(MENAFN- America News Hour) Surgical Smoke Evacuation Systems Market report which delivers detailed overview of the Surgical Smoke Evacuation Systems market in terms of market segmentation by product type, by application, by modality, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model.
Surgical Smoke Evacuation Systems Market Statistics –
The Surgical Smoke Evacuation Systems are used in surgical procedure in
the
operating rooms
to avoid
the exposure of surgeons, staff and patients to the harmful by-products and gases produced
as a result of
the surgeries.
The market for Surgical Smoke Evacuation Systems is anticipated to record
a CAGR of around 7% during
the forecast period 2020-2028.
The market is segmented by product type, by application, by modality, by end user and by region. The product type segment is further segmented into smoke evacuation filters, smoke evacuators, smoke evacuation pencil & wands, smoke evacuation fusion products, smoke evacuation tubings and accessories. On the basis of product type, the
segment for pencil & wands is holding the highest share
in the forecast period on account of increasing demand among healthcare facilities.
Based on the regional analysis, the market for surgical smoke evacuation systems is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market for surgical smoke evacuation systems in North America is predicted to hold the leading share in the market on account of rising cardiac and
orthopaedic problems
along with growing number of
cancer
cases in the region.
According to recent study by Research Nester, the Surgical Smoke Evacuation Systems Market size is anticipated to surpass USD 250 million by 2035 and is projected to expand at CAGR of over 7% from 2023 to 2035.
Major players include in the global Surgical Smoke Evacuation Systems Market:
conmed corporation
Company Overview Business Strategy Key product Offerings Financial Performance Key Performance Indicators Risk Analysis Recent Development Regional Presence SWOT Analysis
olympus johnson & johnson stryker corporation ecolab utah medical products coopersurgical incorporation bovie medical corporation medtronic symmetry surgical incorporation .
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Growing Cases of Chronic Diseases along
with
Surgical Procedures
are Expected to Boost the Market Growth
The growing demand for chronic diseases
and surgical procedures has led to
the emerging new healthcare models. In most of the economies,
the focus
is increased to introduce advanced healthcare plans to identify these problems at their early stage. An increase in the medical tourism and improvement in the
healthcare is driving
the growth of this market. Moreover,
technological advancement, such as,
use of sensors and wearable technology and real time locating services along with the
rise in cases of surgery in elderly population
of 65 and above
is
the another key driver for the
market growth.
This report also provides the existing competitive scenario of some of the key players of the surgical smoke evacuation systems market
which includes company profiling of CONMED Corporation (NYSE:CNMD), Olympus (TYO:7733),
Johnson & Johnson
(NYSE:JNJ), Stryker Corporation
(NYSE:SYK), Ecolab
(NYSE:ECL),
Bovie
Medical Corporation
(NYSE:BVX), Medtronic
(NYSE:MDT), Symmetry Surgical Incorporation (NASDAQ:SSRG), Utah Medical Products (NASDAQ:UTMD) and
Coopersurgical
Incorporation (NYSE:COO)
.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the surgical smoke evacuation systems
that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market
centric strategies according to the ongoing and expected trends in the future.
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