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Global Ballon Inflation Devices Market to reach USD 880 million by the end of 2030.

Global Ballon Inflation Devices Market Size study & Forecast, by Display Type (Analog Display, Digital Display), by Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterology Procedures, Urology Procedures, Others), by End-use (Hospitals & Clinics, Ambulatory Surgical Centers) and Regional Analysis, 2023-2030

Product Code: HLSMDE-98898495
Publish Date: 20-10-2023
Page: 200

Global Ballon Inflation Devices Market is valued at approximately USD 560 million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2023-2030. The global balloon inflation devices market is a part of the broader medical devices industry. These devices are used in various medical procedures, particularly in interventional cardiology and radiology, to inflate and deflate medical balloons. Medical balloons are used in procedures such as angioplasty, stent placement, and other minimally invasive surgeries to treat conditions such as coronary artery disease, peripheral vascular disease, and more. The demand for balloon inflation devices is closely linked to the prevalence of cardiovascular diseases worldwide. As these conditions continue to be a significant health concern, the need for related medical devices remains high. Also, the global aging population often leads to an increased incidence of cardiovascular diseases, which, in turn, can drive the demand for medical devices such as balloon inflation devices.

Interventional procedures, including angioplasty and stent implantation, are necessary for the treatment of CVDs, including coronary artery disease, peripheral artery disease, and valvular heart disease, which facilitate the use of balloon inflation devices. John Hopkins Medicine estimates that 850,000 angioplasties are carried out each year in the United States. While the American Heart Association Inc. estimates that every year in the United States, 600,000 coronary stents are implanted for percutaneous coronary procedures. Additionally, the market players may benefit financially from the rising incidence of cardiovascular disorders. The adoption of a favorable Medicare reimbursement scenario has a positive effect on balloon inflation devices. For instance, Medicare stated in February 2020 that it may pay for certain PCI procedures as an outpatient service in the United States. Furthermore, the trend towards minimally invasive procedures, which offer quicker recovery times and reduced patient trauma, has increased the demand for devices such as balloon inflation devices that are essential for these procedures. However, Stringent regulatory approval processes stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Ballon Inflation Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2022, North America dominated the market. Hospitals, clinics, and other healthcare facilities are all well-developed and modernized throughout North America. Additionally, the high prevalence of CVDs in the area fuels a demand for balloon-inflating equipment. Additionally,, over the course of the projection period, Asia Pacific is anticipated to see the fastest CAGR. The expansion is brought on by rising healthcare costs, improvements in medical technology, and an increase in the prevalence of CVDs among the elderly population. In addition, China and India are among the top nations that produce medical devices to meet the expanding domestic need.

Major market player included in this report are:
Boston Scientific Corporation
Merit Medical Systems Inc.
CONMED Corporation.
Medtronic Plc
Cook Group
Atrion Medical Products Inc
Becton, Dickson and Company
B. Braun Medical Inc.
US Endovascular, LLC
TZ Medical, Inc.

Recent Developments in the Market:
Ø In June 2023, SYNDEO Medical introduced the SATURN inflating device, which enables medical professionals to integrate the advantages of multiple products on a single platform.
Ø In November 2022, the basixALPHA inflation device, which enables one-handed operation, faster inflation, and less exertion qualities, was introduced by Merit Medical Systems, Inc. in the United States. This device allows for expediting angioplasty treatments.

Global Ballon Inflation Devices Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Display Type, Application, End Use, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Display Type:
Analog Display
Digital Display

By Application:
Interventional Cardiology
Interventional Radiology
Peripheral Vascular Procedures
Gastroenterology Procedures
Urology Procedures

