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Medical Suction Device Market Growth, Share and Size Analysis with Global Key Players - Precision Medical, Inc., Siemens Healthcare Private Limited, Olympus Co., Medico, Inc. Etc. During 2019-2023
Medical Suction Device Market
ATMOS MedizinTechnik GmbH & Co. KG (Germany), Allied Healthcare (UK), Drive Medical (US), INTEGRA Biosciences AG (Switzerland), Precision Medical, Inc. (US), Siemens Healthcare Private Limited (Germany), Olympus Corporation (Japan), Medico, Inc. (US), SSCOR, Inc. (US), ZOLL Medical Corporation (US), Labconco (US), Amsino International, Inc. (US), Welch Vacuum (US), and Laerdal Medical (Norway)
Medical Suction Device Market - Segmentation
The Global Medical Suction Device Market is segmented based on types, applications, suction parts and end users.
Based on types, the market is segmented: electric powered, battery-powered, dual, manual and others. Based on applications, the market is segmented into surgical, research and other. Surgical is further segmented into respiratory diseases, childbirth and others.
Based on suction parts, it is segmented: vacuum pump, bacterial filter, vacuum gauge, moisture or debris trap, suction catheter and others. Based on end users, the market is segmented into homecare, hospital, clinics, and others.
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Medical Suction Device Market – Insights
The Global Medical Suction Device Market is anticipated to expand at 4.5 % CAGR over the forecast period (2017-2023) owing to the growing prevalence of respiratory diseases, asserts Market Research Future (MRFR). Medical Suction Devices are installed in hospitals for various medical reasons such as respiratory condition where the secretion of serum and mucus has to be removed from the body. These suction devices help a patient to expel mucus or serum out of the body manually.
Industry News:
Zirc has introduced a new hands-free suction device named The Pink Petal. The device slides into the saliva ejector and provides comfortable and continuous hands-free suction with no additional attachments. The device holds the saliva ejector exactly where it is required at the back corner of a patient’s mouth without obstructing the view.
Olympus Corporation a Japanese manufacturing company is specialized in optical and digital precision technology. It is a global leader in medical systems market. Olympus has several ranges of suction pumps available such as Olympus kv-5 suction Pump, Olympus kv-4 suction pump and Olympus ssu-2 suction pump. KV-6 pump is more popular because of its compact design, high suction performance as well as the maximal flexibility of use.
Weinmann Geräte für Medizin GmbH + Co. KG is a company specialized on medical systems was founded on 1874. They have a robust suction design for cleaning of airways. They have a different range of suction pump; MANUVAC for manual suction, ACCUVAC Pro and ACCUVAC Lite for electric suction and oxygen or compressed gas-operated suction with OMNIVAC.
ATMOS MedizinTechnik GmbH & Co. KG is one of the global leaders in medical suction device. It has four different categories of suction devices for different applications i.e Respiratory tract suction, surgical suction. Thorax drainage, Wound&Vacuum extraction. ATMOS NPWT pump is a revolutionary product which enhances wound healing using negative Pressure therapy and has fewer side effects in comparison to its competitor’s product. Atmos 351 Natal is a suction device used for vacuum assisted normal delivery. It is faster safe and less painful in comparison to forceps delivery.
Future Drivers and Constraints Impacting the Market
Medical Suction Devices are used in various surgical procedures like delivery of a baby, respiratory surgery, and others. With the rapid technological advancements, growing birth rate, growing prevalence of respiratory diseases, and rising birth rate, the global medical suction device market is expected to propel over the assessment period. Additionally, growing population, increasing geriatric population, and need for advanced technology are also anticipated to stimulate the market growth over the review period. Moreover, constant rise in chronic diseases and decline in the prices of medical suction devices is also expected to foster the market growth across the globe.
On the flip side, the strict reimbursement policy for suction devices is anticipated to inhibit the market growth of the medical suction device market globally over the assessment period. Also, limited compensation approved for the home care segment is hampering the market growth over the review period.
Medical Suction Device Market - Regional Analysis
The America dominates the Global Medical Suction Device Market, which is followed by Europe. The Americas medical suction device market growth is attributed to increasing number of patients with respiratory diseases, large geriatric population, high healthcare spending, and well-developed healthcare sector.
The European medical suction device market is growing due to increasing government support to research & development, high healthcare expenditure, and increasing birth rate. According to the OECD, the healthcare expenditure in Germany was EUR 321 billion in 2014, which is followed by France with healthcare expenditure of EUR 237 billion. According to the Eurostat, in 2015, the average birth rate in Europe was 1.6 children per woman. Asia Pacific market shows the fastest growth owing to the presence of the huge patient population and rapidly developing economies. However, the Middle East & Africa region holds the least market share with a steady growth due to limited healthcare spending and less development in the medical sector.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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