Global Inflation Devices
Market Report
2024
Inflation Devices market was valued at USD 608.42 million in 2022 and will reach USD 892.08 million by 2030, registering a CAGR of 4.9% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Inflation Devices market was valued at USD 608.42 million in 2022 and will reach USD 892.08 million by 2030, registering a CAGR of 4.9% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Inflation Devices Market Sales Revenue 2022 | $ 608.42 Million |
Global Inflation Devices Market Sales Revenue 2030 | $ 892.08 Million |
Global Inflation Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Market Split by Application |
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Market Split by Display Type |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Inflation Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An inflating device is used to inflate angioplasty devices that need to be dilated. It has a luminous analog pressure gauge, an incredibly comfortable grip, and braided high-pressure tubing with a rotating male luer fitting.
The market for inflation devices is expanding because of several factors, including rising growth in the geriatric population, rising cardiovascular and urological disease prevalence, rising demand for minimally invasive procedures, and increased medical reimbursement for such procedures in developed regions.
Rising demand for minimally invasive procedures:
The term "minimally invasive surgery" refers to surgical procedures that minimize the size of incisions required, speeding up wound healing and lowering pain and infection risks. The basic goals of minimally invasive surgery are to reduce bodily harm, reduce post-surgical discomfort, and promote speedy recovery. It is associated with a shorter hospital stay, less discomfort, and very few problems. Minimally invasive procedures can be used for both therapy and diagnostics. Demand for the tools needed to properly complete a minimally invasive surgery is expected to increase as more patients turn to these types of operations. Due to the important role that inflation devices play in minimally invasive cardiac operations, the market is expected to rise in popularity in the future.
Rising growth in the geriatric population:
According to WHO 1 in 6 individuals on the globe will be 60 or older by 2030. By this point, there will be 1.4 billion people over the age of 60, up from 1 billion in 2020. The number of individuals in the world who are 60 or older will double (to 2.1 billion) by 2050. Between 2020 and 2050, the number of people 80 or older is projected to treble, reaching 426 million. Aging plays a significant role in the occurrence of urological and cardiovascular disorders. As a result, the need for management tools like angioplasty to treat such conditions grows along with the aging population. As a result, the market will develop due to the rising prevalence of cardiovascular diseases and the aging population, which will raise the need for disease management strategies.
Restraining factors:
High cost and complications associated with the interventional cardiology procedure:
The cost of surgical procedures for patients increases due to the high cost of surgical devices and the significant investment needed for installation. This has caused customers to switch to secondhand systems, which negatively affects their bottom lines. Complex surgeries require advanced techniques and skills, and the cost of equipment and surgeries increases due to the maintenance and power supply requirements, which limits inflation device adoption.
Radiation damage, myocardial infarction, and hematoma are a few of the complications associated with using interventional cardiology instruments. Coronary perforations and embolism device issues such as coronary implant loss, notably coronary stent dislodgement, lost scaffold, guidewire loss, and balloon fracture limit the use of interventional cardiology devices. All these factors hamper the market growth of inflation devices.
Impact of COVID- 19 pandemic on the inflation devices market:
The need for medical equipment has changed because of COVID-19. While the devices used to treat COVID-19 patients in critical care experienced an increase in demand, other devices suffered as a result of delayed or canceled treatments. Few people who have COVID-19 infection, however, have an elevated risk of cardiovascular disease.
Therefore, angioplasty should be performed to treat cardiovascular disorders such as coronary artery disease, which requires inflating devices. As a result, the market is anticipated to have a favorable effect in the years after COVID-19.
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April 2022
The US FDA granted 510(k) premarket clearance to Medtronic Vascular for its Everest 20 Inflation and Everest 30 Inflation Device/Survival Kits.
Medtronic Vascular received 510(k) premarket approval for its Everest 20 Inflation and Everest 30 Inflation Device/Survival Kit from the United States FDA. Everest Inflation Device/Survival Kit is to be used to facilitate the use of catheters and guidewires during interventional procedures.
