Market Overview:
The global suction coagulators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of cancer. In addition, technological advancements in suction coagulators are also contributing to the growth of this market. Based on type, the handswitch suction coagulators segment is expected to account for the largest share of the global suction coagulators market in 2018. This segment is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The large share of this segment can be attributed to its low cost and easy operability as compared with footswitch suction coagulators.
Product Definition:
Suction coagulators are medical devices that use suction to remove blood and other fluids from a wound. This helps to clean the wound and also helps to stop the bleeding. Suction coagulators are important because they can help to clean and stop the bleeding of wounds, which can help prevent infection and improve healing.
Handswitch Suction Coagulators:
Handswitch suction coagulators are medical devices used to remove blood from the hand. It is a mechanical device that switches on and off according to the position of a switch attached to the wristband. The product has gained popularity owing to its ease of use, safety, and effectiveness in reducing contamination levels during surgery.
Footswitch Suction Coagulators:
A footswitch suction coagulators is a device used to remove blood from the vacuum pump. It works on the principle of air pressure difference between two feet, which causes blood to clot in one of them and collect in a basin attached to the other end. The switch can be turned on or off according to requirement by pressing it with your foot, thus controlling suction within the pump.
Application Insights:
The general surgery segment dominated the global market in 2017. The growing number of general surgeries is anticipated to boost product demand over the forecast period. General surgery includes various procedures such as laparoscopic and open surgeries performed by surgeons with less than 3 years of experience. According to a study published by NCBI, it was found that approximately 1/3rd of all surgical procedures are performed on people aged 65 years or above which is expected to drive product demand over the forecast period.
Cardiovascular surgery held a significant share in 2017 owing to increasing incidence rates and awareness regarding risk factors associated with cardiovascular diseases (CVDs). According to WHO, globally around 17 million deaths occur due to CVDs every year which accounts for about 30% of all deaths worldwide thus driving its demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high adoption rate for advanced suction devices are some of the major factors responsible for its large share. Furthermore, increasing government initiatives to create awareness regarding suction devices is also expected to drive regional growth over the forecast period. For instance, in February 2018, a collaboration was launched by Philips and AHA (American Heart Association) to spread awareness about cardiovascular disease prevention through better hygiene practices and the use of vacuum devices.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily owing to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Suction coagulators are ideally suited for use in minimally invasive surgeries due to their small size and portability.
- Growing popularity of laparoscopic surgery: Laparoscopic surgery is a type of minimally invasive surgery that uses a thin tube with a camera (laparoscope) inserted through a small incision in the abdomen to view the internal organs. Due to its many advantages over traditional open surgery, laparoscopic surgery has gained increasing popularity in recent years. Suction coagulators are well-suited for use in laparoscopic procedures due to their small size and low power requirements.
- Rising incidence of cancer: Cancer is one of the leading causes of death worldwide, accounting for 7 million deaths per year according to WHO estimates . The incidence of cancer is rising rapidly due mainlyto aging populations and lifestyle changes . This growing prevalence of cancer presents an opportunity for suction coagulators manufacturers as these devices can be used extensively in oncological procedures such as tumor resections or lymph node dissections .
- . Technological advancements: The suction coagulator market has seen
Scope Of The Report
Report Attributes
Report Details
Report Title
Suction Coagulators Market Research Report
By Type
Handswitch Suction Coagulators, Footswitch Suction Coagulators
By Application
General Surgery, Cardiovascular Surgery, Neurosurgery, Others
By Companies
Covidien(Medtronic), Bovie Medical, Megadyne, Conmed, DeRoyal, Kirwan Surgical Products, LLC, HCP-Austria
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Suction Coagulators Market Report Segments:
The global Suction Coagulators market is segmented on the basis of:
Types
Handswitch Suction Coagulators, Footswitch Suction Coagulators
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Surgery, Cardiovascular Surgery, Neurosurgery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Covidien(Medtronic)
- Bovie Medical
- Megadyne
- Conmed
- DeRoyal
- Kirwan Surgical Products, LLC
- HCP-Austria
Highlights of The Suction Coagulators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handswitch Suction Coagulators
- Footswitch Suction Coagulators
- By Application:
- General Surgery
- Cardiovascular Surgery
- Neurosurgery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Suction Coagulators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Suction coagulators are medical devices that use a vacuum to help stop bleeding. They work by applying pressure to the wound and causing it to close up.
