Balloon Catheters Market projected period of 2021 to 2028

 Market Analysis and Insights : Global Balloon Catheter Market

In the projected period of 2021 to 2028, the balloon catheter market is expected to increase. According to Data Bridge Market Research, the market would increase at a CAGR of 4.85 percent over the forecast period. The balloon catheter market is driven by the rising frequency of cardiovascular disorders.


A balloon catheter is a medical device that consists of a guidewire and a catheter that is placed into the femoral artery in the leg or the radial artery in the arm to treat restricted blood arteries. A balloon catheter can also be used to unblock blocked or restricted coronary arteries caused by coronary artery disease using a minimally invasive method (CAD)

The rising geriatric population, rising number of minimally invasive surgeries, increasing hospitalisation with an increase in cardiovascular disorders, rising demand for angioplasty over conventional surgeries due to its minimally invasive nature and better outcome, and increase in the number of catheterization labs are all contributing to the balloon catheter market. Furthermore, in the anticipated period of 2021-2028, rising technological developments and modernization in healthcare equipment, rising research and development efforts in the healthcare sector, and rising emerging markets will all generate new chances for the balloon catheter market. However, rising healthcare costs are one of the primary reasons obstructing market growth and will further challenge the growth of balloon catheter market in the forecast period mentioned above.


Balloon Catheter Market Scope and Market Size

On the basis of indication, end-users, balloon type, and catheter type, the balloon catheter market is divided. The growth of these sectors will assist you in analysing meagre growth segments in the industries, as well as providing users with a comprehensive market overview and industry insights to aid them in making strategic decisions for core market application identification.

  • The balloon catheter market is divided into two categories based on indication: coronary artery disease and peripheral vascular disease.
  • The balloon catheter market is divided into public and private hospitals, ambulatory surgical centres, and cardiac catheterization laboratories based on end-users.
  • The balloon catheter market is divided into two types of balloons: high-pressure balloons and elastomeric balloons.
  • The balloon catheter market is additionally divided into over-the-wire (OTW) balloon catheters, rapid exchange (RX) balloon catheters, and fixed-wire (FW) balloon catheters based on catheter type.

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