Endoscopic Balloon Dilators Market: Industry Size, Share, Growth, Forecasts 2017 - 2025

The report analyzes and presents an overview of "Endoscopic Balloon Dilators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Endoscopic Balloon Dilators" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Endoscopy is a minimally invasive procedure with wide usage in diagnostic and therapeutic areas for pulmonology and gastroenterology conditions. Stenosis of the gastrointestinal and airway tracts is a common phenomenon caused by various reasons such as growth of benign tissue, pressure exerted by peripheral organs, symptomatic stenosis of other associated diseases such as Crohn’s disease, and inflammation and abnormal contraction of lumen muscles. Prior to evolution of endoscopic dilation techniques, physicians and surgeons used to opt for surgical interventions to dilate the stricture. Endoscopic dilation is performed by using tools such as plastic dilators, stents, dilating catheters, and balloon dilators. Plastic dilators, also known as Bougie dilators, are more rigid and traumatic. This may cause perforation of the gut wall. Temporary stenting of the stricture tract is also preferred by all surgeons. However, it is an expensive process and it requires repetition of endoscopy to remove the stent in case of benign stricture. With controlled expansion of the balloon, balloon dilators offer ease of use and safety.

Endoscopic balloon dilators are offered as single-use medical devices. The balloon dilation procedure is performed under endoscopic and fluoroscopic image guidance. The balloon is inflated with water, saline, or other liquid materials. Contrast medium is sometimes used to monitor the placement of the balloon and dilation procedure under fluoroscopic (X-Ray) image. Technological advancements in endoscopy balloon dilators have led to availability of balloon dilators of different designs, sizes, lengths, and uses. According to various independent studies, the rate of incidence of achalasia is found to be doubled from 0.8/100000 per year in the 1980s to 1.6/100000 per year post 2000. Changing dietary habits and increasing incidence of chronic diseases are likely to drive the endoscopic balloon dilators market in the near future. However, factors such as short-term dilation and requirement for repetitive procedures are likely to restrict the endoscopic balloon dilators market during the forecast period. Moreover, development of alternative, endoscopic, interventional procedures such as Per Oral Endoscopic Myotomy (POEM) and biodegradable stents is anticipated to hamper the market in the next few years.

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The global endoscopic balloon dilators market can be segmented based on application, end-user, and region. In terms of application, the market has been divided into pulmonology and gastrointestinal. The gastrointestinal endoscopic balloon dilators segment has been sub-classified into gastroesophageal dilators, pancreatic–biliary dilators, and achalasia dilators. Increasing prevalence of various gastrointestinal stenosis conditions is estimated to result in leading share held by the gastrointestinal segment. Based on end-user, the endoscopic balloon dilators market has been segmented into hospitals, ambulatory surgical centers, and others. Increasing adoption of minimally invasive procedures such as endoscopy in ambulatory surgical centers is estimated to propel the global endoscopic balloon dilators market from 2017 to 2025.

Geographically, the global endoscopic balloon dilators market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to hold a leading share of the global market during the forecast period, due to high adoption of endoscopic techniques and high health care expenditure in the region. Europe is estimated to account for a significant share of the global market for endoscopic balloon dilators during the forecast period. Increasing awareness about gastrointestinal and pulmonary stenosis and developing health care infrastructure in emerging markets such as China and India are projected to be responsible for significant growth of the endoscopic balloon dilators market in Asia Pacific during the forecast period.

Major players operating in the global endoscopic balloon dilators market are Boston Scientific Corporation, Olympus Medical Corporation, Merit Medical Endotek, Cook Medical, CONMED Corporation, HOBBS MEDICAL INC., Medi-Globe GmbH, and PanMed US.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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