Global Medical Suction Device Market Overview:
Medical suction devices are used to remove substances such as saliva, blood, mucus, and vomit from a person’s airway. Moreover, it helps the patient to breathe smoothly. These devices can be operated by manual hand pumps, electrically or by batteries. Medical suction devices play a dynamic role in pulmonary hygiene which is used for cleaning the airways and prevent the growth of the microorganism.
As per latest study released by AMA Research, the Global Medical Suction Device market is expected to see growth rate of 6.0%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Market Growth Drivers:
A rise in the Number of Surgical Procedures, Growth in the Demand of Compact and Portable Devices and The Rise in the Number of Chronic Respiratory Diseases
Challenges:
Restricted Regulatory Guidelines
Restraints:
Restricted Reimbursement for Suction Devices
Opportunities:
Rising Geriatric Population Globally and Technological Advancements in Medical Suction Devices
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Laerdal Medical (Norway), Labconco Corporation (United States), ZOLL Medical Corporation (United States), Precision Medical, Inc. (United States), Medela Holding AG (Switzerland), Amsino International, Inc. (United States), INTEGRA Biosciences (Switzerland), Welch Vacuum (United States), Drive Medical (United States) and Allied Healthcare Products, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Olympus Corporation (Japan), MG Electric Ltd. (United Kingdom), Medicop (Slovenia), ATMOS Medizintechnik GmbH & Co. KG (Germany) and SSCOR, Inc. (United Kingdom). Analyst at AMA Research see United States Players to retain maximum share of Global Medical Suction Device market by 2030. Considering Market by Portability, the sub-segment i.e. Hand-held will boost the Medical Suction Device market. Considering Market by Vacuum Systems, the sub-segment i.e. Manual will boost the Medical Suction Device market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Medical Suction Device market.
Latest Market Insights:
In November 2022, CRO Medical, a commercial-stage medical device company committed to bringing hospital-equivalent care to the field and improving trauma care in the military and civilian medical markets, launched the innovative CRO Suction Unit to perform various medical procedures requiring suction near the point of injury.
In November 2022, ECIL handed over the vacuum-assisted delivery systems to General Hospital, Siddipet, India, and informed them that the vacuum delivery system supports gentle, smooth deliveries and allows doctors to execute safe, individualized interventions. This initiative will help around 3600 pregnant women in the district.
What Can be Explored with the Medical Suction Device Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Medical Suction Device Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Medical Suction Device
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Medical Suction Device market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Medical Suction Device market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Medical Suction Devices Manufacturers, Medical Suction Devices Sub Component Manufacturers, Medical Suction Devices Traders/Distributors, Medical Suction Devices Importer/Exporter, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.