Medical Vacuum Systems Market In-Depth Analysis Globally by Top Key Players
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. These systems create a
suction system to eliminate unnecessary fluids or gases from hospital or
laboratory working areas. Factors facilitating the market growth are worldwide
growing geriatric population, increasing number of surgical and diagnostic
imaging procedures, technological developments in vacuum equipment, and the
presence of regulatory frameworks mandating the use of vacuum systems in the
healthcare settings coupled with rising adoption of medical vacuum systems.
The global medical
vacuum systems market 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. For
instance, the World Health Organization (WHO) reported that the worldwide
population aged 60 years and above was 962.0 million in 2017, which is
projected to increase to over 2.0 billion by 2050 and further would reach to
3.1 billion by 2100. On the flip side, the high cost of vacuum systems and
heavy structure of vacuum equipment are anticipated to hinder the market growth
during the forecast period.
Key Players
Some of the spearheading players in the global medical
vacuum systems market 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.
Request
Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7569
Segmentation
The global medical vacuum systems market 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.
Burgeoning medical device sector in the UK, Germany, and
France and the presence of various medical vacuum equipment associations such
as European Industrial Gases Association (EIGA), Association of Vacuum
Equipment Manufacturers (AVEM), and European Association of Manufacturers of
Compressors, Vacuum Pumps are expected to support the second-largest position
of Europe in the global market.
Asia-Pacific is likely to witness the fastest market growth
during the forecast period due to growing aging population coupled with the
rising burden of chronic diseases, increasing per capita spending on
healthcare, and rising adoption of medical vacuum equipment in healthcare
facilities. For instance, as per data published by the World Health
Organization (WHO), in 2016, 40.5 million (71% of total deaths), were happened
due to non-communicable diseases (NCDs) worldwide and more than three quarters
of NCD deaths — 31.5 million occurred in low- and middle-income countries with
around 46% of deaths occurring below the age of 70 in these countries.
The Middle East & Africa has the least share of the
global medical vacuum systems market. In addition, the major market share of
the region would be held by the Middle East region due to the budding medical
device industry and developing healthcare infrastructure in the Gulf
Cooperation Council (GCC) countries.
Browse Detailed TOC
with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/medical-vacuum-systems-market-7569
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to
unravel the complexity of various industries through our Cooked Research Report
(CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR
team have supreme objective to provide the optimum quality market research and
intelligence services to our clients.
Contact:
Akash Anand
Market Research Future
+1 646 845 9312
Comments
Post a Comment