The Global Drug-Eluting Balloon Market estimated at US$400.1 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 24% over the period 2021-2027.
A drug-eluting balloon is defined as a semi-compliant conventional angioplasty balloon covered with an antiproliferative drug that is released from the vessel wall at predominantly nominal pressure during balloon inflation. These balloons help to significantly weaken the cytoplasm and eliminate the need for repetitive blood vessel formation. The growth of Drug-Eluting Balloons in the medical market is attributed to the increasing incidence of vascular disease, increased product innovation and a growing geriatric population. On the other hand, the market is expected to slow its growth during the forecast period due to high process and product costs and strict approval regulations.
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Market Segments
By Product Type
- Coronary Drug-Eluting Balloons
- Peripheral Drug-Eluting Balloons
- Other Product Types
By End-User
- Hospitals
- Cath Labs & Cardiac Centers
- Ambulatory Surgical Centers
Key Players
- Koninklijke Philips N.V.
- Concept Medical Inc.
- Opto Circuits (India) Limited (Eurocor Tech GmbH)
- Terumo Corporation
- BIOTRONIK SE & Co. KG
- Innvolution Healthcare Pvt. Ltd.
- Medtronic Plc
Scope of the Report
The research study analyzes the global Drug-Eluting Balloon industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global ## Market is available at: https://www.orionmarketreports.com/drug-eluting-balloon-market-market/62228/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Drug-Eluting Balloon Market Report
1. What was the Drug-Eluting Balloon Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Drug-Eluting Balloon Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Drug-Eluting Balloon Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Drug-Eluting Balloon market.
- The market share of the global Drug-Eluting Balloon market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Drug-Eluting Balloon market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Drug-Eluting Balloon market.
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