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.
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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.
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.
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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