Canada Smoke Evacuation System Market Size & Outlook
Canada smoke evacuation system market, 2018-2030 (US$M)
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Canada smoke evacuation system market highlights
- The Canada smoke evacuation system market generated a revenue of USD 7.5 million in 2023 and is expected to reach USD 13.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, smoke evacuating systems was the largest revenue generating product in 2023.
- Smoke Evacuating Systems is the most lucrative product segment registering the fastest growth during the forecast period.
Smoke evacuation system market data book summary
| Market revenue in 2023 | USD 7.5 million |
| Market revenue in 2030 | USD 13.3 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | Smoke evacuating systems |
| Fastest growing segment | Smoke Evacuating Systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smoke Evacuating Systems, Smoke Evacuation Filters, Smoke Evacuation Pencils & Wands, Smoke-Evac Fusion Products (Shrouds), Smoke Evacuation Tubings, Accessories |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Conmed Corp, Johnson & Johnson, Zimmer Biomet Holdings Inc, Olympus Corp, Erbe Elektromedizin, Steris PLC, KLS Martin Group, Symmetry Surgical |
Other key industry trends
- In terms of revenue, Canada accounted for 3.8% of the global smoke evacuation system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. smoke evacuation system market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 13.3 million by 2030.
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Smoke Evacuation System Market Scope
Smoke Evacuation System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada smoke evacuation system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smoke evacuation system market will help companies and investors design strategic landscapes.
Smoke evacuating systems was the largest segment with a revenue share of 41.33% in 2023. Horizon Databook has segmented the Canada smoke evacuation system market based on smoke evacuating systems, smoke evacuation filters, smoke evacuation pencils & wands, smoke-evac fusion products (shrouds), smoke evacuation tubings, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing number of orthopedic surgeries and rapid technological advancements are among factors anticipated to propel the market growth. According to The Arthritis Alliance of Canada, over 4.4 million Canadians suffered from osteoarthritis in 2010, and this number is projected to increase to over 10.4 million by 2040.
The number of hip replacement surgeries performed in the country is high, which causes smoke plumes in the operating room. For instance, according to the Canadian Institute for Health Information, in 2019, 49% of Canadians received hip replacement, of which 88% of patients had to wait for 48 hours for surgery.
This indicates high growth potential of Canada smoke evacuation systems market in the near future. Hence, with increase in the number of orthopedic surgeries, the adoption of smoke evacuation systems is expected to grow.
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Our clientele includes a mix of smoke evacuation system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smoke evacuation system market , including forecasts for subscribers. This country databook contains high-level insights into Canada smoke evacuation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada smoke evacuation system market size, by product, 2018-2030 (US$M)
Canada Smoke Evacuation System Market Outlook Share, 2023 & 2030 (US$M)
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