Inflation Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Inflation Devices Market is segmented by Display Type (Analog Display and Digital Display), Application, End User and Geography

Market Snapshot

inflation-devices-market_Market Summary
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: >4.7 %

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Market Overview

The Inflation Devices Market is increasing due to certain factors such as the increased incidences of urological diseases, and cardiovascular diseases in the geriatric population. Also, a rise in the demand for minimally invasive procedures and medical reimbursement for minimally invasive procedures in developed regions contributed to the growth of the market. 

For instance, “Global Health And Wellness Report,” says that about 40% of the adult population in the United States have been diagnosed with a cardiovascular condition. As a result of the increase in higher demand for diagnosis and the presence of established healthcare infrastructure in developed countries, the inflation devices market was expected to grow during the forecast period.

Scope of the Report

As per the scope of the report, inflation device is a sterile device designed to inflate and regulate the pressure of a balloon dilatation catheter manually by injecting and aspirating fluid or air within the balloon, and to deflate the balloon during medical procedures like angioplasty. The pressure within the balloon can be measured.

By Display Type
Analog Display
Digital Display
By Application
Interventional Cardiology
Interventional Radiology
Peripheral Vascular Procedures
Gastroenterology Procedures
Urology Procedures
Other Application
By End User
Hospitals and Clinics
Ambulatory Surgical Center
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Analog Display Inflation Devices Segment is Expected to Hold the Largest Market Share

The analog display inflation devices segment is expected to account for a more significant share of the inflation devices market. The dominance in the revenue share of this segment is due to the low cost and portability of analog inflation devices. Also, an increase in the adoption of analog inflation devices by patients compared to that of Digital inflation devices fuel the growth of the market.

In the application segment, the growing prevalence of cardiovascular diseases, rising geriatric population, and the rising preference for minimally invasive surgeries are expected to fuel the demand for the interventional cardiology segment.

Cardiovascular global death.png

North America Dominates the Market and Expected to do Same in the Forecast Period

North America is anticipated to account for the largest share of the global inflation devices market. For instance, according to The American Heart Association, in 2018, nearly 92.1 million individuals in the U.S. suffered from cardiovascular diseases resultant higher demand for the angioplasty procedures, which drive the market in the region.

Followed by North America, Europe contributed to the second largest market share owing to growth in the number of new multi-specialty hospitals offering advanced procedures, favorable reimbursement scenario for angioplasty procedures. Globally, the Asia Pacific region is also expected to witness the fastest growth in the forthcoming years due to the presence of global and local players in the Chinese and Indian market.

Inflation Devices Market

Competitive Landscape

The inflation devices market is moderately competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some prominent players are vigorously making acquisitions with the other companies to consolidate their market positions across the globe and while others are distributing products. 

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increased Incidences of Urological Diseases and Cardiovascular Diseases in Geriatric Population

      2. 4.2.2 Rise in the Demand for Minimal Invasive Procedures and Medical Reimbursements in Developed Regions

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Procedures

      2. 4.3.2 Complications Associated in Procedures Such As Risk Of Infection and Bleeding

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Display Type

      1. 5.1.1 Analog Display

      2. 5.1.2 Digital Display

    2. 5.2 By Application

      1. 5.2.1 Interventional Cardiology

      2. 5.2.2 Interventional Radiology

      3. 5.2.3 Peripheral Vascular Procedures

      4. 5.2.4 Gastroenterology Procedures

      5. 5.2.5 Urology Procedures

      6. 5.2.6 Other Application

    3. 5.3 By End User

      1. 5.3.1 Hospitals and Clinics

      2. 5.3.2 Ambulatory Surgical Center

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Johnson & Johnson

      2. 6.1.2 Merit Medical Systems

      3. 6.1.3 Argon Medical Devices Inc

      4. 6.1.4 B. Braun Interventional Systems Inc

      5. 6.1.5 Teleflex Incorporated

      6. 6.1.6 Terumo Medical Corporation

      7. 6.1.7 CONMED Corporation

      8. 6.1.8 Medtronic Plc

      9. 6.1.9 Becton Dickinson and Company

      10. 6.1.10 Boston Scientific Corporation

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Inflation Devices Market market is studied from 2018 - 2026.

The Inflation Devices Market is growing at a CAGR of >4.7% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

B. Braun Interventional Systems Inc, Teleflex Incorporated, Merit Medical Systems, Argon Medical Devices, Johnson & Johnson are the major companies operating in Inflation Devices Market.

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