Inflation Devices Market Synopsis:
Inflation Devices Market Size Was Valued at USD 605.12 Million in 2023, and is Projected to Reach USD 922.77 Million by 2032, Growing at a CAGR of 4.80% From 2024-2032
The market for inflation devices is primarily constituted by certain medical and industrial equipment used in applications that require the application of consistent pressure as in blood pressure monitoring apparatus, angioplasty balloon catheters and pneumatic compression devices. They can be operated manually or by program controls and they are essential for diagnosis procedures as well as in therapeutic means for controlling diversified diseases and serving several industrial processes.
Increasing Prevalence of Chronic Diseases: Another major factor that is adding to a rapid increase in the inflation devices market is definitely the increasing prevalence of chronic ailment including hypertension, cardiovascular disorders, and respiratory diseases. With the aging population globally, the need for good monitoring and treatment needs has seen inflation devices adopted widely in the health care facilities.
Technological Advancements: Market development is also coming from innovations in the field of inflation device technology, including new devices that are more precise and easier to manage than their counterparts. Other attributes like automatic inflation, wireless option, compatibility with digital health platforms can increase convenience and patients’ interest making a market growth even more accelerated.
Inflation Devices Market Trend Analysis:
Focus on Home Healthcare
- Smart technology Integration Smart connected, and smart healthcare is gradually becoming a reality in the inflation devices market. Some of the presented manufacturing features include the usage of Bluetooth connection and the possibility of downloading mobile applications allowing patients and caregivers to monitor the data and analyze it in real time mode. The self-education trend not only brings more effective patient compliance and better results, but also appeals to the entire healthcare process.
- The patient preference towards comfortable environment is enhancing the scope of home healthcare solutions. This has made it easy for manufacturers to come up with portable and ease to use inflation devices meant for use at homes. The continual growth of health-conscious people, especially busy individuals and chronic disease patients, is creating interest in these devices for home healthcare.
Regulatory Support for Medical Devices
- Emerging Markets The devices for inflation increase is a potential market in the emerging economy nations. Due to the development of such healthcare infrastructure and emerging needs for higher end medical product, there is a vast prospect for the growth of the market. This means that firms will be in a position to employ local distributors for successful entry into these markets.
- Medical Devices getting Regulatory Boost Enthusiasm towards medical innovation and the resultant support from the governmental authorities is paving the way for medical devices that will fuel the market growth. Some of the key regulatory authorities are speeding up the procedure to approve such products and supporting the development of new and enhanced kinds of inflation devices that present manufacturers with rich possibilities to launch new products.
Inflation Devices Market Segment Analysis:
Inflation Devices Market is Segmented on the basis of Device Type, Product, Application, End user, and Region
By Device Type, Manual Inflation Devices segment is expected to dominate the market during the forecast period
- The inflation devices market by device type includes manual inflation devices and automatic inflation devices. Discreet devices refer to those that allow the user to inflate them; this is done by applying pressure using a pump mechanism allowing the operator to control the manner in which it is being done. These devices are often less costly and do not need to be connected to batteries or other power supply; which would make them ideal for these uses. Alternatively, there are devices such as automatic inflating devices which employ the electronic systems where it inflates and deflates automatically that is convenient especially to the patient or the next doctor attending on him or her or at any time when the pressure is on. Easy to use devices arise with extra enhancement including display, memory and health digital systems making these devices to be more effective and user-friendly.
By Application, Medical Applications segment expected to held the largest share
- The inflation devices market analyzed by application for medical and industrial application. Most of the medical application of these devices are for diagnosis and treatment of different diseases including hypertension, cardiovascular diseases, angioplasty and pneumatic compression therapy. It has a central function in the improvement of the quality of patient treatment by providing correct monitor readings and delivery of requisite treatment. In industry, inflation devices are used in many scenarios and fields, for example, manufacturing construction industry for the inflating of balloons, tires or any other inflatable goods. Their dependable and efficiency in regulating of pressure thereby ensuring safe and suitable environment when it comes to industrial application and processes.