By End-use:
Hospitals & Clinics
Ambulatory Surgical Centers

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Ballon Inflation Devices Market, by Region, 2020-2030 (USD Million)
1.2.2. Ballon Inflation Devices Market, by Display Type, 2020-2030 (USD Million)
1.2.3. Ballon Inflation Devices Market, by Application, 2020-2030 (USD Million)
1.2.4. Ballon Inflation Devices Market, by End Use, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ballon Inflation Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ballon Inflation Devices Market Dynamics
3.1. Ballon Inflation Devices Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing Prevalence of Cardiovascular Diseases Advancing quality of healthcare infrastructure Growing Geriatric Population
3.1.2. Market Challenges Stringent regulatory approval processes
3.1.3. Market Opportunities Trend towards minimally invasive procedures Advancements in Medical Technology
Chapter 4. Global Ballon Inflation Devices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Ballon Inflation Devices Market, by Display Type
5.1. Market Snapshot
5.2. Global Ballon Inflation Devices Market by Display Type, Performance – Potential Analysis
5.3. Global Ballon Inflation Devices Market Estimates & Forecasts by Display Type 2020-2030 (USD Million)
5.4. Ballon Inflation Devices Market, Sub Segment Analysis
5.4.1. Analog Display
5.4.2. Digital Display
Chapter 6. Global Ballon Inflation Devices Market, by Application
6.1. Market Snapshot
6.2. Global Ballon Inflation Devices Market by Application, Performance – Potential Analysis
6.3. Global Ballon Inflation Devices Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. Ballon Inflation Devices Market, Sub Segment Analysis
6.4.1. Interventional Cardiology
6.4.2. Interventional Radiology
6.4.3. Peripheral Vascular Procedures
6.4.4. Gastroenterology Procedures
6.4.5. Urology Procedures
6.4.6. Others
Chapter 7. Global Ballon Inflation Devices Market, by End Use
7.1. Market Snapshot
7.2. Global Ballon Inflation Devices Market by End Use, Performance – Potential Analysis
7.3. Global Ballon Inflation Devices Market Estimates & Forecasts by End Use 2020-2030 (USD Million)
7.4. Ballon Inflation Devices Market, Sub Segment Analysis
7.4.1. Hospitals & Clinics
7.4.2. Ambulatory Surgical Centers
Chapter 8. Global Ballon Inflation Devices Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Ballon Inflation Devices Market, Regional Market Snapshot
8.4. North America Ballon Inflation Devices Market
8.4.1. U.S. Ballon Inflation Devices Market Display Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 End Use breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Ballon Inflation Devices Market
8.5. Europe Ballon Inflation Devices Market Snapshot
8.5.1. U.K. Ballon Inflation Devices Market
8.5.2. Germany Ballon Inflation Devices Market
8.5.3. France Ballon Inflation Devices Market
8.5.4. Spain Ballon Inflation Devices Market
8.5.5. Italy Ballon Inflation Devices Market
8.5.6. Rest of Europe Ballon Inflation Devices Market
8.6. Asia-Pacific Ballon Inflation Devices Market Snapshot
8.6.1. China Ballon Inflation Devices Market
8.6.2. India Ballon Inflation Devices Market
8.6.3. Japan Ballon Inflation Devices Market
8.6.4. Australia Ballon Inflation Devices Market
8.6.5. South Korea Ballon Inflation Devices Market
8.6.6. Rest of Asia Pacific Ballon Inflation Devices Market
8.7. Latin America Ballon Inflation Devices Market Snapshot
8.7.1. Brazil Ballon Inflation Devices Market
8.7.2. Mexico Ballon Inflation Devices Market
8.8. Middle East & Africa Ballon Inflation Devices Market
8.8.1. Saudi Arabia Ballon Inflation Devices Market
8.8.2. South Africa Ballon Inflation Devices Market
8.8.3. Rest of Middle East & Africa Ballon Inflation Devices Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Boston Scientific Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Merit Medical Systems Inc
9.3.3. CONMED Corporation.
9.3.4. Medtronic Plc
9.3.5. Cook Group
9.3.6. Atrion Medical Products Inc
9.3.7. Becton, Dickinson and Company
9.3.8. B. Braun Medical Inc.
9.3.9. US Endovascular, LLC
9.3.10. TZ Medical, Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
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