North America Expected to Be Second Largest Market – Fact.MR Study – Designer Women

Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of the Drug Eluting Nylon Balloon Catheters Market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of Drug Eluting Nylon Balloon Catheter Market

The report offers actionable and valuable insights into the Drug Eluting Nylon Balloon Catheter Market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes sales and demand information for the Drug Eluting Nylon Balloon Catheter market across various industries and regions.

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This newly published and insightful report sheds light on the Drug Eluting Nylon Balloon Catheter Market insights, key dynamics, their impact on the overall value chain from vendors to end users and the growth of the Drug Eluting Nylon Balloon Catheter Market. drug eluting nylon balloon.

The scope of the Fact.MR report is to analyze the global Drug Eluting Balloon Catheters market for the forecast period 2017-2022 and provide readers with unbiased and accurate analysis. Medical device manufacturers, research institutions, and raw material suppliers in the global Drug Eluting Balloon Catheters Market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which may be of interest to leading trade magazines and medical journals dealing with medical devices.

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Market overview

The global drug eluting balloon catheter market is expected to grow at an impressive CAGR of 18% over the next ten years. This analysis was conducted by qualified analysts from Fact.MR, a market research and competitive intelligence provider, also reveals that the demand for Drug Eluting Balloon Catheters includes 20% share of the global balloon catheter market today. According to the study, the global market for drug-eluting balloon catheters is expected to be worth US DOLLARS$ 5.2 billion by the end of 2031, with drug-eluting balloon catheterization for coronary artery disease holding a mammoth 80% market share.

Global market value in 2021 1 billion US dollars
CAGR (2021-2031) 18%
Expected market value for 2031 US$5.2 billion
Dominant market Europe

Drug Eluting Balloon Catheter Industry Survey Taxonomy MaKey Segments

By indication:

    • Drug Eluting Balloon Catheters for Coronary Artery Disease
    • Drug Eluting Balloon Catheters for Peripheral Vascular Diseases

Per end user:

    • Hospitals
    • Ambulatory surgery centers
    • Cardiac catheterization laboratories

By raw material:

    • Drug-Eluting Polyurethane Balloon Catheters
    • Drug Eluting Nylon Balloon Catheters
    • Others

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Competitive landscape

Research in the field of drug-eluting balloon catheters by key players is expected to bolster the development and sales of more accurate and effective drug-eluting balloon catheters.

  • In February 2021, L2Mtech GmbH obtained its first CE marking on six products. This marks a milestone in the company’s history and proves the efficacy and safety of its innovative cardiovascular and endovascular applications. The company plans to commercially launch the products with CE marking recognition.
  • In June 2020, iVascular SLU, a medical device company, announced the global launch of its novel coronary artery drug-coated balloon. The product – Essential Pro – has several improvements over its predecessor.
  • In March 2021, MedAlliance announced that it had received FDA approval for its drug-eluting coronary balloon. The product is called the Selution SLR Limus Sustained Release Drug Eluting Balloon Catheter. He received a green light for his design, which improves luminal diameter in people with atherosclerotic lesions.

The increasing prevalence of cardiovascular diseases has created a massive demand for related treatments. Interventional procedures in cardiology have grown in popularity and their effectiveness has been widely accepted around the world. The focus on health care is more important than ever due to the gaps that have been seen amid the COVID-19 pandemic. Favorable reimbursement policies of health insurance providers and increasing geriatric population are also factors that are expected to drive the demand for drug-eluting balloon catheters.

However, the risk of infection from collapsing balloon catheters is expected to limit the market growth to some extent. This question is being addressed as next-generation drug-eluting balloon catheters are researched and launched.

Key insights from market research

  • The market for drug-eluting balloon catheters is expected to be worth US$5.2 billion by 2031.
  • Demand is expected to increase at an impressive CAGR of 18%.
  • Europe is estimated to dominate the global market in terms of market share.
  • The high cost and risk of infections are expected to hamper the demand for drug-eluting balloon catheters.
  • The UK market is expected to grow at an astronomical CAGR of around 20% over the next ten years.
  • Rising cases of cardiovascular disease, increasing geriatric population and attractive reimbursement policies from health insurers are the major factors driving sales.

“Increased research and development by manufacturers of drug-eluting balloon catheters is expected to benefit the industry in terms of demand and sales,” says an analyst from Fact.MR.

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Key question answered in the investigation of Drug Eluting Nylon Balloon Catheters Market report:

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  • Drug Eluting Nylon Balloon Catheter Market Research

More Valuable Insights into Drug Eluting Nylon Balloon Catheters Market

Fact.MR in its new report offers an unbiased analysis of the Drug Eluting Nylon Balloon Catheter Market, Drug Eluting Nylon Balloon Catheter Sales and Demand, by analyzing the forecast statistics up to in 2019 and beyond. The study reveals growth projections based on various criteria.

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