Medical Suction Devices Market Is Predicted To Grow Quickly Due To Increasing Prevalence Of Chronic Respiratory Diseases Till 2024: Grand View Research, Inc.

The global medical suction devices market is expected to reach USD 1.04 billion by 2024, according to a new report by Grand View Research. The global medical suction devices market is expected to grow swiftly owing to the increasing prevalence of chronic respiratory diseases, such as chronic obstructive pulmonary diseases, asthma, and lung cancer. Additionally, the market is growing rapidly due mainly to the increasing adoption of suction pumps in the point-of-care facilities. Moreover, the availability of compact suction devices has fostered the usage of these devices in ambulatory and emergency centers.

The government bodies including Ministry of Health and Family Welfare (MOHFW), Central Drugs Standard Control Organization (CDSCO), and Association of Indian Medical Device Industry (AIMED) provide the medical devices sector with a regulatory structure to promote indigenous production. Such regulations are positively impacting the market. Moreover, the increasing number of collaborations undertaken by companies, such as Drive Medical, Olympus Corporation, Laerdal Medical, with the aim of introducing technologically-advanced and improved devices is further boosting the growth of the market.

However, the lack of reimbursement coverage for the homecare suction devices and the high-cost of the wall-mounted devices are some of the factors impeding the growth of the market.
Some of the key players in this 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, Labconco Corporation, Amsino International Inc., and Olympus Corporation.

Browse full research report on Medical Suction Devices Market: http://www.grandviewresearch.com/industry-analysis/medical-suction-devices-market  
   
Further key findings from the study suggest:

  • The non-portable segment is anticipated witness lucrative growth during the forecast period owing to the increasing number of surgical procedures and the high price of the devices. As a result, this segment is projected to grow at the highest CAGR from 2016 to 2024.
  • The upsurge in the number of hospitals, clinics, and other healthcare facilities is propelling the demand for non-portable aspiration devices
  • The electrically powered vacuum systems segment captured the largest market share in 2015.The large market share of the segment was attributed to the widespread awareness and adoption of these devices in surgical settings.
  • The portable segment is expected to show rapid growth during the forecast period owing to the rising adoption of home healthcare services where portable and user-friendly medical devices are in demand
  • North America captured the largest market share of around 30% in 2015. Some factors contributing to the dominance of the segment include the presence of well-established healthcare infrastructure, existence of the leading market players, and the easily attainable approval for the class I devices by the U.S. Food and Drug Administration (FDA)
  • Asia Pacific is identified as the fastest growing market for medical suction devices. The factors including a large number of untapped customers, the growing trends in the adoption of the technically-advanced devices, and the expected rise in the target patient population are anticipated to drive the growth of the market.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices   

Grand View Research has segmented the medical suction devices market on the basis of portability, vacuum systems, end-use, and geography.

Medical Suction Devices Market, by Portability, 2013 - 2024 (USD Million)
  • Portable
  • Non-portable
Medical Suction Devices Market, by Vacuum Systems, 2013 - 2024 (USD Million)
  • Manual
  • Electrically powered
  • Venturi
Medical Suction Devices Market, by End-use, 2013 - 2024 (USD Million)
  • Respiratory
  • Gastric
  • Wound suction
  • Delivery room
  • Others
    • Operative field
    • Coronary care
    • Anesthetics
Medical Suction Devices Market, by region, 2013 - 2024 (USD Million)
  • North America
    • U.S. Medical Suction Devices Market, by Portability
    • U.S. Medical Suction Devices Market, by Vacuum Systems
    • U.S. Medical Suction Devices Market, by End-use
    • Canada Medical Suction Devices Market, by Portability
    • Canada Medical Suction Devices Market, by Vacuum Systems
    • Canada Medical Suction Devices Market, by End-use
  • Europe
    • UK Medical Suction Devices Market, by Portability
    • UK Medical Suction Devices Market, by Vacuum Systems,
    • UK Medical Suction Devices Market, by End-use
    • Germany Medical Suction Devices Market, by Portability
    • Germany Medical Suction Devices Market, by Vacuum Systems
    • Germany Medical Suction Devices, by End-use
  • Asia Pacific
    • China Medical Suction Devices Market, by Portability
    • China Medical Suction Devices Market, by Vacuum Systems
    • China Medical Suction Devices Market, by End-use
    • India Medical Suction Devices Market, by Portability
    • India Medical Suction Devices Market, by Vacuum Systems
    • India Medical Suction Devices, by End-use
  • Latin America
    • Brazil Medical Suction Devices Market, by Portability
    • Brazil Medical Suction Devices Market, by Vacuum Systems
    • Brazil Medical Suction Devices Market, by End-use
    • Mexico Medical Suction Devices Market, by Portability
    • Mexico Medical Suction Devices Market, by Vacuum Systems
    • Mexico Medical Suction Devices Market, by End-use
  • MEA
    • South Africa Medical Suction Devices Market, by Portability
    • South Africa Medical Suction Devices Market by Vacuum Systems
    • South Africa Medical Suction Devices Market by End-use
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-medical-suction-devices-market     
                  
About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


For more information: http://www.grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

Hyaluronic Acid Market Is Likely To Be Influenced By The Increase In Obesity Till 2024: Grand View Research, Inc.

