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Balloon Valvuloplasty Device Market Size, Share And Trends By 2033
Balloon Valvuloplasty Device Market Size
As per the report, the balloon valvuloplasty device market size has grown strongly in recent years. It will grow from $2.31 billion in 2023 to $2.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The balloon valvuloplasty device market size is expected to see strong growth in the next few years. It will grow to $3.06 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.
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What Is Driving The Growth Of The Global Balloon Valvuloplasty Device Market?
Minimally Invasive Procedures Boosting Balloon Valvuloplasty Device Market Growth
The rising inclination towards minimally invasive procedures is expected to propel the growth of the balloon valvuloplasty device market going forward. Minimally invasive procedures refer to medical techniques performed through small incisions or natural body openings, reducing trauma and promoting faster recovery compared to traditional surgeries. The demand for minimally invasive procedures is on the rise due to their reduced recovery times, lower risk of complications, and lower post-operative pain compared to traditional surgeries. Balloon valvuloplasty devices are used in minimally invasive surgical procedures to widen narrowed heart valves, improve blood flow, and reduce symptoms
What Is The Key Trend In The Global Balloon Valvuloplasty Device Market?
Advancements In Balloon Valvuloplasty Devices
Major companies operating in the balloon valvuloplasty device market are focusing on developing advanced products, such as Pacing Guidewires, to gain a competitive edge in the market. A pacing guidewire is a specialized wire used to provide temporary cardiac pacing during the procedure, ensuring the heart maintains a stable rhythm while the balloon catheter is inserted and inflated to dilate the narrowed valve.
How Is The Global Balloon Valvuloplasty Device Market Segmented?
The balloon valvuloplasty device market covered in this report is segmented -
1) By Product Type: Standard Balloon, Cutting Balloon, Scoring Balloon, High-Pressure Balloon, Low-Pressure Balloon
2) By Age Group: Pediatric, Adult
3) By End-use: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other End Uses
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How Is The Competitive Landscape Of The Global Balloon Valvuloplasty Device Market?
Major companies operating in the balloon valvuloplasty device market are Cardinal Health Inc., Abbott Laboratories, Medtronic plc, Philips Healthcare, Becton Dickinson Company, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Teleflex Incorporated, Biotronik SE & Co. KG, Integer Holdings Corporation, LivaNova PLC, Cordis Corporation, NuMED Inc., Pfm Medical GmbH, Tokai Medical Products Inc, Translumina GmbH, Meril Life Sciences Pvt. Ltd., Toray Medical Company Limited, QT Vascular Ltd.
Contents Of The Global Balloon Valvuloplasty Device Market
1. Executive Summary
2. Balloon Valvuloplasty Device Market Report Structure
3. Balloon Valvuloplasty Device Market Trends And Strategies
4. Balloon Valvuloplasty Device Market - Macro Economic Scenario
5. Balloon Valvuloplasty Device Market Size And Growth
…..
27. Balloon Valvuloplasty Device Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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