Advanced Balloon Catheter Market to be dominated by Nylon through 2028
The increasing prevalence of cardiovascular diseases is
expected to drive the Global Advanced Balloon Catheter Market in the forecast
period, 2024-2028.
According to TechSci Research report, “Advanced Balloon Catheter Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Advanced Balloon Catheter Market is anticipated to grow at an
impressive rate in the forecast period, 2024-2028. This can be ascribed
to the rising prevalence of chronic disorders like cardiovascular diseases and
the enhancement of novel technologies, and therapies for the treatment of cardiac
diseases across the globe. Similarly, increasing the geriatric population along
with growing interest in research and advancement regarding ordinary inflatable
catheters is expected to create lucrative growth during the forecast period.
Additionally, growing demand for angioplasty over conventional surgeries
because of its minimally invasive procedure with a better outcome, increasing
the number of catheterization laboratories will further propel the market
growth during the forecast period. However, growing technological advancements
and modernization in healthcare infrastructure along with rising emerging
markets will further create significant growth in the advanced balloon catheter
market over the years.
However, the
risk of infection and artery collapse associated with balloon catheterization and
increasing side effects associated with treatments may hamper the global advanced
balloon catheter market in the forecast period. Similarly, ineffective, and
less prompt treatments and a lack of efficacy related to treatment can restrict
the growth of the global advanced balloon catheter market in the forecast
period.
Browse over XX market data Figures
spread through 110
Pages and an in-depth TOC on "Global Advanced Balloon Catheter Market"
The Global Advanced
Balloon Catheter market is segmented by raw material, application, end users, and
region. Based on Raw Material, The Global Advanced Balloon Catheter Market
can be segmented into Nylon, PET, Polyurethane, and Others. The Nylon segment
is expected to dominate the market in 2022 and maintain its dominance
throughout the forecast period. The increasing demand for softer material that
can be easily refolded and is easier to withdraw into the guiding catheter or
introducer sheath. Based on application, the global advanced balloon catheter
market can be segmented into Coronary Procedures, Peripheral Procedures,
Neurovascular Procedures, and Other Procedures. The coronary procedures segment
is expected to dominate the market in 2022 and maintain its dominance
throughout the forecast period. This can be ascribed due to the increasing
preference for drug-eluting balloons for coronary interventions has been observed
among physicians as these devices have the potential to eradicate the risk of
stent failure.
Based on the End User, The Global Advanced Balloon
Catheter Market can be segmented into Hospitals and Ambulatory Surgical Centers,
Catheterization Laboratories, and Others. The surgery segment is expected to
dominate the market in 2022 and maintain its dominance throughout the forecast
period. This can be ascribed to the growing patient pool and rising demand for
efficient and effective surgery with shorter recovery time and reduced hospital
stay along with the availability of advanced technologies and demand for
minimally invasive surgical procedures.
Major companies operating in the global advanced
balloon catheter market are:
- Abbott Laboratories.
- Boston Scientific
Corporation.
- Medtronic plc
- Terumo Corporation
- MicroPort
- Scientific
Corporation
- B. Braun Melsungen
AG
- Meril Life Sciences
Pvt. Ltd.
- Hexacath
- Tokai Medical
Products Inc.
- BrosMed developed Tiche™ according to the clinical needs for a
low-profile, superior high pressure balloon catheter in full range of sizes.
The patented microcrystalline grid balloon technology is facilitated to provide
high-pressure, non-compliant dilatation which concentrates force on the lesion
and reduces the risk of overexpanding the vessel in a low-profile balloon.
- Medtronic has announced the launch of Arctic Front™ Cardiac Cryoablation
Catheter System, the first and only cryoballoon catheter approved by CDSCO for
treatment of atrial fibrillation (AF) in India. Dr Balbir Singh, chairman of
Cardiology, Pan Max Hospital Saket, Delhi, successfully performed the first
procedure in India using the Arctic Front Cardiac Cryoablation Catheter System
Download Free Sample Report
Customers can also request for 10% free customization on this report.
“North America is expected to register the highest growth in The Global Advanced
Balloon Catheter Market on account due to the increasing development of
healthcare infrastructure along with a focus on the development of new devices
with improved diagnosis among the patients across the region. Similarly, the
growing geriatric population and increased healthcare expenditure along with
the growing prevalence of cardiovascular diseases, and urological disorders
such as bladder cancers, and benign prostatic hyperplasia along with the rapid
adoption of new technology can further propel the market growth during the
forecast period. Additionally, the growing demand for minimally invasive
surgeries like minimally invasive coronary bypass and minimally invasive
cardiothoracic surgery is expected to drive the demand for the tendonitis
treatment market in the forecast period. Similarly, the growing industry of medical tourism is
expected to propel the market growth till 2028” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Global Advanced Balloon Catheter Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented
By Raw Material Type (Nylon, PET, Polyurethane, Others), By Application (Coronary Procedures, Peripheral Procedures,
Neurovascular Procedures, Other Procedures), End Users (Hospitals and Ambulatory Surgical Centres, Catheterization
Laboratories, Others), and
By Region”, has
evaluated the future growth potential of the global advanced balloon catheter market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global advanced balloon catheter market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com