This report aims to provide detailed insights into the global Smoke Evacuation Systems Market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
Revenue Growth Analysis:
The Smoke Evacuation Systems Market is estimated to be $115 million in 2020 and projected to reach $154 million by 2025, at a CAGR of 6.1%.
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Key Factors Driving Market Growth:
The adoption of smoke evacuating products and related software platforms is growing across major regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This is primarily driven by the rising patient preference for minimally invasive surgeries, increasing product availability, growing target patient population, and the availability of relevant OR protocols and guidelines for their use. On the other hand, clinical evidence testifying to their efficacy has yet to be established. Rising pricing pressures and concerns regarding the safety of smoke evacuation systems will also hinder the market growth.
The Smoke Evacuation System Market includes major Tier I and II suppliers like CONMED Corporation (US), Medtronic plc (Ireland), Stryker Corporation (US), Ethicon (US), and Olympus Corporation (Japan). These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses as well. Multiple manufacturing facilities of players have shut down due to COVID-19. Industry experts believe that COVID-19 will have short-term negative growth for the market in 2020, but will experience normal growth as the market gradually steadies by the end of 2020.
Increasing Number of Elective Surgical Procedures:
Elective procedures include cosmetic, bariatric, and plastic surgical procedures performed to improve a patient’s aesthetic appearance. The majority of these procedures utilize high-temperature or energy-intensive devices for tissue resection, lipid removal, or tissue charring, all of which can generate significant amounts of surgical plume. Surgeons, so far, have reported a limited preference for the smoke evacuation process during elective procedures owing to insufficient evidence supporting its clinical benefits. However, with the evolving regulatory scenario and industrial guidelines related to the mandatory usage of evacuation systems during surgical procedures, target end users are expected to utilize safer, more affordable, and effective products. Thus, the majority of OEMs are increasingly focusing on this industry segment as an emerging area that could provide renewed growth opportunities owing to the increasing number of elective procedures.
The laparoscopic surgeries application segment is expected to register the highest growth rate in the market during the forecast period
On the basis of application, the Smoke Evacuation Systems Market is segmented into medical aesthetic surgeries, open general surgeries, orthopedic surgeries, and laparoscopic surgeries. The laparoscopicsurgeriesapplication segment is expected to register the highest growth rate due tothe advantages of laparoscopic procedures over conventional open surgery and the need to improve the working environment in the operating room.
North America dominated the global Smoke Evacuation Systems Market in 2020
The large share of the North American market can mainly be attributed to the increasing number of surgical procedures, technological advancements, rising demand for minimally invasive surgeries, favorable reimbursement scenario, and rising government concerns regarding the health hazards of surgical plumes.
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Key Market Players:
CONMED Corporation(US), Medtronic Plc(Ireland), Olympus(Japan), Ethicon(US), Erbe Elektromedizin GmbH(Germany), KLS Martin(Germany), Stryker Corporation(US), I.C Medical(US), Symmetry Surgical Inc. (US), Utah Medical Products Inc(US), Zimmer Biomet(US), Pall Corporation(US), Ecolab(US), and Deroyal(US) are some major players in the global Smoke Evacuation Systems Market.
Smoke Evacuation System Market: Emerging Technologies and Latest Trends
Remote patient monitoring, also referred to as remote physiologic monitoring, is the usage of digital technologies to monitor and capture medical and other health data from patients and electronically transmit these details to healthcare providers for assessment and, when necessary, recommendations and instructions.Remote Patient Monitoring Devices are used for digital number of a person's medical health data from location, and electronically transmit the info to healthcare providers in different position for recommendation and assessments.
The monitoring devices collect wide selection of healthcare data from the point-of-care testing, which includes blood pressure, blood oxygen levels, heart rates, electrocardiograms, and blood sugar.
The data obtained through the devices is then transmitted to health professionals in facilities such as hospitals, intensive care units, and nursing facilities for further assessment.Common examples of remote health monitoring devices include continuous glucose monitors that remind diabetes patients to take their insulin, while allowing their physician to monitor the disease, digital blood pressure monitors that enable patients to remotely send physicians their blood pressure and blood oxygen levels.To put it simply, where remote patient monitoring identifies the usage of a particular technology to facilitate interaction between clinicians and patients at home, telehealth is a broader term that identifies the entire industry, methodology and technologies that enable that form of healthcare.Humana has embraced both eVisits and remote patient monitoring.
Along with Blue Cross Blue Shield and United Health, Humana will reimburse healthcare providers for remote visits with patients of all plans even yet in states that don't require them to accomplish so.Besides, doctors have to cover effort to be able to engage patients and motivate them to use RPM.
And finally, the key drawback of this technology is the unproved accuracy of devices.
