The medical vaccum systems are considered as an essential part of medical gases in healthcare facilities to ensure patient safety. Medical vacuum system are designed to provide a safe system with sufficient vacuum and to provide the required pressure. Vacuum is available from wall inlets located in the healthcare facility designed to create suction system to remove unwanted fluids or gases from hospital or laboratory working areas.
However, the scope for medical vaccum is growing with increasing investments made in the healthcare sector and rising number of surgeries coupled with diagnostic imaging procedures are boosting the market development.
Medical Vacuum System Market Outlook
- Growing technological advancements in vacuum systems and the surge in the awareness levels of people towards the frequency of chronic ailments and its treatment coupled are fueling the market growth
- Moreover, the rising prevalence of the chronic and infectious diseases are also responsible for market development
- However, stringent regulations and strict governing charter directing the utility of these products and also the high cost of the products are inflating the market growth
Medical Vacuum System Market COVID-19 Impact
- The global pandemic of Coronavirus (COVID-19) has triggered stock market instability, tight border controls, and worldwide lockdown, leading the healthcare industry, as well as large companies and governments, to restock supply chains
- The whole world is experiencing severe impact on social and financial sectors, and all global industries are facing challenges during the COVID-19 pandemic
- Rising support from governments and several companies can help in the fight against this highly contagious disease
Medical Vacuum System Market Overview
- The medical vacuum system market is segmented by product, technology, application, end user and geography
- The various products for medical vacuum systems are centralized vacuum systems, accessories and portable & compact vacuum system and standalone vacuum systems
- The technology used in the products are dry claw vacuum pump technology, dry rotary vane technology, oil-sealed liquid ring technology, oil-sealed rotary vane technology, water-sealed liquid ring technology
- The medical vacuum system are used in therapeutic applications, gynecology applications, dental applications, pharma-biotech manufacturing, diagnostic applications and research applications
- Various end users in medical vacuum system market are diagnostic laboratories, research laboratories and academic institutes, hospitals, surgical centers, and ambulatory care centers and pharmaceutical and biotechnology manufacturer
Medical Vacuum System Market by Geography
Medical vacuum system market is analyzed across the various regions geographically including North America, Europe, Asia Pacific and rest of world. In 2019, the North America held the dominant position due to increase in the surgical methods and rising number of end-users. Asia pacific is expected to grow rapidly during projection period due to improvements in healthcare systems, thriving medical tourism activities and increasing government initiatives for the modernization of healthcare infrastructures in the region.
Medical Vacuum System Market Key Players
Pivotal market performers in the medical vacuum system market are Zoll Medical Corporation, Precision Medical, Inc., Olympus Corporation, Ohio Medical Corporation, Medela Holding AG, Laerdal Medical ,Integra Biosciences Ltd, Gardner Denver, Drägerwerk AG, ConvaTec Group plc, Busch Holding GmbH, Atlas Copco AB, Allied Healthcare Products, Inc., Air Techniques, Inc., Medico Specialna oprema D.O.O., Genstar Technologies CO., INC. Major players operating in this market are focusing on merging, acquisitions and advancement in the products as novel treatment therapies for the disease, to enhance the market share.
The medical vacuum system market is segmented by product, technology, application, end user and geography. The various products for medical vacuum systems are centralized vacuum systems, accessories and portable & compact vacuum system and standalone vacuum systems. The technology used in the products are dry claw vacuum pump technology, dry rotary vane technology, oil-sealed liquid ring technology, oil-sealed rotary vane technology, water-sealed liquid ring technology. The medical vacuum system are used in therapeutic applications, gynecology applications, dental applications, pharma-biotech manufacturing, diagnostic applications and research applications.
Diagnostic laboratories, research laboratories and academic institutes, hospitals, surgical centers, and ambulatory care centers and pharmaceutical and biotechnology manufactures are the various end users in medical vacuum system market. Medical vacuum system market is examined across the various regions geographically including North America, Europe, Asia Pacific and rest of world where in 2019, the North America held the dominant position owing to increase in the surgical methods and rising number of end-users.
Why to buy this report:
- The report offers changing market dynamics in the medical vacuum system market, presenting historical, current and projected market size in terms of value (USD Million).
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of medical vacuum system market
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the medical vacuum system market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of medical vacuum system market
