Medical Suction Devices Market

Medical Suction Devices Market Outlook

Besides surge in demand for medical suction devices due to rising hospitalization rates amidst the COVID-19 pandemic, growing usage has also been observed for clinical research and diagnostic purposes. Fact.MR’s analysis reveals that, while revenue from sales of wall-mounted suction devices is higher, mainly due to their high cost, demand for AC-powered devices will rise at a faster rate.

North America and Europe are important markets for these devices, with the medical suction devices market in Asia Pacific also becoming a lucrative destination for players in this market space.

Developments & Key Trends

Medical suction devices find application in hospitals for various procedures, including respiratory-related surgeries, delivery of babies, and others. In addition to hospitals, home care centers and clinics also use medical suction devices to help patients breathe smoothly by removing blockages in respiratory organs caused by blood, saliva, or secretion. They are also used for maintaining pulmonary and respiratory hygiene in order to prevent the growth of microorganisms in organs.

According to the US Census Bureau, the geriatric population is increasing at an accelerated rate. This is anticipated to act as a key driver for the growth of the global market, which is projected to exhibit a CAGR of around 4% over the forecast period 2020-2030.

Moreover, falling prices of medical suction devices are making these devices more affordable, which is further likely to impact the market in a positive way by increasing the penetration of products. However, low reimbursement coverage for home care use of medical suction devices is expected to act as a restraint for market growth in the near future.

Rise in Number of Surgical Procedures Aids Demand

Surgical care is one of the key components of an effective healthcare system in any given country. Obstructed labor, injuries, malignancy, cardiovascular disease, and infections are some of the most commonly performed surgeries across the globe, according to the World Health Organization (WHO). A recent study conducted by WHO states that, the number of surgical procedures has grown at an accelerated rate in the recent past. This trend is expected to continue over the coming years across the world, as the population is increasing rapidly.

Despite a lag imposed by the COVID 19 pandemic, which resulted in governments putting a hold on non-essential surgeries, the number is expected to rise significantly post pandemic. This is anticipated to be one of the key drivers of the global medical suction devices market over the forecast period.

Rising Geriatric Population to Stimulate Growth

The global population is expanding and aging rapidly. As the geriatric population is on the rise, health issues and diseases are also increasing. This trend is expected to boost the growth of the global medical suction devices market over the forecast period. According to the US Census Bureau, domestic population is set to increase by 17% between 2010 and 2020. The census data concludes that, individuals over the age of 65 form the fastest growing segment in the region, growing by more than 50% during the period 2010 to 2020.

Surging Demand for Compact & Portable Devices to Propel Market Growth

Shift in traditional healthcare methods is being witnessed around the world, as home care facilities, emergency rooms, and mobile healthcare systems are on the rise. Hence, portable and compact suction devices are seeing an increase in demand, owing to ease of handling and convenience offered by them.

Rise in demand for portable and compact medical suction devices is anticipated to propel market growth in the next decade. Portable medical suction devices are finding increased adoption as they are capable of providing specialized care in remote locations and non-patient areas such as elevators, hallways, waiting rooms, and procedural areas alike.

On The Basis of Regional Outlook

North America is expected to emerge as the most lucrative region as far as medical suction device market share is concerned, over the forecast period. This is due to the presence of high number of patients with respiratory problems in the region. Apart from this, increasing ageing population and rise in healthcare expenditure also contribute to market growth in the region.

Europe is the second-largest market for medical suction devices. It is expected to continue its growth trajectory over the forecast period, owing to changing reimbursement policies and government support to the industry.

Meanwhile, Asia Pacific is projected as the region which will showcase the highest and fastest growth in the next decade. This growth is attributable to rapidly increasing population, increase in prevalence of respiratory diseases, and high birth rate.

On The basis of Product

On the basis of product, the market is segmented as AC-powered, battery-powered, dual-powered and manually-operated. Among these, the AC-powered devices segment is anticipated to drive market growth in the near future.

Meanwhile, dual-powered devices are anticipated to register the highest growth during the forecast period, owing to rise in homecare services and emergency care settings.

On The Basis of Applications

On the basis of applications, the global market is segmented into surgical, airway cleaning, and research and diagnostics. The surgical application segment is projected to dominate the market, whereas, the research and diagnostics segment is projected to witness fastest growth in the next decade. Surge in use of suction devices in clinical research and diagnostics is anticipated to be a key factor for this growth.

On The Basis of End User Type

On the basis of end user, the market is segmented into homecare settings and hospitals and clinics. The hospitals and clinics segment is projected to dominate the market over the forecast period. This dominance is attributable to the fact that, availability of suction devices is mandatory for hospitals and clinics depending on number of patients and their usage. Also contributing to growth is rise in the number of hospitals across the world.

On the basis of Device Portability

Based on portability, the market is segmented into wall-mounted and hand-held devices. The non-portable wall-mounted devices segment is expected to dominate the market in the next decade. High cost of wall-mounted devices is anticipated to be the factor responsible for large revenue share of the segment. On the other hand, rising number of hospitals and clinics is further propelling demand for wall-mounted medical suction devices.

However, the hand-held devices segment is expected to show significant growth, owing to increasing adoption of these devices in home healthcare services, emergency, and ambulatory care services, as they are portable.

Medical Suction Devices Market: Competitive Landscape

Presence of local as well as international players makes the global market highly fragmented and competitive in nature. Players are focusing on cost reduction as a strategy to sustain in the market.

Apart from this, companies are also concentrating on innovative product launches in order to increase penetration and gain advantage over the competition. Moreover, manufacturers in the medical suction devices market are also relying on partnerships and collaborations to expand their reach and widen their customer base.

• For instance, TESUKO launched The Power-Vac, a medical gas-driven suction device. It is a venturi actuated suction device that features two power take-off connectors for connecting oxygen sources. It is suitable for use in hospital settings, life support, and any circumstances where patients require the assistance of oxygen and/or suction therapy.

Some of the key established players in the global medical suction devices market include 

• 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
• Laerdal Medical
• Labcoco Corporation
• Labconco Corporation
• Amsino International, Inc.
• Olympus Corporation.

The Analyst’s Quote

“Medical suction systems are integral to patient care. Technological advancements in the field have led to improved efficiency of medical suction devices and the way power of vacuum is harnessed. Rising innovations are anticipated to expand the application of medical suction devices in order to improve patient care in the near future.”

COVID-19 Impact on Medical Suction Devices Market

The COVID 19 pandemic has led to a surge in demand for medical devices and supplies across the world. Respiratory supporters are mostly used across the world to monitor patients infected by the novel coronavirus.

Manufacturers in the medical suction devices market are working throughout the pandemic period to ensure that the provision of necessary medical supplies and devices is not hampered. Many companies are voluntarily expanding their product portfolios to include necessary medical supplies during the pandemic. Hence, it is safe to say that, this pandemic has had a positive impact in terms of revenue on the global medical suction devices market.

Medical Suction Devices Indutry– Segmentation

Fact.MR’s research study assesses the global market in terms of product, portability, application, end user, and region. This report presents extensive market dynamics and trends associated with different segments of the market, and their influence on the growth prospects of the global medical suction devices market.

• By Product

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

• By Application

  • Surgical
  • Airway Clearing
  • Research & Diagnostics

• By Portability

  • Wall-Mounted
  • Hand-Held

• End User

  • Homecare Setting
  • Hospitals
  • Clinics

• By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa