Market Size of Vacuum Mixing Devices Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 230.86 Million |
Market Size (2029) | USD 262.71 Million |
CAGR (2024 - 2029) | 2.68 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Vacuum Mixing Devices Market Analysis
The Vacuum Mixing Devices Market size is estimated at USD 230.86 million in 2024, and is expected to reach USD 262.71 million by 2029, at a CAGR of 2.68% during the forecast period (2024-2029).
The COVID-19 pandemic impacted the vacuum mixing device market due to a decline in orthopedic procedures. For instance, according to a research study published in the Springer Journal in April 2021, nearly 90% of public and private institutions discontinued doing elective, non-urgent orthopedic surgeries, while 68% of private hospitals provided urgent surgical care. In more than 70% of European institutions, the surgical team was reduced. Additionally, during the COVID outbreak in India, 64% of orthopedic physicians ceased doing elective procedures. According to a research article published in the National Library of Medicine, in February 2021 in the United Kingdom, nearly 100,000 patients' joint replacement surgeries were canceled during the initial spread of the novel coronavirus. This severely impacted the market in the initial phase of the pandemic. However, post-pandemic, the market is expected to gain traction over the coming years because of declining COVID-19 cases and the resumption of small bone and orthopedic surgeries.
The factors driving the growth of the markets are the increasing demand for orthopedic and trauma surgeries, the rise in the prevalence of joint problems, and the clinical benefits associated with the use of vacuum-mixing devices. For instance, according to arthritis statistics for 2022 published by the SingleCare team in January 2022, in 2021, more than 350 million people worldwide had arthritis. Also, the study published in the Journal of Clinical Medicine in September 2021 stated that the incidence of osteoarthritis was lowest in patients under 60 years and peaked at 60–70 years. With the significant incidences of osteoarthritis, the demand for joint replacement is expected to increase, further boosting the market growth.
Vacuum mixing devices are used in bone cement to fill the gaps between the bones and prosthetics. Vacuum-mixing devices help improve the mechanical properties of bone cement. A vacuum mixing system reduces monomer evaporation and exposure in the operating room. Monomer exposure from mixing cement releases toxic and organic solvents that are critical when they come into contact. These advantages of vacuum mixing devices in several industries result in propelling the overall market.
However, the stringent government regulation for the approval process of vacuum mixing devices is one of the factors that is hindering the market’s growth.
Vacuum Mixing Devices Industry Segmentation
As per the scope, vacuum mixing devices are used in bone cement for filling the gaps between the bones and prosthetics. Moreover, it is also used to give support to artificial joints of the shoulder, knee, and elbow, and as compared to conventional mixing techniques, these devices mix the bone cement before infusion procedures. The Market is Segmented by Type (Vertical Vacuum-mixing Devices and Rotational Vacuum-mixing Devices), Modality (Bench Top Devices and Portable Devices), End-User (Hospitals, Ambulatory Surgical Centers, Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments. The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally.
By Type | |
Vertical Vacuum-mixing Devices | |
Rotational Vacuum-mixing Devices |
By Modality | |
Bench Top Devices | |
Portable Devices |
By End User | |
Hospitals | |
Ambulatory Surgical Centers | |
Other End Users |
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Vacuum Mixing Devices Market Size Summary
The vacuum mixing devices market is poised for growth, driven by increasing demand in orthopedic and trauma surgeries, alongside the rising prevalence of joint problems. These devices play a crucial role in enhancing the clinical outcomes of surgeries by improving the mixing process of bone cement used in procedures such as joint replacements. The market is also benefiting from the growing geriatric population and the prevalence of musculoskeletal disorders, which necessitate the use of these devices for effective treatment. Despite the challenges posed by stringent regulatory approvals, the market is expected to expand, supported by the increasing adoption of ambulatory surgery centers (ASCs) that offer cost-effective and efficient surgical care.
North America is anticipated to hold a significant share of the vacuum mixing devices market, bolstered by a well-established healthcare infrastructure and a rising aging population susceptible to joint-related disorders. The region's market growth is further supported by the presence of key industry players and continuous innovations in product offerings. Companies like Zimmer Biomet, Stryker Corporation, and DJO Global Inc. are actively expanding their product lines and geographical reach through strategic acquisitions and technological advancements. These efforts are expected to drive the market forward, despite potential short-term impacts from the COVID-19 pandemic.
Vacuum Mixing Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand of Vacuum Mixing Devices in Orthopedic and Trauma Surgery
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1.2.2 Clinical Benefits Associated with the Use Vacuum-mixing Devices
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1.2.3 Rising Prevalence of Joint Problems
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1.3 Market Restraints
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1.3.1 Stringent Government Regulations
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Vertical Vacuum-mixing Devices
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2.1.2 Rotational Vacuum-mixing Devices
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2.2 By Modality
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2.2.1 Bench Top Devices
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2.2.2 Portable Devices
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2.3 By End User
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2.3.1 Hospitals
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2.3.2 Ambulatory Surgical Centers
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2.3.3 Other End Users
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Vacuum Mixing Devices Market Size FAQs
How big is the Vacuum Mixing Devices Market?
The Vacuum Mixing Devices Market size is expected to reach USD 230.86 million in 2024 and grow at a CAGR of 2.68% to reach USD 262.71 million by 2029.
What is the current Vacuum Mixing Devices Market size?
In 2024, the Vacuum Mixing Devices Market size is expected to reach USD 230.86 million.