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Smoke Evacuation Systems Market is estimated to be US$ 198.03 million by 2030 with a CAGR of 6.10% during the forecast period
Smoke Evacuation Systems Market is estimated to be US$ 198.03 million by 2030 with a CAGR of 6.10% during the forecast period
The report “Global Smoke Evacuation Systems Market, By Type (Electrosurgical Units, and Laparoscopic Surgery), By Application (Hospitals, Surgical Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Smoke Evacuation Systems Market accounted for US$ 110 million in 2020 and is estimated to be US$ 198.03 million by 2030 and is anticipated to register a CAGR of 6.1%. Surgical smoke evacuation systems are high-flow suction and filtering devices used to remove, or capture, the smoke generated at the surgical site during the use of lasers and electrosurgical units (ESUs). This process helps minimize patient and staff exposure to the aerosols and gases carried by the smoke. The smoke evacuation systems market is impacted due to the pandemic, resulting in short term negative growth due to factors such as sharp declines in elective surgeries, the ban on elective surgeries in many countries such as Dubai and Australia, unavailability of beds for critical care needs, decline in general surgeries, restricted hospital access for non-essential care, nationwide lockdowns, and the slowdown in patient flow and referrals.

The report “Global Smoke Evacuation Systems Market, By Type (Electrosurgical Units, and Laparoscopic Surgery), By Application (Hospitals, Surgical Centers, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

·         In January 2017, Ethicon acquired Megadyne Medical Products which helped the company strengthen its market position owing to Megadyne Medical Products’ innovative surgical smoke evacuation solutions. Ethicon’s broad product portfolio and vast geographical footprint are the prime reasons for its strong market position in the smoke evacuation systems market.

Analyst View:

Various government agencies and industry associations have also recognized the clinical risks related to surgical plume inhalation. Thus, product manufacturers are increasingly that specialize in developing and commercializing novel products that provide safer and simpler smoke evacuation. Healthcare providers are increasingly using evacuation/suction devices for the removal of smoke/surgical plumes from operating rooms and surgical theaters. Surgical plume inhalation leads to chronic medical conditions among patients and surgeons exposed to them.

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Key Market Insights from the report:

The Global Smoke Evacuation Systems Market accounted for US$ 110 million in 2020 and is estimated to be US$ 198.03 million by 2030 and is anticipated to register a CAGR of 6.1%.  The Global Smoke Evacuation Systems Market report segments the market on the basis of type, application, and region.

·         By Type, the Global Smoke Evacuation Systems Market is segmented into Electrosurgical Units, and Laparoscopic Surgery.

·         By application, the Global Smoke Evacuation Systems Market is segmented into hospitals, surgical centers and others.

·         By region, the Global Smoke Evacuation Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market dominates the Global Smoke Evacuation Systems Market with higher market share.

Competitive Landscape:

The Key players in the global smoke evacuation systems market include, Medgyn Products, Alsa Apparecchi Medical, Surgiform Technology, Stryker, BOWA-electronic, CooperSurgical, Skytron, Femcare-Nikomed, Purple Surgical, and MetroMed Healthcare.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.