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Market Research Future published a research report on Medical Vacuum Systems Industry Research Report – Global Forecast till 2023. Report gives a clear picture of current market scenario which includes past and estimated future market size. The
Medical Vacuum Systems MarketOverview
The global Medical Vacuum Systems Industry held a market value of USD 1,030.5 million in 2017 and is projected to grow at a CAGR of 7.1% over the forecast period. Vacuum system maintains the pressure inside a chamber under the value of the atmospheric pressure. A medical vacuum system provides a safe, adequate flow of vacuum, and the required pressure to be used in the healthcare facilities such as operating theaters (OTs), intensive care centers, and emergency and respirology / general medicine units.
The market is driven by factors such as the worldwide surging number of surgical and diagnostic imaging procedures, technological advancements in vacuum systems, and the presence of regulatory frameworks mandating the use of vacuum systems in the healthcare settings coupled with rising adoption of medical vacuum systems. For instance, as per the statistics published by the World Health Organization (WHO), in 2004, the number of surgeries performed across the world was 226.4 million that was increased to 312.9 million in 2012 (with the mean global surgical rate of 4,469 operations per 100,000 individuals per year), which further reached to 3.4 million procedures in 2017. In contrast, the high cost of vacuum systems and heavy structure of vacuum equipment are anticipated to limit its adoption over the forecast period from 2018 to 2023.
Segmentation
The global Medical Vacuum Systems Industry has been segmented into product, technology, application, end user, and region.
By product, the market has been segmented into standalone vacuum systems, centralized vacuum systems, portable and compact vacuum systems, and accessories.
On the basis of technology, the market has been divided into dry claw vacuum pump technology, dry rotary vane technology, oil-sealed rotary vane technology, oil-sealed liquid ring technology, and water-sealed liquid ring technology.
Based on application, the market has been categorized into therapeutic applications, diagnostic, research, and pharmaceutical, and biotechnology manufacturing. The therapeutic applications segment is further categorized into wound care, dental, anesthesiology, and gynecology.
By end user, the market has been categorized into hospitals, clinics, and surgery centers, pharmaceutical and biotechnology industries, diagnostic laboratories, and research and academic institutes.
Regional Analysis
The global medical vacuum systems market has been segmented by region into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. On a regional basis, the Americas is expected to command the global medical vacuum systems market. This is attributed to the presence of key market participants (Olympus Corporation, ZOLL Medical Corporation, Ohio Medical Corporation, Precision Medical, Inc.) and sophisticated healthcare infrastructure, implementation of regulatory norms for cleanroom maintenance, manufacturing guidelines, and surgical protocols, rising number of target surgical procedures, increasing end user base, and growth in healthcare expenditure in the US and Canada.
Market Key Players
Some of the spearheading players in the global Medical Vacuum Systems Industry are Olympus Corporation, Atlas Copco AB, ZOLL Medical Corporation, Integra Biosciences AG, Ohio Medical Corporation, Precision Medical, Inc., Drägerwerk AG & Co. KGaA, Busch Holding GmbH, Medela Holding AG, BeaconMedæs, Gardner Denver, Inc., DEKKER Vacuum Technologies, Inc., Allied Healthcare Products, Inc., and Air Techniques, Inc.
Browse the complete report on Medical Vacuum Systems Market Research Report: By Product (Standalone Vacuum Systems, Centralized Vacuum Systems, Portable, and Compact), Technology (Dry Claw Vacuum Pump Technology), Application (Therapeutic), End User, & Region — Global Forecast till 2023
Intended Audience
Medical vacuum system manufacturers, dealers, and suppliers
Venture capitalists
Association and government bodies
Market research and consulting service providers
Hospitals and clinics
Research and academic institutes
Corporate entities
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