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.
Browse full research report on Medical Suction Devices Market: https://www.grandviewresearch.com/industry-analysis/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.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/medical-suction-devices-market/request/rs1
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
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, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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