Interventional Radiology Drainage Procedures Market: Analysis By Industry Growth, Market Size, Share, Demand, Trends and Research Report and Forecast: 2022-2031

“The report on Interventional Radiology Drainage Procedures Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.

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Interventional Radiology Drainage Procedures Market: Overview

  • Interventional radiology drainage is a minimally invasive procedure, which needs a small cut in the skin to guide a flexible catheter to the collection of fluid or air in a drainage bag
  • This abscess drainage is performed under the supervision of interventional radiologist. A thin needle is placed with the help of imaging guidance (CT, ultrasound, or fluoroscopy) into the abscess to obtain a sample of the infected fluid from an area of the body such as the chest, abdomen, or pelvis.
  • Growth of the global interventional radiology drainage procedures market can be attributed to rise in prevalence of target diseases, including pelvic inflammatory disease, appendicitis, and bowel obstruction cholecystitis. Increase in demand for less-invasive, resource-benefit, and cost-effective modalities also boosts market growth.

Interventional Radiology Drainage Procedures: Market Drivers

  • Rise in patient preference for minimally invasive surgeries boosts the growth of the global interventional radiology drainage procedures market. Demand for minimally invasive surgeries has increased significantly over the past few years. Advantages, such as fewer post-surgery complications and side effects, shorter patient recovery span, and shorter hospital stay are prompting patients to opt for minimally invasive surgeries. According to Ethicon US, LLC, approximately 9 million minimally invasive procedures were performed in the U.S. in 2013, and the number is likely to increase in the near future.
  • Minimally invasive procedures utilize advanced technology to reach internal organs through small incisions leading to decreased pain, small incisions, low risk of infection, shorter hospital stay, quicker recovery time, less scarring, and reduced blood loss compared to traditional surgeries

High Prevalence of Target Diseases

  • Interventional radiology drainage is utilized to obtain a sample from an infected fluid from chest, abdomen, or pelvis. Increase in incidence of cardiovascular diseases, neurovascular diseases, and glaucoma is likely to fuel the usage of surgical drainage devices in specific surgeries. According to the National Health Services, about 36,134 cardiac surgeries were carried out in 2013, and the number is expected to increase in the near future.
  • In a military warfare setting, around 13% to 15% of penetrating wounds related to the thoracic cavity require thoracic intervention, including a thoracic catheter, which contributes to around 30% of combat deaths. Incidence of spontaneous pneumothorax is increasing at a steady pace. Various research studies estimate that more than 2 million spontaneous pneumothorax occur globally every year.

Market Segmentation: Interventional Radiology Drainage Procedures Market

  • In terms of type, the global interventional radiology drainage procedures market has been divided into catheter, stent, and others. The catheter segment has been spilt into multipurpose drainage catheters, nephrostomy drainage catheters, biliary drainage catheters, cholecystostomy catheters, and others.
  • Based on application, the global interventional radiology drainage procedures market has been categorized into abdomen, pelvis, and others
  • In terms of end user, the global interventional radiology drainage procedures market has been classified into hospitals, specialty clinics, and ambulatory surgical centers
  • Each of the segments has been analyzed in detail for interventional radiology drainage procedures market trends, recent trends & developments, drivers, restraints, opportunities, and useful insights. The interventional radiology drainage procedures market report provides current and future revenue (US$ Mn) for each of these segments for the period from 2018 to 2030, considering 2019 as the base year. The compound annual growth rate (% CAGR) has been provided for each segment and market from 2020 to 2030 along with market size estimations.

Regional Overview: Interventional Radiology Drainage Procedures Market

  • In terms of region, the global interventional radiology drainage procedures market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions have been divided into major countries and sub-regions.
  • Adoption of high-end technologically advanced devices and increase in incidence and prevalence of diseases propel the growth of the market in North America. Adoption of new technologies related to drainage devices is high in the U.S., owing to increase in awareness among end users. Moreover, a large number of players in the U.S. focus on R&D activities to introduce new products with improved design and technology. The market in Asia Pacific is expected to expand at the highest CAGR of 7.2% during the forecast period, primarily due to rise in prevalence of disorders and increase in awareness about the treatment.
  • Current and future market sizes in terms of revenue (US$ Mn) of these regional markets and major countries have been provided in the report for the period from 2018 to 2030, along with their CAGRs for the period from 2020 to 2030
  • The study also offers a list of recommendations, highlights, and useful insights of the market, which will help new companies willing to enter the market and existing companies to increase market share and in the decision-making process

Major Players

  • The report concludes with the company profiles section that includes key information about the major players in the global interventional radiology drainage procedures market
  • Leading players analyzed in the report are 
    • Boston Scientific Corporation
    • Cook Medical LLC
    • Teleflex Incorporated
    • UreSil, LLC
    • Merit Medical Systems
    • APR Medtech Ltd
    • Argon Medical Devices, Inc
    • Rocket Medical, plc.
    • Optimed Corporation
    • BIOTEQUE CORPORATION
  • Each of these players has been profiled in the report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Interventional Radiology Drainage Procedures Market – Scope of the Report

The report on the global interventional radiology drainage procedures market studies the past as well as current growth trends and opportunities to gain valuable insights of these indicators for the market during the forecast period from 2020 to 2030. The report provides the revenue of the global interventional radiology drainage procedures market for the period 2018–2030, considering 2019 as the base year and 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global interventional radiology drainage procedures market from 2020 to 2030.

The report has been prepared after extensive research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global interventional radiology drainage procedures market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various attributes of the global interventional radiology drainage procedures market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on changing competitive dynamics in the global interventional radiology drainage procedures market. These serve as valuable tools for existing market players as well as entities interested in participating in the global interventional radiology drainage procedures market.

The report also delves into the competition landscape of the global interventional radiology drainage procedures market. Key players operating in the global interventional radiology drainage procedures market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global interventional radiology drainage procedures market that have been profiled in this report.

Key Questions Answered in Interventional Radiology Drainage Procedures Market Report

  • What is the sales/revenue generated by interventional radiology drainage procedures across all regions during the forecast period?
  • What are the opportunities in the global interventional radiology drainage procedures market?
  • What are the major drivers, restraints, opportunities, and threats in the global market?
  • Which region is set to expand at the fastest CAGR during the forecast period?
  • Which product segment is expected to generate the highest revenue globally in 2030? Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Interventional Radiology Drainage Procedures Market – Research Objectives and Research Approach

The comprehensive report on the global interventional radiology drainage procedures market begins with an overview, followed by the scope and objectives of the study. Following this, the report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For more information about this report visit: Interventional Radiology Drainage Procedures Market

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that have been appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of market shares of key segments in the past and at the end of the forecast period.

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