Overview:
Balloon dilatation catheters are used to enlarge the narrow passage within the body when the muscles become weak and do not open in the right way. A majority of people encounter this narrowing for various reasons, such as indigestion from frequent acid reflux that causes scarring in the esophagus, for the management of urethral strictures, airway-related problems, angioplasty, tuboplasty, and in pyeloplasty. Previously, such conditions were treated surgically. However, with the introduction of balloon dilatation catheters, the respective procedures have become easier and safer through non-invasive methods.
Balloon dilation is a non-invasive procedure in which a deflated balloon is positioned in a specific area and thereafter inflated to the preset size to perform the required procedure. Complications and contradictions are rarely associated with dilation procedures. The global market for balloon dilators is categorized on the basis of types of applications such as interventional cardiology, peripheral intervention, cardiovascular surgery, gastroenterology & hepatology, and interventional oncology.
The global balloon dilators market is predicted to be dominated by North America due to the prevalent systemized healthcare infrastructure and expenditure. Advancements in technology for balloon dilatation catheters and a vast adoption rate for the use of catheters will boost the growth of the market. The market for balloon dilators in Asia Pacific will see growth due to an increase in factors such as the incidence of diseases related to the GI tract, cardiovascular systems, the population pool, and unhealthy lifestyles.
The global balloon dilators market is categorized on the following basis:
Global Balloon Dilator Market, by Application, 2015-2025 (US$ Mn)
- Interventional Cardiology
- Peripheral Intervention
- Gastroenterology and Hepatology
- Interventional Oncology
- Cardiovascular Surgery
Global Balloon Dilators Market (US$ Mn) by Geography, 2015-2025
- Europe
- Germany
- United Kingdom
- Rest of Europe
- Asia-Pacific (APAC)
- North America
- Middle East and Africa
- Latin America (LATAM)
Key players identified for the balloon dilators market include:
AMG International, B. Braun Melsungen, Bard Medical Division, Boston Scientific Corporation, CONMED Corporation, Cook Medical, Cordis Corporation, Karl Storz GmbH, Medtronic plc., Merit Medical Systems, Inc., Olympus Corporation, Smiths Medical, and Terumo Corporation
This report offers the following:
- A synopsis of the global markets for balloon dilators
- Market trends analysis for the period 2015-2025, with historical data for 2015 and forecasts through 2025, with specific CAGRs for the period 2017-2025
- Market competition analysis tools such as fractal map evaluation and market share analysis
- Qualitative evaluation tools such as challenges, market drivers, and future scenarios
- emphasis on every level of market category based on product approvals, launches, and existing and predicted market dynamics
- A common overview of the industry structure
- Company profiles emphasize key information about the main players functioning in the balloon dilators market.
