Dual Balloon Angioplasty Catheter Market to Surpass US$ 281.8 Million in 2032 Owing to Rising Prevalence of Cardiovascular Disorders | Future Market Insights, Inc.
North America is estimated to account for over 31.8% of the global dual balloon angioplasty catheter market. Europe is expected to account for 21.9% of the market share in the global dual balloon angioplasty catheter market. The Asia Pacific is anticipated to gain market share during the forecast period
NEWARK, Del, Sept. 13, 2022 (GLOBE NEWSWIRE) -- The global dual balloon angioplasty catheter market is projected to exhibit steady growth with a CAGR of 3.2% and a valuation touching US$ 199.8 Million in 2022 surpassing US$ 281.8 Million in 2032. The increasing prevalence of cardiovascular disorders is expected to contribute to growth in the market. During the historical forecast from 2016-2021, a CAGR of 1.6% was registered for the dual balloon angioplasty catheter market.A dual balloon angioplasty catheter is known as a medical device that is inserted into the artery in order to clear the blockage allowing the clogged blood to flow freely. Dual balloon angioplasty is conducted to prevent heart attacks and angina in patients suffering from coronary artery disease.
In comparison with bypass surgery, the dual balloon angioplasty catheter market is less invasive. The balloon angioplasty expands the narrowed blood vessel by inflating the balloon which expands the area in the artery. A dual balloon angioplasty catheter is a thin flexible tube made of plastic with a tiny balloon on the tip of it. This tip is used to inject fluids and measure blood pressure.
*Request a Sample @* https://www.futuremarketinsights.com/reports/sample/rep-gb-4991
*Key Takeaways *
· Dual balloon angioplasty catheter is gaining traction in the healthcare sector as it resolves the difficulties such as insertion and removal of the large catheter. Often stents are inserted by placing them right on the tip of the balloon in this method. X-ray is preferred in dual balloon angioplasty, to guide the catheter into the heart and arteries.
· In order to stop bleeding, firm pressure is applied to the catheter. When the cholesterol plaque builds up in the wall of the artery of the heart, dual balloon angioplasty is usually done at this stage. It allows more blood and oxygen to flow into the muscles of the heart.
· It is easy and pretty simple to place the dual balloon angioplasty catheter. Owing to the rise in the prevalence of cardiac disorders and more effective drugs that have a straight effect on the directed area by the soft and flexible catheter which drives the growth of the market.
· In the forthcoming years, it has been anticipated that the peripheral and coronary angioplasty market continues to propel attributing to a rise in cardiovascular disease, obesity, and diabetes boosting the growth of the dual balloon angioplasty catheter market.
*Competitive Landscape*
Prominent companies in the global dual balloon angioplasty catheter market continuously indulge in various collaborations with other dominant players. In addition to that, massive investments are being made in research and development activities that display more convenient solutions to industry verticals.
*Request for Customization @ *https://www.futuremarketinsights.com/customization-available/rep-gb-4991
*More Insights into the Dual Balloon Angioplasty Catheter Market*
North America is predicted to occupy a dominant share of the global dual balloon angioplasty catheter market by possessing over 31.8% of the total market. According to the FMI analysis, demand for balloon catheters will accelerate over the forecast years owing to the presence of leading manufacturers, increased patient awareness, availability of advanced health care facilities and infrastructure, and technological advancements.
Growth in the North American region is attributed to the rising awareness among patients about a variety of treatment options and general health awareness. Furthermore, the rising prevalence of related illnesses in the region is contributing to the growth of this region.
The European region is anticipated to be the second leading market accounting for about 21.9% of the market share in the global dual balloon angioplasty catheter market. An increase in the aging population, efficient health care infrastructure and an emphasis on the development of innovative technology as well as enhanced patient diagnosis are responsible for the surge in the market.
The region is expected to witness phenomenal growth due to the increased emphasis on research and development along with the latest surgical inventions are fueling growth in the market. Moreover, Higher developmental capabilities in medical devices and adoption of diverse healthcare technologies such as robotic-assisted surgical procedures, and rising expenditure on healthcare infrastructure development are expected to surge growth in the region.
The Asia Pacific is yet another region expected to show positive growth over the assessment years. Countries like China and India are expected to fuel market growth due to new product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players.
*Key Segments Profiled in the Dual Balloon Angioplasty Catheter Industry Survey*
*Dual Balloon Angioplasty Catheter Market by Indication:*
· Peripheral Dual Balloon Angioplasty
· Coronal Dual Balloon Angioplasty
*Dual Balloon Angioplasty Catheter Market by End–User:*
· Dual Balloon Angioplasty Catheter for Hospitals
· Dual Balloon Angioplasty Catheter for Catheterization Labs
*Dual Balloon Angioplasty Catheter Market by Region:*
· North America* *Dual Balloon Angioplasty Catheter Market
· Latin America Dual Balloon Angioplasty Catheter Market
· Europe Dual Balloon Angioplasty Catheter Market
· Asia Pacific Dual Balloon Angioplasty Catheter Market
· Middle East and Africa Dual Balloon Angioplasty Catheter Market
*Ask an Analyst @ *https://www.futuremarketinsights.com/ask-question/rep-gb-4991
*Table of Content*
*1. Executive Summary*
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
*2. Market Overview*
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
*3. Market Background*
TOC continued…!
*Have a Look at Latest Trending Reports of *Healthcare *Domain*
Central Venous Catheter Market: A central venous catheter, also known as central line catheter, is a long, thin, flexible tube placed in a large vein near the heart.
Continuous Peripheral Nerve Block Catheter Market: Continuous peripheral nerve block catheter are used to perform a nerve block procedure for pain management.
Stent Graft Balloon Catheter Market: Stent graft balloon catheter, is a soft catheter with an inflatable "balloon" used during a catheterization procedure to enlarge a narrow opening in the coronary artery.
Balloon Catheter Market: The global Balloon Catheter Market is expected to reach US$ 5.11 Bn, registering a CAGR of 4.0% over the forecast period (2021-2031).
Intra-Aortic Balloon Pump (IABP) Market: Intra-aortic balloon pump (IABP) is further used in cardiogenic shock and assisting left ventricular function.
*ABOUT FUTURE MARKET INSIGHTS, INC.*
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
*Contact** Us*:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
*For Sales Enquiries:* sales@futuremarketinsights.com
*Browse Latest Market Reports:* https://www.futuremarketinsights.com/reports