Dual Balloon Angioplasty Catheter Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


Future Market Insights

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Dual Balloon angioplasty catheter is a medical device which is inserted into the artery to clear the blockage and allow the clogged blood to flow. Dual balloon angioplasty is done to prevent the heart attack and angina in the patient suffering from coronary artery disease. Dual balloon angioplasty catheter is less invasive as compared to the bypass surgery which was the only option before. Balloon angioplasty widens the narrowed blood vessel by inflating the balloon which expands the area in the artery. Dual balloon angioplasty catheter is a thin plastic and flexible tube with a tiny balloon and its tip is used to inject fluids and also measure blood pressure. Sometime stents are being inserted by placing it on the tip of the balloon in the dual balloon angioplasty to keep the wall of the artery expanded. X ray is used in the dual balloon angioplasty to guide the catheter into heart and arteries. Dye is injected into the body to highlight the blood arteries. Dual balloon angioplasty catheter resolve the difficulties such as insertion and removal of large catheter. Firm pressure is applied on the site of the catheter to stop the bleeding. Dual balloon angioplasty is usually done when the cholesterol plaque builds up in the wall of the artery of the heart, thus allows more blood and oxygen to flow into the muscles of the heart.

Dual-Balloon Angioplasty CatheterMarket: Drivers and Restraints

Due to minimally invasive approach of the dual balloon angioplasty catheter market is catching steam. Dual balloon angioplasty catheter is simple and easy. Increase in the prevalence of the cardiac disorders and drug can be delivered directly to the affected area by the soft and flexible catheter which drives the growth of the market. Less preference to dual balloon angioplasty by patients due to some major drawbacks of the procedure presents considerable limitation to the growth of dual-balloon angioplasty catheters market. Patients may need to perform repeat procedure as the arteries eventually may get blocked several years after angioplasty.

Dual Balloon Angioplasty Catheter Market: Segmentation

Tentatively, global Dual Balloon Angioplasty Catheter market has been segmented on the basis of indication type end user, and geography.

Based on indication, Dual Balloon Angioplasty Catheter Market is segmented as below:

  • Peripheral Dual Balloon Angioplasty
  • Coronary Dual Balloon Angioplasty

Based on end user, Dual Balloon Angioplasty Catheter Market is segmented as below:

  • Hospitals
  • Catheterization labs

Dual-Balloon Angioplasty Catheter Market: Overview

On the basis of indication, global dual balloon angioplasty catheter market segmented into peripheral and coronary angioplasty. Coronary angioplasty is expected to propel the dual balloon angioplasty catheter market growth of as it treat coronary artery obstruction. Manufacturing of new products with the reduced cost and maximize the value of the coronary angioplasty. Peripheral and coronary angioplasty market continues to grow in the coming years due to increase in cardiovascular disease, obesity and diabetes.

On the basis of end user, global dual balloon angioplasty catheter market is segmented into hospitals and catheterization labs. Hospitals share the largest growth in the dual balloon angioplasty catheter market because of the high patient pool and reimbursement policies available in the hospitals.

Dual-Balloon Angioplasty CatheterMarket: Regional Outlook

Geographically, dual balloon angioplasty catheter market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to maintain its position in the dual balloon angioplasty catheter market due to presence of the major market players and high cost of the device. Asia pacific is expecting the fastest growing rate in the dual balloon angioplasty catheter market due to the large number of patient population, rise in the healthcare expenditure and investments of the major key players in this region.

Dual-Balloon Angioplasty CatheterMarket: Key Players

Some of the key players present in the Dual balloon angioplasty cathter market are Spectranetics, InSitu Technologies® Inc,  eucatech AG, Balton Sp. z o.o., PanMed Us, Degania Silicone Ltd, Van Oostveen Medical B.V., IMeSI, phenox GmbH, Natec Medical, Acrostak Int., SCITECH., Medinol Ltd.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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