The global Veress Needle Market is expected to experience robust growth, with its market size valued at USD 233.38 million in 2020 and projected to reach USD 332.47 million by 2028, growing at a CAGR of 4.76% during the forecast period from 2021 to 2028. The increasing demand for minimally invasive surgeries, particularly in laparoscopy and bariatric surgery, is a key factor driving the market.
A Veress needle is a spring-loaded needle designed to create pneumoperitoneum—a key step in laparoscopic surgery. This traditional technique is crucial in establishing pneumoperitoneum before the insertion of trocar and cannula. Veress needles are widely used globally in various surgeries, and numerous companies supply both disposable and reusable versions of the device, such as Lagis, Fairmont Medical, and T.K Medical.
The increasing prevalence of minimally invasive surgeries and the critical role of Veress needles in these procedures are key market drivers. Moreover, the rise in robotic surgeries, particularly in gynecological and bariatric procedures, is further propelling the demand for Veress needles. This market is seeing significant growth due to advancements in surgical techniques, particularly in the treatment of obese patients, where minimally invasive surgery offers shorter hospital stays, reduced postoperative complications, and improved surgical outcomes.
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Competitive Landscape
Major players in the global Veress needle market include CONMED, Fairmont Medical Products Pty Ltd, GRI-Alleset, 3-Dmed, and Zhejiang Geyi Medical Instrument Co., Ltd.. These companies are focusing on innovation, product expansion, and collaborations to strengthen their market positions. Key developments in the industry include the introduction of realistic training tools to enhance Veress needle insertion techniques for medical professionals, reducing the risk of patient injury during surgery.
Global Veress Needle Market Overview
The Veress needle market is undergoing a significant transformation with advancements in medical technologies and an increasing focus on minimally invasive surgeries. The correct insertion of a Veress needle is crucial for successful laparoscopy, making it an essential tool in gynecological, urological, and general surgeries. The growing adoption of laparoscopic procedures worldwide has fueled demand for Veress needles, further supported by the rising number of bariatric and robotic surgeries.
Challenges and Alternatives
The direct trocar insertion (DTI) technique is emerging as an alternative to Veress needles for creating pneumoperitoneum. While DTI offers benefits like shorter procedure times and immediate recognition of injuries, Veress needles remain the standard for many laparoscopic surgeries due to their precision and reliability.
Global Veress Needle Market Segmentation
By Type
- 120mm
- 150mm
- Others
The 120mm Veress needle dominated the market in 2020, attributed to its precision in creating pneumoperitoneum before trocar insertion. These needles are typically made of stainless steel, ensuring sterility and reducing cross-contamination risks.
By Application
- Gynecology Surgery
- Urologic Surgery
- General Surgery
The urologic surgery segment is expected to witness the fastest growth. Laparoscopic procedures in urology, aimed at treating conditions like urinary tract infections, kidney stones, and prostate issues, are becoming increasingly popular due to advancements in minimally invasive surgery (MIS) techniques.
By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
The Asia-Pacific region is expected to be the fastest-growing market for Veress needles, driven by the increasing popularity of minimally invasive surgeries in countries like China and India. The rise in the incidence of diseases requiring surgical interventions, combined with advanced healthcare infrastructure, is propelling market growth in this region.
Key Market Players
The global Veress needle market is highly competitive, with several major players adopting strategies such as product launches, partnerships, and expansions to maintain their market share. Leading companies in the market include:
- CONMED
- Fairmont Medical Products Pty Ltd
- GRI-Alleset
- Grena Ltd.
- 3-Dmed
- Advin Health Care
- Changzhou Ankang Medical Instruments Co., Ltd.
- Endomed Systems GmbH
- Zhejiang Geyi Medical Instrument Co., Ltd.
Market Outlook and Future Opportunities
The Veress needle market is set to witness continued growth, driven by increasing demand for minimally invasive surgeries, technological advancements, and the rising prevalence of obesity and chronic conditions. The shift towards robotic surgeries and advancements in laparoscopic techniques are expected to provide significant growth opportunities for the market.
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Reasons to Purchase this Report
- Comprehensive Analysis: Qualitative and quantitative insights into the market, segmented by type, application, and geography.
- Growth Opportunities: Identification of the fastest-growing segments and regions.
- Competitive Insights: In-depth analysis of major players and their strategies, including product benchmarking and SWOT analysis.
- Emerging Trends: Analysis of recent developments, growth opportunities, and challenges facing both emerging and developed markets.
Conclusion
With the increasing global focus on minimally invasive surgical techniques, the demand for Veress needles is expected to surge over the coming years. The global Veress needle market presents significant opportunities for growth, driven by technological advancements, the rising prevalence of obesity, and the growing adoption of laparoscopic procedures. As companies continue to innovate and expand their product portfolios, the market is expected to witness sustained growth through 2028.
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