Medical Vacuum Systems Market Present Scenario and Growth Prospects 2030: Market Research Future
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Medical
Vacuum Systems Market Overview
The rising number of surgeries being
conducted every year is expected to fuel demand for the systems in the upcoming
years. In addition, the expansion of the healthcare sector on the global front
is also projected to boost the expansion of the market over the next couple of
years.
Medical vacuum systems are used in
healthcare facilities for maintaining pressure inside a chamber. It helps in
the removal of unwanted fluids or gases from the area. Rising level of
strictness in the maintenance of a clean and hygienic environment in hospitals
is likely to increase demand for these systems in the forthcoming years. Market
Research Future has unfolded in its report that the global Medical Vacuum
Systems Market is anticipated to expand at 6.10% CAGR during the forecast period
2022 to 2030.
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. For instance, the World Health Organization (WHO)
reported that the worldwide population aged 60 years.
Market Segmentation
By product, the global medical vacuum
systems market has been segmented into standalone vacuum systems, portable and
compact vacuum systems, centralized vacuum systems, and accessories.
By technology, the medical vacuum
systems market has been segmented into oil-sealed liquid ring technology, dry
claw vacuum pump technology, oil-sealed rotary vane technology, dry rotary vane
technology, and water-sealed liquid ring technology.
Based on application, the market has
been segmented into therapeutic applications, research, pharmaceutical,
diagnostic, and biotechnology manufacturing. The therapeutic applications
segment has been further segmented into dental, wound care, anesthesiology, and
gynecology.
On the basis of end-user, the market
has been segmented into clinics, and surgery centers, hospitals, diagnostic
laboratories, pharmaceutical and biotechnology industries, and research and
academic institutes.
Regional Analysis
The global medical vacuum systems
market, on the basis of region, has been segmented into Americas, Europe, Asia
Pacific, and the Middle East & Africa (MEA). Americas held the maximum
market share in 2017 and is anticipated to lead market growth over the next few
years. The growth of the key players based out of the region is poised to boost
revenue generation of the medical vacuum systems market in the region over the
next few years. Also, the implementation of stricter regulations for
maintaining hygiene and cleanliness in healthcare facilities is expected to catalyze
profit maximization for the market players. The region houses a technologically
advanced infrastructure which is projected to provide impetus to the growth of
the market in the years to come.
Europe is anticipated to earn
considerable profits owing to the presence of a developed healthcare sector. In
addition, the growth of the medical device industry is also prognosticated to
drive the expansion of the market over the next few years. Asia Pacific is
projected to exhibit significant growth over the next couple of years, which is
attributable to the rising patient population. The region is also anticipated
to benefit from the rising demand for healthcare services and an increasing
number of surgeries.
Competitive Dashboard:
The leaders operating in the global medical
vacuum systems market Players have been studied in this MRFR report for
offering a detailed share analysis. These players include 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.
Key players are emphasizing on the
development of the product portfolio by leveraging technological advancements.
Some of the key strategies devised by the player in the market are mergers
& acquisitions, collaborations, partnerships, etc. Investments in research
& development have been increased exponentially for technological
innovations and product development. This, in turn, is prognosticated to
intensify the competition in the market over the next couple of years.
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