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 (2022-2032)
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.
Which are Some Prominent Drivers Spearheading Surgical Suction Instruments Market Growth?
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.
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Why is Asia-Pacific Emerging as an Opportunistic 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.
How is Europe Contributing to Growth of the Surgical Suction Instruments Market?
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.
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Market Competition
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.
Scope of Report
Report Attribute
Details
Growth Rate
CAGR of 5.3% until 2032
Base Year for Estimation
2021
Historical Data
2015-2020
Forecast Period
2022-2032
Quantitative Units
Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032
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
U.S
Canada
Brazil
Mexico
Germany
U.K
France
Spain
Italy
Russia
Australia & New Zealand
China
Japan
South Korea
India
ASEAN
GCC
South Africa
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Key Segments Covered in the Surgical Suction Instruments Market Report
Product Type:
Surgical Retractor
Handheld Retractor
Self-Retaining Retractor
Surgical Suction Skin Hooks
Surgical Suction Needle Holder
Surgical Suction Chisels
Surgical Suction Gouges
Usability:
Disposable Surgical Suction Instruments
Reusable Surgical Suction Instruments
End User:
Surgical Suction Instruments for Hospitals
Surgical Suction Instruments for Cardiac Cath Laboratories
Surgical Suction Instruments for Ambulatory Surgical Centers
Surgical Suction Instruments for Specialized Clinics
Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
Frequently Asked Questions
What is the anticipated growth of the surgical suction instruments market until 2032?
FMI projects the global surgical suction instruments market to expand at a 5.3% value CAGR by 2032
Which region is forecast to be the most lucrative for surgical suction instruments?
Europe is expected to be a promising surgical suction instruments market, forecast to expand at a CAGR of 4.9% until 2032
Which are some prominent surgical suction instruments manufacturers?
CONMED Corporation, Cardinal Health, Medline Industries, Inc. and Allied Healthcare Products are some prominent surgical suction instruments manufacturers.
