Global Medical Suction DevicesMarket Size study, byType ( AC-powered Devices, Battery-powered Devices, Dual-powered Devices, Manually Operated Devices), By Portability ( Hand Handled Devices, Wall Mounted Devices) By Application ( Airway Clearing, Resea

Global Medical Suction DevicesMarket Size study, byType ( 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) and Regional Forecasts 2022-2028

Global Medical Suction DevicesMarket is valued approximately USD 1 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2028.The growing prevalence of chronic respiratory disorders such as acute lower respiratory tract infections, Chronic Obstructive Pulmonary Disease (COPD), and asthma, as well as an increase in the number of procedures, such as vacuum assisted deliveries, where suction devices are heavily used, are driving market growth. Furthermore, the rising demand for home healthcare and the falling price of these devices are making them more accessible, accelerating the spread of these goods. Such factors are projected to support market expansion throughout the forecast period.One of the primary reasons driving market expansion is the rising frequency of chronic respiratory disorders. According to the WHO 2019 study, over 65 million people have moderate or severe chronic obstructive pulmonary disease (COPD), and over 3.23 million people die from this ailment each year. According to the same source, asthma is the most frequent chronic condition among children, with approximately 262 million people suffering from it in 2019. As a result, a medical suction equipment is essential in suctioning a patient with COPD and asthma.Furthermore, emerging markets have created a plethora of potential for companies in the medical suction devices market; however, the highly commoditized market and restricted reimbursement policies may hamper the market's growth to some extent during the projected period.

The key regions considered for the global Medical Suction DevicesMarketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.The market is predicted to be dominated by North America, followed by Europe. The presence of well-established healthcare facilities, the ease of access to sophisticated technology, and the widespread use of suction devices in the treatment of chronic respiratory disorders and other surgical operations are projected to drive market expansion in this region. Furthermore, as a result of the high prevalence of chronic medical illnesses and fatal injuries, countries such as the United States and Canada have seen an increase in hospital admissions and emergency department visits in recent years. Furthermore, the greater acceptance rate of these devices witnessed in the home care services sector, as well as the growing number of healthcare institutions, are boosting growth in North America. The Asia-Pacific medical suction device market, on the other hand, is expected to develop at the fastest CAGR due to its ageing population and the resulting increase in home care, as well as the increased incidence of chronic conditions. Another factor fueling the growth of this market is the rising emphasis of major companies on APAC.
Major market player included in this report are:
Allied Healthcare Products, Inc.
Precision Medical, Inc.
Integra Biosciences AG
Medicop, Inc.
ATMOS MedizinTechnik GmbH & Co. KG
ZOLL Medical Corporation
Welch Vacuum
Laerdal Medical
Labcoco Corporation
Amsino International, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByType:
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
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Medical Suction DevicesMarket in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Allied Healthcare Products, Inc.
Precision Medical, Inc.
Integra Biosciences AG
Medicop, Inc.
ATMOS MedizinTechnik GmbH & Co. KG
ZOLL Medical Corporation
Welch Vacuum
Laerdal Medical
Labcoco Corporation
Amsino International, Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.