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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024Low Power Wide Area Network Medical Suction Devices Market Size, Industry Analysis Report, Regional Outlook from 2017 to 2024.: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Rising prevalence of chronic diseases, high adoption rate of home healthcare and growing ageing population are the primary factors stimulating Medical Suction Devices Market growth.  As per the World Health Organization, in 2015, about 3 million people died of chronic obstructive pulmonary disease (COPD) globally.  Medical suction devices have widespread clinical applications as they are utilized for eliminating unwanted substances from body such as removal of blood from skull post intracranial hemorrhage, clearing airway of saliva, blood, and other secretions.  Home healthcare devices are durable and easy to operate. The rise in use of portable home healthcare devices will fuel the product demand. Regional Analysis of Medical Suction Devices Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The U.S. government has launched a program called Health people 2020 to make individuals aware about the respiratory diseases such as COPD.  Government initiatives undertaken to reduce the burden of respiratory diseases will further contribute to the industry growth.  Medicines and Healthcare products Regulatory Agency (MHRA), the U.S. Food and Drug Administration and Central Drugs Standard Control Organization provides favorable regulatory frameworks to support the product use.  Limited reimbursement policies in case of home healthcare devices may hinder medical suction devices market growth.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Non-portable suction devices will dominate the industry during the forecast period owing to the rising number of surgeries.  Moreover, the sales of portable suction devices are expected to grow rapidly due to ease of use and cost-effective prices. Electrical vacuum system will foresee lucrative growth in the coming years owing to its rising use in hospital surgeries. Hospitals and clinics segment will lead owing to the availability of latest technology and expertise in healthcare facilities.  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. Competitive Market Share of Medical Suction Devices Market

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Medical Suction Devices Market @ http://bit.ly/2tG9rw6http://bit.ly/2tG9rw6 Request for an in-depth table of contents for this report @ http://bit.ly/2v2ZYiW http://bit.ly/2v2ZYiW

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