The size of the North American Medical Suction Devices Market was approximately USD 279.44 million in 2022. It is projected to grow at a CAGR of 3.8%, to reach USD 336.72 million by 2027 during the forecast period 2022 to 2027.
The paradigm shift from traditional healthcare venues to home healthcare and the growing need for compact and portable equipment are significant drivers driving the growth of this market. Furthermore, as home care usage grows, so makes the demand for mobile suction devices, which are reliable, easy to use, and have a high level of durability and robustness. Therefore, one of the significant reasons to drive the growth and demand of the North American medical suction devices market is the growing desire for compact and portable devices.
Furthermore, the rapid migration from traditional healthcare settings to home care settings and the fall in the prices of medical suction devices are expected to drive the market expansion in this region. Other factors driving market expansion include an older population (which raises the demand for handheld devices that provide immediate relief to patients), lowering suction device prices, increased prevalence of chronic respiratory disorders, and an increase in the number of surgical procedures. In addition, rapid technological advancements and an increase in the incidence of chronic diseases are also expected to boost market expansion.
Furthermore, an increase in the number of procedures, such as vacuum-assisted deliveries, in which suction devices are commonly employed, as well as an increase in disposable income, are predicted to boost the medical suction device industry's growth. A significant element enabling market expansion is the rise in chronic respiratory disorders such as asthma, acute lower respiratory tract infections, lung cancer, and chronic obstructive pulmonary disease (COPD). Medical suction devices are used in various medical operations, including the removal of saliva, mucus, and other fluids from the respiratory tract using a vacuum. As a result of the rising prevalence of respiratory ailments, demand for these devices is expected to increase significantly in the coming year.
However, over the forecast period, the highly commoditized industry and limited reimbursement policies may restrict the market's growth to some extent. The medical suction devices market's growth is expected to be hindered by limited reimbursement for suction devices and a highly commoditized industry. In contrast, strict regulatory standards and increased entry of local competitors are expected to provide a challenge. As a result, the growth of the North American medical suction devices market may be hampered by limited reimbursement coverage for suction equipment and a more commoditized industry. In addition, the market's growth is being stifled by strict regulatory approvals for new product launches.
This research report on the North American Medical Suction Devices Market has been segmented & sub-segmented into the following categories:
By End User:
Geographically, the North American area dominates the global medical suction devices market because of the increased usage of suction devices in the treatment of chronic respiratory disorders and surgical operations. Medical suction devices are used in various medical procedures, including removing saliva, mucus, and other fluids from the respiratory tract using a vacuum.
As a result of the rising prevalence of respiratory illnesses, demand for these devices is expected to increase significantly in the coming year. Because of the high prevalence of chronic respiratory diseases in the region, the United States medical suction devices market is expected to lead medical suction devices in North America.
KEY MARKET PARTICIPANTS
Notable companies leading the North 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.,
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