Global angioplasty balloons market is expected to reach 2,834.53 Million by 2025 at a CAGR of 3.61% from 2018 to 2025. Rapidly growing geriatric population prone to heart conditions increasing number of angioplasty procedures and increasing popularity of medical tourism from developing countries offering low cost surgeries for several heart diseases are some of the factors contributing for the growth.
Market Overview:
Balloon angioplasty is a minimally invasive procedure performed to widen narrowed arteries. These balloon catheters flatten the plaque and ensures sufficient supply of oxygen rich blood in the affected areas of the heart. Rapidly growing elderly population and rising prevalence of heart related diseases are boosting the growth of the market. For instance, According to the report of Centers for Disease Control and Prevention (CDC), about 610,000 people die due to heart disease annually, in the United States. More than 15 million Americans suffer from coronary heart disease (CHD), which is considered as the most common type of heart disease. Technological advancements such as coated balloons and international radiology are making significant contribution to make the procedure minimally invasive.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Angioplasty balloons Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The angioplasty balloons market is segmented on the basis of type, material type, application, end user.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global angioplasty balloons market with 34.36% market share in 2017 where as Asia Pacific region is expected to be the highest growing region in the forecast period.
Global Angioplasty balloons Market Competitive Analysis:
Key players in the angioplasty balloons market are Boston Scientific Corporation, Medtronic PLC, Abbott Inc., Johnson & Johnson, C.R. Bard Inc, Spectranetics, Cardinal Health Inc., BIOTRONIK SE & Co.KG, Cook Medical Inc, ENDOCOR GmbH, B. Braun Melsungen AG, Terumo Corporation, Koninklijke Philips, Covidien, Cordis Corporation, Thomas Medical, Inc. and others. The Medtronic PLC, Abbott Inc. and BIOTRONIK SE & Co.KG are the top leading players of the market. For instance, in 2014, Medtronic PLC launched its drug-coated balloon IN.PACT Admiral for the treatment of peripheral artery disease.
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Scope
Key Points |
Information |
Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Million) {Market Size} |
USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
Base Year |
2017 |
Historical Years |
2015-2017 |
Forecast Period |
2018-2025 |
Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global angioplasty balloons market on the basis of below mentioned segments:
Global Angioplasty Balloons Market, By Type:
Global Angioplasty Balloons Market, By Material Type:
Global Angioplasty Balloons Market, By Application:
Global Angioplasty balloons Market, By End User:
Global Angioplasty Balloons Market, By Regions:
List of Table
List of Figures
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