Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Suction Catheters Market size was over USD 475.08 million in 2024 and is anticipated to cross USD 1.31 billion by 2037, growing at more than 8.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of suction catheters is estimated at USD 507.79 million.
The growth of the market can be attributed to the increasing demand for medical suction catheters during operations and treatment of respiratory diseases. Moreover, growing prevalence of respiratory diseases, is also estimated to drive the market growth. Medical suction catheters are used to remove saliva and other fluids from the upper body, generally to remove body fluids from the respiratory tract during a surgery. Moreover, the growing adoption of advanced medical technology across the globe, is estimated to boost the market growth.
Suction Catheters Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Prevalence of Asthma Globally
- Surge in Number of Surgeries
- Growing Adoption of Advanced Technology
Challenges
- High Initial Investment
- Circulation of Generic Equipment across the Globe
Suction Catheters Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
8.1% |
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Base Year Market Size (2024) |
USD 475.08 million |
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Forecast Year Market Size (2037) |
USD 1.31 billion |
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Regional Scope |
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Suction Catheters Segmentation
The market is segmented by application into surgical, airway clearing, research & diagnostics, and others, out of which, the surgical segment is anticipated to hold a substantial share in the global medical suction catheters market over the forecast period. During a surgery, it is required to eliminate any fluid, such as, mucus, saliva or even blood, so that it may not enter the airway. The increasing incidences of surgeries is expected to boost the market growth.
Our in-depth analysis of the global market includes the following segments
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By Product |
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By Application |
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By End-User
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Customize this ReportSuction Catheters Industry - Regional Synopsis
On the basis of geographical analysis, the global medical suction catheters industry is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is expected to hold largest revenue share by 2037, impelled by high geriatric and pediatric population, along with rising cases of asthma in the region. As older people and children are more vulnerable to respiratory diseases, there is a surge in number surgeries conducted every year in the region. This is also expected to boost the market growth. Moreover, the growing adoption of innovative medical equipment in the APAC region is estimated to boost the market growth.
North America Market Analysis
The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the high prevalence of asthma in the region. A report by the Asthma and Allergy Foundation of America (AAFA) stated that approximately 25 million Americans suffer from asthma, including 5.1 million children under the age of 18.
Companies Dominating the Suction Catheters Landscape
- Astellas Pharma Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Adherium Limited
- AstraZeneca Group
- Cohero Health, Inc.
- GlaxoSmithKline plc
- Aevice Health
- Vectura Group plc
- BioTelemetry, Inc.
- Health Care Originals Inc.
- Reciprocal Labs Corporation
In the News
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October 06, 2020: Astellas Pharma Inc. and Iota Biosciences, Inc. announced a merger agreement, following which, Astellas will acquire Iota’s unique bioelectronics technology.
Author Credits: Radhika Pawar
- Report ID: 4033
- Published Date: Dec 24, 2024
- Report Format: PDF, PPT
