Angioplasty balloons are used for surgical unblocking or widening of a blood vessel, mostly in coronary artery. Factors such as poor diet, obesity and extra cholesterol are responsible for heart related diseases and health conditions. Lack of blood supply to the heart leads to coronary artery disease that can cause heart attack. Therefore, such medical conditions should be treated with angioplasty processes to clean the blocked and narrow blood vessels. In this procedure a catheter with small balloon tip is inserted into the blood vessel, to inflate it at the blockage site to broaden the narrowed arteries.
Rise in the number of cardiovascular diseases such as coronary heart disease is expected to propel growth of the angioplasty balloons market during the forecast period. For instance, in 2016, the health protection agency released a survey that reported that heart defects cause around 610,000 deaths every year in the U.S., and the number is expected to increase. Moreover, in 2011, the World Health Organizations (WHO) estimated peripheral artery disease affects about 8 million people in the U.S. The coronary heart disease causes around 45% of deaths in the U.S.
Moreover, increasing heart related diseases such as diabetes, coronary heart disease and peripheral disease as well as increasing geriatric population is expected to boost growth of the global angioplasty balloon market.
The price conflicts caused due to increasing number of major players in the angioplasty balloon market is expected to hamper growth of the global market of angioplasty balloon.
As the market of angioplasty balloons is characterized by global availability, user-friendly and strong competition, it is expected to create lucrative growth environment for market players in developing countries.
The global angioplasty balloon market is segmented on the basis of product type, application, end-user, and geography.
By product type:
Drug eluting balloon
Ambulatory surgical centers
The global angioplasty balloon market is regionally divided into North America, Latin America, Europe, Middle East, Asia pacific, and Africa.
Among regions, North America is expected to witness significant growth in the global angioplasty balloon market due to increasing healthcare facilities that involve angioplasty, growing technological developments and development of novel products and increasing prevalence of cardiovascular diseases. For instance, in 2014, according to the world health organizations (WHO), cardiovascular diseases affects 3.4 million individuals in the North America.
Europe is also expected to witness robust growth in the global angioplasty balloons market, owing to large number of aging population suffering from cardiovascular diseases in the region.
Moreover, Asia Pacific is expected to witness strong growth in the global angioplasty balloons market during the forecast period. This is attributed to presence of the largest population with a significant number of heart disease patients, as well as 40% decreased cost of angioplasty balloon in Japan, China and India.
Major players active in the angioplasty balloon market are Cook Medical, C.R. Bard Inc., Spectranetics Corporation, BIOTRONIK SE & CO. KG, Opto Circuits Ltd., NATEC Medical, Medtronic plc, Boston Scientific Corporation, ENDOCOR GmbH, Cordis Corporation, and Abbott Laboratories.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Angioplasty Balloons Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Angioplasty Balloons Industry Impact
Chapter 2 Global Angioplasty Balloons Competition by Types, Applications, and Top Regions and Countries
2.1 Global Angioplasty Balloons (Volume and Value) by Type
2.3 Global Angioplasty Balloons (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Angioplasty Balloons Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Angioplasty Balloons Market Analysis
Chapter 6 East Asia Angioplasty Balloons Market Analysis
Chapter 7 Europe Angioplasty Balloons Market Analysis
Chapter 8 South Asia Angioplasty Balloons Market Analysis
Chapter 9 Southeast Asia Angioplasty Balloons Market Analysis
Chapter 10 Middle East Angioplasty Balloons Market Analysis
Chapter 11 Africa Angioplasty Balloons Market Analysis
Chapter 12 Oceania Angioplasty Balloons Market Analysis
Chapter 13 South America Angioplasty Balloons Market Analysis
Chapter 14 Company Profiles and Key Figures in Angioplasty Balloons Business
Chapter 15 Global Angioplasty Balloons Market Forecast (2021-2027)
Chapter 16 Conclusions
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