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Balloon Catheter Market Production, Demand and Business Outlook 2030

Author : databridge12 databridge | Published On : 28 Feb 2024

The report is designed to provide a holistic view of the Balloon Catheter Market.It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.

Data Bridge Market Research analyses that the balloon catheter market which was USD 4.05 billion in 2022, is expected to reach USD 6.70 billion by 2030, at a CAGR of 6.5% during the forecast period 2023 to 2030.

Top Companies in the Balloon Catheter Market

BIOTRONIK SE & Co. KG (Germany), MicroPort Scientific Corporation (China), Jotech GmbH (Germany), Johnson & Johnson Private Limited (U.S.), Vascular Solutions, Inc. (U.S.), Abbott (U.S.), BD (U.S.), Boston Scientific Corporation (U.S.), Medtronic (Ireland), Cook (U.S.), Johnson & Johnson Private Limited (U.S.), Smith+Nephew (Germany), Cardinal Health (U.S.), Terumo Corporation (Japan), Conavi Medical (U.S.), Edwards Lifesciences Corporation (U.S.), Infraredx, Inc. (U.S.), Getinge AB (Sweden), Coloplast Corp (Denmark), McKesson Medical-Surgical (U.S.).

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This report segments the Balloon Catheter Market are:
Indication

  • Coronary Artery Disease

  • Peripheral Vascular Disease

End-Users

  • Public Hospitals and Private Hospitals

  • Ambulatory Surgical Centres

  • Cardiac Catheterisation Laboratories

Raw Material

  • Nylon

  • Polyurethane

  • Others

Balloon Type

  • High-Pressure Balloons

  • Elastomeric Balloons

Catheter Type

  • Over-The-Wire (OTW) Balloon Catheters

  • Rapid Exchange (RX) Balloon Catheters

  • Fixed-Wire (FW) Balloon Catheters

  • Normal balloon catheter

  • Drug eluting balloon catheter

  • Cutting balloon catheter

  • Scoring balloon catheter

  • Stent graft balloon catheter

Drivers

Increasing rate of cardiovascular diseases

The market is expected to expand due to an increase in cardiovascular disease cases worldwide. Cardiovascular diseases are the leading cause of death worldwide. According to the World Health Organization, 17.9 million people died in 2019 as a result of cardiovascular diseases. Stroke and heart attack were responsible for approximately 85% of these deaths. Globally, an estimated 1.13 billion people suffer from hypertension, which has become a major cause of brain, heart, kidney, and other related problems. Balloon catheters are used to treat a variety of cardiovascular issues. Cardiac catheterization is an imaging procedure that allows a doctor or surgeon to assess the function of a patient's heart. These trends are expected to have a significant impact on overall market growth.

Increasing geriatric population

Globally, the market is expected to expand as the geriatric population grows. In 2019, there were approximately 703 million people aged 65 and older, according to a United Nations report. The global population of older people is expected to double to approximately 1.5 million by 2050, according to a UN report. The financial strain on old-age support systems will be significant as the population ages. The dynamics of local perfusion and brain blood flow during ageing are expected to be defined by a number of factors, including automatic dysregulation, arterial stiffness, the blood-brain barrier, and neurovascular uncoupling. Long-term, innovative, and advanced catheters have been widely used in older adults to improve overall quality of life and catheter management. Balloon catheter are widely expected to be used in the elderly population, which will benefit the market.

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A reliable Balloon Catheter Market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Balloon Catheter Market report.

Significant Features that are under Offering and Key Highlights of the

Reports:

-Detailed overview of Balloon Catheter Market
-Changing the Balloon Catheter Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Balloon Catheter Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Balloon Catheter Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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