Market Overview:
The global medical inflation devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in medical inflation devices. Based on type, the global medical inflation devices market is segmented into 20 mL, 30 mL, and 60 mL devices. The 20 mL device segment is expected to account for the largest share of the global medical inflation devices market in 2018. This segment is also projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. This growth can be attributed to its low cost and easy availability compared with other types of medical inflation devices.
Product Definition:
A medical inflation device is a piece of equipment used to increase the air pressure in a patient's airway. This increases the blood flow to the brain and can help to prevent or treat a stroke.
20 mL:
20 mL is the smallest volume that can be used in an inflation device. It's a measure of pressure and vacuum, which is generated when air or other gas is compressed into a liquid state. The 20-mL syringe was designed for delivering anesthesia during surgery by means of intradermal injection.
30 mL:
30 mL is the largest volume size that can be used in medical inflation devices. It is also known as a drop or a minim. It contains about 60 to 90% of water, which has been proven to expand when put under pressure. 30 mL syringe can hold approximately 5 cc of liquid and it's small enough for most people to handle easily without any assistance from others.
It’s important that every patient gets an accurate diagnosis.
Application Insights:
Based on the application, the global medical inflation devices market is segmented into hospitals, clinics and other healthcare facilities. The hospitals segment dominated the overall market in terms of revenue in 2017. This high share is attributable to factors such as a large patient base and increasing prevalence of chronic diseases requiring long term care & treatment. In addition, a rise in government initiatives for improving healthcare infrastructure across various regions will further boost product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. The U.S., which is the most developed country in North America, accounted for a major share of revenue generation owing to its well-developed healthcare system and advanced medical research facilities. Moreover, increasing demand for noninvasive procedures such as balloon pumps that inflate airsoft balloons via remote control is driving regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period due to factors such as improving economic conditions leading to increased disposable income levels; growing population; rising awareness regarding availability of innovative products; and an increase in medical tourism activities supported by low costs associated with treatment at hospitals compared with those offered by other countries around the world (APAC 2015). In addition, developing economies such as India are witnessing rapid advancements in their healthcare sector (Kumar & Srivastava 2014).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical inflation devices market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays as compared to traditional open surgery procedures. This is driving the adoption of medical inflation devices globally.
- Rising prevalence of chronic diseases: The global medical inflation devices market is also driven by the rising prevalence of chronic diseases such as cancer, heart disease, and diabetes mellitus, which require regular monitoring and treatment. This is resulting in an increase in the number of surgical procedures being performed globally, thereby fueling growth in the medical inflation devices market.
- Technological advancements: The development of new technologies has led to the introduction of innovative products into the medical inflation devices market such as self-inflating airbags and electronic pressure regulators that offer better patient outcomes at lower costs than traditional methods used for inflating surgical balloons or packs (such as CO2 gas cylinders). This is contributing significantly to growth in this market segment over other segments within it such as manual pumps or compressed gas cylinders/tanks used for balloon/pack deflation purposes post-surgery . 4) Growing geriatric population: A large geriatric population (aged 65 years or above) suffering from various age-related health conditions is another key factor driving growth in this market segment since they are more
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Inflation Devices Market Research Report
By Type
20 mL, 30 mL, 60 mL
By Application
Hospitals, Clinics, Others
By Companies
Medtronic, C.R. Bard, Medtronic, Boston Scientific, Cook Medical, Medline, Ambu, Argon Medical Devices, B Braun Medical, Cardinal Health, Medtronic, Deroyal, 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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Medical Inflation Devices Market Report Segments:
The global Medical Inflation Devices 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
- Medtronic
- Boston Scientific
- Cook Medical
- Medline
- Ambu
- Argon Medical Devices
- B Braun Medical
- Cardinal Health
- Medtronic
- Deroyal
- Halyard Health
- Hovertech International
- Invotec International
- Olympus
- Omron Healthcare
- Wallach Surgical Devices
- Welch-Allyn
Highlights of The Medical Inflation Devices 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 Medical Inflation Devices 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?
Medical inflation devices are medical devices that use a gas to inflate or deflate an object.
Some of the major companies in the medical inflation devices market are Medtronic, C.R. Bard, Medtronic, Boston Scientific, Cook Medical, Medline, Ambu, Argon Medical Devices, B Braun Medical, Cardinal Health, Medtronic, Deroyal, Halyard Health, Hovertech International, Invotec International, Olympus, Omron Healthcare, Wallach Surgical Devices, Welch-Allyn.
The medical inflation devices 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 Medical Inflation Devices 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 Medical Inflation Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices Market Size & Forecast, 2018-2028
4.5.1 Medical Inflation Devices Market Size and Y-o-Y Growth
4.5.2 Medical Inflation Devices Market Absolute $ Opportunity
Chapter 5 Global Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices Analysis and Forecast
9.1 Introduction
9.2 North America Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Inflation Devices 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 Medical Inflation Devices 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 Medical Inflation Devices 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) Medical Inflation Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Inflation Devices 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) Medical Inflation Devices 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) Medical Inflation Devices 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 Medical Inflation Devices Market: Competitive Dashboard
14.2 Global Medical Inflation Devices 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 Medtronic
14.3.4 Boston Scientific
14.3.5 Cook Medical
14.3.6 Medline
14.3.7 Ambu
14.3.8 Argon Medical Devices
14.3.9 B Braun Medical
14.3.10 Cardinal Health
14.3.11 Medtronic
14.3.12 Deroyal
14.3.13 Halyard Health
14.3.14 Hovertech International
14.3.15 Invotec International
14.3.16 Olympus
14.3.17 Omron Healthcare
14.3.18 Wallach Surgical Devices
14.3.19 Welch-Allyn
