Angioplasty Balloons Market Forecasts to 2028 – Global Analysis By Type (Cylinders, Power Engines and Motors, Valves), Application (Animal Breeding, Feed Production, Field Work, Forestry) and By Geography
According to Stratistics MRC, the Global Angioplasty Balloons Market is accounted for $2.43 billion in 2020 and is expected to reach $3.67 billion by 2028 growing at a CAGR of 5.3% during the forecast period. The increasing prevalence of cardiovascular diseases and technological advancements are the major factors propelling the market growth. However, pricing pressure is hampering market growth.
Angioplasty balloons refer to the medical devices that are used for unblocking and widening clogged blood vessels during surgical procedures. They are regularly manufactured using nylon, polyurethane, and silicone urethane polymers and consist of nitinol constraining structures that create grooves and pillows on the surface of the balloon to offer a predictable uniform, and atraumatic dilation.
Based on the end user, the ambulatory surgery centers (ASCs) segment holds the largest share in the market due to the huge demand for treatments in these settings. In addition, treatments performed in ambulatory surgical centers are cost-effective, which helps cut down on overall medical expenses.
By geography, the Asia Pacific is going to have lucrative growth due to a rise in the initiatives by the government along with increased investments in the healthcare sector. Huge investments in research and developments by the key manufacturers in the Asia Pacific region are anticipated to boost the market's growth over the forecast period.
Some of the key players profiled in the Angioplasty Balloons Market include Abbott Laboratories, Alvimedica Medical Devices, Angioslide, Asahi Intecc, Atrium Medical, Biotronik, Boston Scientific, and C. R. Bard, Cook Medical, Lepu Medical, Medtronic, QT Vascular, SHOCKWAVE Medical, Smiths Medical, Teleflex, and Tokai Medical.
Product Types Covered:
• Cutting/Scoring Balloons
• Drug Eluting Balloons
• Normal Balloons
• Stent Graft Balloon Catheter
Disease Indications Covered:
• Coronary Angioplasty
• Peripheral Angioplasty
• Carotid Angioplasty
• Renal Artery Angioplasty
• Venous Angioplasty
• Silicone Urethane Co-Polymers
• Polyethylene Terephthalate (PET)
• Metallic Biomaterials
• Polymers Biomaterials
• Natural Biomaterials
Balloon Types Covered:
Sales Channels Covered:
End Users Covered:
• Ambulatory Surgery Centers (ASCs)
• Specialty Clinics
• Diagnostic Centers
• Physician's Offices
• Catheterization Laboratories (Cath Lab)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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