The global Vacuum Mixing Devices Market is set to experience a significant growth of 2.4% CAGR from 2022 to 2029, with an estimated market value of around US$ 157.9 Million as of 2022. As per Future Market Insights projections, Vertical Vacuum-Mixing Devices hold a substantial share of over 57.7% in 2021 within the Global market.
Market Outlook:
Data Points | Market Insights |
---|---|
Market Value 2021 | US$ 154.0 Million |
Market Value 2022 | US$ 157.9 Million |
Market Value 2029 | US$ 186.0 Million |
CAGR 2022 to 2029 | 2.4% |
Market Share of Top 5 Countries | 50.8% |
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Particulars | Details |
---|---|
H1, 2021 | 2.39% |
H1, 2022 Projected | 2.37% |
H1, 2022 Outlook | 2.27% |
BPS Change - H1, 2022 (O) - H1, 2022 (P) | (-) 10 ↓ |
BPS Change - H1, 2022 (O) - H1, 2021 | (-) 12 ↓ |
The global vacuum mixing devices market comparative analysis and market growth rate are studied by Future Market Insights.
The comparative analysis and market growth rate of the global vacuum mixing devices market as studied by Future Market Insights will show a negative BPS growth in the H1-2022 outlook as compared to H1-2022 projected period by 10 BPS, and this market is further estimated to show negative BPS growth with a 12 Basis Point Share in H1-2022 (O) compared to H1-2021.
Key developments in the market are mainly due to a rise in awareness of innovative products such as digital feeding complied with a scanner.
According to FMI analysis, the decline in BPS is attributed to factors such as stringent government regulations for approval and varying regulations across different regions which pose hurdles that could change the market dynamics in that region and result in the decline of shares.
Despite these negative aspects, manufacturers target untapped markets like Asia-Pacific and incorporate acquisition and partnership strategies amongst global players to increase awareness about the importance of vacuum mixing devices. This will influence the market growth in the upcoming years.
Also, different products are launched in the market that can be effectively used with various types of bone cement with continuous innovations in technology. This factor is likely to excel in the growth of the overall vacuum mixing devices market.
The vacuum mixing devices market holds nearly 11.8% of the overall US$ 1.3 Billion Modern Cementing market in 2021.
Vacuum mixing devices have applications in bone cement for filling the gaps between bones and prosthetics. Moreover, they are also used to provide support to artificial joints such as shoulders, elbows, and knees. In comparison to conventional mixing techniques, vacuum mixing devices blend the bone cement before the procedure for infusion to take place.
The rising incidence of orthopedic, trauma, and dental surgeries is driving the market for vacuum-mixing devices. An increase in the geriatric population leading to an increase in the number of joint replacement and denture procedures is also expected to drive the vacuum-mixing devices market over the forecast period.
Technological advancements in vacuum-mixing devices are making them more capable to mix low as well as high-viscosity bone cement, which also is expected to drive the vacuum-mixing devices market over the forecast period. Conversely, high costs related to orthopaedic procedures, particularly implant fixation processes combined with the lack of awareness of vacuum-mixing devices in the market may slow down the sales growth of vacuum-mixing devices over the globe.
Certain government regulations regarding the mix of bone cement might also affect the growth of the vacuum-mixing devices market, however, the process of accelerating approvals for medical devices in certain regions will establish growth for the vacuum-mixing devices market.
Ultra-high-performance concrete is a vital development in concrete technology assisted by the grouping of good particle packing density, suitable mixing techniques, and compatible binders and admixtures. Over the last few decades, significant research has been executed to discover the confines of this innovative concrete.
The market is expected to expand at a considerable growth rate over the next seven years at a CAGR of close to 2.4% and offer an absolute $ opportunity of US$ 4.0 Million from 2022 to 2023.
