Medical Vacuum Systems Market Size, Share, Growth Analysis, By Application(Surgical tools, wound care, dental procedures, and diagnostics), By End user(Hospitals and clinics and ambulatory surgical centers), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35E2039 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 62 |Figures: 75

Medical Vacuum Systems Market Insights

Medical Vacuum Systems Market size was valued at USD 1.4 billion in 2022 and is poised to grow from USD 1.49 billion in 2023 to USD 2.32 billion by 2030, at a CAGR of 6.5% during the forecast period (2023-2030).

The global medical vacuum systems market is experiencing steady growth driven by increasing healthcare facilities, surgical procedures, and the need for efficient waste management in medical settings. Technological advancements are enhancing system performance, noise reduction, and energy efficiency. The market's focus on infection control, stringent regulations, and the expansion of healthcare infrastructure in developing regions further contribute to its expansion. Key players are investing in innovative solutions and partnerships to cater to the rising demand for reliable and safe medical vacuum systems, ensuring continuous growth in the industry.

US Medical Vacuum Systems Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 1.4 billion

Largest Segment

Hospitals and clinics

Fastest Growth

Hospitals and clinics

Growth Rate

6.5% CAGR

Global Medical Vacuum Systems Market by region
Country Share for North America (%)

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Medical Vacuum Systems Market Segmental Analysis

The global medical vacuum systems market can be segmented based on application, end-user, and region. In terms of technology, it includes dry claw, oil-sealed rotary vane, and liquid ring technologies. Applications encompass surgical tools, wound care, dental procedures, and diagnostics. End-users vary from hospitals and clinics to ambulatory surgical centers. Geographically, the market spans North America, Europe, Asia-Pacific, Latin America, and the MEA.

Medical Vacuum Systems Market Analysis by Application

One of the largest application segments within the medical vacuum systems market is surgical procedures. As surgical procedures continue to advance and become more complex, the demand for reliable and high-performance medical vacuum systems is expected to remain strong. Additionally, the growing number of surgical procedures worldwide, driven by factors such as the aging population and increased access to healthcare, contributes to the prominence of this segment.

One of the fastest-growing segments in the medical vacuum systems market is wound care and management. As healthcare providers focus on advanced wound care techniques and technologies, the demand for NPWT systems has been on the rise. This growth is driven by factors such as the rising incidence of chronic wounds (including diabetic ulcers and pressure sores) and the need for efficient wound healing solutions, especially among elderly and diabetic populations.

Medical Vacuum Systems Market Analysis by End User

Hospitals remain the largest end-user group in the global medical vacuum systems market due to their consistent demand for a wide range of medical applications.

Ambulatory surgical centers and research laboratories, on the other hand, represent the fastest-growing segments, driven by evolving healthcare practices and expanding research activities. It's essential to consult more recent data and market reports to gain a comprehensive understanding of the current dynamics within the medical vacuum systems market.

Global Medical Vacuum Systems Market by end user

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Medical Vacuum Systems Market Regional Insights

The medical vacuum systems market is generally well-distributed across various regions, with North America, Europe, and Asia-Pacific being significant contributors. North America, led by the United States, has historically held a prominent share in the market due to its well-established healthcare system and emphasis on advanced medical technologies. Europe, comprising countries like Germany, France, and the United Kingdom, is another major market player owing to its strong healthcare infrastructure and regulatory standards. Asia-Pacific, particularly countries such as China, Japan, and India, has been rapidly emerging as a significant market due to its expanding healthcare sector and growing investments in medical facilities.

In recent years, the Asia-Pacific region has been witnessing rapid growth in the medical vacuum systems market. The increasing population, rising healthcare expenditure, and growing awareness about infection control measures are some of the factors contributing to this growth. Developing countries in Asia, such as India and China, are investing heavily in healthcare infrastructure, which includes the installation of advanced medical vacuum systems to ensure efficient patient care and safety.

