December 15, 2022 06:23 ET | Source: STRATEGIC MARKET RESEARCH LLP STRATEGIC MARKET RESEARCH LLP
New York, USA, Dec. 15, 2022 (GLOBE NEWSWIRE) -- The worldwide smoke evacuation system market in 2021 was USD 128 million (135 million in 2022) and will reach USD 195 million by 2030, growing at a 5.7% CAGR. The Smoke Evacuation System is a high-flow vacuum source that collects the gases and aerosols produced at the surgical site when lasers and electrosurgical devices are utilized. The risks of surgical smoke in the surgery room for nurses, surgeons, and patients are eliminated via smoke evacuation systems. Ob/Gyn Equipment
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The Smoke Evacuation System Market Insights:
Factors influencing the Smoke Evacuation System Market growth:
Factors like the increasing number of electrosurgical procedures and widespread utilization of these systems by healthcare providers are expanding the market's growth rate.
Smoke Evacuation System Market Segmentation Analysis
The market segmentation of smoke evacuation system is done on the basis of product, application, end-user, and Region.
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In 2020, the smoke evacuating system segment maintained the biggest market position with 39% of revenue share on the basis of product. Furthermore, the market is divided into stationary systems and portable systems.
The laparoscopic surgeries segment contributed to the largest market share of 37% in 2020 on the basis of application. The benefits of laparoscopic treatments over open surgery and the necessity to enhance the operating room's working environment are responsible for the largest share of this market segment.
By end users, the hospital segment held the largest market, with 42.9% of the total share in 2020. The largest market share is due to the increased number of orthopedic and cosmetic surgical.
North America ruled the entire regional market with 40.0% of the revenue share in 2020. It is due to the Region's increasing adoption of and access to relevant standards and protocols as well as the growth in the target illness population, inpatient procedures performed there, and cases of chronic diseases.
Key players in the Smoke Evacuation System Market:
Smoke Evacuation Systems Market Report Coverage
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