The trend of growth analysis for vacuum mixing devices has displayed a low end in terms of sales and revenue generation, affecting small as well as well-established manufacturers. There has been a slow progression in terms of new product launches in the market owing to which, the key players have exhibited their interest in the introduction of novel features to their product offerings, which would include automated systems with incorporated digital feeding compiled with a scanner. This trend is set to pose an opportunistic approach in the vacuum mixing devices market.
Additionally, mapping customer-centric models as well as cost-effective solutions may prove to advance the sales revenue for manufacturers in the vacuum mixing devices industry. Since the chief consumer base for vacuum mixing device manufacturers are hospitals and specialty clinics, accounting for the total rate of procedures such as implant surgery, arthroplasty, and dental procedures, the manufacturers in the market are expected to project lucrative growth through these consumer bases.
As per the 2020 data by The American Academy of Implant Dentistry, annually an increase in the number of people getting a dental implant can be seen rising by nearly 500,000. Moreover, the distribution network for the supply of vacuum mixing devices/products through local networks would aid the product sales and would hence, eventually benefit the revenue gains by the manufacturers.
These factors cumulatively propose to exhibit advancements in the vacuum mixing devices market, through penetration, availability of resources, and rise in awareness of advanced products for various procedures.
The development in orthopedic procedures has transformed over the years owing to the rising geriatric population globally, which is largely subjected to undergo orthopedic procedures. The cost of such procedures is relatively higher than the influx of the patient pool. While this factor is a restraint to the vacuum mixing devices market, other factors influencing the high cost of procedure are a consolidation of hospitals, creating a local and regional chain of these centers where the end-user possesses greater leverage over bargaining.
The pricing pattern of hospitals in a concentrated market is higher as compared to the former, playing a role in creating a high margin for profit from insurance payers.
This significant rise in treatment cost, given the present healthcare scenario, has given influenced the adoption of vacuum mixing devices. This stance is justified when larger and much more consolidated hospital services purchase a large amount of vacuum mixing products. The investments from such consolidated medical services are greater than local medical clinics and small hospitals, and they are thus considered vital in terms of end users in the market.
Apart from this, regulations for medical devices vary from one region to the other, which may hinder the growth of sales of vacuum mixing devices as they begin to proceed with the sales and exposure of the products in different regions. The vacuum mixing devices market is largely comprised of small players who are in competition with well-established manufacturers for market space and expansion.
The market is highly fragmented with the key players covering a major share of the global market owing to their presence in most of the developing and developed economies. This may hinder the sales growth of the smaller players in terms of their product outreach and sales, wherein, for penetration into major markets, the product pricing must have a differentiated and lucrative proposal to it.
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The USA dominates the North American region with a total market share of about 87.0% in 2021 and is projected to continue experiencing high growth throughout the forecast period. The growth of this market is driven by the high number of people with disabilities combined with a large geriatric population. Additionally, the growth in the country is also associated with the establishment of key manufacturers and research institutes with dedicated programs relevant to the field of automation and robotics in medicine and healthcare.
Germany is set to exhibit a CAGR of about 1.9% in the European vacuum mixing devices market during the forecast period. The manufacturing industry in the country is one of the foremost providers of revenue in the European medical device industry. The established players have a tighter local as well as global outreach.
China holds a 34.3% share of the East Asia market in 2021 and is projected to increase at a CAGR rate of 2.9% during the forecast period. The growth of the vacuum mixing devices market in the country is attributed to the rising wave of automation and robotic assistive devices in the region of East Asia, with China as the prime contributor in the development industry for robotic devices for various intended uses, including vacuum mixing devices for orthopaedic procedures.
In 2021, Japan held a 51.5% share in the East Asia vacuum mixing devices market and is projected to expand at a CAGR of 2.2% from 2022 to 2029. With a high geriatric population and a developed healthcare system, the care of patients is comprehensive and supports their needs. The process of dental implants in the region of East Asia has gained traction over the past decade, following which, the market for vacuum mixing devices is set to witness significant growth.
