Medical Suction Devices Market: Current Analysis and Forecast (2022-2028)
Medical suction devices are equipment used to remove debris and fluid from a wound, body cavity, or other medical site. It is generally used in hospitals, clinics, and other healthcare settings to help clean and prepare wounds for closure. The increasing number of surgical procedures are being performed globally which boosts the growth of the medical suction devices market. According to the National Institute of Health, in 2020, globally, a staggering 310 million major surgeries are performed each year and around 40 to 50 million in the USA and 20 million in Europe. As the worldwide population ages, the incidence of chronic diseases such as diabetes and obesity is rising. This is leading to a higher demand for medical suction devices, as individuals require surgical procedures and wound care.
The Medical Suction Devices Market is expected to grow at a strong CAGR of 4.5% during the forecast period owing to the increasing advancements in medical technology. For instance, in May 2020, Medela AG, introduced a new US production line of its Vario 18 AC Portable Suction Pumps which up to 10,000 units are to be produced and shipped to the local hospitals and healthcare facilities to meet the acute demand.
Based on portability, the market is segmented into portable, and non-portable. Amongst these, the non-portable segment held a significant share of the market in 2021. This is mainly attributed to the rising number of emergency cases and surgeries globally. In 2020, approximately 310 million major surgeries will be performed worldwide, with 40 to 50 million taking place in the United States and 20 million taking place in Europe reported by the National Institutes of Health. Furthermore, an increase in the number of hospitals and clinics drives the segment of the non-portable suction devices market. This is widely used in emergency care facilities globally, which makes surgeons' visibility better and lowers the risk of complications, and provides safe and effective care to their patients.
On the basis of end-use, the market is segmented into respiratory, gastric, wound suction, and delivery rooms. As per our analysis, the gastric segment is expected to grow at a substantial CAGR during the forecasted period. It is anticipated that the demand for medical suction devices will be driven by an increase in the use of these devices in gastric suction to alleviate pressure from blocked intestines or to remove poisons, harmful chemicals, or pills that have been taken too much from the stomach. As per the National Institute of Health, in 2021, around 40% of persons worldwide have Functional gastrointestinal disorders (FGIDs).
For a better understanding of the market adoption of the Medical Suction Devices industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, UK, France, Norway, Switzerland, Denmark, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Rest of World. North America held a significant share of the market in 2021 owing to the widespread use of suction devices in the treatment of chronic respiratory conditions and other surgical procedures, as well as the straightforward availability of advanced technologies, the market is anticipated to expand in this region. In addition, in countries like the United States and Canada, there has been an increase in hospital admissions and emergency room visits in recent years due to the high prevalence of chronic medical conditions and fatal injuries. As per the World Health Organization, on 20 June 2022, every year the lives of approximately 1.3 million people are cut short as a result of a road traffic crash. Between 20 and 50 million more people suffer non-fatal injuries, with many incurring a disability as a result of their injury. The rising number of healthcare facilities and the higher rate of adoption of these devices in the home care services industry is also contributing to growth in North America.
Some of the major players operating in the market include Allied Healthcare Products, Inc.; Medicop; Integra Biosciences AG; Labconco; Asahi Kasei Corporation; Bio-Techne; Amsino International, Inc.; Medela AG; ATMOS MedizinTechnik GmbH & Co. KG; Laerdal Medical.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Process of the Medical Suction Devices Market
2.2. Research Methodology of the Medical Suction Devices Market
2.3. Respondent Profile
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 GLOBAL MEDICAL SUCTION DEVICES MARKET COVID-19 IMPACT
6 GLOBAL MEDICAL SUCTION DEVICES MARKET REVENUE, 2020-2028F