As per this study the Global Angioplasty Balloons Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
The angioplasty balloon is a medical device used for widening and unblocking blood vessels during the surgical procedure. Angioplasty is a procedure where the balloon is carefully guided through the artery to the blockage, for widening the opening and increasing blood flow to the heart. It’s a medical condition which occurs due to obesity, poor diet, and extra cholesterol which result in insufficient supply of blood to the heart.
The increasing number of angioplasty owing to the rising prevalence of heart diseases is driving the market growth. Additionally, growing technological advancements along with minimally invasive nature of surgery are further accelerating the market growth. On the other hand, the high cost associated with the treatment may restrict market growth. Whereas, increasing spending on cardiovascular diseases is anticipated to augment demand in the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of angioplasty balloons.
The broad angioplasty balloons market has been sub-grouped into product type, application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Normal Balloons
- Scoring Balloons
- Drug Eluting Balloon
- Cutting Balloon
- Ambulatory Surgical Centers
- Catheterization Labs
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for angioplasty balloons in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Angioplasty Balloons Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the angioplasty balloons market include Abbott Laboratories, BIOTRONIK SE & CO. KG, Boston Scientific Corporation, C.R. Bard Inc., Cook Medical, Cordis Corporation, ENDOCOR GmbH, Medtronic plc, NATEC Medical, Opto Circuits Ltd. and Spectranetics Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.