Medical Suction Device Market trends was valued at USD 0.92 billion in 2021. The Medical Suction Device Market industry is projected to grow from USD 0.96 billion in 2022 to USD 1.64 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.85% during the forecast period (2022 - 2030). The factors such as increasing prevalence of respiratory diseases and rising birth rate coupling with rapidly developing technology in the medical sector are driving the growth of the medical suction device market.
The Medical Suction Devices are hereby, installed in hospitals for several medical reasons, but mainly for severe respiratory conditions when the secretion of mucous and serum must be removed from the body. The device is installed in a condition when the patient is unable to expel serum or mucus out of the body. In such conditions, these devices help them to remove them efficiently. Even, these devices are also used at the time of different surgical procedures such as respiratory surgery, delivery of baby, and others.
Global Medical Suction Device Market: Drivers & Trends
Market Research Future Reports analysists came across many factors that drove the market to reach such a high position and continue to motivate to rising. Some of the factors are growing incidence of chronic disease coupling with the rising demand for compact & portable medical devices. With this, the increasing demand for point of care services has also been one of the significant factors behind the proliferation of the medical suction devices market.
With this, the increasing existence of respiratory diseases such as asthma, occupational lung disease, and pulmonary hypertension, chronic obstructive pulmonary disease (COPD), and swift adoption of suction devices are also helping the global medical suction device market to achieve a steady CAGR by the end of the forecast period.
As per the medical suction devices market research, are used in hospitals and clinics for various reasons, but for the home setting, they are usually used for respiratory purposes that help to vacuum out secretions, blocking the airways. Besides, suction devices are used to prevent bacteria and for the for bacteria filters, which makes suction devices very helpful for patients for air-borne infection. Therefore, the mounting trend of home care for patients has resulted in an intensified the demand for medical suction devices.
On the other hand, medical suction devices being portable and compact in sizes make them comfortable use in home care in a very convenient way. Other than being compact, these devices are also easy-to-use and can be operated with nominal assistance. This factor has encouraged the use of such devices in home care and thus gaining much traction in the present time. The medical suction devices are also gaining traction in hospitals, mobile healthcare units, and mobile services as they offer the advantage of continuity of service in the cases of emergency. Thus, these factors along with increasing population, especially the geriatric population are driving to boost the growth of the global medical suction devices market at a higher CAGR.
Medical Suction Device Market Segmentation
According to the reports of MRFR, the Global Medical Suction Device Market has been segmented by types, applications, suction parts, and end users.
By the mode of types, the market is segmented into electric powered, battery-powered, dual, manual and others.
By the mode of applications, the market is segmented into surgical, research and others. Wherein, the surgical segment has been segmented into respiratory diseases, childbirth and others.
By the mode of suction parts, it is segmented into the vacuum pump, bacterial filter, vacuum gauge, moisture or debris trap, suction catheter, and others.
By the mode of end users, the market is segmented into homecare, hospital, clinics, and others.
On the geographical note, the Americas are observed to have the largest share of the global medical suction device market owing to the occurrence of numerous patients with respiratory diseases, increasing geriatric population, and increasing healthcare expenditure.
Europe is also counted on the second largest market owing to the increasing government support and changing reimbursement policies in European medical sector. Whereas, the Asia Pacific region has been observed as the fastest growing market owing to the presence of a vast population of the patient, increasing occurrence of the respiratory diseases, high birth rate, and the rapidly developing economies. On the other side, the Middle East & Africa is expected to have limited but steady growth of the Medical Suction Device Market over the forecasted period.
Market Research Future Reports have accumulated some top name of the key players of the market. The names are
ATMOS MedizinTechnik GmbH & Co. KG (Germany), Allied Healthcare (UK), Drive Medical (US), INTEGRA Biosciences AG (Switzerland), Precision Medical, Inc. (US), Siemens Healthcare Private Limited (Germany), Olympus Corporation (Japan), Medico, Inc. (US), SSCOR, Inc. (US), ZOLL Medical Corporation (US), Labconco (US), Amsino International, Inc. (US), Welch Vacuum (US), Laerdal Medical (Norway)
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