Analysis of Normal Balloon Catheter Market: Size, Trends, Share and Growth Forecast till 2022

Rockville, US, 2018-Apr-05 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Normal Balloon Catheter Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global normal balloon catheter market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2026.

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Normal balloon catheter, an innovative medical device, comprises a catheter and a guide wire that is inserted into femoral artery in the legs, or, sometimes into radial artery in arms for treating constricted blood vessels. Generally normal balloon catheter is utilized for preventing blood vessel constriction, which is caused by atherosclerosis, i.e. deposition of the lipid substances in blood vessels.

The surge in interventional cardiology has been facilitating the utilization of normal balloon catheters. Moreover, there is a rise in prevalence of patients affected with the end stage renal disease. The number of patients seeking for renal replacement therapy has also increased. Leading manufacturers of normal balloon catheters are developing efficient and cost-effective solutions. These incidences might influence growth of the global normal balloon catheter market in the upcoming years. In contrast, costs of angioplasty procedures are very high, coupled with the risks such as artery collapse and infection related to balloon catheterization, which in turn will impede growth of the market.

The number of cardiovascular diseases has been witnessing a rise, along with growing cases of cardiology intervention procedures worldwide. Several governments are providing reimbursement support for people suffering from vascular diseases. There has also been a hike in healthcare expenditure. These factors might favor demand for normal balloon catheters. In addition, various other factors such as growing geriatric population, rising investments in research & development activities concerning normal balloon catheters are expected to pave potential growth opportunities for manufacturers of normal balloon catheters. The global market for balloon catheter is likely to exhibit a moderate growth during 2017 to 2022. Revenues from the global market for normal balloon catheter will reach nearly US$ 2,000 Mn by 2022-end.

Nylon to be Sought-after among Manufacturers of Normal Balloon Catheters

Based on raw material, nylon will remain sought-after among manufacturers of normal balloon catheters. Approximately half market share will be held by sales of nylon in the market during the forecast period. In addition, sales of polyurethane in the global market is expected to exhibit a relatively higher CAGR than that of nylon through 2022.

Coronary artery disease will continue to be dominant in the market, based on indication. Sales of normal balloon catheters for coronary artery disease are anticipated to exceed revenues worth US$ 1,000 Mn by 2022-end. In terms of revenue, nearly three-fourth market share is estimated to be held by normal balloon catheter sales for coronary artery disease throughout the forecast period.

Europe to Account for Largest Revenue Share of the Global Normal Balloon Catheter Market

Europe is projected to be the largest market for normal balloon catheter during 2017 to 2022, in terms of revenue. Sales of normal balloon catheter in Europe will hold the largest revenue share of the market over the forecast period. In addition, normal balloon catheter sales in Asia-Pacific excluding Japan (APEJ) are expected to exhibit the fastest expansion through 2022. In contrast, the market in North America is anticipated to register the lowest CAGR through 2022.

Competition Tracking

Key players profiled in Fact.MR’s report include Abbott Laboratories, Boston Scientific Corporation, Medtronic plc, Terumo Corporation, MicroPort Scientific Corporation, B. Braun Melsungen AG, Meril Life Sciences Pvt. Ltd., Hexacath, Tokai Medical Products Inc., Cook Medical INC, Cordis Corporation, and BIOTRONIK SE & Co. KG.

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Table of Content

  1. Global Normal Balloon Catheter Market – Executive Summary
  2. Global Normal Balloon Catheter Market Overview
    2.1. Introduction
    2.1.1. Global Normal Balloon Catheter Market Taxonomy
    2.1.2. Global Normal Balloon Catheter Market Definition
    2.2. Global Normal Balloon Catheter Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Normal Balloon Catheter Market Y-o-Y Growth
    2.3. Global Normal Balloon Catheter Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Epidemiology
    2.6. Product Mapping Behavior By Region
    2.7. Average Pricing Analysis
    2.8. Regulations
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Normal Balloon Catheter Market Analysis and Forecast By Indication 
    3.1. Global Normal Balloon Catheter Market Size and Forecast By Indication, 2012-2022
    3.1.1. Coronary Artery Disease Normal Balloon Catheter Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Peripheral Vascular Disease Normal Balloon Catheter Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region

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