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Global Smoke Evacuation Systems Market to Grow at a CAGR of 6.5% During 2021-2026, Aided by the Rising Awareness Regarding the Importance of Smoke Evacuation Systems

According to a new report by EMR titled, ‘Global Smoke Evacuation Systems Market Report and Forecast 2021-2026’, the market is expected to grow at a CAGR of 6.5% in the forecast period of 2021-2026.

A rise in the global market for smoke evacuation systems is being led by rising awareness in the form of training camps, seminars, and lectures regarding the importance of smoke evacuation systems in hospitals and other medical centres. Smoke released during medical procedures like minimally invasive surgeries like endoscopy and laparoscopy, medical aesthetic surgeries, and orthopaedic surgeries contain harmful gases and bacteria, which may be life threating if consumed. Hence, the rising focus for the adoption of smoke evacuation systems including products like smoke evacuation pencils and wands, smoke evacuation filters, among other devices, are boosting the overall market growth of smoke evacuation systems. Furthermore, implementation of stringent regulations such as surgical smoke evacuation legislation in various developed countries are further aiding the market growth. Moreover, technological advancements in smoke evacuation systems by leading market players, such as Medtronic plc (NYSE: MDT), are positively impacting the market growth of smoke evacuation systems.

Steris plc (NYSE: STE), a leading company in the global market of smoke evacuation systems, offers a wide range of smoke evacuation products like systems, filters, and accessories for effective evacuation of surgical plumes. The Harmony AIR smoke evacuation system by Steris Healthcare is designed to effectively manage surgical smoke plume. The compact design of the system makes it simple to use, provides flexible options for tubing and accessories, and frees vital shelf space as it can easily be installed anywhere, and the simple design further minimises training needs and enhances utilisation. In addition to this, Harmony AIR smoke evacuation system significantly aids in cutting costs as the variable filter life of nearly 3 months reduces procedure costs and the 3-port filter design further eliminates adapters. Hence, such products in the market are enhancing the market growth of smoke evacuation systems.

Market Analysis by Product, Application, End-User, and Region:

  • The market segmentations based on product, include smoke evacuating systems, smoke evacuation filters, smoke evacuation pencils and wands, smoke-evac fusion products, smoke evacuation tubing, and accessories.
  • Based on application, the market can be categorised into laparoscopic surgeries, orthopaedic surgeries, and medical aesthetic surgeries, among others.
  • On the basis of end-user, the market can be divided into hospitals, and ambulatory surgical centres, among others.
  • The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market growth of smoke evacuation systems is being driven by the rising preference for minimally invasive surgeries, which are done by medical equipment that produces surgical smoke.
  • Robust demand for smoke evacuation products to help reduce the exposure to chemicals, gases, and other bacterial hazards borne out of surgical plumes, is boosting the market growth.
  • Development and advancement of medical equipment, such as ultrasonic and energy-based electrocautery devices, and lasers for medical surgeries like laparoscopy and orthopaedic surgeries, are invigorating the market growth of smoke evacuation systems in hospitals and surgical centres.
  • Awareness programmes in the form of seminars, lectures, and training, along with the development of advanced smoke evacuation systems, are propelling the growth of the market.

Key Offerings of the Report:

  • The EMR report gives an overview of the global smoke evacuation systems industry for the periods (2016-2020) and (2021-2026).
  • The report also offers historical (2016-2020) and forecast (2021-2026) markets for products, applications, end-users, and regions of smoke evacuation systems.
  • The report analyses market dynamics, covering the key demand and price indicators in the market along with an assessment of the SWOT and Porter’s Five Forces Model.

The major players in the global smoke evacuation systems market are Medtronic plc, CONMED Corporation, Zimmer Biomet Holdings, Inc., Stryker Corporation, Erbe Elektromedizin GmbH, and Pall Corporation., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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