Medical Suction Devices Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Medical Suction Devices Market By Type (Ac-Powered Devices, Battery-Powered Devices, Dual-Powered Devices, Manually Operated Devices), Portability (Hand-held, Wall-Mounted Suction Devices), Application (Surgical, Airway, R&D), End-User (Hospitals & Clinics, Home Care, Prehospitals), and Geography

 

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Description

Global Medical Suction Devices Market Report Description:

Global market report gives comprehensive outlook on medical suction devices across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global  market gives historical, current, and future market sizes (US$ Mn) on the basis of type, test type, portability, applications, end user, and region. This report studies global medical suction devices market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global medical suction devices market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global medical suction devices products.

 

Global Medical Suction Devices Market:

The global medical suction devices market estimated to be valued US$ XX Mn in 2019 and poised to grow at significant CAGR over 2020-2026 owing to increase in the prevalence of respiratory diseases such as COPD, asthma, and other chronic lung diseases all over the world. Additionally, increase in aging population, declining prices of suction devices, increase in the air pollution, increase in the awareness regarding the suction devices, and advanced healthcare systems in developed countries are expected to enhance the sales of the medical suction devices market.

 

Increase in the Prevalence of Respiratory Diseases

Increase in the prevalence of respiratory diseases like asthma, COPD, and other chronic respiratory diseases is a key factor drive the global medical suction devices market. According to World Health Organization, about 65 million people suffer from chronic obstructive pulmonary disease (COPD) and 3 million die from it each year, which makes it the third leading cause of death worldwide. About 334 million people suffer from asthma, the most common chronic disease of childhood affecting 14% of all children globally. Increase in awareness regarding the airway clearing systems, the raise in funding for the R&D activities by public and private sectors are anticipated to propel the global pulmonary function testing market over the forecast years

 

North America Holds the Highest Market Revenue Share in Global Medical Suction Devices Market

North America accounted for larger revenue share in global medical suction devices market with significant CAGR owing to enhanced the affordability for various airway clearance treatment services, increasing number of people diagnosed with COPD and asthma, increase in geriatric population, advanced healthcare infrastructure and presence of leading market players in the region are expected to increase the growth of the market over the forecasted years. Asia Pacific region is expected to grow at a significant growth rate over the forecast years owing to the increasing prevalence of respiratory problems, increasing healthcare awareness regarding the respiratory testing systems and presence of high patient pool.

 

Competition Assessment

  • Allied Healthcare Products Inc. (U.S.),
  • ATMOS MedizinTechnik GmbH & Co. KG (Germany),
  • Drive Medical (U.S.),
  • INTEGRA Biosciences (Switzerland),
  • Medela Holding AG (Switzerland),
  • Medicop (Slovenia),
  • Precision Medical, Inc. (U.S.),
  • SSCOR, Inc. (U.S.),
  • ZOLL Medical Corporation (U.S.),
  • Laerdal Medical (Norway),
  • MG Electric Ltd (Colchester),
  • Labconco Corporation (U.S.),
  • Welch Vacuum (U.S.),
  • Amsino International Inc. (U.S.)
  • Olympus Corporation (Japan)

 

Key Findings of the Report:

 

  • Global medical suction devices market expanding at significant CAGR over 2020 to 2026 owing to rising prevalence of chronic disorders and rising advancements in technology for the development of new products and drugs
  • Based on portability, hand held devices accounted for larger market revenue share in 2019 and projected to gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global medical suction devices market

 

Detailed Segmentation

 

 By Type

  • Ac-Powered Devices
  • Battery-Powered Devices
  • Dual-Powered Devices
  • Manually Operated Devices

 

By Portability

  • Hand-held
  • Wall-mounted suction devices

 

By Application 

 

By End User

  • Hospitals & Clinics
  • Home Care
  • Prehospitals

 

Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


Location

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PBI Location Map

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