“๐๐ง ๐ญ๐จ๐๐๐ฒ’๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐ฆ๐๐ซ๐ค๐๐ญ, ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ข๐ฌ ๐ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฌ๐ญ๐๐ฉ ๐ข๐ง ๐ข๐๐๐ง๐ญ๐ข๐๐ฒ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐ซ๐๐๐ญ ๐ญ๐๐ซ๐ ๐๐ญ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ ๐๐ง๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ข๐ง๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ฌ๐๐ ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ซ ๐ญ๐ก๐๐ข๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ง๐๐๐๐ฌ. ๐๐ก๐ข๐ฅ๐ ๐๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐๐ฌ๐ ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐๐ฏ๐๐ซ๐ฒ ๐๐๐๐๐ญ ๐๐ง๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ฉ๐ซ๐จ๐๐ฅ๐๐ฆ ๐ฉ๐ซ๐๐ฌ๐๐ง๐ญ๐๐ ๐๐ฒ ๐ญ๐ก๐ ๐ฉ๐๐ซ๐ญ๐ข๐๐ฎ๐ฅ๐๐ซ ๐ฌ๐๐๐ญ๐จ๐ซ ๐ข๐ฌ ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก๐ฅ๐ฒ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐๐. ๐๐ญ ๐๐ฅ๐ฌ๐จ ๐๐จ๐ง๐ฌ๐ข๐๐๐ซ๐ฌ ๐ง๐ฎ๐ฆ๐๐ซ๐จ๐ฎ๐ฌ ๐ ๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐ซ๐๐๐จ๐ซ๐ฆ๐ฌ, ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ, ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐๐ก๐๐ฏ๐ข๐จ๐ฎ๐ซ, ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐๐ง๐ ๐๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ, ๐๐ง๐ ๐ซ๐๐ฉ๐ข๐๐ฅ๐ฒ ๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ญ๐๐๐ก๐ง๐ข๐๐๐ฅ ๐๐ซ๐๐๐ค๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐ฌ. ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐ฉ๐ฅ๐๐ง๐ฌ ๐๐ง๐ ๐ฉ๐จ๐ฅ๐ข๐๐ข๐๐ฌ.”
Global Drug Eluting Balloon Market
Overview:
The drug eluting balloon plays a vital role in the healthcare industry, as it delivers medicines homogeneously into the vessel and helps prevent neointimal hyperplasia.
The global drug eluting balloon market size was valued at US$ 420 million in 2017, and is expected to exhibit a CAGR of 8.1% over the forecast period (2018 – 2026).
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Drivers:
Rising incidence of diabetes and coronary artery disease across the globe is expected to boost the growth of the global drug eluting balloon market over the forecast period. The drug eluting balloon is often used for the treatment of coronary artery disease. For instance, as per the World Health Organization (WHO), coronary heart disease is one of the leading cause of death across the globe; an estimated 3.4 million women and 3.8 million men die each year from the disease. Moreover, the number of deaths in the age group of 15 to 59 years is about 1332 thousand and for those above 60 years of age is about 5825 thousand.
Diabetes can damage the blood vessels and nerves associated with the heart and lead to heart disease. For instance, according to the WHO, more than 1.5 million individuals across the globe died due to diabetes in 2019.
Restraints:
Adverse effects such as lumen enlargement and coronary artery lesion are expected to hamper growth of the global drug eluting balloon market. For instance, in May 2017, Abbott Vascular initiated a voluntary recall of specific lots of three catheters due to 19 reports of injury, and one report of death associated with difficulty removing the protective balloon sheath, resulting in issues with inflating or deflating the balloon.
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Regional Insights:
North America is expected to witness robust growth in the global drug eluting balloon market due to the high prevalence of obesity, increasing prevalence of cardiovascular and coronary artery diseases, increasing adoption of drug eluting balloon, and growing geriatric population. For instance, as per the National Center for Health Statistics (NCHS), the crude prevalence of obesity among U.S. adults and children in 2015-2016 was 39.8% and 18.5%, respectively.
Geriatric population is prone to cardiovascular diseases, and thus with the growing geriatric population, the prevalence of cardiovascular diseases is also expected to increase. For instance, according to Centers for Disease Control and Prevention (CDC), around 19% of US population is expected to fall in the geriatric category by 2030. Moreover, around 40 million Americans aged 65 years and above are affected by cardiovascular diseases.
Competitive landscape:
Major players active in the global drug eluting balloon market Medtronic, Boston Scientific Corporation, B. Braun Melsungen AG, Cook Medical, Koninklijke Philips N.V., Biotronik, Terumo Corporation, Surmodics, Inc., Opto Circuits (India) Limited, and Becton, Dickinson and Company (BD), among others.
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Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Impact Analysis
- Key Highlights
- PEST Analysis
- PORTERโs Analysis
- Mergers and Acquisitions
- Epidemiology
- Market Dynamics
- Global Drug Eluting Balloon Market, By Product Type, 2018 โ 2026, (US$ Mn)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 โ 2026
- Segment Trends
- Coronary Drug Eluting Balloon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Peripheral Drug Eluting Balloon
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Introduction
- Global Drug Eluting Balloon Market, By End User, 2018 โ 2026, (US$ Mn)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 โ 2026
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- CATH Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Ambulatory Surgery Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2026, (US$ Mn)
- Introduction
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