United States Balloon-Inflation Medical Device Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.0 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The US Balloon-Inflation Medical Device Market has experienced significant growth in recent years, with industries across the healthcare sector increasingly relying on these devices for various medical procedures. Balloon-inflation devices, primarily used in angioplasty and other minimally invasive surgeries, have become essential tools for treating cardiovascular diseases, such as coronary artery disease. This surge in demand has created a need for advancements in technology, manufacturing, and distribution to keep pace with the growing market.
In the medical field, balloon-inflation devices are critical for procedures that require the expansion of narrowed or blocked arteries. The primary types of balloon-inflation devices include non-compliant and compliant balloons. Non-compliant balloons maintain their shape under high pressure, making them ideal for procedures that demand precise and controlled dilation, such as in coronary artery stenting. Compliant balloons, on the other hand, are more flexible and are commonly used in situations where softer, less aggressive inflation is required, such as in peripheral vascular treatments.
Industries relying on balloon-inflation medical devices include cardiovascular care centers, hospitals, and specialized surgical centers. The demand from these industries continues to rise as more patients undergo procedures such as balloon angioplasty. In fact, over 5 million procedures are performed annually worldwide, contributing significantly to the growth of the Balloon-Inflation Medical Device Market. This high demand is driven by the increasing prevalence of cardiovascular diseases and the growing adoption of minimally invasive surgical techniques.
As the market evolves, manufacturers are focusing on developing next-generation balloon-inflation devices that offer greater durability, better biocompatibility, and enhanced performance. Additionally, the rise in home-based healthcare and telemedicine has also influenced the demand for more compact, easy-to-use devices. This demand for innovative technologies highlights the ever-expanding potential of the Balloon-Inflation Medical Device Market, which plays a pivotal role in revolutionizing the treatment of various medical conditions.
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Medtronic
C.R. Bard
Boston Scientific
Cook Medical
Medline
Ambu
Argon Medical Devices
B Braun Medical
Cardinal Health
Conmed
Deroyal
Halyard Health
Hovertech International
Invotec International
Olympus
Omron Healthcare
Wallach Surgical Devices
Welch-Allyn
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Balloon-Inflation Medical Device Market
Angioplasty Balloons
Urology Balloons
Gastroenterology Balloons
Obstetrics and Gynecology Balloons
Other Specialty Balloons
Polyurethane
Polyethylene
Latex
Silicone
Other Composite Materials
Cardiovascular Procedures
Gastrointestinal Procedures
Urological Procedures
Pulmonary Procedures
Others (e.g., Neurological Procedures)
Hospitals
Ambulatory Surgical Centers (ASCs)
Diagnostic Laboratories
Specialty Clinics
Research & Academic Institutes
Direct Sales
Distributors and Wholesalers
E-commerce Platforms
Retail Pharmacies
Specialty Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Balloon-Inflation Medical Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Balloon-Inflation Medical Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Balloon-Inflation Medical Device Market, By Type
6. US Balloon-Inflation Medical Device Market, By Application
7. US Balloon-Inflation Medical Device Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Balloon-Inflation Medical Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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