgeries. Thus, the rising incidences of accidents are anticipated to drive the demand for the drainage bottles market globally.
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Furthermore, the growing prevalence of cardiovascular diseases is anticipated to drive the growth of the drainage bottles industry. According to the heart disease & Stroke Statistics by American Heart Association, over 18.6 million people died due to cardiovascular diseases in 2019 globally, an increase of over 17.1% when compared to the previous decade. There were over 523.2 million cases of cardiovascular diseases in 2019, an increase of over 26.6% when compared to 2010. This increasing prevalence of the cardiovascular disease is anticipated to present huge growth opportunities.
The spread of the COVID-19 reflects a positive growth in the global drainage bottles market as the demand for drainage bottles increased on account of the huge number of patients suffering from the virus being admitted to the hospitals. Additionally, the rising prevalence of COVID-19 resulted in the spread of other diseases such as pneumonia. This is anticipated to boost the market demand for drainage bottles during the outbreak.
Furthermore, patients suffering from COVID-19 are at huge risk of developing acute respiratory distress syndrome. However, the global economic slowdown and significant disruptions in the supply chain on account of lockdowns across nations is projected to slightly impede the market development.
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Industry Dynamics
Growth Drivers
These bottles are primarily used in the treatment of uremia, wounds, and surgeries such as thoracic surgery. Thus, the rising rate of diseases such as uremia & cardiovascular disorders is anticipated to drive the global drainage bottles industry growth. Additionally, the increasing prevalence of chronic diseases such as cancer, DVT (Deep Vein Thrombosis), and diabetes increases the chances of getting chronic wounds which are anticipated to present huge growth opportunities for drainage bottles. The rising incidence of DVT is increasing the probability of patients developing venous ulcers.
For instance, according to CDC (Center for Disease Control & Prevention), over 900,000 individuals are affected by DVT in the US every single year. Out of these people, over 20-50% may develop PTS (Post-thrombotic Syndrome), and over 5-10% may develop venous ulcers. Additionally, the growing occurrence of pressure ulcers, commonly known as pressure sores or bedsores, is anticipated to drive the growth of drainage bottles.
According to the European Pressure Ulcer Advisory Panel, over 10% of the hospital patients, along with 5% of the community nursing patients, suffer from pressure ulcers. Additionally, people above the age of 65 have high chances of developing pressure ulcers. Thus, the increasing prevalence of chronic ulcers is estimated to propel the growth of drainage bottles.
Report Segmentation
The market is primarily segmented on the basis of application, end-use, and region.
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By Application |
By End-Use |
By Region |
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Insight by Location
The hospitals & clinics segment is recorded to hold the largest revenue in the global market in 2021 and is expected to lead the market in the forecasting years. The huge share of the segment can be attributed to the customized and specialized treatment of the patients at the hospitals & clinics. The better results offered by these healthcare facilities are influencing the growing market demand for hospitals globally.
The hospitals & clinics ensure that the patient receives specialized treatment along with a better patient experience as they have skilled staff coupled with a better budget when compared to the other end-user segments. The increasing number of accidents including road accidents, slips/trips, burns, and others, are further anticipated to drive the growth of the segment. The homecare segment is projected to witness a progressive growth rate in the forecasting years.
Homecare is one of the most cost-efficient substitutes to hospitals and clinics as they are really expensive. Increasing healthcare costs is one of the growing concerns faced by healthcare organizations globally. For instance, according to The Commonwealth Fund, homecare programs such as “hospital at home” and others enable the patients to get proper care at home with fewer complications and cost reduction of over 30%. The comfort offered to the patient coupled with the cost-effectiveness of the homecare is anticipated to drive the growth of the segment.
Geographic Overview
Asia Pacific accounted for the largest revenue share in 2021. The huge share of the market in the Asia Pacific can be attributed to the increasing number of hospitals and nursing homes across the emerging nations. The rising government expenditure on healthcare coupled with a huge patient pool in the Asia Pacific is anticipated to drive the growth of the market.
Emerging nations such as China, India, and Japan, among others, are significantly contributing to the development of the drainage bottles market. Additionally, the increasing geriatric population is anticipated to offer huge growth opportunities in the Asia Pacific. According to 2020 Census Estimates, there are over 264 million individuals above the age of 60 in China, and this elderly population is estimated to grow up to 400 million by 2033.
Moreover, the Middle East & Africa drainage bottles market is anticipated to exhibit the highest CAGR over the forecasting years. The market growth can be attributed to the increasing cases of sports-related injuries, rising healthcare expenditure, and growing initiatives to attract healthcare providers. Additionally, the increasing prevalence of chronic diseases that lead to chronic wounds is anticipated to boost the demand for drainage bottles across the region. For instance, for the rate of diabetes, Saudi Arabia ranks 7th globally, and 2nd across the Middle East, and over 3 million people are identified as pre-diabetic.
Competitive Insight
Some of the major players operating in the global market include B. Braun Melsungen AG, Hospitech, Jigsaw Medical, Lily Medical Corporation, Medinorm, Medizintechnik Gmbh, PAHSCO, PFM Medical, Inc, Rocket Medical Plc, and Sterimed Group.
Drainage Bottles Market Report Scope
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Report Attributes |
Details |
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Market size value in 2021 |
USD 443.3 million |
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Revenue forecast in 2030 |
USD 752.1 million |
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CAGR |
6.1% from 2022 - 2030 |
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Base year |
2021 |
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Historical data |
2018 - 2020 |
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Forecast period |
2022 - 2030 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2022 to 2030 |
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Segments covered |
By Application, By End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Key companies |
B. Braun Melsungen AG, Hospitech, Jigsaw Medical, Lily Medical Corporation, Medinorm, Medizintechnik Gmbh, PAHSCO, PFM Medical, Inc, Rocket Medical Plc, and Sterimed Group. |