Vertical Vacuum-Mixing Devices project lucrative growth at a CAGR of 2.6% till the end of the forecast period, with a market share of around 57.7% in 2021. The growth is associated with the higher efficiency of the vertical vacuum mixing devices over the other variants for mixing as they also incorporate the process of deagglomeration with efficacy.
Portable Devices hold a revenue share of 93.5% in 2021 and are projected to hold a share over the forecast period with the estimation being 94.2%. The segment holds the maximum revenue share due to the property of accessibility of applications as well as penetration into small medical centers and hospitals with cost-effective means of utilization.
Hospitals hold a revenue share of 89.5% in 2021 and are projected to hold a share over the forecast period with the estimation being 89.6%. A majority of procedures involving the use of vacuum mixing devices are performed within the hospitals, such as dental implants and orthopaedic procedures, which require physician aid. Moreover, hospital networks promote the purchasing power for the vacuum mixing devices market and are thus dominant as an end-user segment.
Strategic collaborations, acquisitions, expansion, product launches, agreements, and research sponsorship are the key strategies adopted by manufacturers to increase product sales in different geographies.
Similarly, recent developments related to companies manufacturing vacuum mixing device products have been tracked by the team at Future Market Insights, which are available in the full report.
Attribute | Details |
---|---|
Forecast Period | 2022 to 2029 |
Historical Data Available for | 2014 to 2021 |
Market Analysis | US$ Million for Value |
Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
Key Countries Covered | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, BENELUX, Russia, China, Japan, South Korea, India, Malaysia, Indonesia, Thailand, Australia, New Zealand, GCC Countries, South Africa, Turkey, North Africa |
Key Market Segments Covered | Product, Modality, End User, and Region |
Key Companies Profiled | Zimmer Biomet; Heraeus Holding; Stryker; DJO Global, Inc.; Summit Medical; OSARTIS GmbH; SIRIO DENTAL S.R.L.; DENTALFARM SRL; Eurocem Srl; Whip Mix Corporation |
Pricing | Available upon Request |
The global vacuum mixing devices market is worth US$ 154.0 Million at present and is set to expand 1.2X over the next seven years.
The vacuum mixing devices market is expected to reach US$ 186.0 Million by the end of 2029, with sales revenue expected to register 2.4% CAGR.
High adoption of vacuum-mixing devices in developed regions, Extensive pricing competition among local or regional players, and steady growth in the import and export of vacuum-mixing devices are some of the key trends being witnessed in this marketplace.
The USA, Japan, Germany, China, and the United Kingdom are expected to drive demand for vacuum mixing device products.
North America is one of the key markets for vacuum mixing devices, with the USA expected to account for over 85.8% of the North American market revenue share during the forecast period.
Demand for vacuum mixing devices in Europe is expected to register a growth of 2.1% over the next seven years.
The USA, Japan, and Germany are key producers of vacuum mixing device products.
Zimmer Biomet, Heraeus Holding, Stryker, DJO Global, Inc., Summit Medical, OSARTIS GmbH, SIRIO DENTAL S.R.L., DENTALFARM SRL, Eurocem Srl and Whip Mix Corporation are the key exporters of vacuum mixing devices market.
