Press release
The global medical suction devices market is projected to achieve a market value of USD 1275.0 Mn by 2029, witnessing a CAGR of 5.7 Percent during the forecast period. In 2021, it valued at USD 865 Mn.
Medical Suction Devices Market
The report provides a comprehensive analysis of the medical suction devices market, including its market value and volume estimation using a bottom-up approach. It covers the major driving factors, restraints, opportunities, and regional scope in key geographic regions, namely North America, Asia Pacific, South America, Middle East and Africa, and Europe.
The market analysis is segmented by type, machine, portability, and application, with detailed information on competitive benchmarking of major medical suction devices key players. The report includes insights into mergers and acquisitions and business strategies of twenty leading companies in the medical suction devices market. The data collection process involved primary and secondary research methods, including interviews with market leaders, opinions from business owners, and analysis through SWOT and PESTLE frameworks.
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Medical Suction Devices Market Dynamics:
The market growth is primarily driven by the increasing incidence of chronic pulmonary and respiratory diseases caused by pollution and the subsequent need for emergency care. Medical suction devices play a vital role in removing obstructions from the airways, such as mucus, saliva, blood, or secretions, during unconsciousness or medical procedures. The rise in chronic diseases related to lung irregularities and airflow obstruction fuels the demand for medical suction devices throughout the forecast period.
Furthermore, the global healthcare industry's growth and the demand for medical suction devices in various clinical procedures, including obstetrics, endoscopy, dental, and gastroenterology, contribute to market expansion. Technologically advanced suction instruments are extensively used in surgical operations, enhancing safety, efficiency, and accuracy. Increased healthcare spending and awareness, especially after the pandemic, further drive the growth of the Medical Suction Devices Market.
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Medical Suction Devices Market Regional Insights:
North America holds the largest market share in the Medical Suction Devices Market in 2022, with a projected CAGR of 3.1 percent during the forecast period. The shift towards home healthcare and the rising demand for compact and portable suction devices drive market growth in this region. The continuous advancements in medical devices, coupled with declining prices of medical suction instruments, further contribute to market expansion. The region experiences a growing burden of chronic diseases due to lifestyle changes, leading to increased demand for mobile suction devices.
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Medical Suction Devices Market Segmentation
By Type:
• AC-powered Devices
• Battery-powered Devices
• Dual-powered Devices
• Manually operated Devices
By Machine:
• Ordinary Electric Suction
• Artificial Abortion Electric Suction
• Gastric Lavage Electric Suction
By Portability:
• Hand Handled Devices
• Wall Mounted Devices
By Application:
• Airway Clearing
• Surgical
• Research and Diagnostics
By End User:
• Hospital
• Home
• Clinics
• Pre-hospitals
• Others
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Medical Suction Devices Market Key Competitors include:
• Allied Healthcare Products, Inc.
• MEDICOP d.o.o.
• Integra Biosciences AG
• Labconco Corporation
• Asahi Kasei Corporation
• Precision Medical, Inc.
• Amsino International, Inc.
• Medela AG
• ATMOS MedizinTechnik GmbH & Co. KG
• Laerdal Medical
• Drive Medical
• ZOLL Medical Corporation
• Welch Vaccum
• Amsino International Inc.
• Olympus Corporation
• SSCOR
• GPC Medical Ltd.
• Bharat Surgical Company
• Monarch Meditech
• Anand Medicaids Pvt. Ltd.
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Table of Content for Medical Suction Devices Market
1. Global Medical Suction Devices Market: Research Methodology
2. Global Medical Suction Devices Market: Executive Summary
• Market Overview and Definitions
• Introduction to Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Medical Suction Devices Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Medical Suction Devices Market Segmentation
• Global Market, by Type (2021-2029)
• Global Market, by Machine (2021-2029)
• Global Market, by Portability (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by End User (2021-2029)
5. Regional Medical Suction Devices Market (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Machine (2021-2029)
• Regional Market, by Portability (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End User (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Type, Machine, Portability, Application and End User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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