July 26th, 2021 Coherent Market Insights Releases
SEATTLE, July 26, 2021, (MEDGADGET) — Global Medical Vacuum System Market – Insights
During operations, the medical vacuum system is used to extract unnecessary fluids like blood and mucus, as well as unwanted gases from hospitals and laboratories. A medical vacuum system is an important component of every healthcare facility. Lung and chest drainage, draining wounds, cleaning of endotracheal tubes, preparation of wound closures, liposuction are all done with these systems.
In 2018, the global medical vacuum system market was worth US$ 1,176.4 million, and it is projected to grow at a CAGR of 6.6 percent from 2019 to 2026.
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The global medical vacuum system market is expected to expand as key players concentrate on launching new products:
The global medical vacuum system market is expected to expand due to new vacuum system launches by key players. Edward, for example, introduced the latest air-cooled nXLi dry vacuum pump in September 2017. The nXLi dry vacuum pump allows vacuum systems to operate more efficiently on a single phase power supply. It comes in two varieties: nXL110i and nXL200i, which are both used in liquid chromatography-mass spectrometry (LCMS) and inductively coupled plasma mass spectrometry, respectively (ICPMS).
In addition, Beacon Medaes introduced a new oil-free rotary vane vacuum system in January 2016. Touch screen access with an integrated web server and a space-saving interface are among the latest features. An oil-free rotary vane vacuum device is the perfect medical solution for removing excess body fluids during procedures in surgical centers.
Product recalls, on the other hand, are a major restraint on the global medical vacuum system market’s growth. The U.S. Food and Drug Administration (FDA) issued a product recall warning for Vyaire Medical, Inc.’s Tri-Flo Subglottic Suction System in September 2018. The machine was recalled due to the possibility of device failure during surgery, which could result in serious injury or death to the patient.
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Regional segmentation of the global medical vacuum system market comprises of Latin America, Europe, Asia Pacific, North America, Africa and Middle East.
Because of increased regulatory approval activities, the medical vacuum market in North America is expected to expand significantly. For example, SOMAVAC Medical Solution Inc. received FDA approval for its wearable post-surgical pump SOMAVAC 100 sustained vacuum system in August 2018. It’s a type of closed suction drain that’s used in closed wound surgeries.
Furthermore, due to increased product launch activities of medical vacuum systems, Europe is expected to see substantial growth in the global medical vacuum system market. For example, in February 2018, Smith & Nephew introduced the Pico 7 vacuum system to the European market. Pico 7 is a single-use, negative pressure wound device that creates a stronger vacuum. It’s a lightweight device.
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Furthermore, due to the increased launch of new medical vacuum systems, Asia Pacific is expected to see substantial growth in the global medical vacuum system market. For example, Ebara Corporation introduced its new air-cooled dry vacuum pump model EV-PA in December 2018, which provides a cleaner vacuum environment. Analytical devices, surgical supplies, and the food and coating industries will all benefit from it.
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