Medical Suction Devices Global Market Growth Opportunities, Emerging Trends, Industry Analysis And Global Forecast 2024-2033
Global medical suction devices market size is expected to reach $1.37 Bn by 2028 at a rate of 5.9%, segmented as by type, ac-powered devices, battery-powered devices, dual-powered devices
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Overview and Scope
Medical suction devices refer to devices that are required in medical settings to remove substances such as liquids and gases from a patient's body cavity. These devices are used to remove materials that are infectious or fluids from a patient's wounds or respiratory system respectively.
Sizing and Forecast
The medical suction devices market size has grown strongly in recent years. It will grow from $1.02 billion in 2023 to $1.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to focus on infection control, development of portable solutions, growing geriatric population, rise in emergency care, enhancements in design and functionality.
The medical suction devices market size is expected to see strong growth in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing surgical procedures, growing geriatric population, rise in home healthcare, expansion of emergency care, focus on infection control. Major trends in the forecast period include demand for portable solutions, integration of disposable components, telemedicine and homecare integration, focus on user-friendly design, increased demand in developing regions.
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Segmentation & Regional Insights
The medical suction devices market covered in this report is segmented –
1) By Type: AC-Powered Devices, Battery-Powered Devices, Dual-Powered Devices, Manually Operated Devices
2) By Portability: Hand Handled Devices, Wall Mounted Devices
3) By Application: Airway Clearing, Research and Diagnostics, Surgical, Other Applications
4) By End-User: Homecare Setting, Hospitals, Clinics
North America was the largest region in the medical suction devices market in 2023. Asia-pacific is expected to be the fastest-growing region in the global medical suction devices market during the forecast period. The regions covered in the medical suction devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing number of surgical procedures is expected to propel the medical suction device market going forward. Surgical procedures refer to any medical practice in which an incision is made on a person's body. Medical suction devices are used to clear the airways of patients and make surgery safer. With the rising number of surgeries being performed worldwide, the demand for medical suction devices is also expected to increase. For instance, in April 2022, according to a report published by the Aesthetic Society, a US-based organization of board-certified plastic surgeons, surgical procedures saw a 54% increase, with an average of 320 surgical procedures performed by plastic surgeons in 2021. The cost of a typical surgical procedure also rose by 6% on average in 2021. Therefore, the growing number of surgical procedures will drive the medical suction device market.
Key Industry Players
Major companies operating in the medical suction devices market report are Allied Healthcare Products Inc., Precision Medical Inc., Drive Medical, Medicop Inc., Atmos Medizintechnik GmbH & Co. KG, ZOLL Medical Corporation, Welch Vacuum, Laerdal Medical, Labconco Corporation, Amsino International Inc., Medela AG, SSCOR Inc., MG Electric Ltd., WEINMANN Emergency, Olympus Corporation, INTEGRA Biosciences AG, Asahi Kasei Corporation, Ohio Medical Corporation, ConvaTec Group plc, Stryker Corporation, Becton, Dickinson and Company, Teleflex Incorporated, Smiths Group plc, Flexicare Medical Limited, Beckman Coulter Inc., C.R. Bard Inc., Dynarex Corporation, Gebr. Martin GmbH & Co. KG, Hill-Rom Holdings Inc., Medtronic plc, Metrex Research LLC
The medical suction devices market report table of contents includes:
1. Executive Summary
2. Medical Suction Devices Market Characteristics
3. Medical Suction Devices Market Trends And Strategies
4. Medical Suction Devices Market - Macro Economic Scenario
5. Global Medical Suction Devices Market Size and Growth
.....
32. Global Medical Suction Devices Market Competitive Benchmarking
33. Global Medical Suction Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Medical Suction Devices Market
35. Medical Suction Devices Market Future Outlook and Potential Analysis
36. Appendix
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