News

The global insufflation devices market size is expected to be worth around US$ 5.76 billion by 2030, according to a new report by Vision Research Reports.

The global insufflation devices market size was valued at US$ 5.31 billion in 2020 and is anticipated to grow at a CAGR of 9.3% during forecast period 2021 to 2030.

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Report Coverage

Report Scope	Details
Market Size	USD 5.76 billion by 2030
Growth Rate	CAGR of 9.3% From 2021 to 2030
Base Year	2021
Historic Data	2017 to 2020
Forecast Period	2021 to 2030
Segments Covered	Application, End use
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	Fujifilm; Medtronic; Stryker; BD; Olympus; B. Braun Melsungen; Smith & Nephew; Karl Storz; Steris; CONMED; Richard Wolf

Growth Factors

Increasing adoption of minimally invasive surgeries, rapidly aging population, and rising number of laparoscopic procedures are among the major factors driving this market’s growth.

The COVID-19 outbreakhas caused the global implementation of strict measures to curbthe spread, which has led to the cancelation/delayof elective surgeries, including many laparoscopic procedures world wide. A large number of medical device manufacturing companies and global suppliers have been adversely affected during this time. However, with the abundance of deferred medical procedures in the pipeline, the market is likely to rebound and grow significantly over the forecast period.

Report Highlights

The laparoscopic surgery segment held the largest share of over 35.0% in 2020 and is anticipated to witness considerable growth over the forecast period. The increasi

ng cases of different laparoscopic surgical techniques, such as laparoscopic cholecystectomy, laparoscopic hernia repair, laparoscopic splenectomy, and laparoscopic hepatectomy, across the globe, are driving the segment.

The other surgeries segment is expected to expand at the highest CAGR of 7.1% from the forecast period. The increasing number of surgeries such as carotid artery surgery, cataract surgery, and tonsillectomy is expected to drive the segment.

Key Players

• Fujifilm
• Medtronic
• Stryker
• BD
• Olympus
• B. Braun Melsungen
• Smith & Nephew
• Karl Storz
• Steris
• CONMED
• Richard Wolf

Market Segmentation

• Application
  • Laparoscopic Surgery
  • Bariatric Surgery
  • Cardiac Surgery
  • Other Surgeries
• End-use
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

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