According to Stratagem Market Insights’ latest report, the Global Balloon Catheters Market is projected to develop at a rapid pace from 2021 to 2028. During the forecast period, the report proposes to estimate market share in terms of volume. The report contains an in-depth industry 360° outline with Business Model Trends, Current Developments, Growth Drivers, Opportunities, Industry challenges, SWOT Analysis, Porter’s Five Analysis. Besides, it reveals insight into the thorough competitive landscape of the worldwide Balloon Catheters market. The report further offers an instrument panel outline of driving organizations including their fruitful advertising methodologies, market commitment, and ongoing improvements in both noteworthy and present situations.
Many physicians prefer to use balloon catheters because they have a higher success rate when compared with other types of catheters. These types of catheters expand and contract based on the amount of pressure being applied and they typically offer better results than other options such as sutures and balloon catheters that can be messy and uncomfortable, especially when used in larger areas such as the lungs or abdominal cavity. The larger diameter of a balloon catheter provides a greater area of expansion and therefore, these devices often show better results than smaller diameter counterparts. This can lead to higher success rates in a variety of circumstances including varicose veins, resolving enlarged pulmonary veins, relieving edema, and diverticulitis as well as increasing the blood flow in the perineal area.
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Top Key Players:
Major players operating in the global balloon catheters market include, Abbott Laboratories, Becton Dickinson and Company, Boston Scientific Corporation, Bard Medical Division, B. Braun Melsungen AG, Johnson & Johnson, Teleflex Incorporated, Medtronic, Plc, Edwards Lifesciences Corporation, Vascular Solutions, Inc., and OrbusNeich
High prevalence of urgency urinary incontinence is expected to propel the growth of the global balloon catheters market over the forecast period. For instance, according to the International Continence Society, in 2018, 63 million people suffered from urgency urinary incontinence worldwide. Moreover, the increasing adoption of balloon ablation catheters is also expected to aid in the growth of the market. For instance, in October 2021, Biosense Webster announced the first cases using a radiofrequency balloon ablation catheter were completed in September 2021 at sites across Europe using the Biosense Webster Heliostar Balloon Ablation Catheter.
North America is expected to witness significant growth in the global balloon catheters market, owing to the high prevalence of coronary artery disease. For instance, according to ‘Heart disease and stroke statistics—2019 update’, a report from the American Heart Association, published in 2019, CAD accounted for 365,914 deaths in the U.S. in 2017.
Major players operating in the global balloon catheters market are focused on launching new products to expand their product portfolio. For instance, in June 2020, the Food and Drug Administration approved Infinity Angioplasty Balloon Co.’s INFINITY ANGIOPLASTY BALLOON CATHETER for PTA treatment of peripheral arterial disease.
- High prevalence of urgency urinary incontinence is expected to propel the growth of the global balloon catheters market over the forecast period
- Major players operating in the global balloon catheters market are focused on launching new products to expand their product portfolio. For instance, in July 2021, Medtronic launched Prevail drug-coated balloon catheter in Europe for the treatment of coronary artery disease (CAD) patients.
Major Data Covered that Buyer can Acquire from Report:
Detailed market segmentation, regional analysis, and competitive landscape of the industry, Exclusive Summary (Objective of Study and Research Scope, Methodology and Data Source), Production, Revenue (Value), Price Trend, Industrial Chain, and raw material sourcing strategy.
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Segmentation analysis includes a descriptive evaluation of the segment, a representation of the market stocks made up of each section, the growth rate of all sections, and the attractiveness of the segment in terms of revenue. The regional assessment includes markets for all regions, growth rates for each region, and identifies developments based on historical data in the section.
Based on Type, the Balloon Catheters market is segmented:
Based on the Applications, the Balloon Catheters market is divided:
Region-Wise Segmentation of the Balloon Catheters Market:
The Middle East and Africa (Turkey, GCC Countries, Egypt, South Africa), North America (United States, Mexico, and Canada), South America (Brazil, etc.), Europe (Germany, Russia, UK, Italy, France, etc.), Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Key Objectives of Balloon Catheters Market Report:
- Balloon Catheters market provides Industry Overview, Definition, Classification Analysis, Industry Development Overview, Product History Development Overview
- Import and Export Market Analysis, Main Region Market Analysis, Market Comparison Analysis, Market Development Trend Analysis
- Balloon Catheters Market report also contains Up and Down Stream Industry Analysis, Upstream Raw Materials Analysis, Manufacturing Cost Structure, Demand Analysis
- Balloon Catheters market report provides Key Manufacturers Analysis with Company Profile, Product Picture and Specification, Product Application Analysis, Price Cost Production Value, Contact Information
Key Reasons to Purchase:
- To gain insightful analyses of the market and have a comprehensive understanding of the global market and its commercial landscape.
- Assess the production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the market and their impact on the global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for the market.
- Besides the standard structure reports, we also provide custom research according to specific requirements.
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 Who are the global manufacturers of Balloon Catheters, what are their market share, price, volume, competitive landscape, SWOT analysis, and future growth plans?
 What are the key drivers, growth/restraining factors, and challenges of Balloon Catheters?
 How is the Balloon Catheters industry expected to grow in the projected period?
 How has COVID-19 affected the Balloon Catheters industry and is there any change in the regulatory policy framework?
 What are the key areas of applications and product types of the Balloon Catheters industry that can expect huge demand during the forecast period?
 What are the key offerings and new strategies adopted by Balloon Catheters players?
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