India Smoke Evacuation System Market Size & Outlook
India smoke evacuation system market, 2018-2030 (US$M)
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India smoke evacuation system market highlights
- The India smoke evacuation system market generated a revenue of USD 4.3 million in 2023 and is expected to reach USD 9.9 million by 2030.
- The India market is expected to grow at a CAGR of 12.6% from 2024 to 2030.
- In terms of segment, smoke evacuating systems was the largest revenue generating product in 2023.
- Smoke Evacuation Tubings 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 4.3 million |
| Market revenue in 2030 | USD 9.9 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Smoke evacuating systems |
| Fastest growing segment | Smoke Evacuation Tubings |
| 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, India accounted for 2.2% 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 Asia Pacific, Japan smoke evacuation system market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 9.9 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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India 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 39.53% in 2023. Horizon Databook has segmented the India 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.
Rapid advancements in healthcare infrastructure and growing incidence of lifestyle diseases, such as diabetes and obesity, are among the factors expected to result in an increase in the number of orthopedic and laparoscopic surgeries being performed in developing economies such as India. Rapid technological advancements are expected to boost the market in India.
Strong economic growth, increasing urban population, and growing healthcare sector in India are among factors significantly contributing to the growth of smoke evacuation systems market. According to the Minister of State for Tourism, around 4.95 lakh patients visited India in 2017 for surgeries.
The growth in medical tourism can be attributed to low cost of surgeries and availability of insurance for treatments. Increasing disposable income in developing countries is also expected to propel the growth of India smoke evacuation systems market in the coming years.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India smoke evacuation system market , including forecasts for subscribers. This country databook contains high-level insights into India smoke evacuation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India smoke evacuation system market size, by product, 2018-2030 (US$M)
India Smoke Evacuation System Market Outlook Share, 2023 & 2030 (US$M)
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