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Pharmaceutical

Surging Demand for Dual-Powered Medical Suction Devices to Propel Market Growth: Fact.MR

Proper management of fluids is an important function of medical suction devices. Liquid and solid medical waste is a potential biohazard for patients, waste handlers, and the environment. In order to mitigate the risk of re-infection and reemergence of infectious diseases, safe waste management is of utmost importance.

Overall, the global medical suction devices market is projected to expand at a steady CAGR of 4% over the forecast period of 2020 to 2030.

Amid the global havoc caused by infectious diseases such as SARS and COVID-19, proper disposal of medical waste has become a matter of priority for governments and regulatory authorities across the world. The Center for Disease Control and Prevention (CDC) states that more than 30% infections are acquired from hospitals.

“Despite being hit by the impacts of the COVID-19 pandemic initially, the global medical suction devices market has recovered and is expected to benefit from rising demand for medical devices due to the virus outbreak,”says a Fact.MR analyst.

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medical suction devices market regional analysis

Global Medical Suction Devices Market: Segmentation

Product

  • AC-Powered
  • Battery-Powered
  • Dual-Powered
  • Manually-Operated

Application

  • Surgical
  • Airway Clearing
  • Research & Diagnostics

Portability

  • Wall-Mounted
  • Hand-Held

End User

  • Homecare Setting
  • Hospitals
  • Clinics

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Key Takeaways from Medical Suction Devices Market Report

  • Wall-mounted medical suction devices is expected to emerge as the most lucrative segment. Meanwhile, hand-held medical suction devices are anticipated to register significant growth over the forecast period.
  • North America is projected to be the most lucrative market for medical suction devices. The Asia Pacific region is expected to register the highest and fastest growth over the forecast period.
  • Increasing number of prevalent respiratory diseases is anticipated to be the primary driver for the medical suction devices market.
  • Limited reimbursement for medical suction devices might have a negative impact on the market in the near future.
  • Rising geriatric population is projected to drive the global medical suction devices market.
  • Increasing healthcare expenditure in developed as well as developing nations is anticipated to impact the global medical suction devices market in a positive way.

Following Questions Answers Covered in the Report are:

  • How will the global Medical Suction Devices Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Medical Suction Devices Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Medical Suction Devices Market?
  • How will these strategies influence the market growth and competition?

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

Get More Insights –http://www.globenewswire.com/en/news-release/2018/01/25/1304937/0/en/7-Key-Future-Prospects-of-Wine-Cabinets-Market-for-the-Forecast-Period-2017-2026.html

More Valuable Insights on Medical Suction Devices Market

In its latest report, Fact.MR has provided an unbiased analysis on the global medical suction devices market, comprising data on historical statistics (2015-2019) and forecast of demand for the period from 2020 to 2030. The report discusses critical insights on the medical suction devices market in terms of product (AC-powered, battery-powered, dual-powered, and manually-operated), applications (surgical, airway cleaning, and research and diagnostics), end user (homecare settings and hospitals & clinics), and portability (wall-mounted and hand-held), and across 5 key regions (North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa).

  • Allied Healthcare Products Inc.
  • Precision Medical Inc.
  • Drive Medical
  • INTEGRA Biosciences AG
  • Medicop Inc.
  • SSCOR Inc.
  • ATMOS MedizinTechnik GmbH & Co. KG
  • ZOLL Medical Corporation
  • Welch Vacuum

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