The biodegradable kyphoplasty balloon system includes a biodegradable balloon catheter and a delivery system. The biodegradable balloon catheter includes an elastomeric tube and a biodegradable balloon. The elastomeric tube has opposed open and closed ends with a resealable slit being formed in a central portion thereof. The elastomeric tube is formed from an elastomer such that the resealable slit acts as a one-way inflation valve. The biodegradable balloon is mounted on the elastomeric tube such that the biodegradable balloon is sealed thereto about the resealable slit for selective inflation thereof. The delivery system includes a hollow push tube and an inflation tube. The hollow push tube has opposed first and second open ends. The inflation tube has opposed open and closed ends, with an aperture being formed through the inflation tube adjacent the closed end thereof. The hollow push tube slidably receives the inflation tube.