openPR Logo
Press release

Balloon Catheters Market to Surpass US$ 5.5 Billion Threshold by 2025, with North America positioned as Growth Engine | Top Key Players Abbott Laboratories, Becton Dickinson And Company, Boston Scientific Corporation, Bard Medical Division, Johnson & John

08-14-2019 02:18 PM CET | Health & Medicine

Press release from: Coherent Market Insights (CMI)

Balloon Catheters Market

Balloon Catheters Market

Balloon catheters market to gain rapid traction, with increasing consumer inclination towards minimally invasive procedures

The Global Balloon Catheters Market was valued at US$ 2,833.4 million in 2016 and is projected to expand at a CAGR of 7.7% during the forecast period (2017–2025), as highlighted in a new report published by Coherent Market Insights. Increase in demand for minimally invasive procedures, in turn is projected to support growth of balloon catheters market over the forecast period.

Get Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/489

Manufacturers are focusing on product innovation to tap into emerging market. For instance, OrbusNeich, a leading manufacturer of medical devices for vascular disease, launched its 2 balloon dilatation catheters Sapphire II PRO and the Sapphire NC Plus. These products are indicated for various applications such as balloon dilatation of the stenotic portion of a coronary artery or bypass graft stenosis in patients having coronary ischemia for the purpose of improving myocardial perfusion, also in coronary artery occlusion for the treatment of acute myocardial infarction. These products also have features such as tight folding of the balloon material for enhanced crossability in the tightest lesions, Hydro-X coating for improved lubricity and passability and also, an enhanced distal tip which allows for smooth lesion entry.

The growth of balloon catheters market is inhibiting by factors such as faults related to balloon catheters. For example, in May 2017 Abbott Laboratories has removed its around 450,000 coronary balloon catheters due to the balloon sheath issue as these catheters exhibit difficulty in removing the protective balloon sheath which can result in issues with inflating or deflating the balloon.

To know the latest trends and insights prevalent in the balloon catheters market, click the link below: https://www.coherentmarketinsights.com/market-insight/balloon-catheters-market-489

Increasing adoption of minimally invasive procedures for the treatment of diseases such as coronary heart disease is expected to favor growth of the global balloon catheters market over the forecast period. Moreover, increasing incidences of diabetes and coronary heart disease in emerging economies such as China have helped major players in expanding their customer base and increasing sales. According to the World Health Organization (WHO), in 2016, around 10% adults among around 110 million people in China were suffering from diabetes due to overweight and obesity. By 2040, the number is projected to increase to around 150 million.

Major players have lucrative opportunities to obtain major market share in emerging economies, as over 50% of the population are living with undiagnosed lifestyle diseases. For instance, according to the World Health Organization (WHO), in 2016, around 53% of the people living with diabetes were undiagnosed in China.

Key takeaways of the market:

- The global balloon catheters market is expected to expand at a CAGR of 7.7% during the forecast period (2017–2025). Due to rising incidence of coronary heart disease cases and increase in demand for minimally invasive procedure from around the globe is expected to favor the market of balloon catheters over the forecast period.

- The Asia Pacific region in the global balloon catheters market is expected to show high growth rate during the forecast period in terms of value

- In terms of material segment, the polyurethane material balloon catheters type is expected to expand at a significant CAGR of 7.7%, followed by nylon material balloon catheters during the forecast period, owing to more preference due to its smoothness and features

- The global balloon catheters market is characterized by market expansion in Asia Pacific, North America, and Europe could generate higher market revenue due to the high incidence rate of lifestyle disease such as diabetes and increase in number of heart surgery procedures

- Some of the major companies offering balloon catheters are Abbott Laboratories, Becton Dickinson And Company, Boston Scientific Corporation, Bard Medical Division, B. Braun Melsungen AG, Johnson & Johnson, Teleflex Incorporated, Medtronic, Plc, Edwards Lifesciences Corporation, OrbusNeich and Vascular Solutions, Inc.

