The presence of major players such as Precision Medical and well-established healthcare
infrastructure are the driving factors for the North America medical suction devices market.
Moreover, the approval from regulatory body U.S. FDA will further fuel the growth. Asia
Pacific medical suction devices market will grow rapidly during the forecast period owing to
rising health awareness and prevalence of chronic diseases in the region. According to the
WHO statistics, 11% of total deaths in India are due to lung diseases. This depicts the large
patient pool in the country.
Europe medical suction devices market is expected to witness significant growth owing to
increasing prevalence of respiratory diseases, growing geriatric population and availability of
well-established healthcare system. As per the European Respiratory Society 2015 report, 10
billion people were accounted to be suffering from Asthma in the region.
The increasing healthcare expenditure in the region has stimulated the growth of more
economical devices such as home healthcare portable devices. In Brazil, tax funded programs
such as unified health system has provided people with medical coverage. These trends in
government initiatives will stimulate the region market growth. According to the Institute for
health metrics and evaluation Mexico, in 2015, chronic obstructive pulmonary disease
accounted for 30% of total deaths in country. Saudi Arabia and South Africa are major
marketplaces in MEA providing immense growth opportunities. Favorable healthcare policies
and well-established healthcare infrastructure are the key drivers for the regional growth.
Some of the players operating in the medical suction devices market include Precision
Medical, Amsino International, Drive Medical, Allied Healthcare Products, Welch Vacuum,
Integra Biosciences, ATMOS Medizin Technik, SSCOR, ZOLL Medical, Labconco,
Olympus, and Medela Holding. Companies focus on innovation and cost reduction to ensure
market sustainability. Major industry players implement growth strategies through
partnerships and collaborations in order to expand overall business share.
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