A cutting balloon catheter is an exceptional medical device utilized in angioplasty procedures. It is used for the percutaneous coronary interventions in arteries or veins. It contains a particular balloon tip with three-four microsurgical blades, that are activated by inflating the balloon. The advantage of this device is its ability to minimize vessel stretch and vessel injury.
MARKET DYNAMICS
The rising prevalence of cardiovascular diseases and increase in number of percutaneous coronary intervention procedures are supposed to serve as primary market driver of the cutting balloons market. Additionally, technological advancements, increasing R&D and improved healthcare facilities in developed economies are also expected to support the market growth. However, significant expense of treatment and the risk of infection associated with it is likely to hinder the development of cutting balloon market.
MARKET SCOPE
The "Cutting Balloons Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of cutting balloons market with detailed market segmentation by type and application. The cutting balloons market are expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in cutting balloons market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The cutting balloons market is segmented on the basis of type and application. On the basis of type, the market is segmented as semi-compliant balloons and non-compliant balloons. On the basis of application, the market is segmented as hospitals, cardiac center & clinics, ambulatory surgical centers and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the cutting balloons market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cutting balloons market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cutting balloons market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the cutting balloons market in these regions.
MARKET PLAYERS
The report covers key developments in the cutting balloons market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cutting balloons market are anticipated to have lucrative growth opportunities in the future with the rising demand for cutting balloons in the global market. Below mentioned is the list of few companies engaged in the cutting balloons market.
The report also includes the profiles of key players in cutting balloons market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Medtronic PLC
-C.R. Bard
-Boston Scientific Corporation
-Biotronik SE & Co. KG
-MicroPort Scientific Corporation
-Cordis Corporation
-Abbott Laboratories
-B. Braun Melsungen
-Meril Life Sciences
-Terumo Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.