The medical central vacuum system market size to cross USD 110 million by 2025, growing at a CAGR of 16% during the forecast period. The global medical central vacuum system market revenue will grow by 2.5X during the forecast period. The market is expected to witness a rise in non-conventional cleaning equipment such as centralized vacuum systems in several end-user segments on account of the growing awareness of hygiene, clean indoor air, and green cleaning practices. Central vacuum systems are becoming an ideal choice for residential as well as non-residential segments where they are installed at a designated location. An increase in awareness toward the need for enhanced safety requirements and health hazards at workplaces in the healthcare sector is driving the demand for medical central vacuum systems.
The surge in COVID-19 impact worldwide is increasing the demand for new hospitals. For instance, several governments are developing makeshift hospitals to treat COVID-19 patients. Due to the demand for isolation wards, several major and other prominent vendors are strengthening their market presence to meet the increasing demand for medical vacuums. Hence, the outbreak of pandemic has provided a stimulus to medical central vacuum systems.
- The European pharmaceutical segment is expected to grow at the highest CAGR of 17%. The growth is due to the unprecedented involvement of pharma companies to develop a vaccine for coronavirus.
- The hospital segment is likely to reach over $51 million by 2025. This is owing to the increased awareness of hygiene and cleanliness among healthcare settings.
- The gas scavenging segment is projected to grow at a staggering CAGR of over 17% during the period 2019–2025. The growth is on account of the emergence of new healthcare infrastructure to contain the spread of the COVID-19 pandemic.
- Germany is likely to grow at a significant CAGR of over 15% due to the growth in construction and renovation activities.
MEDICAL CENTRAL VACUUM SYSTEM MARKET SEGMENTATION
This research report includes a detailed segmentation by
INSIGHTS BY END-USER
The pharmaceutical segment is expected to grow at the highest CAGR during the period 2019–2025
The coronavirus pandemic has led to unexpected growth in demand for medical central vacuum systems. The hospital and pharma segments have witnessed unprecedented growth due to the Covid-19 outbreak. The pandemic has laid the foundation of several specialty hospitals, clinics, and nursing homes. The requisite of clean medicine production, avoidance of cross-contamination, and safe elimination of hazardous chemicals, pathogens, and a hygienic environment in operation theaters are driving the demand for central vacuum systems.
The impact of COVID-19 on the pharma industry is the highest, with several major pharma companies dedicated their R&D resources on the development of the vaccine as well as testing kits. The segment is expected to add revenue of $24 million during the forecast period. The pharma industry is expected to overcome restraints put by the coronavirus pandemic sooner than other industries. Vacuum systems are mainly used to avoid cross-contamination during the process of tablet pressing, capsule filling, milling and polishing machines, and pill de-dusters. The adoption of connected and intelligent central vacuum systems in medical premises is expected to garner high adoption, underpinned due to the Covid-19 pandemic, which has increased the demand for hygiene and cleanliness worldwide.
Veterinary clinics, specialty clinics, nursing homes, and assisted living homes for the elderly population are experiencing an increased adoption of medical central vacuum systems. A key factor driving the demand in this end-user segment is the need to maintain hygiene and the removal of unwanted debris from the clinic and nursing home premises. The medical vacuum system market size is small in APAC, Latin America, and the Middle East and Africa. This is due to the heavy presence of manual cleaning methods and the penetration of conventional cleaning equipment such as canister vacuum cleaners.
INSIGHTS BY APPLICATION
The multifunctional segment is likely to reach over $58 million by 2025
Multifunctional medical central vacuum systems have witnessed an impetus in 2020 due to the rising demand from rapidly build hospitals for COVID-19 patients and hospitals, which have retrofitted as designated COVID-19 hospitals. The demand for effective multifunctional systems is growing as they remove bodily secretions and maintain clean and pure indoor air. The demand for medical central vacuum systems for dedicated gas scavenging applications is likely to be highest from two end-user segments - hospitals and pharmaceutical companies.
In terms of revenue, the market is led by Europe, which accounted for a share of 40% in 2019, followed by North America and APAC. Europe leads the market despite a low number of hospitals. The region has the highest adoption of medical central vacuum systems owing to stringent policies. Currently, the potential for gas scavenging systems is high in countries such as China, India, Germany, and the US.
The market will witness a steady growth for general cleaning owing to the growing demand for hygiene and cleaner indoor air with healthcare premises. One of the emerging trends in cleaning practices and equipment providers is to offer environmentally sustainable products.
INSIGHTS BY TECHNOLOGY
The rotary vane segment is projected to achieve a revenue of over $80 million by 2025
Rotary vane pumps are available in two types – oil-less and oil-sealed. Oil sealed rotary vane pumps are durable, long-lasting pumps with high application in hospital and laboratory end-users. The use of oil in the pump increases efficiencies, lowers operating temperatures and decreases sound levels. Therefore, the segment is witnessing high adoption in several end-user applications. Central vacuum systems with oil-sealed rotary vane pumps are capable of achieving the highest level of vacuum and suction. As these systems are relatively low cost than other central vacuum system technology types, they are finding higher adoption in general cleaning applications with hospitals being their key end-users.
The demand for oil-sealed rotary vane technology is expected to gain traction in India, Taiwan, Indonesia, Mexico, Argentina, and Sri Lanka. Dry claw pumps are the most technologically advanced innovation and are gaining traction in medical and laboratory applications. Central vacuum systems with claw pump technology have lower ultimate vacuum levels than oil-sealed rotary vane pumps, and this makes them ideal for use in dedicated waste anesthesia gas disposal systems.
INSIGHTS BY GEOGRAPHY
Europe is expected to witness an absolute growth of 138% by 2025
The healthcare segment in Europe is expected to emerge immune from political uncertainties post the Brexit negotiations and the corona pandemic. The economic growth in the region could result in low demand for cleaning services and non-conventional cleaning equipment during the forecast period. Vendors of medical central vacuum systems have been able to meet new orders in Q1 2020, despite lockdown in several countries. However, these events are expected to have an impact on the overall global economy by affecting manufacturing on a global scale, and it will also affect the production and supply chain for medical central vacuum systems, which can eventually decline production capabilities in Q3 2020.
Germany is the largest market in Europe due to the presence of over 1,942 hospitals, 1,142 habilitation nursing homes, 19,478 pharmacies, and extensive cleaning industry in the country. Healthcare institutions and pharmaceutical industries in Germany are increasingly adopting eco-friendly or green cleaning technology to reduce the risk of environmental pollution. Smart cleaning technology, such as a centralized collection for medical waste, will continue its growth in the region.
INSIGHTS BY VENDORS
The global medical central vacuum system market is highly competitive with the presence of several vendors offering a plethora of equipment that can act as a substitute for medical central vacuum systems, especially in non-dedicated applications. Another key factor increasing the competition is the presence of smaller-than-potential addressable market as many medical facilities across geographies restrict the use of medical central vacuum systems to operation theaters and centralized gas scavenging systems; whereas, application segments such as general cleaning are still addressed by manual cleaning or using standalone vacuum cleaners. The major players in the market are Busch LLC and Tri-Tech Medical Inc.
The medical central vacuum system market research report includes analysis with revenue and forecast insights for the following segments:
Segmentation by Technology
- Gas Scavenging
- General Cleaning
- Clinics and Nursing Homes
- North America
- South Korea
- Latin America
- Middle East & Africa