Inflation Devices Market, By Type (Digital Display and Analog Display), By Capacity (20 ml, 30 ml and 60 ml), By Application (Gastroenterological Procedures, Urological Procedures, Intervention Cardiology & Radiology and Peripheral Vascular Procedures), B

Inflation Devices Market, By Type (Digital Display and Analog Display), By Capacity (20 ml, 30 ml and 60 ml), By Application (Gastroenterological Procedures, Urological Procedures, Intervention Cardiology & Radiology and Peripheral Vascular Procedures), By End User (Hospitals, Clinics and Ambulatory Surgery Centers), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

The inflation devices market is a rapidly growing sector in the healthcare industry, driven by the increasing prevalence of cardiovascular diseases and the rising demand for minimally invasive procedures. Inflation devices are used in various medical procedures, such as angioplasty, stent placement, and balloon catheterization, to inflate and deflate balloons. These devices play a crucial role in ensuring the success of these procedures by providing accurate pressure control and precise inflation.

Market Dynamics:

The global inflation devices market is expected to witness significant growth during the forecast period (2023-2030). The inflation devices market is a significant segment of the medical devices industry, primarily used in interventional procedures such as angioplasty and stenting. These devices are designed to inflate and deflate balloons within catheters and stents to open up blocked arteries and restore blood flow. The global inflation devices market is witnessing substantial growth due to several factors. The increasing prevalence of cardiovascular diseases, coupled with the growing geriatric population, is a major driver for the market. As per the World Health Organization, cardiovascular diseases are the leading cause of death globally, which has led to a surge in demand for minimally invasive procedures like angioplasty, thereby boosting the market for inflation devices. Technological advancements are another key factor propelling the market growth.

Modern inflation devices come with features like digital displays, pressure relief valves, and ergonomic designs, enhancing their efficiency and ease of use. However, the market also faces certain challenges. The high cost of these devices and the risk of complications associated with their use may hinder market growth. Moreover, the lack of skilled professionals in developing regions can also pose a challenge. Key players in the inflation devices market include Medtronic, Boston Scientific Corporation, Becton, Dickinson and Company, among others. These companies are focusing on R&D activities, mergers, acquisitions, and collaborations to strengthen their market position. The future of the inflation devices market looks promising with the development of more advanced and user-friendly devices, and the increasing adoption of minimally invasive procedures worldwide.

Key features of the study:

• This report provides in-depth analysis of the global inflation devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global inflation devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Medtronic, Boston Scientific Corporation, Abbott, Teleflex Incorporated, Convatec Inc., Smiths Group plc, Cook, B. Braun SE, Cardinal Health and Stryker
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global inflation devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global inflation devices market

Detailed Segmentation:

• By Type
• Digital Display
• Analog Display
• By Capacity
• 20 ml
• 30 ml
• 60 ml
• By Application
• Gastroenterological Procedures
• Urological Procedures
• Intervention Cardiology & Radiology
• Peripheral Vascular Procedures
• By End User
• Hospitals
• Clinics
• Ambulatory Surgery Centers
• By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa
• Key Players
• Medtronic
• Boston Scientific Corporation
• Abbott
• Teleflex Incorporated
• Convatec Inc.
• Smiths Group plc
• Cook
• Braun SE
• Cardinal Health
• Stryker