Insufflator Market Scope
Insufflator device is used to blow something into a body cavity. Insufflator device has many medical uses, most notably as a route of administration for various drugs. These devices are categorized into three types such as low flow, medium flow, and high flow. Rising demand for minimally invasive surgeries worldwide is the major driver booming the growth of the market.
The market study is segmented by Type (Low Flow, Middle Flow and High Flow), by Application (Laparoscopy, Bariatric surgery, Heart surgery and Other surgeries) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States, German, and Japanese Players will contribute to the maximum growth of Global Insufflator market throughout the predicted period.
STERIS plc. (United States), MEDIVATORS Inc. (United States), Olympus (Germany), Stryker Corp. (United States), Karl Storz (Germany), Richard Wolf (United States), Smith & Nephew (United Kingdom), Hoya Corp. (Japan), Bracco S.p.A. (Italy) and Fujifilm (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are GIMMI GmbH (Germany), MICON Medizintechnik GmbH (Germany), CONMED (United States), Ackermann Instruments (Germany) and Shenda Endoscope (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Insufflator market by Type, Application and Region.
On the basis of geography, the market of Insufflator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 21 Oct 2019, NTI announced its NEBULAE I System, High-flow Laparoscopic Insufflator, has been awarded an Innovative Technology contract from Vizient, Inc., the largest member-driven health care performance improvement company in the country. The contract was based on a recommendation of NEBULAE I System by hospital experts in this category who serve on one of Vizient’s member-led councils.
On 27 March 2017, Bracco Diagnostics Inc., the U.S. subsidiary of Bracco Imaging S.p.A., a leading global company in the diagnostic imaging business, announced the launch of its PROTOCO2L TOUCH Colon Insufflator. This device is used to inflate the colon with CO2 in patients who undergo Computed Tomography (CT) Colonography (CTC) for the detection of colon cancer.
Market Trend
- The High Flow Insufflators Are Gaining Significant Popularity Owing To the Advantages of Maintaining Intra-Abdominal Pressure and Temperature In Comparison To Conventional Insufflators
Market Drivers
- Rising Demand for Minimally Invasive Surgeries across the Globe
- The Increasing Geriatric Population Worldwide is Likely to Drive the Demand
Opportunities
- The Emerging Demand from Developing Countries
Restraints
- Stringent Government Regulations towards its Use
- Product Recalls May Hinder the Growth of the Market
Challenges
- The entry of Body Fluids or Gases into the Insufflator Can Result In Cross Contamination or Damage to the Device
Key Target Audience
Insufflator Manufacturers, Insufflator Traders/Distributors, Insufflator Importer/Exporter, Regulatory & Government Bodies, Technology Investors, Industry Associations, Research & Consulting Firms, End Users and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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