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North America Medical Suction Devices marketto have positive long-term growth outlook 2016-21

 



(EMAILWIRE.COM, January 18, 2018 ) North America Medical Suction Devices market size was approximately USD 294 million in 2016. It is projected to grow at a CAGR of 3.8% to reach USD 354.27 million by 2021. It captures 40% of the global market share making it the largest market worldwide.

Doctors often require the use of suction in many surgeries. It is used for many purposes like to clear the airway of saliva, blood, vomit or other secretions for a patient to be able to breathe. Pulmonary aspiration which is very often the cause of various lung infections is also prevented by suctioning. In pulmonary hygiene, suction is utilized for preventing growth of infectious microorganisms, removing fluids from the airways and to facilitate breathing.

Growing demand for compact and portable devices, paradigm shift to home healthcare from traditional healthcare settings, increasing adoption of home care are the primary drivers of growth of this market. Secondary factors include reliability, ease of use, high durability & robustness of the suction devices. This helps healthcare providers and patients to use suction devices without any assistance. Furthermore, falling prices of suction devices, augmenting geriatric population (with the rising aging population the demand for emergency care rises, which further increases the demand for handheld devices which provide instant relief to patients), growing incidences of chronic respiratory diseases, and increase in the number of surgical procedures (which have increased the utilization of suction devices that are specifically utilized during surgeries) are other factors contributing to boost market growth. Moreover, emerging markets have opened an array of opportunities for companies in the medical suction devices market.

View Full Report @ http://www.marketdataforecast.com/market-reports/north-america-medical-suction-devices-market-3172/

In spite of that, limited reimbursement policies and the highly commoditized market are expected to inhibit the growth of this market to a certain extent during the aforementioned forecast period.

The North America Medical Suction Devices market can be categorized into four categories: by Portability, by Type, by application and by end user. On the basis of portability, Medical Suction Devices market is classified into Handheld Suction Devices and Wall-Mounted Suction Devices. The non-portable category is expected to grow at the highest CAGR during the aforementioned forecast period because of the rising number of surgical procedures and the high price of the devices. If we go by type, Medical Suction Devices market is segmented into Ac-Powered Devices, Battery-Powered Devices, Dual-Powered Devices and Manually Operated Devices. The electrically powered vacuum systems category commanded the largest market share in 2016. It is because of the widespread awareness and rising adoption of these devices in surgical settings. Further, on the basis of application the market can be categorized into Airway Clearing, Surgical Applications and Research and Diagnostics. Last but not the least, on the basis of end user the market is segmented into Hospitals and Clinics, Home Care, Prehospital and Other End Users.

Market Segmentation:

1 Portability

1.1 Introduction

1.2 Handheld Suction Devices

1.3 Wall-Mounted Suction Devices

1.4 Y-o-Y Growth Analysis, By Portability

1.5 Market Attractiveness Analysis, By Portability

1.6 Market Share Analysis, By Portability

2 Type

2.1 Introduction

2.2 Ac-Powered Devices

2.3 Battery-Powered Devices

2.4 Dual-Powered Devices

2.5 Manually Operated Devices

2.6 Y-o-Y Growth Analysis, By Type

2.7 Market Attractiveness Analysis, By Type

2.8 Market Share Analysis, By Type

3 Application

3.1 Introduction

3.2 Airway Clearing

3.3 Surgical Applications

3.4 Research and Diagnostics

3.5 Y-o-Y Growth Analysis, By Application

3.6 Market Attractiveness Analysis, By Application

3.7 Market Share Analysis, By Application

4 End User

4.1 Introduction

4.2 Hospitals and Clinics

4.3 Home Care

4.4 Prehospitals

4.5 Other End Users

4.6 Y-o-Y Growth Analysis, By End User

4.7 Market Attractiveness Analysis, By End User

4.8 Market Share Analysis, By End User



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By geography, the North America Medical Suction Devices market has been categorized into US and Canada. It is largest market in terms of market share. US is the leading player in this region. 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) are the factors attributable to the observable trend mentioned above.

Scope of the report:

· Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

· Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

· Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

· Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

· Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

· A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

· Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

· An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

· Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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Major companies in the Medical Suction Devices market are Allied Healthcare Products Inc. (U.S.), ATMOS MedizinTechnik GmbH & Co. KG (Germany), Drive Medical (U.S.), INTEGRA Biosciences (Switzerland), Medela Holding AG (Switzerland), Medicop (Slovenia), Precision Medical, Inc. (U.S.), SSCOR, Inc. (U.S.), ZOLL Medical Corporation (U.S.), Weinmann Geräte für Medizin GmbH + Co. KG (Germany), Laerdal Medical (Norway), MG Electric Ltd (Colchester), Labconco Corporation (U.S.), Welch Vacuum (U.S.), Amsino International Inc. (U.S.) and Olympus Corporation (Japan).

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Source: EmailWire.Com


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