Press release
Drug Eluting Balloon Market Key Players | Medtronic, Becton, Dickinson and Company (BD), Boston Scientific Corporation
The global Drug Eluting Balloon market was valued at $420 Mn in 2020 and is expected to reach $843.2 Mn by 2028 growing at a CAGR of 8.1% over the forecast period 2021-2028Drug eluting balloons are angioplasty balloons that are coated with an anti-proliferative drug, which is eluted in vessel walls during the inflation of balloon, usually at nominal pressure with a specific minimal inflation time. The active substance coated on the drug eluting balloon should be lipophilic in nature to have a high absorption rate through the vessel wall. Mostly paclitaxel is used as active ingredient due to its high pharmacokinetic transfer rate into the vessel wall and it is actively used in drug eluting balloons in the U.S. market and has been already approved for use in Europe.
Some of the key players profiled in this report are Medtronic, Becton, Dickinson and Company (BD), Boston Scientific Corporation, Cook Medical, B. Braun Melsungen AG, Koninklijke Philips N.V., Opto Circuits (India) Limited, Terumo Corporation, Surmodics, Inc
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KEY BENEFITS
• The in-depth analysis provides market intelligence with respect to segments based on types, applications and geographies to enable precise decision making
• The detailed analysis of the impact of top factors impacting the growth of the market for the short and medium term
• Value chain analysis provides key inputs on the role of all stakeholders of the market
• Porter’s five force analysis provides the potency of suppliers & buyers, threat of new entrants & substitutes along with competitive scenario of the market
• SWOT analysis and recent developments of key players are included in the report so that companies can understand the strategies adopted by competitors and make required changes to their plans
• Estimations are calculated according to the current market scenario and projected future trends for the analysis period of 2021-2028
• The report discusses the trends and opportunities in various geographies so that companies can make region specific plans to gain competitive advantage
KEY MARKETS SEGMENTS
By Product Type:
Coronary Drug Eluting Balloon
Peripheral Drug Eluting Balloon
Others
By End User:
Hospitals
CATH Laboratories
Ambulatory Surgical Centers
Others
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Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
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