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Angioplasty Balloons Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
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Angioplasty Balloons Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Angioplasty Balloons Market: • U.S. angioplasty balloons market is forecast to undergo robust growth over the forecast timeframe due to increasing prevalence of cardiovascular diseases. • Presence of major industry players in the region along with the availability of advanced technology will further aid industry expansion. • For instance, U.S. FDA approved Lutonix 035 (C.R. Bard) in October 2014 and In.Pact Admiral (Medtronic) in January 2015 for peripheral artery disease treatment. • Germany angioplasty balloons market should undergo rapid growth due to increasing incidence of heart diseases. • The country has an advanced healthcare infrastructure providing improved access for cardiovascular disease. Presence of large number of PCI centers and increasing spending on cardiovascular diseases should augment future industry expansion.
Application Analysis of Angioplasty Balloons Market: • Growing prevalence of cardiovascular diseases such as coronary and peripheral artery disease will drive angioplasty balloons market growth. • Growing obesity levels due to lifestyle changes such as adoption of sedentary lifestyle with lack of physical activity and consumption of fat and sodium rich junk foods will further fuel growth. • Drug eluting angioplasty balloons are forecast to exhibit robust growth over the forecast timeframe owing to their advantages such as more homogenous drug distribution. • Coronary angioplasty balloon segment is slated to witness lucrative growth owing to the increasing prevalence of coronary heart disease. • They decrease the risk of neoproliferative response by dilating the target vessels with less force.
Competitive Market Share of Angioplasty Balloons Market: • Prominent industry participants include Medtronic, Abbott, Boston Scientific, C.R. Bard, and BIOTRONIK. The industry players adopt strategies such as acquisitions, geographical expansion and new product launch in order to enhance their market position. • For instance, in February 2015, Medtronic launched In.Pact Admiral drug coated balloon in U.S. for treatment of patients suffering from peripheral artery disease.
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