The size of the Asia Pacific Medical Suction Devices market was valued at USD 174.21 million in 2022. It is estimated to grow at a CAGR of 4.2% to reach USD 214 million by 2027. It captures 20% of the global market share.
Medical suction devices are used for the removal of mucous and any other fluids. They are also used to remove the blockage and make it easy for surgeons to do surgeries without difficulties. Increasing common chronic respiratory diseases and rising elder people population are some factors that drive market growth.
Growing government support for funds and investments, easy access to solid, firm suction devices has boosted the usage of the ambulatory devices, and emergency centers are expected to support the market. Rising pollution levels in countries like India and China, growing birth rate, and rapid technological advancements are further estimated to fuel the market. The increasing focus of market participants in the Asia Pacific region and the rising number of healthcare facilities are also predicted to boost the market growth.
Insufficient reimbursement policies for the coverage of homecare are the factors hampering the market growth.
This research report on the Asia Pacific Medical Suction Devices Market has been segmented & sub-segmented into the following categories:
In the APAC region, China is leading with the highest shares of the market. A huge number of unmet customers, an increase in obtaining highly advanced technological devices, and a rise in the aimed patient population drive market growth. Following China, India is leading with dominant shares of the market by the growing number of chronic respiratory diseases, advancement in technologies, and the government's steps for various policies that are propelling the market.
China is the leading player in this region. The factors, namely a large number of untapped customers, the rising trends in the adoption of the technically-advanced devices, and the projected rise in the target patient population, are likely to fuel the growth of this market.
Some of the major companies operating in the APAC Medical Suction Devices Market profiled in this report are Allied Healthcare Products Inc., ATMOS MedizinTechnik GmbH & Co. KG, Drive Medical, INTEGRA Biosciences, Medela Holding AG, Medicop, Precision Medical, Inc., SSCOR, Inc., ZOLL Medical Corporation, Weinmann Geräte für Medizin GmbH + Co. KG, Laerdal Medical, MG Electric Ltd (Colchester), Labconco Corporation, Welch Vacuum, Amsino International Inc., and Olympus Corporation.
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: email@example.com