The global Angioplasty Balloons & Stents market garnered revenue around USD 5.8 Billion in 2019 and projected to reach USD 9.1 Billion in 2027, with at a compound annual growth rate (CAGR) 4.6% throughout the estimate period from 2020 to 2027. A stent is a small, mesh-like device made of metal. When a stent is placed inside of an artery, it acts as a support or scaffold, keeping the vessel open. By keeping the vessel open, the stent helps to improve blood flow to the muscle and reduce pain. Stent procedures are usually used along with balloon angioplasty. In fact, about 80% of patients who have balloon angioplasty will have a stent placed as well. North America is a highly lucrative market for angioplasty balloons & stents due to quick adoption of new product, favorable reimbursement, and high awareness and availability of different treatment options.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Angioplasty Balloons & Stents market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Angioplasty Balloons & Stents market growth.
The global Angioplasty Balloons & Stents market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
The global market include Medtronic, Abbott, Boston Scientific Corporation, Cook Medical, Biosensors International Group, Ltd., MicroPort Scientific Corporation, Terumo Corporation, Stentys SA, Biotronik, Inc., and BD.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Angioplasty Balloons & Stents Market: Segmentation
Angioplasty Balloons & Stents Market, by Product
Angioplasty Balloons & Stents Market, by Indication
Angioplasty Balloons & Stents Market, by End User
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: