Press release
Dual Balloon Angioplasty Catheter Market to Witness Exponential Growth by 2027
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Due to minimally invasive approach of the dual balloon angioplasty catheter market is catching steam. Dual balloon angioplasty catheter is simple and easy. Increase in the prevalence of the cardiac disorders and drug can be delivered directly to the affected area by the soft and flexible catheter which drives the growth of the market. Less preference to dual balloon angioplasty by patients due to some major drawbacks of the procedure presents considerable limitation to the growth of dual-balloon angioplasty catheters market. Patients may need to perform repeat procedure as the arteries eventually may get blocked several years after angioplasty.
On the basis of indication, global dual balloon angioplasty catheter market segmented into peripheral and coronary angioplasty. Coronary angioplasty is expected to propel the dual balloon angioplasty catheter market growth of as it treat coronary artery obstruction. Manufacturing of new products with the reduced cost and maximize the value of the coronary angioplasty. Peripheral and coronary angioplasty market continues to grow in the coming years due to increase in cardiovascular disease, obesity and diabetes.
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On the basis of end user, global dual balloon angioplasty catheter market is segmented into hospitals and catheterization labs. Hospitals share the largest growth in the dual balloon angioplasty catheter market because of the high patient pool and reimbursement policies available in the hospitals.
Geographically, dual balloon angioplasty catheter market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to maintain its position in the dual balloon angioplasty catheter market due to presence of the major market players and high cost of the device. Asia pacific is expecting the fastest growing rate in the dual balloon angioplasty catheter market due to the large number of patient population, rise in the healthcare expenditure and investments of the major key players in this region.
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Some of the key players present in the Dual balloon angioplasty cathter market are Spectranetics, InSitu Technologies® Inc, eucatech AG, Balton Sp. z o.o., PanMed Us, Degania Silicone Ltd, Van Oostveen Medical B.V., IMeSI, phenox GmbH, Natec Medical, Acrostak Int., SCITECH., Medinol Ltd.
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