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Balloon Infuser Market is Set to Grow US$ 2.89B By 2034, With An 8.9% CAGR | Fact.MR Report
Balloon Infuser Market Benefitting from Need for Creating Targeted and Effective Treatments amid Rising Prevalence of Chronic Illnesses
ROCKVILLE, MD, UNITED STATES, February 18, 2025 /EINPresswire.com/ -- The global balloon infuser market accounts for an estimated value of US$ 1.23 billion in 2024 and is forecasted to reach US$ 2.89 billion by the end of 2034. Emergence of balloon infusers has caused a revolution in the healthcare sector.
This dynamic market has come a long way, offering new options and redefining standards for patient care. The global balloon infuser market has massive growth potential because of its versatility and utility in delivering precise medications and treatments. A new era in healthcare delivery is beginning as the market expands, one that will enhance patient outcomes and experiences in every way.
One of the main factors propelling global balloon infuser market growth is the rising prevalence of chronic illnesses such as cancer, cardiovascular disease, and neurological problems across the world. By eliminating systemic side effects and providing a customized therapeutic strategy, these devices increase efficacy. Precision drug administration is becoming more and more dependent on technologies such as balloon infusers, which are being used by pharmaceutical companies to create more targeted and effective treatments.
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Key Takeaways from Market Study
The global balloon infuser market is calculated at US$ 1.23 billion in 2024. Demand for balloon infusers is projected to rise at a noteworthy CAGR of 8.9% from 2024 to 2034.
The market is forecasted to reach US$ 2.89 billion by 2034-end. The market in Latin America is projected to expand at a CAGR of 7.5% through 2034.
Continuous-rate elastomeric pump segment is forecasted to expand at a CAGR of 8.9% throughout the forecast period. North America is estimated to account for 33.6% share of the global market in 2024.
“Evolution of the balloon infuser market demonstrates a transformative shift in the provision of healthcare, as it offers improved patient care and better treatment outcomes, thus leading to a paradigm shift in therapeutic approaches. This evolution is expected to have a significant and wide-ranging impact on patient experiences and the effectiveness of healthcare,” says a Fact.MR analyst.
Leading Players Driving Innovation in the Balloon Infuser Market:
Nipro Corporation; Ambu A/S; Pfm Medical AG; Daiken Medical Co., Ltd.; Palex Medical SA; Smiths Medical; Avanos Medical, Inc.; Terumo Corporation; B. Braun Melsungen AG; Fresenius Kabi AG; Baxter International Inc.; Terumo Corporation; Canack Technology Ltd.; PROMECON GmbH.; Halomedical Systems Ltd.
Market Benefitting from Shift toward Outpatient Care and Departure from Lengthy Hospital Stays
Balloon infusers have emerged as an important participant in this landscape due to their capacity to provide targeted medicines outside of regular hospital settings. Their mobility, convenience of use, and capability for precise medicine delivery coincide with the needs of patients and healthcare practitioners alike. The shift to outpatient care represents a departure from lengthy hospital stays, allowing patients to get treatments in more familiar settings, fostering comfort, and lowering the total healthcare load.
Growing need for minimally invasive procedures has increased the importance of balloon infusers in outpatient settings. These devices make it easier to administer medicines with less invasiveness and less systemic adverse effects, resulting in faster recovery and shorter treatment cycles. Their incorporation into outpatient care models not only corresponds to the growing trend for non-institutionalized healthcare but also greatly adds to the optimization of healthcare resources and costs.
By allowing treatments to take place outside of the hospital, balloon infusers enable healthcare practitioners to broaden their reach, catering to a larger patient population and assuring equal access to modern therapies regardless of geographical constraints.
Country-wise Insights:
North America dominates the market because to its robust healthcare infrastructure, high healthcare spending, and significant investments in R&D. The United States, in particular, serves as a hub for the research and use of cutting-edge medical technologies, which drives the balloon infuser market's expansion.
The United States has a dynamic research and development system that encourages innovation and continuous improvement in the field of medical devices. This setting promotes an environment conducive to the use of complex yet precise medical devices such as balloon infusers. Because chronic diseases are becoming more common, there is a growing demand for concentrated, less invasive treatment options.
Because of their ability to accurately and promptly deliver medications to damaged locations, balloon infusers have piqued the interest of many as a feasible cure. Their capacity to maximize treatment efficacy while minimizing invasiveness is consistent with patient and healthcare provider preferences.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the balloon infuser market for 2018 to 2023 and forecast statistics for 2024 to 2034.
The study divulges essential insights into the market based on product (continuous rate elastomeric pumps, variable rate elastomeric pumps), application (pain management, antibiotic therapies, antiviral therapies, chemotherapies, others), and end user (hospitals, ambulatory surgical centers, home care settings, specialty clinics, others), across six major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and MEA).
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The global normal balloon catheter market is valued at US$ 2.21 billion in 2023. Fact.MR states that worldwide sales of normal balloon catheters are projected to increase at a CAGR of 7% during the next 10 years and reach US$ 4.35 billion by 2033-end.
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