Angioplasty balloon market forecast to reach USD 2.9 billion by 2024
“The global angioplasty balloons market size was valued at USD 2.2 billion in 2015 and is projected to grow at a CAGR of 3.2% over the forecast period. This high growth is attributed to rising angioplasty procedures due to minimally invasive nature of the surgery.�
The Global Angioplasty Balloon Market is expected to reach a value of USD 2.9 billion by 2024, according on a new report by Grand View Research, Inc. The growth of the market is attributed to favorable government policies, approval & commercialization of several angioplasty balloons, and increasing coronary & peripheral interventions. Angioplasty is a minimally invasive procedure, hence patients and surgeons prefer this procedure over high cost stent placements. Access for full Detail of Reprot:http://www.grandviewresearch.com/industryanalysis/angioplasty-balloons-market Furthermore, advancements in the angioplasty balloons are likely to propel the market. For instance, in December 2014 Medtronic plc received a U.S.FDA approval for their drug coated balloon IN. PACT Admiral for the treatment of peripheral artery disease.
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