The global surgical suction instruments market was valued at US$ 363.11 Million in 2021, forecast to reach US$ 380.5 Million by the end of 2022. By 2032, the industry is projected to be valued at US$ 637.71 Million, reflecting a CAGR of 5.3% in the upcoming decade.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | US$ 363.11 Million |
| Expected Market Value (2022) | US$ 380.5 Million |
| Projected Market Value (2032) | US$ 637.71 Million |
| Global Growth Rate (2022 to 2032) | 5.3% CAGR |
Surgical suction instruments are a type of medical device used during open surgical procedures. The primary purpose of surgical suction instruments is to remove debris from surgical sites. During an open surgical procedure, surgical suction instruments can perform fine and delicate suction to evacuate debris. Surgical suction instruments are classified into two types based on their technology: Slit Tip (Vallfors) and Maxi (double-lumen).
The inner and outer surfaces of surgical suction instruments are smooth, allowing for fine debris removal while reducing the risk of blockage. Both disposable and reusable surgical suction instruments are available on the market, and the surgeon has chosen the appropriate type of surgical suction instrument based on the needs of the surgery.
The increasing number of surgical procedures performed around the world is a major factor driving the growth of the surgical suction instruments market. The availability of various types of surgical suction instruments based on the surgical procedure is also increasing demand for the surgical suction instruments market. Furthermore, technological advancements in the field of surgical instruments may result in robust growth of the surgical suction instruments market during the forecast period.
Furthermore, rising per capita healthcare expenditure and disposable income in developing countries are driving the growth of the surgical suction instrument market.
Because of the rising prevalence of lifestyle diseases that necessitate surgical intervention, the Surgical Suction Instruments market is expected to grow rapidly over the forecast period. More than 350 million surgical procedures were performed worldwide, according to the World Health Organization.
Because retractors are more widely used than other instruments, they are expected to account for the majority of revenue in the Surgical Suction Instruments market. Disposable Surgical Suction Instruments are more widely accepted because they are sterile and reduce the risk of infection. As a result, the disposable segment will have a higher revenue share than the reusable segment in the Surgical Suction Instruments market.
Because of the large number of hospitals in India and China, Asia-Pacific is expected to be the dominant region for the Surgical Suction Instruments market. Furthermore, the rising number of surgical interventions in these countries is driving the market for Surgical Suction Instruments. Following Asia-Pacific, Europe is the second-largest market for Surgical Suction Instruments, owing to the increased adoption of surgical instruments in this region.
During the forecast period of 2021 to 2031, the Asia Pacific Surgical Suction Devices Market is expected to grow by USD 370 million by 2032. Rising pollution levels in countries such as India and China, rising birth rates, and rapid technological advancements are expected to fuel the market even further.
In 2022, the European medical suction devices market is expected to be worth US$ 280.34 Million. During the forecast period of 2022 to 2032, it is expected to grow at a CAGR of 4.9%. Suction devices that are small and portable are currently being developed, and they are expected to shift the treatment process from the hospital to the patient's home.
Because they are dependable, simple to use, and long-lasting, medical suction devices are in high demand, particularly in-home healthcare. As a result of these technological advancements, the market for medical suction devices has expanded.
Some of the key participants present in the global Surgical Suction Instruments market include CONMED Corporation, Cardinal Health, Medline Industries, Inc., Allied Healthcare Products, Amsino International Inc., Apex Medical, Applied Medical Resources Corp., Bel-Art Products, Bemis Mfg., Bionix and Busse Hosp.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 5.3% until 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product Type, Usability, End User, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, Russia, Australia & New Zealand, China, Japan, South Korea, India, ASEAN, GCC, South Africa |
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FMI projects the global surgical suction instruments market to expand at a 5.3% value CAGR by 2032
Europe is expected to be a promising surgical suction instruments market, forecast to expand at a CAGR of 4.9% until 2032
CONMED Corporation, Cardinal Health, Medline Industries, Inc. and Allied Healthcare Products are some prominent surgical suction instruments manufacturers.
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Surgical Suction Instruments Market
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