Endoscopic Balloon Dilator Market Report 2018: Major Regions Sales and Size Analysis, Production, Revenue and Growth Rate Estimation till 2027

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Rockville, US, 2018-Aug-10 — /EPR Network/ — The advancements in the endoscopic procedures and the increasing demand for minimally invasive procedures over the conventional surgical procedures through endoscopic balloon dilation, is expected to bolster the growth of the global endoscopic balloon dilator market. Endoscopic balloon dilators are offered as one-time healthcare gadgets. The dilation of balloon methodology is performed under fluoroscopic endoscopic guidance of the image. The balloon is expanded with saline, water, or other fluid materials. Difference medium is in some cases used to screen the position of the balloon and expansion method under fluoroscopic (X-Ray) image. Advancement in technology in endoscopy balloon dilators have prompted accessibility of balloon dilators of various sizes, designs, uses, and lengths.

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Endoscopic balloon dilation is a therapeutic procedure which is also known as a minimal invasive procedure as it allows to avoid the traditional surgeries. Balloon dilatation catheter are generally used to for dilatation of strictures located in the pylorus, esophagus, colon, duodenum, and the airway tree. The endoscopic balloon dilator is also used for the extraction and dilatation of biliary stone. The endoscopic balloon dilation comes with the features such as optimize time by combining outstanding trackability, optimized passability, simplified scope compatibility and fluoroscopic visualization. Endoscopic balloon dilators are versatile and combined with the easy to use balloon dilation with suction, irrigation and CT image guidance. The endoscopic balloon dilators also allows opacification during the endoscopic procedure.

The global endoscopic balloon dilator market is segmented on the basis of product type, modality type, and end user.

On the basis of product type, the global endoscopic balloon dilator market is segmented into:

  • Biliary balloon dilator
  • Esophageal balloon dilator
  • Pyloric balloon dilator
  • Colonic balloon dilator
  • Duodenal balloon dilator
  • Other

On the basis of modality type, the global endoscopic balloon dilator market is segmented into:

  • Single Lumen
  • Double Lumen

On the basis of end user, the global endoscopic balloon dilator market is segmented into:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

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The global endoscopic balloon dilator market is expected to register a significant CAGR over a forecast period. Globally, the rise in incidence rate of geriatric population and lifestyle diseases worldwide, the increasing preference and shifting towards minimally invasive procedures i.e. endoscopy procedures by doctors and patients, which is anticipated to boost the demand for endoscopic balloon dilator and drives the global market of balloon dilator over the forecast period. The higher prevalence of colorectal and gastrointestinal related diseases are the key factors significantly responsible for the growth of the endoscopic balloon dilator and drives the global endoscopic balloon dilator market. Increasing strategic collaborations among key players and advancements in endoscopic technologies as well as the growing acceptance of endoscopy procedures due to the post-operative benefits are some other factors propel the demand of endoscopic balloon dilator and drive the market revenue growth over the forecast period.

On the basis of regional presence, the global endoscopic balloon dilator market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East & Africa. The North America is dominating and contributed the leading shares to the global endoscopic balloon dilator market in terms of revenue and expected to register a significant growth over a forecast period due to technological advancement and developed medical infrastructure along with the reimbursement facilities. The Europe has also contributed the moderate shares and registered a healthy growth rate to the global endoscopic balloon dilator market followed by North America. The APEJ has become the lucrative market for endoscopic balloon dilator and anticipated to register significant shares over the forecast period due to the increasing adoption of Endoscopic processor and developing medical infrastructure in the region. The Latin America and MEA are at a nascent stage to the global endoscopic balloon dilator market and expected to show a moderate growth over a forecast period due to increasing medical facilities.

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