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Balloon Inflation Devices Market Trends

Report ID: GMI6487
Published Date: Aug 2023
Report Format: PDF

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Balloon Inflation Devices Market Trends

Advances in medical technology have led to the development of more advanced and sophisticated balloon inflation devices. These devices now offer features including precise pressure control, enhanced safety mechanisms, and compatibility with various catheter sizes and types. Furthermore, there is a growing preference for minimally invasive procedures among patients and healthcare providers due to reduced recovery times and complications. Balloon inflation devices are integral to these procedures, thus demand for such devices is high in the market.

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

In 2022, the global market for balloon inflation devices was reached USD 557.8 million in 2022 and is estimated to reach USD 977.1 million by 2032, owing to increasing adoption in the treatment of cardiovascular diseases.

The advanced analog display segment garnered USD 342.1 million in 2022 and is poised to witness high demand through 2032, due to the capability of these devices to accommodate various clinical circumstances and procedural demands.

U.S. balloon inflation devices industry crossed USD 191.5 million in 2022 and is set to grow at notable CAGR from 2023 to 2032, attributed to the presence of well-established healthcare infrastructure and advanced medical facilities in the country.

Boston Scientific Corporation, Merit Medical Systems, Medtronic, Cook Medical, Atrion Medical, BD, B. Braun Medical Inc., US Endovascular, LLC, and TZ Medical, Inc. among others.