Insufflation Devices Market Projected to Surpass USD 4.7 Billion by 2032, Growing at a Compound Annual Growth Rate (CAGR) of 6.7%

Insufflation Devices Market Projected to Reach US$ 4.7 Billion by 2032

The insufflation devices market is forecasted to achieve a market valuation of US$ 4.7 billion by the culmination of 2032, exhibiting significant growth from US$ 2.3 billion in 2021, with a Compound Annual Growth Rate (CAGR) of 6.7%. This growth trajectory is attributed to several factors, including the escalating number of surgical cases, advancements in medical procedures, and a surge in conditions such as obesity, heart disease, and uterine fibroids, which necessitate surgical intervention.

Download PDF Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83568

Key Drivers of Market Growth:

The rising prevalence of chronic diseases necessitating surgical interventions is propelling the demand for insufflation devices, particularly in robotic surgery, laparoscopy, and hysteroscopy.
Insufflation devices create pneumoperitoneum, facilitating enhanced access and visualization in surgical procedures, thus driving their adoption.
Increasing familiarity with bariatric surgery among the public is contributing to the popularity of insufflation devices as a treatment option.
Key Findings of the Market Report:

Laparoscopic procedures demonstrated a CAGR of 6.2% between 2017 and 2021.
The United States is expected to procure over US$ 827.9 million worth of insufflation devices in the next decade.
Ambulatory surgical centers are anticipated to dominate the market.
By 2032, the United Kingdom's market is forecasted to reach US$ 190.4 million.
Japan's insufflation device market witnessed an absolute dollar opportunity of nearly US$ 100 million.
South Korea's insufflation devices market is projected to reach US$ 82 million by 2032.
Global Insufflation Devices Market: Growth Drivers

Colorectal cancer and Crohn's disease, among other gastrointestinal and abdominal conditions, are driving demand for minimally invasive surgeries. The preference for laparoscopes and endoscopes equipped with insufflation devices over open surgery, due to reduced post-operative pain and faster recovery, is boosting market growth. Technological advancements, including devices with enhanced safety features and pressure monitoring capabilities, are further fueling market expansion.

Global Insufflation Devices Market: Regional Landscape

North America is poised to lead the market, driven by a high volume of laparoscopic surgeries such as hysterectomy and cholecystectomy. The Asia Pacific region is expected to witness the fastest growth, fueled by the increasing prevalence of obesity and heart disease. Rising disposable incomes and demand for high-tech medical devices are anticipated to drive market growth across regions.

Contact us for Special Discount and Pricing @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=83568

Key Players and Developments

Key players in the insufflation devices market include Fujifilm, Medtronic, Stryker Corporation, BD, Olympus, and others. Strategies such as regulatory approvals, technological advancements, product launches, and acquisitions are driving growth in the sector. Notable developments include collaborations between major companies, such as DaVita Inc. and Medtronic, aimed at improving kidney care, and partnerships like GE Healthcare and Medtronic to enhance ambulatory surgical centers.

Key Segments Covered in Insufflation Devices Industry Survey:

By Application: Laparoscopic Surgery, Bariatric Surgery, Cardiac Surgery, Other Surgeries
By End-Use: Hospitals, Clinics, Ambulatory Surgical Centers
By Region: North America, Latin America, Europe, Asia Pacific, Middle East & Africa

Place an Order Copy of Insufflation Devices Market Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=83568<ype=S

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.