Drug Eluting Balloon Market – History, Present And Future Market 2026

Drug Eluting Balloon Market Size, Share,
Trend, Outlook, Future Analysis And
Synthesis By 2026
Drug eluting balloons are angioplasty balloons that are coated with an anti-proliferative drug, which is
eluted in vessel walls during the inflation of balloon, usually at nominal pressure with a specific
minimal inflation time. The active substance coated on the drug eluting balloon should be lipophilic in
nature to have a high absorption rate through the vessel wall. Mostly paclitaxel is used as active
ingredient due to its high pharmacokinetic transfer rate into the vessel wall and it is actively used in
drug eluting balloons in the U.S. market and has been already approved for use in Europe.
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Market Dynamics
Increasing prevalence of coronary artery diseases is a major factor driving drug eluting balloon market
growth. According to American College of Cardiology, June 2017, around 17.92 million cardiovascular
deaths were registered in 2015 worldwide. Moreover, key players in the market are focused on adopting
acquisition strategies in order to gain access to innovative products and expand their product offerings in
the potential markets. For instance, in April 2010, Medtronic acquired Invatec and affiliated companies.
Invatec launched 4 new drug eluting balloons in Europe in 2009 including In.Pact Amphirion, In.Pact
Admiral, In.Pact Pacific, and In.Pact Falcon. Medtronic is focused on enhancing its international presence
by expanding treatment option for patients with cardiovascular disease.
Increasing prevalence of coronary artery disease and diabetes is expected to propel growth of
the drug eluting balloon market
Drug eluting balloon is an angioplasty balloon, which plays a vital role in treatment of coronary artery
disease. High prevalence of coronary artery disease is expected to propel demand for angioplasty and
other treatments, which in turn is expected to drive the market growth. According to the World Health
Organization (WHO), around 3.8 million men and 4.4 million women die, annually from coronary heart
disease worldwide. Moreover, the number of deaths from age 15 to 59 is around 1332 thousands and for
above 60 years of age is around 5825 thousands.
Report includes chapters which deeply display the following deliverable about industry :
• Drug Eluting Balloon Market Research Objective and Assumption
• Drug Eluting Balloon Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Drug Eluting Balloon Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Drug Eluting Balloon Market, By Regions
• Drug Eluting Balloon Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Drug Eluting Balloon Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Drug Eluting Balloon Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Drug Eluting Balloon Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Increasing adoption of drug eluting balloon in North America is expected to bolster the market
growth
North America holds dominant position in the global drug eluting balloon market, owing to
high prevalence of obesity, which further develops cardiovascular and coronary artery diseases.
In October 2017, according to the National Center for Health Statistics (NCHS), estimated the
prevalence of obesity in adults was around 39.8% and in youth 18.5% in the year 2015 -16 in
the U.S. Increasing prevalence of cardiovascular diseases developed from tobacco and smoking
in the region is also expected to boost the market growth.
Key Players
Major players operating in the global drug eluting balloon market include, Medtronic, Becton, Dickinson
and Company (BD), Boston Scientific Corporation, Cook Medical, B. Braun Melsungen AG, Koninklijke
Philips N.V., Opto Circuits (India) Limited, Terumo Corporation, Surmodics, Inc., and Biotronik.
Detailed Segmentation:
Global Drug Eluting Balloon Market, By Product Type:
•
Coronary Drug Eluting Balloon
•
Peripheral Drug Eluting Balloon
•
Others
Global Drug Eluting Balloon Market, By End User:
•
Hospitals
•
CATH Laboratories
•
Ambulatory Surgical Centers
•
Others
Global Drug Eluting Balloon Market, By Geography:
•
North America
•
Europe
•
Asia Pacific
•
Latin America
•
Middle East
•
Africa
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The global drug eluting balloon market size was valued at US$ 420 million in 2017, and is expected to exhibit a CAGR of 8.1% over the forecast period (2018 – 2026).