openPR Logo
Press release

Demand for Medical Suction Devices Market is forecasted to reach a value of US$ 1.8 billion by 2033

02-20-2024 03:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Demand for Medical Suction Devices Market is forecasted to reach

The global medical suction devices market is expected to grow at a compound annual growth rate (CAGR) of 4%. It is projected to increase from a valuation of US$ 1.2 billion in 2023 to reach US$ 1.8 billion by the end of 2033.

Market Dynamics

Medical suction devices play a critical role in healthcare settings, assisting in the removal of bodily fluids, tissues, and surgical fluids during procedures. The global medical suction devices market is primarily driven by the increasing number of surgical procedures, the rising prevalence of chronic respiratory diseases, and the growing demand for homecare settings.

For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=5434

Technological advancements have led to the development of portable and compact suction devices, making them more user-friendly and efficient. Additionally, the rising geriatric population, coupled with the increasing incidence of respiratory disorders, is expected to further boost market growth.

However, factors such as high costs associated with advanced suction devices and stringent regulatory requirements may hinder market growth to some extent. Moreover, the lack of skilled healthcare professionals in some regions could pose a challenge to market expansion.

List of Key Companies Profiled in The Report

Welch Vacuum
Labcoco Corporation
Allied Healthcare Products Inc.
INTEGRA Biosciences AG
Medicop Inc.
SSCOR, Inc.
Drive Medical
ZOLL Medical Corporation
Laerdal Medical
Precision Medical Inc.
Amsino International, Inc.
Olympus Corporation

Market Future Outlook

The global medical suction devices market is expected to witness significant growth in the coming years. Factors such as the increasing adoption of minimally invasive surgical procedures, the rising prevalence of respiratory diseases, and the growing demand for homecare settings are expected to drive market growth.

Furthermore, technological advancements, such as the integration of digital technology in suction devices and the development of portable and lightweight devices, are anticipated to fuel market expansion. Additionally, the growing healthcare infrastructure in emerging economies and the increasing awareness about the benefits of suction devices are likely to create lucrative opportunities for market players.

Market Insights

The medical suction devices market is segmented based on product type, application, end user, and region. On the basis of product type, the market is divided into handheld suction devices, wall-mounted suction devices, and portable suction devices. The portable suction devices segment is expected to witness significant growth, owing to their ease of use and portability.

Based on application, the market is classified into surgical procedures, respiratory diseases, and others. The surgical procedures segment is anticipated to dominate the market, driven by the increasing number of surgeries worldwide.

By end user, the market is segmented into hospitals, clinics, homecare settings, and others. The hospitals segment is expected to account for the largest share of the market, owing to the high demand for suction devices in surgical and emergency settings.

Want Full Report? Enquire Here- https://www.factmr.com/report/5434/medical-suction-devices-market

Geographically, North America is expected to dominate the global medical suction devices market, followed by Europe. This can be attributed to the presence of well-established healthcare infrastructure, technological advancements, and the high adoption rate of advanced medical devices in these regions. However, the Asia-Pacific region is projected to witness rapid growth, owing to the increasing healthcare expenditure, rising geriatric population, and growing awareness about healthcare.

Recent Developments

Leading companies in the medical suction devices market are concentrating on innovation, quality control, and partnerships to extend their market presence. They are also focusing on cost reduction, enhancing product standards, and improving supply chain management to broaden their customer base.

For example, TESUKO introduced Power-Vac, a medical gas-driven suction device. This device is activated by a venture and includes two power take-off connectors for linking with oxygen sources. It is designed for use in hospitals, life support, and situations where patients need oxygen and suction therapy.

Explore More Related Studies Published by Fact.MR Research:

Dermatology Devices Market: https://www.factmr.com/report/97/dermatology-devices-market

Radiotherapy Devices Market: https://www.factmr.com/report/77/radiotherapy-devices-market

Speech Generating Devices Market: https://www.factmr.com/report/53/speech-generating-devices-market

Contact:

US Sales Office

11140 Rockville Pike

Suite 400 Rockville, MD 20852

United States Tel: +1 (628) 251-1583, +353-1-4434-232 (D)

Sales Team: sales@factmr.com

About Fact.MR :

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Demand for Medical Suction Devices Market is forecasted to reach a value of US$ 1.8 billion by 2033 here

News-ID: 3391953 • Views:

More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Key Players: iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., and Dyson Inc
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
08-29-2025 | Health & Medicine
Fact.MR
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2034 | Key Players: Johnson & Johnson Services Inc; Teva Pharmaceutical Industries Ltd.; Sun Pharmaceutical Industries Ltd.; Takeda Pharmaceutical Company Limited
08-29-2025 | Health & Medicine
Fact.MR
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance

All 5 Releases


More Releases for Medical

ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924 Global Medical Casting & Splinting market 2019 research provides a basic overview of
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis. Get Free