So long as the chance of imprecision exists, the effectiveness of RPM will remain uncertain to many.Read More@ https://bit.ly/3ikmM4H
To implement telemedicine and teleradiology software solutions in your healthcare organizations, contact us and be successful in healthcare technology.The system of applying the convenience of the information and communication technology and portable point of care devices in the field of medicine is termed as ‘Telemedicine’.Learn More: https://www.frontenders.in/services/tele-medicine-and-tele-radiology.html
VBRI, As a leader in smart healthcare technology Services & solution, VBRI has the solutions to provide you to meet the demands of the today & prepare for what is coming tomorrow.
The future of the healthcare sector is in the implementation of smart technologies, & technical innovations.
it is a great time that the healthcare industry discovers some permanent solutions.
Technology has brought about transformational changes in the healthcare industry over the past few years.
Medical establishments can now depend on their technology partners to provide them with healthcare technology solutions per their particular needs at reasonable costs.The healthcare industry is now constantly evolving, with new cures discovered daily.
The following are five salient benefits that technology has provided in the healthcare sector.Information when you need itPeople looking for a quick diagnosis of their symptoms usually consult the internet to understand the underlying causes for their ailment better.
It allows healthcare facilities to provide their patients with a seamless experience, thus allowing them to treat more patients in a day.
Robots that doctors control via a computer can carry out surgeries equipped with cameras, mechanical arms, and surgical instruments.
These robots assist doctors with a three-dimensional, magnified view of the surgical site, which significantly helps in the surgery.Faster Medical ResultsEarlier it would take anywhere from a couple of weeks to a month to get the test results.
Remote patient monitoring, also referred to as remote physiologic monitoring, is the usage of digital technologies to monitor and capture medical and other health data from patients and electronically transmit these details to healthcare providers for assessment and, when necessary, recommendations and instructions.Remote Patient Monitoring Devices are used for digital number of a person's medical health data from location, and electronically transmit the info to healthcare providers in different position for recommendation and assessments.
The monitoring devices collect wide selection of healthcare data from the point-of-care testing, which includes blood pressure, blood oxygen levels, heart rates, electrocardiograms, and blood sugar.
The data obtained through the devices is then transmitted to health professionals in facilities such as hospitals, intensive care units, and nursing facilities for further assessment.Common examples of remote health monitoring devices include continuous glucose monitors that remind diabetes patients to take their insulin, while allowing their physician to monitor the disease, digital blood pressure monitors that enable patients to remotely send physicians their blood pressure and blood oxygen levels.To put it simply, where remote patient monitoring identifies the usage of a particular technology to facilitate interaction between clinicians and patients at home, telehealth is a broader term that identifies the entire industry, methodology and technologies that enable that form of healthcare.Humana has embraced both eVisits and remote patient monitoring.
Along with Blue Cross Blue Shield and United Health, Humana will reimburse healthcare providers for remote visits with patients of all plans even yet in states that don't require them to accomplish so.Besides, doctors have to cover effort to be able to engage patients and motivate them to use RPM.
And finally, the key drawback of this technology is the unproved accuracy of devices.
So long as the chance of imprecision exists, the effectiveness of RPM will remain uncertain to many.Read More@ https://bit.ly/3ikmM4H
To implement telemedicine and teleradiology software solutions in your healthcare organizations, contact us and be successful in healthcare technology.The system of applying the convenience of the information and communication technology and portable point of care devices in the field of medicine is termed as ‘Telemedicine’.Learn More: https://www.frontenders.in/services/tele-medicine-and-tele-radiology.html
VBRI, As a leader in smart healthcare technology Services & solution, VBRI has the solutions to provide you to meet the demands of the today & prepare for what is coming tomorrow.
The future of the healthcare sector is in the implementation of smart technologies, & technical innovations.
it is a great time that the healthcare industry discovers some permanent solutions.
Technology has brought about transformational changes in the healthcare industry over the past few years.
Medical establishments can now depend on their technology partners to provide them with healthcare technology solutions per their particular needs at reasonable costs.The healthcare industry is now constantly evolving, with new cures discovered daily.
The following are five salient benefits that technology has provided in the healthcare sector.Information when you need itPeople looking for a quick diagnosis of their symptoms usually consult the internet to understand the underlying causes for their ailment better.
It allows healthcare facilities to provide their patients with a seamless experience, thus allowing them to treat more patients in a day.
Robots that doctors control via a computer can carry out surgeries equipped with cameras, mechanical arms, and surgical instruments.
These robots assist doctors with a three-dimensional, magnified view of the surgical site, which significantly helps in the surgery.Faster Medical ResultsEarlier it would take anywhere from a couple of weeks to a month to get the test results.