Market Overview:
The global balloon-inflation device market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of cardiovascular diseases. By type, the 20 mL balloon-inflation device segment is expected to dominate the market in terms of revenue share during the forecast period. This can be attributed to its low cost and easy availability as compared to other types of balloon-inflation devices. By application, hospitals are expected to account for a majority share of the global balloon-inflation device market in 2018.
Product Definition:
A balloon-inflation device is a medical tool used to inflate a balloon inside the body. The device is inserted into an opening in the body, such as the mouth or vagina, and then inflated with air or fluid. This allows doctors to examine and treat areas inside the body. The balloon-inflation device is often used during childbirth to help guide the baby out of the birth canal.
20 mL:
20 mL is the size of a typical balloon used in an Inflatable Airway Device (IAD) or inflatable breathing device. It is also the smallest volume that can be filled with compressed air and used to provide positive pressure ventilation to a patient.
30 mL:
30 mL is the largest volume size that can be used in a Balloon-Inflation Device (BID). It is also the most preferred volume size among healthcare professionals. 30 mL BIP vials are mostly preferred for injectable drugs due to their small and compact size.
The global 30 mL and it's usage in Balloon-Inflation Device market was valued at USD 6,700 million in 2018.
Application Insights:
The others application segment held the largest share of over 70.0% in 2017. The other applications include research institutes, airports and mass transit systems, social services, and industrial sites among others. Balloon-inflation devices are used for treating life-threatening conditions including respiratory problems and cardiac arrest where artificial ventilation is required.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. The U.S., which is at the forefront of this region, accounted for a major share in balloon-inflation device sales due to its advanced healthcare system and highly developed economy. In addition, increasing R&D activities by key players coupled with technological advancements are expected to fuel regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to factors such as improving economic conditions and rising medical tourism especially from South East Asian countries such as India & China & Malaysia etc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The balloon-inflation device market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these devices offer several advantages over traditional surgical procedures, such as shorter hospital stays and faster recoveries.
- Technological advancements: The balloon-inflation device market is expected to benefit from the ongoing technological advancements in this field. This is because new and innovative devices are being developed that offer better performance and safety profiles than older ones.
- Rising prevalence of cardiovascular diseases: The balloon-inflation device market is expected to benefit from the rising prevalence of cardiovascular diseases across the world. This is because these devices are often used in cardiac procedures to open blocked arteries or correct heart defects.
Scope Of The Report
Report Attributes
Report Details
Report Title
Balloon-Inflation Device Market Research Report
By Type
20 mL, 30 mL, 60 mL
By Application
Hospitals, Clinics, Others
By Companies
Medtronic, C.R. Bard, Boston Scientific, Cook Medical, Medline, Ambu, Argon Medical Devices, B Braun Medical, Cardinal Health, Conmed, Medtronic, Halyard Health, Hovertech International, Invotec International, Olympus, Omron Healthcare, Wallach Surgical Devices, Welch-Allyn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Balloon-Inflation Device Market Report Segments:
The global Balloon-Inflation Device market is segmented on the basis of:
Types
20 mL, 30 mL, 60 mL
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- C.R. Bard
- Boston Scientific
- Cook Medical
- Medline
- Ambu
- Argon Medical Devices
- B Braun Medical
- Cardinal Health
- Conmed
- Medtronic
- Halyard Health
- Hovertech International
- Invotec International
- Olympus
- Omron Healthcare
- Wallach Surgical Devices
- Welch-Allyn
Highlights of The Balloon-Inflation Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 20 mL
- 30 mL
- 60 mL
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Balloon-Inflation Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A balloon-inflation device (BID) is a machine that inflates latex or rubber balloons.
Some of the major companies in the balloon-inflation device market are Medtronic, C.R. Bard, Boston Scientific, Cook Medical, Medline, Ambu, Argon Medical Devices, B Braun Medical, Cardinal Health, Conmed, Medtronic, Halyard Health, Hovertech International, Invotec International, Olympus, Omron Healthcare, Wallach Surgical Devices, Welch-Allyn.
The balloon-inflation device market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Balloon-Inflation Device Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Balloon-Inflation Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Balloon-Inflation Device Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Balloon-Inflation Device Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Balloon-Inflation Device Market Size & Forecast, 2018-2028
4.5.1 Balloon-Inflation Device Market Size and Y-o-Y Growth
4.5.2 Balloon-Inflation Device Market Absolute $ Opportunity
Chapter 5 Global Balloon-Inflation Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Balloon-Inflation Device Market Size Forecast by Type
5.2.1 20 mL
5.2.2 30 mL
5.2.3 60 mL
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Balloon-Inflation Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Balloon-Inflation Device Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Balloon-Inflation Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Balloon-Inflation Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Balloon-Inflation Device Analysis and Forecast
9.1 Introduction
9.2 North America Balloon-Inflation Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Balloon-Inflation Device Market Size Forecast by Type
9.6.1 20 mL
9.6.2 30 mL
9.6.3 60 mL
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Balloon-Inflation Device Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Balloon-Inflation Device Analysis and Forecast
10.1 Introduction
10.2 Europe Balloon-Inflation Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Balloon-Inflation Device Market Size Forecast by Type
10.6.1 20 mL
10.6.2 30 mL
10.6.3 60 mL
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Balloon-Inflation Device Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Balloon-Inflation Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Balloon-Inflation Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Balloon-Inflation Device Market Size Forecast by Type
11.6.1 20 mL
11.6.2 30 mL
11.6.3 60 mL
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Balloon-Inflation Device Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Balloon-Inflation Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Balloon-Inflation Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Balloon-Inflation Device Market Size Forecast by Type
12.6.1 20 mL
12.6.2 30 mL
12.6.3 60 mL
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Balloon-Inflation Device Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Balloon-Inflation Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Balloon-Inflation Device Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Balloon-Inflation Device Market Size Forecast by Type
13.6.1 20 mL
13.6.2 30 mL
13.6.3 60 mL
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Balloon-Inflation Device Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Balloon-Inflation Device Market: Competitive Dashboard
14.2 Global Balloon-Inflation Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 C.R. Bard
14.3.3 Boston Scientific
14.3.4 Cook Medical
14.3.5 Medline
14.3.6 Ambu
14.3.7 Argon Medical Devices
14.3.8 B Braun Medical
14.3.9 Cardinal Health
14.3.10 Conmed
14.3.11 Medtronic
14.3.12 Halyard Health
14.3.13 Hovertech International
14.3.14 Invotec International
14.3.15 Olympus
14.3.16 Omron Healthcare
14.3.17 Wallach Surgical Devices
14.3.18 Welch-Allyn
