This market research report covers the global and regional market with an in-depth analysis. Furthermore, it sheds light on the comprehensive competitive situation of the global and regional market.
New York, United States – July 9, 2020 /MarketersMedia/ —
A Balloon Catheter is a subtle catheter device with an expandable balloon at the tip that can be introduced into a blood vessel or catheter and then unfolded to remove obstacles. The balloon catheter is mainly used to treat heart-related diseases caused by high blood pressure, diabetes and high blood cholesterol levels, especially coronary heart disease.
The use of these catheters has been increasing throughout the healthcare industry, and these devices are an important part of medical diagnosis and treatment. By 2026, the global balloon catheter market is estimated to reach US$16.6 billion. During the forecast period 2020-2026, the compound annual growth rate will be approximately 5%. However, the high cost of stent treatment for heart and angioplasty will hinder the growth of the balloon catheter market. Similarly, the risk of infection associated with arterial collapse may also hinder the growth of the balloon catheter market during the forecast period.
Due to the prevalence of various chronic heart diseases caused by diabetes or high cholesterol, the demand for catheters in the healthcare industry has surged. Due to the high prevalence and lack of health services in rural areas, the mortality rate in developing countries is high. Growth and demand of the elderly population In developing countries and developed economies, the method used for minimally invasive surgery is a key factor to promote the expansion of the balloon catheter market. The latest advances in cardiac surgery, such as the development of advanced cardiovascular catheter equipment, have driven the growth of the market. A fixed lifestyle is the only cause of many chronic diseases (such as cardiovascular disease and diabetes). The incidence of patients receiving various therapies is increasing, and the rate of people suffering from the end-stage renal disease may increase the use of balloon catheters for treatment. Increased research and development, increased regulatory approvals, mergers and acquisitions, and product launches are also expected to provide impetus to the development of the balloon catheter market. Consumers’ unhealthy habits, such as drinking and smoking, and lack of exercise lead to obesity, leading to various cardiovascular diseases and other diseases. The surgical demand for these diseases has also increased, and it is expected to help the global balloon catheter market during the forecast period. In addition, the manufacturing cost and technological progress of balloon catheters will provide more opportunities for market growth.
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The Major Players Profiled in This Report Include:
Tokai Medical Products
Type Outlook (Revenue, USD Million; 2014-2026):
Normal Balloon Catheter
Cutting Balloon Catheter
Scoring Balloon Catheter
Drug Eluting Balloon Catheter
Stent Graft Balloon Catheter
Application Outlook (Revenue, USD Million; 2014-2026):
Ambulatory Surgical Centres
Cardiac Catheterisation Laboratories
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Balloon Catheter Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Balloon Catheter Market by Types
Chapter 4 Segmentation of Balloon Catheter Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Balloon Catheter Market in Major Countries
Chapter 7 North America Balloon Catheter Landscape Analysis
Chapter 8 Europe Balloon Catheter Landscape Analysis
Chapter 9 Asia Pacific Balloon Catheter Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Balloon Catheter Landscape Analysis
Chapter 11 Major Players Profile
11.1 Boston Scientific
11.1.1 Boston Scientific Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 Medtronic Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3.1 Terumo Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Balloon Catheter Report Provide:
Potential opportunities and challenges analysis in the Balloon Catheter market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Balloon Catheter market and related industry.
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