Endoscopic Insufflators Market - Introduction

Accurate detection of gastrointestinal lumen is required for safe use of endoscopes and better visualization of the mucosa. Usage of room air for lumen detention could have disadvantages such as poor absorption of room air by gastrointestinal tract. On the other hand, CO2 is rapidly absorbed by GI mucosa. This has led to an increase in the use of CO2 insufflation in endoscopic procedures. Endoscopic insufflators are widely used in a number of procedures such as gastroscopy and colonoscopy. These devices offer support for endoscopic examination and treatment. CO2 insufflators offer various advantages such as reduction of abdominal pain and discomfort, and helps avoid serious complications in case of perforation. Another major advantage of using insufflators is increase in patient turnaround time, improvement in cecal intubation rates, and quick recovery.

Endoscopic Insufflators Market - Competitive Landscape

Prominent endoscope manufacturers are expanding their product offerings by adding endoscopy suit ancillary products such as endoscope insufflators and endoscopy irrigation pumps to the portfolio. Besides, several manufacturers of endoscopy accessories and consumables are also expanding their offerings in this segment to improve market presence. Key players operating in the global endoscopic insufflators market are Olympus Corporation, STERIS Corporation, Stryker, Ease Electronics Systems, MEDIVATORS, Inc., Fujifilm Holdings Corporation, PENTAX Medical, Erbe Elektromedizin GmbH, KARL STORZ, XION GmbH, B. Braun Melsungen AG, JINSHAN Science & Technology, Enertech Healthcare, Richard Wolf GmbH, and Gimmi, among others.

Need an Overview of the Report on Endoscopic Insufflators Market? Ask for the Brochure here

Olympus Corporation

Based in Japan, Olympus Corporation is a medical device company operating in three major businesses: medical, scientific solutions, and imaging. The medical segment includes business lines such as endoscopes, endosurgery, and endotherapy. The scientific solution segment comprises business lines such as biological microscope systems, industrial microscope systems, remote visual inspection products, and non-destructive testing (NDT) systems. UCR CO2 insufflator is a product offered by the company in the endoscopic insufflators market.
Stryker

Stryker is a leading medical technology company that provides innovative products and services in the areas of orthopedics, medical & surgical, neurotechnology, and spine. The company sells its products in more than 85 countries through subsidiaries, branches, and distributors. It has presence in the U.S., Europe, the Middle East, Africa, Asia Pacific, and other regions. Stryker offers PneumoClear in the endoscopic insufflators market.

KARL STORZ

Founded in 1945, KARL STORZ is a manufacturer and distributor of endoscopes, medical devices, and instruments. The company offers endoscopic instruments having applications in human medicine and veterinary medicine. It has significant presence across the globe including North America, Europe, Asia, Middle East & Africa, and Oceania. KARL STORZ offers Endoflator 50 in the endoscopic insufflators market.

Fujifilm Holdings Corporation

Fujifilm Holdings Corporation offers imaging solutions, document solutions, and health care & material solutions. Health care & medical solutions include life sciences products, equipment & materials for medical systems, pharmaceuticals, and others. As of March 2019, the company had 279 consolidated subsidiaries across Japan, the U.S., Europe, and other regions. Endoscopic CO2 Regulator GW-100 is an endoscopic insufflator offered by the company in the endoscopic insufflators market.

Stuck in a Neck-to-Neck Competition with Other Brands? Request a Custom Report on “Endoscopic Insufflators Market” here

Endoscopic Insufflators Market - Dynamics

The global endoscopic insufflators market is anticipated to be driven by increase in the number of endoscopic procedures, rise in demand for endoscopy devices, and surge in awareness about the advantages of using CO2 insufflators over air insufflators during gastroscopy and colonoscopy. Additionally, increase in import of endoscopy devices in Europe, technological advancements in the field of endoscopy, and rise in the number of research and development activities are expected to boost the growth of the global endoscopic insufflators market.

Demand for Patient Safety & Comfort

High demand for patient safety and comfort increases the adoption of minimally invasive procedures. Endoscopy insufflators, especially CO2 insufflators, are proven to be safe, as the CO2 gets absorbed by gastrointestinal tract lumen around 150 times faster than normal air. This also provides comfort to patients post colonoscopy and other long time endoscopy procedures.

Increase in Demand and Import of Endoscopy Devices - Key Driver of Endoscopic Insufflators Market

Demand for endoscopic insufflators is projected to increase in the next few years. Rise in import of endoscopy devices in Europe presents significant opportunities for the market players in the European Union. According to the Ministry of Foreign Affairs, import of endoscopy devices in Germany and Austria increased significantly in the past five years. Japan and Switzerland were the leading suppliers of endozoic devices to Germany and Austria in 2014. Along with imports, production of these devices gained pace from 2010 to 2014, with average annual increase of 9.8% during 2010–2014.

North America - Largest Market for Endoscopic Insufflators

The endoscopic insufflators market in North America is driven by increase in the number of manufacturers of endoscopy devices and instruments, adoption of innovative solutions in gastroscopy & colonoscopy, and rise in the number of colonoscopies. According to the Centers for Disease Control and Prevention (CDC), in 2012, 15 million colonoscopies were performed in the U.S.

Endoscopic Insufflators Market - Segmentation

The global endoscopic insufflators market can be segmented based on application, end-user, and region

In terms of application, the global endoscopic insufflators market can be divided into:

  • Colonoscopy
  • Gastroscopy
  • Endoscopic Retrograde Cholangiopancreatography (ERCP)
  • Others

Based on end-user, the global endoscopic insufflators market can be classified into:

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Endoscopic Insufflators Market

Pre Book