Increasing Prevalence of Respiratory Diseases with the Advancements in Medical Technology has Propelled the Growth of the Medical Suction Devices Market in the APAC Region!

Author: Himanshu Patni

13 July 2023

Increased prevalence of long-term respiratory diseases in the area. There is a growing need for medical devices that can be used to manage ongoing issues as Asia Pacific’s population keeps growing older. Patients with chronic respiratory conditions frequently use adaptable relaxation tools to clear airborne pollutants and work on relaxation. For instance, in December 2020, Olympus Corporation announced that it has acquired Veran Medical Technologies, Inc. (VMT), this strategic acquisition drives the expansion of Olympus respiratory solutions. Moreover, technological developments have also increased the market for medical suction devices in the Asia-Pacific region. The increased demand for electrically powered suction devices has also grown with the use of minimally invasive surgical methods in the area.

Access sample report (including graphs, charts, and figures):https://univdatos.com/get-a-free-sample-form-php/?product_id=38525

Further,the APAC Medical Suction Devices Market is expected to grow at a strong CAGR of 4.5% during the forecast period (2022-2028). APAC is anticipated to emerge as the fastest-growing medical suction devices market primarily owing to the increasing number of hospitals and clinics in China, India, and Japan coupled with huge medical devices, including medical suction device penetration. Meanwhile, China constitutes to be the largest market in the APAC region, accredited to rising healthcare expenditure on medical suction device technology and surging sales of medical suction devices, while Japan is the second largest player.

Revenue (2020-2028)- USD Mn

Medical Suction Devices Market

For a detailed analysis of the Global Medical suction devices Market browse throughhttps://univdatos.com/report/medical-suction-devices-market/

Based on portability, the market is segmented into portable, and non-portable. Amongst these, the non-portable segment is expected to grow at a substantial CAGR during the forecasted period. This is attributed to the increasing adoption of these devices in home healthcare settings. Home health care is a cost-effective way to provide long-term care for people with disabilities, chronic diseases, and surgical interventions. As stated by World Health Organization in 2023, approximately 1.3 billion people with significant disabilities which is 16% of the world’s population. Moreover, increasing instantaneous mobility services contribute to the growth of the portable device segment.

By end-use, the market is segmented into respiratory, gastric, wound suction, and delivery rooms. As per our analysis, the gastric is expected to grow at a substantial CAGR during the forecasted period. It is anticipated that the demand for medical suction devices will be driven by an increase in the use of these devices in gastric suction to alleviate pressure from blocked intestines or to remove poisons, harmful chemicals, or pills that have been taken too much from the stomach. As per the National Institute of Health, in 2021, around 40% of persons worldwide have Functional gastrointestinal disorders (FGIDs).

Global Medical Suction Devices Market Segmentation

Market Insight, by Probability

  • Portable
  • Non-Portable

Market Insights, by Vacuum System

  • Manual
  • Electrically Powered
  • Venturi

Market Insights, by End-Users

  • Respiratory
  • Gastric
  • Wound Suction
  • Delivery Rooms

Market Insight, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World

Top Company Profiles

  • Allied Healthcare Products, Inc.
  • Medicop
  • Integra Biosciences AG
  • Labconco
  • Asahi Kasei Corporation
  • Bio-Techne
  • Amsino International, Inc.
  • Medela AG
  • ATMOS MedizinTechnik GmbH & Co. KG
  • Laerdal Medical

Get a call back


Related Articles