Angioplasty Balloons Market – Global Industry Analysis Report, Share, Growth, Price Trends and Forecast, 2017 – 2024: Global Market Insights Inc. The research report “Angioplasty Balloons Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Angioplasty Balloons Market size is projected to experience significant growth from 2017 to 2024. Growing prevalence of cardiovascular diseases such as coronary and peripheral artery disease will drive angioplasty balloons market growth. Increasing geriatric population base will serve to be a high impact rendering factor owing to their higher susceptibility towards heart diseases. As per NIH data, coronary heart disease risk in men increases after the age of 45 years. Increasing number of angioplasty procedures coupled with growing demand for minimally invasive procedures will fuel industry growth. Less recovery and hospitalization period associated with the procedure providing the benefit of resuming regular work life soon will aid adoption.
Growing obesity levels due to lifestyle changes such as adoption of sedentary lifestyle with lack of physical activity and consumption of fat and sodium rich junk foods will further fuel growth. Increasing high blood pressure, unhealthy cholesterol levels and diabetes prevalence is leading to a higher risk of heart diseases among the population. Increasing incidence of smoking leading to blood vessel tightening and damage along with decreased oxygen supply to tissues would boost procedure demand. Angioplasty balloon technologies are witnessing rapid advancements. For instance, cutting and drug eluting balloons have now been developed. Risks associated with the procedure such as bleeding or infection at insertion site, artery dissection or perforation may deter adoption. Drug eluting angioplasty balloons are forecast to exhibit robust growth over the forecast timeframe owing to their advantages such as more homogenous drug distribution. Drug eluting balloon on expansion releases the drug into the vessel wall and prevents the buildup of neointimal scar tissue. The balloons also minimize the need for implantation of foreign materials such as stents. Cutting balloons are forecast to grow at rapid rate owing to their ability to reduce vessel stretch and injury through longitudinal vessel scoring. They decrease the risk of neoproliferative response by dilating the target vessels with less force. 1|Page