This report aims to provide detailed insights
into the global Smoke
Evacuation Systems Market.
It provides valuable information on the type, procedure, application, and
region in the market. Furthermore, the information for these segments, by
region, is also presented in this report. Leading players in the market are
profiled to study their product offerings and understand the strategies undertaken
by them to be competitive in this market.
Revenue Growth Analysis:
The Smoke Evacuation Systems Market is estimated to be $115 million in 2020 and projected to reach $154 million by 2025, at a CAGR of 6.1%.
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Key Factors Driving Market Growth:
The adoption of smoke evacuating products and related software platforms is
growing across major regions such as North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. This is
primarily driven by the rising patient preference for minimally invasive
surgeries, increasing product availability, growing target patient population,
and the availability of relevant OR protocols and guidelines for their use. On
the other hand, clinical evidence testifying to their efficacy has yet to be
established. Rising pricing pressures and concerns regarding the safety of
smoke evacuation systems will also hinder the market growth.
The Smoke Evacuation System Market includes major Tier I and II suppliers like
CONMED Corporation (US), Medtronic plc (Ireland),
Stryker Corporation (US), Ethicon (US), and Olympus Corporation (Japan). These suppliers have their manufacturing
facilities spread across various countries across Asia
Pacific, Europe, North America, South
America, and RoW. COVID-19 has impacted their businesses as well.
Multiple manufacturing facilities of players have shut down due to COVID-19.
Industry experts believe that COVID-19 will have short-term negative growth for
the market in 2020, but will experience normal growth as the market gradually
steadies by the end of 2020.
Increasing Number of Elective Surgical Procedures:
Elective procedures include cosmetic, bariatric,
and plastic surgical procedures performed to improve a patient’s aesthetic
appearance. The majority of these procedures utilize high-temperature or
energy-intensive devices for tissue resection, lipid removal, or tissue
charring, all of which can generate significant amounts of surgical plume.
Surgeons, so far, have reported a limited preference for the smoke evacuation
process during elective procedures owing to insufficient evidence supporting
its clinical benefits. However, with the evolving regulatory scenario and
industrial guidelines related to the mandatory usage of evacuation systems
during surgical procedures, target end users are expected to utilize safer,
more affordable, and effective products. Thus, the majority of OEMs are
increasingly focusing on this industry segment as an emerging area that could
provide renewed growth opportunities owing to the increasing number of elective
procedures.
The laparoscopic surgeries application segment is expected to
register the highest growth rate in the market during the forecast period
On the basis of application, the Smoke Evacuation Systems Market is segmented
into medical aesthetic surgeries, open general surgeries, orthopedic surgeries,
and laparoscopic surgeries. The laparoscopicsurgeriesapplication segment is
expected to register the highest growth rate due tothe advantages of
laparoscopic procedures over conventional open surgery and the need to improve
the working environment in the operating room.
North America dominated the
global Smoke Evacuation Systems Market in 2020
The large share of the North American market can mainly be attributed to the
increasing number of surgical procedures, technological advancements, rising
demand for minimally invasive surgeries, favorable reimbursement scenario, and
rising government concerns regarding the health hazards of surgical plumes.
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Key Market Players:
CONMED Corporation(US), Medtronic Plc(Ireland),
Olympus(Japan), Ethicon(US), Erbe Elektromedizin
GmbH(Germany), KLS Martin(Germany), Stryker Corporation(US), I.C Medical(US),
Symmetry Surgical Inc. (US), Utah Medical Products Inc(US), Zimmer Biomet(US),
Pall Corporation(US), Ecolab(US), and Deroyal(US) are some major players in the
global Smoke Evacuation Systems Market.