The Global Medical Suction Devices market size was around USD 735 million in 2016. It is expected to grow at a CAGR of 3.9% to reach USD 889.95 million by 2021.
In medicine, devices are often necessary to create suction. Suction may be utilized to clear the airway of blood, saliva, vomit, or other secretions for a patient to be able to breathe.
Suctioning can prevent pulmonary aspiration, which often causes lung infections. In pulmonary hygiene, suction is utilized for removing fluids from the airways, to facilitate breathing and prevent growth of infectious microorganisms.
Key factors fuelling the growth of this market are the paradigm shift to home healthcare from traditional healthcare settings and the growing need for compact and portable devices. Furthermore, the increasing adoption of home care has caused the demand for portable suction devices to rise due to their reliability, ease of use, high durability & robustness.
This helps healthcare providers and patients to utilize suction devices without any assistance. The secondary factors contributing to the development of this market are augmenting geriatric population (with the rising aging population the demand for emergency care rises, which further increases the demand for handheld devices which provide instant relief to patients), falling prices of suction devices, growing incidences of chronic respiratory diseases, and increase in the number of surgical procedures (which have increased the utilization of suction devices that are specifically utilized during surgeries).
Moreover, emerging markets have opened an array of opportunities for companies in the medical suction devices market.
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But still, the highly commoditized market and limited reimbursement policies are very likely to hamper the growth of this market to a certain extent during the aforementioned forecast period.
The global Medical Suction Devices market can be categorized into four categories: by Portability, by Type, by application and by end user. On the basis of portability, Medical Suction Devices market is classified into Handheld Suction Devices and Wall-Mounted Suction Devices.
The non-portable category is expected to grow at the highest CAGR during the aforementioned forecast period because of the rising number of surgical procedures and the high price of the devices. If we go by type, Medical Suction Devices market is segmented into Ac-Powered Devices, Battery-Powered Devices, Dual-Powered Devices and Manually Operated Devices.
The electrically powered vacuum systems category commanded the largest market share in 2016. It is because of the widespread awareness and rising adoption of these devices in surgical settings.
Further, on the basis of application the market can be categorized into Airway Clearing, Surgical Applications and Research and Diagnostics. Last but not the least, on the basis of end user the market is segmented into Hospitals and Clinics, Home Care, Prehospital and Other End Users.
By geography, the global Medical Suction Devices market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, North America accounts for the largest market share closely followed by Europe while Asia Pacific has the highest CAGR.
Major companies in the Medical Suction Devices market are 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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