Market Research Future (MRFR) has published on the “global smoke evacuation device market”.
MRFR recognizes the following companies as the key players in the global smoke evacuation device market CONMED Corporation (US), Stryker (US), Medtronic (Ireland), Olympus Corporation (Japan), Johnson & Johnson Services, Inc. (US), Danaher (US), STERIS (US), Zimmer Biomet (US), Symmetry Surgical, Inc. (Germany), KLS Martin Group (Germany), and others.
Global Smoke Evacuation Device Market Highlights
The global smoke evacuation device market is accounted to register a CAGR of 9.54% during the forecast period and is estimated to reach USD 0.84 billion by 2032.
Increasing innovative developments in minimally invasive surgical equipment and rising numbers of surgical procedures are propelling the smoke evacuation market growth. Moreover, government agencies and industry associations have also recognized the clinical danger of surgical plume inhalation. As a result, key players are increasingly concentrating on developing and commercializing novel smoke evacuation products that are safer and more efficient. Furthermore, the number of treatment options and government approvals contribute to the market's growth. Product manufacturers are increasingly focusing on developing and commercializing novel products that offer safer and more effective smoke evacuation. Additionally, several acquisitions and agreements have been undertaken in this market. For instance, in September 2020, Olympus Corporation (Japan) agreed with Alesi Surgical Limited (UK) to distribute the 510(k)-cleared Ultravision surgical smoke control system in the US.
However, risks associated with toxic fumes produced during surgical procedures and limited clinical evidence to establish the operational efficacy of target products are restraining smoke evacuation market growth. In contrast, the rising number of electrosurgery procedures creates opportunities for the global market leaders.
Segment Analysis
The global smoke evacuation device market has been segmented based component, modality, type of surgery, and end user.
On the basis of component, smoke evacuation device market is segmented into smoke evacuation filters, smoke evacuation pencils & wands, smoke-evac fusion products (shrouds), smoke evacuation tubings, and accessories. Moreover, smoke evacuation filters segmented into ULPA filters, charcoal filters, in-line filters, and pre-filters. The smoke evacuation pencils & wands segment accounted for the largest market with a market share of over 30.85% in 2022, and is anticipated to be the fastest-growing for the forecast period of 2023–2032. The availability of a wide range of products for the electrosurgery procedure and rising demand for minimally invasive surgery are driving the global smoke evacuation device market. Moreover, electrosurgical devices like smoke filters, smoke evacuation pencils, and wands are comparatively efficient, causing limited blood loss and remarkably reducing the recovery time. This positively affects the smoke evacuation device market, thus burgeoning component segment growth.
Based on modality, the global smoke evacuation device market has been categorized into stationary systems and portable systems. The portable systems segment accounted for the largest share in 2022 and is the fastest-growing segment during the forecast period. The high cost associated with the maintenance of stationary evacuation devices and their lower efficiency compared to portable evacuation devices are estimated to hamper the growth of the centralized evacuation device market. However, portable smoke evacuating devices is anticipated to show a significant increase in the upcoming years as they facilitate ease of use and convenient mobility.
The smoke evacuation device, based on type of surgery, is segmented into general surgery, obstetrics/gynecology surgery, urological surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, oncological surgery, and other surgeries. The general surgery segment accounted for the largest market with a market share of over 21.64% in 2022 owing to the increasing medical tourism. In developing countries such as Thailand, China, India, Brazil, and Mexico are continuously improving their healthcare infrastructure to provide surgeries/treatments at low costs, such as dental care programs and cosmetic surgeries boosting medical tourism. Moreover, the most widespread procedures performed in these countries are rhinoplasty, breast augmentation, abdominoplasty, and liposuction.
Based on end user, the global smoke evacuation device market has been categorized into hospitals and clinics, ambulatory surgical centers, and others. The hospitals and clinics segment accounted for the largest share in 2022 and is the fastest-growing segment during the forecast period. The is due to the increasing adoption of smoke evacuation device in the hospitals, improve in the healthcare system, rising preference to the minimally invasive surgery.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Smoke Evacuation Device Market Research Report
Regional Analysis
The global smoke evacuation device market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Middle East & Africa. The North America further includes US and Canada. The Europe includes countries namely Germany, France, UK, Italy, Spain, and Rest of Europe. The smoke evacuation device in Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific. Moreover, the Rest of the World comprises of Middle East, Africa, and Latin America.
North America accounted for the largest share in 2022 owing to the high number of aesthetic surgeries performed. This includes Botox, wherein laser treatment is used, which causes smoke plumes during surgery. In addition, the rise in the number of other surgical procedures, including laparoscopic surgeries, spine surgeries, cardiovascular surgeries, and oncological surgeries, is further boosting the market growth in the region.
Moreover, Europe smoke evacuation market shows significant growth during the forecast period i.e., 2023 to 2032 owing to the increasing patient preference for minimally invasive surgeries, increased use of smoke evacuation devices, availability of relevant operating room protocols as well as smoke evacuation system guidelines, and skilled personnel to operate the devices. For instance, Denmark has mandated installing extraction systems that remove smoke and other harmful substances as close to the source as possible, which reduces exposure to the damaging effects of surgical smoke.
Furthermore, the Asia-Pacific smoke evacuation market region shows the highest growth during the forecast period due to substantial measures to strengthen its healthcare infrastructure in order to provide treatments and surgeries such as cosmetic surgeries and dental care programs at lower costs, thereby increasing medical tourism and creating lucrative growth opportunities for the Asia-Pacific region’s market growth. Furthermore, there are some common procedures such as rhinoplasty, abdominoplasty, breast augmentation, rhytidectomy, and liposuction that boost the region’s market growth.
Additionally, the following regions: the Middle East, Africa, and Latin America are considered part of the rest of the world. The Latin American region is also anticipated to register significant growth due to increasing reforms in the healthcare industry in this region. Healthcare organizations are undertaking various initiatives to improve healthcare facilities in the Middle East and African countries, driving market growth in this region. In addition, the rise in the number of surgical procedures, including cosmetic surgeries, cardiovascular surgeries, and oncological surgeries, in the region is further driving the adoption of smoke evacuation devices.
Key Findings of the Study
- The global smoke evacuation device market is expected to reach USD 0.84 billion by 2032 at a CAGR of 9.54% during the forecast period.
- The Europe region held the second largest market share of the global market, owing to a rising healthcare expenditure, and an increasing adoption of innovative smoke evacuation devices.
- Based on type of surgery, the general surgery segment held the largest market in 2022 and cosmetic surgery is the fastest growing segment during the forecast period.
- CONMED Corporation (US), Stryker (US), Medtronic (Ireland), Olympus Corporation (Japan), Johnson & Johnson Services, Inc. (US), Danaher (US), STERIS (US), Zimmer Biomet (US), Symmetry Surgical, Inc. (Germany), KLS Martin Group (Germany), and others are the key players in the market.
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Base Year | 2020 |
Companies Covered | 15 |
Pages | 128 |
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