The size of the Medical Suction Devices Market in Latin America was worth USD 87.85 million in 2020. It is expected to grow at a CAGR of 3.5% to reach USD 104.3 million by 2025. It captures 12% of the global market share.
In medicine, devices are often necessary to create suction. Suction may be utilized to clear the airway of blood, saliva, vomit, or other secretions for a patient to be able to breathe. Suctioning can prevent pulmonary aspiration, which often causes lung infections. In pulmonary hygiene, suction is utilized for removing fluids from the airways to facilitate breathing and prevent the growth of infectious microorganisms.
Key factors fuelling this market's growth are the paradigm shift to home healthcare from traditional healthcare settings and the growing need for compact and portable devices. Furthermore, the increasing adoption of home care has caused the demand for portable suction devices to rise due to their reliability, ease of use, high durability & robustness. This helps healthcare providers and patients to utilize suction devices without any assistance. The secondary factors contributing to the development of this market are augmenting geriatric population (with the rising aging population, the demand for emergency care rises, which further increases the demand for handheld devices that provide instant relief to patients), falling prices of suction devices, 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). Moreover, emerging markets have opened an array of opportunities for companies in the medical suction devices market.
But still, the highly commoditized market and limited reimbursement policies are very likely to hamper this market's growth to a certain extent during the aforementioned forecast period.
This research report on the Latin American Medical Suction Devices Market has been segmented & sub-segmented into the following categories:
By Portability:
By Type:
By Application:
By End User:
By Country:
By geography, it is second to last in terms of market share. Brazil is the leading player in this region.
Leading companies in the Latin American 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.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Portability
5.1.1 Introduction
5.1.2 Handheld Suction Devices
5.1.3 Wall-Mounted Suction Devices
5.1.4 Y-o-Y Growth Analysis, By Portability
5.1.5 Market Attractiveness Analysis, By Portability
5.1.6 Market Share Analysis, By Portability
5.2 Type
5.2.1 Introduction
5.2.2 Ac-Powered Devices
5.2.3 Battery-Powered Devices
5.2.4 Dual-Powered Devices
5.2.5 Manually Operated Devices
5.2.6 Y-o-Y Growth Analysis, By Type
5.2.7 Market Attractiveness Analysis, By Type
5.2.8 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Airway Clearing
5.3.3 Surgical Applications
5.3.4 Research and Diagnostics
5.3.5 Y-o-Y Growth Analysis, By Application
5.3.6 Market Attractiveness Analysis, By Application
5.3.7 Market Share Analysis, By Application
5.4 End User
5.4.1 Introduction
5.4.2 Hospitals and Clinics
5.4.3 Home Care
5.4.4 Prehospitals
5.4.5 Other End Users
5.4.6 Y-o-Y Growth Analysis, By End User
5.4.7 Market Attractiveness Analysis, By End User
5.4.8 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Portability
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Portability
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Portability
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By End User
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Allied Healthcare Products, Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Amsino International, Inc.
8.3 Atmos Medizintechnik GmbH & Co. Kg
8.4 Drive Medical
8.5 Integra Biosciences
8.6 Labconco Corporation
8.7 Laerdal Medical
8.8 Medela Holding AG
8.9 Medicop
8.10 MG Electric Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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