GlobalData02.11.22
Slow but steady.
Such is the prediction for growth in Asia-Pacific's percutaneous drainage catheters market this decade.
Globaldata expects the sector to expand 2.5 percent annually through 2030, driven by tje changing preference of patients and surgeons from open surgical procedures to percutaneous or minimally invasive procedures.
“While there are different types of catheters used for percutaneous drainage, the most widely used ones are multipurpose drainage catheters and centesis drainage catheters, together comprising about 90 percent of the market by volume,” said Vinita Sippy, a medical devices analyst at GlobalData.
GlobalData's report, "Percutaneous Drainage Catheters (General Surgery) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)," reveals that Cook Medical, Boston Scientific, and Merit Medical are the leading players in the APAC region, together accounting for more than 70 percent of the overall percutaneous drainage catheters market in 2021.
Multipurpose drainage catheters are primarily used for abscess drainage procedures, which are majorly performed in an inpatient setting. Centesis drainage catheters, on the other hand, are used for paracentesis and thoracentesis procedures which are majorly performed as outpatient procedures.
“Shorter recovery period, reduced risk of contamination leading to fewer complications, and procedure specific product development by manufacturers are likely to drive growth of the percutaneous drainage catheters market in the region,” Sippy said.
Such is the prediction for growth in Asia-Pacific's percutaneous drainage catheters market this decade.
Globaldata expects the sector to expand 2.5 percent annually through 2030, driven by tje changing preference of patients and surgeons from open surgical procedures to percutaneous or minimally invasive procedures.
“While there are different types of catheters used for percutaneous drainage, the most widely used ones are multipurpose drainage catheters and centesis drainage catheters, together comprising about 90 percent of the market by volume,” said Vinita Sippy, a medical devices analyst at GlobalData.
GlobalData's report, "Percutaneous Drainage Catheters (General Surgery) – Global Market Analysis and Forecast Model (COVID-19 Market Impact)," reveals that Cook Medical, Boston Scientific, and Merit Medical are the leading players in the APAC region, together accounting for more than 70 percent of the overall percutaneous drainage catheters market in 2021.
Multipurpose drainage catheters are primarily used for abscess drainage procedures, which are majorly performed in an inpatient setting. Centesis drainage catheters, on the other hand, are used for paracentesis and thoracentesis procedures which are majorly performed as outpatient procedures.
“Shorter recovery period, reduced risk of contamination leading to fewer complications, and procedure specific product development by manufacturers are likely to drive growth of the percutaneous drainage catheters market in the region,” Sippy said.