Surgical Suction Instruments Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Surgical Suction Instruments Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Surgical Suction Instruments market studied is anticipated to grow with a CAGR of 4.9%, during the forecast period.

The COVID-19 pandemic has been continuing to transform the growth of various markets. However, the immediate impact of the outbreak varied across countries. The COVID-19 outbreak worldwide and the lockdown situation across several countries have posed challenges for the surgical equipment market due to postponements of surgical services by hospitals and clinics to prevent the spread of the COVID-19 virus. For instance, in April 2022, Nova Scotia’s QEII Health Sciences Centre decided to postpone most non-urgent and elective surgeries due to an increasing number and understanding of patients with COVID-19 in the hospital. Such factors are likely to hurt the demand for surgical equipment. These cancellations created a backlog that may need to be cleared after the COVID-19 disruption calms down. As a result, the demand for surgical equipment is expected to witness growth shortly, which could expand the development of the market over the coming years. For instance, in April 2022, the Victorian government reported investing USD 1.5 billion to address its growing elective surgery waitlist as part of a catch-up scheme that will increase surgical capacity by one quarter. The COVID Catch-Up Plan will raise capacity to 125 percent by 2023, with 40,000 additional surgeries in the next year. Thus the outbreak of the pandemic is expected to contribute to the growth of the market during the pandemic period.

Certain factors that are driving the market growth include an increasing number of surgeries, rising healthcare expenditures, and technological advancements. For instance, as per a September 2020 published article titled "Estimation of the National Surgical Needs in India by Enumerating the Surgical Procedures in an Urban Community Under Universal Health Coverage," an estimated 5,000 surgeries are required to meet the surgical burden of diseases of around 100,000 people in low- and middle-income countries (LMICs). Additionally, as per the same source, the reported rates of surgery vary from 295 in low- and middle-income countries (LMICs) to 23,000 in high-income countries (HIC) per 100,000 population. Moreover, per the Organization for Economic Cooperation and Development (OECD), the number of cataract surgical procedures reported in 2020 in Turkey was 393,901. According to the same source, the number of hip replacement procedures in Italy in 2020 was 84,647, and cesarean section procedures were approximately 114,601. Thus, this growth in the number of surgical procedures will likely increase the demand for surgical equipment, thereby contributing to market growth.

Thus the above mentioned factors are expected to drive the growth of the market during the forecast period.

Key Market TrendsDisposable Suction Instruments in the Global Surgical Suction Instruments Market Hold a Significant Share Over the Forecast Period

Hospitals across the world are recognizing the benefits of switching to single-use devices and surgical suction instruments reducing the risk of patient-to-patient cross-contamination as well as saving the time and cost involved in reprocessing.

The traditional alternative to single-use instruments is reusable instruments, which have inherent risks when it comes to infection of patients and reliability. Reusable instruments can be perceived to offer false economies to healthcare practitioners and health institutions as a result of these risks.

According to the Centers for Disease Control and Prevention, Hospital Associated Infection Progress report 2020, in the United States, there are 425 surgical site infections were observed due to open reduction of the fracture, 222 due to gall bladder surgery, 311 due to laminectomy surgery, and 496 due to cesarean section surgery. Such a high incidence of surgical site infection in the country is expected to drive the growth of the studied segment. Hence, by switching to sterile single-use suction instruments, healthcare practitioners would virtually eliminate these associated risks.

Also, the increasing product launches are expected to drive the growth of the studied segment. For insstance, in January 2021, Ho Dental company launched disposable AiroPur Dental suction cup which can be easily attached to the HVE hose. Thus the above-mentioned factors are expected to drive the growth of the studied segment during the forecast period.

North America Dominates the Global Surgical Suction Instruments Market Over the Forecast Period

North America is expected to dominate the overall market, throughout the forecast period. The growth of the United States market can be attributed to better regulations of surgical devices and growing awareness among the population to approach for such procedures in case of injuries and chronic disease problems. According to the study titled 'Trauma of major surgery' published in July 2020, about 50 million surgeries are performed in the United States. The rising prevalence of cardiovascular disorders and obesity rates is attributed to the market growth in this region. As per the 'Cardiac Bypass surgeries' Article published by the University of Alabama in November 2021, Nearly 350,000 Coronary Artery Bypass Graft (CABG) Surgeries are done each year in the United States.

Additionally, according to the Center for Diseases Control and Prevention, in 2020, about 600,000 women in the United States have a hysterectomy every year, about 460,000 United States residents have a cholecystectomy, and 1.3 million pregnant women seek C-section in the United States. All these procedures require surgical suction instruments, boosting the market growth in the country.

Moreover, the companies have well-established direct channel collaboration with hospitals and clinics to serve the surgical suction instruments market. Also, the increasing need for the usage of surgical suction devices is expected to drive the growth of the market. According to the article titled " Advances in laparoscopic surgeries and CFD perspective of suction-irrigation devices" published in February 2021 the need for suction-irrigation devices in almost every surgery, from an open incision to laparoscopic, is well recognized by all different kinds of surgeons, which is expected to boost the studied market.

Thus the above-mentioned factors are expected to drive the growth of the market during the forecast period in this region.

Competitive Landscape

The global Surgical Suction Instruments market is competitive and consists of a number of major players. Companies like Allied Healthcare Products, Wellell Inc., Applied Medical Resources Corp., Bel-Art Products, Bionix, Cantel Medical, Cardinal Health, CONMED Corporation, Medline Industries, Inc.., among others, hold substantial market share in the market.

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