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Market Analysis
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 the medical 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.
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Market Segmentation
Market Research Future report offers an all-inclusive segmental analysis of the medical 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.
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.
Aug 2018- Gynaecologist and obstetrician in Anantapur District, Dr Samartha Ram has come up with a simple device- SR PPH Suction Cannula with an aim for treating the bleeding problem that women experience during the delivery of babies. The uterus will shrink as this device applies negative pressure in the uterine cavity. The bleeding will stop in just 3 minutes post application of the negative pressure.
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