Medical suction devices are important part of procedure followed in healthcare industry. It is essential for clinicians to have the reliable, accurate and safe medical suction devices in the hand. The accurate medical suction devices provide controllable suction level and enhances the safety requirements in hospital wards, operatory theaters, pathology laboratories, dental departments, mortuary, and postmortem rooms. The device is used to remove infectious material from wounds or some fluids from patient’s airways or respiratory system. The device might be used during the surgery in the operating room or at bedside of patients.
The increasing prevalence of chronic respiratory diseases driving the medical suction units market
According to World Health Organization (WHO) facts sheet 2015, it was estimated that about 3 million people died due to chronic obstructive pulmonary disease (COPD), which is 5% of all deaths globally are caused by COPD. The increasing incidences of chronic respiratory diseases, such as chronic obstructive pulmonary diseases, asthma, and lung cancer is owing to increase the medical suction units market globally. The regulations provided by the government bodies driving the medical suction units market. For instance, the government bodies like Ministry of Health and Family Welfare (MOHFW), central Drugs standard control Organization (CDSCO) and Association of Indian Medical Device Industry (AIMED) providing the regulatory structure for medical devices, which has positive impact on the medical suction units industry. Advancements in technology help improve the medical devices, collaboration between companies producing the medical devices is boosting the growth of the medical suction units market. The portability, and user friendliness of some of the models of medical suction devices is enhancing its use in medical sector which is also helping to grow the market.
However, the high cost of the suction devices and reimbursement coverage for the homecare suction units are some of the restraints for the medical suction units market.
The increasing homecare market and growing number of pre-hospital will help the dual powered units segment to grow in the future
The global medical suction units market is segmented on the basis of product type, portability, end user, and region
On the basis of product type,
On the basis of portability,
On the basis of end user,
The adoption of technologically advanced medical devices in the patients will aid to boost the growth in the medical suction unit market
Regional segmentation of medical suction units market according to Coherent Market Insights comprises of North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The existence of leading market players, the presence of established healthcare infrastructure is helping North America region to dominate in the regional segment of medical suction unit market. Asia Pacific region is also one of the fastest growing markets for medical suction units. The growing trends in adoption of technologically advanced devices in the people, the untapped customers are some of the reasons which might help to drive the suction unit market in this region.
The market players to focus on cost reduction and innovation to sustain in the highly fragmented medical suction units market globally
Key players operating the highly competitive medical suction units market includes Allied Healthcare Products Inc., Zoll medical Corporation, Amsino International Inc., Medicop, Precision Medical, SSCOR, Drive Medical, Learl Medical, INTEGRA biosciences, and others. The standard set by regulatory authorities like U.S. Food and Drug Administrations (FDA) for manufacturing of medical devices must be followed by the industries so that high quality product reach patients. For instance, the medical suction device can be used in dental, baby delivery, respiratory tract disease treatments, thus the suction units must be designed according to requirements, and this will be must for the industries to hold the medical suction units market. The market players such as Olympus Corporation, Drive Medical, and Siemens Healthcare GmbH are using the collaboration and partnership strategy to expand their market share.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.