Balloon Angioplasty Market: Size, Share, Segmentation, and Forecast 2030

Balloon Angioplasty Market

Balloon Angioplasty Market- By Product (Drug Eluting Balloons, Normal Balloons, Cutting Balloons, And Scoring Balloons), By Application (Peripheral and Coronary), and By End-Use (Hospitals, ASCs, and Cath Labs): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028

Published Date: 07-Feb-2023 Category: Medical Device Report Format : PDF Pages: 182 Report Code: ZMR-6912 Status : Published

The global Balloon Angioplasty Market accrued earnings worth approximately 3.22 (USD Billion) in 2021 and is predicted to gain revenue of about 3.98 (USD Billion) by 2028, is set to record a CAGR of nearly 4.4% over the period from 2022 to 2028.

Balloon Angioplasty Market: Industry Perspective

The global Balloon Angioplasty Market accrued earnings worth approximately 3.22 (USD Billion) in 2021 and is predicted to gain revenue of about 3.98 (USD Billion) by 2028, is set to record a CAGR of nearly 4.4% over the period from 2022 to 2028. The study provides an assessment and analysis of the Balloon Angioplasty Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

Global Balloon Angioplasty Market Size

Balloon Angioplasty Market: Overview

Balloon angioplasty is a specially devised catheter with tiny balloons in a carefully guided artery to the blockage. It is then inflated for widening the opening of the artery and then increases the flow of blood to the heart. Afterward, the stent is placed in the artery at the time of this procedure for keeping the artery open. Then the balloon is shrunk and then removed from the artery. Precisely, balloon angioplasty is a kind of minimally invasive cardiac catheterization method that is utilized for opening narrow or blocked arteries.

Global Balloon Angioplasty Market

Balloon Angioplasty Market: Growth Drivers

The surge in minimally invasive surgeries and technological breakthroughs has steered demand for balloon angioplasty surgical procedures in recent years, thereby driving market trends. Moreover, an increase in cases of cardiac disorders will prop up the expansion of the balloon angioplasty market in years to come.

Nevertheless, balloon angioplasty is restricted due to unpredictable procedural consequences owing to vessel recoil & dissection as well as high restenosis rate, thereby restricting the expansion of the balloon angioplasty industry. However, the launching of drug-eluting stents providing anti-proliferative agents has remarkably reduced the restenosis rate, thereby offsetting the impact of hindrances on market growth.

Furthermore, breakthroughs in intracoronary imaging techniques and adjunct pharmacotherapies will create new growth avenues for the balloon angioplasty industry in the ensuing years.

Balloon Angioplasty Market Report Scope:

Report Attributes Report Details
Report Name Balloon Angioplasty Market Research Report
Market Size in 2021 USD 3.22 Billion
Market Forecast in 2028 USD 3.98 Billion
Compound Annual Growth Rate CAGR of 4.4%
Number of Pages 182
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered BIOTRONIK, Medtronic plc., Boston Scientific Corporation, Becton, Dickinson and Company, Cook Group Incorporated, Terumo Corporation, and Cardinal Health, Inc.
Segments Covered By Product, By Application, By End-Use, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Balloon Angioplasty Market: Regional Insights

North America To Make Notable Contributions Towards Regional Market Size By 2022-2028

The growth of the balloon angioplasty market in North America in forecasting years can be credited to the presence of giant players in the region. In addition to this, changing life patterns and an increase in the number of obese individuals prone to heart disorders due to unhealthy diet intake in countries such as the U.S. will prop up the expansion of the balloon angioplasty industry.

Balloon Angioplasty Market: Competitive Insights

Key players profiled in the study and influencing the growth of the market are:

  • BIOTRONIK
  • Medtronic plc.
  • Boston Scientific Corporation
  • Becton
  • Dickinson and Company
  • Cook Group Incorporated
  • Terumo Corporation
  • Cardinal Health Inc. 

By Product

By Application

By End-Use

  • Hospitals
  • ASCs
  • Cath Labs

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

 

Table Of Content

Methodology

FrequentlyAsked Questions

The global Balloon Angioplasty market is projected to expand over 2022-2028 the rise in minimally invasive procedures and scientific advancements have influenced balloon angioplasty surgery demand in recent years, influencing market developments. In addition, a rise in heart illnesses will support the balloon angioplasty market's growth in the years to come.

The global Balloon Angioplasty market is led by players like BIOTRONIK, Medtronic plc., Boston Scientific Corporation, Becton, Dickinson and Company, Cook Group Incorporated, Terumo Corporation, and Cardinal Health, Inc.     

According to study, The global Balloon Angioplasty Market accrued earnings worth approximately 3.22 (USD Billion) in 2021 and is predicted to gain revenue of about 3.98 (USD Billion) by 2028, is set to record a CAGR of nearly 4.4% over the period from 2022 to 2028.

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