According to FutureWise analysis the market for angioplasty balloons is expected to register a CAGR of 4.5% from 2023-2031.
Balloon angioplasty is a procedure used to open narrow and blocked arteries. It is a minimally invasive method involving a catheter with a small flattened balloon at its tip. A Custom-designed catheter with a small balloon is cautiously guided through the artery to the blockage, then inflated to enlarge the opening and increase blood flow to the heart. A stent is frequently introduced to sustain the artery's openness post-deflation and catheter removal. There are two types of stents: bare (wire mesh) and covered (with an additional artificial wall).
In recent years, medical professionals have used new types of stents. Some of these are infused with medications to deter vessel re-closure. These medicated stents slowly release their therapeutic compounds into the tissue around the stent, effectively impeding or stopping restenosis. Coated stents have shown potential for improving the long-term success of this procedure. Researchers are also designing smaller, custom-designed stents to fit into smaller vessels. They are also designing stents for vessels with many blockages, including side branches. Other stents are coated with blood-thinning medicines to mitigate the formation of blood clots within the stent. In a recent advancement, researchers have begun developing non-metal stents that will eventually dissolve into the artery. These stents perform artery dilation akin to metal stents while lowering the restenosis risk due to their transient presence in the arterial structure.
FutureWise Market Research has published a report that provides an insightful analysis angioplasty balloons market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts, angioplasty balloons market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.