Orion Market Research Report Inflation Device Market | Page 2
cardiology and peripheral vascular surgical procedures including angioplasty, angiography, embolization,
thrombosis and so on. The inflated devices are used for the implementation in mainly gastroenterology,
pulmonary, and otolaryngology procedures. As these procedures require comparatively large-size
balloon, resulting in a huge amount of liquid for inflation. The increasing incidence of cardiac diseases
along with surgeries such as angioplasty, radiology, angiography, embolization, and thrombosis have been
favorable for the growth of this market.
Browse the full report description of “Inflation Device Market, by Display Type (Analog Inflation
Devices, Display Inflation Devices), by Application (Interventional Radiology, Interventional Cardiology,
Urological Procedures, Gastroenterological Procedures, Others), by End-User (Hospitals and Clinics,
Ambulatory Surgery Centers) - Global Industry Share, Growth, Competitive Analysis and Forecast, 2019
2025" at https://www.omrglobal.com/industry-reports/inflation-device-market
The favorable reimbursement for the medical conditions including minimally invasive procedures in the
developed and developing economies and rising application of inflation devices are the key factors driving
the growth for inflation devices market. According to the Journal of the American Medical Association
(JAMA), the increasing adoption of minimally invasive procedure in critical surgeries for instance that
includes Transcatheter Aortic Valve Replacement (TAVR) has led to the market growth. Some non-popular
category of surgeries includes open abdominal hysterectomy including laparoscopic hysterectomy and
vaginal hysterectomy, lumber puncture (spinal tap), and so on. Increasing demand for these surgeries has
increased the demand for the inflation devices market.
North America is expected to have a significant market share in the global inflation devices market
attributing the rising number of minimally invasive surgical procedures, development in the healthcare
facilities, and raising awareness about the Healthcare-Associated Infections (HAIs). However, Asia-Pacific
is expected to grow at a high rate in the market owing to the rise in the awareness of the people and
faster recovery after surgery. The US-based inflation device company, Merit Medical System, accounts the
significant share in the market attributing to the broad portfolio of digital inflation devices and analog
devices. The company focuses on organic and inorganic growth strategies to enhance its footprint in the
global market. Merit Medical is a major provider of digital inflation technology across the globe. In
addition, the company is one of the market leaders in the US for analog inflation devices. With its strong
product portfolio and wide geographic presence, the company is expected to grow at a high rate in the
near future.
Global Inflation Device Market: Segmentation
By Display Type
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Analog Inflation Devices
Display Inflation Devices