Vacuum-Mixing Devices Market Expected to Witness a CAGR of 2.0% through 2019-2029 | FMI Reports

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Vacuum-Mixing Devices Market to Grow at CAGR 2.0
through 2019-2029 Future Market Insights

• March 2020

Report Id REP-GB-7515 Published On
16-Aug-2019 Category Healthcare,
Pharmaceuticals Medical Devices
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Vacuum Mixing Devices Market Analysis
Driven by the demand for efficient medical
laboratory equipment and the changing face of
healthcare models, the global market for vacuum
mixing devices - valued at US 143.8 Mn in 2018
- is estimated to grow by 2 YOY in 2019. These
insights are according to a new research report
by Future Market Insights (FMI), which underlines
the key headwinds and tailwinds determining the
future potential of vacuum mixing devices
market. The FMI analyst is of the opinion that
market gains will further be upheld by the
clinical benefits associated with use of vacuum
mixing devices. FMI expects the vacuum mixing
devices to see unwavering growth in the next 10
years, as the global healthcare space actively
embraces efficiency-enabling medical mixing
equipment. Medical mixing processes have
remained challenging for a long period of time,
primarily undermined by the lack of competent
technologies. With gradual evolution of vacuum
mixing devices, a wide range of mixing
applications are handled seamlessly in shorter
timespan without compromising on the results.
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Vacuum Mixing Devices Market Analysis
According to the FMI report, the vacuum mixing
devices market reflects a fair degree of
fragmentation, wherein a large pool of regional
manufacturers is competing neck to neck. Stryker
Corporation and Zimmer Biomet remain two of the
market goliaths, with strong product portfolios
and extended regional presence. A majority of
the revenues of these two companies are generated
from the US and Germany, and their focus on
strategic collaborations will continue to yield
significant profit benefits and ensure sustained
growth. For instance, in 2018, Zimmer Biomet
Holdings, Inc. - a global leader in
musculoskeletal healthcare collaborated with
Apple to transform the patients journey for two
most common type of surgeries undergone by the
Americans every year knee and hip replacement.
This collaboration was aimed at popularizing the
Zimmer Biomet mymobility app, an app that
makes use of Apple Watch to facilitate
constructive connections between patients and
their respective surgical teams. The FMI analyst
finds that though the factors conditioning
success differ for market players of varying
statures, but in all the cases, the market
partakers will have to be adept at effective
tracking of the evolving market trends and make
necessary adaptations.
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Vacuum Mixing Devices Market Analysis
Portability The New Normal Grappling End User
Appeal In 2018, the devices with vertical
orientation are estimated to surpass other
variants and account for over ½ of the global
vacuum mixing devices-derived value. Though end
users will continue to invest in vertical vacuum
mixing devices, the demand for rotational vacuum
mixing devices will also see a considerable
uptick through 2029, unveils FMI. With
portable emerging as the new norm in the
medical laboratory equipment space, manufacturers
are jumping onto the portability bandwagon by
launching newer models of vacuum mixing devices
that are easy-to-carry and compact in size.
According to the FMI analysis, North America
(29) and Europe (26) will continue to be the
leading markets for vacuum mixing devices in 2019
and beyond, set in motion by robust healthcare
infrastructure and massive investments in
development of high-quality laboratory essentials.
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Vacuum Mixing Devices Market Analysis
Vacuum mixing devices worth US 128 Mn were
sold in hospitals in 2018, primarily driven by
the growing number of inpatient and outpatient
procedures. Manufacturers, to draw upon this
increase in demand, are focusing on effective
marketing of their products to hospitals by using
easy-to-use and compatibility with varying
viscosities as two of their key marketing
touchpoints. However, various regulations put in
place for manufacturing of vacuum mixing devices
will continue to impede its penetration by
increasing the time-to-market factor. This
study sheds light on the untapped opportunities
in the vacuum mixing devices market and finds the
market would grow at a value CAGR of 2 during
the forecast period. Source Link
https//www.globenewswire.com/news-release/2019/08
/20/1904254/0/en/Vacuum-mixing-Devices-Market-valu
e-is-anticipated-to-grow-at-a-CAGR-of-2-over-2019-
to-2029-Future-Market-Insights.html
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Vacuum Mixing Devices Market Analysis

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• About Us
• Future Market Insights (FMI) is a leading market
  intelligence and consulting firm. We deliver
  syndicated research reports, custom research
  reports and consulting services which are
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  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Vacuum Mixing Devices Market Analysis
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