Smoke Evacuation System Market to be Worth $337.5 Million by 2030: Grand View Research, Inc.

SAN FRANCISCO, July 20, 2023 /PRNewswire/ -- The global smoke evacuation system market size is expected to reach USD 337.5 million by 2030, registering a CAGR of 7.44% from 2023 to 2030, according to a new report by Grand View Research, Inc. Factors contributing to the growth of this market include an increase in medical tourism for cosmetic surgeries and rising number of electrosurgery procedures. Furthermore, increasing focus on infection control as surgical smoke plumes might contain pathogens is boosting the market growth. Currently, elective and endoscopic procedures are delayed due to the outbreak of COVID-19 to reduce the risk of transmission to other patients with chronic conditions.

Key Industry Insights & Findings from the report:

• The smoke evacuating systems products segment held the highest revenue share in 2022 and is projected to witness the maximum growth during the forecast period. Technological advancements by key players are expected to drive market growth.
• North America held the dominant share in 2022due to the high number of aesthetic procedures in the region.
• In September 2020, Olympus collaborated with Alesi Surgical Ltd. for the distribution of the Ultravision surgical smoke control system in the U.S., hence expanding its geographical presence.
• The hospitals end-use segment accounted for a major portion of the market owing to the high usage of smoke evacuation systems in hospitals and high surgery volume.
• Asia Pacific is anticipated to witness lucrative growth owing to the high R&D investments and innovations by global players for commercializing their products at lower prices.

Read 133-page market research report, "Smoke Evacuation System Market Size, Share & Trends Analysis Report By Product (Smoke Evacuating System, Smoke Evacuation Filters), By End-use (ASCs, Hospitals), By Application, By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Smoke Evacuation System Market Growth & Trends

According to EAES and SAGES, it is recommended to use electrosurgery pencils with attached smoke evacuators instead of monopolar electrosurgical & advanced bipolar devices and ultrasonic dissectors. Moreover, smoke evacuation systems or filtration units are recommended during laparoscopic procedures. The market is thus anticipated to experience gradual growth post-pandemic. The rising adoption of minimally invasive surgeries owing to their benefits, such as shorter hospital stays, quick healing, and fewer surgical incisions, is also expected to boost the market growth during the forecast period, as smoke evacuation systems are used in the majority of minimally invasive surgeries.

This is further supported by increasing technological advancements by market players, the prevalence of chronic diseases that require surgical procedures, and the demand for better surgical equipment. Major market players are focused on launching technologically upgraded products in the market to enhance their presence. For instance, in January 2020, Symmetry Surgical Inc. acquired the O.R. Company that manufactures, develops & markets, innovative & high-quality surgical devices. In addition, the rising trend of medical tourism for cosmetic procedures and the increasing number of laser cosmetic surgeries are anticipated to drive market growth.

Smoke Evacuation System Market Report Scope

Smoke Evacuation System Market Segmentation

Grand View Research has segmented the global smoke evacuation system market on the basis of product, application, end-use, and region

Smoke Evacuation Systems Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

• Smoke Evacuating Systems
• Stationary Systems
• Portable Systems
• Smoke Evacuation Filters
• Ultra-Low Penetration Air (ULPA) Filters
• Charcoal Filters
• In-Line Filters
• Pre-Filters

• SMOKE EVACUATION PENCILS & WANDS
• SMOKE-EVAC FUSION PRODUCTS (SHROUDS)
• SMOKE EVACUATION TUBINGS
• ACCESSORIES

Smoke Evacuation Systems Market - Application Outlook (Revenue, USD Million, 2018 - 2030)

• Laparoscopic Surgeries
• Orthopedic
• Medical Aesthetic Surgeries
• Others

Smoke Evacuation Systems Market - End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Cosmetic Surgery Centers
• Dental Clinics
• Veterinary Healthcare Providers

Smoke Evacuation Systems Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Sweden
• Denmark
• Norway
• Asia Pacific
• Japan
• China
• India
• South Korea
• Australia
• Thailand
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait

List of Key Players of Smoke Evacuation System Market

• Medtronic
• Stryker
• CONMED Corporation
• Medical Devices Business Services, Inc.
• Zimmer Biomet
• Olympus Corporation
• Erbe Elektromedizin GmbH
• Steris
• Symmetry Surgical Inc.
• KLS Martin Group

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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