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Inflation Device Market: Size, Share, Trends & Forecast (2024-2029)

The market report presents a thorough analysis segmented by Display Type (Analog, Digital); by Capacity (20ml, 30ml, 60ml); by Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterology Procedures, Urology Procedures, Others); by End User (Hospitals & Clinics, Ambulatory Surgical Centers); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).

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Outlook 

Global Inflation Device Market Size
Global Inflation Device Market Size 
  • The inflation device market is estimated to be at USD 631.47 Mn in 2024 and is anticipated to reach USD 786.95 Mn in 2029. 
  • The inflation device market is registering a CAGR of 4.5% during the forecast period of 2024-2029. 
  • The inflation device market is expanding rapidly due to the growing demand for minimally invasive surgeries and advancements in medical technology. Key drivers include the rising prevalence of chronic diseases and increased healthcare spending globally. 
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Ecosystem 

Global Inflation Device Market Share
Global Inflation Device Market Share 
  • The participants in the global inflation device industry are always developing their strategies to preserve a competitive advantage.  
  • With numerous players in the market, price wars have become a common strategy to attract budget-conscious hospitals. Companies often offer bundled deals for inflation devices alongside other surgical equipment to drive sales. 
  • Several important entities in the inflation device market include Merit Medical Systems, Inc.; Boston Scientific Corp.; Cardinal Health, Inc.; CONMED Corp.; Medtronic, Inc.; and others. 
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Findings 

Attributes Values 
Historical Period 2018-2022  
Base Year 2023 
Forecast Period 2024-2029   
Market Size (2024) USD 631.47 Mn 
Market Size (2029) USD 786.95 Mn 
Growth Rate 4.5% CAGR from 2024 to 2029 
Key Segments Display Type (Analog, Digital); Capacity (20ml, 30ml, 60ml); Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterology Procedures, Urology Procedures, Others); End User (Hospitals & Clinics, Ambulatory Surgical Centers); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa) 
Key Vendors Merit Medical Systems, Inc.; Boston Scientific Corp.; Cardinal Health, Inc.; CONMED Corp.; Medtronic, Inc. 
Key Countries The US; Canada; Mexico; Brazil; Argentina; Colombia; Chile; China; India; Japan; South Korea; The UK; Germany; Italy; France; Spain; Turkey; UAE; Saudi Arabia; Egypt; South Africa 
Largest Market North America 
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Trends  

  • Shift Towards Digital Inflation Devices: Digital inflation devices, known for their precise pressure control and real-time monitoring capabilities, are becoming increasingly prevalent. The Blue Diamond digital inflation device by Merit Medical is a specialized tool designed to enhance the precision and safety of various medical procedures, particularly those involving the inflation of balloons during angioplasty and other interventional radiology procedures. 
  • Integration with Imaging Systems: Inflation devices are increasingly being integrated with advanced imaging systems to provide synchronized and real-time pressure data during medical procedures. This integration allows for more precise control and monitoring, ensuring that clinicians can make better-informed decisions during complex interventions, ultimately improving patient outcomes and procedural efficiency. 
  • Increased Focus on Ergonomics: Manufacturers are focusing on the ergonomic design of inflation devices to reduce operator fatigue and improve ease of use. Devices like the Terumo Sphinx are designed with user-friendly interfaces and comfortable grips, enhancing usability in lengthy procedures. 
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Catalysts 

  • Increasing Prevalence of Chronic Diseases: The rise in cardiovascular and orthopedic conditions drives demand for minimally invasive surgeries using inflation devices. Balloon catheters in angioplasties have become critical in heart treatments. 
  • Growing Focus on Minimally Invasive Surgeries: The preference for less invasive procedures boosts the adoption of inflation devices in surgical interventions. Laparoscopic surgeries widely use inflation devices to expand cavities for better visualization. 
  • Rising Healthcare Expenditure: Increased investment from both government and private sectors in healthcare is significantly accelerating the adoption of advanced medical equipment, including inflation devices. These investments provide the financial support necessary for healthcare facilities to upgrade their technology, which enables them to deliver more precise, efficient, and safer patient care. 
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Restraints 

  • Regulatory Compliance: Inflation devices, especially those used in medical and industrial applications, must meet stringent regulatory standards. Compliance with regulations from bodies like the FDA (for medical devices) or ISO standards can be complex and costly. 
  • High Production Cost: High production costs and pricing pressures from competitors can impact profitability. Manufacturers must balance quality and cost while remaining competitive in pricing. 
  • Availability of effective alternative treatments: The availability of effective alternative treatments poses a challenge in the inflation devices market, as healthcare providers may opt for less expensive or more familiar methods over advanced inflation technology. 
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Hotspot 

