About Disposable Inflation Devices
Disposable Inflation Devices are medical devices which are used to perform various cardiovascular procedures especially to maintain or monitor pressure in balloon catheter. It can also be used to deflate the balloon, after the completion of medical procedures such as dilation. Increasing diseases related to respiratory system, especially the recent surge in Covid pandemic related respiratory problem affected patients has led to sudden growth in demand for disposable inflation devices. This growth is expected to grow further with emergence of new deadly strains of Covid-19. Currently, Asia Pacific and North America are the two significant markets of Disposable Inflation Devices.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly decentralized and comprises numerous companies operating both regionally and globally. This report provides insights into the global market position, licensing agreements, product launches, and revenue status of each market participant. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Disposable 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), B. Braun (Germany), Boston Scientific Corporation (United States), Medtronic plc (Ireland), Argon Medical Devices Inc. (United States), Cook Medical LLC (United States), BD (United States), Teleflex Inc. (United States), Conmed Corporation (United States) and Abbott (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 Micro-Tech Co., Ltd. (China), Elite Medical (Australia) and Perouse Medical SAS (France).
Segmentation Overview
AMA Research has segmented the market of Global Disposable Inflation Devices market by Type (Capacity 20ml, Capacity 30ml, Capacity 60ml and Others), Application (Angioplasty and Cardiac Procedures and Endoscopy and Gastrointestinal Procedures) and Region.
On the basis of geography, the market of Disposable 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 Distribution Channel, the sub-segment i.e. Direct will boost the Disposable Inflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Hospitals will boost the Disposable Inflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Capacity 60ml are Steadily Rising in Demand
Market Growth Drivers:
Increasing Problems of Respiratory Diseases and New Strains of Covid Pandemic has led to Rising Conditions Similar to that of Hypoxia
Challenges:
Emergence of Counterfeited Products in the Market
Restraints:
Large Amount of Supply Shortages
Opportunities:
Asia Pacific and South America have Huge Potential to Grow Further
Market Leaders and their expansionary development strategies
In 2020, Medtronic plc, a world renowned medical device manufacturing company has announced completion of acquisition of Medicrea, which is a French med tech company specialising in application of AI for aiding Spinal Surgery planning, and robotic assisted surgeries. The acquisition will lead to vast technological superiority with Medtronic in the field of artificial intelligence driven surgeries and will offer integrated class of the art technology driven medical solutions.
In Nov. 2022 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading global manufacturer and marketer of healthcare technology, today announced U.S. commercial release of the basixALPHA™ Inflation Device.
Key Target Audience
Disposable Inflation Devices Manufacturers, Suppliers and Distributors, Components Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
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.