Global Smoke Evacuation Systems Market Share Will Reach Over USD 286.6 Million By 2028
The global smoke evacuation systems market size is expected to reach USD 286.6 million by 2028 according to a new study by Polaris Market Research.
Smoke evacuation systems are mandatory in laparoscopic procedures, as stated by the National Institute for Occupational Safety and Health Administration. However, with the ongoing COVID-19 pandemic, concerns being raised over Aerosol-generating Procedures (AGPs).
It is being researched that the SARS-CoV-2 virus can sustain in aerosols for up to 3 hours. Thus, effective measures have been taken for the evacuation of aerosols during AGPs to reduce transmission risk. This has increased the demand for evacuation systems, thereby fueling the market growth.
Asia Pacific is projected to witness the highest growth rate over the assessment period. This is primarily due to the increased efforts of key market players in commercializing their products at low cost and customized according to the need of the facility, rising purchasing power capacity of hospitals in the region, particularly in South Asian countries, and bulk purchasing from government-sponsored hospitals. Players operating in the region collaborate with local entities to sell their products in the huge untapped market.
In 2020, the hospital market segment accounted for the largest share. This is attributed to a high number of surgeries being performed in the hospital facilities. Most common surgeries include orthopedic and cosmetic surgeries.
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According to the market statistics published by the Occupational Health and Safety Administration, around, 500,000 healthcare workers are exposed to surgical smoke, every year. However, the cosmetic surgery segment is projected to witness a lucrative growth rate over the study period. This is due to the rising number of cosmetic surgeries, which results in smoke during operations.
Top Market Players
Companies operating in the market space include Medtronic, Erbe Elektromedizin GmbH, Zimmer Biomet, Stryker, CONMED Corporation, KLS Martin Group, Ethicon Inc., Symmetry Surgical Inc., Pall Corporation, and Olympus Corporation.
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Polaris Market Research has segmented the smoke evacuation systems market report on the basis of product, application, end-use, and region:
Smoke Evacuation Systems, Product Outlook (Revenue – USD Million, 2016 – 2028)
- Smoke Evacuating Systems
- Stationary Systems
- Portable Systems
- Smoke Evacuation Filters
- Ultra-Low Penetration Air (ULPA) Filters
- Charcoal Filters
- In-Line Filters
- Smoke Evacuation Pencils & Wands
- Smoke-Evac Fusion Products (Shrouds)
- Smoke Evacuation Tubings
Smoke Evacuation Systems, Application Outlook (Revenue – USD Million, 2016 – 2028)
- Laparoscopic Surgeries
- Medical Aesthetic Surgeries
Smoke Evacuation Systems, End Use Outlook (Revenue – USD Million, 2016 – 2028)
- Ambulatory Surgical Centers
- Cosmetic Surgery Centers
- Dental Clinics
- Veterinary Healthcare Providers
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