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Balloon Catheter Market analysis and business development strategies forecast by 2024 - Boston Scientific, Boston Scientific Cardiology, Medtronic, Cordis, Terumo Medical Corporation, Cook Medical, Microport Scientific Corp, QXMédical, Hexacath, Abbott,
Balloon Catheter Market
The Balloon Catheter market accounted to USD 9,805 million in 2016 growing at a CAGR of 4.9% during the forecast period of 2017 to 2024.
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Well known players of Balloon Catheter market Boston Scientific, Boston Scientific Cardiology, Medtronic, Cordis, Terumo Medical Corporation, Cook Medical, Microport Scientific Corp, QXMédical, Hexacath, Abbott, Biosensors International Group, Ltd, CARDIONOVUM GmbH, BIOTRONIK, Teleflex Incorporated, Vascular Solutions - Now part of Teleflex, Johnson & Johnson, Tokai Pharmaceuticals, Inc., Simeks Medical, AngioScore and others.
Market Segments
On the basis of geography, Balloon Catheter market report covers data points for 28 countries across multiple geographies such as
North America & South America,
• Europe,
• Asia-Pacific, and
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
By product, the market for Balloon Catheter is segmented into
• Normal Balloon Catheter,
• Cutting Balloon Catheter,
• Scoring Balloon Catheter,
• Drug Eluting Balloon Catheter,
• Stent Graft Balloon Catheter
By raw material, the Balloon Catheter market is segmented into
• Polyurethane,
• Nylon, Others
By indication, the Balloon Catheter market is segmented into
• Coronary Artery Disease,
• Peripheral Vascular Disease
By end user, the Balloon Catheter market is segmented into
• Public Hospitals & Private Hospitals,
• Ambulatory Surgical Centres,
• Cardiac Catheterisation Laboratories
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Competitive Analysis
The Balloon Catheter market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Balloon Catheter market for global, Europe, North America, Asia Pacific, and South America.
Market Drivers and Restraints
• Increasing prevalence of cardiovascular diseases
• Increase in surgical procedures
• Growing healthcare expenditure
• Increasing geriatric population
• Favorable reimbursements
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