Angioplasty balloon is used in various interventional procedures for the treatment of cardiovascular diseases. There are number of angioplasty balloon catheters available in the market. These devices come in a wide range of lengths and diameters, and are made from a variety of materials such as nylon, Polyethylene Terephthalate (PET) and polyurethane.
MARKET SCOPE
The "Global Angioplasty Balloon Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the angioplasty balloon market with detailed market segmentation type, material, end user, and geography. The report provides key statistics on the market status of the leading angioplasty balloon market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- ? On the basis of type, the market is segmented into normal balloons, drug eluting balloons, scoring balloons, and cutting balloons? On the basis of material, the market is segmented into nylon, Polyethylene Terephthalate (PET), polyurethane, silicone urethane co-polymers, and others? On the basis of end user, the market is segmented into hospitals, Ambulatory Surgery Centers (ASCs), and catheterization laboratories
MARKET DYNAMICS
Drivers
- ? Advancements in the angioplasty balloons ? Increasing of demand for angioplasty balloons in cardiac cauterization labs and surgical centers
Restraints
- ? High cost of angioplasty balloon ? Strict regulatory requirements
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The angioplasty balloon market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the angioplasty balloon market in these regions.
IMPACT OF COVID-19 ON ANGIOPLASTY BALLOON MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The global outbreak of COVID-19 has impacted all the industries.
With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others).
MARKET PLAYERS
The report covers key developments in the angioplasty balloon market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from angioplasty balloon market are anticipated to lucrative growth opportunities in the future with the rising demand for angioplasty balloon in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the angioplasty balloon market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ? Abbott? Boston Scientific Corporation? Cardinal Health? Cook Medical? C. R. Bard, Inc.? ENDOCOR GmbH? Medtronic? Spectranetics? BIOTRONIK? Terumo Medical Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.