Global Pleural Drainage System Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Pleural Drainage System industry revenue is expected to be around $1.5 billion in 2025 and expected to showcase growth with 13.2% CAGR between 2025 and 2034. The Pleural Drainage System market shows significant growth because of multiple essential factors. The main factor behind this growth is the increasing number of pleural effusions and respiratory diseases that require this system. The market growth benefits from medical device technological progress and rising healthcare spending. The Pleural Drainage System remains important because the aging population faces higher respiratory risks and medical professionals perform more minimally invasive procedures.
The Pleural Drainage System functions as a complex medical device which extracts fluid or air from the pleural space to enhance patient breathing capabilities. Medical professionals use this system to treat patients with pneumothorax and hemothorax and pleural effusion. The system consists of a chest tube which connects to either a one-way valve or a vacuum bottle. The market shows a current trend toward developing digital and portable pleural drainage systems which provide better patient mobility and comfort.
Market Key Insights
- The Pleural Drainage System market is projected to grow from $1.3 billion in 2024 to $4.6 billion in 2034. This represents a CAGR of 13.2%, reflecting rising demand across Management of Pleural Effusions, Postoperative Thoracic Care and Treatment of Pneumothorax.
- Medtronic PLC, Teleflex Incorporated, Smiths Medical are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Pleural Drainage System market and are expected to observe the growth CAGR of 11.9% to 15.8% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 9.2% to 13.9%.
- Transition like Technological Advancements is expected to add $151 million to the Pleural Drainage System market growth by 2030.
- The Pleural Drainage System market is set to add $3.3 billion between 2024 and 2034, with manufacturer targeting Pneumothorax & Empyema Clinical Applications projected to gain a larger market share.
- With Rising prevalence of respiratory diseases, and Technological advancements in pleural drainage systems, Pleural Drainage System market to expand 246% between 2024 and 2034.