The global CO2 injector market is poised for significant growth, driven by the increasing demand for minimally invasive procedures, according to a new report by Future Market Insights (FMI). The market is projected to increase from US$ 11,756.2 thousand in 2023, and is expected to reach US$ 21,520.3 thousand by 2033, reflecting a compound annual growth rate (CAGR) of 6.2% from 2023 to 2033.
The surge in minimally invasive procedures is a key factor propelling the CO2 injector market. These procedures offer numerous benefits over traditional open surgeries, including reduced pain, shorter hospital stays, and faster recovery times. CO2 injectors are widely used in laparoscopy, arthroscopy, and hysteroscopy, facilitating these minimally invasive procedures.
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“The growing prevalence of chronic diseases like obesity, diabetes, and cancer is another major driver for the CO2 injector market,” says the report author at Future Market Insights. “These conditions often require minimally invasive procedures for diagnosis and treatment, and CO2 injectors provide a safe and effective method for delivering carbon dioxide gas into the body during these procedures.”
Furthermore, advancements in CO2 injector design and manufacturing are contributing to market expansion. The development of automated CO2 injection systems enhances precision and efficiency during procedures, leading to wider adoption by hospitals and clinics.
Key Trends in the CO2 Injector Market:
- Increasing demand for minimally invasive procedures: Minimally invasive procedures are gaining popularity due to their several advantages over traditional open surgeries. CO2 injectors are widely used in these procedures, which is driving the growth of the market.
- Rising investments in healthcare infrastructure: Governments and private investors are increasingly investing in healthcare infrastructure. This is leading to the establishment of new hospitals and clinics, which is creating new opportunities for CO2 injector manufacturers.
- Technological advancements: Technological advancements in CO2 injector design and manufacturing are making the procedures more precise and efficient. This is leading to increased adoption of CO2 injectors in hospitals and clinics.
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Key Takeaways: CO2 Injector Market from 2023 to 2033
- The global CO2 injector market is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2033, reaching a value of US$ 21,520.3 thousand by the end of the forecast period.
- The increasing demand for minimally invasive procedures, growing prevalence of chronic diseases, and rising investments in healthcare infrastructure are driving the growth of the market.
- North America is expected to remain the dominant market for CO2 injectors during the forecast period, followed by Europe and Asia Pacific.
- The automated CO2 injection system segment is projected to retain its dominance in the market throughout the forecast period.
Regional Outlook:
North America is expected to remain the largest market for CO2 injectors, followed by Europe and Asia Pacific. The high demand for minimally invasive procedures and the presence of major CO2 injector manufacturers in the region are driving the growth of the North American market.
The European market is also expected to witness significant growth during the forecast period. This is attributed to the increasing prevalence of chronic diseases and the rising investments in healthcare infrastructure in the region.
The Asia Pacific market is also expected to grow at a rapid pace during the forecast period. This is due to the growing population, the increasing prevalence of chronic diseases, and the rising demand for minimally invasive procedures in the region.
Key Companies Profiled in CO2 Injector Market:
- Angiodroid
- Malek Medical GmbH
- Optimed
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CO2 Injector Market Outlook by Category:
By Product:
- Automated
- Semi-automated
By Application:
- Peripheral Angiography
- Interventional Radiology
- Vascular Surgery
- Interventional Cardiology
By End User:
- Hospitals
- Independent Cath Laboratories
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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