Global SmokeEvacuation System Market, by Product Type (Smoke Evacuation Tubings, SmokeEvacuators – Portable and Stationary, Smoke Evacuation Wands & Pencils,Smoke Evacuation Filtration Devices and Smoke Evacuation Pencils and Wands), byApplication (Laparoscopic Surgery, Open Surgery, Aesthetic Surgeries,Orthopedic Surgery, and Others), by End-user (Clinics, Ambulatory SurgicalCenters, Cosmetic Surgery Centers, and Hospitals), and by Region (NorthAmerica, Latin, America, Europe, Asia Pacific, Middle East, and Africa), wasvalued at US$ 174.7 Mn in 2019, and is expected to exhibit a CAGR of 5.9% overthe forecast period (2020–2027), as highlighted in a new report published by.
Implementation of stringentregulatory laws regarding the adoption of smoke evacuation systems inhospitals, is expected to drive growth of the smoke evacuation system marketgrowth. For instance, in June 2018, Rhode Island, a state in the U.S. was thefirst state to address the issue of surgical smoke with a law passed byDemocratic Governor Jared Polis in March 2018, for requiring smoke evacuationsystem in hospitals and ambulatory surgical facilities to use smoke evacuationsystems for surgical procedures that generate plume. Moreover, in March 2019,Colorado became the second U.S. state to pass the law of requirement ofinstallation of surgical smoke evacuation systems at hospitals and ambulatorysurgical centers. These factors are expected to drive the global smokeevacuation system market growth in North America. Major manufacturers such asBuffalo Filter LLC. have a broad product portfolio of smoke evacuators such asPlume safe Turbo (220V), Porta plume safe 604, ViroVac 220V, VisiClear 220V,and Buffalo filter VisiClear with 2 Plume Port Activ.
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Moreover, market players arefocused on product development and launches in order to expand their marketpresence. For instance, in October 2014, Buffalo Filter LLC launched PlumePenElite, a surgical plume evacuation pencil, which is designed to offer surgeonsthe comfort and advance features for removing smoke during surgical procedures.
Browse 37 Market Data Tables and27 Figures spread through 165 Pages and in-depth TOC on Global Smoke EvacuationSystem Market, by Product Type (Smoke Evacuation Tubings, Smoke Evacuators –Portable and Stationary, Smoke Evacuation Wands & Pencils, Smoke EvacuationFiltration Devices and Smoke Evacuation Pencils and Wands), by Application(Laparoscopic Surgery, Open Surgery, Aesthetic Surgeries, Orthopedic Surgery,and Others), by End-user (Clinics, Ambulatory Surgical Centers, CosmeticSurgery Centers, and Hospitals), and by Region (North America, Latin, America,Europe, Asia Pacific, Middle East, and Africa)
Key players in the market areinvolved in adopting inorganic strategies such as acquisitions for expandingtheir portfolio of smoke evacuation systems. For instance, in June 2018,Stryker Corporation acquired SafeAir AG, a Switzerland-based medical devicecompany that develops and manufactures innovative surgical smoke evacuationsolutions. This acquisition is beneficial for Stryker's surgical instrumentsdivision, and has also allowed Stryker to strengthen its smoke evacuationportfolio in Europe.
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Key Takeaways of the Global SmokeEvacuation System Market:
The global smoke evacuationsystem market is expected to exhibit a CAGR of 5.9% during the forecast period(2020–2027), owing to frequent product launches and approvals, and robustpipeline of smoke evacuation system.
Among region, North America isexpected to hold dominant position in global smoke evacuation system market,owing to high rate of adoption of these systems by hospitals and increase inaffordability of such systems.
For instance, Rhode Island is thefirst U.S. state and Colorado is second state in the U.S. to pass legislationslaid by Democratic Governor Jared Polis in March 2018, for requirement ofsurgical smoke evacuation systems at hospitals and ambulatory surgical centers.
Asia Pacific is expected towitness significant growth over the forecast period owing to increasingincidence of cardiovascular diseases, laser surgeries, and other surgicalprocedures which require smoke evacuation systems, in India, China, and Japan.For instance in 2011 according of National Centre of Biotechnology Information,approximately 66% of Asia Pacific population suffered from CVD diseases.
Major players operating in theglobal smoke evacuation system market include Medtronic Plc., BOWA-electronicGmbH & Co. KG, CooperSurgical, Inc., Symmetry Surgical, I.C. Medical, Inc.,CONMED Corporation, CLS Surgimedics, Stryker Corporation, SurgiformTechnologies LLC, Zimmer Biomet, Steris Corporation, and Applied MedicalTechnology, Inc.
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