Smoke Evacuation System Forecast to 2025
Definition: Global Smoke Evacuation System Market
The smoke plume is generated during electro surgery and laser surgery and has become a major concern for both operators and patients. It is essential to eliminate offensive and potentially infectious smoke plume from the surgical room. The surgical smoke evacuation systems are the high-flow vacuum sources at the surgical site. Various key players are investing a huge amount in the development of this system as they are been used in various verticals such as hospitals, ambulatory surgical centers, cosmetic surgery centers, clinics. According to an article published by Bovie Medical, over 500,000 people are exposed to surgical smoke plumes each year.
Market Analysis: Global Smoke Evacuation System
The Global Smoke Evacuation System Market is expected to reach USD 142.08 million in 2017 growing at a CAGR of 5.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Drivers and Restraints:
- Technological advancements
- Increasing demand for minimally invasive surgeries
- Rising geriatric population across the globe
- Increasing demand for smoke evacuation systems.
- Unfavorable healthcare reforms in the U.S.
- Increasing preference for non-invasive treatment procedures
Segmentation: Global Smoke Evacuation System
- The global smoke evacuation system market is segmented based on product type, end user, application and geographical segments.
- On the basis of product, the market is classified into smoke evacuators, smoke evacuation filters, smoke evacuation pencils & wands, smoke-evac fusion products (shrouds), smoke evacuation tubings, accessories.
- On the basis of application, the market is classified into electrosurgical units, lasers, radiofrequency devices, ultrasonic devices, burrs and high-speed drills, cautery units.
- On the basis of end users, the market is segmented into hospitals, ambulatory centers, clinics, community healthcare and others.
Competitive Analysis:
The global smoke evacuation system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of smoke evacuation system market for global, Europe, North America, Asia Pacific and South America.
Market Competitors/Players: Global Smoke Evacuation System
Some of the major players operating in the global smoke evacuation system market are Buffalo Filter LLC (A Part of Filtration Group Corporation Life Sciences Group), I. C. Medical, Inc., Covidien (A Subsidiary of Medtronic PLC), Conmed Corporation, Cls Surgimedics, Coopersurgical Inc. (A Subsidiary of the Cooper Companies, Inc.), Bovie Medical Corporation, Utah Medical Products, Inc., Megadyne Medical Products Inc., Erbe Elektromedizin GmbH
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