Purchase This Exclusive Report @ https://www.coherentmarketinsights.com/insight/buy-now/489

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Balloon Catheters Market to Surpass US$ 5.5 Billion Threshold by 2025, with North America positioned as Growth Engine | Top Key Players Abbott Laboratories, Becton Dickinson And Company, Boston Scientific Corporation, Bard Medical Division, Johnson & John here

News-ID: 1822325 • Views: 474

More Releases from Coherent Market Insights (CMI)

Chocolate Market : How the Business Will Grow in 2026? Prominent Players: Mars, …
The business research report on “Chocolate Market” Research Report 2018- 2026 covers summery, market outlook, trends, classification, value chain structure and market key performance by dominant region/ countries. This Report gives you in-detailed data for business strategies, growth prospects and historical and futuristic revenue and costs by analyzing data of key players industry. The Chocolate Market report be with a basic overview of the industry lifecycle, definitions, classifications, applications, and industry
Catering and Food Service Contractor Market Analysis by Current Industry Status …
The business research report on “Catering and Food Service Contractor Market” Research Report 2018- 2026 covers summery, market outlook, trends, classification, value chain structure and market key performance by dominant region/ countries. This Report gives you in-detailed data for business strategies, growth prospects and historical and futuristic revenue and costs by analyzing data of key players industry. Download PDF Brochure of Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/2429 The Catering and Food Service Contractor Market
Foaming Creamer Market to Exhibit Significant Opportunity Assessment During 2018 …
The business research report on “Foaming Creamer Market” Research Report 2018- 2026 covers summery, market outlook, trends, classification, value chain structure and market key performance by dominant region/ countries. This Report gives you in-detailed data for business strategies, growth prospects and historical and futuristic revenue and costs by analyzing data of key players industry. Download PDF Brochure of Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/3014 Most of the information assembled is exhibited in a graphical
Cell & Gene Therapy Market Growing at Faster Rate by Top Players Amgen, Biogen, …
The global " Cell & Gene Therapy Market" has examined the current state from the definitions, characterizations, applications and structure of the trade chain. The report focuses on propensities for improvement along with history, dynamic scene assessment, key regions, and so on. It contains the landscape of large companies and a large market, as well as a SWOT analysis of the major manufacturers. The market economy is further divided by business

All 5 Releases


More Releases for Balloon

Foil Balloon & Latex Balloon Global Market 2019: Key Players – Gemar Balloons, …
Foil Balloon & Latex Balloon Industry Description Wiseguyreports.Com Adds “Foil Balloon & Latex Balloon -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database The global Foil Balloon & Latex Balloon market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Foil Balloon &
Balloon Catheter Market Report 2018: Segmentation by Product (Normal Balloon Cat …
Global Balloon Catheter market research report provides company profile for B. Braun Melsungen, Jotech, QX Medical, Meril Life, Hexacath, Boston Scientific, Medtronic, Terumo Corporation, MicroPort Scientific Corporation and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to
Ptca Balloon Catheter Market Forecast By 2021
Percutaneous transluminal coronary angioplasty (PTCA) refers to a minimally-invasive procedure for opening blocked or narrowed coronary arteries caused by coronary arteries disease (CAD). PTCA balloon catheters help to allow the blood to flow from the arteries to the heart muscles without the need for open heart surgery. Coronary heart disease is caused by smoking, high blood pressure, diabetes, and a high level of cholesterol in the blood. Some of the
Global Balloon And Dirigible Market 2017-2025
IndexBox has just published a new report "World: Balloons And Dirigibles; Gliders, Hang Gliders And Other Non-Powered Aircraft - Market Report. Analysis and Forecast to 2025" ( http://www.indexbox.co.uk/store/world-ballasts-for-discharge-lamps-or-tubes-market-report-analysis-and-forecast-to-2020?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed
Global Balloon And Dirigible Market, 2025
IndexBox has just published a new report "World: Balloons, Dirigibles And Other Non-Powered Aircraft - Market Report. Analysis and Forecast to 2025" ( no link?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the
Intra-aortic Balloon Pump (IABP)
The Intra-aortic balloon pump (IABP) is a mechanical device that increases myocardial oxygen perfusion while at the same time increasing cardiac output. Increasing cardiac output increases coronary blood flow and therefore myocardial oxygen delivery. It consists of a cylindrical polyethylene balloon that sits in the aorta, approximately 2 centimeters (0.79 in) from the left subclavian artery and counterpulsates. That is, it actively deflates in systole, increasing forward blood flow by