The Medical Suction Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Medical Suction Devices Global Market Report 2024, 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.
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.
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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
New technology-based devices are a key trend in the medical suction device market. Major companies in the medical suction device market are launching new and innovative technologies to sustain their position in the market. For instance, in March 2023, TransMed7 LLC, a US-based medical and technology company, launched a new self-contained external vacuum-assist attachment, the VacuPac®. The VacuPac® uses Zero5® technology to conduct the biopsy with minimal weight, with a self-power option, and to enhance freedom of movement by eliminating all constraining tethers of suction tubing. Its built-in vacuum extracts complete solid cores into a removable container while aspirated fluid is kept in its integrated canister for cytologic investigation. The VacuPac® adds minimum weight to the biopsy instrument, is self-powered, quiet, and simple to use, and improves movement mobility by eliminating all suction tubing tethers. The new product can be used for minimally invasive breast biopsies.
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. Medical Suction Devices Market Size And Growth
6. Medical Suction Devices Segmentation
7. Medical Suction Devices Regional And Country Analysis
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27.Medical Suction Devices Competitive Landscape And Company Profiles
28.Medical Suction Devices Key Mergers And Acquisitions
29.Medical Suction Devices Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Allied Healthcare Products Inc.
- Precision Medical Inc.
- Drive Medical
- Medicop Inc.
- Atmos Medizintechnik GmbH & Co. KG
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Major factors driving the growth of this market 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.
The global Medical Suction Devices Market is expected to reach USD 886.3 Million by 2020 fromUSD 732.0 Million in 2015, at a CAGR of 3.9% during the forecast period.Download PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=100130488The report segments the medical suction devices market based on type, portability, applications, end user, and region.
AC-powered devices segment is expected to dominate the market by holding largest share in 2015.
The high growth in this segment is attributed to the increasing homecare market and growing number of prehospitals and emergency care settings worldwide.
Among applications the surgical applications dominate the market whereas the research and diagnostic applications segment is expected to grow at highest CAGR during the forecast period.
The Global Medical Suction Devices Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Report includes a detailed analysis on value chain in order to provide a holistic view of the medical suction devices market.
Value chain analysis comprises detailed evaluation of the roles of various players involved in the medical suction devices industry, from raw material suppliers to end-users.Browse the complete Global Medical Suction Devices Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/5174-medical-suction-devices-market-reportThe report also offers a competitive landscape of the overall market with company profiles of players such as:Allied Healthcare Products, Inc.Amsino International, Inc.Atmos Medizintechnik GmbH & Co. KGDrive MedicalIntegra BiosciencesLabconco CorporationLaerdal MedicalMedela Holding AGMedicopMG Electric Ltd.Olympus CorporationPrecision Medical, Inc.Sscor, Inc.Weinmann Gerate Für Medizin GmbH + Co. KGWelch VacuumZoll Medical CorporationA detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players.
The report also provides medical suction devices market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.SEGMENTATIONS IN REPORT:Medical Suction Devices Market Analysis By Type:AC-Powered DevicesBattery-Powered DevicesDual-Powered DevicesManually Operated DevicesMedical Suction Devices Market Analysis By Probability:Hand Handled DevicesWall Mounted DevicesMedical Suction Devices Market Analysis By Applications:Airway ClearingResearch And DiagnosticsSurgicalMedical Suction Devices Market Analysis By End User:HospitalsHomeClinicsPre-HospitalsOthersMedical Suction Devices Market Analysis By Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Medical Suction Devices Market @ https://www.decisiondatabases.com/contact/download-sample-5174The Global Medical Suction Devices Market has been exhibited in detail in the following chapters –Chapter 1 Medical Suction Devices Market PrefaceChapter 2 Executive SummaryChapter 3 Medical Suction Devices Industry AnalysisChapter 4 Medical Suction Devices Market Value Chain AnalysisChapter 5 Medical Suction Devices Market Analysis By TypeChapter 6 Medical Suction Devices Market Analysis By ProbabilityChapter 7 Medical Suction Devices Market Analysis By ApplicationsChapter 8 Medical Suction Devices Market Analysis By End UserChapter 9 Medical Suction Devices Market Analysis By GeographyChapter 10 Competitive Landscape Of Medical Suction Devices CompaniesChapter 11 Company Profiles Of Medical Suction Devices IndustryPurchase the complete Global Medical Suction Devices Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-5174Other Reports by DecisionDatabases.com:Global Medical Robots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Medical Tubing Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Medical Videoscopes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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The global Medical Suction Devices Market is expected to value at USD 1.04 billion by 2024.
The medical suction devices industry is subject to witness a substantial growth due to the rise in number of chronic respiratory diseases and increase in number of surgical procedures conducted each years like vacuum assisted deliveries.
Shifting preference towards adoption of suction devices during surgical procedures by clinicians, surgeons and healthcare professionals are expected to drive the growth of medical suction device market over the forecast period.Additionally, swift decline in cost of medical suction devices and easy availability are expected to offer affordable surgical procedures for patients, thus propelling market growth as well.
Globally, the medical suction device industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.Growing geriatric population and increasing investment by regional government for healthcare infrastructural development are anticipated to foster market growth over the forecast period.
However, the limited availability in the rural areas of developing economies due to lower market penetration is one of key challenge for industry growth over the forecast period.
In addition, lack of reimbursement coverage for medical suction devices that are adopted in home care sector is restraining market growth to a certain extent.Download Full Research Report on Medical Suction Devices Market @ https://www.millioninsights.com/industry-reports/medical-suction-devices-marketGrowing popularity of the portable medical suction devices is attributed to factors such as user-friendly interface and compact designs.