Global Landscape of Inflation Device Market
Global Landscape of Inflation Device Market 
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Table of Contents 

1.       Introduction 
       1.1.    Research Methodology 
       1.2.    Scope of the Study 
2.       Market Overview / Executive Summary 
       2.1.    Global Inflation Device Market (2018 – 2022) 
       2.2.    Global Inflation Device Market (2023 – 2029) 
3.       Market Segmentation 
       3.1.    Global Inflation Device Market by Display Type 
              3.1.1.    Analog 
              3.1.2.    Digital 
       3.2.    Global Inflation Device Market by Capacity 
              3.2.1.    20ml 
              3.2.2.    30ml 
              3.2.3.    60ml 
       3.3.    Global Inflation Device Market by Application 
              3.3.1.    Interventional Cardiology 
              3.3.2.    Interventional Radiology 
              3.3.3.    Peripheral Vascular Procedures 
              3.3.4.    Gastroenterology Procedures 
              3.3.5.    Urology Procedures 
              3.3.6.    Others 
       3.4.    Global Inflation Device Market by End User 
              3.4.1.    Hospitals & Clinics 
              3.4.2.    Ambulatory Surgical Centres 
4.       Regional Segmentation 
       4.1.    North America 
              4.1.1.    The US 
              4.1.2.    Canada 
              4.1.3.    Mexico 
       4.2.    South America 
              4.2.1.    Brazil 
              4.2.2.    Argentina 
              4.2.3.    Colombia 
              4.2.4.    Chile 
              4.2.5.    Rest of South America 
       4.3.    Asia Pacific 
              4.3.1.    China 
              4.3.2.    India 
              4.3.3.    Japan 
              4.3.4.    South Korea 
              4.3.5.    Rest of Asia Pacific 
       4.4.    Europe 
              4.4.1.    The UK  
              4.4.2.    Germany 
              4.4.3.    Italy 
              4.4.4.    France 
              4.4.5.    Spain 
              4.4.6.    Rest of Europe 
       4.5.    The Middle East 
              4.5.1.    Turkey 
              4.5.2.    UAE 
              4.5.3.    Saudi Arabia 
              4.5.4.    Rest of the Middle East 
       4.6.    Africa 
              4.6.1.    Egypt 
              4.6.2.    South Africa 
              4.6.3.    Rest of Africa 
5.       Value Chain Analysis of the Global Inflation Device Market 
6.       Porter Five Forces Analysis 
       6.1.    Threats of New Entrants 
       6.2.    Threats of Substitutes 
       6.3.    Bargaining Power of Buyers 
       6.4.    Bargaining Power of Suppliers 
       6.5.    Competition in the Industry 
7.       Trends, Drivers and Challenges Analysis 
       7.1.    Market Trends 
       7.1.1.    Market Trend 1 
       7.1.2.    Market Trend 2 
       7.1.3.    Market Trend 3 
       7.2.    Market Drivers 
       7.2.1.    Market Driver 1 
       7.2.2.    Market Driver 2 
       7.2.3.    Market Driver 3 
       7.3.    Market Challenges 
       7.3.1.    Market Challenge 1 
       7.3.2.    Market Challenge 2 
       7.3.3.    Market Challenge 3 
8.       Opportunities Analysis 
       8.1.    Market Opportunity 1 
       8.2.    Market Opportunity 2 
       8.3.    Market Opportunity 3 
9.       Competitive Landscape 
       9.1.    Merit Medical Systems, Inc. 
       9.2.    Boston Scientific Corp. 
       9.3.    Cardinal Health, Inc. 
       9.4.    CONMED Corp. 
       9.5.    Medtronic, Inc. 
       9.6.    Company 6 
       9.7.    Company 7 
       9.8.    Company 8 
       9.9.    Company 9 
       9.10.  Company 10 
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Inflation Device Market – FAQs 

1.  What is the current size of the inflation device market? 

Ans. In 2024, the inflation device market size is $631.47 Mn. 

2.  Who are the major vendors in the inflation device market?  

Ans. The major vendors in the inflation device market are Merit Medical Systems, Inc.; Boston Scientific Corp.; Cardinal Health, Inc.; CONMED Corp.; Medtronic, Inc. 

3.  Which segments are covered under the inflation device market segments analysis?  

Ans. The inflation device market report offers in-depth insights into Display Type, Capacity, Application, End User, and Geography. 

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