An inflatable bone tamp for performing a minimally invasive surgical procedure includes an inflatable structure having at least three contiguous lobes, that when inflated, cause the inflatable structure to exhibits an outwardly tapering expansion profile. By forming the inflatable structure such that the reduced-diameter junction(s) between the lobes has a greater wall thickness then the adjacent lobes, the durability and abrasion-resistance of the inflatable bone tamp can be increased.