Inflation Devices Market Definition
Inflation device is a device used for the inflation of balloons and stents during angioplasty procedures, and to measure the pressure within the balloon. It has various applications such as interventional cardiology, interventional radiology, peripheral vascular procedures, urological procedures, and gastroenterological procedures, among others.
The market study is broken down by Type (Analog Inflation Devices and Digital Inflation Devices), by Application (Interventional Cardiology, Interventional Radiology, Peripheral Vascular Procedures, Gastroenterological Procedures, Urological Procedures and Other Applications) and major geographies with country level splits.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Inflation Devices market throughout the predicted period.
Merit Medical Systems (United States), Boston Scientific Corporation (United States), Cardinal Health (United States), CONMED Corporation (United States), Medtronic Plc (Ireland), Acclarent Inc. (United States), Cook Medical (United States), Atrion Corporation (United States), Becton Dickinson and Company (United States), Terumo Medical Corporation (Japan) and B. Braun Melsungen AG (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Olympus Corporation (Japan), Teleflex Incorporated (United States) and US Endovascular (United States).
AdvanceMarketAnalytics has segmented the market of Global Inflation Devices market by Type, Application and Region.
On the basis of geography, the market of Inflation Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Inflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online Channel will boost the Inflation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In August 2019, Boston Scientific Corporation has announced the completion of its acquisition of BTG plc. pursuant to the previously announced scheme of arrangement. BTG develops and commercializes products used in minimally-invasive procedures targeting cancer and vascular diseases, as well as specialty pharmaceuticals.
- Technological Advancements in the Inflation Devices
- Increasing Adoption of Minimally Invasive Procedures
- Increasing Number of Geriatric Population
- Growth in the Health Care Industry
- Increasing Number of Hospitals and Clinics
- Availability of Alternative Treatments
- Presence of Local Manufacturers and Pricing Pressure
Key Target AudienceInflation Device Manufacturers, Raw Material Suppliers, Distributors and End-users
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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