Global Smoke Extraction Pencil for Electrosurgery Market Growth 2025-2031
The global Smoke Extraction Pencil for Electrosurgery market size is predicted to grow from US$ 236 million in 2025 to US$ 368 million in 2031; it is expected to grow at a CAGR of 7.7% from 2025 to 2031.
The retractable fume evacuation pen is a monopolar device designed for general electrosurgical applications, including cutting and coagulation, and for removing fumes generated by electrosurgery when used in conjunction with a fume evacuation system.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Segmentation by Type
- Extendable
- Not Extendable
Segmentation by Application
- Hospital
- Ambulatory Surgery Center
Market by Region
- Americas
- APAC
- Europe
- Middle East & Africa
Company Coverage
- Atris
- Medstar Technology
- IC Medical
- CIMPAX
- PROMED
- Avicenna Surgical
- Medtronic
- Stryker
- Johnson & Johnson
- CONMED
- Shining World Health Care
- Olympus Corporation
- Steris
- Symmetry Surgical Inc.
- KLS Martin Group
- Medhold
- BAISHENG MEDICAL CO.,LTD.
Key Questions Addressed in this Report
- What is the 10-year outlook for the global Smoke Extraction Pencil for Electrosurgery market?
- What factors are driving Smoke Extraction Pencil for Electrosurgery market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Smoke Extraction Pencil for Electrosurgery market opportunities vary by end market size?
- How does Smoke Extraction Pencil for Electrosurgery break out by Type, by Application?
Frequently Asked Questions
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market