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Consumption in Healthcare Industry
Equipped with enhanced technology, scoring balloon catheters have brought respite to the patients of coronary artery disease. Despite increasing risks of artery collapse during the catheterization process, the scoring balloon catheters is expected to witness considerable demand in the healthcare sector. Conventional balloons are bound to limitations including insufficient luminal expansion and bailout stenting due to uncontrolled dissection. Scoring technology enables superior luminal expansion through re-expansion of original stent and effective mechanical dilatation of the neointimal tissue. Attributed to benefits of treating ISR without slippage, the scoring balloon catheters are more preferred over the conventional devices in the healthcare industry.
Preference over Conventional Devices
Moreover, insufficient luminal expansion during treatment of fibrocalcific lesion through conventional devices and resistance to the dilatation has led manufacturers to adopt scoring technology for production of balloon catheters. Conventional balloons are bound to lower patency rate and repetitive revascularization. Due to such factors, the scoring balloon catheters are more preferred during the treatment process as compared to the conventional devices.
However, growing risk artery collapse attributed to catheterization process is predicted to hinder growth of the global scoring balloon catheter by the end of 2022. Moreover, increasing risk of infections due to catheterization treatment is expected to pose challenges for the global market of scoring balloon catheters. Such factors are likely to impact growth of the global scoring balloon catheter market negatively during the predicted period.
Hospitals to Remain a Leading Segment
Coronary artery diseases is expected to witness the highest growth in terms of revenue in the global market. This segment is predicted to register the highest CAGR in APEJ. Coronary artery diseases will represent a value of nearly US$ 40 Mn in 2017. Peripheral vascular disease as compared to other disease indication is expected to represent the second highest revenue growth in the global scoring balloon market.
Market Players
Major market players operating in the global scoring balloon catheter market include Medtronic Plc, B. Braun Melsungen AG, BIOTRONIK SE & Co. KG, Tokai Medical Products Inc., Boston Scientific Corporation, Terumo Corporation, MicroPort Scientific Corporation, Jotech GmbH, Meril Life Sciences Pvt Ltd, Hexacath, Abbott Laboratories, Cordis Corporation, Cook Medical INC, and Cardionovum GmbH.
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Table of Contents:
- Global Scoring Balloon Catheter Market - Executive Summary
- Global Scoring Balloon Catheter Market Overview 2.1. Introduction 2.1.1. Global Scoring Balloon Catheter Market Taxonomy 2.1.2. Global Scoring Balloon Catheter Market Definition 2.2. Global Scoring Balloon Catheter Market Size (US$ Mn) and Forecast, 2012-2022 2.2.1. Global Scoring Balloon Catheter Market Y-o-Y Growth 2.3. Global Scoring Balloon Catheter Market Dynamics 2.3.1. Drivers 2.3.2. Restraints 2.3.3. Trends 2.4. Supply Chain 2.5. Epidemiology 2.6. Product Mapping Behavior By Region 2.7. Average Pricing Analysis 2.8. Regulations 2.9. Key Participants Market Presence (Intensity Map) By Region
- Global Scoring Balloon Catheter Market Analysis and Forecast By Indication 3.1. Global Scoring Balloon Catheter Market Size and Forecast By Indication, 2012-2022 3.1.1. Coronary Artery Disease Scoring Balloon Catheter Market Size and Forecast, 2012-2022 3.1.1.1. Revenue (US$ Mn) Comparison, By Region 3.1.1.2. Market Share Comparison, By Region 3.1.1.3. Y-o-Y growth Comparison, By Region 3.1.2. Peripheral Vascular Disease Scoring Balloon Catheter Market Size and Forecast, 2012-2022 3.1.2.1. Revenue (US$ Mn) Comparison, By Region 3.1.2.2. Market Share Comparison, By Region 3.1.2.3. Y-o-Y growth Comparison, By Region
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