In 2020, the global laparoscopic device and accessories market size was valued at slightly over $13.7 billion, with over 14 million laparoscopic procedures performed every year. In spite of the COVID19 pandemic, the market size is expected to increase at a compound annual growth rate (CAGR) of 1.8% to reach nearly $15.6 billion in 2026.
In 2020, the European laparoscopic device market size was valued at €2.1 billion, with over 1.8 million laparoscopic procedures performed every year. The market size is projected to grow at a compound annual growth rate (CAGR) of 1% to reach nearly €2.2 billion in 2026. Throughout this medical market research, we analyzed 54 laparoscopic device
In 2020, the U.S. laparoscopic devices market size was valued at $4.4 billion, with over 2.7 million laparoscopic procedures performed every year. The market size is expected to increase at a compound annual growth rate (CAGR) of 3.4% to reach $5.6 billion in 2026. Throughout this medical market research, we analyzed 38 laparoscopic device companies across
The global insufflation devices market size is expected to reach over $920 million by 2026, with the insufflator market segment showing the highest growth. Currently, the majority of the global market share is controlled by Karl Storz, Stryker, and Olympus. The global insufflation device market comprises insufflators (or insufflation consoles), insufflation tubing and Veress needle
Insufflator systems are an essential component in laparoscopic surgeries that are performed in operating rooms. Insufflators are used for pumping carbon dioxide into the abdominal cavity to create a pneumoperitoneum in preparation for laparoscopic and hysteroscopic surgery. The pumping of the gas creates sufficient space within the abdominal cavity for insertion and manipulation of laparoscopic devices with an adequate optical field. Carbon dioxide is currently the insufflation gas of choice for laparoscopy because it fulfills most of the requirements for an ideal insufflation gas, namely being colorless, nonflammable and is rapidly excreted from circulation. Insufflators are found in many multi-specialty ORs, although insufflators are used infrequently in many of them. These devices are often packaged with video systems and are rarely sold alone. The market consists of veress needles, insufflators and insufflation tubing.