Market Overview:
The global vacuum therapy system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in vacuum therapy systems. Based on type, the global vacuum therapy system market is segmented into portable and stationary systems. The portable segment is expected to grow at a higher CAGR than the stationary segment during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for minimally invasive procedures and growing preference for portability among patients. Based on application, the global vacuum therapy system market is divided into hospitals, clinics, and other applications such as research institutes and home care settings. The hospitals segment dominates this market owing to increased use of these systems for various surgical procedures in hospitals across different regions worldwide.
Product Definition:
A vacuum therapy system is a device that uses suction to improve blood circulation and lymphatic drainage. It is often used to reduce swelling and promote healing.
Portable:
Portable vacuum therapy systems are used to provide treatment to patients suffering from musculoskeletal disorders, orthopedic conditions, and sports injuries. These devices are also used for wound management and as a platform for drug delivery. Increasing prevalence of diseases such as osteoarthritis is expected to drive the market growth over the forecast period.
Stationary:
Stationary is used in vacuum therapy system for the purpose of maintaining a consistent pressure between the patient and the pump. It helps to reduce fluctuations in pressure which may cause injury or discomfort to either party.
It can be defined as any device that is intended to keep two objects at different pressures separate from each other, without allowing air or other fluids between them.
Application Insights:
The other application segment held the largest share of more than 50.0% in 2017. Other applications include corporate wellness centers, sports injury clinics and rehabilitation facilities, and veterinary hospitals among others. The demand for vacuum therapy systems is expected to increase at these healthcare facilities due to rising cases of injuries and diseases caused by viruses, bacteria, fungi, or parasites that are transmitted through physical contact with other people or their surfaces such as door handles etc. Vacuum therapy systems help in reducing the contamination levels on patient¢â‚¬â„¢s skin during medical procedures that require deep cleaning of wounds or surgery sites which helps prevent the spread of infections causing microbes to other parts of body tissues resulting in severe health problems including death.
Stationary vacuum therapy devices are primarily used at hospitals owing to their ability to maintain a sterile environment required for various medical procedures involving patients¢â‚¬â„¢ bodies fluids & tissue samples etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of hospitals, clinics, and other healthcare settings that use these systems for various applications. The increasing prevalence of chronic diseases such as cancer and cardiac disorders has led to an increase in hospital admissions which is further expected to boost product demand over the forecast period. In addition, growing awareness regarding alternative therapies used for treatment such as vacuum therapy is anticipated to propel regional growth.
Asia Pacific region is expected to witness lucrative growth over the forecast period due its developing medical tourism industry along with rising disposable income among consumers. These factors are also contributing toward increased adoption rates of vacuuming devices across several countries including Japan, China, India among others thus propelling regional demand during the forecast period.
Growth Factors:
- Increasing prevalence of chronic diseases: The increasing prevalence of chronic diseases is one of the key growth drivers for the vacuum therapy system market. According to a study by the World Health Organization (WHO), chronic diseases account for more than 60% of all deaths globally. This is attributed to the changing lifestyles and dietary habits, which has led to an increase in the incidence of chronic diseases such as obesity, diabetes, and heart disease.
- Rising geriatric population: The global geriatric population is expected to reach 2 billion by 2050. This will lead to an increase in demand for advanced medical technologies and therapies that can improve their quality of life. Vacuum therapy systems are one such technology that can help improve blood circulation and reduce swelling in elderly patients suffering from various health conditions.
- Technological advancements: The vacuum therapy system market is witnessing rapid technological advancements with new products being launched regularly with enhanced features and benefits over traditional devices available in the market currently .This has helped boost adoption rates among consumers, especially those who are looking for better treatment outcomes at home or on-the-go .Some recent technological advancements include portable devices that do not require a power supply or batteries, Wi-Fi enabled devices that allow users to control settings from their smartphones ,and apps that provide real-time tracking data on usage patterns and performance .Such innovations are likely to fuel growth prospects for this market over the next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Therapy System Market Research Report
By Type
Portable, Stationary
By Application
Hospitals, Clinics, Other
By Companies
Enraf Nonius, Iskra Medical, DJO International, Acelity, Molnlycke Healthcare, Johnson&Johnson, Coloplast, Augustus Medical, Boston Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Therapy System Market Report Segments:
The global Vacuum Therapy System market is segmented on the basis of:
Types
Portable, Stationary
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Enraf Nonius
- Iskra Medical
- DJO International
- Acelity
- Molnlycke Healthcare
- Johnson&Johnson
- Coloplast
- Augustus Medical
- Boston Scientific
Highlights of The Vacuum Therapy System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Stationary
- By Application:
- Hospitals
- Clinics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vacuum Therapy System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A vacuum therapy system is a medical device that uses a pump to create negative pressure in the body. This pressure can help to remove toxins and fluids from the body, which can improve your health.
Some of the key players operating in the vacuum therapy system market are Enraf Nonius, Iskra Medical, DJO International, Acelity, Molnlycke Healthcare, Johnson&Johnson, Coloplast, Augustus Medical, Boston Scientific.
The vacuum therapy system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vacuum Therapy System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vacuum Therapy System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Therapy System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vacuum Therapy System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vacuum Therapy System Market Size & Forecast, 2020-2028
4.5.1 Vacuum Therapy System Market Size and Y-o-Y Growth
4.5.2 Vacuum Therapy System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Stationary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Therapy System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vacuum Therapy System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable
9.6.2 Stationary
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable
10.6.2 Stationary
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable
11.6.2 Stationary
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable
12.6.2 Stationary
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Stationary
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vacuum Therapy System Market: Competitive Dashboard
14.2 Global Vacuum Therapy System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Enraf Nonius
14.3.2 Iskra Medical
14.3.3 DJO International
14.3.4 Acelity
14.3.5 Molnlycke Healthcare
14.3.6 Johnson&Johnson
14.3.7 Coloplast
14.3.8 Augustus Medical
14.3.9 Boston Scientific
