Balloon Catheters Market is Expected to Reach US$ 5,457.2 Mn by 2025

The latest market report published by Credence Research, Inc. “Balloon Catheters Market – Growth, Future Prospects, Competitive Analysis, 2017 – 2025,” the global balloon catheters market was valued at US$ 2,989.0 Mn in 2016, and is expected to reach US$ 5,457.2 Mn by 2025 expanding at a CAGR of 6.78 % from 2017 to 2025. 

The report covers outlook and research for the Balloon Catheters market on a worldwide and regional level. The research gives noteworthy data of 2015-2017 alongside an outlook from 2018 to 2026 in view of revenue (USD Billion). The examination includes drivers and limitations for the Balloon Catheters market beside the effect they have on the request over the figure time frame. Furthermore, the report combines the study of possibilities available in the Balloon Catheters market on a worldwide level.

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Market Insights:

The balloon ends of the balloon catheters is very important aspect as it might cause trauma to the vascular endothelial tissues during inflation and hence rounded balloons are preferred more in comparison to other shapes. Two types of balloons are used for surgical procedures, first is the high pressure non elastic balloons and the second is low pressure elastic balloons. These balloons are categorized as non-compliant, semi compliant and high compliant on the basis of the change of balloon diameter as a function of pressure. Type of balloon coatings are anti-thrombogenic coatings, abrasion resistant coatings, and lubricious coatings.

In the products segment drug eluting balloon catheters are preferred as it restores normal blood flow and causes less vessel fracture in comparison to other catheters and vascular implants. Stent graft balloon catheters are useful for surgical procedures of thoracic aorta.

Polyurethane is considered as the most desirable material for the manufacturing of balloon catheters due to the features it possess such as tensile strength, biocompatibility, and hemocompatibility. Other materials will seek excellent market growth as it consists of diverse materials such as polyethylene, terephthalate, and silicone which have good pressure ratings, coefficient of friction and radial force which minimizes vessel injury during insertion.

Increasing preference for angioplasty and affordable reimbursement scenario are responsible for North America to hold the largest market share in balloon catheters market. Baby boomer population suffering with heart disease and intense market competition due to existing and emerging manufacturers of balloon catheters will contribute to the growth of Asia Pacific during the forecast duration of 2015-2025.

The premier players featuring in the balloon catheters market are MicroPort Scientific Corporation JOTEC GmbH, B. Braun Melsungen AG, Cardionovum GmbH, Biosensors International Ltd., Biotronik, Inc., Abbott Laboratories, Inc., Cook Medical Inc., Cordis Corporation, Medtronic Plc, Terumo Corporation and Boston Scientific Corporation.

Data forecast and market estimation for the geography segment has been covered in the scope of report.

Competitive landscape is determined by three parameters, product portfolio, inception, and geographical presence. It is of prime importance to get a holistic view of the prevailing competition in balloon catheters market. Company profiles provide entire range of product portfolio of the companies mapped for balloon catheters market report. Porter’s five forces model will give a summary of business environment and trends existing in the balloon catheters market. The premier players operating in balloon catheters are Boston Scientific Corporation, B. Braun Melsungen AG, Abbott Laboratories, Inc., Biosensors International Ltd., Biotronik, Inc., Cardionovum GmbH, Cook Medical Inc., Cordis Corporation, JOTEC GmbH, Medtronic Plc, MicroPort Scientific Corporation and Terumo Corporation.

This report offers extensive research on the worldwide Balloon Catheters showcase alongside, market trends, market size, drivers, and restraints of the Balloon Catheters market. This report includes an itemized focused scenario and item pattern of key merchants. To understand the competitive scene in the market, a research of Porter’s five forces model for the market has additionally been incorporated. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

Key aspects of the study include:

    Balloon Catheters Market Snapshot

    Classification of Balloon Catheters Market

    Market Overview: Market drivers, restraints and key trends analysis

    Competitive analysis of the key players operating in the market

    Market size split on the basis of geographies and sub-geographies

    Cross-sectional market size for all segments per sub-geography

    Historical market size for year 2016 with 2017 as the base year

    Forecast period: 2018 to 2026

Key questions answered in the Report

    What is the Current Market Size and Forecast for Balloon Catheters Market?

    Who are major players in the industry and what are their strategies and developments in the recent years?

    What are the key segments expected to emerge as the most attractive during the forecast period?

    Which is the most lucrative geographic region for Balloon Catheters market?

Methodology

At Credence Research, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most detailed analysis of the industry. The research process begins with extensive data mining, using authoritative sources such as trade magazines, technical publications, independent studies along with paid avenues.

Browse here for full Report with TOC: https://www.credenceresearch.com/report/balloon-catheters-market

Get Sample Copy (PDF/DOC): https://www.credenceresearch.com/sample-request/58855

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