Australia markets closed
  • ALL ORDS

    7,702.90
    -56.90 (-0.73%)
     
  • ASX 200

    7,403.70
    -56.50 (-0.76%)
     
  • AUD/USD

    0.7268
    -0.0027 (-0.37%)
     
  • OIL

    71.96
    -0.65 (-0.90%)
     
  • GOLD

    1,753.90
    -2.80 (-0.16%)
     
  • BTC-AUD

    66,846.45
    +599.95 (+0.91%)
     
  • CMC Crypto 200

    1,193.48
    -32.05 (-2.62%)
     
  • AUD/EUR

    0.6195
    +0.0002 (+0.03%)
     
  • AUD/NZD

    1.0318
    +0.0013 (+0.13%)
     
  • NZX 50

    13,234.55
    +155.04 (+1.19%)
     
  • NASDAQ

    15,333.47
    -182.44 (-1.18%)
     
  • FTSE

    6,963.64
    -63.84 (-0.91%)
     
  • Dow Jones

    34,584.88
    -166.44 (-0.48%)
     
  • DAX

    15,490.17
    -161.58 (-1.03%)
     
  • Hang Seng

    24,920.76
    +252.91 (+1.03%)
     
  • NIKKEI 225

    30,500.05
    +176.71 (+0.58%)
     

$146.9 Million Worldwide Abdominal Drainage Tubes Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

·3-min read

DUBLIN, July 30, 2021--(BUSINESS WIRE)--The "Abdominal Drainage Tubes - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Abdominal Drainage Tubes estimated at US$146.9 Million in the year 2020, is projected to reach a revised size of US$226.4 Million by 2027, growing at a CAGR of 6.4% over the analysis period 2020-2027.

Hospitals, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$115.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Home Healthcare Providers segment is readjusted to a revised 6.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $39.8 Million, While China is Forecast to Grow at 9.7% CAGR

The Abdominal Drainage Tubes market in the U.S. is estimated at US$39.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$48.6 Million by the year 2027 trailing a CAGR of 9.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Emergency Clinics Segment to Record 6.9% CAGR

In the global Emergency Clinics segment, USA, Canada, Japan, China and Europe will drive the 6.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$15.5 Million in the year 2020 will reach a projected size of US$23.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$30.7 Million by the year 2027, while Latin America will expand at a 8.2% CAGR through the analysis period.

Select Competitors (Total 42 Featured):

  • Acelity L.P Inc.

  • Braun Melsungen

  • Cardinal Health

  • C. R. Bard

  • Ethicon

  • Medtronic Plc

  • Stryker Corporation

  • Teleflex, Inc

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/65ycdj

View source version on businesswire.com: https://www.businesswire.com/news/home/20210730005256/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting