Molding and Occlusion Balloon Market By Product – Normal Balloon Catheters, Cutting Balloon Catheters, Scoring Balloon Catheters, Drug Eluting Balloon Catheters and Stent Graft Balloon Catheters, Market By Application – Coronary Artery Disease And Peripheral Vascular Disease , Market By End-User– ambulatory surgical centers, hospitals, and cardiac catherization laboratories - Global Industry Size, Share, Trends, and Forecast, 2018-2026

Introduction

Balloon Catheter is an advance medical device consisting of guide wires and catheter. This balloon catheter is put into femoral artery of the leg or sometimes in radial artery of the arm to treat the constricted in the blood vessels. The cause of blood vessel constriction is due to arteriosclerosis i.e. deposition of lipid substances in blood vessels. Occlusion balloon catheter is mainly deep molded in a tubular shape and then expanded to several times their original size during use.

Market Dynamics

The increasing prevalence of cardiac diseases and rising geriatric population are some of the major factors driving the growth of the market. The increasing disposable income and rising healthcare expenditure is further fueling the growth of the market. Moreover, favorable reimbursement policies and rising government support may further propel the growth of the market.

However, high cost and risk of infection during surgery are some of the factors hampering the growth of the market.

Market Classification and Overview

The global molding and occlusion balloon market is segmented into product, application, end-user, and region.

On the basis of product, the market is segmented into normal balloon catheters, cutting balloon catheters, scoring balloon catheters, drug eluting balloon catheters and stent graft balloon catheters.

On the basis of application, the market is segmented into coronary artery disease and peripheral vascular disease.

Based on the end-user, the market is segmented into ambulatory surgical centers, hospitals, and cardiac catherization laboratories.

Regional Overview

Geographically, the global molding and occlusion balloon market is bifurcated into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).

North America is expected to dominate the market during the forecast period 2018-2026 owing to the high healthcare infrastructure, and favorable reimbursement scenario.

Asia Pacific is expected to be the fastest growing region owing to the large number of elderly population and increasing prevalence of cardiac diseases.

Europe is expected to hold the major share during the forecast period owing to the well developed healthcare infrastructure, better economic condition, and government support. Additionally, LAMEA is expecting a slower growth due to lack of knowledge and poor development.

Report Coverage

Market Participants

The molding and occlusion balloon market comprises of some of the major players such as W.L. Gore & Associates, Boston Scientific Corporation, B. Braun Melsungen AG, Abbott Laboratories, Inc., Biosensors International Ltd., Biotronik, Inc., Cardionovum GmbH, Cook Medical Inc., Cordis Corporation, JOTEC GmbH, Medtronic Plc, MicroPort Scientific Corporation and Terumo Corporation.

Market Segmentation

Market By Product

• Normal Balloon Catheters
• Cutting Balloon Catheters
• Scoring Balloon Catheters
• Drug Eluting Balloon Catheters
• Stent Graft Balloon Catheters

Market By Application

• Coronary Artery Disease
•  Peripheral Vascular Disease

Market By End-Users

• Ambulatory Surgical Centers
• Hospitals
•  Cardiac Catherization Laboratories
• Others

Market By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA