The Worldwide Medical Suction Devices Market is expected to grow at a steady CAGR of 4.5% during the forecasted period. The medical suction devices are installed into hospitals for different medical reasons. A medical suction device used in respiratory conditions when secretion of mucous and serum has to be removed from the body. When the patient is unable to expel serum or mucous out of the body, these devices help them to remove it manually. They are also used during different surgical procedures such as respiratory surgery, delivery of baby, and others.
Increasing prevalence of respiratory diseases, increasing birth rate and rapid development in technology drive the growth of the market. According to the World Health Organization (WHO), 32% of all deliveries in America was caesarean. In addition to this, rising geriatric population, increasing pollution, and increasing need for the advanced technology fuel the growth of the medical suction device market. However, stringent reimbursement policy for suction devices may hamper the growth of the global medical suction device market over the forecast period.
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Medical Suction Devices Market Regional analysis:
The Americas holds the largest share of the global medical suction device market owing to the presence of huge number of patient with respiratory diseases, increasing geriatric population, and increasing healthcare expenditure. Europe is the second largest market followed by Asia Pacific due to increasing government support and changing reimbursement policies in Europe. The Asia Pacific region is the fastest growing market owing to the presence of huge patient population, increasing prevalence of the respiratory diseases, high birth rate, and the presence of rapidly developing economies. On the other hand, the Middle East & Africa is expected to have a limited but steady growth over the forecasted period.
Medical Suction Devices Market Key players:
ATMOS MedizinTechnik GmbH & Co. KG (Germany), Allied Healthcare (UK), Drive Medical (US), INTEGRA Biosciences AG (Switzerland), Precision Medical, Inc. (US), Siemens Healthcare Private Limited (Germany), Olympus Corporation (Japan), Medico, Inc. (US), SSCOR, Inc. (US), ZOLL Medical Corporation (US), Labconco (US), Amsino International, Inc. (US), Welch Vacuum (US), and Laerdal Medical (Norway) Major Table of Content for Medical Suction Device Market:
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
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