Press release
The Market For Cutting Balloon Catheters Is Expected To Expand At 4% CAGR From 2021-2031
Cutting Balloon Catheter Market
Rising cardiac diseases and old age population and numerous advantages of cutting balloon catheters are primary factors boosting the sales of cutting balloon catheters across geographies.
Moreover, the market is expected to grow due to rising prevalence of peripheral vascular diseases and also various developments in catheterization technology, thereby driving demand for angioplasty balloons.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:https://www.factmr.com/connectus/sample?flag=S&rep_id=145
๐๐ผ๐ ๐ฎ๐ฟ๐ฒ ๐๐ฑ๐๐ฎ๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐๐ ๐ถ๐ป ๐ ๐ฒ๐ฑ๐ถ๐ฐ๐ฎ๐น ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐๐๐ฒ๐น๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต?
The market for angioplasty balloons is expected to be driven by technological advancements and increased R&D. Furthermore, use of cutting balloon catheters for treatment is likely to increase among patients suffering from end-stage renal disease, with a majority of these patients undergoing catheter surgery.
Rising advanced cutting balloon catheter announcements by main players for coronary heart disease and peripheral heart disease treatment are expected to boost sales of cutting balloon catheter devices over the coming years.
Furthermore, growing cases of cardiovascular diseases require the development of more efficient cutting balloon catheters. Due to increased customer demand for such devices, cutting balloon catheter device manufacturers are concentrating their efforts on developing advanced products.
๐ช๐ต๐ถ๐ฐ๐ต ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป ๐ถ๐ ๐ฎ ๐๐๐ฐ๐ฟ๐ฎ๐๐ถ๐๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐๐๐๐๐ถ๐ป๐ด ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ฒ๐ฟ๐?
North America will continue to be the leading market for cutting balloon catheters over the next ten years. Revenue from the North American region will grow 1.3X by 2031.
Presence of well-established healthcare sector in the region is mainly responsible for this. Furthermore, factors such as growing healthcare expenditure and rising healthcare awareness are assisting market growth in the region. Also, because of increased regulatory approvals and product launches in the region, North America is expected holds the largest share in the market.
All in all, growing demand for coronary artery disease cutting balloon catheters in Canada, rising sales of nylon cutting balloon catheters in Argentina, and increasing demand for peripheral cutting balloon catheters in the U.K. are all making a significant contribution to global market growth prospects for cutting balloon catheters.
๐ช๐ต๐ ๐ฎ๐ฟ๐ฒ ๐๐๐๐๐ถ๐ป๐ด ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐ฟ๐ผ๐ป๐ฎ๐ฟ๐ ๐๐ฟ๐๐ฒ๐ฟ๐ ๐๐ถ๐๐ฒ๐ฎ๐๐ฒ ๐๐ฎ๐ถ๐ป๐ถ๐ป๐ด ๐๐บ๐บ๐ฒ๐ป๐๐ฒ ๐ฃ๐ผ๐ฝ๐๐น๐ฎ๐ฟ๐ถ๐๐ ๐ถ๐ป ๐๐ต๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Demand for cutting balloon catheters for coronary artery disease is expected to increase 1.2X over the next ten years.
According to the Centers for Disease Control and Prevention (CDC), coronary artery disease was the leading cause of death in the United States in 2017, killing 365,914 people. Coronary artery disease (CAD), or coronary heart disease (CHD), is a severe disease that arises when plaque forms in the coronary arteries that supply oxygen-rich blood to the heart.
A cutting balloon catheter is an advanced percutaneous coronary intervention device. Without the need for open heart surgery, cutting balloon catheters help blood flow from the arteries to the heart muscles.
Technological advancements in angioplasty, rising rates of coronary artery disease, and increased adoption of cutting balloon catheters for coronary artery disease are expected to drive market growth.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐:https://www.factmr.com/connectus/sample?flag=RC&rep_id=145
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Several major market players are concentrating their efforts on forming effective joint ventures, acquisitions, and/or collaborations to expand their respective customer bases. Leading manufacturers of cutting balloon catheters are concentrating their efforts on new product developments and launches to increase their market share.
With constant development in the healthcare industry, cutting balloon catheter manufacturers are keeping a record of the latest advancements to formulate key business strategies.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ:
โข Abbott Laboratories
โข Boston Scientific Corporation
โข Terumo Corporation
โข Medtronic Plc.
โข B. Braun Melsungen AG
โข BIOTRONIK SE & Co. KG
โข Cordis Corporation
โข Cook Medical Inc.
โข MicroPort Scientific Corporation
โข Cardionovum GmbH
โข Meril Life Sciences Pvt Ltd
โข Hexacath
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐๐๐๐ถ๐ป๐ด ๐๐ฎ๐น๐น๐ผ๐ผ๐ป ๐๐ฎ๐๐ต๐ฒ๐๐ฒ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Indication
โข Coronary Artery Disease
โข Peripheral Vascular Disease
Raw Material
โข Polyurethane
โข Nylon
โข Others
End User
โข Hospitals
โข Ambulatory Surgical Centers
โข Cardiac Catheterization Laboratories
๐๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐:
https://www.prnewswire.com/news-releases/inclination-towards-biodegradable-paints-to-elevate-oleate-esters-sales-at-5-8-cagr-in-2022--301569567.html
https://www.prnewswire.com/news-releases/surging-commercial-aircraft-production-to-offer-anaerobic-adhesives-us-1-bn-market-opportunity-by-2032-301571009.html
https://www.prnewswire.com/news-releases/facility-management-market-to-surpass-us-153-bn-registering-staggering-12-5-cagr-by-2032--301571759.html
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