#Angioplasty Balloons Market Forecast

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Expanding Cardiovascular Solutions: Trends in the Angioplasty Balloons Market

"Angioplasty Balloons Market Size And Forecast by 2032

The revenue analysis and revenue forecast for the Angioplasty Balloons Market reveal a promising upward trajectory, driven by innovative product offerings, strategic collaborations, and expanding applications. With leaders in the industry focusing on enhanced customer experiences and operational efficiency, the market continues to present lucrative opportunities for growth. The report provides a detailed overview of these trends and their implications for the market’s future.

Data Bridge Market Research analyses that the angioplasty balloons market will exhibit a CAGR of around 4.30% for the forecast period of 2022-2029.

The global size of the Angioplasty Balloons Market has witnessed substantial growth in recent years, supported by increasing adoption across industries and regions. Market share dynamics highlight the dominance of key players while showcasing the emergence of new entrants. The market’s scope extends across multiple applications, making it a pivotal area of focus for stakeholders looking to capitalize on emerging trends and opportunities.

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Which are the top companies operating in the Angioplasty Balloons Market?

The Top 10 Companies in Angioplasty Balloons Marketinclude well-established names that lead the industry with their innovative products and strong market presence. These companies are recognized for their quality, reliability, and ability to meet the evolving needs of consumers.  each known for their significant contributions and competitive strategies that drive growth and maintain their leadership in the industry.

**Segments**

- By Product Type: - Normal Balloons - Cutting and Scoring Balloons - Drug-Coated Balloons - Stent Graft Balloons

- By Material: - Nylon - Polyurethane - Other Materials

- By End User: - Hospitals - Cardiac Catheterization Laboratories - Ambulatory Surgical Centers

**Market Players**

- Medtronic - Boston Scientific Corporation - C. R. Bard, Inc. (Becton, Dickinson and Company) - Spectranetics

The global angioplasty balloons market is segmented based on product type, material, and end user. The market for angioplasty balloons has seen significant growth in recent years due to the increasing prevalence of cardiovascular diseases and the advancements in minimally invasive surgical procedures. Different types of angioplasty balloons are available in the market, including normal balloons, cutting and scoring balloons, drug-coated balloons, and stent graft balloons. These balloons are used for various medical procedures to treat coronary artery blockages and other cardiovascular conditions. The choice of material for angioplasty balloons varies, with nylon, polyurethane, and other materials being commonly used.

Hospitals, cardiac catheterization laboratories, and ambulatory surgical centers are the primary end users of angioplasty balloons. Hospitals account for a significant share of the market due to the high volume of angioplasty procedures performed in these settings. Cardiac catheterization laboratories are specialized facilities equipped with advanced medical equipment for performing minimally invasive procedures like angioplasty. Ambulatory surgical centers are gaining popularity for their cost-effectiveness and convenience for patients requiring outpatient angioplasty procedures.

Key players in the global angioplasty balloons market include Medtronic, Boston Scientific Corporation, C. R. Bard, Inc. (Becton, Dickinson and Company), and Spectranetics. These companies are focused on research andThe global angioplasty balloons market is highly competitive and is dominated by key players such as Medtronic, Boston Scientific Corporation, C. R. Bard, Inc. (Becton, Dickinson and Company), and Spectranetics. These companies have a strong presence in the market and are known for their innovative product offerings, extensive R&D efforts, and strategic partnerships. They are constantly investing in research and development activities to develop advanced angioplasty balloons that offer better clinical outcomes and improved patient safety.

Medtronic is a leading player in the angioplasty balloons market with a wide range of products for cardiovascular interventions. The company's focus on innovation and new product development has helped it maintain its position in the market. Boston Scientific Corporation is another major player known for its cutting-edge medical technologies and solutions in the field of interventional cardiology. The company's angioplasty balloons are highly regarded for their efficacy and safety profile.

C. R. Bard, Inc. (now part of Becton, Dickinson and Company) is a key player in the angioplasty balloons market, known for its high-quality medical devices and products. The company's portfolio of angioplasty balloons caters to the diverse needs of healthcare providers and patients. Spectranetics, acquired by Philips, is a prominent player in the market, offering a range of advanced angioplasty balloons for the treatment of complex cardiovascular conditions.

The global angioplasty balloons market is witnessing significant growth driven by the increasing prevalence of cardiovascular diseases, the rising geriatric population, and the growing adoption of minimally invasive surgical procedures. The market is also benefiting from technological advancements in angioplasty devices, which have led to the development of more efficient and safer products for patients. Additionally, the expanding healthcare infrastructure in emerging economies and the increasing healthcare expenditure are further propelling market growth.

The market for angioplasty balloons is segmented based on product type, material, and end user, with different types of balloons available to cater to specific**Market Players**

- Medtronic - BD (Becton, Dickinson and Company) - Boston Scientific Corporation - Abbott - AngioDynamics - B. Braun Melsungen AG. - Biomerics - BIOTRONIK Vertriebs GmbH & Co. KG - Cook - Cardinal Health - Hexacath - JOTEC GmbH - CTK biotech, Inc - Koninklijke Philips N.V. - MicroPort Scientific Corporation - Nipro Medical Corporation - Palex Medical SA - Panmed US - Stryker - Teleflex Incorporated - Terumo Corporation - Others

The global angioplasty balloons market is witnessing significant growth driven by several key factors. One such factor contributing to this growth is the increasing prevalence of cardiovascular diseases worldwide. As the incidence of heart-related conditions rises, the demand for minimally invasive treatment options like angioplasty balloons is also increasing. Moreover, the aging population in many countries is another factor driving market growth, as older individuals are more prone to cardiovascular issues and often require interventions like angioplasty.

Technological advancements in angioplasty devices play a crucial role in the market's expansion. Innovations in materials used for manufacturing balloons, as well as improvements in balloon design and delivery systems, have led to the development of more efficient and safer products for patients. These advancements have resulted in better clinical outcomes, reduced procedure times, and enhanced patient safety, further

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Key Insights from the Global Angioplasty Balloons Market :

Comprehensive Market Overview: The Angioplasty Balloons Market is expanding rapidly, driven by innovation and growing global demand across key regions.

Industry Trends and Projections: Automation, sustainability, and digital transformation are key trends, with strong growth projected over the next few years.

Emerging Opportunities: New growth opportunities are emerging in eco-friendly technologies and untapped regional markets.

Focus on R&D: Companies are heavily investing in R&D to develop next-gen technologies like AI, IoT, and sustainable solutions.

Leading Player Profiles: Market leaders, such as Company A and Company B, dominate due to strong portfolios and global distribution.

Market Composition: The market is fragmented, with both large corporations and emerging startups driving innovation.

Revenue Growth: The market is experiencing steady revenue growth, driven by both consumer demand and industrial applications.

Commercial Opportunities: Key commercial opportunities lie in expanding into emerging markets and forming strategic partnerships.

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Peripheral Artery Disease Market Report: Significant Growth Projected Through 2033

Peripheral Artery Disease Market Report: Significant Growth Projected Through 2033

Straits Research is pleased to announce the release of its comprehensive report on the global Peripheral Artery Disease (PAD) market. The peripheral artery disease market size was valued at USD 5.22 Billion in 2024. It is projected to reach from USD 5.66 Billion by 2025 to USD 10.75 Billion by 2033, growing at a CAGR of 8.35% during the forecast period (2025–2033).

Market Overview

Peripheral artery disease is characterized by the narrowing or blockage of arteries supplying blood to the limbs, primarily due to atherosclerosis. This condition affects over 200 million adults globally, highlighting an urgent need for effective treatment options and innovations in medical technology. The increasing prevalence of PAD, driven by an aging population and rising rates of chronic diseases such as diabetes and hypertension, is a key factor fueling market growth.

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Key Drivers of Market Growth

The growth of the PAD market is attributed to several factors:

Rising Prevalence of PAD: With an increasing number of individuals diagnosed with PAD, the demand for treatment options is surging.

Technological Advancements: Innovations in minimally invasive procedures and devices are enhancing treatment efficacy and patient outcomes.

Aging Population: The global demographic shift towards an older population is contributing to a higher incidence of PAD.

Improved Healthcare Infrastructure: Enhanced healthcare systems, particularly in developing regions, are facilitating better access to treatment.

Segmentation Analysis

The Peripheral Artery Disease market can be segmented based on type, treatment method, disease category, and end-user:

By Type:

Peripheral Angioplasty Balloons

Plaque Modification Devices

Peripheral Stents

Peripheral Catheters

Hemodynamic Flow Alteration Devices

Inferior Vena Cava (IVC) Filters

Peripheral Accessories

By Treatment:

Devices

Catheters

Plaque Modification Devices

Hemodynamic Flow Alteration Devices

Others

By Disease:

Lipid Lowering Drugs

Triple-H Therapy

Glucose Regulating Drugs

Blood Clot Preventing Drugs

Inotropes

Thrombolytic Agents

Anti-Inflammatory Agents

By End User:

Hospitals & Clinics

Ambulatory Surgical Clinics

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Key Developments in the Market

The report highlights several significant developments within the PAD market:

Major players are increasingly investing in research and development to innovate new treatments and devices.

Collaborations between healthcare providers and technology companies are leading to enhanced product offerings.

Regulatory approvals for advanced medical devices are expected to boost market growth.

Leading Players in the Peripheral Artery Disease Market

Straits Research identifies several top key players driving innovation and competition in the PAD market:

Abbott Laboratories

Cardinal Health, Inc.

Boston Scientific Corporation

Cook Medical

Becton Dickinson and Company

Terumo Corporation

Koninklijke Philips N.V.

AngioDynamics, Inc.

BIOTRONIK

B. Braun Melsungen AG

These companies are pivotal in shaping the future of PAD treatment through their commitment to quality and innovation.

Browse Full Report and TOC of Peripheral Artery Disease Market

Conclusion

The global Peripheral Artery Disease market is poised for substantial growth over the coming years. The combination of rising prevalence rates, technological advancements, and an aging population presents significant opportunities for stakeholders in this sector.For more detailed insights into the Peripheral Artery Disease market trends and forecasts, please refer to our full report or contact Straits Research directly.

About Straits Research

Straits Research is a leading provider of business intelligence, specializing in research, analytics, and advisory services aimed at delivering comprehensive insights through detailed reports. For further information or inquiries about this press release or our research services, please contact us at sales@straitsresearch.com or call +1 646 905 0080.

[stephengrand]

North America Balloon Catheters Market Size, Share, Trends, Growth, Analysis, Forecast | 2024-2032

The North America balloon catheters market is poised for significant growth in the coming years, with the market size valued at USD 1.3 billion in 2023. It is expected to expand at a robust compound annual growth rate (CAGR) of 10.59% during the forecast period of 2024-2032, reaching an estimated value of USD 3.3 billion by 2032. This growth is largely driven by the increasing prevalence of cardiovascular diseases, the adoption of minimally invasive surgical procedures, and technological advancements in balloon catheter design.

Balloon catheters are medical devices that play a vital role in treating a range of cardiovascular conditions, such as coronary artery disease (CAD), peripheral artery disease (PAD), and other vascular disorders. The balloon catheter is inserted into a blood vessel, where it is inflated to widen narrowed or blocked arteries, thereby improving blood flow. This procedure, known as angioplasty, is commonly used to prevent heart attacks and strokes.

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This article delves into the key drivers, trends, challenges, market segmentation, and competitive landscape of the North American balloon catheters market. Additionally, it explores frequently asked questions (FAQs) about balloon catheters and highlights the key players shaping the market.

Market Drivers: Why Is the North America Balloon Catheters Market Expanding?

Several factors contribute to the expected growth of the balloon catheters market in North America:

1. Increasing Prevalence of Cardiovascular Diseases

The rise in cardiovascular diseases, including coronary artery disease, peripheral artery disease, and stroke, has been a major factor driving the demand for balloon catheter procedures. According to the American Heart Association, nearly 48% of the adult population in the U.S. has some form of cardiovascular disease. The growing number of patients requiring angioplasty or stenting has significantly boosted the adoption of balloon catheters.

2. Technological Advancements in Balloon Catheter Design

Innovation in balloon catheter design has improved their performance, safety, and ease of use, which has contributed to their increased adoption. Newer catheters are designed to have higher durability, smaller profiles, and better maneuverability, enabling surgeons to perform more complex procedures with greater precision. These advancements are expected to further fuel the growth of the market.

3. Shift Towards Minimally Invasive Procedures

Minimally invasive surgeries, including angioplasty, have become the preferred treatment option for many cardiovascular conditions due to their shorter recovery times, reduced risk of complications, and lower overall healthcare costs. Balloon catheter-based angioplasty procedures are less invasive than traditional surgery, which has increased their adoption across North America.

4. Aging Population

The ageing population in North America is another significant factor contributing to the growth of the balloon catheters market. As people age, the incidence of cardiovascular diseases increases, leading to a greater demand for interventional procedures like angioplasty, which often require balloon catheters.

5. Rising Healthcare Expenditure

Increased healthcare spending in North America, particularly in the U.S., has led to the adoption of advanced medical devices and treatments. The growing demand for high-quality healthcare services, along with the introduction of reimbursed medical procedures, is driving the use of balloon catheters for a range of cardiovascular treatments.

Market Challenges: Factors Limiting Growth

Despite the promising growth of the balloon catheters market, there are several challenges that could hinder its expansion:

1. High Cost of Balloon Catheters

One of the primary challenges facing the balloon catheter market is the high cost of advanced devices. While the technology behind balloon catheters continues to improve, the cost of these devices can be prohibitively high, especially for patients without insurance coverage or in regions with limited healthcare resources.

2. Risk of Complications During Procedure

While balloon catheter procedures are generally considered safe, there is still a risk of complications, such as arterial dissection, perforation, or restenosis (narrowing of the artery again after treatment). The occurrence of these complications can result in longer recovery times, additional treatments, or even the need for open surgery, which may deter some patients from opting for balloon angioplasty.

3. Regulatory Hurdles

The regulatory approval process for medical devices can be lengthy and costly. Manufacturers of balloon catheters must meet strict standards set by regulatory bodies, such as the U.S. Food and Drug Administration (FDA), which can delay the introduction of new products to the market.

Market Segmentation

The North American balloon catheters market can be segmented based on the following parameters:

1. Type of Balloon Catheters

Angioplasty Balloon Catheters: Used for coronary and peripheral artery procedures to widen narrowed or blocked arteries.

Cutting Balloon Catheters: These balloons have small blades that make incisions in the artery during inflation, enabling more effective dilation.

Scoring Balloon Catheters: These balloons have a scored surface that allows for better dilation of the arteries, particularly in cases of severe stenosis.

Drug-Eluting Balloon Catheters: These balloons are coated with drugs that help prevent restenosis after an angioplasty procedure.

2. Application Area

Coronary Artery Disease (CAD): Balloon catheters are extensively used in angioplasty for the treatment of CAD, one of the most common cardiovascular diseases in North America.

Peripheral Artery Disease (PAD): The growing incidence of PAD, particularly in older adults, has increased the demand for balloon catheters to treat narrowed arteries in the limbs.

3. End User

Hospitals: Hospitals are the primary end-users of balloon catheters, as they have the necessary infrastructure and skilled personnel to perform angioplasty procedures.

Cardiac Catheterization Laboratories (Cath Labs): Cath labs within hospitals are dedicated to performing procedures involving balloon catheters.

Ambulatory Surgical Centers (ASCs): These centers are seeing an increase in demand for minimally invasive procedures, including those involving balloon catheters.

Regional Analysis

North America holds the largest share of the balloon catheters market, with the U.S. leading the region in terms of market size and growth. The U.S. market is primarily driven by the high prevalence of cardiovascular diseases, the availability of advanced healthcare infrastructure, and the strong presence of leading balloon catheter manufacturers. Canada is also witnessing growth in the market, albeit at a slower pace due to its smaller population and healthcare system.

Competitive Landscape

The North America balloon catheters market is highly competitive, with several key players vying for market share. These companies are focusing on expanding their product portfolios, improving product quality, and entering into strategic partnerships to strengthen their market position. Some of the leading players in the market include:

1. Medtronic PLC

Medtronic is one of the dominant players in the balloon catheters market, with a wide range of angioplasty balloon catheters. The company has a strong presence in North America, with a broad distribution network and a well-established customer base.

2. Boston Scientific Corporation

Boston Scientific is another major player in the North American balloon catheter market. The company offers a wide range of balloon catheters for coronary and peripheral interventions, including drug-eluting balloon catheters.

3. Abbott Laboratories

Abbott is known for its innovative medical devices, including balloon catheters for cardiovascular interventions. The company has made significant strides in developing drug-eluting balloons for improved clinical outcomes.

4. Cook Medical

Cook Medical is a global leader in medical device innovation, providing a comprehensive range of balloon catheters for coronary and peripheral applications.

5. Terumo Corporation

Terumo is a Japanese medical device company with a strong presence in the North American balloon catheter market. The company’s offerings include cutting-edge balloon catheters for various vascular procedures.

6. Johnson & Johnson (Ethicon)

Ethicon, a subsidiary of Johnson & Johnson, is a leading player in the global balloon catheter market, providing high-quality devices for both coronary and peripheral artery procedures.

FAQs

1. What is a balloon catheter?

A balloon catheter is a medical device used in angioplasty procedures to widen narrowed or blocked arteries. It consists of a thin, flexible tube with a balloon at the tip that is inflated to compress plaque or blood clots in the arteries.

2. What are the types of balloon catheters?

The main types of balloon catheters are angioplasty balloon catheters, cutting balloon catheters, scoring balloon catheters, and drug-eluting balloon catheters.

3. What are the key applications of balloon catheters?

Balloon catheters are primarily used in the treatment of coronary artery disease (CAD) and peripheral artery disease (PAD), as well as for other vascular interventions.

4. What factors are driving the growth of the North America balloon catheters market?

The major drivers include the increasing prevalence of cardiovascular diseases, technological advancements in balloon catheter design, a shift towards minimally invasive surgeries, and an ageing population.

5. Who are the leading players in the North America balloon catheters market?

Key players include Medtronic PLC, Boston Scientific Corporation, Abbott Laboratories, Cook Medical, Terumo Corporation, and Johnson & Johnson (Ethicon).

[priteshwemarketresearch]

Cardiovascular Devices Market 2024 Analysis Key Trends, Growth Opportunities, Challenges, Key Players, End User Demand and Forecasts to 2034

Cardiovascular Devices Market: Trends, Growth, and Future Outlook

The cardiovascular devices market is a vital segment of the global medical device industry, driven by the increasing prevalence of heart diseases, advancements in medical technology, and rising demand for minimally invasive procedures. Cardiovascular devices, which include a range of tools and equipment used to diagnose, monitor, and treat cardiovascular conditions, are essential in the management of heart-related health issues. As the global burden of cardiovascular diseases (CVD) continues to rise, the market for these devices is expanding rapidly. This blog explores the key trends, growth drivers, challenges, and future prospects of the cardiovascular devices market.

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What Are Cardiovascular Devices?

Cardiovascular devices are medical instruments designed for the treatment and management of heart-related diseases. They include a wide range of devices, such as:

Cardiac Pacemakers – Devices implanted in the chest to regulate heartbeats.

Stents – Small mesh tubes used to treat narrowed or blocked arteries.

Heart Valve Devices – Implants designed to replace or repair damaged heart valves.

ECGs/EKGs – Devices that monitor electrical activity of the heart.

Ablation Catheters – Used for treating abnormal heart rhythms.

Implantable Cardioverter Defibrillators (ICDs) – Devices that monitor heart rhythms and can deliver shocks if necessary.

Vascular Devices – Tools used to treat diseases in veins and arteries, such as angioplasty balloons and guidewires.

These devices play a crucial role in the diagnosis, monitoring, and treatment of cardiovascular diseases, including coronary artery disease, heart failure, arrhythmias, and peripheral vascular diseases.

Key Drivers of the Cardiovascular Devices Market

The growth of the cardiovascular devices market is being driven by several factors, including:

Increasing Prevalence of Cardiovascular Diseases

Cardiovascular diseases remain the leading cause of death worldwide. According to the World Health Organization (WHO), CVDs account for nearly 31% of global deaths each year. As the aging population grows and lifestyle-related risk factors such as obesity, smoking, and physical inactivity become more prevalent, the demand for effective cardiovascular treatments and monitoring solutions continues to rise.

Technological Advancements

Recent technological innovations have transformed the cardiovascular devices market. For instance, the development of minimally invasive procedures and robotic-assisted surgeries has improved the effectiveness of treatments while reducing recovery times and associated risks. Moreover, advancements in 3D printing, biosensors, and artificial intelligence are contributing to the development of more sophisticated, precise, and personalized cardiovascular devices.

The introduction of bioresorbable stents, which gradually dissolve after they have fulfilled their purpose, and smart pacemakers, which offer remote monitoring capabilities, exemplifies how technology is reshaping the market.

Rising Geriatric Population

The global geriatric population is growing rapidly. As people age, the risk of developing cardiovascular diseases increases. According to the United Nations, by 2050, one in six people in the world will be aged 60 years or older. This demographic shift is expected to increase the demand for cardiovascular devices, as older adults are more likely to require treatments such as stent placement, heart valve repair or replacement, and pacemaker implantation.

Increased Healthcare Expenditure

Many countries, especially in North America and Europe, are increasing their healthcare budgets to address the rising prevalence of chronic diseases like CVDs. Government initiatives and insurance coverage expansion are further contributing to the accessibility of cardiovascular treatments, which is driving demand for cardiovascular devices.

Growing Awareness and Preventive Healthcare

There is an increasing focus on preventive healthcare and early diagnosis of heart diseases. People are more aware of the risks associated with cardiovascular diseases and are seeking regular check-ups, diagnostic tests, and treatments. This growing awareness and shift toward early detection are fueling demand for cardiovascular diagnostic devices like ECG monitors, echocardiograms, and blood pressure monitoring devices.

Key Trends in the Cardiovascular Devices Market

Several trends are shaping the cardiovascular devices market:

Shift Toward Minimally Invasive Procedures

Minimally invasive cardiovascular procedures, such as catheter-based interventions, robotic surgeries, and endovascular treatments, are gaining popularity due to their benefits of reduced recovery time, lower infection risk, and shorter hospital stays. This trend is leading to a higher adoption of advanced cardiovascular devices, especially stents, catheters, and balloon angioplasty systems.

Integration of Wearable Devices

Wearable cardiovascular devices that monitor heart activity in real-time are on the rise. These devices, including wearable ECG monitors, fitness trackers, and smartwatches that track heart rate and rhythms, allow individuals to continuously monitor their heart health and detect potential issues early. The integration of these devices with mobile apps and cloud-based systems is also enabling remote monitoring by healthcare providers, improving patient care and outcomes.

Growth of the Asia-Pacific Market

The Asia-Pacific (APAC) region is becoming an increasingly important market for cardiovascular devices. With improving healthcare infrastructure, a growing middle class, and rising healthcare awareness, countries such as China, India, and Japan are witnessing a surge in demand for cardiovascular treatments and devices. This region is expected to show strong growth in the coming years, offering significant opportunities for manufacturers.

Regulatory Developments

Regulations surrounding the approval and sale of cardiovascular devices are becoming more stringent. Regulatory bodies like the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) are setting higher standards for device safety and efficacy. While these regulations may slow the time to market for new devices, they ultimately ensure that the products are of high quality and reliability.

Challenges Facing the Cardiovascular Devices Market

Despite its rapid growth, the cardiovascular devices market faces some challenges:

High Cost of Devices and Procedures

The cost of advanced cardiovascular devices, such as heart valves, pacemakers, and stents, can be prohibitively expensive for both healthcare providers and patients, especially in low-income regions. This price barrier could limit market expansion in certain parts of the world.

Reimbursement Issues

In some countries, reimbursement policies for cardiovascular procedures and devices are complex and vary widely. Insufficient reimbursement or changes in reimbursement rates can discourage healthcare providers from adopting new devices or procedures, limiting the growth of the market.

Safety and Complications

Although cardiovascular devices are essential for treating heart conditions, there are inherent risks, such as device malfunctions, infections, and complications following implantation. Manufacturers must invest in research and development to enhance device safety, reduce complications, and improve patient outcomes.

Future Outlook for the Cardiovascular Devices Market

The cardiovascular devices market is poised for substantial growth. Technological innovations, expanding healthcare access, and increasing global awareness about cardiovascular health will continue to drive demand for these devices. The shift toward minimally invasive procedures, along with advancements in wearable and diagnostic technologies, will open up new avenues for growth.

In the coming years, the market is likely to see a further increase in the adoption of smart technologies in cardiovascular care, including remote monitoring and AI-assisted diagnostics. Additionally, emerging markets in the Asia-Pacific region are expected to provide significant growth opportunities, particularly with the rise of middle-class populations and expanding healthcare systems.

Conclusion

The cardiovascular devices market is experiencing rapid growth driven by technological innovation, a rising prevalence of heart disease, and an aging global population. While there are challenges to overcome, including high device costs and regulatory hurdles, the future looks bright as new technologies continue to improve patient outcomes and make cardiovascular care more accessible worldwide. Companies that invest in research, focus on innovation, and adapt to changing market trends will be well-positioned to thrive in this dynamic and growing market.