Inflation Devices Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America: Opportunity Analysis: Market Leadership of North America North America has the greatest market share of inflammation devices owing to factors such as its enriched healthcare structure and infrastructure, high inclination towards the incorporation of advanced and technologically developed facility, and strict policy standards. The majority of such market players and recent investments in the development of research and innovation allow for the promotion of the latest inflation devices into the region.
- Increasing Pressure to Deliver the Affordable and High-Quality Healthcare Due to the high percentage of thegetVar population and the increasing rates of chronic diseases, the need for efficient monitoring and treatment is steadily increasing. On the same note, the awareness of the general public towards preventive measures has also promoted a constant use of these inflation devices, the North America market remains the most dominant market for inflation devices.
Active Key Players in the Inflation Devices Market:
- Abbott Laboratories (United States)
- Becton, Dickinson and Company (BD) (United States)
- Boston Scientific (United States)
- C. R. Bard, Inc. (United States)
- Cardinal Health (United States)
- ConvaTec Group (United Kingdom)
- Cook Medical (United States)
- Medtronic (Ireland)
- Philips Healthcare (Netherlands)
- Terumo Corporation (Japan)
- Other Active Players
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Global Inflation Devices Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 605.12 Million |
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Forecast Period 2024-32 CAGR: |
4.80 % |
Market Size in 2032: |
USD 922.77 Million |
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Segments Covered: |
By Device Type |
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By Product |
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By Application |
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By End user |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Inflation Devices Market by Device Type
4.1 Inflation Devices Market Snapshot and Growth Engine
4.2 Inflation Devices Market Overview
4.3 Manual Inflation Devices
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Manual Inflation Devices: Geographic Segmentation Analysis
4.4 Automatic Inflation Devices
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Automatic Inflation Devices: Geographic Segmentation Analysis
Chapter 5: Inflation Devices Market by Product
5.1 Inflation Devices Market Snapshot and Growth Engine
5.2 Inflation Devices Market Overview
5.3 Blood Pressure Monitors
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Blood Pressure Monitors: Geographic Segmentation Analysis
5.4 Pneumatic Compression Devices
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Pneumatic Compression Devices: Geographic Segmentation Analysis
5.5 Balloons for Angioplasty
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Balloons for Angioplasty: Geographic Segmentation Analysis
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Geographic Segmentation Analysis
Chapter 6: Inflation Devices Market by Application
6.1 Inflation Devices Market Snapshot and Growth Engine
6.2 Inflation Devices Market Overview
6.3 Medical Applications
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Medical Applications: Geographic Segmentation Analysis
6.4 Industrial Applications
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Industrial Applications: Geographic Segmentation Analysis
Chapter 7: Inflation Devices Market by End User
7.1 Inflation Devices Market Snapshot and Growth Engine
