The Balloon Catheter Market Considered Attending A

Las Vegas, U.S., April 18, 2022 (GLOBE NEWSWIRE) — Balloon Catheter Market Expected to Witness Huge CAGR of 8.78% by 2026, According to DelveInsight

The demand for the balloon catheters market is increasing owing to several factors such as the increasing prevalence of lifestyle disorders such as hypertension and obesity which stand as major risk factors for the development of cardiovascular disease and brain aneurysms. Further, technical innovation in product development such as manufacturing of drug-coated balloon catheters for delivery of drugs to the site of action, among other factors, is expected to drive the balloon catheter market .

by DelveInsight Balloon Catheter Market Overview and Forecast The report provides current and anticipated Balloon Catheters, upcoming innovations in devices, individual device market shares, challenges, drivers and barriers, market trends and key competitors in the market scenario of balloon catheters.

Some of the essential takeaways from the Balloon Catheters Market report:

  • According to analysis by DelveInsight, North America is expected to dominate the overall balloon catheter market over the forecast period.
  • Leading balloon catheter companies such as Medtronic, Boston Scientific Corporation, Abbott, Cook, B. Braun Melsungen AG, Cardinal Health, Terumo Corporation, Stryker, Teleflex Incorporated, Microport Scientific Corporation, BIOTRONIK, Nipro Medical Corporation, BD, Coloplast, Summit Medical (Innovia Medical) Well Lead Medical Co., Ltd, Smiths Medical, BACTIGUARD AB, JOTEC GmbH, Lepu Medical Technology (Beijing) Co., Ltd, Merit Medical, Cardiovasuclar Systems Inc, and others are proactively working in the balloon catheter market.
  • According to estimates by DelveInsight, the global balloon catheter market was valued at $4.23 billion in 2020, growing at a CAGR of 8.78% over the forecast period from 2021 to 2026 to reach $7.00 billion by 2026.
  • In July 2021, Medtronic launched the next generation drug-coated balloon catheter ‘Prevail™’ for the treatment of coronary artery disease in Europe after obtaining the CE marking (European Conformity) of the device.
  • In June 2021, Neurescue received 510k clearance from the United States Food and Drug Administration for their NURESCUE® device, “the world’s first smart balloon catheter”, designed for the temporary occlusion of large vessels such as the aorta.
  • In March 2021, Alvimedica have received CE Mark approval for their Fluydo™ NC, a new non-PTCA Compliant balloon catheter. The device features a new non-conforming balloon designed to effectively dilate the hardest lesions located in the most difficult and difficult coronary lesions.

To choose the latest highlights related to balloon catheters, get an overview of major highlights involved in the Balloon Catheter Market Report

Overview of Balloon Catheters

A balloon catheter is a type of flexible catheter to which a balloon is attached to the end of the catheter. This type of catheter is used in various minimally invasive diagnostic and therapeutic procedures such as opening blockages, dilating vessels and placing stents, among others.

Balloon Catheter Market Overview

Geographically, the Global Balloon Catheters Market is studied for North America, Europe, Asia-Pacific, and Rest of the World. In terms of revenue sharing, North America is expected to dominate the overall balloon catheter market over the forecast period. This dominance is attributed to many factors such as the increasing prevalence of lifestyle disorders such as hypertension and obesity which present themselves as major risk factors for the development of cardiovascular diseases as well as brain aneurysms, the increasing incidence of cancers of the pelvic region affecting the urinary tract system of varying capacity, growth of the geriatric population where age itself plays a major role in disease etiology, and technical innovation in the Product development such as manufacturing of drug-coated balloon catheters for delivery of drugs to the site of action, among other factors are expected to drive the balloon catheter market.

Learn more about the different uses of balloon catheters available in the balloon catheter market @ Evaluation of the use of balloon catheters

Balloon Catheter Market Dynamics

Major factors driving the demand for the Balloon Catheters market are the increasing prevalence of lifestyle disorders as hypertension and obesity which present themselves as major risk factors for the development of cardiovascular diseases as well as brain aneurysms, increased incidence of cancers in the pelvic region affecting the urinary system to varying degrees. In addition to such aspects as the continuity growing geriatric population where age itself plays a major role in disease etiology, and Technical Innovation in the development of products such as manufacture of drug coated balloon catheters aimed at the delivery of drugs at the site of action are expected to increase the growth of the balloon catheters market

However, on the other hand, associated specific limitations with each type of balloon catheter, and probable procedural risks and Product recalls may exhibit some challenging aspects for the growth of the Balloon Catheters market. A decrease of sales has also been observed in the Balloon Catheters market due to the establishment of measures to curb the global spread of COVID19 infection. Decline in product demand has also been observed in the balloon catheters market as supply chains and product manufacturing activities have been affected across the globe during the lockdown phase which has also affected the balloon catheters market.

To better understand the impact of COVID-19 on the Balloon Catheters Market, get an overview of the Balloon Catheter Market Impact by COVID-19

Scope of the Balloon Catheters Market Report

  • Cover: Global
  • Study period: 2021-2026
  • Market segmentation by product type: PTA, PTCA, occlusion, Foley, nephrostomy, drug elution and others), by type of catheter (fixed wire, over wire and rapid exchange
  • Market segmentation by end user: Hospitals, specialized clinics and others
  • Market segmentation by geography: North America, Europe, Asia-Pacific and Rest of the world
  • Porter’s Five Forces Analysis
  • Product Profiles
  • Case studies
  • KOL’s point of view
  • Analyst’s point of view

Delveinsight analysis: Global Balloon Catheter Market has been valued at $4.23 billion in 2020, growing at a CAGR of 8.78% during the forecast period from 2021 to 2026, in order to achieve $7 billion by 2026.

Learn more about the MedTech player expected to dominate the balloon catheter market @ Top Balloon Catheter Companies

Contents

1 Balloon Catheters Market Presentation of the report
2 Executive Summary of the Balloon Catheters Market
3 Regulatory and Patent Analysis of the Balloon Catheters Market
4 Balloon Catheters Key Factor Analysis
5 Balloon Catheters Porter’s Five Forces Analysis
6 Impact Analysis of COVID-19 on Balloon Catheters Market
7 Balloon Catheter Market Layout
8 Global Balloon Catheter Market Company Share Analysis – 3 to 5 Key Companies
9 Balloon Catheters Market and Product Profiles
ten Project approach
11 KOL Views
12 Features of DelveInsight
13 Warning
14 About DelveInsight

Obtain rich insights about the latest regulatory approvals occurred in the Balloon Catheters Market @ Balloon Catheter Regulatory Landscape and Patent Analysis

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