August 30th, 2022 Coherent Market Insights Releases

Global Smoke Evacuation System Market, by Product Type Smoke Evacuation Tubings, Smoke Evacuation Filtration Devices, Portable and Stationary Evacuators, Smoke Evacuation Pencils and Wands, and by Application Aesthetic Surgeries, Orthopedic Surgery, Laparoscopic Surgery, and Open Surgery, by End-user Clinics, Cosmetic Surgery Centers, Ambulatory Surgical Centers, and Hospitals, and by Region Africa, North America, Latin America, Asia Pacific, Middle East, and Europe, was valued at US$ 174.7 Mn in 2019, and is expected to demonstrate a CAGR of 5.9% over the forecast period from 2020–2027.

According to predictions, the market for smoke evacuation systems will rise as a result of the introduction of strict regulatory standards governing their use in hospitals. Rhode Island, a state in the United States, would be the one to address the problems of surgical smoke thanks to a legislation enacted by Democratic Governor Jared Polis in March 2018 mandating smoke evacuation systems in clinics and outpatient surgical facilities to use smoke escape systems for medical procedures that produce plume. June 2018 saw its passage into law.

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Additionally, in March 2019, Colorado passed legislation mandating the installation of surgical smoke evacuation systems in hospitals and ambulatory surgery centres, making it the second state in the US to do so. The market for smoke evacuation systems in North America is anticipated to develop internationally as a result of these factors. A number of smoke evacuators, such the VisiClear with 2 Plume Port Activ, ViroVac, and Plume safe Turbo, are available from reputable suppliers like Buffalo Filter LLC (220V). To increase their market presence, industry businesses are also concentrating on product development and releases. For instance, in order to provide comfort and cutting-edge functionality to doctors during surgical operations, Buffalo Filter LLC developed PlumePen Elite, a surgical plume evacuation pencil, in October 2014.

To increase their selection of smoke evacuation systems, major industry participants are utilising inorganic techniques including acquisitions. For instance, in June 2018, SafeAir AG, a medical equipment firm with headquarters in Switzerland that creates and produces cutting-edge surgical smoke evacuation solutions, was bought by Stryker Corporation. With this purchase, Stryker’s surgical tools segment gains, and its smoke evacuation portfolio in Europe is strengthened.

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A strong pipeline of smoke evacuation systems and regular product releases and approvals are likely to help the worldwide market for smoke evacuation systems grow at a CAGR of 5.9% from 2020 to 2027.

Due to the high rate of adoption of these systems by hospitals and the growing affordability of such systems, North America is anticipated to have a dominating position in the worldwide smoke evacuation system market.

For instance, Democratic Governor Jared Polis’ legislation requiring surgical smoke evacuation systems at hospitals and ambulatory surgery centres was approved by Rhode Island as the first U.S. state and Colorado as the second state in the U.S. in March 2018.

Due to the rising prevalence of cardiovascular disorders, laser operations, and other surgical procedures that necessitate smoke evacuation systems in India, China, and Japan, the Asia Pacific is anticipated to have considerable growth over the course of the projected period. For instance, the National Centre of Biotechnology Information estimates that 66% of people in Asia and the Pacific were affected by CVD disorders in 2011.

Applied Medical Technology, Inc., Medtronic Plc., Zimmer Biomet, Steris Corporation, BOWA-electronic GmbH & Co. Surgiform Technologies LLC, KG, Stryker Corporation, CooperSurgical, Inc., CLS Surgimedics, Symmetry Surgical, CONMED Corporation, and I.C. Medical, Inc. are major players in the global smoke evacuation system market.

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View Press Release: https://www.coherentmarketinsights.com/press-release/smoke-evacuation-system-market-to-surpass-us-2764-mn-by-2027-2490

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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