1. Executive Summary | Vacuum Mixing Devices Market 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Business Strategies 3.2. Five Forces Analysis 4. Key Success Factors 4.1. Key Regulatory Scenario 4.2. Patent Analysis 4.3. Opportunity Analysis in Dental 4.4. Epidemiology – Trauma Cases 4.5. Product Type Reasoning 4.6. USPs and Features 5. Global Market Demand (in Volume Units) Analysis 2021 and Forecast 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis by Product Type 6.2. Global Average Pricing Analysis Benchmark 7. Global Market Demand (in Value or Size in US$ Million) Analysis 2014 to 2021 and Forecast, 2022 to 2029 7.1. Historical Market Value (US$ Million) Analysis, 2014 to 2021 7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2029 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global GDP Growth Outlook 8.1.2. Global Healthcare Expenditure Outlook 8.1.3. Growth of the Healthcare Sector in Emerging nations 8.2. Forecast Factors - Relevance & Impact 8.2.1. Top Companies Historical Growth 8.2.2. Frequency of New Product Launches 8.2.3. Alternatives of Vacuum-Mixing Devices 8.2.4. Replacement Rate for Bench Top Devices 8.2.5. New Sales Rate 8.3. Market Dynamics 8.3.1. Drivers 8.3.2. Restraints 8.3.3. Opportunity Analysis 9. Global Market Analysis 2014 to 2021 and Forecast 2022 to 2029, by Product Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Million) Analysis by Product Type, 2014 to 2021 9.3. Current and Future Market Size (US$ Million) Analysis and Forecast by Product Type, 2022 to 2029 9.3.1. Vertical Vacuum-Mixing Devices 9.3.2. Rotational Vacuum-Mixing Devices 9.3.3. Vertical + Twisting Vacuum-Mixing Devices 9.4. Attractiveness Analysis by Product Type 10. Global Market Analysis 2014 to 2021 and Forecast 2022 to 2029, by Modality 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) Analysis by Modality, 2014 to 2021 10.3. Current and Future Market Size (US$ Million) Analysis and Forecast by Modality, 2022 to 2029 10.3.1. Bench Top Devices 10.3.2. Portable Devices 10.4. Market Attractiveness Analysis by Modality 11. Global Market Analysis 2014 to 2021 and Forecast 2022 to 2029, by End User 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) Analysis by End User, 2014 to 2021 11.3. Current and Future Market Size (US$ Million) Analysis and Forecast by End User, 2021 to 2021 11.3.1. Ambulatory Surgical Centres 11.3.2. Hospitals 11.3.3. Speciality Clinics 11.4. Market Attractiveness Analysis by End User 12. Global Market Analysis 2014 to 2021 and Forecast 2022 to 2029, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Million) Analysis by Region, 2014 to 2021 12.3. Current Market Size (US$ Million) Analysis and Forecast by Region, 2021 - 2021 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. Middle East and Africa (MEA) 12.3.5. East Asia 12.3.6. South Asia 12.3.7. Oceania 12.4. Market Attractiveness Analysis by Region 13. North America Market Analysis 2014 to 2021 and Forecast 2022 to 2029 13.1. Introduction 13.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 13.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 13.3.1. By Country 13.3.1.1. USA 13.3.1.2. Canada 13.3.2. By Product Type 13.3.3. By Modality 13.3.4. By End User 13.4. Market Attractiveness Analysis 14. Latin America Market Analysis 2014 to 2021 and Forecast 2022 to 2029 14.1. Introduction 14.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 14.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Rest of Latin America 14.3.2. By Product Type 14.3.3. By Modality 14.3.4. By End User 14.4. Market Attractiveness Analysis 15. Europe Market Analysis 2014 to 2021 and Forecast 2022 to 2029 15.1. Introduction 15.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 15.