LONDON--(BUSINESS WIRE)--May 27, 2019--

According to the latest market research report by Technavio, the global surgical smoke evacuation systems market is expected to post a CAGR of almost 7% during the period 2019-2023.

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Technavio has published a new market research report on the global surgical smoke evacuation systems market from 2019-2023. (Graphic: Business Wire)

A key factor driving the global surgical smoke evacuation systems market growth is the increasing number of chronic conditions and surgical procedures. Governments across the developed and advancing economies are increasing their focus on introducing healthcare plans to identify chronic health conditions at initial stages to reduce mortality. Also, there has been a significant increase in the use of electrosurgical procedures, including cardiac, dermatological, urological, and other surgeries, often leading to surgical smoke and plume. As the outcomes of these procedures result in a contagious environment for the perioperative teams, the need for surgical smoke evacuation systems has increased during the forecast period. Furthermore, several market players are focusing on developing surgical smoke evacuation systems integrated with robotic-assisted systems. This is due to the increased adoption of MIS systems across different end-user segments, including hospitals, clinics, and ASCs. Therefore, the rising deployment of modern robotic-assisted surgical procedures for treating chronic health conditions will boost the demand for surgical smoke evacuation systems during the forecast period.

As per Technavio’s surgical smoke evacuation systems market analysis, the increasing focus on developing smart and integrated devices will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global surgical smoke evacuation systems market 2019-2023 research report also analyzes other significant trends and market drivers that will affect market growth over 2019-2023.

Global surgical smoke evacuation systems market: Increasing focus on developing smart and integrated devices

Several market participants have started to focus on developing advanced surgical smoke evacuation systems with enhanced functionality and sophisticated features. Many small and mid-sized companies in the market are improving the ergonomic features of existing systems with smart sensors to compete with Tier I companies. These advanced systems not only improve surgical safety but also enhance the efficacy in operating rooms. Furthermore, various surgical smoke evacuation system manufacturers are launching intelligent surgical smoke evacuation systems with smart sensors and designed lap modes for removing smoke efficiently while maintaining the pneumoperitoneal pressure. This will foster the surgical smoke evacuation systems market growth during the forecast period.

“Increased awareness about the hazards of surgical smoke on the perioperative staff and patients has led to the enforcement of laws that mandate the adoption of surgical smoke evacuation systems. Vendors in the market are deploying innovative technological advancements to develop better products that lead to better surgical outcomes. This will help to boost the growth of the surgical smoke evacuation systems market over the forecast period,” says a senior analyst at Technavio.

Global surgical smoke evacuation systems market: Segmentation analysis

This market research report segments the global surgical smoke evacuation systems market by product (surgical smoke evacuators, and surgical smoke evacuation accessories) and by geographical regions (North America, Europe, Asia, and ROW).

North America led the market in 2018, followed by Europe, Asia, and ROW, respectively. Several factors including the increasing number of MIS cases, a growing number of product launches, and rising awareness about the risks of surgical smoke, are resulting in the dominance of this market in the region.

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Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE HEALTH MEDICAL DEVICES

SOURCE: Technavio Research

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PUB: 05/27/2019 09:05 AM/DISC: 05/27/2019 09:05 AM

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