Some of the major companies in the suction coagulators market are Covidien(Medtronic), Bovie Medical, Megadyne, Conmed, DeRoyal, Kirwan Surgical Products, LLC, HCP-Austria.
The suction coagulators market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Suction Coagulators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Suction Coagulators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Suction Coagulators Market - Supply Chain
4.5. Global Suction Coagulators Market Forecast
4.5.1. Suction Coagulators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Suction Coagulators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Suction Coagulators Market Absolute $ Opportunity
5. Global Suction Coagulators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Suction Coagulators Market Size and Volume Forecast by Type
5.3.1. Handswitch Suction Coagulators
5.3.2. Footswitch Suction Coagulators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Suction Coagulators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Suction Coagulators Market Size and Volume Forecast by Application
6.3.1. General Surgery
6.3.2. Cardiovascular Surgery
6.3.3. Neurosurgery
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Suction Coagulators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Suction Coagulators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Suction Coagulators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Suction Coagulators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Suction Coagulators Demand Share Forecast, 2019-2026
9. North America Suction Coagulators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Suction Coagulators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Suction Coagulators Market Size and Volume Forecast by Application
9.4.1. General Surgery
9.4.2. Cardiovascular Surgery
9.4.3. Neurosurgery
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Suction Coagulators Market Size and Volume Forecast by Type
9.7.1. Handswitch Suction Coagulators
9.7.2. Footswitch Suction Coagulators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Suction Coagulators Demand Share Forecast, 2019-2026
10. Latin America Suction Coagulators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Suction Coagulators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Suction Coagulators Market Size and Volume Forecast by Application
10.4.1. General Surgery
10.4.2. Cardiovascular Surgery
10.4.3. Neurosurgery
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Suction Coagulators Market Size and Volume Forecast by Type
10.7.1. Handswitch Suction Coagulators
10.7.2. Footswitch Suction Coagulators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Suction Coagulators Demand Share Forecast, 2019-2026
11. Europe Suction Coagulators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Suction Coagulators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Suction Coagulators Market Size and Volume Forecast by Application
11.4.1. General Surgery
11.4.2. Cardiovascular Surgery
11.4.3. Neurosurgery
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Suction Coagulators Market Size and Volume Forecast by Type
11.7.1. Handswitch Suction Coagulators
11.7.2. Footswitch Suction Coagulators
11.8. Basis Point Share (BPS) Analysis byType
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Suction Coagulators Demand Share, 2019-2026
12. Asia Pacific Suction Coagulators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Suction Coagulators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Suction Coagulators Market Size and Volume Forecast by Application
12.4.1. General Surgery
12.4.2. Cardiovascular Surgery
12.4.3. Neurosurgery
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Suction Coagulators Market Size and Volume Forecast by Type
12.7.1. Handswitch Suction Coagulators
12.7.2. Footswitch Suction Coagulators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Suction Coagulators Demand Share, 2019-2026
13. Middle East & Africa Suction Coagulators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Suction Coagulators Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Suction Coagulators Market Size and Volume Forecast by Application
13.4.1. General Surgery
13.4.2. Cardiovascular Surgery
13.4.3. Neurosurgery
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Suction Coagulators Market Size and Volume Forecast by Type
13.7.1. Handswitch Suction Coagulators
13.7.2. Footswitch Suction Coagulators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Suction Coagulators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Suction Coagulators Market: Market Share Analysis
14.2. Suction Coagulators Distributors and Customers
14.3. Suction Coagulators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Covidien(Medtronic)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bovie Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Megadyne
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Conmed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DeRoyal
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kirwan Surgical Products, LLC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HCP-Austria
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