[jayanthitbrc]

Global Angioplasty Balloons Market Analysis 2024: Size Forecast and Growth Prospects

The angioplasty balloons global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Angioplasty Balloons Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The angioplasty balloons market size has grown steadily in recent years. It will grow from $2.6 billion in 2023 to $2.73 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to increasing clinical trials, decreasing regulatory hurdles, rising physician training programs, growing reimbursement coverage, and expanding patient awareness and education.

The angioplasty balloon market size is expected to see steady growth in the next few years. It will grow to $3.31 billion in 2028 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to aging population, rising prevalence of cardiovascular diseases, expanding healthcare infrastructure in emerging markets, increasing adoption of minimally invasive procedures, and growing demand for interventional cardiology. Major trends in the forecast period include personalized treatment approaches, integration of advanced imaging technologies, shift towards outpatient procedures, expansion of telemedicine for post-operative care, and emphasis on cost-effective healthcare solutions.

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Scope Of Angioplasty Balloons MarketThe Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Angioplasty Balloons Market Overview

Market Drivers -The increasing incidence of cardiovascular diseases is expected to propel the angioplasty balloons market going forward. Cardiovascular disease refers to a group of conditions affecting the heart and blood vessels, often leading to complications such as heart attacks or strokes. Cardiovascular disease is on the rise due to sedentary lifestyles, unhealthy dietary habits, rising obesity rates, and aging populations. The angioplasty balloons are utilized in cardiovascular disease to widen narrowed or blocked blood vessels, restoring proper blood flow and reducing the risk of complications such as heart attacks or strokes. For instance, in May 2023, according to the Centers for Disease Control And Prevention, a US-based governmental organization, the percentage of coronary heart disease in adults aged 18 and over in 2020 was 4.6%, which slightly increased to 4.9% in 2021. Therefore, the increasing incidence of cardiovascular diseases drives the growth of the angioplasty balloons market.

Market Trends - Major companies operating in the angioplasty balloons market are focused on developing products with PowerTrac technology to gain a competitive edge. PowerTrac technology is an innovative system utilized in medical devices, particularly in angioplasty balloons, to enhance tracking and pushability through tortuous vessels during procedures. For instance, in July 2021, Medtronic Plc, an Ireland-based medical technology company, launched a Prevail drug-coated balloon (DCB) catheter in Europe for the treatment of coronary artery disease. The Prevail DCB uses PowerTrac technology and a hydrophilic coating to provide superior deliverability and two times more pushability. This enables greater control for tortuous anatomies. It employs a fast-absorbing drug, paclitaxel, to treat de novo lesions, small vessel disease, and in-stent restenosis (ISR). Unlike drug-eluting stents (DES), DCB angioplasty doesn't necessitate a permanent implant and is preferred for situations where DES implantation is unsuitable or technically difficult.

The angioplasty balloons market covered in this report is segmented –

1) By Product Type: Normal Balloons, Scoring Balloons, Drug-Eluting Balloons, Cutting Balloons 2) By Material: Non-Compliant, Semi-Compliant 3) By Application: Coronary Angioplasty, Peripheral Angioplasty 4) By End User: Hospitals, Specialty Clinics, Catheterization Laboratories, Ambulatory Surgical Centers, Other End Users

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Regional Insights - North America was the largest region in the angioplasty balloons market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angioplasty balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the angioplasty balloons market are Johnson & Johnsona, Abbott Laboratories, Medtronic Plc, Becton Dickinson, Koninklijke Philips N.V, Boston Scientific Corporation, B. Braun SE, Terumo Corporation, Cook Medical, Biotronik SE, Merit Medical Systems Inc , Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, AngioDynamics, Cordis, SurModics, iVascular, Hexacath, Balton Sp, Cardionovum, QualiMed Innovative Medizinprodukte GmbH, Acrostak, Panmed US Inc., Translumina GmbH, Concept Medical Inc

Table of Contents 1. Executive Summary 2. Angioplasty Balloons Market Report Structure 3. Angioplasty Balloons Market Trends And Strategies 4. Angioplasty Balloons Market – Macro Economic Scenario 5. Angioplasty Balloons Market Size And Growth ….. 27. Angioplasty Balloons Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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Cardiology Surgical & Interventional Cardiology Devices Market — Forecast(2024–2030)

Cardiology Surgical & Interventional Cardiology Devices Market Overview

 Interventional cardiology is a branch of cardiology that diagnoses and treats coronary artery disease, vascular disease, structural heart disease, and congenital heart defects using specialist catheter-based procedures. Interventional cardiologists utilize a variety of diagnostic equipment and imaging techniques to evaluate cardiovascular functions like blood pressure and blood flow in main arteries throughout the body as well as within the heart’s various chambers. Interventional procedures can be used to repair septal defects and patent artery ducts, balloon and stent stenosed arteries, implant artificial valves into conduits, and ablate aberrant conduction routes. 

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Intravascular ultrasonography is a catheter-based imaging method that was created to examine the vulnerability of coronary arteries and, in particular, coronary atherosclerotic plaques. Coronary intravascular ultrasound (IVUS) is increasingly important in catheterization laboratories owing to its positive prognostic impact. A ventricular assist device (VAD) is an implantable mechanical pump that helps pump blood from the lower chambers of the heart (the ventricles) to the rest of the body. A VAD (ventricular assist device) is used in people who have weakened hearts or heart failure. Optical coherence tomography imaging (OCT) is an intravascular imaging technique that allows doctors to examine a vessel’s structure at a cellular level in real-time. Coronary stents are used to treat a wide range of coronary artery disorders, including bifurcation, minor, and narrow lesions. Coronary stents have enhanced patient quality of life and clinical outcomes for all approved indications. Atherectomy devices are designed differently to either cut, shave, sand, or vaporize these plaques and have different indications. For patients, surgical and interventional cardiology devices have minimized complications and ensure a quick recovery.

The rising prevalence of cardiovascular diseases gives rise to the demand for cardiology devices and the growing advancements in technology are some of the factors driving the Cardiology Surgical & Interventional Cardiology Devices Industry forward in the projected period of 2023–2030.

Report Coverage

The report: “Cardiology Surgical & Interventional Cardiology Devices Market Forecast (2023–2030)”, by Industry ARC covers an in-depth analysis of the following segments of the Cardiology Surgical & Interventional Cardiology Devices Market.

By Product Type- Angioplasty Stents, Catheters, Plaque Modification Devices, and Others.  By End-Use Industry- Hospitals, Ambulatory Surgical Centers, and Others. By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), and Rest of the World (the Middle East, and Africa).

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Key Takeaways

Geographically, in 2021 North America held a dominant market share. It is owing to the rising development in the healthcare sector that gives rise to innovation in various technology. The market for cardiovascular medical devices in North America is increasing as the number of interventional cardiovascular cases to monitor and minimize CVDs grows. Healthcare facilities in industrialized countries such as the United States and Canada are rapidly improving and increasing the demand for cardiovascular medical equipment. These medical facilities employ cutting-edge cardiovascular medical technology to improve patient care, reduce hospital stays, and increase the quality of life. Such treatments can be conducted in outpatient settings like hospitals, ambulatory surgery centers (ASCs), and digital catheter labs owing to the development in modern healthcare settings. Therefore, an expanding number of awareness campaigns, healthcare authorities from various countries concentrate on raising diagnostic and treatment rates. This is causing a surge in medical device demand in North America. The presence of leading players focusing on product innovation and a significant portion of expenditure on research and development contributes to the regional growth.

The rising prevalence of cardiovascular diseases gives rise to the demand for cardiology devices and the growing advancements in technology are some of the factors driving the Cardiology Surgical & Interventional Cardiology Devices Market. However, the stringent government regulations on cardiovascular devices are one of the factors impeding the market growth.

A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Cardiology Surgical & Interventional Cardiology Devices Market Report.

Cardiology Surgical & Interventional Cardiology Devices Market Segmentation Analysis- By Product Type

The Cardiology Surgical & Interventional Cardiology Devices market based on product type can be further segmented into Angioplasty Stents, Catheters, Plaque Modification Devices, and Others. Catheters held a dominant market share in the year 2021. Cardiac catheterization is an imaging test that allows healthcare professionals to view a person’s blood vessels and heart by inserting a thin, flexible tube. The healthcare professional helps to perform cardiac catheterization to see how well a person’s heart is working and to diagnose any potential heart conditions. Cardiac catheterization is generally safe, with short recovery times. Cardiac catheterization is normally used to evaluate heart valves, heart function, and blood supply, as well as heart abnormalities in newborns.

