Global $1.6 Bn Medical Vacuum System Market, 2018-2019 & Forecast to 2024
Dublin, March 26, 2019 (GLOBE NEWSWIRE) -- The "Medical Vacuum System Market by Product (Standalone, Centralized, Portable), Technology (Dry Claw, Oil Sealed Rotary Vane, Liquid Ring), Application (Diagnostic, Wound Care, GYN), End user (Pharmaceutical, Diagnostic Labs) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
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%.
The adoption of medical vacuum systems is growing across major healthcare markets. This trend is further supported by technological advancements in vacuum systems, stringent regulatory frameworks mandating the use of vacuum systems, the increasing number of target surgical procedures across major markets, and the rising number of diagnostic imaging procedures.
Moreover, the emerging markets are expected to provide growth opportunities for players in this market. On the other hand, the high cost of products and procedural limitations are expected to challenge market growth in the coming years.
In this report, the medical vacuum systems market is segmented based on products, technologies, end users, applications, and regions.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Medical Vacuum Systems: Market Overview
4.2 Medical Vacuum Systems Market, By Product Type, 2018 vs 2024 (USD Million)
4.3 Medical Vacuum Systems Market, By Technology, 2018 vs 2024 (USD Million)
4.4 Medical Vacuum Systems Market, By Application, 2018 vs 2024 (USD Million)
4.5 Medical Vacuum Systems Market, By End User, 2018 vs 2024 (USD Million)
4.6 Medical Vacuum Systems Market: Geographical Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements in Vacuum Systems
5.2.1.2 Stringent Regulatory Frameworks Mandating the Use of Vacuum Systems
5.2.1.3 Increasing Number of Target Surgical Procedures Across Major Markets
5.2.1.4 Rising Number of Diagnostic Imaging Procedures
5.2.2 Restraints
5.2.2.1 High Cost of Products
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.4 Challenges
5.2.4.1 Procedural Limitations
6 Medical Vacuum Systems Market, By Product Type
6.1 Introduction
6.2 Standalone Vacuum Systems
6.2.1 Standalone Systems Feature Compact Size and Low Energy Requirements
6.2.2 Standalone Vacuum Systems Market Split, By Technology
6.2.3 Standalone Vacuum Systems Market Split, By Application
6.2.4 Standalone Vacuum Systems Market Split, By Therapeutic Applications
6.2.5 Standalone Vacuum Systems Market Split, By End User
6.3 Centralized Vacuum Systems
6.3.1 Product Affordability and Efficiency to Drive Market Growth
6.3.2 Centralized Vacuum Systems Market Split, By Technology
6.3.3 Centralized Vacuum Systems Market Split, By Application
6.3.4 Centralized Vacuum Systems Market Split, By Therapeutic Applications
6.3.5 Centralized Vacuum Systems Market Split, By End User
6.4 Portable and Compact Vacuum Systems
6.4.1 Adoption of Portable and Compact Vacuum Systems Will Be High in Respiratory and Emergency/Trauma Care Settings
6.4.2 Portable and Compact Vacuum Systems Market Split, By Technology
6.4.3 Portable and Compact Vacuum Systems Market Split, By Application
6.4.4 Portable and Compact Vacuum Systems Market Split, By Therapeutic Applications
6.4.5 Portable and Compact Vacuum Systems Market Split, By End User
6.5 Accessories
6.5.1 Increasing Installation of Vacuum Systems Will Propel the Demand for Accessories
6.5.2 Medical Vacuum System Accessories Market Split, By Technology
6.5.3 Medical Vacuum System Accessories Market Split, By Application
6.5.4 Medical Vacuum System Accessories Market Split, By Therapeutic Applications
6.5.5 Medical Vacuum System Accessories Market Split, By End User
7 Medical Vacuum Systems Market, By Technology
7.1 Introduction
7.2 Oil-Sealed Rotary Vane Technology
7.2.1 High Operational Stability has Ensured the Adoption of Oil-Sealed Rotary Vane Systems
7.3 Dry Rotary Vane Technology
7.3.1 Lack of Lubrication and Sewage Costs Minimizes Need for Maintenance in Dry Rotary Vane Systems
7.4 Dry Claw Vacuum Pump Technology
7.4.1 High Installation Costs May Hinder Market Growth
7.5 Oil-Sealed Liquid Ring Technology
7.5.1 Oil-Sealed Liquid Ring Systems Find High Use in Hospital & Lab Cleanrooms
7.6 Water-Sealed Liquid Ring Technology
7.6.1 Low Maintenance and Operation Costs are Driving Market Growth
8 Medical Vacuum Systems Market, By Application
8.1 Introduction
8.2 Therapeutic Applications
8.2.1 Anesthesiology Applications
8.2.1.1 Anesthesiology Applications Hold the Largest Share of the Therapeutic Applications Market
8.2.2 Wound Care Applications
8.2.2.1 Rising Diabetes & Chronic Wound Incidence Will Drive Market Growth
8.2.3 Gynecology Applications
8.2.3.1 Dearth of Technicians in Rural Areas May Hinder Market Growth
8.2.4 Dental Applications
8.2.4.1 High Use of Advanced Vacuum Products and Demand for Cosmetic Dentistry Have Sustained the Demand for Market Products
8.3 Pharma-Biotech Manufacturing
8.3.1 Regulatory Guidelines Have Driven the Use of Vacuum Systems in Pharma-Biotech Applications
8.4 Diagnostic Applications
8.4.1 Increasing Number of Diagnostic Laboratories Will Accelerate the Adoption of Vacuum Systems
8.5 Research Applications
8.5.1 Centralized and Independent Vacuum Systems Find High Use in Research Applications
9 Medical Vacuum Systems Market, By End User
9.1 Introduction
9.2 Hospitals, Surgical Centers, and Ambulatory Care Centers
9.2.1 Growing Demand for Surgeries Will Boost Market Growth
9.3 Pharmaceutical and Biotechnology Manufacturers
9.3.1 Favorable Regulations and Technological Advancements Have Contributed to Market Growth
9.4 Diagnostic Laboratories
9.4.1 Increasing Number of Diagnostic Procedures Will Boost the Demand for Vacuum Pumps
9.5 Research Laboratories and Academic Institutes
9.5.1 Growth in Research Activity Will Support the Demand for Vacuum System in Laboratories
10 Medical Vacuum Systems Market, By Region
11 Competitive Landscape
11.1 Introduction
11.2 Competitive Leadership Mapping
11.3 Competitive Scenario (2015-2019)
11.4 Market Share Analysis of Key Players (2017)
12 Company Profiles
- Air Techniques
- Allied Healthcare Products, Inc
- Atlas Copco AB
- Busch Holding GmbH
- Convatec
- Drgerwerk AG & Co. KGaA
- Gardner Denver
- Integra Biosciences AG
- Laerdal Medical
- Medela Holding AG
- Medicop
- Ohio Medical Corporation
- Olympus Corporation
- Precision Medical, Inc.
- Zoll Medical Corporation (An Asahi Kasei Group Company)
For more information about this report visit https://www.researchandmarkets.com/research/8tcst7/global_1_6_bn?w=12
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