Surgical Suction Instruments Market is likely to register CAGR of 5.3% through 2032


The increasing number of surgical procedures performed around the world is a major factor driving the growth of the surgical suction instruments market.

The global Surgical Suction Instruments Market was worth US$ 363.11 million in 2021, and it is expected to be worth US$ 380.5 million by the end of 2022. By 2032, the market is expected to be worth US$ 637.71 million, representing a 5.3% CAGR over the next decade.

Surgical Suction Instruments are medical devices that are utilised during open surgical procedures. Surgical suction devices are used to remove material from surgical areas. Surgical suction devices can perform tiny and sensitive suction to eliminate material during an open surgical procedure. Based on their technology, surgical suction devices are divided into two types: Slit Tip (Vallfors) and Maxi (double-lumen).

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Advent of Telehealth and Virtual Care to Create Tailwind for the Surgical Suction Instruments Market Growth

Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.

During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.

Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Surgical Suction Instruments market.

Key Surgical Suction Instruments Market Takeaways and Projections

  • The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
  • Germany Surgical Suction Instruments market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
  • China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
  • India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.

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Report Benefits & Key Questions Answered

  • Surgical Suction Instruments Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Surgical Suction Instruments market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
  • Surgical Suction Instruments Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Surgical Suction Instruments market. As per the survey, Surgical Suction Instruments sales will project steady growth over the forecast period.
  • Surgical Suction Instruments Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Surgical Suction Instruments market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
  • Surgical Suction Instruments Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.

Competitive Landscape Analysis

The latest study conducted by FMI provides in-depth insights into the global Surgical Suction Instruments market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Surgical Suction Instruments market.

Some of the prominent market players are profiled by FMI are:

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

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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
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

About Future Market Insights

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.

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Published in

Health

Published on

May 31, 2023

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