Global Medical Vacuum Systems Market by geography
  • Largest
  • Fastest

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Medical Vacuum Systems Market Dynamics

Medical Vacuum Systems Market Drivers

Increasing Importance of Hygienic Healthcare Infrastructure

  • The increasing demand for efficient and hygienic healthcare facilities, coupled with the growing prevalence of medical procedures requiring suction for better patient outcomes, is propelling the global medical vacuum systems market.

Medical Vacuum Systems Market Restraints

Limited Access

  • Limited healthcare infrastructure and budget constraints in certain regions, along with the complexity and cost of installing and maintaining advanced vacuum systems, are restraining the rapid growth of the global medical vacuum systems market.

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Medical Vacuum Systems Market Competitive Landscape

The global medical vacuum systems market features intense competition among key players vying for market share. Established companies like Atlas Copco, Gardner Denver Holdings, and Busch dominate through their technologically advanced and reliable vacuum solutions. These industry leaders focus on innovation, strategic collaborations, and mergers to expand their product portfolios and reach. Additionally, emerging players like Air Techniques and Drägerwerk are making strides with innovative offerings, challenging market incumbents. As healthcare facilities prioritize efficient and hygienic vacuum systems, competition is driving continuous advancements in technology, safety, and performance across the highly competitive medical vacuum systems landscape.

Medical Vacuum Systems Market Top Player’s Company Profiles

  • Drägerwerk AG & Co. KGaA (Germany)
  • Olympus Corporation (Japan)
  • Medela AG (Switzerland)
  • Air Techniques, Inc. (USA)
  • Becker Pump Corporation (USA)
  • Allied Healthcare Products, Inc. (USA)
  • Laerdal Medical AS (Norway)
  • Precision Medical, Inc. (USA)
  • Ohio Medical Corporation (USA)
  • ConvaTec Group Plc (United Kingdom)
  • Air Liquide S.A. (France)
  • Ebara Corporation (Japan)
  • Air-Met Scientific Pty Ltd. (Australia)
  • GAST Manufacturing, Inc. (USA)
  • Medico S.p.A. (Italy)
  • Amsco (Steris Corporation) (USA)
  • Powerex, Inc. (USA)

Medical Vacuum Systems Market Recent Developments

  • In November 2022, General Hospital in Siddipet, India, received vacuum-assisted birth systems from ECIL, which notified the hospital that the vacuum delivery system aids gentle, smooth deliveries and enables doctors to conduct safe, tailored treatments.

Medical Vacuum Systems Key Market Trends

  • The global medical vacuum systems market has witnessed a surge in demand driven by heightened awareness of infection control and patient safety. Manufacturers are focusing on innovative technologies to enhance system efficiency, noise reduction, and maintenance ease. Integration of IoT capabilities for remote monitoring and predictive maintenance has gained prominence. Additionally, sustainable and eco-friendly solutions are gaining traction, aligning with the growing emphasis on environmental responsibility. Regulatory compliance and stringent quality standards continue to shape the market, fostering partnerships between industry players and healthcare facilities to ensure optimal vacuum system performance and patient care.

Medical Vacuum Systems Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, The global medical vacuum systems market is poised for promising growth due to increasing demand for efficient healthcare infrastructure. Technological advancements, rising healthcare facilities, and stringent infection control regulations are driving adoption. With a focus on patient safety and infection prevention, the market is likely to witness sustained expansion. Enhanced designs, integration with digital platforms, and eco-friendly solutions will further propel the market forward, ensuring reliable and effective vacuum systems for medical applications. As healthcare standards continue to evolve, the medical vacuum systems market is anticipated to play a vital role in supporting healthcare facilities worldwide.

