Smoke Evacuation System Market Size, Share, Demand, Trends, Value 2030

Smoke Evacuation System Industry Prospective:

The global smoke evacuation system market size was evaluated at $19.1 billion in 2022 and is slated to hit $31.1 billion by the end of 2030 with a CAGR of nearly 7% between 2023 and 2030.

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Smoke Evacuation System Market: Overview

The smoke evacuation system is designed specifically for stopping smoke during open surgical procedures. Surgical smoke is created by lasers, electrosurgical pencils, and various surgical tools. Precisely, it is a high-flow suction & filtering equipment used for capturing and removing smoke generated at surgical locations. Since these devices remove blood and tissues, they can create a smoke-entitled gaseous material.

Key Insights

• As per the analysis shared by our research analyst, the global smoke evacuation system market is projected to expand annually at the annual growth rate of around 7% over the forecast timespan (2023-2030)
• In terms of revenue, the global smoke evacuation system market size was evaluated at nearly $19.1 billion in 2022 and is expected to reach $31.1 billion by 2030.
• The global smoke evacuation system market is anticipated to grow rapidly over the forecast timeline owing to a rise in the number of electro-surgery methods and the thriving medical tourism sector across the globe.
• In terms of product type, the smoke evacuating systems segment is slated to register the highest CAGR over the analysis period.
• Based on end-user, the hospitals segment is expected to dominate the segmental growth over the assessment timeline.
• Region-wise, the Asia-Pacific smoke evacuation system industry is projected to register the fastest CAGR during the assessment timeline.

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Smoke Evacuation System Market: Growth Factors

Surge in the product innovations can boost the global market trends over forecasting years

Rise in the number of electro-surgery methods and the thriving medical tourism sector across the globe will prompt the expansion of the global smoke evacuation system market. Product innovations and surging demand for minimally invasive surgeries have promoted the demand for smoke evacuation systems globally. Large-scale acceptance of guidelines for smoke evacuation systems will prop up the expansion of the global market. Moreover, healthcare service providers are making use of evacuation equipment for removing smoke plumes from operating rooms and surgical theaters and this will proliferate the global market size. Additionally, smoke evacuation tools can be utilized with electrosurgical generators for producing a notable amount of smoke plume, thereby steering the expansion of the global market. New product launches are likely to favorably influence the expansion of the global market in the years to come. For instance, in January 2023, Siemens AG, a key player in the automation industry, launched two novel aspirating smoke detectors referred to as FDA261 and FDA262 which can cater to challenges faced during fire safety deployments extended over large areas including data centers, manufacturing units, and e-commerce stores.

Smoke Evacuation System Market: Restraints

Low access to smoke evacuation tools can impede global industry expansion by 2030

Less availability of smoke evacuation systems and technical hitches occurring in these products can produce hiccups in the growth path of the global smoke evacuation system industry.

Smoke Evacuation System Market: Opportunities

Increase in cosmetic surgeries to enhance the visual appeal & personality of individual will drive the global market surge

Rise in the cosmetic procedures such as facial & body contouring along with the need for aesthetic treatment will prop up the expansion of the global smoke evacuation system market.

Smoke Evacuation System Market: Challenges

Stringent government legislation pertaining to product sales can put brakes on the global industry surge

Strict government laws related to the use of product in the healthcare sector can prove to be a huge challenge for the global smoke evacuation system industry.

Smoke Evacuation System Market: Segmentation

The global smoke evacuation system market is sectored into product type, application, end-user, and region.        

In product type terms, the global smoke evacuation system market is segregated into smoke evacuation fusion products, smoke evacuation tubes, smoke evacuation wands & pencials, smoke evacuation filters, smoke evacuating systems, and accessories segments. Furthermore, the smoke evacuating systems segment, which acquired about four-fifths of the global market earnings in 2022, is anticipated to record the fastest rate of growth in the upcoming years. The expansion of the segment in the assessment timeline can be due to their ability in capturing and filtering plumes produced during laser methods, thereby guaranteeing safety in surgeries.

Based on the end-user, the global smoke evacuation system industry is sectored into research & academic institutes, hospitals, diagnostic centers, and others segments. In addition to this, the hospitals segment, which acquired the largest chunk of the global industry share in 2022, is predicted to dominate the global industry revenue in the next eight years. The segmental elevation over the forecasting period can be ascribed to a rise in the use of smoke evacuation systems in hospitals.

Based on the application, the smoke evacuation system market across the globe can be divided into cancer, cardiovascular disease, inflammatory diseases, and other diseases segments.

Smoke Evacuation System Market: Report Scope

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Smoke Evacuation System Market: Regional Insights

North America is expected to retain its regional market domination over 2023-2030

North America, which accounted for nearly 47% of the global smoke evacuation system market revenue share in 2022, is set to dominate the regional market surge in the forthcoming years. Additionally, the expansion of the market in the sub-continent can be credited to a surge in the occurrence of chronic diseases in countries such as the U.S. In addition to this, an increase in open surgical procedures & orthopedic surgeries in countries such as Canada and the U.S. will steer the regional market surge.

Asia-Pacific smoke evacuation system industry is set to register the fastest CAGR in the years ahead subject to a rise in the presence of giant players in countries such as India and China. Flourishing medical tourism sector and availability of strong . in the region will embellish the growth of the industry in the region. Demand for enhancing healthcare quality will spearhead the growth of the industry in the APAC region.

Smoke Evacuation System Market: Competitive Space

The global smoke evacuation system market profiles key players such as:

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

The global smoke evacuation system market is segmented as follows:

By Product Type

• Smoke Evacuation Fusion Products
•  Smoke Evacuation Tubes
• Smoke Evacuation Wands & Pencials
• Smoke Evacuation Filters
•  Smoke Evacuating Systems
• Accessories

By Application

• Cancer
• Cardiovascular Disease
•  Inflammatory Diseases
• Other Diseases

By End-User

• Hospitals
• Diagnostic Centers
• Research & Academic Institutes
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa