PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1423554
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1423554
According to Stratistics MRC, the Global Medical Suction Devices Market is accounted for $1.16 billion in 2023 and is expected to reach $1.82 billion by 2030 growing at a CAGR of 6.6% during the forecast period. Medical suction devices are essential tools used in healthcare settings to remove fluids, gases, and debris from a patient's body during various medical procedures. They typically consist of a suction pump, tubing, and collection canister, medical suction devices. Furthermore, the suction process involves attaching a suction catheter or wand to the device, which is then inserted into the patient's airway, surgical site, or wound which effectively removes fluids like blood, saliva, or excess secretions, ensuring optimal visibility and facilitating medical interventions.
According to the International Federation for the Surgery of Obesity and Metabolic Disorders (IFSO), worldwide nearly 580,000 people undergo bariatric surgery annually.
Increase in emergency medical services (EMS)
The demand for advanced and portable suction devices in EMS reflects the broader trend toward enhancing emergency healthcare capabilities. These are employed in emergency situations such as cardiac arrest, trauma, or respiratory distress and deployed to quickly and effectively clear the patient's airway, removing blood, fluids, or other obstructions. In addition, as global populations expand and urbanize, there is a growing need for rapid and efficient emergency response systems, which is driving this market size.
High cost
The initial expenses associated with medical suction devices include not only the equipment purchase price but also the costs of installation, training, upkeep, and the regular replacement of consumables like tubing and suction canisters, which can limit the accessibility and availability of these devices. Moreover, due to this lack of appropriate suction devices, healthcare providers may be forced to use improvised or less efficient alternatives, which could negatively impact patient care and hamper market growth.
Rising surgical procedures
Medical suction devices are integral in a wide range of surgeries with the increasing prevalence of chronic diseases, the aging population, and advancements in techniques that effectively remove fluids, blood, and debris, ensuring optimal visibility for surgeons. These are widely used in abdominal, orthopaedic, neurosurgical, and dental procedures. Furthermore, as healthcare facilities continue to perform a higher volume and variety of surgeries, the demand for reliable and advanced medical suction devices is further driving this market.
Lack of knowledge
Healthcare providers may not be aware of the specific requirements for different procedures or the optimal settings for suction devices. This can lead to suboptimal performance, inadequate suction power, or even potential harm to patients. Furthermore, the lack of knowledge extends to healthcare facility administrators and purchasing departments, who may not fully understand the technical specifications or the benefits of investing in high-quality suction devices, which is hindering market growth.
Covid-19 Impact
The COVID-19 pandemic has had a negative impact on the medical suction device market. Disruptions in the global supply chain, travel restrictions, and lockdowns impacted the production and distribution of medical suction devices, which led to a reallocation of resources and a shift in priorities, affecting the procurement and adoption of non-essential medical equipment. In addition, many elective surgeries and non-urgent medical procedures were postponed or cancelled to prioritize COVID-19 patients, impeding market expansion.
The battery-powered devices segment is expected to be the largest during the forecast period
The battery-powered devices segment is estimated to hold the largest share due to the increased mobility and flexibility during medical procedures, especially in situations where access to a power source may be limited or impractical. Battery-powered medical suction devices find significant utility in emergency and critical care settings, ambulances, and areas where power supply fluctuations or outages can occur. In addition, it ensures a reliable power source for suction, contributing to uninterrupted medical interventions and enhancing the overall usability of these devices in diverse healthcare environments, driving segment growth.
The lab vacuum pumps segment is expected to have the highest CAGR during the forecast period
The lab vacuum pumps segment is anticipated to have highest CAGR during the forecast period. These vacuum pumps serve a crucial role in laboratories by providing a controlled and consistent suction force for various scientific processes. These devices may include features such as adjustable vacuum levels, chemical-resistant materials to handle diverse substances, and compatibility with a range of laboratory glassware. Furthermore, these pumps are often compact, portable, and capable of delivering adjustable levels of suction to accommodate the diverse needs of scientific experiments and procedures, which are boosting this segment expansion.
Asia Pacific commanded the largest market share during the extrapolated period owing to factors such as increasing healthcare infrastructure development, rising healthcare expenditures, and a growing awareness of advanced medical technologies. Countries, including China, India, Japan, and South Korea, are witnessing a surge in demand for medical suction devices due to the rising prevalence of chronic diseases, a growing aging population, and an emphasis on improving healthcare facilities. Additionally, continue to improve healthcare standards, which are propelling this region's growth.
North America is expected to witness highest CAGR over the projection period, owing to a high level of healthcare expenditure and technological innovation contributing to the continuous evolution of medical suction devices. Key players such as Atmos Medizintechnik GmbH, Allied Healthcare Products, Inc., Medtronic plc, and Laerdal Medical ensure the safety and efficacy of these devices while fostering innovation. Furthermore, ongoing technological advancements, coupled with strategic collaborations and partnerships, are expected to further drive the market's expansion in the region.
Key players in the market
Some of the key players in the Medical Suction Devices Market include Amsino International, Inc., Drive Medical, Labconco Corporation, Medela Holding AG, Allied Healthcare Products, Inc., Medicop, Atmos Medizintechnik GmbH & Co. Kg, Olympus Corporation, Integra Biosciences, Laerdal Medical, MG Electric Ltd., Sscor, Inc., Precision Medical, Inc. and Zoll Medical Corporation.
In November 2023, Amsino Medical Group Company is pleased to announce that it has received the U.S. Food and Drug Administration's 510(k) clearance for its AMSafe® NeuFlo™ Needleless Connector
In March 2023, Allied Healthcare Products, Inc. announced strategic transformation initiatives intended to improve operational effectiveness to better serve customers and help drive growth and profitability.
In July 2021, Medicomp Systems announced that CPSI is integrating Medicomp's Quippe Clinical Data Engine across its electronic health record (EHR) platforms. The new licensing partnership will provide clients with more efficient access to patient- and problem-specific information at the point of care