Market Forecasts: What’s Next for the Insufflator Equipment Sector?
Insufflator Equipment Market Size and Opportunity Analysis The global insufflator equipment market was valued at approximately USD 950 million in 2022. This market is projected to witness a robust Compound Annual Growth Rate (CAGR) of 6.5% from 2023 to 2030. The growth is attributed to the increasing prevalence of laparoscopic surgeries, advancements in insufflation technology, and the rising demand for minimally invasive procedures. Additionally, the expansion of healthcare infrastructure in emerging economies and a growing geriatric population are driving the market forward. As surgical procedures become more common and technologically advanced, the need for sophisticated insufflator equipment continues to rise, contributing to the market's expansion. Opportunity analysis indicates significant potential in emerging markets, where economic growth and healthcare improvements are enhancing access to advanced medical technologies. Regions such as Asia-Pacific and Latin America pres...