Vacuum Mixing Devices: Cracking the ‘Efficient Mixing’ Code
Vacuum mixing of bone cement has been practiced as a key step in orthopedic and trauma procedures for more than two decades now. Multiple studies backing the efficacy of vacuum mixing of bone cement mixers have further pushed its relevance in the global healthcare scene, thereby paving new avenues of adoption for vacuum mixing devices. Apart from the positive contribution of vacuum mixing devices toward the mechanical properties of bone cement, their role in fine-tuning other aspects such as cement homogeneity and quality have also gained prominence over the years.
Until the 1980s, preparation of bone cement was carried out as per the standards introduced by the English Surgeon John Charnley, who pioneered the use of bone cement in Orthopedics. Post 1908s, special focus was directed toward investigation of viable techniques that would help enhance cement strength. Though closed mixing under ‘vacuum’ conditions was initially aimed at environmental reasons, its benefits in terms of reinvigorating mechanical properties of bone cement, improving the cementing techniques, and securing the operating room environments became highly evident. Such particulars are likely to add new certainties to the near-term outlook of vacuum mixing devices market.
Vacuum-Mixing Devices Market - Key Research Findings
- Global vacuum-mixing devices market size in 2018 ~ US$ 140 Mn.
- The vacuum-mixing devices market value is anticipated to grow at a CAGR of ~ 2% over 2019-2029.
- North America is the prominent regional market for vacuum-mixing devices.
- Rise in the number of traumatic cases and dental cases, which require the use of vacuum-mixing devices, is among the main factors driving the growth of the vacuum-mixing devices market in the region.
- Presence of market leaders with premium pricing for their vacuum-mixing devices.
- In developing countries, end users tend to prefer products from local or regional manufacturers over branded products from international players.
- Adoption of reusable vacuum-mixing devices is comparably more in developing regions.
- Ambulatory surgical centres are among the prominent end-user segments of the vacuum-mixing devices market due to the transition to outpatient orthopaedic procedures.
- The global prevalence of traumatic dental injuries in either dentition (primary and permanent) is around 20%.
Key Factors Shaping the Vacuum-Mixing Devices Market
Vertical supply chain specialization is advised to the manufacturers for vacuum-mixing devices
Manufacturers operating in a vertically-integrated chain wield more power. Hence, they can extend their market reach and drive profits. However, there are risks present in such chains, such as procurement power, employee strength, and cash inflows. Hence, adequate analysis is required in order to operate effectively in such a structure. Vacuum-mixing device manufacturers present in a vertical supply chain are providing portable products for bone cement mixing, which is primarily used in orthopedic applications. The cost adjustment is very well in control by the manufacturers in terms of investment and return.
Clinical benefits associated with the use vacuum-mixing devices
The clinical benefits of using vacuum-mixing devices helps in the expansion of the market, as it is in relation to its growth in the adoption rate among professionals. There are benefits associated with the advanced form of bone cement mixing devices, vacuum-mixing devices in general provide a suitable environment for mixing bone cement.
Vacuum-mixing devices help improve the mechanical properties of bone cement. As per clinical research, vacuum mixing reduces monomer evaporation and exposure in the operating room. Monomer exposure from the mixing of cement releases toxic and organic solvents that are critical, in in contact.
Companies involved in the vacuum-mixing devices market should take this product difference to manipulate their business strategy in order to increase their consumer pool. Clinical difference that omit such harmful conditions play a significant role in the expansion for their product line in terms of sales.
Highly fragmented market space interrupts the overall revenue collection
The vacuum-mixing devices market is a highly fragmented market. The top players contribute a significant share to the market due to their presence in most of the developed and developing economies, as well as the premium cost of the products offered by them and the comparably high adoption rate. The vacuum-mixing devices market consists of several small- to medium-sized companies that compete with each other, and only a few large enterprises. It is not a direct restraint for the market, but surely limits the market expansion as there is no single company influencing the industry to a particular direction. Companies need to find the approach suiting their capability in order to significantly grow their businesses in this market.
Add-ons in terms of features that can be added to increase the sales volume
The market growth for vacuum-mixing devices is comparatively low as compared to 10 years ago. The year-on-year sales differ in each company, a tier 1 company is experiencing a worse growth rate as compared to a tier 3 player. The return on investment for smaller companies is adjusted with time, but it surely affects the structure for that period, and things are still better for financially strong companies.
The vacuum-mixing devices market value gets affected because of the drop in volume, though it is analysed through KOLs that the pricing for each product is not significantly decreasing but staying at a same level with minimal difference.
Key opinion leaders from respective vacuum-mixing devices companies are in favor of introducing new feature such as automation, digital feeding, and scanners to their product offerings. Then there are inorganic business strategies present to increase the vacuum-mixing devices market share for each company, such as arranging strategic collaborations with key players in the industry, sales channels, creating customer centric business models, and affordable pricing for maximum reach.
Vacuum-Mixing Devices Market Structure Analysis
- Globally, the vacuum-mixing devices market is fragmented in nature due to the presence of a large number of regional players with direct sales channels.