7.2 Inflation Devices Market Overview
7.3 Hospitals
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Hospitals: Geographic Segmentation Analysis
7.4 Clinics
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Clinics: Geographic Segmentation Analysis
7.5 Home Care Settings
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Home Care Settings: Geographic Segmentation Analysis
7.6 Others
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Others: Geographic Segmentation Analysis
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Benchmarking
8.1.2 Inflation Devices Market Share by Manufacturer (2023)
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Mergers and Acquisitions
8.2 MEDTRONIC (IRELAND)
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Role of the Company in the Market
8.2.5 Sustainability and Social Responsibility
8.2.6 Operating Business Segments
8.2.7 Product Portfolio
8.2.8 Business Performance
8.2.9 Key Strategic Moves and Recent Developments
8.2.10 SWOT Analysis
8.3 ABBOTT LABORATORIES (UNITED STATES)
8.4 BOSTON SCIENTIFIC (UNITED STATES)
8.5 PHILIPS HEALTHCARE (NETHERLANDS)
8.6 TERUMO CORPORATION (JAPAN)
8.7 CARDINAL HEALTH (UNITED STATES)
8.8 BECTON
8.9 DICKINSON AND COMPANY (BD) (UNITED STATES)
8.10 CONVATEC GROUP (UNITED KINGDOM)
8.11 COOK MEDICAL (UNITED STATES)
8.12 C. R. BARD INC. (UNITED STATES)
8.13 OTHER ACTIVE PLAYERS
Chapter 9: Global Inflation Devices Market By Region
9.1 Overview
9.2. North America Inflation Devices Market
9.2.1 Key Market Trends, Growth Factors and Opportunities
9.2.2 Top Key Companies
9.2.3 Historic and Forecasted Market Size by Segments
9.2.4 Historic and Forecasted Market Size By Device Type
9.2.4.1 Manual Inflation Devices
9.2.4.2 Automatic Inflation Devices
9.2.5 Historic and Forecasted Market Size By Product
9.2.5.1 Blood Pressure Monitors
9.2.5.2 Pneumatic Compression Devices
9.2.5.3 Balloons for Angioplasty
9.2.5.4 Others
9.2.6 Historic and Forecasted Market Size By Application
9.2.6.1 Medical Applications
9.2.6.2 Industrial Applications
9.2.7 Historic and Forecasted Market Size By End User
9.2.7.1 Hospitals
9.2.7.2 Clinics
9.2.7.3 Home Care Settings
9.2.7.4 Others
9.2.8 Historic and Forecast Market Size by Country
9.2.8.1 US
9.2.8.2 Canada
9.2.8.3 Mexico
9.3. Eastern Europe Inflation Devices Market
9.3.1 Key Market Trends, Growth Factors and Opportunities
9.3.2 Top Key Companies
9.3.3 Historic and Forecasted Market Size by Segments
9.3.4 Historic and Forecasted Market Size By Device Type
9.3.4.1 Manual Inflation Devices
9.3.4.2 Automatic Inflation Devices
9.3.5 Historic and Forecasted Market Size By Product
9.3.5.1 Blood Pressure Monitors
9.3.5.2 Pneumatic Compression Devices
9.3.5.3 Balloons for Angioplasty
9.3.5.4 Others
9.3.6 Historic and Forecasted Market Size By Application
9.3.6.1 Medical Applications
9.3.6.2 Industrial Applications
9.3.7 Historic and Forecasted Market Size By End User
9.3.7.1 Hospitals
9.3.7.2 Clinics
9.3.7.3 Home Care Settings
9.3.7.4 Others
9.3.8 Historic and Forecast Market Size by Country
9.3.8.1 Russia
9.3.8.2 Bulgaria
9.3.8.3 The Czech Republic
9.3.8.4 Hungary
9.3.8.5 Poland
9.3.8.6 Romania
9.3.8.7 Rest of Eastern Europe
9.4. Western Europe Inflation Devices Market
9.4.1 Key Market Trends, Growth Factors and Opportunities
9.4.2 Top Key Companies
9.4.3 Historic and Forecasted Market Size by Segments
9.4.4 Historic and Forecasted Market Size By Device Type
9.4.4.1 Manual Inflation Devices
9.4.4.2 Automatic Inflation Devices
9.4.5 Historic and Forecasted Market Size By Product
9.4.5.1 Blood Pressure Monitors
9.4.5.2 Pneumatic Compression Devices
9.4.5.3 Balloons for Angioplasty
9.4.5.4 Others
9.4.6 Historic and Forecasted Market Size By Application
9.4.6.1 Medical Applications
