Angioplasty Balloon Market Trends and Overview

The market size of the Angioplasty Balloon was estimated to be USD 2,947.13 million in 2022 and is projected to reach USD 3,971.71 million by 2030, exhibiting a compound annual growth rate (CAGR) of 3.8% during the period from 2023 to 2030.

In the realm of medical devices, the Angioplasty Balloon holds a significant position. This market has witnessed substantial growth and is expected to continue its upward trajectory in the coming years.

With an estimated value of USD 2,947.13 million in 2022, the Angioplasty Balloon market is poised for remarkable expansion. By 2030, it is projected to reach a staggering USD 3,971.71 million, reflecting a robust compound annual growth rate of 3.8% during the period from 2023 to 2030.

The Angioplasty Balloon market's growth can be attributed to various factors, including advancements in medical technology, increasing prevalence of cardiovascular diseases, and rising awareness about minimally invasive procedures.

As the demand for effective treatment options for cardiovascular conditions continues to rise, the Angioplasty Balloon market is expected to witness sustained growth. This growth is driven by the increasing adoption of angioplasty procedures, which offer a less invasive alternative to traditional surgical interventions.

Furthermore, the market's expansion is fueled by the growing geriatric population, who are more susceptible to cardiovascular diseases. Additionally, the rising prevalence of risk factors such as obesity, sedentary lifestyles, and unhealthy dietary habits further contributes to the market's growth potential.

In conclusion, the Angioplasty Balloon market is poised for substantial growth in the coming years. With a projected value of USD 3,971.71 million by 2030, driven by a CAGR of 3.8% during the period from 2023 to 203 Factors such as the increasing prevalence of cardiovascular diseases and advancements in medical technology are expected to contribute to the significant expansion of the Angioplasty Balloon market in the forecast period.

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KEY MARKET SEGMENTATION:

By Production

• Normal Balloons
• Cutting/Scoring
• Drug-Eluting

By Application

• Coronary Angioplasty
• Peripheral Angioplasty

By End-Users

• Hospitals
• Ambulatory Surgical Centers
• Other End Users

Some of the major key players are as follows:

Abbott Laboratories, AngioDynamics, B. Braun Melsungen AG., Becton Dickinson, Biomerics, BIOTRONIK Vertriebs GmbH & Co. KG, Boston Scientific Corporation, Cardinal Health, Cordis (Cardinal Health), CTK biotech, Inc, Hexacath, INFINITY Angioplasty Balloon, JOTEC GmbH, Koninklijke Philips N.V, Medtronic Plc, MicroPort Scientific Corporation, and Nipro Medical Corporation, and others.

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