Medical Suction Devices Market Worth USD 886.3 Million by 2020 - Increased Demand for Portable Suction Devices - Research and Markets
DUBLIN, May 26, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Medical Suction Devices Market by Type, Application, Portability and End User - Global Forecast to 2020" report to their offering.
The medical suction devices market is expected to reach USD 886.3 Million by 2020 from USD 732.0 Million in 2015. Major factors driving the growth of this market the paradigm shift from traditional healthcare settings to home healthcare and the increasing need for compact and portable devices.
Growth in this market can primarily be attributed to the paradigm shift from traditional healthcare settings to home healthcare and the increasing need for compact and portable devices. Moreover, the rising adoption of home care has led to the increased demand of portable suction devices, as they are reliable & easy to use and have high durability & robustness. This helps healthcare providers and patients to use suction devices without any assistance.
The other factors contributing to the growth of this market include rising aging population (with the rising aging population the need for emergency care increases, which in turn increases the demand for handheld devices that provide instant relief to patients), declining prices of suction devices, rising incidences of chronic respiratory diseases, and rise in the number of surgical procedures (which have increased the usage of suction devices that are specifically used during surgeries).
In addition, emerging markets have opened an array of opportunities for players in the medical suction devices market; however, the highly commoditized market and limited reimbursement policies could hinder the growth of this market to a certain extent during the forecast period.
The market in Asia is expected to grow at a highest CAGR during the forecast period. Factors such as growth in its aging population and the consequent increase in home care, and the rising prevalence of chronic diseases are responsible for growth of medical suction device market in Asia-Pacific region. Furthermore, the increasing focus of prominent players on APAC is another factor driving the growth of this market.
Companies Mentioned:
- Allied Healthcare Products, Inc.
- Amsino International, Inc.
- Atmos Medizintechnik GmbH & Co. Kg
- Drive Medical
- Integra Biosciences
- Labconco Corporation
- Laerdal Medical
- Medela Holding AG
- Medicop
- MG Electric Ltd.
- Olympus Corporation
- Precision Medical, Inc.
- Sscor, Inc.
- Weinmann Geräte Für Medizin GmbH + Co. Kg
- Welch Vacuum (A Gardner Denver Company)
- Zoll Medical Corporation (An Asahi Kasei Group Company)
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Medical Suction Device Market, By Portability
8 Medical Suction Device Market, By Type
9 Medical Suction Device Market, By Application
10 Medical Suction Device Market, By End User
11 Geographic Analysis
12 Patent Analysis
13 Competitive Landscape
14 Company Profiles
For more information visit http://www.researchandmarkets.com/research/zl6j55/medical_suction
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SOURCE Research and Markets
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