About Insufflation Devices
The insufflation device is safe, as the intraabdominal pressure can never exceed the insufflation pressure. The device has been widely tested in greater than 500 CO2-laser-endoscopic measures and has verified to be safe and useful. Smoke are constantly removed and therefore the pneumoperitoneum is unaffected even by the removal or leakage of huge volumes of CO2 from the pneumoperitoneum. The new insufflation device has been developed for laparoscopic surgery which permits the persufflatlon of the abdominal cavity with humidified CO2 at 37°C, with flow rates of 4 l/min/mm of mercury insufilation pressure.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 6.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Insufflation Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ethicon (United States), Medtronic (United States), Karl Storz (Germany), Olympus (Japan), Applied Medical (United States), Richard Wolf (Germany), Bayer AG (Germany), Stryker (United States), B. Braun Aesculap (Germany), ERBE (Germany), LiNA Medical (Denmark), ConMed (United States), Microline Surgical (United States) and Apollo Endosurgery (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Insufflation Devices market by Type (Disposable and Reusable), Application (Hospital and Clinic) and Region.
On the basis of Type, Laparoscopic Surgery are dominating the market in the year 2023On the basis of application, Hospital segment is dominating the market in the year 2023On the basis of geography, the market of Insufflation Devices 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). North America region held largest market share in the year 2023. If we see Market by Surgery Type, the sub-segment i.e. Laparoscopic Surgery will boost the Insufflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Rise in the Number of Chronic Respiratory Diseases
Market Growth Drivers:
A rise in the Number of Surgical Procedures and Growth in the Demand of Compact and Portable Devices
Challenges:
Reduced Medicare payments to healthcare providers in the US
Restraints:
Restricted Regulatory Guidelines
Opportunities:
Rising Geriatric Population Globally and Technological Advancements in Medical Suction Devices
Market Leaders and their expansionary development strategies
In May 2022, Medtronic plc announced that it has completed the acquisition of Intersect ENT, expanding the company's comprehensive ear, nose, and throat (ENT) portfolio with innovative products used in sinus procedures to improve postoperative outcomes and to treat nasal polyps.
In 2021, Olympus Corporation (Japan) launched the SIF-H190 single-balloon enteroscopy solution to reach deep into the small intestine.
Invasiveness with respect to body orifices must be considered separately from invasiveness that penetrates through a cut in the body surface, (surgical invasiveness). For short-term use, a further distinction must be made between invasiveness with respect to the less vulnerable anterior, parts of the ear, mouth, and nose and the other anatomical sites that can be accessed through natural body orifices. A surgically created stoma,, which, for example, allows the evacuation of urine or feces, is also to be considered a body orifice. The devices covered by this rule tend to be diagnostic and therapeutic instruments used in particular specialties (otorhinolaryngology, and ophthalmology, dentistry, proctology, urology, and gynecology). Class IIa if they are intended for short-term use, Gasses used for insufflation in the body.
Key Target Audience
Manufacturers of Insufflation Devices, Suppliers of Insufflation Devices, Wholesalers, Distributors and Retailers of Insufflation Devices, Healthcare Industry, Regulatory Bodies, Governmental Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.