PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1320175
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1320175
Smoke evacuation system market size was valued at USD 150.7 Million in 2022, expanding at a CAGR of 11.1% from 2023 to 2030.
Smoke evacuation systems are defined as medical devices that are utilized to get rid of noxious odors, aerosol, and smoke during an electrosurgical procedure. Additionally, the smoke plumes that would have been inhaled by the medical staff and would have otherwise gotten dispersed in the air are sucked in by a smoke evacuation system. Moreover, increasing adoption and demand of smoke evacuation systems by the various end users, rising demand for minimally invasive surgeries, and technological advancements in the healthcare sector are such factors anticipated to the growth of the smoke evacuation system market.
In healthcare facilities, the rising awareness about the detrimental effects of surgical smoke is increasingly investing to protect the health of their staff and patients, in smoke evacuation systems. This trend will witness to drive the requirement for smoke evacuation systems in the coming years. Additionally, the importance of compliance with guidelines and regulations mandating smoke evacuation systems is making healthcare providers more aware. This offers an opportunity for smoke evacuation system manufacturers to provide innovative products and educate their customers on the importance of compliance. Moreover, the demand for smoke evacuation systems, particularly in emerging markets is increasing due to the rise in surgical procedures. Smoke evacuation systems are becoming crucial, as the demand for minimally invasive surgical procedures grows. However, the lack of adoption due to the huge cost of smoke evacuation systems may restrain the market growth over the forecast period. Furthermore, advancements in technology in smoke evacuation systems are projected to drive the demand for these devices, especially as healthcare facilities seek better cost-effective, and more efficient solutions. Technological advancements also permit the manufacturers of smoke evacuation systems to collaborate with other healthcare technology companies to make integrated solutions that assist broader healthcare issues, such as infection prevention and control.
The global smoke evacuation system market is segmented on the basis of product type, application, end use, and region.
The market is divided into five categories based on product type: smoke evacuation filters, smoke evacuation pencils, smoke evacuators, smoke evacuation accessories, and smoke evacuation tubing. The smoke evacuation filters segment is likely to possess the market share. The surge in the use of these systems in laparoscopy, dental surgeries, electrosurgery, and cosmetic surgeries is attributed to an increase in segment growth. Moreover, these filters assist in minimizing the exposure to mutagenic viral, chemicals, bacterial hazards, carcinogenic, and gases within surgical plumes in clinics, medical homes, and hospitals.
The market is divided into three categories based on application: medical aesthetic surgeries, orthopedic surgeries, laparoscopic surgeries, and others. The laparoscopic surgery segment is likely to hold the largest market revenue. The rising number of laparoscopic surgeries performed over conventional open surgery in the operating theater owing to its minimally invasive causing lesser pain and scarring. Moreover, the medical aesthetic surgeries segment is anticipated to witness the fastest growth. The rising awareness about aesthetic procedures and the increasing number of women undergoing cosmetic surgeries are witnessing market growth.
The market is divided into four categories based on end use: hospitals, ambulatory surgery centers, cosmetic surgery centers, and dental clinics. The hospital segment is likely to maintain its dominance in the market during the forecast period. The high counts of surgeries are being performed, including orthopedic and heart surgeries which in turn, propel the segment growth. Moreover, many workers are exposed to electrosurgical or laser smoke every year as a result, to prevent this, smoke evacuation devices are deployed by many hospitals.
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
The rising adoption of investments in healthcare infrastructure and minor invasive surgeries is expected to grow substantially in emerging economies. The risk of postoperative complications is reduced with an increasing focus on patient safety, smoke evacuation systems are utilized by healthcare providers that can effectively remove hazardous smoke generated during surgical procedures. Moreover, market players can help improve their market position through partnerships and collaborations, expand their geographical reach, and enhance their product portfolio, creating new growth opportunities. Furthermore, the demand for smoke evacuation systems is driving due to government initiatives to address the concern of surgical smoke, particularly in regions where regulations mandating the use of these devices are still being implemented in the early stages.
For instance, in February 2023, Olympus announced it has been received a contract for its smoke evacuation products from Vizient Inc… Additionally, as per the nationwide agreement Vizient members preferred pricing for Olympus smoke portfolio products, which include Accessories and Tubing, the OR-VAC™ Surgical Smoke Evacuator, the Ultravision™ Generator and Accessories, the UHI-4 Insufflator, and the Telescopic Smoke Pencil.