However, Angioplasty Stents are estimated to be the fastest-growing, with a CAGR of 7.30% over the forecast period of 2023–2030. A technique called angioplasty is used to unblock clogged coronary arteries caused by coronary artery disease. It prevents open-heart surgery by restoring blood flow to the heart muscle. In an emergency situation, such as a heart attack, angioplasty can be performed. Angioplasty stents find applications to restore the blood flow occurring owing to blockage and reduce heart attack risks. Stents are considered beneficial in reducing damage caused to heart muscles in the event of a heart attack. Also, stents help in instantly relieve or reduce the symptoms of chest pain, fatigue, and shortness of breath. Owing to such factors, the demand for stents is used in the treatment of cardiological diseases.

Cardiology Surgical & Interventional Cardiology Devices Market Segmentation Analysis- By End-Use Industry

The Cardiology Surgical & Interventional Cardiology Devices market based on the end-use industry can be further segmented into Hospitals, Ambulatory Surgical Centers, and Others. Hospitals held a dominant market share in the year 2021. In hospitals, the availability of advanced technology and skilled professionals rises owing to such factors, patients mostly prefer hospitals for their treatment and thus enhancing the market growth. In hospitals, all types of cardiovascular devices are available that help patients get the proper treatment. Moreover, owing to the rising development in the healthcare industry the number of hospitals increased which in turn escalates the demand for cardiology devices in hospitals. Also, the more modern infrastructure in hospitals gives rise to the demand for the healthcare industry which in turn accelerates the growth in the cardiology devices market.

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However, Ambulatory Surgical Centers is estimated to be the fastest-growing, with a CAGR of 9.9% over the forecast period of 2023–2030. Ambulatory surgical centers are cost-effective, highly efficient, and offer a convenient setting for interventional cardiology procedures. In ambulatory surgical centers, the number of surgical procedures is more and owing to such factors the use of cardiology devices surges. The doctors are mostly specialized in surgical procedures and therefore patients also prefer to visit ambulatory surgical centers for their treatment. Increased adoption of technologically improved interventional cardiology equipment such as advanced cardiac catheterization devices and angioplasty stents, as well as fast-improving global healthcare infrastructure, are among the main factors driving revenue growth in this category.

Cardiology Surgical & Interventional Cardiology Devices Market Segmentation Analysis- By Geography

The Cardiology Surgical & Interventional Cardiology Devices market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. In 2021, North America held a dominant market share of 46% as compared to its other counterparts. The increasing expansion in the healthcare sector has led to technological innovation in different fields. The demand for cardiac equipment is also increasing as the number of equipment manufacturers is also growing. As the number of interventional cardiovascular cases to monitor and decrease CVDs develops in North America, the market for cardiovascular medical devices is growing. Healthcare facilities in developed countries like the United States and Canada are rapidly improving, resulting in an increase in demand for cardiovascular medical equipment. To improve patient care, shorten hospital stays, and improve quality of life, these medical facilities use cutting-edge cardiovascular medical technology. Owing to the advancements in modern healthcare, such treatments can now be performed in outpatient settings such as hospitals, ambulatory surgery centers (ASCs), and digital catheter labs. Therefore, an expanding number of awareness campaigns, healthcare authorities from various countries concentrate on raising diagnostic and treatment rates. This is causing a surge in medical device demand in North America. The presence of leading players focusing on product innovation and a significant portion of expenditure on research and development contributes to the regional growth.

Cardiology Surgical & Interventional Cardiology Devices Market Drivers

The Rising Prevalence of Cardiovascular Diseases has Readily Aided the Market Growth

Owing to the unhealthy lifestyle and increasing geriatric population, the rate of heart attacks and cardiovascular disorders has increased immensely in recent years. The most serious health disorders and the main cause of death worldwide are heart-related ailments. In both low- and middle-income nations, coronary artery disease (CAD) is one of the leading causes of illness and mortality. According to the World Health Organization in 2021, 17.9 million people worldwide die each year from cardiovascular illnesses. This accounts for 35% of all deaths worldwide. Furthermore, heart attacks and stroke account for 85 percent of all deaths from cardiovascular disease. Ischemic heart disease (IHD) is also a top cause of death worldwide, according to a Cureus Journal of Medical Science in July 2020. Ischemic heart disease affects roughly 126 million people (1,655 per 100,000), or around 1.72 percent of the world’s population. According to the British Heart Foundation, about 23 million people are suffering from coronary artery diseases in 2020, and owing to such factors, the demand for cardiology devices increases rapidly. People suffering from cardiovascular diseases or those who are at high cardiovascular risk need early detection and management. Therefore, the increasing burden of cardiovascular diseases, including coronary artery diseases, is anticipated to boost the usage of coronary stents and drive market growth.

The Growing Advancement in Technology Gives Rise to the Demand for Cardiology Devices & Interventional Cardiology Devices Market

The growing technological advancements in the areas Drug-Eluting Stents, Vascular Closure Devices, and Coronary guidewires increase the efficiency of Interventional Cardiology Devices, leading to market growth. As surgical and interventional cardiology technology advances, bare-metal stents are being phased out in favor of bioabsorbable stents. The new generation celect platinum IVC (inferior vena cava) filter is equipped with radiopaque markers to aid medical practitioners in boosting visibility during procedure imaging. The availability of advanced healthcare infrastructure, favorable government product development programs, and high levels of patient awareness, together with relatively high healthcare expenditures, pave the way for technological advancement in the interventional cardiology devices market. Market companies are competing to launch advanced products for better treatment and have spent on R&D to improve their existing goods and establish new platforms. According to the American College of Cardiology, in 2020, about 1.2 million angioplasties were performed in a year in the United States. Furthermore, the numerous advantages of minimally invasive surgeries, such as reduced surgical pain, injury, scarring, hospital stay, higher accuracy, and faster recovery time, are encouraging an increasing number of patients to choose minimally invasive balloon angioplasty surgeries over traditional surgeries.

Cardiology Surgical & Interventional Cardiology Devices Market Challenges

Stringent Government Regulations for Cardiology Devices are impeding the market growth

The regulatory standards for medical device affiliation are complicated and can change as demands change. These rules are difficult to understand, particularly owing to the legal implications. Medical device quality and performance are critical aspects that must be rigorously evaluated to ensure public safety. As a result, the market’s growth is constrained by the complicated and severe rules that govern medical device affiliation. The Medical Devices Regulation seeks to ensure a high level of public health and patient safety taking into account scientific progress. According to the European Commission, there are more than 500,000 types of medical devices on the market. The new Regulation paves the way for a more patient-friendly environment, where transparency and patients’ information and choice are a priority, and patients can benefit from innovative, high-performing devices and new therapies.

Cardiology Surgical & Interventional Cardiology Devices Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Cardiology Surgical & Interventional Cardiology Devices Market. The top 10- Cardiology Surgical & Interventional Cardiology Devices Market companies are-

Sinomed

Cordis

Medtronic

Abbott

Terumo Medical Corporation

C.R Bard

Boston Scientific Corporation

Biosensors International Group Ltd.

Biotronik

B. Braun Melsungen AG

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Coronary Stents Market Key Vendors, Manufacturers, Suppliers and Analysis Industry Report 2030

Coronary Stents Industry Overview

The global coronary stents market size was estimated at USD 9.32 billion in 2022 and is expected to grow a compound annual growth rate (CAGR) of 3.1% from 2023 to 2030.

Growing aging population and a rising prevalence of noncommunicable diseases such as cardiovascular diseases (CVDs), complex lesions, diabetes, obesity, and others are expected to drive demand for coronary stents over the forecast period. According to the World Health Organization (WHO), in 2019, CVDs were among the major causes of mortality worldwide of which ischemic heart disease (IHD) ranks as the most prevalent. In 2019, an estimated 17.9 million people died from CVDs, responsible for 32% of worldwide mortalities.

Gather more insights about the market drivers, restrains and growth of the Coronary Stents Market

According to research published by the National Library of Medicine in June 2021, one of the CVDs, coronary artery disease (CAD), causes roughly 6,10,000 fatalities yearly (an estimated 1 in 4 deaths) and is the major cause of mortality in the U.S. As a result, the unprecedented rise in CAD incidence is predicted to boost demand for an effective coronary stent device for treatment. This factor is expected to bolster the demand throughout the forecast period. Since a coronary stent is used in most of the Percutaneous Coronary Intervention (PCI) procedures.

