The global medical suction
devices market is expected to reach USD 1.04 billion by 2024, according to a
new report by Grand View Research. The global medical suction devices market is
expected to grow swiftly owing to the increasing prevalence of chronic respiratory
diseases, such as chronic obstructive pulmonary diseases, asthma, and lung
cancer. Additionally, the market is growing rapidly due mainly to the
increasing adoption of suction pumps in the point-of-care facilities. Moreover,
the availability of compact suction devices has fostered the usage of these
devices in ambulatory and emergency centers.
The government bodies including
Ministry of Health and Family Welfare (MOHFW), Central Drugs Standard Control
Organization (CDSCO), and Association of Indian Medical Device Industry (AIMED)
provide the medical devices sector with a regulatory structure to promote
indigenous production. Such regulations are positively impacting the market.
Moreover, the increasing number of collaborations undertaken by companies, such
as Drive Medical, Olympus Corporation, Laerdal Medical, with the aim of
introducing technologically-advanced and improved devices is further boosting
the growth of the market.
However, the lack of
reimbursement coverage for the homecare suction devices and the high-cost of
the wall-mounted devices are some of the factors impeding the growth of the
market.
Some of the key players in this
market include Allied Healthcare Products, Inc., Precision Medical, Inc., Drive
Medical, INTEGRA Biosciences AG, Medicop, Inc., SSCOR, Inc., ATMOS
MedizinTechnik GmbH & Co. KG, ZOLL Medical Corporation, Welch Vacuum,
Laerdal Medical, Labconco Corporation, Amsino International Inc., and Olympus
Corporation.
In depth research report on Medical Suction Devices Market
Further key findings from the study suggest:
·
The non-portable segment is
anticipated witness lucrative growth during the forecast period owing to the
increasing number of surgical procedures and the high price of the devices. As
a result, this segment is projected to grow at the highest CAGR from 2016 to
2024.
·
The upsurge in the number of
hospitals, clinics, and other healthcare facilities is propelling the demand
for non-portable aspiration devices
·
The electrically powered vacuum
systems segment captured the largest market share in 2015.The large market
share of the segment was attributed to the widespread awareness and adoption of
these devices in surgical settings.
·
The portable segment is
expected to show rapid growth during the forecast period owing to the rising
adoption of home healthcare services where portable and user-friendly medical
devices are in demand
·
North America captured the
largest market share of around 30% in 2015. Some factors contributing to the
dominance of the segment include the presence of well-established healthcare
infrastructure, existence of the leading market players, and the easily
attainable approval for the class I devices by the U.S. Food and Drug
Administration (FDA)
·
Asia Pacific is identified as
the fastest growing market for medical suction devices. The factors including a
large number of untapped customers, the growing trends in the adoption of the
technically-advanced devices, and the expected rise in the target patient
population are anticipated to drive the growth of the market.
Grand View Research has
segmented the medical suction devices market on the basis of portability,
vacuum systems, end-use, and geography.
Medical Suction Devices Market, by Portability, 2013 -
2024 (USD Million)
·
Portable
·
Non-portable
Medical Suction Devices Market, by Vacuum Systems, 2013 -
2024 (USD Million)
·
Manual
·
Electrically powered
·
Venturi
Medical Suction Devices Market, by End-use, 2013 - 2024
(USD Million)
·
Respiratory
·
Gastric
·
Wound suction
·
Delivery room
·
Others
·
Operative field
·
Coronary care
·
Anesthetics
Medical Suction Devices Market, by region, 2013 - 2024
(USD Million)
·
North America
·
U.S. Medical Suction Devices
Market, by Portability
·
U.S. Medical Suction Devices
Market, by Vacuum Systems
·
U.S. Medical Suction Devices
Market, by End-use
·
Canada Medical Suction Devices
Market, by Portability
·
Canada Medical Suction Devices
Market, by Vacuum Systems
·
Canada Medical Suction Devices
Market, by End-use
·
Europe
·
UK Medical Suction Devices
Market, by Portability
·
UK Medical Suction Devices
Market, by Vacuum Systems,
·
UK Medical Suction Devices
Market, by End-use
·
Germany Medical Suction Devices
Market, by Portability
·
Germany Medical Suction Devices
Market, by Vacuum Systems
·
Germany Medical Suction
Devices, by End-use
·
Asia Pacific
·
China Medical Suction Devices
Market, by Portability
·
China Medical Suction Devices
Market, by Vacuum Systems
·
China Medical Suction Devices
Market, by End-use
·
India Medical Suction Devices
Market, by Portability
·
India Medical Suction Devices
Market, by Vacuum Systems
·
India Medical Suction Devices,
by End-use
·
Latin America
·
Brazil Medical Suction Devices
Market, by Portability
·
Brazil Medical Suction Devices
Market, by Vacuum Systems
·
Brazil Medical Suction Devices
Market, by End-use
·
Mexico Medical Suction Devices
Market, by Portability
·
Mexico Medical Suction Devices Market,
by Vacuum Systems
·
Mexico Medical Suction Devices
Market, by End-use
·
MEA
·
South Africa Medical Suction
Devices Market, by Portability
·
South Africa Medical Suction
Devices Market by Vacuum Systems
·
South Africa Medical Suction
Devices Market by End-use
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About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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