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Balloon Valvuloplasty Device Market Share Driven by Rising Adoption in Hospitals and Ambulatory Surgery Centers | Valuates Reports
Balloon Valvuloplasty Device MarketThe global market for Balloon Valvuloplasty Device was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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The Balloon Valvuloplasty Device Market is experiencing notable market growth, driven by the rising prevalence of valvular heart diseases and the increasing adoption of minimally invasive treatment procedures. Market trends highlight the growing preference for catheter-based interventions over traditional surgeries, supported by advancements in medical technology and the rising geriatric population, which together are contributing to the expansion of overall market size.
By type, the market is segmented into 23 mm, 26 mm, and 29 mm balloon valvuloplasty devices. The 26 mm segment currently holds the largest market share, given its broad compatibility with a wide patient population and frequent use in hospital procedures. The 29 mm segment is expected to register the fastest market growth, fueled by its effectiveness in treating larger valve sizes and increasing demand in advanced cardiac care. The 23 mm segment continues to serve niche cases, supporting the overall diversity of device offerings.
By application, the hospital segment dominates the market share due to the availability of advanced cardiac units, skilled healthcare professionals, and higher patient inflow for complex heart procedures. Meanwhile, ambulatory surgery centres are emerging as a rapidly growing segment, reflecting the global trend toward cost-effective, outpatient-based, and minimally invasive cardiovascular interventions.
Looking forward, the Balloon Valvuloplasty Device market forecast suggests sustained growth opportunities as healthcare systems expand access to advanced cardiac care, supported by technological innovation and rising adoption of minimally invasive solutions. With ongoing improvements in device design, patient safety, and procedural outcomes, the market is expected to see strong long-term market growth worldwide.
Segment by Type
• 23 mm
• 26 mm
• 29 mm
Segment by Application
• Hospitals
• Ambulatory Surgery Centres
By Company
Toray, Boston, Palex Medical SA, Terumo, Tokai Medical Products Inc, Edwards
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