Angioplasty Balloons Market Size, Revenue, Shares, And Global Industry DemandPosted by Neha Bora on January 24th, 2020 San Francisco, 23 January 2020: The Report Angioplasty Balloons Market Size, Share & Trends Analysis Report By Type (Normal, DEB, Cutting, Scoring), By Application (Peripheral, Coronary), By End Use (Hospitals, ASCs, Cath Labs), And Segment Forecasts, 2018 – 2025 The global angioplasty balloon market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to record a CAGR of 3.3% during the forecast period. This growth is attributed to favorable government policies and increasing coronary and peripheral interventions. Angioplasty is a minimally invasive procedure, hence patients and surgeons prefer this procedure over high-cost stent placements. Furthermore, advancements in angioplasty balloons and expanding geographical reach are likely to propel the market growth in the coming years. For instance, in December 2014, Medtronic plc received an FDA approval for their drug-coated balloon IN.PACT Admiral for the treatment of peripheral artery disease. The company also received product approval from Japanese Ministry of Health, Labor and Welfare for the treatment of peripheral artery disease in the upper leg. Approval and commercialization of cutting and scoring balloons, such as TREK and MINI TREK, AngioSculpt, and Flextome balloons along with rising adoption of new balloons are likely to drive the market further. Access Research Report of Angioplasty Balloons Market @ www.grandviewresearch.com/industry-analysis/angioplasty-balloons-market Further key findings from the study suggest:
Grand View Research has segmented the global angioplasty balloon market on the basis of type, application, end use, and region: Angioplasty Balloon Type Outlook (Revenue, USD Million, 2014 - 2025)
Angioplasty Balloons Application Outlook (Revenue, USD Million, 2014 - 2025)
Angioplasty Balloon End Use Outlook (Revenue, USD Million, 2014 - 2025)
Angioplasty Balloons Regional Outlook (Revenue, USD Million, 2014 - 2025)
Like it? Share it!More by this author |