Technavio analyzes that the Medical Suction Devices Market is expected to grow at a CAGR of 5.36% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 361.92 million.There are various factors that contribute to the growth of the market. The medical suction devices market is experiencing significant growth due to the rising prevalence of chronic respiratory disorders such as asthma, COPD, and sleep apnea. These conditions necessitate frequent use of medical suction devices for effective respiratory management. Moreover, advancements in technology have led to the development of portable and user-friendly devices, making them increasingly popular among healthcare professionals and patients alike. The market is further propelled by growing healthcare expenditures and government initiatives to improve healthcare infrastructure.
In the medical industry, non-portable suction devices are stationary equipment, typically found in healthcare facilities such as hospitals and clinics. These devices, which can be connected to wall-mounted suction units or central vacuum systems, offer robust suction capabilities. Their size and power make them suitable for applications requiring continuous suction, including wound care, respiratory therapy, endoscopy, and surgical procedures. While non-portable suction devices are more powerful than their portable counterparts, they are less convenient for use outside of fixed medical settings due to their size and immobility.
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Medical Suction Devices Market Segmentation
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The Medical Suction Devices Market is witnessing a paradigm shift due to the increasing prevalence of chronic respiratory disorders such as asthma, chronic obstructive pulmonary disease, and pulmonary hypertension. Home healthcare and emergency care settings are driving the demand for portable suction devices from healthcare providers and patients, including those with bariatric needs. Companies like Medela AG offer both non-portable and portable suction devices, while traditional healthcare settings continue to use lab vacuum pumps and manual devices. Occupational lung diseases and respiratory tract suction during surgeries also contribute to the market growth. Handheld devices are gaining popularity due to their convenience and ease of use.
The medical suction devices market is a significant segment of the global healthcare equipment industry, according to Technavio's market research. This market is characterized by the production and sale of devices used for airway cleaning and suctioning in various therapeutic areas, including asthma and bariatric surgery. These devices are classified as accessories within the broader healthcare equipment market, which encompasses capital equipment, instruments, implants, and consumables. The global healthcare equipment market size is determined by the combined revenue generated by manufacturers of diagnostic equipment and devices. Key segments of the healthcare equipment industry include advanced, differentiated, and clinically tested data-driven devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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