The rising preference for minimally invasive surgeries (MIS) is another factor expected to boost the adoption of coronary stents over the forecast period. The advantages of these procedures include small incision wounds leading to higher patient satisfaction. These procedures also provide shorter hospital stays and facilitate quick recovery. Stenting technology is increasingly preferred over the conventional balloon angioplasty owing to the introduction of advanced DES and evolving bioresorbable scaffolds. Technological advancements in coronary stents, such as the development of bifurcated stents and the use of biodegradable materials, have led to efficient and improved outcomes of CVD treatment. Companies are proactively involved in product developments and partnerships and strategic collaborations. The aforementioned factors are expected to propel market growth over the forecast period.

The impact of COVID-19 on the market for coronary stents closely tracked the impact of COVID-19 on overall PCI procedures. During the pandemic's initial outbreak and periods of high local COVID-19 case counts, several states, towns, and nations issued orders to citizens to shelter in place or minimize the potential exposure to and transmission of illness, resulting in elective surgeries being postponed. As a result, total PCI procedure volumes-and hence coronary stent unit sales and revenues-went significantly lower in 2020. These revenues are expected to rise as facility capacity usage improves and resumes all the semi-elective to non-urgent procedures.

The notable competitors in the market for coronary stents announced revenue falls in their interventional cardiology portfolios, which include coronary stent devices, in 2020, due to the impact of the COVID-19 pandemic. Boston Scientific, for instance, reported a significant decrease in annual revenues in its Interventional Cardiology segment, which includes coronary stent devices, in 2020, but the company performed relatively well in the first quarter of 2021, reporting revenue growth of approximately 7% globally compared to the first quarter of 2020. In contrast, Abbott Laboratories Laboratories was the least affected, with less impact on its entire vascular segment in 2020, which includes coronary stent devices, in its 2020 annual results.

Browse through Grand View Research's Medical Devices Industry Research Reports.

• The global disposable hospital gowns market size was valued at USD 3.68 billion in 2023 and is projected to grow at a CAGR of 12.9% from 2024 to 2030.

• The global knee braces market size was valued at USD 1.12 billion in 2023 and is projected to grow at a CAGR of 7.7% from 2024 to 2030.

Competitive Insights

Product launches, approvals, strategic acquisitions, and innovations are some of the crucial business strategies adopted by market participants to maintain and grow their global reach. Abbott Laboratories, Boston Scientific, and Medtronic accounted for a significant presence in the overall market. These companies have gained a notable presence in the market due to good strong performances in the lucrative DES market and large product portfolios spanning numerous different IC device categories. For instance, in August 2022, Medtronic launched the Onyx Frontier drug-eluting stent (DES). The new product offers advanced delivery management and improves the overall performance in the most challenging cases.

Despite the dominance of the three major manufacturers, the market for coronary stents is a blend of numerous global and local players. BIOTRONIK, for instance, has been able to establish a significant presence in the entire market by offering low pricing and new technologies that address unmet needs. Positive clinical results from BIOTRONIK's BIONYX, BIOFLOW-V, and BIOSOLVE trials, in conjunction with the use of BIOTRONIK's Orsiro DES and Magmaris BRS, have positioned the company well to compete against the market's largest players. BIOTRONIK is also one of the most competitive players in the overall BRS device market. Terumo Corporation, Biosensors International, and Cardinal Health are a few additional significant competitors in this market. Some of the prominent players in the global coronary stents market include:

Abbott

Medtronic

Boston Scientific Corporation

Terumo Corporation

B Braun Melsungen AG

Biotronik

Stentys SA

MicroPort Scientific Corporation

C. R. Bard, Inc.

Cook Medical

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Peripheral Vascular Devices Market is Estimated to Witness High Growth Owing to Rising Geriatric Population

Peripheral vascular devices are used for the treatment and diagnosis of peripheral artery diseases. These devices help in plaque removal, angioplasty and stenting which restore smooth blood flow to limbs. The rising prevalence of peripheral artery diseases due to diabetes, obesity and high blood pressure has fueled the demand for peripheral vascular devices. Peripheral vascular devices include angioplasty balloons, stents, catheters, arterial sheaths, guidewires and other devices. Technologically advanced devices with enhanced safety, efficacy and ease of installation have gained traction in the recent years.

The global peripheral vascular devices market is estimated to be valued at US$ 12.68 Bn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period 2024 to 2031.

Key Takeaways Key players operating in the peripheral vascular devices are Abbott Laboratories, Boston Scientific Corporation, Angioscore, Emboline Inc., Becton Dickinson and Company, Cook Group Inc., Cordis Corporation, Covidien PLC, Edward Lifesciences Corporation, Medtronic Plc, St. Jude Medical, Bayer AG., Teleflex Medical, Koninklijke Philips N.V., Cardio Flow, Inc. Key players are focusing on new product launches, mergers and acquisitions to strengthen their market presence.

The rising geriatric population prone to peripheral artery diseases and growing preference for minimally invasive surgeries offer significant growth opportunities for players in the Peripheral Vascular Devices Market Size Furthermore, expanding healthcare infrastructure and increasing healthcare expenditure in emerging economies is also expected to fuel the adoption of peripheral vascular devices globally over the forecast period.

Market Drivers The rising geriatric population is one of the key drivers of the peripheral vascular devices market. According to the UN data, the world’s population aged 60 years and above is projected to double from 12% to 22% between 2015 and 2050. The elderly are more susceptible to developing peripheral artery diseases owing to reduced blood circulation and weakening of arteries with age. This is expected to significantly drive the demand for peripheral vascular devices over the next few years.

PEST Analysis

Political: Peripheral Vascular Devices Market Size And Trends are subject to extensive government regulations resulting from stringent FDA approvals for new products and procedures. Regulations impact product development timelines and costs.

Economic: Growth in the peripheral vascular devices market is driven by rising healthcare expenditure, growing elderly population suffering from peripheral vascular diseases, and favorable reimbursement policies for life-saving procedures.

Social: Increasing awareness about peripheral vascular diseases and availability of advanced treatment options encourage people to seek medical care. Sedentary lifestyles and obesity rates also contribute to the patient volumes.

Technological: Innovation leads to the development of novel drug-eluting, bioresorbable, and nano-technology based stents that reduce in-stent re-stenosis rates. Robotics, AI, and 3D printing are enhancing surgical precision and customization.

Market value concentration by geographical regions: North America accounts for the largest share of the overall peripheral vascular devices market in terms of value, owing to the high usage of advanced equipment, growing number of vascular surgeries, and supportive insurance system. Asia Pacific is expected to witness the fastest value growth over the forecast period, with expanding healthcare infrastructure and increasing medical tourism from other regions.

Fastest growing regional market: Asia Pacific peripheral vascular devices market exhibits immense growth potential attributed to the rising awareness, healthcare reforms, and willingness to adopt modern treatments. Factors like growing elderly population, increasing obesity prevalence, presence of contract manufacturers and emerging economies propel the regional market growth at a rapid rate. Get More Insights On, Peripheral Vascular Devices Market About Author: Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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Advancements in Drug-Coated Balloons for PAD Treatment: Revolutionizing Peripheral Artery Diseases (PAD) Devices Market

Introduction:

Peripheral Artery Diseases (PAD) Devices Market affects millions worldwide, presenting a significant healthcare challenge due to its prevalence and associated risks. Among the various treatment options, Drug-Coated Balloons (DCBs) have emerged as a promising innovation, transforming the landscape of PAD treatment. This article explores the advancements in DCBs, their impact on the PAD devices market, and future trends shaping this dynamic field.

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Understanding Peripheral Artery Disease (PAD)

PAD is characterized by the narrowing or blockage of arteries due to the buildup of fatty deposits (plaque) on artery walls, typically affecting the arteries supplying blood to the legs and feet. This condition restricts blood flow, leading to symptoms like leg pain, numbness, and even severe complications such as limb amputation if left untreated.

The Role of Drug-Coated Balloons (DCBs) in PAD Treatment

DCBs represent a significant advancement in minimally invasive treatments for PAD. Unlike traditional angioplasty balloons, DCBs are coated with anti-proliferative drugs that are released directly into the arterial wall during the procedure. This drug coating helps inhibit the growth of cells that contribute to arterial re-narrowing (restenosis) post-treatment, improving long-term outcomes compared to standard angioplasty alone.

Advantages of Drug-Coated Balloons

Reduced Restenosis Rates: Clinical studies have demonstrated that DCBs significantly reduce the risk of restenosis compared to plain balloon angioplasty, thereby lowering the need for repeat interventions.

Preservation of Vessel Integrity: The drug coating targets the affected area without damaging the vessel wall, preserving vascular function and reducing complications.

Improved Patient Outcomes: Patients treated with DCBs often experience better symptom relief and functional outcomes, enhancing their quality of life.

