The report aims to offer a comprehensive perspective on the Balloon Catheter Market 2030. It offers an industry overview, encompassing market growth analysis from both historical and futuristic perspectives, focusing on key parameters such as revenue, demand, and supply data where applicable. The study provides regional estimates, forecasts, and trend analysis for numerous countries, including the U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxembourg, and the rest of Europe, as well as Japan, China, South Korea, India, Australia, New Zealand, Singapore, Thailand, Malaysia, Indonesia, the Philippines, and the rest of Asia-Pacific. Additionally, it covers Brazil, Argentina, the rest of South America, UAE, Saudi Arabia, Egypt, Israel, South Africa, and the rest of the Middle East and Africa, among others. The report also addresses the impact of COVID-19 and provides forecasts for post-COVID-19 recovery.

Data Bridge Market Research analyses that the balloon catheter market which was USD 4.05 billion in 2022, is expected to reach USD 6.70 billion by 2030, at a CAGR of 6.5% during the forecast period 2023 to 2030.

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Global Balloon Catheter Market Prominent Players:

BIOTRONIK SE & Co. KG (Germany), MicroPort Scientific Corporation (China), Jotech GmbH (Germany), Johnson & Johnson Private Limited (U.S.), Vascular Solutions, Inc. (U.S.), Abbott (U.S.), BD (U.S.), Boston Scientific Corporation (U.S.), Medtronic (Ireland), Cook (U.S.), Johnson & Johnson Private Limited (U.S.), Smith+Nephew (Germany), Cardinal Health (U.S.), Terumo Corporation (Japan), Conavi Medical (U.S.), Edwards Lifesciences Corporation (U.S.), Infraredx, Inc. (U.S.), Getinge AB (Sweden), Coloplast Corp (Denmark), McKesson Medical-Surgical (U.S.), among others.

Global Balloon Catheter Market Scope:

The balloon catheter market is segmented on the basis of indication, end-users, raw material, balloon type and catheter type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Indication

• Coronary Artery Disease

• Peripheral Vascular Disease

 End-Users

• Public Hospitals and Private Hospitals

• Ambulatory Surgical Centres

• Cardiac Catheterisation Laboratories

 Raw Material

• Nylon

• Polyurethane

• Others

 Balloon Type

• High-Pressure Balloons

• Elastomeric Balloons

  Catheter Type

• Over-The-Wire (OTW) Balloon Catheters

• Rapid Exchange (RX) Balloon Catheters

• Fixed-Wire (FW) Balloon Catheters

• Normal balloon catheter

• Drug eluting balloon catheter

• Cutting balloon catheter

• Scoring balloon catheter

• Stent graft balloon catheter

Market Dynamics:

Drivers

• Increasing rate of cardiovascular diseases

The market is expected to expand due to an increase in cardiovascular disease cases worldwide. Cardiovascular diseases are the leading cause of death worldwide. According to the World Health Organization, 17.9 million people died in 2019 as a result of cardiovascular diseases. Stroke and heart attack were responsible for approximately 85% of these deaths. Globally, an estimated 1.13 billion people suffer from hypertension, which has become a major cause of brain, heart, kidney, and other related problems. Balloon catheters are used to treat a variety of cardiovascular issues. Cardiac catheterization is an imaging procedure that allows a doctor or surgeon to assess the function of a patient's heart. These trends are expected to have a significant impact on overall market growth.

• Increasing geriatric population

Globally, the market is expected to expand as the geriatric population grows. In 2019, there were approximately 703 million people aged 65 and older, according to a United Nations report. The global population of older people is expected to double to approximately 1.5 million by 2050, according to a UN report. The financial strain on old-age support systems will be significant as the population ages. The dynamics of local perfusion and brain blood flow during ageing are expected to be defined by a number of factors, including automatic dysregulation, arterial stiffness, the blood-brain barrier, and neurovascular uncoupling. Long-term, innovative, and advanced catheters have been widely used in older adults to improve overall quality of life and catheter management. Balloon catheter are widely expected to be used in the elderly population, which will benefit the market.

Opportunities

• Increased demand for catheters in health care industry

The increased prevalence of various chronic heart diseases caused by diabetes or high cholesterol has increased the demand for catheters in the health care industry. According to the World Health Organization, cardiovascular diseases killed nearly 17.7 million people in 2015, with coronary heart disease accounting for 7.4 million of those deaths. Because of a high prevalence rate and a lack of health care services in rural areas, the majority of deaths occurred in developing countries. According to the UNFPA (United Nations Population Fund), approximately 12.8% of the global population is over 60 years old, with this figure expected to rise to 22% by the end of 2050. Thus, an increase in the geriatric population and the demand for minimally invasive procedures are driving the growth of the balloon catheter market in both developing and developed economies.

Browse Report Description:

https://www.databridgemarketresearch.com/reports/global-balloon-catheter-market

Table of Content of Balloon Catheter Market:

1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Balloon Catheter market.

2: Exclusive Summary – the basic information of the Global Balloon Catheter Market.

3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Balloon Catheter; Post COVID Analysis.

4: Presenting the Global Balloon Catheter Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

5: Displaying the by Type, End User and Region/Country.

6: Evaluating the leading manufacturers of the Global Balloon Catheter Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.

7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions.

… To be continued

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