About Inflation Devices
Inflation device is a device used for the inflation of balloons and stents during angioplasty procedures, and to measure the pressure within the balloon. It has various applications such as interventional cardiology, interventional radiology, peripheral vascular procedures, urological procedures, and gastroenterological procedures, among others.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.9% |
The inflation device market is expected to see continued growth in the coming years, driven by the increasing adoption of minimally invasive procedures and the rising demand for advanced medical technologies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Inflation Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merit Medical Systems (United States), Boston Scientific Corporation (United States), Cardinal Health (United States), CONMED Corporation (United States), Medtronic Plc (Ireland), Acclarent Inc. (United States), Cook Medical (United States), Atrion Corporation (United States), Becton Dickinson and Company (United States), Terumo Medical Corporation (Japan) and B. Braun Melsungen AG (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Olympus Corporation (Japan), Teleflex Incorporated (United States) and US Endovascular (United States).
Segmentation Overview
AMA Research has segmented the market of Global Inflation Devices market by Type (Analog Inflation Devices and Digital Inflation Devices), Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterological Procedures, Urological Procedures and Other Applications) and Region.
On the basis of geography, the market of Inflation Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Inflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Inflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Inflation Devices
Market Growth Drivers:
Increasing Adoption of Minimally Invasive Procedures and Increasing Number of Geriatric Population
Challenges:
Presence of Local Manufacturers and Pricing Pressure
Restraints:
Availability of Alternative Treatments
Opportunities:
Growth in the Health Care Industry and Increasing Number of Hospitals and Clinics
Market Leaders and their expansionary development strategies
In May 2023, Diageo & Smirnoff and Johnnie Walker announces a five-year business transformation program in partnership with SAP and IBM. The initiative, which marks the company’s most significant ever investment in technology and services, will redesign and improve Diageo’s processes across the 180 countries where it operates.
In June 2023, SYNDEO Medical design and development of fully integrated custom procedural solution products, is pleased to introduce the SATURN™ Inflation Device. This innovative platform brings a new level of innovation, versatility, and selection to interventional physicians worldwide. With its seamless integration into SYNDEOPack™ interventional procedure packs,
Key Target Audience
Inflation Device Manufacturers, Raw Material Suppliers, Distributors and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.