Stent Graft Balloon Catheter Market: Coronary Artery Disease Indication Uplift the Demand

Posted on 2019-05-03 by Mark Hub in Healthcare // 0 Comments

Rockville, USA, 2019-May-03 — /EPR Network/ —Stent graft balloon catheters are soft catheters equipped with inflatable balloons, and are utilized during a catheterization process, in order to enlarge the narrow opening in coronary artery. Stent graft balloon catheter are generally used to expand vascular prosthesis, or at times of temporary occlusion of huge vessels, thereby utilized in several endovascular treatment of thoracic, aortic, and abdominal diseases.

Increasing number of hospital admissions, owing to rising prevalence of coronary artery disease, and increasing instances of atherosclerosis are expected to drive growth of the global stent graft balloon catheter market. The global market for stent graft balloon catheter will register a healthy expansion. This Fact.MR report analyzes the expansion of global stent graft balloon catheter market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

On the back of steep rise in occurrence of ataherosclerosis that results in deposition of plaque on artery walls, procedures such as balloon angioplasty and bypass surgery have become standard treatment means, thus augmenting greater adoption of stent graft balloon catheter. Further, technological innovations such as adequate drug delivery aided by stent graft balloons is one of the most admirable developments that ensures local drug administration, and the trend is likely to continue in foreseeable future.

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Europe to be the Most Attractive Market for Stent Graft Balloon Catheter

Besides North America and Europe where the scope is massive, several countries in Asia-Pacific region are also expected to follow suit with rapid adoption of medical procedures such as angioplasty. Gore’s Q50 Plus stent graft balloon catheter is widely accepted for superlative outcome in abdominal aortic aneurysms and thoracic aortic aneurysms. Merit Medical Systems, Inc. a leading distributor of Q50 Plus has been lately acknowledged as the most leading distributor globally. The development is a vital one and is expected to leverage growth in stent graft balloon catheter market.

Europe is estimated to be the most attractive market for stent graft balloon catheter. Asia-Pacific excluding Japan (APEJ) is expected to exhibit the highest CAGR in the global market through 2022. By indication, coronary artery disease will continue to account for a comparatively larger revenue share of the market than peripheral vascular disease.

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The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of stent graft balloon catheter market to offer veritable insights on segments’ historical and future growth estimations.

Stent Graft Balloon Catheter Market: Competition Landscape

A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

Market players listed in Fact.MR’s report on the global market for stent graft balloon catheter include Medtronic Plc, Cordis Corporation, B. Braun Melsungen AG, Cook Medical INC, Terumo Corporation, Boston Scientific Corporation, MicroPort Scientific Corporation, Jotech GmbH, Cardionovum GmbH, Hexacath, Abbott Laboratories, and Meril Life Sciences Pvt. Ltd.

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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