The Market is Expected to Reach USD 180 Million by 2020, at CAGR of 5.6% From 2015 to 2020

08 Dec, 2015, 16:10 ET from Research and Markets

DUBLIN, Dec. 08, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/grzklt/smoke_evacuation) has announced the addition of the "Smoke Evacuation System Market  - Global Forecast to 2020" report to their offering.

This report studies the smoke evacuation system market over the forecast period of 2015 to 2020. The market is expected to reach USD 180 Million by 2020, at CAGR of 5.6% from 2015 to 2020.

A number of factors such as a rising demand for minimally invasive surgeries, increasing aging and obese population, and increasing number of hospitals and surgical centers are propelling the growth of the global market. However, unfavorable healthcare reforms in the U.S., increasing preference for non-invasive treatment procedures, and global decrease in the number of cosmetic surgeries are some major factors restraining the growth of this market. In addition to this, challenges associated with this market such as growing price pressure on market players, and safety issues with smoke evacuators are also hampering the growth of this market.

On the basis of geography, this market is classified into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. In 2015, the global market is estimated to be dominated by North America. A number of factors such as the increasing number of surgical procedures, technological advancements, rising demand for minimally invasive surgeries, and favorable reimbursement scenario are driving the growth of the smoke evacuation system market in the North American region.

The Asia-Pacific market is expected to grow at the highest CAGR from 2015 to 2020. This is primarily due to the growing popularity of cosmetic surgery, presence of a large patient population, government efforts to increase population access to elective surgery, and growing number of hospitals.

Reasons to Buy the Report:

From an insight perspective, this research report has focused on various levels of analysis market share analysis of top players, and company profiles, which together comprise and discuss basic views on the competitive landscape, emerging and high-growth segments of the smoke evacuation system market, high-growth regions and their respective drivers, restraints, challenges, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the five strategies mentioned (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Smoke Evacuation System Market, By Product

7 Smoke Evacuation System Market, By Application

8 Smoke Evacuation System Market, By End User

9 Smoke Evacuation System Market, By Region

10 Competitive Landscape

11 Company Profiles

  • Bovie Medical Corporation
  • Buffalo Filter Llc (A Part Of Filtration Group Corporation Life Sciences Group)
  • Cls Surgimedics
  • Conmed Corporation
  • Coopersurgical Inc. (A Subsidiary Of The Cooper Companies, Inc.)
  • Covidien (A Subsidiary Of Medtronic Plc)
  • Erbe Elektromedizin Gmbh
  • I. C. Medical, Inc.
  • Megadyne Medical Products Inc.
  • Utah Medical Products, Inc.

For more information visit http://www.researchandmarkets.com/research/grzklt/smoke_evacuation

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets



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