Product ID: UCMIG35A2943
Report ID:
UCMIG35A2943 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for drug-coated balloon catheters had a value of USD 642.0 million in 2022, and it is projected to experience an 8.0% compound annual growth rate (CAGR) from 2023 to 2030. These catheters, also referred to as drug-eluted balloon catheters, have been specifically designed to expand narrowed coronary arteries and are employed in the management of in-stent restenosis (ISR). Factors such as the increasing demand for minimally invasive procedures and advancements in drug-coated/drug-eluting balloon technologies are expected to play a significant role in driving market expansion. Furthermore, the aging population has had a substantial influence on market growth, given that older individuals are more susceptible to health issues, including peripheral and cardiovascular abnormalities.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35A2943