Thoracic Drainage Devices Market - Favorable Healthcare Policies to Create Promising Growth Scenario Thoracic drainage devices recorded sales tantamount to ~ US$ 615 Mn in 2018 , representing a Y-o-Y growth of ~ 5% from 2017 . As per demand indicators, the shifting paradigms of patient preferences from open surgeries to minimally-invasive surgeries reflect strongly on the sales performance of thoracic drainage devices. According to the Urgent Care Association of America (UCAOA), ~ 51% of urgent care is reimbursed by private insurance and ~ 14% by Medicare. A propitious reimbursement scenario remains integral to cushion the blow of the cost-prohibitive nature of cardiovascular surgeries, thereby leading to the high adoption of these devices. However, low physician accessibility could take a toll on the steady adoptability quo of thoracic drainage devices, which remains a longstanding challenge for market players to tackle. To know the scope of ou...
Today, healthcare organizations operate in a dynamic ecosystem, wherein they are required to adopt unprecedented advancements for diagnostics and therapeutics, every now and then. Healthcare organizations are facing the uphill task to incorporate technological driven processes, and deliver managed care to the discerning consumer.