Market Overview:
The global 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 inflation devices from hospitals, clinics, and other end-users. In addition, the growing awareness about the benefits of using inflation devices is also contributing to the growth of this market. Based on type, the global inflation devices market can be segmented into 20 mL, 30 mL, and 60 mL segments. The 20 mL segment is expected to account for a major share of this market in 2018 owing to its low cost and easy availability. However, with increasing demand for larger-sized balloons for more complex procedures, the 30 mL and 60 mL segments are projected to grow at a higher rate during the forecast period. Based on application, hospitals accounted for a major share of this market in 2017 due to their large patient base and growing need for medical equipment that helps improve patient care outcomes.
Product Definition:
Inflation devices are tools that allow you to inflate something, such as a balloon or a tire. They can be powered by air pressure, steam, or electricity. Inflation devices are important because they make it possible to inflate things without using muscle power. This can be helpful in many situations, such as when you need to blow up a balloon quickly or when you need to pump up a tire with no air in it.
20 mL:
20 mL is the smallest volume that can be used in an Inflatable Intestine Percutaneous Absorption (IPA) device. It has been reported that 20 mL of stomach fluid can contain as much as 50 grams of protein and 1.5 to 2 liters of water, depending on the amount and type of food consumed. The concentration varies with each patient due to variations in gastric emptying time among individuals, which may also affect absorption rate.
30 mL:
30 mL is the largest volume size available in the market. It is used for Inflatable Intubation Devices (IID) and Portable Airway Management Systems (PAAMS). PAAMS comes along with different sizes of airways such as small, medium, and large which can be changed according to patient’s needs. IID also has different sized airways such as small, medium & large & extra large which are used based on patients’ requirements.
Application Insights:
The others application segment held the largest share of over 50.0% in 2017. The other applications include laboratories, home care, and others. Hospitals are the major users of inflation devices as they provide an easy solution to raise the volume of gas without changing its composition which helps in maintaining a constant pressure within it during ventilation procedures thus making it easier for patients to breathe normally.
In addition, clinics and other healthcare facilities use these devices as they offer an economical alternative compared with hospitals especially if one is located far away from urban areas or has limited financial resources at hand. These inflation devices can be used for treating conditions such as asthma due to their ability to deliver precise amounts of medication through small tubes that fit into lungs thus helping patients breath better and experience relief from wheezing sounds along with improved lung function tests after using these products for a few months or years depending upon usage patterns.
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 region is expected to maintain its dominance over the forecast period due to factors such as increasing prevalence of chronic diseases and rising demand for highly accurate devices that meet higher standards of quality.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to a rise in healthcare expenditure coupled with an increase in demand for medical products & services. In addition, improving economic conditions are also likely contributors toward regional growth over this period. Moreover, government initiatives encouraging domestic manufacturing activities are expected favorably impact industry growth during this time frame.
Growth Factors:
- Increasing demand for Inflation Devices from the medical sector for the treatment of various diseases.
- Rising demand for Inflation Devices in the automotive industry to meet stringent emission norms.
- Growing popularity of Inflation Devices among consumers owing to their low cost and easy-to-use features.
- Proliferation of online retail platforms that offer a wide range of Inflation Devices at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inflation Devices Market Research Report
By Type
20 mL, 30 mL, 60 mL
By Application
Hospitals, Clinics, Others
By Companies
Medtronic, Boston Scientific, Cook Medical, B. Braun, Merit Medical, Spectranetics, Abbott Laboratories, C.R. Bard, Cordis Corporation, St. Jude Medical, Spectranetics International, Terumo Corporation, Volcano Corporation, Ambu
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Inflation Devices Market Report Segments:
The global 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
- Boston Scientific
- Cook Medical
- B. Braun
- Merit Medical
- Spectranetics
- Abbott Laboratories
- C.R. Bard
- Cordis Corporation
- St. Jude Medical
- Spectranetics International
- Terumo Corporation
- Volcano Corporation
- Ambu
Highlights of The 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 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?
Inflation devices are devices that are used to inflate an object, such as a balloon, using air.
Some of the major companies in the inflation devices market are Medtronic, Boston Scientific, Cook Medical, B. Braun, Merit Medical, Spectranetics, Abbott Laboratories, C.R. Bard, Cordis Corporation, St. Jude Medical, Spectranetics International, Terumo Corporation, Volcano Corporation, Ambu.
The inflation devices market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inflation Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inflation Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inflation Devices Market - Supply Chain
4.5. Global Inflation Devices Market Forecast
4.5.1. Inflation Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inflation Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inflation Devices Market Absolute $ Opportunity
5. Global Inflation Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inflation Devices Market Size and Volume Forecast by Type
5.3.1. 20 mL
5.3.2. 30 mL
5.3.3. 60 mL
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inflation Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inflation Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inflation Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inflation Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inflation Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inflation Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inflation Devices Demand Share Forecast, 2019-2026
9. North America Inflation Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inflation Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inflation Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inflation Devices Market Size and Volume Forecast by Type
9.7.1. 20 mL
9.7.2. 30 mL
9.7.3. 60 mL
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inflation Devices Demand Share Forecast, 2019-2026
10. Latin America Inflation Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inflation Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inflation Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inflation Devices Market Size and Volume Forecast by Type
10.7.1. 20 mL
10.7.2. 30 mL
10.7.3. 60 mL
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inflation Devices Demand Share Forecast, 2019-2026
11. Europe Inflation Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inflation Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inflation Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inflation Devices Market Size and Volume Forecast by Type
11.7.1. 20 mL
11.7.2. 30 mL
11.7.3. 60 mL
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inflation Devices Demand Share, 2019-2026
12. Asia Pacific Inflation Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inflation Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inflation Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inflation Devices Market Size and Volume Forecast by Type
12.7.1. 20 mL
12.7.2. 30 mL
12.7.3. 60 mL
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inflation Devices Demand Share, 2019-2026
13. Middle East & Africa Inflation Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inflation Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inflation Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inflation Devices Market Size and Volume Forecast by Type
13.7.1. 20 mL
13.7.2. 30 mL
13.7.3. 60 mL
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inflation Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Inflation Devices Market: Market Share Analysis
14.2. Inflation Devices Distributors and Customers
14.3. Inflation Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medtronic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Boston Scientific
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cook Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. Braun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Merit Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Spectranetics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Abbott Laboratories
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. C.R. Bard
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cordis Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. St. Jude Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Spectranetics International
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Terumo Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Volcano Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ambu
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
