Medical Suction Devices Market By Type (AC-powered Devices, Battery-powered Devices, Dual-powered Devices, Manually Operated Devices); By Portability (Hand Handled Devices, Wall Mounted Devices); By Application (Airway Clearing, Research and Diagnostics, Surgical); By End User (Hospitals, Home, Clinics, Pre-hospitals, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Market Analysis, Trends, Opportunity and Forecast, 2023-2032
The Global medical suction devices market is expected to grow from USD 1.billion in 2021 to USD 1.9 billion by 2032, at a CAGR of 6.6% during the forecast period 2023-2032. Moreover, the demand has also increased with the rise in the adoption of home care devices, as they are very reliable and easy to use, and have high durability and robustness. As a result, healthcare providers can use these devices without any assistance.
Medical Suction Devices Market Drivers
The rise in demand is due to increases in the aging population, reduced suction devices, rise in chronic respiratory diseases, and rise in surgical procedures. Also, developing markets have opened a variety of opportunities for the medical suction devices market players.
The market is segmented into AC powered devices, battery-powered devices, dual-powered devices, based on the type. The AC-powered devices are projected to dominate the medical suction devices' market by holding the largest share. Other than this, the dual-powered medical suction devices market is expected to grow at the highest growth rate. This segment's growth can be attributed to the increase in the home care market and the increase in nursing clinics and emergency care hospitals across the globe. The medical suction devices market, based on application, is further segmented into airway clearing, surgical, research and diagnostics.
The research and diagnostic segment is projected to grow at the highest growth rate and the surgical segment is expected to dominate the market. This highest growth of the segment is due to suction devices in clinical research and diagnostics. Furthermore, the portability market is further segmented into handheld and wall-mounted devices. The wall mount segment has dominated the market and is projected to grow at the highest growth rate. The growth is majorly due to the rise in the number of hospitals and clinics. This is where medical suction devices are widely used.
Based on end-users, the medical suction devices market is divided into hospitals, clinics, home care, pre hospitals, clinical and diagnostic laboratories. The hospitals and clinics division is projected to dominate the market. The availability of suction facilities is essential in hospitals and clinics and it is based on every fixed number of patients as the number of hospitals is rising rapidly. Thus, there is increased usage of medical suction devices across the world.
The user-friendly design of user-friendly ices has many advantages including point of care, which eliminates skilled professionals' requirement to operate such devices. These advantages are helping the growth of the medical suction devices market. The electrically powered aspirators held the largest revenue share. With the awareness of electrically powered aspirators and the availability of a variety of products, the percentage for these devices has increased by a great extent over the past few years. And this segment is expected to maintain its more significant stake in the medical suction devices market.
The non-portable devices division of the medical suction devices held a greater revenue share. This can be attributed to the high cost of the non-portable devices. Moreover, the increase in the number of hospitals and clinics greatly impacted the medical suction devices market's growth, including non-portable aspirators. Due to the adoption of such devices in the healthcare industry, the portable devices market is projected to show the fastest growth in subsequent years. And among other vacuum systems, the electrically powered aspirators had the largest revenue share.
The respiratory disease treatment segment is also expected to witness significant growth due to the rise in chronic respiratory deadly diseases such as asthma and bronchitis. Hence there will be a surge in demand and growth of the medical suction devices over the coming years. North America, Asia Pacific, Europe, Latin America, Middle East, and Africa are some of the markets for medical suction devices, with North America dominating the market with more than 30% share. This growth can be attributed to the increased use of the suction device in the treatment of chronic respiratory diseases and surgical procedures.
Key Market Players
The key market players 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)
Medical Suction Devices Market Segmentation
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
- Surgical
Medical Suction Device Market, by End User
- Hospitals
- Home
- Clinics
- Pre-hospitals
- Others
Medical Suction Device Market, by Region
- North America (The U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, Russia, Poland, Turkey, Switzerland, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, South Korea, Vietnam, Philippines, Malaysia, Indonesia, Thailand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Columbia, Argentina, Chile, and Rest of Latin America)
- Middle East & Africa (South Africa, Saudi Arabia, UAE, Oman, Egypt, and Rest of Middle East & Africa)
Powered by Froala Editor
Powered by Froala Editor
Need Customized Report for Your Business ?
Utilize the Power of Customized Research Aligned with Your Business Goals
Request for Customized Report- Publication date: 9th February 2024
- Base year: 2022
- Forecast year: 2023-2033
- Format: PDF, PPT,Word,Excel