North America Inflation Device Market, By Type (Analogue Inflation Device, Digital Inflation Devices), Capacity (20ml Inflation Devices, 25ml Inflation Devices, 30ml Inflation Devices, 60ml Inflation Devices), Function (Fluid Delivery, Stent Deployment), Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterological Procedures, Urological Procedures, Others), End User (Hospitals, Clinics, Interventional Laboratories), Distribution Channel (Direct, Retail), Country (U.S., Canada, Mexico, Rest of North America) – Industry Trends and Forecast to 2028.
Market Analysis and Insights: North America Inflation Device Market
The inflation device market is expected to witness market growth at a rate of 3.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report on inflation device market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in healthcare sector globally is escalating the growth of inflation device market.
Inflation devices are referred to as the type of medical devices that are widely used for filling and emptying of balloons for the surgical procedures. Inflation devices work by producing atmospheric pressure at a certain preset limit. The amount of pressure applied is displayed on the device, and these devices are found in various displays such as digital displays and analogue displays.
The surge in geriatric population across the region acts as one of the major factors driving the growth of inflation device market. The rise in preference for minimally invasive surgeries as these surgical procedures require smaller incisions which results in less scarring, and increase in number of surgical procedures accelerate the market growth. The surge in prevalence of cardiovascular diseases among population, and presence of favorable reimbursement scenario for cardiovascular procedures further influence the market. Additionally, increase in population, growth in awareness, development in the healthcare infrastructure, medical reimbursement for minimally invasive procedures, rise in venture capital investments and supportive government policies positively affects the inflation device market. Furthermore, adoption of disposable accessories extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the reprocessing inflation devices and availability of effective alternative treatments are expected to obstruct the market growth. Presence of local manufacturers and pricing pressure are projected to challenge the inflation device market in the forecast period of 2021-2028.
This 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 localized 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 inflation device market Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Inflation Device Market Scope and Market Size
The inflation device market is segmented on the basis of type, capacity, function, application, end user and distribution channel. The growth amongst these segments will help you analyze 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 type, the inflation device market is segmented into analogue inflation devices and digital inflation devices.
- On the basis of capacity, the inflation device market is segmented into 20ml inflation devices, 25ml inflation devices, 30ml inflation devices and 60ml inflation devices.
- On the basis of function, the inflation device market is segmented into stent deployment and fluid delivery.
- On the basis of application, the inflation device market is segmented into interventional cardiology, peripheral vascular procedures, interventional radiology, urological procedures, gastroenterological procedures and others.
- On the basis of end user, the inflation device market is segmented into hospitals, interventional laboratories and clinics.
- On the basis of distribution channel, the inflation device market is segmented into direct and retail.
North America Inflation Device Market Country Level Analysis
The inflation device market is analyzed and market size insights and trends are provided by country, type, capacity, function, application, end user and distribution channel as referenced above.
The countries covered in the North America inflation device market report are U.S., Canada and Mexico in North America.
U.S. dominates the North America inflation device market due to rise in rise in prevalence of cardiovascular diseases within the region. Canada is projected to witness high growth during the forecast period of 2021 to 2028 because of the increase in healthcare expenditure in the region.
The country section of the 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
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, Asia-Pacific 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., Perouse Medical, among others.