The global angioplasty balloons market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period (2024-2031). The rising awareness and treatment regard with heart-related diseases are one of the key factors driving the market. The cases related with heart diseases had been increased in recent time that are becoming a cause of death and disability in countries that are developing and even in developed ones. According to U.S. Department of Health & Human Services around 600,000 Americans die due to heart disease every year. For the purpose of giving effective treatment to increasing patients suffering from heart diseases across the globe the demand related with angioplasty balloon are increasing that is driving the market.
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The key players operating in the global angioplasty balloons market had been adopting strategy such as new launches to major market share. For instance, in March 2021, Medtronic had set forth the bringing of a device named as Chameleon percutaneous transluminal angioplasty (PTA) balloon catheter for the treatment of renal arteries, femoral, iliac among others for countries that includes Germany, Italy, Portugal, South Africa, Spain, and Turkey.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
o By End User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Abbott, B. Braun Melsungen AG, Boston Scientific Corp., Koninklijke Philips N.V., and Medtronic
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Angioplasty Balloons Market – Segmentation
By Product Type
- Cutting Balloon Catheter
- Drug Coated Balloon Catheter
- Normal Balloon Catheter
- Scoring Balloon Catheter
By Application
- Coronary Angioplasty
- Peripheral Angioplasty
- Carotid Angioplasty
- Renal Artery Angioplasty
- Venous Angioplasty
By End User
- Hospitals
- Ambulatory Surgical Centers
- Other
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