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Global Drug-Coated Balloons Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Acotec Scientific AG, AR Baltic Medical AB, B. Braun Melsungen AG, Becton Dickinson and Company
Drug-Coated Balloons Global Market
The Business Research Company's Drug-Coated Balloons Global Market Report 2023 identifies the rise in the prevalence of coronary artery disease is expected to propel the growth of the drug-coated balloons market going forward. Coronary artery disease (CAD) is a medical condition defined by the narrowing or obstruction of the coronary arteries, that feed blood to the heart muscle, leading to heart attacks. The drug-coated balloon is a medical device used in the treatment of coronary artery disease. The drug is released into the artery during the procedure to help prevent restenosis, which is the re-narrowing of the artery after angioplasty.
The global drug-coated balloons market size is expected to grow from $0.82 billion in 2022 to $0.95 billion in 2023 at a compound annual growth rate (CAGR) of 13.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global drug-coated balloons market size is expected to reach $1.69 billion in 2027 at a CAGR of 15.4%.
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Major players in the drug-coated balloons market are Acotec Scientific AG, AR Baltic Medical AB, B. Braun Melsungen AG, Becton Dickinson and Company, Biosensors International Group Ltd., Biotronik SE & Co. KG, Boston Scientific Corporation, Cardionovum GmbH, Concept Medical Inc., Endocor GmbH, Hexacath, iVascular SLU, Koninklijke Philips N.V., Medtronic PLC, QT Vascular Ltd., and Surmodics Inc.
A key trend in the Drug-Coated Balloons market includes the Product innovations are a key trend gaining popularity in the drug-coated balloons market. Major companies operating in the drug-coated balloons market are focused on developing new technological and innovative solutions to strengthen their position in the market.
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The Drug-Coated Balloons market is segmented -
1) By Product: Drug-Coated Balloons For Peripheral Artery Disease, Drug-Coated Balloons For Coronary Artery Disease, Drug-Coated Balloons For Other Indications
2) By Drug Type: Paclitaxel, Sirolimus
3) By End User: Hospitals, Cardiac Catheterization Labs, Ambulatory Surgical Centers
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Drug-Coated Balloons market.
The Business Research Company's "Global Drug-Coated Balloons Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Drug-Coated Balloons Market Include:
1. Executive Summary
2. Drug-Coated Balloons Market Characteristics
3. Drug-Coated Balloons Market Trends And Strategies
4. Drug-Coated Balloons Market - Macro Economic Scenario
5. Drug-Coated Balloons Market Size And Growth
……
27. Drug-Coated Balloons Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Drug-Coated Balloons Market
29. Drug-Coated Balloons Market Future Outlook and Potential Analysis
30. Appendix
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