Angioplasty Balloons Market Exhibiting Significant Growth To Reach USD 2.41 Billion By 2021

31-Aug-2018 | Zion Market Research

Some of the major companies in angioplasty balloons market comprise Cook Medical, NATEC Medical, C.R. Bard Inc., Medtronic plc, Spectranetics Corporation, Boston Scientific Corporation, BIOTRONIK SE & CO. KG, ENDOCOR GmbH, Abbott Laboratories, Cordis Corporation, and Opto Circuits Ltd. among others. These players are claimed to boost the global angioplasty balloons market in the years to come.

As per the analysts at Zion Market Research, the global demand for angioplasty balloons market was capitalized at almost USD 1.95 Billion in 2015, and is likely to create income of almost USD 2.41 Billion by 2021, developing at a CAGR of almost 4.3% from 2016 to 2021.

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This review is based on a report by Zion Market Research, titled “Angioplasty Balloons Market by Product (Drug Eluting Balloons, Normal Balloons, Cutting Balloons, and Scoring Balloons) Market by Material (Semi-Compliant Balloons and Non-Compliant Balloons): Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021”- Report at http://www.zionmarketresearch.com/report/angioplasty-balloons-market

Increasing Cases Of Target Disease To Drive The Global Demand For Angioplasty Balloons Market

As per the analysts at Zion Market Research, the global angioplasty balloons market is majorly boosted by increasing cases of target disease such as diabetes and peripheral artery diseases. Other major catalysts for the development of angioplasty balloons market are increasing elderly population paired with launch of technologically enhanced diagnostics. On the other hand, rise in number of market players has led to cost war, which is a primary limitation that might hinder the growth of the global angioplasty balloons market. Nevertheless, emerging markets and technological enactments all over the world are expected to reveal new growth opportunities for angioplasty balloons market in the years to come.

Various research and development activities carried out academic bodies is also set to develop the global angioplasty balloons market. For example, in June 2015, angioplasty using paclitaxel coated balloon lowers restenosis in peripheral artery disease. This was claimed in a study that was published in the New England Journal of Medicine.

Global-Angioplasty-Balloons-Market

Latin America To Display Noticeable Development In Global Angioplasty Balloons Market In The Years To Come

The global angioplasty balloons market is divided based on of various products including normal balloon, drug eluting balloons, scoring balloon, and cutting balloon. In 2015, normal balloon division was the biggest division in angioplasty balloons market and added up for biggest share of the entire market. Normal balloon division is likely to carry on its supremacy in the angioplasty balloons market in the years to come.

Europe, North America, Latin America, Asia Pacific, and Middle East & Africa are major regional divisions of global angioplasty balloons market. North America is likely to stay the dominant area in the global market over the forecast period. Europe was 2nd biggest area in 2015 for angioplasty balloons market. Asia Pacific is likely to be the quickest developing region in angioplasty balloons market in the years to come. In addition to this, Latin America is also likely to display noticeable development for global angioplasty balloons market in the coming years.

The global angioplasty balloons market is segmented as follows:

By Product

  • Drug Eluting Balloons
  • Normal Balloons
  • Cutting Balloons
  • Scoring Balloons

By Material 

  • Semi-Compliant Balloons
  • Non-Compliant Balloons

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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