Coronary balloons are medical devices that are used in minimally invasive procedures for opening up the narrowed or blocked arteries caused by peripheral arterial disease.
Coronary balloons are medical devices that are used in minimally invasive procedures for opening up the narrowed or blocked arteries caused by peripheral arterial disease (PAD). The procedure for widening of blocked coronary arteries is referred to as balloon angioplasty or percutaneous transluminal coronary angioplasty (PTCA). The balloon angioplasty procedure opens up the blocked coronary artery, relieves the angina chest pain, and improves the life expectancy without the need of an open heart or bypass surgery. Peripheral arterial disease occurs when arteries gets atherosclerotic due to deposition of cholesterol on the inner side of the arteries. Peripheral arterial disease is caused by increasing age, excess levels of cholesterol in the blood, smoking, sedentary lifestyle, high blood pressure, excessive stress levels, diabetes & obesity, etc.
Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=26843
Technological advancements have led to the development of different coronary artery balloons on the basis of indication and material. Rise in the geriatric population worldwide, increasing adoption of minimally invasive procedures, and minimum side effects, are major factors that are anticipated to drive the global coronary balloons market. However, the high cost of surgery, availability of alternative treatment options such as bypass surgery, medication, etc., are likely to restrain the market during given forecast period. The ongoing R&D activities for development of innovative and cost-effective products are estimated to create opportunities for the coronary balloons market in the near future.
Request for Analysis of COVID-19 Impact on Coronary Balloons Market –
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=26843
The increasing geriatric population worldwide, rising number of patients with coronary artery diseases, increasing prevalence of diabetes and obese patients, and sedentary lifestyle are projected to be the key factors driving the global coronary balloons market. Furthermore, the added advantage of less invasive procedure of balloon angioplasty over other surgical methods, and innovative products such as drug eluting balloons for in-stent restenosis, cutting balloons, and scoring balloons are likely to boost the expansion of the market during the forecast period. However, the availability of alternative treatment options for peripheral arterial diseases such as usage of coronary stents and stent grafts and cardiac bypass surgery are factors that are estimated to restrain the market during the forecast period. Moreover, increasing pressure for developing high quality medical devices at low cost, medical reimbursement issues, and high cost of balloons are likely to further restrain the expansion of the market. The development of paclitaxel-coated angioplasty catheter and bio absorbable coating on balloon drug-eluting balloon catheter are anticipated to present newer opportunities for the market during the forecast period.
Pre book Coronary Balloons Market Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=26843<ype=S
The global coronary balloon market can be segmented into product type, material, and geography. In terms of product type, the coronary balloons market can be segmented into normal balloon, drug eluting balloon, cutting balloon, and scoring balloon. The normal coronary balloon segment is projected to dominate the market during the forecast period. In terms of material, the global coronary balloons market can be segmented into non-compliant balloon, and semi-compliant balloon.
Top of Form
Ask for Discount :
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=26843
In terms of geography, the global coronary balloon market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to hold a significant share of the global market due to improved healthcare facilities and expenditures, increasing number cardiovascular patients, and increasing geriatric population coupled with diabetic disease. According to Centers for Diseases Control and Prevention, it is estimated that every year, more than 735,000 Americans suffer a heart attack. Europe follows North America in terms of market share of the global coronary balloon market. The Asia pacific market is anticipated to expand at a significant CAGR due to increasing number of cardiac disease patients, presence of emerging economies like India & China, increased healthcare budgets by governments, and improving healthcare infrastructure in the region. It is estimated that by the end of 2020, India is likely to record the highest burden of cardiovascular diseases than any other country in the globe.
Key players operating in the global coronary balloons market includes Medtronic plc, Boston Scientific Corporation, C. R. Bard, Taewoong Medical Co., B. Braun Melsungen AG, BIOTRONIK SE & CO. KG, Cook Group Incorporated, Cordis Corporation, ENDOCOR GmbH, Spectranetics Corporation, Abbott Laboratories, Inc., and Merit Medical Systems, Inc. The companies are focusing on mergers and acquisitions to gain competitive advantage and strengthen their product portfolios.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453