Drug-eluting Balloons in Coronary Intervention Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017

Published On:May 23, 2017, 4:07 pm

Drug-eluting Balloons (DEB) are mainstream semi-tractable angioplasty balloons Drug-eluting Balloons in Coronary Interventioncloaked with an anti-proliferative drug that is eliminated into the vessel wall when the balloon inflates which is generally at ostensible pressures along with particular reduced inflation time. These balloons are usually used in re-stenotic lesions – earlier stented sections which have developed neointimal hyperplasia and luminal loss. The substance which is active on the DEB must be lipophilic enough to have superior absorption rate with the help of that vessel wall to recompense for the little period of contact in-between the inflated balloon and the vessel wall in itself, also once released, to keep up a sustained effect.

The benefit of drug-eluting balloons are that they deliver drug homogenously and the fact that this method does not involve any kind of foreign material implantation. Recently interventional cardiology has got immense boost with the newly introduced concept of ‘combined treatment strategy’ of bare metal stent that is accompanied by drug-eluting balloons. These emerging devices optimize clinical results in coronary artery diseases. It is a feasible substitute for inhibition of subsequent revascularization through stent technologies and coronary restenosis.

The global drug-eluting balloons in coronary intervention market is predicted to garner maximum market share in future and will be accountable for a substantial CAGR during the forecast period. Factors such as increasing geriatric population and escalated investments by several foreign medical device companies together are fuelling the global growth of this market industry. Geographically, China, India and Japan are predicted to be the most rapid growing market of this industry in the Asia Pacific region.  This growth is due to several initiatives carried out by governments to elevate awareness pertaining to therapeutic applications of drug-eluting balloons in peripheral and coronary artery diseases.

The aging individuals are more prone to cardiovascular diseases as compared to adults. As per UN reports, nearly 30 percent of China’s total population will consist of old people by 2050. Besides, increasing prevalence of obesity, and more number of coronary artery diseases are prime factors impelling the positive growth of this market industry on a global level. Moreover, a few vital trends of the global market of this industry are increased number of mergers and acquisitions of medical devices manufacturing companies and fast novel product launches.

The major players operating in the global drug-eluting balloons in coronary intervention market are Eurocor GmbH, Acrostak, Cook Medical, Medtronic, Blue Medical, Boston Scientific, C.R. Bard, B. Braun, Bayer, and Aachen Resonance. The end user applications segment is further segmented into Scientific, medical and healthcare Industries and Research. The Global Drug-eluting Balloons in Coronary Intervention Market depending upon its applications like Hospitals, and Medical Institutions. Lastly, geographically this market has been segmented into regions such as North America, India, Europe, Japan, China and Southeast Asia.

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