Disposable Inflation Devices Market Size, Share, Growth, And Industry Analysis, By Type (Capacity 20ml, Capacity 30ml, Capacity 60ml and Others), By Application (Hospitals, Clinics and Others), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

DISPOSABLE INFLATION DEVICES MARKET REPORT OVERVIEW 

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The global disposable inflation devices market size is expected to be USD 531.9 million in 2022 and the market is projected to touch USD 832.27 million by 2031, exhibiting a Compound annual growth rate (CAGR) of 5.1% during the forecast (2024-2031). In the market study, our analysts have considered disposable inflation devices players such as Merit Medical, Boston Scientific, Cook Medical, Medtronic, B. Braun, BD, CONMED Corporation, Teleflex, Argon Medical, Acclarent (Johnson&Johnson), TZ Medical Inc., AngioDynamics and Atrion Medical Products.

The global COVID-19 pandemic has been unprecedented and staggering, with disposable inflation devices experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.

A medical gadget called a disposable inflating device is used to expand a patient's lungs. These gadgets are crucial because they can assist the sufferer breathe easier and get more oxygen. A compact, portable device that can be used to rapidly and conveniently inflate the lungs serves as the disposable inflation device. Depending on the patient's needs, the disposable inflation devices are typically composed of plastic or rubber and come in a variety of sizes. These tools are intended for use by medical professionals who practice a specialized area of medicine. Only professionals with the necessary training should be allowed to use these gadgets.

The rising demand for disposable inflation devices in hospitals and clinics, ambulatory surgery centers, and other end-user segments is credited with driving the market expansion. Type-wise, the market is divided into 20ml, 30ml, 60ml, and other capacity categories. Due to the increasing demand for this product in hospitals and clinics around the world, the capacity 30ml category is anticipated to grow at the greatest CAGR during the projection period. The adoption of disposable inflation devices in hospitals and clinics, as well as the rising need for minimally invasive surgeries, are factors that are fueling the growth of this market.

COVID-19 Impact: Delays in Hospitals due to Lockdowns to Hinder Market Growth

Hospitals around the world have been hit by the COVID-19 pandemic. Several hospitals have reduced or delayed non-emergency care. This has both financial and medical repercussions for the hospitals as well as the patients they serve. Global health and social systems are having trouble keeping up. In humanitarian, fragile, and low-income country environments, where social and health systems are already deficient, the situation is more difficult. Health care facilities are frequently closing or reducing their offerings.

Latest Trends

"Single-Use Gadget Feature to Attract Customers "

30 ml in several medical procedures, disposable inflation devices are used to fill balloons with air. A syringe, tubing, and an inflation port that can be linked to the balloon catheter are the standard components of these devices. In a range of medical operations, including angioplasty and stent implantation, the disposable, single-use gadget is used to inflate balloons. During endoscopic treatments, they are also used to fill balloons with air.

DISPOSABLE INFLATION DEVICES MARKET SEGMENTATION 

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• By Type Analysis

According to type, the market can be segmented into Capacity 20ml, Capacity 30ml, Capacity 60ml and Others

In terms of product, Capacity 20ml is the largest segment.

• By Application Analysis

Based on application, the market can be divided into hospitals, clinics and others.

In terms of application, hospitals are the largest segment.

Driving Factors

"Rising Incidence of Infectious Disorders to Propel Market Growth"

Hospitals and clinics, ambulatory surgery centers, and other healthcare facilities make up the three application-based segments of the global disposable inflation devices market. Due to the rising incidence of infectious disorders that require daily medicine, the hospitals and clinics segment has dominated the market. Also, a rise in surgical procedures has generated a need for disposables in hospitals around the world. Throughout the projected period, Ambulatory Surgical Centers (ASCs) are anticipated to experience the quickest growth. ASCs are becoming more prevalent, particularly in industrialized nations, which has increased the need from these facilities for disposables. Also, over the next eight years, this market is projected to rise as a result of people's increasing knowledge of the importance of preventive healthcare.

"Large Capacity of the Device to Accelerate Market Growth"

Single-use inflators called Disposable Inflation Devices of Capacity 60ml are used for medical balloon dilating and other treatments. They enable a medical expert to quickly and safely inflate a balloon in order to carry out an operation, such as angioplasty or stenting. They include a disposable cartridge with pressurized gas and a plunger. The equipment is made to be simple to use and to control inflation precisely and consistently. A disposable inflation device with a 20ml capacity is a plastic container with a spout used in the personal care and pharmaceutical sectors to package tiny amounts of liquid items including lotions, creams, and ointments. Size: 20 ml Balloons, catheters, and other medical equipment can all be inflated using disposable inflation devices. They offer an effective and safe alternative to manual inflation for these apparatuses.

Restraining Factors

"Hazardous Waste to Impede Market Expansion"

Both hazardous and nonhazardous waste are already a problem for healthcare institutions. Both of these groups are expanded by disposable medical equipment. Because of this, it is the duty of medical device manufacturers to incorporate sustainability into the design of their disposable medical devices. The environmental effect of disposable medical devices can be reduced by using recyclable materials like PVC, reducing chemical use, and adopting rapid prototyping to reduce the number of wasted device iterations. Healthcare workers may mitigate the environmental effects of disposable medical devices and continue to encourage sustainable, eco-friendly practices by bearing these and other responsible concepts in mind.

DISPOSABLE INFLATION DEVICES MARKET REGIONAL INSIGHTS 

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"North America to Dominate the Market Due to Growing Geriatric Population"

By revenue share, North America led the world disposable inflation devices market share. Due to factors like a favorable reimbursement environment, a growing geriatric population, and an increase in the frequency of chronic diseases, the region is predicted to maintain its dominance over the projected period as well. Additionally, it is predicted that higher healthcare spending by both public and private entities will fuel growth during the forecast period. The demand for high-quality medical services has led to a rise in the adoption of advanced technologies, such as minimally invasive surgeries and products like disposable inflation devices. These factors are expected to drive the regional market for disposable inflation devices to experience profitable growth over the forecast period.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Merit Medical (U.S.)
• Boston Scientific (U.S.)
• Cook Medical (U.S.)
• Medtronic (Ireland)
• B. Braun (Germany)
• BD (U.S.)
• CONMED Corporation (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.