Increasing prevalence of chronic and infectious diseases is a key factor driving market revenue growth

VANCOUVER, CANADA, BC, June 12, 2023/EINPresswire.com/ -- The global medical vacuum system market size was USD 1.40 Billion in 2022 and is expected to register a steady revenue CAGR of 6.50% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of chronic and infectious diseases, rising adoption of high-end technologies in patient care and medical vacuums with cutting-edge technology and exceptional quality for installations in hospital environments, and technological advancements in vacuum system are major factors driving market revenue growth. Vacuum systems are considered an essential part of medical gases in healthcare facilities. There are various types of pumps available in the market to ensure patient safety.  In addition, rising number of hospital admissions is another key factor driving revenue growth of the market. As a result, the sector will increase as there is increasing need for medical vacuums that are high-tech and of excellent quality for installation in hospital settings. The purpose of recently developed medical vacuum systems is to create a suction system that enables safe removal of unwanted gases and fluids to maintain sterility during surgical intervention. Demand for these systems in the healthcare sector should increase as a result of the aforementioned causes.

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Some Key Highlights From the Report

The portable vacuum system segment accounted for significantly large revenue share in the global medical vacuum market in 2022. due to increasing use of these instruments for preventative healthcare at home. Receiving long-term care in the convenience of their own homes through home healthcare services can be financially advantageous for elderly, people with chronic diseases, and people who are healing from surgery. According to the U.S. Bureau of Labor Statistics, number of home health and personal care assistants will increase by 13.0 million by 2020. This portable vacuum system was developed over many years and now has a pump that doesn't need oil to lubricate it. Portable vacuum apparatus designed to absorb viscous fluids can be used to absorb blood, phlegm, or any other viscous liquid waste.  

The oil-sealed liquid ring segment is expected to register steadily fast revenue growth rate in the global medical vacuum system market during the forecast period. Highest level of dependability under the most difficult circumstances is offered by oil-sealed liquid ring vacuum systems. These extremely efficient systems are typically simple to maintain because there aren't any moving components in them. Comparatively speaking to other vacuum pump technologies, the absence of metal-on-metal contact between impeller and casing is advantageous. Furthermore, these don't require any additional internal lubrication to work. Additional advantages of using an oil-sealed liquid ring vacuum system abound.  

The North America market accounted for largest revenue share in the global medical vacuum system market in 202 This is due to region's developed healthcare system, alluring reimbursement system, and increasing patient awareness of infectious diseases,. In addition, increasing investment in this business and increasing usefulness of injury treatment products are also expected to drive market revenue growth in this region.  

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Major Players/Manufacturers profiled in the report are:

Allied Healthcare Products, Inc., Medala AG, Air Techniques, Laerdal Medical, Atlas Copco AB., Gardner Denver, INTEGRA Biosciences AG, Medicop, Olympus Corporation, and Precision Medical, Inc.  

Emergen Research has segmented the global medical vacuum system market on the basis of product type, technology, application, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2019-2032)
Standalone Vacuum Systems

Centralized Vacuum Systems

Portable/Compact Vacuum Systems

Technology Outlook (Revenue, USD Billion; 2019-2032)
Dry Claw Vacuum Pump Technology

Oil-Sealed Liquid Ring Technology

Water-Sealed Liquid Ring Technology

Oil-Sealed Rotary Vane Technology

Dry Rotary Vane Technology

Application Outlook (Revenue, USD Billion; 2019-2032)
Therapeutic Applications

Pharma-Biotech Manufacturing

Diagnostic Applications

Research Applications

Other Applications

End-use Outlook (Revenue, USD Billion; 2019-2032)
Hospital & Clinics

Pharmaceutical and Biotechnology Manufacturers

Diagnostic Laboratories

Research Laboratories and Academic Institutes

Key Geographies Profiled in the Report:

North America(the U.S., Mexico, and Canada)

Asia Pacific(China, Japan, India, and Rest of Asia Pacific)

Europe(the U.K., France, Germany, and Rest of Europe)

Latin America(Brazil and Rest of Latin America)

Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Key Benefits For Stakeholders:

The report provides an extensive analysis of the current and future trends in the global minimally invasive surgical systems market to elucidate the imminent investment pockets.

A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.

Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization & documentation systems used in minimally invasive surgeries.

A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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