The size of the global market for medical suction devices was assessed at USD 1 billion in 2021 and is projected to reach USD 1.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.39% from 2023 to 2032.
Key Takeaways:
- By portability, the non-portable devices segment contributed 69% market share in 2021.
- The portable devices segment is anticipated to grow at a CAGR of 4.7%.
- By vacuum systems, the electrically powered segment hit highest market share of around 48% in 2021.
- By end use, the respiratory disease segment has accounted market share of over 31.5% in 2021.
- The gastric treatment segment is growing at a CAGR of 4.7% over the forecast period.
- The North America region has accounted highest market share of around 29.5% in 2021.
- In Asia Pacific is expected to grow at a CAGR of 5.9% from 2023 to 2032
The increase in chronic respiratory illnesses is one of the major factors propelling the market for medical suction devices. The recent increase in respiratory diseases has been linked in large part to the world’s quickly rising pollution. Frequent private car users greatly increase environmental pollution. Medical suction devices must be used to remove the systemic secretions and address acute lower respiratory tract disorders.
Chronic obstructive pulmonary disease, which has a number of complications that must be managed by draining the excessive secretions that the patient’s body frequently creates, is one of the major factors contributing to the growth of the medical suction device market. Many people all over the world suffer from asthma, and to treat the symptoms brought on by the excessive mucus secretion, they require routine medical suction device assistance. Due to the rapid developments in the medical field, which help to create better results over time, potential clients have been persuaded to choose such cutting-edge treatments.
A thorough study and analysis of the market can be found in the Medical Evacuation Devices market report, which is the ideal starting point for those interested in the subject. The study aims to provide useful insights on global market growth forecasts based on historical growth analysis and the current market environment. The verified information in the report is based on results from in-depth primary and secondary research. Data insights are excellent tools for facilitating a deeper grasp of many facets of the global market for medical suction devices. This aids users’ developmental approach even more.
This report examines all the key factors influencing growth of global Medical Suction Devices market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Market Segmentations:
Global Medical Suction Devices Market: Major Players
Labconco Corporation
Precision Medical, Inc.
Welch Vacuum (A Gardner Denver Company)
Weinmann Geräte Für Medizin GmbH + Co. Kg
Atmos Medizintechnik GmbH & Co. Kg
Allied Healthcare Products, Inc.
Drive Medical, Integra Biosciences
Amsino International, Inc.
Sscor, Inc.
Zoll Medical Corporation (An Asahi Kasei Group Company)
Medicop, MG Electric Ltd.
Laerdal Medical
Medela Holding AG
Olympus Corporation
Global Medical Suction Devices Market: Types
AC-Powered
Battery-Powered
Dual-Powered
Manually Operated
Global Medical Suction Devices Market: Applications
Airway Clearing
Surgical Applications
Research and Diagnostics
Global Medical Suction Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Medical Suction Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Growth Factors
Chronic respiratory disease affects a sizable portion of the population worldwide, and this has proven to be a key driver of market development. Acute and chronic respiratory illnesses are now thought to be caused by rapid climate change and rising environmental pollution. The moderate or serious form of chronic obstructive pulmonary disease affects a sizable population worldwide and calls for advanced suction devices for better control.
As a result of the pandemic’s outbreak and the significant COVID infection rate, the suction device industry experienced significant growth. Due to the growing demand for improved medical suction devices by the healthcare industry, the market saw a significant uptick throughout the pandemic. The size of the market has grown significantly over time due to the rising frequency of acute respiratory illnesses linked to the lower respiratory tract.
An Overview of the Impact of COVID-19 on Market: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Frequently Asked Questions
- What is the current size of medical suction devices market?
- What will be the CAGR of global market?
- Who are the prominent players operating in the market?
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