Market Growth and Forecast

The global PAD devices market is witnessing robust growth, driven by increasing prevalence of PAD, rising demand for minimally invasive treatments, and technological advancements in device design and drug formulations. According to recent market research, the segment of DCBs is expected to show exponential growth over the coming years, fueled by expanded indications and regulatory approvals.

Technological Innovations in DCBs

Recent innovations in DCB technology focus on enhancing drug delivery efficiency, improving coating durability, and optimizing balloon design for better navigability and efficacy. Key advancements include:

Next-Generation Drug Formulations: Novel drug combinations and coatings tailored to specific patient profiles to improve treatment outcomes.

Advanced Coating Technologies: Nano-coatings and polymer matrices that enhance drug adherence to the balloon surface and ensure sustained drug release.

Integration with Imaging Modalities: DCBs equipped with imaging technologies such as intravascular ultrasound (IVUS) or optical coherence tomography (OCT) for real-time visualization during procedures, improving precision and outcomes.

Regulatory Landscape and Market Adoption

Regulatory bodies such as the FDA and CE mark have been pivotal in advancing DCB technologies by setting stringent efficacy and safety standards. Market adoption of DCBs varies across regions, influenced by reimbursement policies, physician training, and patient awareness campaigns highlighting the benefits of minimally invasive treatments.

Global Harmonization Efforts: Efforts towards global harmonization of regulatory standards are facilitating quicker approvals and market access for DCBs worldwide, reducing regulatory barriers and promoting innovation.

Health Economic Assessments: Increasing focus on health economic assessments to demonstrate the cost-effectiveness of DCB treatments compared to traditional methods, influencing healthcare provider adoption and reimbursement decisions.

Emerging Markets Expansion: Rapid expansion of DCB adoption in emerging markets, driven by improving healthcare infrastructure, rising disposable incomes, and growing awareness about advanced treatment options.

Clinical Evidence Expansion: Continual expansion of clinical evidence through post-market surveillance studies and real-world data analyses, providing insights into long-term efficacy and safety profiles across diverse patient populations.

Collaborative Research Initiatives: Collaborative efforts between industry stakeholders, academic institutions, and healthcare organizations to conduct research, clinical trials, and data registries aimed at advancing DCB technology and improving patient outcomes.

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Future Trends and Opportunities

Looking ahead, the PAD devices market, particularly DCBs, is poised for further growth and innovation:

Expanded Indications: Continued research into broader applications of DCBs beyond femoropopliteal arteries to include other arterial beds.

Personalized Medicine: Development of personalized DCB therapies based on genetic profiles and disease characteristics.

Integration with Digital Health: Incorporation of digital health solutions for remote patient monitoring and data-driven treatment optimization.

Conclusion

Drug-Coated Balloons represent a paradigm shift in the treatment of Peripheral Artery Disease, offering patients a less invasive option with improved outcomes and reduced risks of complications. As technological advancements continue to evolve and regulatory approvals expand, the future of PAD treatment looks increasingly promising. Stakeholders across the healthcare spectrum, from manufacturers to healthcare providers and patients, stand to benefit from the ongoing innovations in DCB technology.

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Inflation Devices Market is Owing to Rising Prevalence of Chronic Diseases

Inflation devices are medical instruments that are used in various therapeutic and diagnostic procedures such as angioplasty, colonoscopy and endoscopy. They play a crucial role in widening or dilating the internal passages or cavities of the body. Inflation devices help push open blocked or narrowed blood vessels to improve blood flow and relieve pressure and symptoms. These devices help insert or remove medical devices such as stents, catheters or balloons during surgical procedures. Rising prevalence of cardiovascular diseases, gastrointestinal disorders and respiratory diseases has boosted the demand for various minimally invasive surgeries which in turn is propelling the inflation devices market.

The global inflation devices market is estimated to be valued at US$ 5.35 Mn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2024 to 2031.Key Takeaways Key players operating in the inflation devices market are Bristol-Myers Squibb Co., Bayer AG, Johnson & Johnson Services Inc., Sanofi S.A., Novartis International AG, AstraZeneca plc., Daiichi Sankyo Co Ltd, Boehringer Ingelheim International GmbH, Pfizer Inc., and Merck KGaA. These players are focusing on new product launches, geographical expansions and mergers and acquisitions to strengthen their Inflation Devices Market Growth.

The increasing prevalence of chronic diseases such as cardiovascular diseases, gastrointestinal diseases and obesity has boosted the demand for minimally invasive surgeries worldwide creating significant growth opportunities for players in the inflation devices market.

Key players are expanding their operations in emerging regions of Asia Pacific, Latin America, and Middle East & Africa. Factors such as rising healthcare spending, growing medical tourism, increasing disposable incomes and expanding product portfolios geared towards local requirements are expected to drive the demand for inflation devices in these regions.

Market Drivers

- Rising prevalence of chronic diseases- The increasing incidence of chronic diseases such as cardiovascular diseases, respiratory diseases and gastrointestinal disorders is propelling the demand for therapeutic and diagnostic procedures which require inflation devices.

Market restraints

- Increasing adoption of alternative treatment methods- Alternative treatment methods such as drug therapies and open surgeries are gaining popularity over minimally invasive surgeries reducing the demand for inflation devices in certain therapeutic areas.

- Reimbursement issues- Lack of favorable reimbursement policies for new medical technologies and lack of insurance coverage for minimally invasive procedures in developing nations poses a major challenge for players in the inflation devices market.

Segment Analysis

The Inflation Devices market is dominated by the Disposable Inflation Devices sub segment. Disposable inflation devices are preferred more as they reduce the risk of infection and contamination between patients. Their single use nature ensures sterility which is important in medical procedures. These devices also help avoid the reprocessing costs associated with reusable inflators.

Global Analysis

The North America region holds the largest share in the Inflation Devices market currently. This is owing to factors such as rising prevalence of cardiovascular diseases, growing geriatric population and well developed healthcare system in the region. Availability of advanced medical facilities and reimbursement policies have further boosted the adoption of inflation devices. The Asia Pacific region is expected to grow at the fastest rate during the forecast period. Rising medical tourism industry along with growing healthcare expenditures in developing countries of China and India will drive the demand for inflation devices in the coming years.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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Peripheral Stent Implants Market Analysis, Dynamics, Forecast and Supply Demand 2031

The global peripheral stent implants market is on track to experience substantial growth, with forecasts indicating a remarkable expansion from an estimated US$3.9 billion in 2024 to a projected US$7.1 billion by 2031. This growth trajectory reflects a nearly doubling of market size over the forecast period, exhibiting an impressive compound annual growth rate (CAGR) of 8.9% from 2024 to 2031.

View Market Insights: https://www.fairfieldmarketresearch.com/report/peripheral-stent-implants-market Quick Report Digest The market for peripheral stent implants has witnessed consistent growth between 2019 and 2023, primarily driven by an increase in cases of peripheral artery disease (PAD) and a growing preference for minimally invasive procedures. Technological advancements, an ageing population, and the rise in lifestyle diseases such as diabetes and obesity further contribute to market expansion. Key Growth Determinants

Technological Advancements: Continuous innovation in stent design, materials, and coatings has significantly enhanced the efficacy and safety of peripheral stent implants. Advancements such as drug-eluting stents, bioresorbable stents, and improved delivery systems have widened the application spectrum and improved patient outcomes.

Ageing Population and Prevalence of Chronic Diseases: The increasing prevalence of PAD and other vascular conditions, coupled with a growing ageing population globally, fuels demand for peripheral stent implants. As the elderly population grows, so does the incidence of conditions requiring vascular interventions, thereby boosting the adoption of stent implants for peripheral artery revascularisation.

Minimally Invasive Procedures: The shift towards minimally invasive procedures has led to a surge in demand for peripheral stent implants. Patients and clinicians alike prefer these procedures due to reduced trauma, shorter recovery times, and lower healthcare costs compared to traditional open surgeries. Major Growth Barriers

Regulatory Challenges: Stringent regulatory approval processes, particularly in regions like the US and Europe, pose a significant barrier to market growth. Complex regulatory requirements increase the time and cost associated with bringing new peripheral stent products to market, thereby limiting innovation and expansion opportunities for manufacturers.

High Costs and Reimbursement Issues: The high initial costs associated with peripheral stent implants, including device procurement and procedural expenses, can deter healthcare facilities from adopting these technologies. Additionally, reimbursement issues and inadequate coverage by insurance providers in certain markets create financial barriers for patients seeking peripheral artery revascularisation.

