Product Description
Overall, the global insufflation device market was valued at over $455 million in 2023. This is expected to increase over the forecast period at a CAGR of 2.6% to reach over $542 million in 2030.
Throughout this medical market research, we analyzed over 15 insufflation device companies across 7 continents and used our comprehensive methodology to understand the market sizes, unit sales, company market shares, and to create accurate forecasts. The full report suite on the global market for insufflation devices extends its projections up to the year 2030, thereby providing a comprehensive and anticipatory understanding of the market trends and trajectories for the given period.
DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2030, and Historical Data to 2020
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- COVID19 Impact
- Disease Overviews and Demographic Information
- Company Profiles, Product Portfolios and SWOT for Top Competitors
Global Insufflation Device Market Insights
Laparoscopy continues to stand out as a prevalent minimally invasive method, offering advantages like accelerated patient recovery, reduced hospitalization durations, decreased post-operative complications, and an overall lower surgical risk. As surgical training becomes more extensive in covering laparoscopic methods, the insufflation device market is poised to gain. The anticipated rise in laparoscopic surgeries conducted annually is expected to drive the growth of this market.
Global Insufflation Device Market Share Insights
- Karl Storz maintains its leadership in the worldwide insufflation device market and stands as the second-largest competitor in the North American market, while securing the top position in the Western European market. Notably, the company’s ENDOFLATOR® and THERMOFLATOR® products rank among the most widely used insufflators in the market.
- Stryker holds the second position on a global scale and leads the insufflation device market in North America, showcasing a robust presence in Latin America and Asia.
- Olympus occupies the third position among competitors. The company’s High Flow™ & UCR™ units are technologically advanced, incorporating features such as smoke evacuation, heating, and warning functions that notify operators of gas leaks and system failures.
Market Segmentation Summary
- Insufflator Market
- Insufflator Tubing Market
- Veress Needle Market
Global Research Scope Summary
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2023 |
Forecast | 2024-2030 |
Historical Data | 2020-2023 |
Quantitative Coverage | Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
CONTACT US FOR ADDITIONAL INFORMATION
For full segmentation and any questions regarding research coverage, please contact us for a complimentary demo of the full report.