Global Stent Graft Balloon Catheter Market by Product Types, End-users, Raw Materials, Disease Indications and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The stent graft balloon catheter market is anticipated to expand at a considerable CAGR during the forecast period, between 2020 and 2026. The growth of the market is attributed to increasing demand of drug eluting balloons across the globe. Surging demand for balloons with drug delivery to deliver the medication at local site is also driving the growth of the market. However, costly angioplasty procedures in developing countries are the primary factors restraining the growth of the market.
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The stent graft balloon catheter market is anticipated to expand at a considerable CAGR during the forecast period, between 2020 and 2026. The growth of the market is attributed to increasing demand of drug eluting balloons across the globe. Surging demand for balloons with drug delivery to deliver the medication at local site is also driving the growth of the market. However, costly angioplasty procedures in developing countries are the primary factors restraining the growth of the market.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing cases of atherosclerosis is the primary factor driving the growth of the market.
- Surging number of incidents and prevalence of coronary artery diseases (CADs) across the globe is boosting the growth of the market.
- Rising spends in health care industry along with various technological advancement s regarding balloon catheters are the factors propelling the growth of the market.
- Growing demand for drug eluting balloons is also one of the factors fueling the growth of the market.
- Boosting number of effective alternatives for administrating the drug intravenously with growing adoption of balloons with drug delivery which is capable of delivering medications at local sites is increasing the growth of the market.
- Surging initiatives taken by the government and increasing geriatric population worldwide is boosting the growth of the market.
- Increasing costs for angioplasty, especially in underdeveloped and developing economies is one of the primary factors restraining the growth of the global stent graft balloon catheter market.
- Rising reimbursement issues and growing risk of infection and artery collapse are the factors hampering the growth of the market.
Competitive Landscape:
Major companies in the global stent graft balloon catheter market include Medtronic, Boston Scientific, Abbott Laboratories, Cordis, Atrium Medical, W. L. Gore & Associates Inc., JOTEC GmbH, and QXMédical, LLC. The companies are using strategic acquisitions such as expansions, capital investments, R&D activities, technological advancements, innovative product launches, distribution agreements, product portfolio, collaborations, mergers & acquisitions, and strategic partnerships.
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The Global Stent Graft Balloon Catheter Market has been segmented on the basis of
Product Types
- Complaint Balloon Stents Catheter
- Non Complaint Balloon Stents Catheter
End-users
- Hospitals
- Cardiac Centers
- Ambulatory Surgical Centers (ASCs)
Raw Materials
- Nylon
- Polyurethane
- Others
Disease Indications
- Coronary Artery Diseases
- Peripheral Vascular Diseases
Regions
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- Latin America
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Stent Graft Balloon Catheter Market Overview
- Global Stent Graft Balloon Catheter Market Analysis and Forecast by Type
- Global Stent Graft Balloon Catheter Market Analysis and Forecast by Application
- Global Stent Graft Balloon Catheter Market Analysis and Forecast by Sales Channel
- Global Stent Graft Balloon Catheter Market Analysis and Forecast by Region
- North America Stent Graft Balloon Catheter Market Analysis and Forecast
- Latin America Stent Graft Balloon Catheter Market Analysis and Forecast
- Europe Stent Graft Balloon Catheter Market Analysis and Forecast
- Asia Pacific Stent Graft Balloon Catheter Market Analysis and Forecast
- Middle East & Africa Stent Graft Balloon Catheter Market Analysis and Forecast
- Competition Landscape
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