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Medical Suction Devices Market Analysis by Type (AC-Powered, Battery-Powered, Dual, Manually Operated), Application (Surgical, Airway, R&D), Portability (Handheld, Wall-Mounted), End User and Key Company Profiles

07-12-2021 01:00 PM CET | Health & Medicine

Press release from: ReportsnReports

Medical Suction Devices Market research analysis and data lend a hand to businesses for the planning of production, product launches, costing, inventory, purchasing, and marketing strategies. The company profiles of all the chief and dominating market players and brands who are taking steps such as product launches, joint ventures, mergers, and acquisitions are mentioned in the report. The Medical Suction Devices Market report includes a systematic investigation of the current scenario of the market, which covers several market dynamics. The Medical Suction Devices Market business report provides the supreme base for the competitor analysis, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

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Company profiles covered in this Medical Suction Devices Market report can be quite useful for making any revenue, import, export, and consumption-related decisions for the business. Moreover, this market report includes momentous data, current market trends, market environment, technological innovation, upcoming technologies, and the technical progress in the related industry. A study on market overview is conducted by considering market drivers, market restraints, opportunities, and challenges in the Medical Devices industry. This market research report also provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years. Analysis and estimation of important industry trends, market size, and market share are also mentioned in the Medical Suction Devices Market report.

Major factors contributing to the growth of the global medical suction devices market include the paradigm shift from traditional healthcare settings to home healthcare and the increasing need for compact and portable devices. Moreover, the rising adoption of home care has led to the increased demand of portable suction devices, as they are reliable & easy to use and have high durability & robustness. This helps healthcare providers and patients to use suction devices without any assistance. The other factors contributing to the growth of this market include rising aging population (with the rising aging population the need for emergency care increases, which in turn increases the demand for handheld devices that provide instant relief to patients), declining prices of suction devices, rising incidences of chronic respiratory diseases, and rise in the number of surgical procedures (which have increased the usage of suction devices that are specifically used during surgeries). In addition, emerging markets have opened an array of opportunities for players in the medical suction devices market; however, the highly commoditized market and limited reimbursement policies could hinder the growth of this market to a certain extent during the forecast period.

North America commands the largest share of the global medical suction devices market in 2015 and is expected to grow at a second-highest growth rate from 2015-2020. According to the Centers for Disease Control and Prevention (CDC), in 2014, chronic diseases accounted for 7 out of 10 deaths and 86% of healthcare costs in the U.S. It was reported that ~50% of Americans suffer from at least one chronic disease. Considering the potential of suction devices in the treatment of chronic respiratory diseases, the suction devices market is expected to flourish in the coming years, provided these devices get rapid market approvals.

Apart from the comprehensive regional analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise basic views on key players and their product portfolios, developments, and strategies adopted. The above mentioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographical focus, and change in strategic approach; R&D investments; and levels of output in order to remain successful.

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner a greater market share. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of top players in the medical suction devices market. The report analyzes the medical suction devices market by type, portability, application, end user, and region

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the medical suction devices market

Competitive Assessment: In-depth assessment of market strategies, geographical and business segments, and product portfolios of the leading players in the medical suction devices market

Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for medical suction devices across geographies

Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the medical suction devices market

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.3 Key Industry Insights
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Market, By Portability
4.2 Market, By Type
4.3Market, By Application
4.4 Market, By End User
4.5 Geographic Snapshot: Market

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Market Segmentation, By Portability
5.2.2 Market Segmentation, By Application
5.2.3 Market Segmentation, By Type
5.2.4 Market Segmentation, By End User
5.2.5 Market Segmentation, By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Shift From Traditional Healthcare Settings to Homecare Settings
5.3.1.2 Growing Need for Compact and Portable Devices
5.3.1.3 Declining Prices of Medical Suction Device Increasing Their Uptake in Emerging Countries
5.3.1.4 Rising Incidence of Chronic Diseases
5.3.2 Restraints
5.3.2.1 Limited Reimbursement for Suction Devices
5.3.2.2 Highly Commoditized Market
5.3.3 Opportunities
5.3.3.1 Untapped Emerging Markets
5.3.4 Challenges
5.3.4.1 Stringent Regulatory Guidelines
5.3.4.2 Growing Entry of Local Players

6 Industry Insights
6.1 Introduction
6.2 Pricing and Reimbursement Scenario
6.3 Product Pipeline Analysis
6.3.1 Trend of Clinical Studies
6.3.2 Purpose of Clinical Study

7 Medical Suction Device Market, By Portability
7.1 Introduction
7.2 Handheld Suction Devices
7.3 Wall-Mounted Suction Devices

8 Medical Suction Device Market, By Type
8.1 Introduction
8.2 Ac-Powered Devices
8.3 Battery-Powered Devices
8.4 Dual-Powered Devices
8.5 Manually Operated Devices

9 Medical Suction Device Market, By Application
9.1 Introduction
9.2 Airway Clearing
9.3 Surgical Applications
9.4 Research and Diagnostics

10 Medical Suction Device Market, By End User
10.1 Introduction
10.2 Hospitals and Clinics
10.3 H0me Care
10.4 Prehospitals
10.5 Other End Users

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 U.K.
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe (RoE)
11.4 Asia-Pacific
11.4.1 Australia
11.4.1.1 Market Share Analysis
11.4.2 New Zealand
11.4.2.1 Market Share Analysis
11.5 Rest of the World (RoW)
11.5.1 Latin America
11.5.2 Middle East
11.5.3 Africa

12 Patent Analysis
12.1 Patent Family Scenario
12.2 Major Assignees in Suction Devices
12.3 Major Inventors in Suction Devices
12.4 Filing Trends in Suction Devices
12.5 Major IPCS in Suction Devices
12.6 Major Geographies in Suction Devices

13 Competitive Landscape
13.1 Overview
13.2 Market Share Analysis (Global)
13.3 Competitive Situation and Trends
13.3.1 New Product Launches
13.3.2 Expansions
13.3.3 Acquisitions
13.3.4 Partnerships

14 Company Profile
14.1 Allied Healthcare Products, Inc.
14.2 Amsino International, Inc.
14.3 Atmos Medizintechnik GmbH & Co. Kg
14.4 Drive Medical
14.5 Integra Biosciences
14.6 Labconco Corporation
14.7 Laerdal Medical
14.8 Medela Holding AG
14.9 Medicop
14.10 MG Electric Ltd.
14.11 Olympus Corporation
14.12 Precision Medical, Inc.
14.13 Sscor, Inc.
14.14 Weinmann Geräte Für Medizin GmbH + Co. Kg
14.15 Welch Vacuum (A Gardner Denver Company)
14.16 Zoll Medical Corporation (An Asahi Kasei Group Company)

*Details on Financials, Products & Services, Key Strategy, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix
15.1 Insights From Industry Experts
15.2 Discussion Guide
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customizations
15.5 Related Reports

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