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The global surgical suction pumps market size stood at a value of around USD 1.21 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.90% to reach USD 1.87 billion by 2032.
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Venturi pumps enable healthcare professionals to create a present level of vacuum without blocking the phaco needle tip. In addition to this, the higher rise time upon occlusion, along with the greater potential for high effective flow rates in sense organs such as eye, are the major advantages offed by the product. Hence, venturi pumps are witnessing a significant demand for the product.
Moreover, venturi pumps suck the body fluids or mucus in the absence of vacuum pipeline network. In the span of the forecast period, the anticipated increase in inclination of doctors towards fast, efficient, and immediately responsive surgical pumps is likely to accelerate the segment’s growth. Furthermore, venturi surgical suction pumps consume lower amounts of energy as compared to their counterparts, which is anticipated to be a crucial driving factor of the segment and overall surgical suction pumps market.
The market in the North America region is being driven by the technological advancements in the healthcare infrastructure. The United States is one of the highest spenders on healthcare and is anticipated to witness a steady growth due to the increasing healthcare awareness and favourable reimbursement policies of the government.
Over the forecast period, the strong foothold of major medical equipment manufacturers in the region is likely to lead to progressive product innovations. Furthermore, the market is anticipated to be propelled by the rising increasing cases of cardiovascular diseases in the region.
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Surgical suction pumps are the medical equipment which are used during pre or post-surgery for the removal of surgical fluids, tissues, or other bodily fluids. These pumps are used for removing fluids from various organs in case of infection. Surgical suction pumps are lightweight and compact. These pumps work on vacuum technology.
Based on product type, the surgical suction pumps market can be segmented into:
By modality, the market has been bifurcated into:
On the basis of application, the market has been categorised into:
The significant end uses of the product include:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing prevalence of general and urological surgeries owing to the rising geriatric population, increasing healthcare awareness, and surging cases of injuries and cardiovascular diseases, is driving the demand for surgical suction pumps. In addition to this, the heightened deployment of surgical suction pumps in hospitals and ambulatory surgical centres, to suck gases and fluids during infections in sensitive areas are further propelling the surgical suction pumps market growth.
Across the forecast period, the anticipated increase in spending on body aesthetics is likely to accelerate the demand for liposuction, thereby, generating a significant demand for surgical suction pumps. The growing research and development activities by the major market players aimed towards producing superior quality surgical suction pumps are anticipated to add to the market growth in the coming years. The market is likely to be aided by the factors such as rising healthcare expenditure and increasing disposable income across the emerging economies.
The report gives a detailed analysis of the following key players in the global surgical suction pumps market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Modality |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market attained a value of nearly USD 1.21 billion.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1.87 billion by 2032.
The market is estimated to grow at a CAGR of 4.90% between 2024 and 2032.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major market drivers include the increasing prevalence of chronic diseases leading to heightened cases of general and urological surgeries, rising demand for pumps in liposuction, and rising geriatric population.
The growing research and development activities by the major market players aimed towards developing superior quality surgical suction pumps are likely to be the key trends in the market.
Electric, pneumatic, and venturi are the different segments based on product types.
Fixed and portable is the segmentation of market based on modality.
Laparoscopy, liposuction, thoracic drainage, general surgery, and urology, among others are the different applications considered in the market report.
Hospitals and clinics, and ambulatory surgical centres, among others are the significant end uses of the product.
The major players in the industry are Medela AG, Stryker Corporation, Allied Healthcare Products, Inc., HERSILL S.L., and Zimed Healthcare Ltd, among others.
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+1-415-325-5166
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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