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. United Kingdom 15.3.1.5. Spain 15.3.1.6. BENELUX 15.3.1.7. Russia 15.3.1.8. Rest of Europe 15.3.2. By Product Type 15.3.3. By Modality 15.3.4. By End User 15.4. Market Attractiveness Analysis 16. South Asia Market Analysis 2014 to 2021 and Forecast 2022 to 2029 16.1. Introduction 16.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 16.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Product Type 16.3.3. By Modality 16.3.4. By End User 16.4. Market Attractiveness Analysis 17. East Asia Market Analysis 2014 to 2021 and Forecast 2022 to 2029 17.1. Introduction 17.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 17.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.2. By Product Type 17.3.3. By Modality 17.3.4. By End User 17.4. Market Attractiveness Analysis 18. Oceania Market Analysis 2014 to 2021 and Forecast 2022 to 2029 18.1. Introduction 18.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 18.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Product Type 18.3.3. By Modality 18.3.4. By End User 18.4. Market Attractiveness Analysis 19. Middle East and Africa Market Analysis 2014 to 2021 and Forecast 2022 to 2029 19.1. Introduction 19.2. Historical Market Size (US$ Million) Trend Analysis by Market Taxonomy, 2014 to 2021 19.3. Market Size (US$ Million) Forecast By Market Taxonomy, 2022 to 2029 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Turkey 19.3.1.4. North Africa 19.3.1.5. Rest of Middle East and Africa 19.3.2. By Product Type 19.3.3. By Modality 19.3.4. By End User 19.4. Market Attractiveness Analysis 20. Emerging Countries Market Analysis 2014 to 2021 and Forecast 2022 to 2029 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. China Market Analysis 20.2.1. Introduction 20.2.2. Market Value Proportion Analysis by Market Taxonomy 20.2.3. Market Value (US$ Million) Analysis and Forecast by Market Taxonomy 20.2.3.1. By Product Type 20.2.3.2. By Modality 20.2.3.3. By End User 20.2.4. China Market Attractiveness Analysis 20.3. India Market Analysis 20.3.1. Introduction 20.3.2. Market Value Proportion Analysis by Market Taxonomy 20.3.3. Market Value (US$ Million) Analysis and Forecast by Market Taxonomy 20.3.3.1. By Product Type 20.3.3.2. By Modality 20.3.3.3. By End User 20.3.4. India Market Attractiveness Analysis 20.4. Brazil Market Analysis 20.4.1. Introduction 20.4.2. Market Value Proportion Analysis by Market Taxonomy 20.4.3. Market Value (US$ Million) Analysis and Forecast by Market Taxonomy 20.4.3.1. By Product Type 20.4.3.2. By Modality 20.4.3.3. By End User 20.4.4. Brazil Market Attractiveness Analysis 21. Market Structure Analysis 21.1. Market Share Analysis of Top Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Deep Dive 22.2.1. Zimmer Biomet 22.2.1.1. Overview 22.2.1.2. Product Portfolio 22.2.1.3. Financial 22.2.1.4. Analyst Commentary 22.2.2. Heraeus Holding 22.2.2.1. Overview 22.2.2.2. Product Portfolio 22.2.2.3. Financial 22.2.2.4. Analyst Commentary 22.2.3. Stryker 22.2.3.1. Overview 22.2.3.2. Product Portfolio 22.2.3.3. Financial 22.2.3.4. Analyst Commentary 22.2.4. DJO Global, Inc. 22.2.4.1. Overview 22.2.4.2. Product Portfolio 22.2.4.3. Financial 22.2.4.4. Analyst Commentary 22.2.5. Summit Medical 22.2.5.1. Overview 22.2.5.2. Product Portfolio 22.2.5.3. Financial 22.2.5.4. Analyst Commentary 22.2.6. OSARTIS GmbH 22.2.6.1. Overview 22.2.6.2. Product Portfolio 22.2.6.3. Financial 22.2.6.4. Analyst Commentary 22.2.7. SIRIO DENTAL S.R.L. 22.2.7.1. Overview 22.2.7.2. Product Portfolio 22.2.7.3. Financial 22.2.7.4. Analyst Commentary 22.2.8. DENTALFARM SRL 22.2.8.1. Overview 22.2.8.2. Product Portfolio 22.2.8.3. Financial 22.2.8.4. Analyst Commentary 22.2.9. Eurocem Srl 22.2.9.1. Overview 22.2.9.2. Product Portfolio 22.2.9.3. Financial 22.2.9.4. Analyst Commentary 22.2.10. Whip Mix Corporation 22.2.10.1. Overview 22.2.10.2. Product Portfolio 22.2.10.3. Financial 22.2.10.4. Analyst Commentary 23. Assumptions and Acronyms Used 24. Research Methodology
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