The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Drug Eluting Nylon Balloon Catheter market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Drug Eluting Nylon Balloon Catheter
The report offers actionable and valuable market insights of Drug Eluting Nylon Balloon Catheter. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Drug Eluting Nylon Balloon Catheter Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Drug Eluting Nylon Balloon Catheter, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Drug Eluting Nylon Balloon Catheter Market.
The scope of Fact.MR’s report is to analyze the global drug-eluting balloon catheter market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global drug-eluting balloon catheter market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to medical devices.
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The global market for drug eluting balloon catheters is anticipated to progress at an impressive CAGR of 18% over the next ten years. This analysis has been performed by skilled analysts at Fact.MR, a market research and competitive intelligence provider, also reveals that demand for drug eluting balloon catheters comprises 20% share in the overall balloon catheters market at present. As per the study, the global drug eluting balloon catheter market is expected to be worth US$ 5.2 Bn by the end of 2031, with coronary artery disease drug eluting balloon catherization holding a mammoth 80% market share.
| Global Market Value in 2021 | US$ 1 Bn |
| CAGR (2021-2031) | 18% |
| Forecasted Market Value for 2031 | US$ 5.2 Bn |
| Dominant Market | Europe |
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Research in the drug eluting balloon catheter space by key players is anticipated bolster development and sales of more precise and efficient drug eluting balloon catheters.
Increasing prevalence of cardiovascular diseases has created massive demand for related treatments. Cardiology intervention procedures have grown in popularity as well as their effectiveness has substantially been accepted across the globe. Focus on healthcare is more prominent than ever before due to the shortcomings that were noticed amidst the COVID-19 pandemic. Favorable reimbursement policies by health insurance providers and rising geriatric population are also factors that are set to propel demand for drug eluting balloon catheters.
However, risk of infection through the collapse of balloon catheters is expected to restrain market growth to some extent. This is being addressed as next-generation drug eluting balloon catheters are being researched and launched.
“Increasing research & development by drug eluting balloon catheter manufacturers is anticipated to favor the industry in terms of demand and sales,” says a Fact.MR analyst.
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Fact.MR, in its new report, offers an unbiased Market Analysis of Drug Eluting Nylon Balloon Catheter, Sales and Demand of Drug Eluting Nylon Balloon Catheter, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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