The medical suction devices market is poised to reach USD 886.3 million by 2020 from USD 732.0 million in 2015, growing at a CAGR of 3.9% from 2015 to 2020. This market is categorized on the basis of type, portability, applications, end users, and regions. Major factors contributing to the growth of the global medical suction devices market include the paradigm shift from traditional healthcare settings to home healthcare and the increasing need for compact and portable devices.
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Growth in medical suction devices market can primarily be attributed to the paradigm shift from traditional healthcare settings to home healthcare and the increasing need for compact and portable devices. Moreover, the rising adoption of home care has led to the increased demand of portable suction devices, as they are reliable & easy to use and have high durability & robustness.
This helps healthcare providers and patients to use suction devices without any assistance.
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2 Market Share Analysis
3 Competitive Leadership Mapping
4 Visionary Leaders
6 Dynamic Differentiators
7 Emerging Companies
8 Competitive Benchmarking
9 Strength of Product Portfolio (25 Companies)
10 Business Strategy Excellence (25 Companies)
The medical suction devices market in this report is segmented on the basis of type, applications, portability, end users, and regions. Based on type, the market is segmented into AC-powered devices, battery–powered devices, dual-powered devices and manually operated devices.
AC-powered devices segment is expected to dominate the market by holding largest share in 2015. The dual-powered devices segment is expected to grow at highest growth rate.
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North America commands the largest share of global medical suction devices market in 2015 & is expected to grow at a second-highest growth rate from 2015-2020. According to Centers for Disease Control and Prevention (CDC), in 2014, chronic diseases accounted for 7 out of 10 deaths & 86% of healthcare costs in U.S.
It was reported that ~50% of Americans suffer from at least one chronic disease.
Medical Suction Device Market, by Type
- AC-powered Devices
- Battery-powered Devices
- Dual-powered Devices
- Manually Operated Devices
Medical Suction Device Market, by Portability
- Hand Handled Devices
- Wall Mounted Devices
Medical Suction Device Market, by Application
- Airway Clearing
- Research and Diagnostics
Top trends in medical suction devices market with overview and key Medical Suction Devices Market players include Allied Healthcare Products Inc. (U.S.), ATMOS MedizinTechnik GmbH & Co.
KG (Germany), Drive Medical (U.S.), INTEGRA Biosciences (Switzerland), Medela Holding AG (Switzerland), Medicop (Slovenia), Precision Medical, Inc. (U.S.), SSCOR, Inc. (U.S.), ZOLL Medical Corporation (U.S.), Weinmann Geräte für Medizin GmbH + Co.
KG (Germany), Laerdal Medical (Norway), MG Electric Ltd (Colchester), Labconco Corporation (U.S.), Welch Vacuum (U.S.), Amsino International Inc. (U.S.) and Olympus Corporation (Japan).
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The global market is dominated by North America, followed by Europe. The market in Asia is expected to grow at a highest CAGR during the forecast period.
Factors such as growth in its aging population and the consequent increase in home care, and the rising prevalence of chronic diseases are responsible for growth of medical suction device market in Asia-Pacific region. Furthermore, the increasing focus of prominent players on APAC is another factor driving the growth of this market.
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