- The top four players operating in the vacuum-mixing devices market contribute ~ 70% of the market value.
- Key players in the vacuum-mixing devices market include Zimmer Biomet, Heraeus Holding, Stryker, and DJO Global, Inc.
- The remaining portion of the market belongs to manufacturers with a local and partial international presence.
- End users in developing regions tend to prefer local manufacturers for purchasing vacuum-mixing devices.
- For a better return, companies need to expand their portfolio with technically different products.
- Targeting economies with least pressure in terms of regulations is valuable.
Vacuum Mixing Devices: Warding off Porosity and Safeguarding Fatigue Strength
Porosity in bone cement remains of the key challenges eroding the mechanical strength and fatigue life of the bone cement. Bone cement, to successfully survive in vivo, must be capable of withstanding loads of varying intensities it endures. The fatigue property of bone cement, which is directly proportional to porosity, remains a key determinant of the long-term survival of joint replacements such as hio and knee replacements. Thus, effective reduction of bone cement porosity helps in boosting its fatigue strength, and this, in turn, is effectively met by the process of vacuum mixing.
Fatigue failure in case of bone cement is a common resultant of defects in the cement mantle. Presence of big-sized voids in the bone cement cause rapid propagation of fracture, which can be a possible scenario both in vivo as well as vitro. Vacuum mixing devices play a vital role in enhancing the mechanical life properties of bone cement, largely as a consequence of their abilities to reduce micro- and macro-pores. This, in turn, staves off the chances of bone cement porosity and nourishes its fatigue strength, thereby boosting the final outcomes of orthopedic procedures.
North America: Models of ‘Value-Based’ Healthcare Offering Tailwinds
The North America healthcare sector spectated significant shifts over the past few years, as the regional healthcare systems have jumped onto the ‘value-based’ bandwagon. In alignment with the aforementioned trend, value-based care has become one among the top priorities of the orthopedic professionals in North America. One of the key principles of these new healthcare models is ensuring efficiency and care, wherein the healthcare professionals focus on standardization around ‘clinically-proven’ practices and care pathways that would not only redefine care but also bring down outcome disparities. Vacuum mixing is carving its place as a process holding utmost importance in orthopedic procedures, which is providing the much-needed impetus to the region’s lucrativeness for vacuum mixing device suppliers to invest in.
The Broader Perspective
Manufacturers in the vacuum mixing devices are focusing on increased production of portable formats, sensing the switch from ‘bench-top’ to ‘portable’. Competitive pricing remains a focal point for manufacturers to beat their rivalry, and accordingly they are paying particular attention to exhaustive sessions of price benchmarking. The market players are also endeavoring launch of reusable vacuum mixing devices to successfully lift up their profit pools.
In addition, market players are also shifting their focus toward development of vacuum mixing devices offering high computability with samples of varying viscosities. This move will not only have a profound contribution to the relevance of their portfolios but will also give these players an edge over their potential competitors. Market penetration through various sales channels will also remain a prominent strategy, wherein manufacturers will resort to ‘influential marketing’ to turn consumer decisions to their favor. Large-scale promotion of their products through press conferences and advertising campaigns will also be prioritized by the market players to sustain revenue growth.
Vertical devices remain top-selling
Demand for rotational devices high
Adoption of bench top sluggish
Portable remains highly sought-after
Hospitals remain top end user
Adoption in ambulatory surgical centers grows
How Growth will Unfold
The vacuum mixing devices market remains a ‘regulation-driven’ landscape, wherein multiple regulations have been put in place for manufacturers to take into utmost consideration. Regulations make it harder for newer models of vacuum mixing devices to make their way onto the market shelves in lesser time, thereby increasing the ‘time-to-market’ factor for those pipe-lined devices. Regulations also have a substantial impact on other crucial factors, with some of them being licensing, franchising, pricing and standard settings. Varying sets of regulations across different regions pose hurdles for the market players with respect to business expansion, making it no less than a restraining factor to cope with.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Vacuum-mixing Devices Market Analysis 2019-2029
A recent market study published by FMI “Vacuum-mixing Devices Market: Global Industry Analysis (2014-2018) and Opportunity Assessment (2019-2029)” consists of a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the Vacuum-mixing Devices market, the growth prospects of the market are obtained with maximum precision. The report features the unique and salient factors that are likely to significantly impact the development of the Vacuum-mixing Devices market during the forecast period.
Vacuum Mixing Devices Market Taxonomy
The global Vacuum-mixing Devices market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.
By Product Type
- Vertical Vacuum-Mixing Devices
- Rotational Vacuum-Mixing Devices
- Vertical+Twisting Vacuum-Mixing Devices
By End User
- Ambulatory Surgical Centers
- Specialty Clinics
- Bench Top Devices
- Portable Devices
- North America
- Latin America
- South Asia
- East Asia
The report commences with the executive summary of the Vacuum-mixing Devices market, which includes a summary of the key findings and key statistics of the market. It also includes the market value (US$ million) estimates of the leading segments of the Vacuum-mixing Devices market.
