Medical Suction Devices Market track to reach $1.75 Billion & 4.50% CAGR by 2032

Medical Suction Devices Market Size Worth $1.75 Billion By 2032 | CAGR: 4.50%


The global medical suction devices market size is expected to reach USD 1.75 billion by 2032, according to a new study by Polaris Market Research. The report “Medical Suction Devices Market Share, Size, Trends, Industry Analysis Report, By Portability (Portable, Non-portable), By Vacuum System, By End-Use, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increase in the utilization of suction devices can be attributed to the growing number of medical procedures that rely on their functionality, such as vacuum-assisted deliveries. These devices play a crucial role in these procedures by aiding in the safe and effective removal of fluids and substances. Furthermore, the decreasing cost of these devices is contributing to their wider adoption and accessibility, making them more affordable for healthcare facilities and providers. This affordability factor is driving the increased penetration of suction devices in various medical settings, ultimately leading to their higher utilization and market growth.

The emergence of the COVID-19 pandemic had a favorable effect on the growth of the market. This was primarily due to the heightened need for critical care resources to aid hospitals in their response to COVID-19. Medical suction devices played a crucial role in supporting these efforts, as they were utilized for tasks like providing suction and removing fluids during respiratory treatments for patients admitted to intensive care units (ICUs) due to COVID-19. As a result, the impact of the pandemic on the market is expected to have a lasting influence, presenting potential opportunities for market participants throughout the forecast period.

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A notable shift in consumer preferences from conventional healthcare methods to more advanced home healthcare solutions. A rising demand for emergency medical care services accompanies this trend. Moreover, the increasing aging population is anticipated to play a significant role in driving this market expansion. According to data from the World Health Organization (WHO), the global population aged 65 and above is projected to increase from 7% in the year 2000 to approximately 16% by the year 2050. This demographic shift is noteworthy, as the elderly population is more vulnerable to chronic respiratory ailments, contributing to the overall growth of the market throughout the forecast period.

Medical Suction Devices Market Report Highlights

  • Non-portable devices held the largest share, primarily due to their high adoption in hospitals and ambulatory clinics
  • Electric powered segment dominated the market, owing to its ease of use, and can be easily installed
  • The gastric diseases segment will grow at a rapid pace on account of growing cases of gastric ulcers, unhealthy diets, and misbalanced daily work routine
  • Asia Pacific will show substantial growth, owing to a huge un-tapped populace seeking medical attention
  • Key players include Allied Healthcare Products, Precision Medical, Integra Biosciences, Medicop, Drive Medical, and ZOLL Medica.

Polaris Market Research has segmented the medical suction devices market report based on portability, vacuum system, end-use, and region:

Medical Suction Devices, Portability Outlook (Revenue - USD Billion, 2019 - 2032)

  • Portable
  • Non-portable

    Medical Suction Devices, Vacuum Systems Outlook (Revenue - USD Billion, 2019 - 2032)

  • Manual
  • Electrically Powered
  • Venturi

Medical Suction Devices, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Respiratory
  • Gastric
  • Wound Suction
  • Delivery Rooms
  • Others

Medical Suction Devices, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Medical Suction Devices Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 1.23 billion

Revenue Forecast in 2032

USD 1.75 billion

CAGR

4.50% from 2024 - 2032

Base year

2023

Historical data

2019 - 2022

Forecast period

2024 - 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Portability, By Vacuum Systems, By End Use, By Region

Regional scope

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

Customization              

Report customization as per your requirements with respect to countries, regions, and segmentation.

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