Inflation Device Market by Display Type (Analog Digital), Capacity (20ml, 30ml, 60ml), Application (Interventional Cardiology, Radiology, Peripheral Vascular, Urology), End User (Hospitals Clinics, Ambulatory Surgery Centers) - Forecasts to 2024", The inflation device market is projected to reach USD 600 Million by 2024 from USD 480 Million in 2019, at a Compound Annual Growth Rate (CAGR) of 4.7%. Rising adoption of balloon assisted surgeries that utilize inflation devices to inflate and deflate the balloon (such as angioplasty, angiography, balloon sinuplasty, catheter embolization) is the key factor fueling the demand for inflation devices. Moreover, growing healthcare expenditure, high patient awareness, and favorable reimbursement landscape in most of developed countries is also contributing to the market growth.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=127878960
Browse in-depth TOC on "Inflation Device Market”
78 – Tables
40 – Figures
137 – Pages
The digital display inflation devices segment to grow at fastest rate during the forecast period
Based on display type, the inflation devices market is segmented into digital and analog display inflation devices. The digital display inflation devices segment is expected to grow at faster CAGR during forecast period. The high growth of this segment can be attributed to the advanced display patterns and ease of use associated with these devices. Moreover, increasing number of local manufacturers manufacturing digital inflation devices at lower cost as compared to established market players is another important factor contributing to the segment growth.
Gastroenterological procedures segment to register the highest CAGR in the inflation devices market, by application during the forecast period
On the basis of applications, the inflation devices market is segmented into interventional cardiology, interventional radiology, peripheral vascular procedures, urological procedures, gastroenterological procedures, and other applications. The gastroenterological procedures segment is to be the fastest-growing segment during the forecast period. The demand for inflation devices in gastroenterological procedures is mainly driven by the increasing number of endoscopic procedures for disease diagnosis and the growing awareness among healthcare providers about the procedural benefits offered by minimally invasive and image-guided surgeries for gastrointestinal tract disease treatment.
Request Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=127878960
Key Market Players
The major players operating in the inflation devices market are Merit Medical Systems (US), Boston Scientific Corporation (US), Cardinal Health (US), CONMED Corporation (US), Medtronic plc (Ireland), Acclarent Inc. (US), Cook Medical (US), Atrion Corporation (US), Becton, Dickinson and Company (US), Terumo Medical Corporation (Japan), B. Braun Melsungen AG (US), Olympus Corporation (Japan), Teleflex Incorporated (US), and US Endovascular (US), among others.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=127878960
North America accounted for the largest share of the inflation devices market in 2019
The inflation devices market is segmented into four regional segments, namely, North America, Europe, Asia Pacific, and Rest of World. The growth of the geriatric and obese populations, which are more prone to cardiac disorders has boosted the adoption of diagnostic angiography and PCI procedures is the major factor driving the growth of this market. Moreover, the highly developed healthcare systems in the US and Canada and the presence of key inflation device manufacturers such as Merit Medical Systems, Medtronic, Cook Medical, CONMED Corporation, and Boston Scientific Corporation in the region have also contributed to the growth of this market.
Browse Adjacent Market: 3D Bioprinting Market Research Reports Consulting
Related Reports:
Industrial Evaporators Market by Construction Type (Shell Tube, Plate), End-use Industry (Food Beverage, Pharmaceutical, Chemical Petrochemical, Automotive), Functionality (Falling Film, Rising Film) Region - Global Forecast to 2027
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/inflation-device-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/inflation-device.asp
