The Medical Vacuum System Market is Projected to grow at a CAGR of 6.6% to reach USD 1.8 billion by 2022-2030.
System for a portable medical vacuum With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a comprehensive summary of the market circumstances in the forecast term, market research reports provide a careful watch on key rivals. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.
Portable Medical vacuum systems are the type of hospital equipment that employ suction to remove undesirable gases and fluids from lab and medical environments. The exposure of medical professionals and patients to dangerous substances is decreased thanks to these systems, which also provide better and healthier environmental conditions. The market for medical vacuum systems is expanding as a result of the rise in the frequency of chronic and infectious diseases as well as other surgical procedures that use these systems. The overall expansion of the market is additionally boosted by the rising volume and usage of diagnostic imaging procedures as well as the tight regulatory requirements and presence of these systems. The high financial costs incurred in acquiring these products, however, are predicted to restrain the market’s expansion.
Portable Medical Vacuum System Market: Overview
The global medical vacuum systems market is expanding as a result of factors including technological developments in vacuum systems, strict regulatory frameworks that require the use of vacuum systems, an increase in target surgical procedures across key markets, and an increase in diagnostic imaging procedures.
The market for medical suction devices is anticipated to grow from USD 732.0 Million in 2015 to USD 886.3 Million by 2020. The paradigm shift from traditional healthcare venues to home healthcare and the rising need for small, portable devices are the main drivers propelling the growth of this market. Additionally, as portable suction devices are dependable,
simple to use, and have great durability & robustness, the use of home care is increasing, which has enhanced the need for these devices. This makes it easier for patients and medical professionals to utilise suction devices on their own. Other factors influencing the growth of this market include an ageing population (with an ageing population comes an increase in the need for emergency care, which increases the demand for handheld devices that offer patients immediate relief), falling suction device prices, an increase in the prevalence of chronic respiratory diseases, and an increase in the number of surgical procedures (which have increased the usage of suction devices that are specifically used during surgeries). Additionally, emerging markets have created a wide range of opportunities for market participants in the medical suction devices space; however, a combination of a highly commoditized market and restrictive reimbursement regulations may limit this market’s expansion somewhat over the course of the forecast period.
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Portable Medical Vacuum System Market: Segmentation
key players:
- Allied Healthcare Products
- Precision Medical
- Drive Medical
- INTEGRA Biosciences
- Medicop
- SSCOR
- ATMOS MedizinTechnik
- ZOLL Medical Corporation
- Welch Vacuum
- Laerdal Medical
- Labconco
- Amsino International
- Olympus
By Type:
- Dry Claw Pump Techology
- Dry Rotary Vane Technology
- Oil Sealed Rotary Vane Technology
By Application:
- Hospital
- Clinical Laboratory
- Research Institute
- Other
By Regions:
- North America
- Europe
- China
- Japan
- Middle East and Africa
- South America
- India
- South Korea
- Southeast Asia
- Others
COVID-19 Impact:
Despite a delay brought on by the COVID 19 pandemic, which led to governments postponing non-essential procedures, it is anticipated that the number will increase dramatically after the epidemic. Over the projected period, this is expected to be one of the main drivers of the global market for Portable Medical Vacuum System.
FAQs:
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