The global medical vacuum systems market is projected to reach USD 1.6 billion by 2024 from USD 1.1 billion in 2018, at a CAGR of 6.3%. On the basis of technology, the medical vacuum systems market is segmented into dry claw pump technology, dry rotary vane technology, oil-sealed rotary vane technology, oil-sealed liquid ring technology, and water-sealed liquid ring technology. —
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The medical vacuum systems market is segmented into standalone vacuum systems centralized vacuum systems, portable vacuum systems, and accessories. The standalone vacuum systems segment is expected to hold the largest share of the market mainly due to the huge end-user base for compact/standalone products, high adoption of these systems among dental clinics and research labs, and their advantages in the aforementioned settings.
The medical vacuum systems market is segmented into hospitals, surgical centers, and ambulatory care centers; diagnostic laboratories; pharmaceutical and biotechnology manufacturers; and research laboratories and academic institutes. The hospitals, surgical centers, and ambulatory care centers segment is expected to grow at the highest CAGR due to the current trend of device miniaturization, the rising number of target procedures performed globally, procedural efficiency of medical vacuum systems in this healthcare setting, and their durability.
1 Medical Vacuum System: Market Overview
2 Medical Vacuum Systems Market, By Product Type, 2018 vs 2024 (USD Million)
3 Medical Vacuum Systems Market, By Technology, 2018 vs 2024 (USD Million)
4 Medical Vacuum Systems Market, By Application, 2018 vs 2024 (USD Million)
5 Medical Vacuum Systems Market, By End User, 2018 vs 2024 (USD Million)
6 Medical Vacuum Systems Market: Geographical Snapshot
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The major players operating in the global medical vacuum systems market are Atlas Copco AB (Sweden), Gardner Denver Holdings (US), Busch Holding GmbH (Germany), Drägerwerk AG & Co. KGaA (Germany), Asahi Kasei ZOLL Medical Corporation (Japan), Olympus Corporation (Japan), ConvaTec (UK), INTEGRA Holdings (US), Allied Healthcare Products Inc. (US), Medela AG (Switzerland), Air Techniques (US), Laerdal Medical (Norway), Precision Medical, Inc. (US), Medicop (Slovenia), and Ohio Medical Corporation (US).
#Table of Content
2 Research Methodologies
3 Executive Summaries
4 Premium Insights
5 Market Overview
6 Medical Vacuum Systems Market, By Product Type
7 Medical Vacuum Systems Market, By Technology
8 Medical Vacuum Systems Market, By Application
9 Medical Vacuum Systems Market, By End User
10 Medical Vacuum Systems Market, By Region
11 Competitive Landscapes
12 Company Profiles
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The medical vacuum systems market is segmented into pharma-biotech manufacturing, therapeutic applications, diagnostic applications, and research applications. The therapeutic applications segment accounted for the largest share of the medical vacuum systems market in 2018 due to the rising incidence of dental caries and other periodontal diseases, increasing use of NPWT for diabetic ulcer management, and the increasing number of target medical procedures across major markets.
Breakdown of supply-side primary interviews:
• By Company Type : Tier 1 – 45%, Tier 2 – 34%, and Tier 3 – 21%
• By Designation: C-level – 14%, Director-level – 10%, and Others – 76%
• By Region : Europe - 35%, North America – 32%, APAC – 25%, and RoW – 8%
Asia Pacific medical vacuum market is estimated to grow at the highest CAGR during the forecast period majorly due to the increasing incidence of respiratory diseases (coupled with the rising number of surgical procedures); improvements in healthcare systems; rising medical tourism; increasing government initiatives for the modernization of healthcare infrastructures; and the increasing number of hospitals, research centers, medical laboratories, and pharmaceutical and biotechnology companies in several APAC countries.
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