9.4.6.2 Industrial Applications
9.4.7 Historic and Forecasted Market Size By End User
9.4.7.1 Hospitals
9.4.7.2 Clinics
9.4.7.3 Home Care Settings
9.4.7.4 Others
9.4.8 Historic and Forecast Market Size by Country
9.4.8.1 Germany
9.4.8.2 UK
9.4.8.3 France
9.4.8.4 The Netherlands
9.4.8.5 Italy
9.4.8.6 Spain
9.4.8.7 Rest of Western Europe
9.5. Asia Pacific Inflation Devices Market
9.5.1 Key Market Trends, Growth Factors and Opportunities
9.5.2 Top Key Companies
9.5.3 Historic and Forecasted Market Size by Segments
9.5.4 Historic and Forecasted Market Size By Device Type
9.5.4.1 Manual Inflation Devices
9.5.4.2 Automatic Inflation Devices
9.5.5 Historic and Forecasted Market Size By Product
9.5.5.1 Blood Pressure Monitors
9.5.5.2 Pneumatic Compression Devices
9.5.5.3 Balloons for Angioplasty
9.5.5.4 Others
9.5.6 Historic and Forecasted Market Size By Application
9.5.6.1 Medical Applications
9.5.6.2 Industrial Applications
9.5.7 Historic and Forecasted Market Size By End User
9.5.7.1 Hospitals
9.5.7.2 Clinics
9.5.7.3 Home Care Settings
9.5.7.4 Others
9.5.8 Historic and Forecast Market Size by Country
9.5.8.1 China
9.5.8.2 India
9.5.8.3 Japan
9.5.8.4 South Korea
9.5.8.5 Malaysia
9.5.8.6 Thailand
9.5.8.7 Vietnam
9.5.8.8 The Philippines
9.5.8.9 Australia
9.5.8.10 New Zealand
9.5.8.11 Rest of APAC
9.6. Middle East & Africa Inflation Devices Market
9.6.1 Key Market Trends, Growth Factors and Opportunities
9.6.2 Top Key Companies
9.6.3 Historic and Forecasted Market Size by Segments
9.6.4 Historic and Forecasted Market Size By Device Type
9.6.4.1 Manual Inflation Devices
9.6.4.2 Automatic Inflation Devices
9.6.5 Historic and Forecasted Market Size By Product
9.6.5.1 Blood Pressure Monitors
9.6.5.2 Pneumatic Compression Devices
9.6.5.3 Balloons for Angioplasty
9.6.5.4 Others
9.6.6 Historic and Forecasted Market Size By Application
9.6.6.1 Medical Applications
9.6.6.2 Industrial Applications
9.6.7 Historic and Forecasted Market Size By End User
9.6.7.1 Hospitals
9.6.7.2 Clinics
9.6.7.3 Home Care Settings
9.6.7.4 Others
9.6.8 Historic and Forecast Market Size by Country
9.6.8.1 Turkiye
9.6.8.2 Bahrain
9.6.8.3 Kuwait
9.6.8.4 Saudi Arabia
9.6.8.5 Qatar
9.6.8.6 UAE
9.6.8.7 Israel
9.6.8.8 South Africa
9.7. South America Inflation Devices Market
9.7.1 Key Market Trends, Growth Factors and Opportunities
9.7.2 Top Key Companies
9.7.3 Historic and Forecasted Market Size by Segments
9.7.4 Historic and Forecasted Market Size By Device Type
9.7.4.1 Manual Inflation Devices
9.7.4.2 Automatic Inflation Devices
9.7.5 Historic and Forecasted Market Size By Product
9.7.5.1 Blood Pressure Monitors
9.7.5.2 Pneumatic Compression Devices
9.7.5.3 Balloons for Angioplasty
9.7.5.4 Others
9.7.6 Historic and Forecasted Market Size By Application
9.7.6.1 Medical Applications
9.7.6.2 Industrial Applications
9.7.7 Historic and Forecasted Market Size By End User
9.7.7.1 Hospitals
9.7.7.2 Clinics
9.7.7.3 Home Care Settings
9.7.7.4 Others
9.7.8 Historic and Forecast Market Size by Country
9.7.8.1 Brazil
9.7.8.2 Argentina
9.7.8.3 Rest of SA
Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies
Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research
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Global Inflation Devices Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 605.12 Million |
|
Forecast Period 2024-32 CAGR: |
4.80 % |
Market Size in 2032: |
USD 922.77 Million |
|
Segments Covered: |
By Device Type |
|
|
|
By Product |
|
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By Application |
|
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By End user |
|
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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