Global Medical Suction Devices Market Size/Share Projected to Surpass USD 1.75 Billion By 2032, With 4.4% CAGR Increase: Polaris Market Research
NEW YORK, Nov. 27, 2023 /PRNewswire/ — A latest research report [110+] pages with 360-Degree visibility, titled “Medical Suction Devices Market Share, Size, Trends, Industry Analysis Report, By Portability (Portable, Non-portable), By Vacuum System, By End-Use, By Region, And Segment Forecasts, 2023 – 2032” published by Polaris Market Research in its research repository.
According to [115+ Pages] research report, the global medical suction devices market size and share is predicted to grow from USD 1.14 billion in 2022 to USD 1.75 billion in 2032. It is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.4% from 2023 to 2032, according to the latest report by Polaris Market Research.
What are Medical Suction Devices? How Big is Medical Suction Devices Market Size?
A medical suction device, also known as an aspirator, is a medical device utilized to get rid of fluids and gases such as mucus, vomit, blood, saliva, serum, or alternate discharge from the body cavities of the patient. These cavities might involve the lungs, mouth, or even the skull. The rapidly rising demand for medical suction devices market can be attributed to the fact that they are engaged in the course of in progress medical processes. Anyhow a single jar suction or a double jar suction device, they serve many fundamental functions in pre-hospital, in hospital, and unceasing patient care further on just separating obstacles.
The medical suction devices market growth can be attributed to growing cases of detrimental respiratory illnesses involving critical lower respiratory tract infections, Chronic Obstructive Pulmonary Diseases (COPD), and asthma. At the same time, the growing use of suction devices in several medical procedures additionally assists in this growth. Additionally, the escalating propensity towards home healthcare solutions, together with the depreciating prices of these devices, is making them more attainable and reasonable, thereby smoothening their wider acquisition.
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Which are the Largest Medical Suction Devices Companies in the World?
- Allied Healthcare Products
- Amsino International
- ATMOS MedizinTechnik
- Drive Medical
- Integra Biosciences
- Labcoco Corporation
- Laerdal Medical
- Olympus Corporation
- Precision Medical
- Welch Vacuum
- ZOLL Medical
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Important Highlights from the Report
- Growing cases of detrimental respiratory illnesses involving critical lower respiratory tract infections are pushing the demand for the market.
- Growing inclination towards home healthcare solutions is attributing towards market expansion.
- The medical suction devices market segmentation is primarily based on portability, vacuum systems, end-use, and region.
- North America has dominated the market with the largest share in 2022.
Medical Suction Devices Market Details
Market value in 2023
USD 1.18 billion
Market value in 2032
USD 1.75 billion
4.4% from 2023-2032
Market’s Prime Determinants of Growth, Trends, and Opportunities
Growth of detrimental respiratory illnesses: The growing existence of detrimental respiratory illnesses notably pushes the growth of the market. The medical suction devices market size is expanding as principally the worldwide weight of chronic obstructive pulmonary disease (COPD) and asthma is sizeable, as proofed by WHO’s 2019 report, which signifies that likewise 65 million persons are challenged with moderate to grave COPD leading to roughly 3.2 million yearly deaths accountable to this disease.
Growing cases of asthma: Asthma, an existing detrimental illness, impact a sizeable population, with an approximated 262 million persons encountering its impact in 2019, particularly among children. The medical suction devices market sales are soaring as provided that these conditions are linked with escalated airway discharge that can possibly barricade the airways; the demand for these devices is anticipated to rise over the predicted period because of their important role in inscribing this challenge.
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Trends and Opportunities
Growing aging population: As the maturing population increases, their augmented awareness of detrimental respiratory conditions is anticipated to assist in the market’s augmentation. The growing demand for compressed and mobile suction devices customized for usage in the home care environment is an undeviating result of this trend. Additionally, the upswing in surgical procedures is secured to boost the demand for these devices, further pushing their sales and market growth.
- The Non-Portable Devices Segment Collected the Largest Share
Based on portability, the non-portable devices segment collected the largest share in 2022. The medical suction devices market demand is on the rise as this sizeable revenue share is foremost credited to the proportionate escalated prices connected with non-portable apparatus. The growing gain of clinics and hospitals additionally pushes the growth ambit of this segment. Non-portable aspirators detect extensive usage within hospital backgrounds, dentist offices, and several healthcare spaces where patients usually do not need transportation. The future years are confident of observing an escalated demand for non-portable suction devices pushed by elements such as emergency situation and surgical mediation.
- The Electrically Powered Segment Dominated the Market
Based on the vacuum system, the electrically powered segment dominated the market. The medical suction devices market trends include its varied intrigue involving an assorted array of devices customized for clear cut applications, additionally pushed by its foolproof nature and strong suction potential. Further, the escalating approval of electrically powered aspirators, indebt much to their enhanced transparency, is advocated by an escalating worldwide identification. This, in collaboration with the proliferating existence of prehospital and disaster care frameworks covering the globe has peaked in a sizeable segment of the market’s revenue being credited to this segment. The confluence of these elements highlights the segment’s outstanding growth orientation.
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Which Country has the Largest Medical Suction Devices?
North America: The medical suction devices market in North America holds the largest share due to the existence of well-entrenched healthcare provisions and the prepared obtainability of progressive technology. The escalated usage of suction devices in the cure of detrimental respiratory illnesses and several surgical procedures behave as an important propeller for market growth. Additionally, countries such as the US and Canada have observed a sizeable upsurge in disaster department visits and hospital entries deriving from the augmented existence of detrimental medical conditions and important injuries.
Asia Pacific: This region is anticipated to grow at a fast pace due to the confluence of elements such as the aging demographic, the speedy resurgence of robust economies, and an elevated consciousness of healthcare proceedings pushing the growth of the regional market. The proliferating geriatric population and the growing existence of detrimental respiratory illnesses stick out as notable benefactors to the escalated demand for medical suction devices. Additionally, the region’s industry development is expected to be sustained by the thriving medical tourism sector, the ongoing augmentation of the earmarked patient population, and the continuing improvisation in the healthcare sector.
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Polaris Market Research has segmented the medical suction devices market report based on portability, vacuum system, end-use, and region:
Medical Suction Devices, Portability Outlook (Revenue – USD Billion, 2019 – 2032)
Medical Suction Devices, Vacuum Systems Outlook (Revenue – USD Billion, 2019 – 2032)
- Electrically Powered
Medical Suction Devices, End-Use Outlook (Revenue – USD Billion, 2019 – 2032)
- Wound Suction
- Delivery Rooms
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About Polaris Market Research:
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