The Surgical Suction Instruments market studied is anticipated to grow with a CAGR of 4.9%, during the forecast period.
- Certain factors that are driving the market growth include increasing number of surgeries, rising healthcare expenditure, and technological advancements.
Worldwide public-health initiatives have traditionally focused on surveillance and control of infectious disease, education, health promotion, and disease prevention. In recent decades, however, gains in life expectancy have changed previous trends of disease in low-income and middle-income countries, especially in the Middle East and Asia.
Surgical services have long been recognised to be an essential if often expensive component of the public-health system. Surgery occurs in every setting from the most resource rich to the most resource limited, and the need has increased greatly with the shifting patterns of disease.
Key Market Trends
Disposable Suction Instruments in the Global Surgical Suction Instruments Market
Hospitals across the world are recognising the benefits of switching to single-use devices and surgical suction instruments reduces the risk of patient-to-patient cross-contamination as well as saving the time and cost involved in reprocessing.
The traditional alternative to single-use instruments is reusable instruments, which have inherent risks when it comes to infection of patients and reliability. Reusable instruments can be perceived to offer false economies to healthcare practitioners and health institutions as a result of these risks.
For instance, in parts of the UK, it is estimated that surgical site infections account for about 16% of all healthcare-associated infections (NICE support for commissioning for surgical site infection, 2013). Hence, by switching to sterile single-use suction instruments, healthcare practitioners would virtually eliminate these associated risks.
North America Dominates the Global Surgical Suction Instruments Market
North America is expected to dominate the overall market, throughout the forecast period. The growth of the United States market can be attributed to better regulations of surgical devices and growing awareness among the population to approach for such procedures in case of injuries and chronic disease problems. Moreover, the companies have well-established direct channel collaboration with hospitals and clinics to serve the surgical suction instruments market.
Competitive Landscape
The global Surgical Suction Instruments market is competitive and consists of a number of major players. Companies like Allied Healthcare Products, Apex Medical, Applied Medical Resources Corp., Bel-Art Products, Bionix, Cantel Medical, Cardinal Health, CONMED Corporation, Medline Industries, Inc.., among others, hold the substantial market share in the market.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allied Healthcare Products
- Apex Medical
- Applied Medical Resources Corp.
- Bel-Art Products
- Bionix
- Cantel Medical
- Cardinal Health
- CONMED Corporation
- Medline Industries, Inc.
Methodology
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