Image
The global  hyaluronic acid market   is expected to reach USD 13.4 billion by 2024, according to a new report by Grand View Research. Factors such as increasing concern in population regarding chemicals, desire to get quick and evident results, and shorter recovery time are high impact-rendering drivers of this market.  The market is evolving rapidly due to the increasing adoption of aesthetic procedures in both developed and developing regions. The growing geriatric population coupled with growing awareness about antiaging products and aspiration to look healthy and young is fueling the market for all cosmetics. The efficacy and evident results of hyaluronic acid - based dermal fillers are attracting this population base.  The increase in obesity resulting in osteoarthritis and joint pain has boosted the demand for hyaluronic acid injections as treatment. In 2012, approximately 53 million people were diagnosed with osteoarthritis and it is projected that b...
Read more

The global vein illuminator market is expected to reach USD 358.5 million by 2024, according to a new report published by Grand View Research, Inc. The vein illuminator market is anticipated to witness a lucrative growth during the period 2016 to 2024. The factors contributing towards the growth of the market are the growing aging population and the efforts channelized towards improving patient satisfaction. Additionally, factors, such as the demand for technologically advanced medical equipment and the rising research and practical applications are expected to be opportunistic for the industry growth. However, the prevalence of traditional methods owing to the high costs of the vein illuminator devices is likely to hinder the growth of the market in the near future. The vein illuminator market is segmented on the basis of technology, application, end-user, and region. Based on technology, the market is further categorized into transillumination, infrared technology, and ultrasound. The near-infrared illumination technology is estimated to be the largest shareholder due to its ability to penetrate deep into the tissue, which makes it possible to visualize the vessels clearly. On the basis of application, the market is segmented into intravenous access and blood draw. The end-user segment comprises hospitals, rehabilitation facilities, blood donation camps, and academic institutions. The market for hospitals is expected to grow rapidly during the forecast period due to a surge in the demand for technologically advanced medical equipment. The market is also categorized into North America, Europe, Asia Pacific, MEA, and Latin America. Browse full research report on global Vein Illuminator Market: http://www.grandviewresearch.com/industry-analysis/vein-illuminator-market Further key findings from the study suggest: • In terms of market share, the North America vein illuminator market is expected to hold majority of the share in 2016. Factors resulting in the growth of this industry are the steady preference for highly-advanced medical devices by hospitals as well as the presence of several medical device manufacturing companies in the region. • The infrared illumination technology is estimated to lead the industry due to its deep penetration capability into thick tissues tohighlight the presence of vessels with increased clarity. Based on application, the segment for intravenous access is estimated to be the largest shareholder, followed by the blood draw segment. • The vein illuminator industry comprises several local as well as global players. Some prominent players in this industry include Accuvein, Inc., Christie Medical Holdings, Inc., Infrared Imaging Systems, Inc., Translite, LLC, and Venoscope, LLC,among others. In order to hold a major share in the industry, the companies are adopting both organic as well as inorganic strategies. The major strategies adopted by the companies are new product development, mergers, collaborations, partnerships, geographical expansions, and acquisitions. • The companies are also focusing on research and development activities in order to enhance their product portfolio. For instance, in September 2015, Accuvein, Inc., declared its 26th patent, which was issued by the United States Patent and Trademark office for their vein visualization system. Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the vein illuminator market on the basis of technology, application, and end-user application: Vein Illuminator Technology Outlook (Revenue, USD Million, 2013 - 2024) • Transillumination • Infrared technology • Others Vein Illuminator Application Outlook (Revenue, USD Million, 2013 - 2024) • Intravenous access • Blood draw • Others Vein Illuminator End-user Outlook (Revenue, USD Million, 2013 - 2024) • Hospitals • Blood donation camps • Academic institutions • Others Vein Illuminator Regional Outlook (Revenue, USD Million, 2013 - 2024) • North America • Europe • Asia Pacific • Latin America • MEA Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-vein-illuminator-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc For more information: www.grandviewresearch.com

The global  vein illuminator market  is expected to reach USD 358.5 million by 2024, according to a new report published by Grand View Research, Inc. The vein illuminator market is anticipated to witness a lucrative growth during the period 2016 to 2024. The factors contributing towards the growth of the market are the growing aging population and the efforts channelized towards improving patient satisfaction. Additionally, factors, such as the demand for technologically advanced medical equipment and the rising research and practical applications are expected to be opportunistic for the industry growth. However, the prevalence of traditional methods owing to the high costs of the vein illuminator devices is likely to hinder the growth of the market in the near future. The vein illuminator market is segmented on the basis of technology, application, end-user, and region. Based on technology, the market is further categorized into transillumination, infrared technology, a...
Read more

Rising Adoption Of Medical Animation As A Tool For Marketing & Education to Drive Medical Animation Market Till 2025: Grand View Research, Inc.

Image
The global  medical animation market  is expected to reach a value of USD 514.0 million by 2024, according to a new report by Grand View Research. Key factors driving the market growth include the higher adoption of medical animation marketing by medical devices manufacturers and pharmaceutical products. It helps in explaining product features and communicating associated information with end users.  The information represented by animation is more appealing and easy to transmit. These aforementioned benefits are expected to boost the usage rate in near future. In addition, the paradigm shift, in healthcare information technology, such as digitalization, is anticipated to contribute towards the market growth in the next few years. The medical animation market has gained momentum after the introduction of cloud-based platforms and 3D printing technology in healthcare.  Furthermore, the introduction of technologically advanced software for image analysis...
Read more