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Drug-eluting Balloon Catheters Market Size, Trends, Growth, Opportunities (2022-2029) | Medtronic, BD, and B. Braun SE

12-10-2024 07:42 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Drug-eluting Balloon Catheters Market

Drug-eluting Balloon Catheters Market

The drug-eluting balloon catheters market was valued at USD 529.4 million in 2021 and is projected to grow from USD 615.2 million in 2022 to USD 1,119.4 million by 2029, recording a CAGR of 8.9% during the forecast period (2022-2029).

The Drug-eluting Balloon Catheters Market is revolutionizing cardiovascular care by offering advanced treatment options for Peripheral Artery Disease (PAD). These devices deliver therapeutic drugs to target sites, minimizing the risk of restenosis and improving patient outcomes. Recent innovations and clinical trials are shaping the market's trajectory, making it a critical area of focus in global healthcare.

๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—ช๐—ต๐—ฎ๐˜ ๐—ฌ๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐— ๐—ถ๐˜€๐˜€๐—ถ๐—ป๐—ด: ๐—š๐—ฒ๐˜ ๐—ฎ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ (๐—ฃ๐——๐—™) ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/sample/drug-eluting-balloon-catheters-market-107028

๐—ž๐—ฒ๐˜† ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜

In August 2022, BD announced the initiation of a first-in-human precision trial for its peripheral sirolimus drug-coated balloon (DCB). This groundbreaking trial aims to evaluate the safety and efficacy of sirolimus as a potential treatment for PAD. The results of this study could pave the way for sirolimus DCBs to become a new standard of care for patients suffering from this condition.

๐—ง๐—ผ๐—ฝ ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐——๐—ฟ๐˜‚๐—ด-๐—ฒ๐—น๐˜‚๐˜๐—ถ๐—ป๐—ด ๐—•๐—ฎ๐—น๐—น๐—ผ๐—ผ๐—ป ๐—–๐—ฎ๐˜๐—ต๐—ฒ๐˜๐—ฒ๐—ฟ๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜

โ€ข Medtronic (Ireland)
โ€ข Koninklijke Philips N.V. (Netherlands)
โ€ข Boston Scientific Corporation (U.S.)
โ€ข BD (U.S.)
โ€ข B. Braun SE (Germany)
โ€ข Meril Life Sciences Pvt. Ltd. (India)
โ€ข BIOTRONIK (Germany)
โ€ข Cordis (U.S.)
โ€ข MicroPort Medical (Group) Co., Ltd. (China)

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€

๐—ฅ๐—ถ๐˜€๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ฒ๐˜ƒ๐—ฎ๐—น๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ผ๐—ณ ๐—ฃ๐—ฒ๐—ฟ๐—ถ๐—ฝ๐—ต๐—ฒ๐—ฟ๐—ฎ๐—น ๐—”๐—ฟ๐˜๐—ฒ๐—ฟ๐˜† ๐——๐—ถ๐˜€๐—ฒ๐—ฎ๐˜€๐—ฒ

The increasing incidence of PAD, a condition characterized by reduced blood flow to the extremities, is a major driver for the market. A growing aging population and a rise in diabetes and smoking-related PAD cases are fueling demand for advanced treatment options like drug-eluting balloon catheters.

๐—ง๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฐ๐—ฎ๐—น ๐—”๐—ฑ๐˜ƒ๐—ฎ๐—ป๐—ฐ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€

Innovations in drug-coating techniques and delivery systems are enhancing the efficacy and safety of these devices. The development of sirolimus-coated balloons, as seen in BD's trials, highlights the potential for improved long-term outcomes compared to traditional treatments.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐˜๐˜€

๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ผ๐—ฟ๐˜† ๐—–๐—ต๐—ฎ๐—น๐—น๐—ฒ๐—ป๐—ด๐—ฒ๐˜€

Stringent regulatory requirements for drug-coated devices can delay product launches and impact market growth. Manufacturers must conduct extensive clinical trials to demonstrate safety and efficacy.

๐—–๐—ผ๐˜€๐˜ ๐—–๐—ผ๐—ป๐˜€๐˜๐—ฟ๐—ฎ๐—ถ๐—ป๐˜๐˜€

High costs associated with drug-eluting balloon catheters may limit adoption in regions with constrained healthcare budgets. Efforts to develop cost-effective solutions are crucial for market expansion.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ

The comprehensive Drug-eluting Balloon Catheters Market report provides insights into key industry trends, competitive dynamics, and market segmentation. It covers product innovations, clinical trial developments, and regional growth patterns.

๐—™๐—ผ๐—ฟ ๐—™๐˜‚๐—น๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฉ๐—ถ๐˜€๐—ถ๐˜:https://www.fortunebusinessinsights.com/drug-eluting-balloon-catheters-market-107028

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

Leading companies such as Medtronic, BD, and Boston Scientific Corporation are driving innovation through robust R&D efforts. The focus on developing drug-coated balloon catheters that offer superior clinical outcomes is intensifying competition in the market. Collaborations and strategic partnerships further strengthen the industry's competitive edge.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€

๐—ฃ๐—ฎ๐—ฐ๐—น๐—ถ๐˜๐—ฎ๐˜…๐—ฒ๐—น ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜ ๐—Ÿ๐—ฒ๐—ฎ๐—ฑ๐˜€ ๐˜๐—ต๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜

By drug type, the paclitaxel segment dominates the market due to its proven efficacy in preventing restenosis. Ongoing research into alternative drugs like sirolimus is expected to diversify the product landscape and enhance treatment options.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€

North America and Europe are the largest markets for drug-eluting balloon catheters, driven by advanced healthcare systems and high prevalence of PAD. The Asia-Pacific region is poised for significant growth, fueled by increasing healthcare investments, improving infrastructure, and rising awareness of cardiovascular care.

๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ฐ๐—ผ๐—ฝ๐—ฒ

โ€ข Introduction of sirolimus-based DCBs to expand treatment options and improve clinical outcomes.
โ€ข Growth in minimally invasive procedures driving demand for advanced catheter-based solutions.
โ€ข Emergence of AI-driven imaging technologies for precision placement of drug-eluting balloon catheters.
โ€ข Increased focus on cost-effective innovations to ensure widespread adoption.

๐—–๐—ผ๐—ป๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐—ผ๐—ป

The Drug-eluting Balloon Catheters Market is at the forefront of transforming cardiovascular care, particularly for PAD patients. Innovations like BD's sirolimus DCB trials are setting new benchmarks in treatment efficacy and safety. As healthcare systems worldwide prioritize advanced therapeutic solutions, the market is poised for sustained growth and development.

For a detailed analysis, visit the Drug-eluting Balloon Catheters Market Report.

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐—ง๐—ผ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ป๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/drug-eluting-balloon-catheters-market-107028

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€:
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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Fortune Business Insightsโ„ข offers expert corporate analysis and accurate data, helping organizations make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

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