Global Inflation Device Market, By Display Type (Analogue Inflation Device, Digital Inflation Devices), Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterological Procedures, Urological Procedures, Others), Capacity (20ml Inflation Devices, 25ml Inflation Devices, 30ml Inflation Devices, 60ml Inflation Devices), Function (Fluid Delivery, Stent Deployment), End-User (Hospitals, Clinics, Interventional Laboratories), Distribution Channel (Direct, Retail), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Inflation Device Market
The inflation device market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 5.20% in the above-mentioned forecast period. Rise in the geriatric population drives the inflation device market.
Inflation devices are the type of devices which are used for numerous surgical procedures which include intervention radiology, intervention cardiology, and peripheral vascular surgical procedures such as angioplasty, angiography, thrombosis, and embolization. Inflation devices available in the market can be used for different pressures and different capacities.
Rise in the preference for minimally invasive surgeries is the vital factor escalating the market growth, also rise in the favourable reimbursement scenario for cardiovascular procedures, increase in the adoption of minimally invasive procedures and increase in the healthcare expenditure worldwide are the major factors among others driving the inflation device market. Moreover, increase in the awareness about hospital-acquired infections, rising adoption of disposable accessories and increase in the technological advancements and modernization in the healthcare sector will further create new opportunities for inflation device market in the forecasted period of 2021-2028.
However, rise in the availability of effective alternative treatments and high rate of reprocessing inflation devices are the major factors among others which will obstruct the market growth, and will further challenge the growth of inflation device market in the forecast period mentioned above.
The inflation device market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the inflation device market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Inflation Device Market Scope and Market Size
The inflation device market is segmented on the basis of display type, application, capacity, function, end-user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of display type, the inflation device market is segmented into analogue inflation device and digital inflation devices.
- Based on application, the inflation device market is segmented into interventional cardiology, interventional radiology, peripheral vascular procedures, gastroenterological procedures, urological procedures and others.
- Based on capacity, the inflation device market is segmented into 20ml inflation devices, 25ml inflation devices, 30ml inflation devices and 60ml inflation devices.
- Based on function, the inflation device market is segmented into fluid delivery and stent deployment.
- Based on end-user, the inflation device market is segmented into hospitals, clinics and interventional laboratories.
- Based on distribution channel, the inflation device market is segmented into direct and retail.
Inflation Device Market Country Level Analysis
The inflation device market is analysed and market size insights and trends are provided by country, display type, application, capacity, function, end-user and distribution channel as referenced above.
The countries covered in the inflation device market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the inflation device market due to surge in number of surgical procedures, rise in the favourable reimbursement scenario for cardiovascular procedures and increase in the adoption of minimally invasive procedures in this region. Asia-Pacific is the expected region in terms of growth in inflation device market due to rise in the geriatric population and increase in the preference for minimally invasive surgeries in this region.
The country section of the inflation device market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The inflation device market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for inflation device market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the inflation device market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Inflation Device Market Share Analysis
The inflation device market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to inflation device market.
The major players covered in the inflation device market report are Boston Scientific Corporation, Olympus Corporation, Medtronic, Teleflex Incorporated, Conmed Corporation, Merit Medical Systems, B. Braun Melsungen AG, BD, Advanced Lifesciences PVT. LTD., Acclarent, Inc., Accura, SMT, Elite Medtek (Jiangsu) Co. Ltd, Atrion Corporation, US Endovascular, Smiths Group plc, Nucryo Vascular LLC, Spectrum Medtech Pvt. Ltd, Beijing Demax Medical Technology Co.,Ltd, Cook, Medorah Meditek Pvt. Ltd and Perouse Medical among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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