The Indeflator devices are cardiac medical devices used in the procedure of angioplasty in patients with cardiac heart disease. Indeflator devices can help in inflation and deflation of catheters used during angioplasty procedure. The device is connected with a pressure gauge that helps to monitor and control the pressure manually. Indeflator devices are provided for diagnosis of cardiac diseases through advanced technology. Indeflator devices has various advantages over the currently available inflation devices. The physicians can manipulate the pressure up to certain limits, making it an advanced inflation device that result in successful angioplasty procedure. The indeflator devices usually works mechanically, advanced technology can combine the existing mechanical device with electrochemical device, making it a robust and time consuming indeflator device.
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Indeflator devices Market: Drivers and Restraints
Increasing prevalence of coronary heart diseases across the globe is a prime factor drive the growth of indeflator devices. According to WHO, an estimated 17.9 million people died from CVDs in 2016, representing 31% of all global deaths. This rising case of cardiovascular diseases and deaths have shifted the doctor’s preference for more advanced, sensitive and cost-effective cardiac assist devices that will help in treatment of coronary heart surgeries. Also, rising awareness regarding cardiac health may upsurge the demand for indeflator devices market. With the growing geriatric population, the prevalence of coronary heart disease also increases, helping the indeflator devices market to grow.
Additionally, the increasing focus on research, development and support from the government in developed economies will also propel the growth of indeflator devices market. On the other hand, lack of advanced healthcare infrastructure may deter the growth of indeflator devices market in under developing economies. Also, the treatment is associated with side effects such as, muscle cramps, can hamper the indeflator market growth.
Indeflator devices Market: Overview
Indeflator devices companies are emphasizing on innovative product launch and acquisitions for expanding the business. On the basis of capacity, 60ml inflation devices captures the largest share. As the device is used in case of pulmonary, gastroenterological and urological procedures. Among all application of indeflator devices, coronary heart disease is expected to generate largest revenue for global indeflator devices market, as the prevalence of the coronary heart disease along with increasing adoption of minimal invasive procedure is more in developed as well as developing nations. Among all end user, the hospital segment is anticipated to grow at a significant rate over the forecast period due to the rising hospital infrastructure in the developed nations.
Indeflator devices Market: Regional Overview
North America will show the higher revenue for the indeflator devices market, since the people are more prone to chronic heart diseases. Increasing geriatric population and high healthcare expenditure can help the indeflator device market to grow. After North America, the Europe region will show the robust growth for the indeflator devices market in the near future, due to availability of better hospital infrastructure in European countries. Latin America region will show the significant demand for the indeflator devices market due to the more preference for minimal invasive procedures such as cardiothoracic surgeries in countries like Brazil and Mexico. The Middle East and Africa are expected to be least lucrative region for indeflator devices market due to lack of awareness about the cardiac health.
Indeflator devices Market: Key Players
Examples of some of the market participants in indeflator devices market include Medtronic, Abbott Laboratories, B. Braun Melsungen AG, Biosensors International Ltd., Biotronik., Boston Scientific Inc., and others. New product launch is the main strategy followed the competitors in indeflator devices market.
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