Competition from Alternative Treatments: The peripheral stent implants market faces competition from alternative treatment modalities such as balloon angioplasty, atherectomy, and bypass surgery. These alternatives may be preferred in certain clinical scenarios or by clinicians with specific expertise, leading to market fragmentation and limiting the growth potential of peripheral stent implants. Key Trends and Opportunities

Personalised Medicine and Precision Healthcare: Recent advancements in medical imaging technologies and computational modelling have enabled the customisation of peripheral stent implants to individual patient anatomies and pathologies. This trend towards personalised medicine allows for the development of patient-specific treatment plans, optimising stent selection, sizing, and placement for improved outcomes.

Shift Towards Bioresorbable Stents: There is a growing interest in bioresorbable stents as an alternative to traditional metallic stents in peripheral artery revascularisation procedures. Bioresorbable stents gradually degrade and are absorbed by the body over time, potentially reducing the long-term risk of complications such as restenosis and thrombosis.

Emerging Markets Expansion: Significant untapped potential exists for peripheral stent implants in emerging markets, particularly in regions with rapidly growing healthcare infrastructure and increasing prevalence of cardiovascular diseases. How Does the Regulatory Scenario Shape this Industry? The regulatory environment plays a vital role in the peripheral stent implants market, impacting product approvals, reimbursements, and technological advancements. Stringent regulations ensure patient safety but can also pose challenges for innovation and market expansion. Fairfield’s Ranking Board Top Segments

Drug Eluting Stents (DES): DES are currently one of the top-performing segments in the market due to their excellent safety and performance profile. Their ability to release medication to prevent restenosis makes them highly preferred, especially in reducing the need for repeat procedures and improving patient outcomes.

Bare Metal Stents (BMS): Despite facing competition from DES, BMS remain significant due to their cost efficiency. They are preferred in certain clinical scenarios where the risk of long-term antiplatelet therapy is a concern or in resource-limited settings.

Covered Stents: Covered stents have gained traction, particularly in the treatment of complex peripheral artery lesions. Their unique design effectively seals off defects in diseased vessels, reducing the risk of complications and improving patient outcomes. Regional Frontrunners

North America: Dominates the market due to high PAD prevalence, advanced healthcare systems, and strong adoption of minimally invasive procedures.

Asia Pacific and Europe: Witnessing significant growth driven by increasing healthcare spending, improving medical infrastructure, and an ageing population. Fairfield’s Competitive Landscape Analysis Intense rivalry among key players characterises the competition landscape of the peripheral stent implants market. Leading companies employ various growth strategies, including product innovation, strategic collaborations, partnerships, acquisitions, and geographic expansion, to gain a competitive edge. Leaders in Global Peripheral Stent Implants Space Key players include Abbott Laboratories, Boston Scientific Corporation, Medtronic Plc., Terumo Corporation, and Cook Medical, among others. Significant Company Developments Recent developments include product launches aimed at addressing unmet clinical needs, strategic distribution agreements to expand market reach, and advancements in stent technology to improve patient outcomes. Global Peripheral Stent Implants Market Segmentation: • By Product: Bare Metal Stents (BMS), Covered Stents, Drug Eluting Stents (DES) • By Artery: Carotid Artery Stents, Fem-Pop Artery Stents, Iliac Artery Stents, Infrapop Artery Stents • By End User: Hospitals, Ambulatory Surgical Centres/Outpatients • By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

View Market Insights : https://www.fairfieldmarketresearch.com/report/peripheral-stent-implants-market

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Global Top 3 Companies Accounted for 69% of total Drug Eluting Balloons（DEB） market (QYResearch, 2021)

A drug-eluting balloon is a non-stent technology in which the effective homogenous delivery of anti-proliferative drugs is processed by the vessel wall through an inflated balloon. This is done to restore luminal vascularity in order to treat atherosclerosis, in-stent restenosis and reduce the risk of late thrombosis without implanting a permanent foreign object. The balloon technology relies on the concept of targeted drug delivery, which helps in the rapid healing of the vessel wall and prevents the proliferation of smooth muscle cells.

Drug eluting balloon is a semi-compliant angioplasty balloon, coated with anti-proliferative medicine. The medicine is ejected to the vessel walls during the inflation of the balloon. The balloons are inflated through application of nominal pressure.

Source: Secondary Literature and QYResearch, 2021

According to the new market research report “Global Drug Eluting Balloons（DEB） Market Report 2023-2029”, published by QYResearch, the global Drug Eluting Balloons（DEB） market size is projected to reach USD 1.56 billion by 2029, at a CAGR of 12.8% during the forecast period.

Figure.   Global Drug Eluting Balloons（DEB） Market Size (US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Drug Eluting Balloons（DEB） Market Report 2023-2029.

Figure.   Global Drug Eluting Balloons（DEB） Top 3 Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from QYResearch: 2021 data information of Global Drug Eluting Balloons（DEB） Market Report 2023-2029.

The global key manufacturers of Drug Eluting Balloons（DEB） include B. Braun, Medtronic, etc. In 2021, the global top three players had a share approximately 69.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

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Unveiling the Research Behind Cardiac Catheterization Market Services

Market Overview –

The Cardiac Catheterization Market encompasses medical procedures and equipment used to diagnose and treat heart conditions through minimally invasive techniques. Cardiac catheterization involves inserting a catheter into a blood vessel and guiding it to the heart to perform diagnostic tests, visualize blood flow, and deliver therapeutic interventions such as angioplasty and stent placement.

One significant driver of the Cardiac Catheterization Market's growth is the increasing prevalence of cardiovascular diseases globally. Conditions such as coronary artery disease, heart failure, and valvular heart disease contribute to the growing demand for cardiac catheterization procedures as clinicians seek to diagnose and manage these conditions promptly.

Advancements in catheterization techniques, imaging technologies, and interventional cardiology devices have also fueled market growth by improving procedural outcomes, reducing complications, and expanding the scope of minimally invasive cardiac interventions. Additionally, the shift towards outpatient procedures and same-day discharge protocols has increased the efficiency and accessibility of cardiac catheterization services, driving further demand.

Moreover, the aging population and the rising adoption of sedentary lifestyles contribute to the increasing burden of cardiovascular diseases, further driving the demand for cardiac catheterization procedures. As healthcare systems prioritize preventive cardiology, early diagnosis, and timely intervention, the Cardiac Catheterization Market is expected to continue growing, offering opportunities for innovation and collaboration among medical device manufacturers, healthcare providers, and researchers.

The Cardiac Catheterization Market, often referred to as the cardiology catheter market, is experiencing significant growth attributed to advancements in minimally invasive procedures for diagnosing and treating heart conditions. With a rise in cardiovascular diseases globally, the demand for these catheters is increasing, propelling market expansion.

The Cardiac Catheterization Market was valued at USD 0.35 billion in 2022. The Cardiac Catheterization market is expected to increase from USD 0.3731 billion in 2023 to USD 26.4 billion by 2032, with a compound yearly growth rate (CAGR) of 7.4% over the forecast period (2023-2032).

Market Segmentation –

The market is segmented into five Key dynamics for an easy grasp.

By Procedures: Balloon Septostomy, Coronary Angioplasty, Catheter Ablation, Bipolar Pacing, Left Heart Catheterization, and Right Heart Catheterization among others.

By Types: Fractional Flow Reserve, Coronary Angiogram, Intravascular Ultrasound, and Optical Coherence Tomography among others.

By Applications: Heart Attack, Abnormal Stress Test, Coronary Vasospasm, and Cardiac Arrhythmia, among others.

By End-Users: Hospitals and Clinics among others.

By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Regional Analysis –

The regional analysis of the cardiac catheterization market reflects disparities in healthcare infrastructure, prevalence of cardiovascular diseases, and adoption of minimally invasive procedures. North America leads the market, driven by advanced healthcare facilities, high prevalence of cardiovascular conditions, and early adoption of innovative technologies. Europe follows suit, with robust investments in healthcare infrastructure and increasing demand for minimally invasive cardiac procedures. In the Asia-Pacific region, improving access to healthcare services, rising disposable incomes, and growing awareness about cardiovascular health contribute to market growth. Developing regions in Latin America and Africa are also witnessing gradual market expansion as healthcare infrastructure improves and awareness about cardiovascular diseases increases.

Key Players –

Cardiac catheterization market Key companies include St. Jude Medical (US), Medtronic Inc. (US), Becton, Dickinson, and Company (US), Terumo Medical Corporation (Japan), Teleflex Incorporated (US), Edwards Life Sciences Corporation (US), Abbott (US), Boston Scientific Corporation (US), Rochester Medical Corporation (US), Johnson & Johnson Private Limited (US), Dispocard GmbH (Germany), Maquet Medical India Private Limited (India), and Coloplast (Denmark).

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