Wilmington, Delaware, United States, Transparency Market Research Inc. – Due to technical improvements in surgery, an increase in the number of surgical cases, and a rise in the incidence of cardiac problems and uterine fibroids, the need for insufflation devices is rising.
Wilmington, Delaware, United States, Transparency Market Research Inc. – Due to technical improvements in surgery, an increase in the number of surgical cases, and a rise in the incidence of cardiac problems and uterine fibroids, the need for insufflation devices is rising. One of the major reasons driving growth of the global Insufflation Devices market is the rising prevalence of obesity as a result of a sedentary lifestyle and an increased consumption of energy-dense meals high in fat and sugar.
Employing insufflation devices during bariatric surgery assists in maintaining the pneumoperitoneum and reduces the risk of clinical problems. Additionally, they aid in the maintenance of good abdominal pressure circumstances, minimizing operating time and the negative consequences of CO2 pneumoperitoneum. As a result, insufflation devices are preferred by healthcare professionals during cardiac, bariatric, laparoscopic, and other operations. These factors are expected to drive expansion of the global Insufflation Devices market in the years to come.
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This study from Transparency Market Research (TMR) provides a complete insight of the global insufflation devices market. It provides well-researched data on a variety of market aspects in order to provide useful business input for profit generation.
Global Insufflation Devices Market: Notable Developments
The noted players that are operational in the global insufflation devices market are B. Braun Melsungen, Smith & Nephew plc, Olympus Corporation, Karl Storz SE & Co. KG, Richard Wolf GmbH, and Becton, Dickinson and Company.
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Global Insufflation Devices Market: Key Trends
Below-mentioned market trends and opportunities mark the global insufflation devices market:
Rise in Laparoscopic Surgeries to Accentuate Demand for Insufflation Devices
The adoption of insufflation devices is projected to rise as the number of laparoscopic operations conducted throughout the world increases due to the benefits they provide. As per a research released in 2017 by AHA journals, more than 2 million laparoscopic surgical operations are performed in the US each year. In comparison to conventional procedures, laparoscopic surgery has a low overall fatality rate, ranging from 0.3 % to 1.8 %.
Laparoscopic surgery is commonly used in high-risk patients, such as the obese individuals, elderly, and those with preexisting illnesses such as pulmonary disorders and cardiovascular conditions. As per the CDC, approximately 600,000 hysterectomies are conducted in the US each year, and nearly 20 million American women have undergone a hysterectomy. This factor is likely likely to drive demand in the global Insufflation Devices Market in the years to come.
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As insufflation devices are used in bariatric surgery, the rising incidence of obese persons with a BMI of 35-39 who have particular severe health issues, such as high blood pressure, sleep apnea, and type 2 diabetes is a high-impact driver for the market. The number of bariatric operations performed rose from 158,000 in 2011 to 256,000 in 2018, as per ASMBS (American Society for Metabolic and Bariatric Surgery). In addition to that, as the public becomes more aware about the benefits of bariatric surgery, the demand for insufflation devices as a treatment option has grown.
Global Insufflation Devices Market: Geographical Analysis
North America led the global insufflation devices market in 2020, with a sizeable chunk of the market, and is anticipated to expand significantly over the forecast period. The rise in the incidence of laparoscopic operations, such as cholecystectomy and hysterectomy, and the desire for less invasive treatments are both contributing to the growth of this regional market. Technological improvements are also helping to drive the market in North America forward. As a result, the market is projected to be dominated by North America throughout the forecast period.
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The Asia Pacific market is expected to develop at the rapid pace during the forecast period, from 2021 to 2031. Insufflation devices are projected to see substantial growth in this area due to rising obesity and heart disease rates, as well as unmet need for effective and long-term treatment alternatives. Furthermore, due to their low-cost structure, international market players are increasingly preferring clinical trials and significant R&D expenditures, which are high-impact contributing drivers for the market in the Asia Pacific region.
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