Press release
Surgical Suction Pumps Market Shares, Trend and Growth Report by 2018-2028
Increased demand in gynecology and obstetrics procedures, growing demand for cosmetic surgeries requiring liposuction and growing applications of minimally invasive procedures because of less healing time and less risk of complications are factors expected to drive the growth of the surgical suction pumps market over the forecast period. There is also an increased adoption of suction pumps in point-of-care facilities, which further contributes to the growth of the surgical suction pumps market. However, there is a certain risk associated with the damage of internal structures, which might hinder the growth of the surgical suction pumps market. Poor reimbursement coverage and heavy prices are also expected to act as a barrier in the growth of the surgical suction pumps market.
The electric vacuum powered systems segment is expected to capture large share in the global market. This is attributed to increase in adoption and awareness of surgical suction pumps in hospitals and surgical settings. The portable surgical suction pumps segment is expected to account significant share in the global market over the forecast period due to their high adoption in the home care setting and increased demand for user-friendly devices. The fixed surgical suction pump segment is also expected to witness lucrative growth over the forecast period due to increasing adoption of liposuction by a large patient pool along with the high prices of surgical suction pumps. The increased number of surgeries in hospitals, ambulatory surgical centers and other healthcare facilities is also expected to contribute to the growth of surgical suction pumps market over the forecast period.
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North America is expected to be the fast-growing and one of the large regional markets for surgical suction pumps owing to presence of key players in the region, improved healthcare infrastructure and better regulatory approvals. Asia Pacific is also expected to be the fast-growing surgical suction pumps market due to expected rise in the target population pool, rise in the number of surgeries performed, improved healthcare expenditure and assessment. Europe is expected to grow at a moderate rate over the forecast period due to less regulatory approvals and average GDP per capita.
Examples of some of the key participants operating in the surgical suction pumps market are Medtronic, Hersill, Allen Medical Systems, Arthrex Inc., Stryker, Medela, Nouvag, Ceabis, MedGyn Products Inc., Besko Medical, Axion, Atmos, 3A Medical, Dixion and Allied Healthcare Products Inc.
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