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Smoke Evacuation Systems Market | Key players in the global Smoke Evacuation System Markets are CONMED Corporation, Medtronic Plc , Olympus , Ethicon , Erbe Elektromedizin GmbH, KLS Martin , Stryker Corporation , I.C Medical and Symmetry Surgical Inc.

05-29-2019 05:51 PM CET | Health & Medicine

Press release from: MarketsandMarkets.com

Smoke Evacuation Systems Market | Key players in the global Smoke

According to the new market research report "Smoke Evacuation Systems Market by Product (Smoke Evacuator (Portable & Stationary), Filter, Pencil, Accessories), Application (General Surgery, Laparoscopic, Orthopedic, Aesthetic), End-User (Hospitals, ASC, Surgical Centers) - Global Forecast to 2024", published by MarketsandMarkets™, the global Smoke Evacuation System Market is projected to reach USD 223 million by 2024 from USD 162 million in 2019 at a CAGR of 6.6%.

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The market for smoke evacuation systems is primarily driven by the rising patient preference for minimally invasive surgeries, increasing product availability, growing target patient population, and the availability of relevant OR protocols and guidelines for their use.

The smoke evacuation pencils & wands segment accounted for the largest share of the Smoke Evacuation System Market, by product type, in 2018

On the basis of product type, the Smoke Evacuation System Market is segmented into smoke evacuation pencils & wands, smoke evacuation filters, smoke evacuating systems, smoke-evac fusion products (shrouds), accessories, and smoke evacuation tubings. The smoke evacuation pencils & wands segment accounted for the largest share of the Smoke Evacuation System Market in 2018. The large share of the segment can be attributed to its growing adoption among healthcare facilities and its significant usage due to its advantage of creating safer and healthier environments for surgeons, nurses, technologists, and the surgical teams.

Browse in-depth TOC on "Smoke Evacuation Systems Market"

74 – Tables

34 – Figures

138 – Pages

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The laparoscopic surgeries application segment is expected to register the highest growth rate in the Smoke Evacuation Systems Market during the forecast period.

On the basis of application, the Smoke Evacuation System Market is segmented into medical aesthetic surgeries, open general surgeries, orthopedic surgeries, and laparoscopic surgeries. The laparoscopic surgeries application segment is expected to register the highest growth rate due to the advantages of laparoscopic procedures over conventional open surgery and the need to improve the working environment in the operating room.

North America dominated the global Smoke Evacuation Systems Market in 2018

The large share of the North American market can mainly be attributed to the increasing number of surgical procedures, technological advancements, rising demand for minimally invasive surgeries, favorable reimbursement scenario, and rising government concerns regarding the health hazards of surgical plumes.

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CONMED Corporation (US), Medtronic Plc (Ireland), Olympus (Japan), Ethicon (US), Erbe Elektromedizin GmbH (Germany), KLS Martin (Germany), Stryker Corporation (US), I.C Medical (US), Symmetry Surgical Inc. (US), Utah Medical Products Inc (US), Zimmer Biomet (US), Pall Corporation (US), Ecolab (US), and Deroyal (US) are some major players in the global Smoke Evacuation System Market.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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