Top Companies Market Share in Inflation Devices Industry: (In no particular order of Rank)
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North America held the largest revenue market share over the other regions in the global inflation devices market:
The healthcare industry in North America is well-developed, particularly in the United States and Canada. People spend a lot of money on healthcare here to get high-quality care. In this region, a huge number of surgeries are carried out annually. Because many chronic, acute, and lifestyle-related illnesses, such as diabetes, stroke, and obesity, are very common. Additionally, demand for minimally invasive operations is projected to increase due to the rising incidence of chronic diseases. The sector is well known for adopting new technology more quickly to better service the big patient base. Due to all these reasons North America held the largest revenue market share in the global inflation device market
The current report Scope analyzes Inflation Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Inflation Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Inflation Devices Industry growth. Inflation Devices market has been segmented with the help of its Application, Display Type End User , and others. Inflation Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Interventional cardiology dominated the worldwide inflation devices market revenue share:
By Application, the market is segmented into interventional cardiology, interventional radiology, gastroenterology procedures, peripheral vascular procedures, urology procedures, and other applications. In which interventional cardiology held the largest market share. Interventional cardiologists monitor cardiovascular functions including blood pressure and blood flow in significant arteries across the body and within the various heart chambers using a variety of diagnostic equipment and imaging techniques. Interventional cardiology devices are used to treat various cardiovascular conditions such as adult congenital heart disease, coronary artery disease, valvular heart disease, atrial fibrillation, and peripheral vascular disease. The rising geriatric population and increasing incidence of cardiovascular diseases can drive the adoption of interventional cardiology devices that utilize Inflation devices.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Inflation Devices Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Inflation Devices from 2019 to 2031. This will also help to analyze the demand for Inflation Devices across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Display Type of Inflation Devices are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Inflation Devices market report 2024 Edition by contacting our team.
Hospitals and clinics dominated the worldwide inflation devices market revenue share:
End User segments the market into Hospitals and Clinics, Ambulatory Surgical Centers, and Other End Users. In which Hospitals and Clinics held the largest market share.
Inflation devices are widely used in hospitals because of the rising cases of cardiovascular disorders and the increasing cases of urological disorders. In hospitals, highly qualified healthcare personnel are present to monitor the health condition of patients, together with the availability of various Inflation devices and medical technology is fueling the expansion of this market. Hospitals also serve a larger patient base and can handle complicated treatments, all of that is contributing to the Inflation device market expansion.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Inflation Devices Market is witnessing significant growth in the near future.
In 2023, the Interventional Cardiology segment accounted for noticeable share of global Inflation Devices Market and is projected to experience significant growth in the near future.
The Analog Display segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Boston Scientific Corporation , Cardinal Health and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Application | Interventional Cardiology, Interventional Radiology, Gastroenterology Procedures, Peripheral Vascular Procedures, Urology Procedures, Other Applications |
Display Type | Analog Display, Digital Display |
End User | Hospitals and Clinics, Ambulatory Surgical Center, Other End Users |
List of Competitors | Boston Scientific Corporation, Teleflex Incorporated, Cardinal Health, Merit Medical Systems, CONMED Corporation, Johnson & Johnson Services Inc., Medtronic plc, ARGON MEDICAL, Becton Dickinson and Company, B. Braun SE, Olympus Corporation, among others. |
This chapter will help you gain GLOBAL Market Analysis of Inflation Devices. Further deep in this chapter, you will be able to review Global Inflation Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Inflation Devices Market Trends North America Inflation Devices Technological Road Map North America Inflation Devices Market Drivers North America Inflation Devices Market Restraints North America Inflation Devices Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
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Chapter 11 Market Split by Display Type Analysis 2019 -2031
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Chapter 12 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Inflation Devices market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Interventional Cardiology have a significant impact on Inflation Devices market? |
What are the key factors affecting the Interventional Cardiology and Interventional Radiology of Inflation Devices Market? |
What is the CAGR/Growth Rate of Analog Display during the forecast period? |
By type, which segment accounted for largest share of the global Inflation Devices Market? |
Which region is expected to dominate the global Inflation Devices Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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