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The
global medical suction device market is expanding at a considerable rate and is
predicted to grow at a steady 4.5% CAGR over the forecast period (2017-2023). A
medical suction device is an appliance that is utilized for removing substances
namely mucus, saliva, blood and vomit from the airway of a person. It can also
help in preventing pulmonary aspiration along with facilitating breathing. A
suction device is also used in some surgical procedures especially delivery of
baby and respiratory surgery. The suction devices have evolved over the years
into lightweight, durable and technologically sophisticated devices. Some are
so portable that it snugly fits in the airway bag thereby making it perfect for
various tactical medical scenarios. It is largely used in hospitals for various
medical reasons. This device is utilized in a respiratory condition at a time
when the secretion of the serum and mucous needs to get removed from a body. If
a patient is not capable of expelling mucous or serum out from the body, a
medical suction device will help one in removing the same manually.
There are many factors that is driving the growth of themedical suction device market. Some of these
factors as per the Market Research Future (MRFR) report include increasing need
for technological advancements, increasing pollution, rising geriatric
population, increasing prevalence of CRD (chronic respiratory devices),
increase in the use of suction device in different procedures, fall in price in
the manufacture of such devices, preference for portable and compact medical
treatment devices, shift from traditional treatment to latest and homecare
treatment method, keen interest taken by the government to develop standardized
medical facilities especially in developing countries and implementation of
different healthcare schemes. On the contrary, the devices’ limited
reimbursement coverage approved for the home care use is likely to impede the
growth of the medical
suction device market Report.
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Key
Players
Leading
players profiled in the medical suction device market include Laerdal Medical (Norway), Welch Vacuum (US), Amsino International, Inc.
(US), Labconco (US), ZOLL Medical Corporation (US), SSCOR, Inc. (US), Medico,
Inc. (US), Olympus Corporation (Japan), Siemens Healthcare Private Limited
(Germany), Precision Medical, Inc. (US), INTEGRA Biosciences AG (Switzerland),
Drive Medical (US), Allied Healthcare (UK), ATMOS MedizinTechnik GmbH & Co.
KG (Germany) and others.
Market Segmentation
Market Research Future report
offers an all-inclusive segmental analysis of themedical suction device market on the basis of types, applications,
suction parts and end-users.
Based on type, it is
segmented into manual, dual, battery-powered, electric powered and others. Of
these, dual-powered is projected to have the highest growth rate over the
forecast period.
Based on applications, the medical
suction device market is segmented into research, surgical and others. The
surgical segment is further segmented into childbirth, respiratory diseases and
others. Of these, surgical will lead the market.
Based on suction parts, it is
segmented into suction catheter, moisture/debris trap, vacuum gauge, bacterial
filter, vacuum pump and others.
Based on end-users, the medical
suction device market is segmented into clinics, hospitals, homecare and
others. Of these, hospitals and clinics is predicted to dominate the market
over the forecast years.
Regional Analysis
Based on region, the medical
suction device market covers growth opportunities and latest trends across
North America, Europe, Asia Pacific and Middle East and Africa. Of these, North
America will lead the medical suction device market over the forecast period
due to the existence of a large number of patients having respiratory ailments,
rising healthcare expenditure and increasing geriatric population. Europe grabs
the second largest share in the medical suction device market followed by APAC
owing to changing reimbursement policies and government support in Europe. The medical
suction device market in the APAC region is the fastest growing due to the existence
of massive patient population, rising prevalence of respiratory diseases,
presence of swiftly developing economies and high birth rate. On the other
hand, the medical suction device market in the Middle East and Africa is
anticipated to experience a limited yet steady growth.
Competitive Analysis
The medical
suction device market is competitive and highly fragmented owing to the
existence of a couple of local players. No wonder, the players are laying
emphasis on innovation and cost reduction for ensuring sustainability. The top
players are implementing growth strategies through partnerships and
collaborations for expanding their share in the medical suction device market
in its entirety.
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