Angioplasty Balloons Market

Angioplasty Balloons Market Share, Segmentation, Report
2024.: Global Market Insights Inc.
Growing prevalence of cardiovascular diseases such as coronary and peripheral artery
disease will drive Angioplasty Balloons Market growth. Increasing geriatric population base
will serve to be a high impact rendering factor owing to their higher susceptibility towards
heart diseases. As per NIH data, coronary heart disease risk in men increases after the age of
45 years. Increasing number of angioplasty procedures coupled with growing demand for
minimally invasive procedures will fuel industry growth. Less recovery and hospitalization
period associated with the procedure providing the benefit of resuming regular work life
soon will aid adoption.
Growing obesity levels due to lifestyle changes such as adoption of sedentary lifestyle with
lack of physical activity and consumption of fat and sodium rich junk foods will further fuel
growth. Increasing high blood pressure, unhealthy cholesterol levels and diabetes
prevalence is leading to a higher risk of heart diseases among the population. Increasing
incidence of smoking leading to blood vessel tightening and damage along with decreased
oxygen supply to tissues would boost procedure demand. Angioplasty balloon technologies
are witnessing rapid advancements. For instance, cutting and drug eluting balloons have
now been developed. Risks associated with the procedure such as bleeding or infection at
insertion site, artery dissection or perforation may deter adoption.
Drug eluting angioplasty balloons are forecast to exhibit robust growth over the forecast
timeframe owing to their advantages such as more homogenous drug distribution. Drug
eluting balloon on expansion releases the drug into the vessel wall and prevents the buildup
of neointimal scar tissue. The balloons also minimize the need for implantation of foreign
materials such as stents. Cutting balloons are forecast to grow at rapid rate owing to their
ability to reduce vessel stretch and injury through longitudinal vessel scoring. They decrease
the risk of neoproliferative response by dilating the target vessels with less force.
Browse key industry insights from the report “Angioplasty Balloons Market Size, Industry
Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia,
Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi
Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share
& Forecast, 2017 – 2024” in detail along with the table of contents:
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https://www.gminsights.com/industry-analysis/angioplasty-balloons-market
Coronary angioplasty balloon segment is slated to witness lucrative growth owing to the
increasing prevalence of coronary heart disease. As per WHO statistics, approximately 7.4
million people died due to coronary artery disease in 2015. Hospitals as end-user of
angioplasty balloons held significant revenue share due to availability of advanced
equipment and services along with experienced and skilled staff.
U.S. angioplasty balloons market is forecast to undergo robust growth over the forecast
timeframe due to increasing prevalence of cardiovascular diseases. As per American heart
association, 1 out of 7 deaths in the country was attributable to coronary heart disease.
Growing elderly population along with increasing obesity, blood pressure and type 2
diabetes rates will fuel growth. Presence of major industry players in the region along with
the availability of advanced technology will further aid industry expansion. For instance, U.S.
FDA approved Lutonix 035 (C.R. Bard) in October 2014 and In.Pact Admiral (Medtronic) in
January 2015 for peripheral artery disease treatment.
Germany angioplasty balloons market should undergo rapid growth due to increasing
incidence of heart diseases. Increasing number of angioplasty procedures is leading to an
increase in demand. Rising elderly population along with growing obesity and diabetes
prevalence will boost growth. The country has an advanced healthcare infrastructure
providing improved access for cardiovascular disease. Presence of large number of PCI
centers and increasing spending on cardiovascular diseases should augment future industry
expansion.
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