Several reports predict continued growth of the smoke evacuation system market.
Grand View Research states that “the global smoke evacuation system market size was valued at $184.2 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.44% from 2023 to 2030.”
An increasing number of electrosurgery procedures, medical tourism for cosmetic surgeries and new product launches are anticipated to drive market growth, according to the report.
According to a study published in the journal JAMA Network Open, around 13 million surgeries were identified in the U.S. from January 2019 to 2021. Thus, the rising number of surgical procedures is anticipated to drive the market growth. Smoke evacuation and filtering systems are not mandatory during laparoscopic surgeries, according to the National Institute for Occupational Safety and Health Administration. However, recent legislation and grassroots campaigns are making smoke evacauation mandatory.
Grand View Research reports that “based on product, the market is segmented into smoke evacuating systems, smoke evacuation pencils and wands, smoke evacuation filters, smoke evacuation tubings, smoke-evac fusion products (shrouds) and accessories. The smoke evacuating systems segment dominated the market and accounted for a share of 39.6% in 2022. The smoke evacuation system detects smoke and activates fans for channeling the smoke away from occupied areas in the facility. This drives segment growth.”
Strategic Market Research reports that the market size of the smoke evacuation systems market was $183 million in 2022 is anticipated to reach $192 million in 2023.
It is anticipated to grow to $272 million by 2030, with an anticipated CAGR of 5.1% from 2023 to 2030, according to the report.
Strategic Market Research adds that laparoscopic surgeries hold the largest market share in the smoke evacuation systems market because of its increasing adoption and the high amount of smoke generated during the procedures. The market is dominated by North America, followed by Europe and Asia-Pacific, due to well-established health care infrastructure, increased awareness about the ill effects of surgical smoke, and the high adoption of smoke evacuation systems.
Transparency Market Research Inc. states that the smoke evacuation systems market is anticipated to register a 6.6% CAGR from 2022 to 2031, and by 2031, the market is likely to gain $298.8 million.
“While traditionally used in surgery, smoke evacuation systems are finding their way into dental and veterinary procedures. These applications can protect dentists, dental assistants, and veterinary staff from harmful aerosols and smoke generated during various treatments. The rise of outpatient surgical procedures and ambulatory care centers presents a significant opportunity. These facilities can invest in efficient smoke evacuation systems to maintain a safe and clean environment for both patients and healthcare workers,” Transparency Market Research Inc. states.
The report also states that as healthcare infrastructure grows in developing countries, the demand for smoke evacuation systems is on the rise. These markets offer untapped potential for manufacturers willing to expand their presence.
