Press release
The Market For Stent Graft Balloon Catheters Is Expected To Surge At 7% CAGR From 2021 To 2031
Stent Graft Balloon Catheter Market
Usually, stent graft balloon catheter devices are adopted in balloon angioplasty and stenting. These stents prevent risks related to re-narrowing that occurs in several patients undergoing angioplasty, as well as risks associated with abrupt artery closure. On the back of these benefits, demand for stent graft balloon catheters is on the rise across regions.
Sophisticated healthcare infrastructure, rising awareness about balloon angioplasty procedures, and growing demand for E-xpand stent graft balloon catheters are further expected to influence the growth of the market over the coming years. Increasing sales of compliant balloon stents catheters and prominent presence of endovascular stent graft manufacturers are also driving market growth. All of these factors are expected to drive the market at 7% CAGR across 2021 to 2031 and raise the utilization of stent graft balloon catheters.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.factmr.com/connectus/sample?flag=S&rep_id=149
๐ช๐ต๐ถ๐ฐ๐ต ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป ๐ถ๐ ๐ฎ ๐๐๐ฐ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฒ๐ป๐ ๐๐ฟ๐ฎ๐ณ๐ ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ ๐ฆ๐๐ฝ๐ฝ๐น๐ถ๐ฒ๐ฟ๐?
Europe is estimated to be the most attractive market for balloon catheter angioplasty, and especially for stent graft balloon catheters. Revenue in the European regional market is expected to grow 1.4X by 2031.
The market is expected to witness healthy growth in the region due to increasing prevalence of coronary artery disease and the rise in per capita expenditure on healthcare. Also, it has been analyzed that balloon catheter stenting for coronary applications has been widely adopted in clinical practice, and is associated with improved health outcomes in Europe.
Growing demand for stent graft balloon catheters in Canada and rising sales of polyurethane stent graft balloon catheters in Germany are all making a significant contribution to global market growth prospects for stent graft balloon catheter suppliers.
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐ฆ๐๐ฒ๐ป๐ ๐๐ฟ๐ฎ๐ณ๐ ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Product Type
โข Compliant Balloon Stent Catheters
โข Non-compliant Balloon Stent Catheters
End user
โข Stent Graft Balloon Catheters for Hospitals
โข Stent Graft Balloon Catheters for Ambulatory Surgical Centers
โข Stent Graft Balloon Catheters for Cardiac Catheterization Laboratories
Indication
โข Stent Graft Balloon Catheters for Coronary Artery Disease
โข Stent Graft Balloon Catheters for Peripheral Vascular Disease
โข Stent Graft Balloon Catheters for Balloon Angioplasty
โข Stent Graft Balloon Catheters for Bypass Graft Surgery
โข Stent Graft Balloon Catheters for Atherosclerosis Patients
Raw Material
โข Polyurethane Stent Graft Balloon Catheters
โข Nylon Stent Graft Balloon Catheters
โข Others
๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐-๐๐ถ๐๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐
๐ช๐ต๐ ๐ฎ๐ฟ๐ฒ ๐๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐ฆ๐๐ฒ๐ป๐ ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ๐ ๐๐ฎ๐ถ๐ป๐ถ๐ป๐ด ๐๐บ๐บ๐ฒ๐ป๐๐ฒ ๐ฃ๐ผ๐ฝ๐๐น๐ฎ๐ฟ๐ถ๐๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Compliant balloon stent catheters hold significant market share. Sales of compliant balloon stent catheters are expected to increase by 2X over the forecast period.
Compliant balloon stent catheters, also known as elastomeric balloon stent catheters, are inflated by volume rather than pressure. Silicone material is commonly used to make compliant (elastomeric) balloons. They are frequently widely used for applications that need the balloon to entirely adapt to or occlude the anatomy. They can stretch 100% to 800%.
One of the elements fueling the sales of compliant balloon stent catheters is rising need for fully conforming balloons.
๐ช๐ต๐ ๐ถ๐ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ณ๐ผ๐ฟ ๐ฆ๐๐ฒ๐ป๐ ๐๐ฟ๐ฎ๐ณ๐ ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ๐ ๐๐ถ๐ด๐ต ๐ฎ๐ ๐๐ผ๐๐ฝ๐ถ๐๐ฎ๐น๐?
Based on end user, hospitals will retain their dominance in the global stent graft balloon catheter market over the next ten years. One of the key factors driving segment growth is increased treatment of coronary artery disorders at hospitals.
Furthermore, hospitals have moved workers from cardiac departments to other departments in need, such as emergency departments or intensive care units (ICU).
Availability of advanced technologies as well as high requirement for minimally invasive surgical procedures are both driving demand for stent graft balloon catheters from hospitals.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=149
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Expansions, capital investments, R&D activities, technological developments, new product releases, distribution agreements, product portfolio, collaborations, mergers & acquisitions, and strategic alliances are all used by top manufacturers of stent graft balloon catheters.
Top stent graft balloon catheter suppliers have implemented an expansion strategy to increase their production capabilities to meet the growing demand for diverse applications. Several product developments in stent graft balloon catheters are being approved by regulatory bodies for treating vascular diseases.
โข For example, the FDA recently approved an expandable balloon stent graft developed by W.L. Gore & Associates for the treatment of peripheral artery disease.
Key Companies Profiled:
โข Medtronic Plc
โข Cordis Corporation
โข B. Braun Melsungen AG
โข Cook Medical INC
โข Terumo Corporation
โข Boston Scientific Corporation
โข MicroPort Scientific Corporation
โข Jotech GmbH
โข Cardionovum GmbH
โข Hexacath
โข Abbott Laboratories
โข Meril Life Sciences Pvt. Ltd.
๐๐ข๐ฉ๐๐-๐ญ๐ต ๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ป ๐๐ป๐ฑ๐๐๐๐ฟ๐
The World Health Organization has declared COVID-19 a public health emergency since it has spread to practically every country across the globe.
The COVID-19 pandemic altered the perception of healthcare among individuals. The healthcare and medical industries underwent considerable adjustments after the pandemic occurred in 2020.
Because of the pandemic, chronic disease management and patient monitoring were severely disrupted, and many heart patients were unable to visit hospitals. As a result, demand for stent graft balloon catheters decreased.
The spread of COVID-19 had a wide range of consequences, including huge slowdown in the supply chain, stock market instability, drop in corporate confidence, and rising public uncertainty about the future.
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.prnewswire.com/news-releases/moisture-curing-adhesives-sales-to-nearly-double-construction-industry-to-account-for-14th-of-overall-sales-301407557.html
https://www.prnewswire.com/news-releases/perfluorocarbons-demand-to-grow-by-1-5x-as-focus-on-improving-diagnostic-imaging-rises-301408833.html
https://www.prnewswire.com/news-releases/narrow-body-aircraft-refurbishing-to-create-over-us-1-8-bn-incremental-opportunity-in-aircraft-refurbishing-market-through-2031--301409832.html
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