Readers can find the detailed taxonomy and the definition of the Vacuum-mixing Devices market in this chapter, which will help them understand the basic information about the Vacuum-mixing Devices market. This section also highlights the inclusions and exclusions, which helps the reader understand the scope of the Vacuum-mixing Devices market report. The section also offers information on revenue opportunity.
The report provides key market trends that are expected to impact the market growth significantly during the forecast period. Detailed industry trends are provided in this section, along with key market development or product innovations and five forces analysis
This section includes the key inclusions of the report. It includes key M&A activity, product type reasoning, key promotional strategies, patents issued, regulation, scenario and epidemiology, USPs and features for market expansion and opportunity analysis.
This section explain the global market volume analysis for the Vacuum-mixing Devices market in terms of product type
This section highlights the average price of three of the Vacuum-mixing Devices in different regions, included in the scope. The pricing benchmark for manufacturer level pricing and distributor level pricing is analysed in this section
This section explain the global market value analysis and forecast for the Vacuum-mixing Devices market between the forecast periods of 2014-2029 is highlights in this section. This chapter includes the detailed analysis of the historical Vacuum-mixing Devices market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period (2019 – 2029).
This chapter explains the key macro-economic factors that are expected to influence the growth of the Vacuum-mixing Devices market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the Vacuum-mixing Devices market. This chapter also highlights the key market dynamics of the Vacuum-mixing Devices market, which include the drivers, restraints and trends. Moreover, readers will understand the key trends followed by the leading manufacturers in the Vacuum-mixing Devices market.
Based on product type, the Vacuum-mixing Devices market is segmented into three segments including, vertical vacuum-mixing devices, rotational vacuum-mixing devices and vertical+twisting vacuum-mixing devices. In this chapter, readers can find information about the key trends and developments in the Vacuum-mixing Devices market and market attractiveness analysis based on the product type.
Based on Modality, the Vacuum-mixing Devices market is segmented into bench top devices and portable devices. In this chapter, readers can find information about the key trends and developments in the Vacuum-mixing Devices market and market attractiveness analysis based on the Modality.
This chapter provides details about the Vacuum-mixing Devices market on the basis of end user, and has been classified into Ambulatory Surgical Centers, Hospitals and Specialty Clinics. In this chapter, readers can understand the market attractive analysis based on end user.
This chapter explains how the Vacuum-mixing Devices market will grow across various geographic regions, such as North America, Latin America, Europe, East Asia, South Asia, Oceania, the Middle East & Africa (MEA)
This chapter includes a detailed analysis of the growth of the North America Vacuum-mixing Devices market, along with a country-wise assessment that includes the U.S. and Canada.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America Vacuum-mixing Devices market. This chapter also includes the growth prospects of the Vacuum-mixing Devices market in the leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the Vacuum-mixing Devices market based on its end users in several countries, such as Germany, the UK, France, Spain, Italy, Russia, BENELUX and the Rest of Europe, are included in this chapter.
India, Indonesia, Thailand, Malaysia are the leading countries in the South Asia region that to obtain the growth prospects of the South Asia Vacuum-mixing Devices market in this chapter. Readers can find detailed information about the growth parameters of the South Asia Vacuum-mixing Devices market during the period 2019-2029.
This chapter highlights the growth of the Vacuum-mixing Devices market in the East Asia by focusing on China, Japan and South Korea. This section also helps readers understand the key factors that are responsible for the growth of the Vacuum-mixing Devices market in East Asia.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania Vacuum-mixing Devices market.
This chapter provides information about how the Vacuum-mixing Devices market will grow in the major countries in the MEA region, such as GCC Countries, South Africa, Turkey, Northern Africa and the rest of MEA, during the forecast period 2019 - 2029.
In this chapter, readers can find information about the market share each player has in the Vacuum-mixing Devices market.
In this chapter, readers can find a comprehensive list of all the leading stakeholders in the Vacuum-mixing Devices market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Zimmer Biomet, Heraeus Holding, Stryker, DJO Global, Inc., Summit Medical.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the Vacuum-mixing Devices report.
This chapter helps readers understand the research methodology followed to obtain the various conclusions as well as important qualitative and quantitative information about the Vacuum-mixing Devices market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Sales Heads
- Portfolio Managers
- Purchasing Managers
- Medical Officers
- Device Development Heads
- Strategy Advisors
- R&D Managers
- Product Manufacturers
- Component Suppliers / OEMs
- Hospital Purchasing Departments
- Physicians / Nursing Managers
- Industry Experts
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Product Adoption, Installed Base, Replacement Cycles, Refurbishment
- Regulatory Landscape
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity of Assumptions
- Industry Magazines
- Company Press Releases
- Annual Reports and Investor Presentations
- Peer-reviewed Journals
- Government Websites and Publications
- Trade Websites
- Country-specific Regulatory Authorities
- World Bank, WHO, IMF, OECD
Primary Interview Splits