Global Smoke Evacuation Systems Market: Key Competitors, SWOT Analysis, Business opportunities and Trend Analysis
The new report by Expert Market Research titled, ‘Global Smoke Evacuation Systems Market Size, Share, Growth, Analysis, Report and Forecast 2022-2027’, gives an in-depth analysis of the global Smoke Evacuation Systems market, assessing the market based on its segments like product, applications, end user and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 5%
Global smoke evacuation systems market to be driven by the medical sectors and aesthetic market in the Forecast Period of 2022-2027. In the medical sectors, there is significant increase in surgeries performed by powerful lasers and these procedures produce smoke/surgical plumes in the operating rooms which are very harmful, therefore, healthcare providers are increasingly using evacuation/suction devices to tackle poisonous gases. As healthcare agencies and governments across regions invest in systems to control the poisonous effects of aerosol and gases released due to laser surgeries, it creates significant demand in market for smoke evacuation system to be installed in hospitals/cosmetic treatment centers for safely disposing the noxious smells or fumes. The rising investments from key players towards enhancing the smoke evacuation technology is expected to aid the market growth in the forecast period. In post-COVID days, as the various sectors recover from the negative impacts of the pandemic, the product is likely to witness a rise in demand, buttressed by the efforts of government.
Industry Definition and Major Segments
Smoke Evacuation System is the equipment which is part of electro surgery and other aesthetic therapies to dispose of poisonous smells or fumes that are produced due to surgical procedures. With a dependable smoke evacuation system in place, doctors can keep their treatment rooms free of hazardous aerosols and gases while also keep their patients comfortable.
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The biosensors market, on the basis of technology, can be segmented into:
- Smoke Evacuating Systems
- Smoke Evacuation Filters
- Smoke Evacuation Pencils and Wands
- Smoke- Evac Fusion Products
- Smoke Evacuation Tubing
On the basis of application, the market can be categorised into:
- Laparoscopic Surgeries
- Orthopaedic Surgeries
- Medical Aesthetic Surgeries
On the basis of end user, the market can be categorised into:
- Ambulatory Surgical Centres
The regional markets for biosensors include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Among these, North America represents the largest smoke evacuation systems market.
Due to its growing adoption among healthcare facilities and significant usage due to the safety benefits of creating a healthier environment for surgeons, nurses, technologists, and surgical teams, the smoke evacuation pencils and wands segment is expected to account for the largest share during the forecast period. Another significant trend expected to boost market expansion in the forecast period is governments of various countries expanding their efforts to develop genomics and proteomics. Rapid technical improvements and rising expenditures by key companies to produce innovative solutions with cutting-edge features are expected to boost market expansion significantly.
Key Market Players
The major players in the market are Medtronic Plc, CONMED Corporation, Zimmer Biomet Holdings, Inc, Stryker Corporation, Erbe Elektromedizin GmbH and Pall Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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