Smoke Evacuation System Market Worth 180 Million $ by 2020: Driven by (Hospitals, Ambulatory Surgical Centers, Cosmetic Surgery Centers)

The global smoke evacuation system market is estimated to grow at a CAGR of 5.6% from 2015 to 2020. Although mature markets hold larger shares in market in 2015, Asia-Pacific region is poised to grow at highest CAGR of 7.1% in next five years. Factors like growing popularity of cosmetic surgery, presence of a large patient population, government efforts to increase population access to elective surgeries, improving healthcare infrastructure, increasing disposable income, & rising medical tourism in emerging Asian countries are propelling growth of smoke evacuation system market in Asia-Pacific region.

Complete report on Smoke Evacuation System Market spread across 154 Pages, Profiling 11 Companies and Supported with 92 Tables and 41 Figures is now available at http://www.reportsnreports.com/reports/444872-smoke-evacuation-system-market-by-product-smoke-evacuators-portable-stationary-pencils-wands-tubings-accessories-application-laser-ultrasonic-electrosurgery-units-end-user-hospital-surgical-centers-clinics-global-forecast-to-2020.html

The growth of the global smoke evacuation system market is driven by a number of factors such as the global rise in geriatric and obese populations, increasing number of surgeries, growing demand for minimally invasive surgeries, and increasing demand for smoke evacuators.


In addition, emerging markets, growing number of hospitals and surgical centers, and recommendations for the use of smoke evacuation systems in operating rooms by various associations and organizations are creating new growth opportunities for manufacturers. Unfavorable healthcare reforms in the U.S., increasing preference for non-invasive treatment procedures, and a global decrease in number of cosmetic surgeries are some key reasons hampering the growth of the market.


Global Smoke Evacuation System Market, by Application

  • Electrosurgical Units
  • Lasers
  • Radiofrequency Devices
  • Ultrasonic Devices
  • Burrs and High-speed Drills
  • Cautery Units
Global Smoke Evacuation System Market, by End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Cosmetic Surgery Centers
  • Clinics
However, unfavorable healthcare reforms in the U.S., increasing preference for non-invasive treatment procedures, and global decrease in the number of cosmetic surgeries are some key restraints hampering market growth. Geographic expansion, new product launches and product enhancements, agreements and collaborations, and mergers and acquisitions were the major strategies adopted by most market players to achieve growth in the smoke evacuation system market.


Get the Sample Copy of this Research Now


http://www.reportsnreports.com/contacts/requestsample.aspx?name=444872


The smoke evacuation system market is found to be competitive. As of 2014, the global smoke evacuation system market was dominated by Buffalo Filter LLC (U.S.),I.C. Medical, Inc. (U.S.) and Covidien (Ireland), which together accounted for ~61% of the market.


A number of factors like a rising demand for minimally invasive surgeries, increasing aging and obese population, and increasing number of hospitals and surgical centers are propelling growth of global market. In addition to this, challenges associated with this market such as growing price pressure on market players, and safety issues with smoke evacuators are also hampering the growth of this market.


Click now for more Details, Queries and Discount on this study “Smoke Evacuation System Market by Product (Smoke Evacuators (Portable & Stationary), Pencils, Wands, Tubings, Accessories), Application (Laser, Ultrasonic & Electrosurgery Units), End-User (Hospital, Surgical Centers, Clinics) - Global Forecast to 2020” report @ http://www.reportsnreports.com/contacts/discount.aspx?name=444872


Geographic expansion & new product launches are key growth strategies in global smoke evacuation system market. Agreements, collaborations, and acquisitions were also adopted by a significant number of market players to strengthen their product portfolio and expand their geographic presence in market.


Report will enrich both established firms and new entrants/smaller firms to gauge pulse of market, which in turn will help firms in garnering a greater market share. Firms purchasing report could use any one or combination of below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, & competitive assessment) for strengthening their market share.


Explore more reports on Medical Devices at www.reportsnreports.com/market-research/medical-devices/


About Us:

ReportsandReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets.

Contact:
Ritesh Tiwari
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune - 411013
Maharashtra, India.
Tel:  +1-888-391-5441
sales@reportsandreports.com