Market Trends of Global Medical Suction Devices Industry
This section covers the major market trends shaping the Medical Suction Devices Market according to our research experts:
Airway Clearing Segment is Expected to Witness Significant Growth Over the Forecast Period
The airway clearing segment is expected to hold a significant market share over the forecast period. When an individual is unable to clear secretions such as saliva and mucus due to a lack of consciousness or an ongoing medical procedure, suction machines help them breathe and maintain a clear airway. There has been an unprecedented surge in airway emergencies after the pandemic, which affected millions of people. This led to a need for more airway suctioning devices, which should help the segment grow in the future.
According to an article updated by NCBI in September 2022, it has been observed that accurate suctioning methods provide patients with a good outcome. Complications are rare with airway clearance suctioning. The same source stated that airway clearance suction is used for indications such as patients with altered mental status or under the effects of sedatives or hypnotics; neuromuscular disease; atonia or hypotonia; and patients with copious respiratory secretions, among other indications.
Moreover, the increasing geriatric population around the world is also expected to boost segment growth, as old age is often associated with severe respiratory diseases. Additionally, as per the CDC update of December 2022, the percentage of adults who have ever been diagnosed with COPD, emphysema, or chronic bronchitis was 4.6% in 2021. Further, the number of visits to emergency departments with COPD as the primary diagnosis was 781,000 in 2021. Thus, with an increase in COPD cases, the demand for airway clearance devices is expected to increase, thereby driving the growth of the segment.
Therefore, the clinical significance of airway suctioning devices and the rising prevalence of respiratory diseases, coupled with the growing geriatric population, are anticipated to boost the growth of the segment. Hence, driving the growth of the studied segment.
North America is Expected to Hold a Significant Share in the Medical Suction Devices Market Over the Forecast Period
Due to the increasing prevalence of chronic diseases in the United States and other countries in the region, North America is one of the major contributors to the market's growth.
For instance, according to an article published by the Heart and Stroke Foundation of Canada in February 2022, 750,000 people were living with heart failure (HF) in 2021, and 100,000 people are diagnosed with this incurable condition each year in Canada. HF has become a serious and growing problem in Canada. Additionally, as per the American Heart Association Statistical Update for 2021, the prevalence of heart failure is estimated to be 6 million, which is approximately 1.8% of the total United States population. Also, the same source mentioned that heart failure is more prevalent in older age groups. It is projected to increase steadily through the year 2030, and by that time, the prevalence of HF could reach 8.5% of the total United States population.
Moreover, according to the data stated by the Canadian Cancer Society in November 2022, an estimated 233,900 people were diagnosed with cancer in Canada in 2022, and this growth in incidence is largely due to Canada's growing and aging population. The source also stated that lung, breast, prostate, and colorectal cancers were reportedly the most commonly diagnosed cancers among the population in Canada. Thus, the high prevalence of cancer in Canada is also expected to boost market growth in the region.
Hence, owing to the abovementioned factors, the region is expected to gain market share over the forecast period.