Report Metric Details
Market size value in 2023 USD 1.4 billion
Market size value in 2031 USD 2.32 billion
Growth Rate 6.5%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Application
    • Surgical tools, wound care, dental procedures, and diagnostics
  • End user
    • Hospitals and clinics and ambulatory surgical centers
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Drägerwerk AG & Co. KGaA (Germany)
  • Olympus Corporation (Japan)
  • Medela AG (Switzerland)
  • Air Techniques, Inc. (USA)
  • Becker Pump Corporation (USA)
  • Allied Healthcare Products, Inc. (USA)
  • Laerdal Medical AS (Norway)
  • Precision Medical, Inc. (USA)
  • Ohio Medical Corporation (USA)
  • ConvaTec Group Plc (United Kingdom)
  • Air Liquide S.A. (France)
  • Ebara Corporation (Japan)
  • Air-Met Scientific Pty Ltd. (Australia)
  • GAST Manufacturing, Inc. (USA)
  • Medico S.p.A. (Italy)
  • Amsco (Steris Corporation) (USA)
  • Powerex, Inc. (USA)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Medical Vacuum Systems Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Medical Vacuum Systems Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Medical Vacuum Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Medical Vacuum Systems Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Medical Vacuum Systems Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Medical Vacuum Systems Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Medical Vacuum Systems Market size was valued at USD 1.4 billion in 2022 and is poised to grow from USD 1.49 billion in 2023 to USD 2.32 billion by 2030, at a CAGR of 6.5% during the forecast period (2023-2030).

The medical vacuum systems market features intense competition among key players vying for market share. Established companies like Atlas Copco, Gardner Denver Holdings, and Busch dominate through their technologically advanced and reliable vacuum solutions. These industry leaders focus on innovation, strategic collaborations, and mergers to expand their product portfolios and reach. Additionally, emerging players like Air Techniques and Drägerwerk are making strides with innovative offerings, challenging market incumbents. As healthcare facilities prioritize efficient and hygienic vacuum systems, competition is driving continuous advancements in technology, safety, and performance across the highly competitive medical vacuum systems landscape. 'Atlas Copco Group (Sweden)', 'Gardner Denver Holdings Inc. (USA)', 'Busch LLC (USA)', 'Drägerwerk AG & Co. KGaA (Germany)', 'Olympus Corporation (Japan)', 'Medela AG (Switzerland)', 'Air Techniques, Inc. (USA)', 'Becker Pump Corporation (USA)', 'Allied Healthcare Products, Inc. (USA)', 'Laerdal Medical AS (Norway)', 'Precision Medical, Inc. (USA)', 'Ohio Medical Corporation (USA)', 'ConvaTec Group Plc (United Kingdom)', 'Air Liquide S.A. (France)', 'Ebara Corporation (Japan)', 'Air-Met Scientific Pty Ltd. (Australia)', 'GAST Manufacturing, Inc. (USA)', 'Medico S.p.A. (Italy)', 'Amsco (Steris Corporation) (USA)', 'Powerex, Inc. (USA)'

The increasing demand for efficient and hygienic healthcare facilities, coupled with the growing prevalence of medical procedures requiring suction for better patient outcomes, is propelling the medical vacuum systems market.

The medical vacuum systems market has witnessed a surge in demand driven by heightened awareness of infection control and patient safety. Manufacturers are focusing on innovative technologies to enhance system efficiency, noise reduction, and maintenance ease. Integration of IoT capabilities for remote monitoring and predictive maintenance has gained prominence. Additionally, sustainable and eco-friendly solutions are gaining traction, aligning with the growing emphasis on environmental responsibility. Regulatory compliance and stringent quality standards continue to shape the market, fostering partnerships between industry players and healthcare facilities to ensure optimal vacuum system performance and patient care.

The medical vacuum systems market is generally well-distributed across various regions, with North America, Europe, and Asia-Pacific being significant contributors. North America, led by the United States, has historically held a prominent share in the market due to its well-established healthcare system and emphasis on advanced medical technologies. Europe, comprising countries like Germany, France, and the United Kingdom, is another major market player owing to its strong healthcare infrastructure and regulatory standards. Asia-Pacific, particularly countries such as China, Japan, and India, has been rapidly emerging as a significant market due to its expanding healthcare sector and growing investments in medical facilities.

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