Drug Eluting Balloon Market will accounted for US$ 843.2 Million in 2028 and is projected to register a CAGR of 8.1% during the forecast period 2022-2028 | Boston Scientific Corporation, Cook Medical, B. Braun Melsungen AG, Koninklijke Philips N.V.

“𝐈𝐧 𝐭𝐨𝐝𝐚𝐲’𝐬 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐬 𝐚 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐬𝐭𝐞𝐩 𝐢𝐧 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐨𝐫𝐫𝐞𝐜𝐭 𝐭𝐚𝐫𝐠𝐞𝐭 𝐜𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐬𝐞𝐝 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐧𝐞𝐞𝐝𝐬. 𝐖𝐡𝐢𝐥𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, 𝐞𝐯𝐞𝐫𝐲 𝐟𝐚𝐜𝐞𝐭 𝐚𝐧𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐩𝐫𝐨𝐛𝐥𝐞𝐦 𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐭𝐡𝐞 𝐩𝐚𝐫𝐭𝐢𝐜𝐮𝐥𝐚𝐫 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐬 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡𝐥𝐲 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐞𝐝. 𝐈𝐭 𝐚𝐥𝐬𝐨 𝐜𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐬 𝐧𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐫𝐞𝐟𝐨𝐫𝐦𝐬, 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐜𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐮𝐫, 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐚𝐧𝐝 𝐟𝐮𝐭𝐮𝐫𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐫𝐚𝐩𝐢𝐝𝐥𝐲 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐛𝐫𝐞𝐚𝐤𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐬. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐢𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐩𝐥𝐚𝐧𝐬 𝐚𝐧𝐝 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬.”

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

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. 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)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Market Trends
   • Impact Analysis
   • Key Highlights
   • PEST Analysis
   • PORTER’s Analysis
   • Mergers and Acquisitions
   • Epidemiology
4. Global Drug Eluting Balloon Market, By Product Type, 2018 – 2026, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2018 and 2026 (%)
     • Y-o-Y Growth Analysis, 2017 – 2026
     • Segment Trends
   • Coronary Drug Eluting Balloon
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
   • Peripheral Drug Eluting Balloon
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
5. Global Drug Eluting Balloon Market, By End User, 2018 – 2026, (US$ Mn)
   • Introduction
     • Market Share Analysis, 2018 and 2026 (%)
     • Y-o-Y Growth Analysis, 2017 – 2026
     • Segment Trends
   • Hospitals
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
   • CATH Laboratories
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
   • Ambulatory Surgery Centers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Mn)

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