Percutaneous Transluminal Angioplasty (PTA) Balloons Market Regional Growth Analysis 2021-2027

Precision Business Insights published a research report on “Global Percutaneous Transluminal Angioplasty (PTA) Balloons Market: By Product Type (Drug Eluting Balloons, Normal Balloons, Scoring Balloons, Cutting Balloons), By Application (Peripheral Artery Disease, Coronary Artery Disease), By End Users (Hospitals, Clinics, Ambulatory Surgical Centers), and Geography - Global/Region/Country Forecast to 2027”. Global Percutaneous Transluminal Angioplasty (PTA) Balloons Market is projected to witness significant growth during the forecast period 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Percutaneous Transluminal Angioplasty (PTA) Balloons Market: By Product Type (Drug Eluting Balloons, Normal Balloons, Scoring Balloons, Cutting Balloons), By Application (Peripheral Artery Disease, Coronary Artery Disease), By End Users (Hospitals, Clinics, Ambulatory Surgical Centers), and Geography - Global/Region/Country Forecast to 2027”.

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Growing Ageing Population will Fuel the Market Growth
Percutaneous transluminal angioplasty (PTA) involves performing a process for the treatment of peripheral artery disease by opening up arteries, which are narrowed by plaque. Percutaneous transluminal angioplasty balloons market is categorized based on application, end user, and region and product type. There are several factors which are projected to drive the percutanleous transluminal angioplasty balloons market growth during the forecast years such as advancement in imaging technologies, growing research and development activities to manufacture advanced technology balloons like drug-eluting balloons and current launchings of numerous percutaneous transluminal angioplasty balloons. But, dearth of consciousness related to advance PTA in underdeveloped countries; strict regulations for the approval of the product as well as high price of PTA balloons can hinder the percutaneous transluminal angioplasty balloons market growth.

Percutaneous Transluminal Angioplasty Balloons Market – Geographical Analysis
On the basis of geographical analysis, the market is categorized into key regions such as Asia Pacific, North America, Middle East, Africa, Europe and Latin America. North America percutaneous transluminal angioplasty balloons market growth is impelled by sophisticated healthcare infrastructure as well as increasing cases of peripheral and coronary artery illnesses in the region. Europe market recorded considerable share because of the growing R&D activities by European industries and increasing healthcare expenditure in the region and growing implementation of advanced PTA balloons by healthcare experts in the region. Factors that are expected to drive the Asia pacific percutaneous transluminal angioplasty balloons market are growing medical tourism in the economies of Asia pacific, increasing cases of diabetes patients and growing ageing population. Latin America percutaneous transluminal angioplasty balloons market is witnessing profitable growth due to the business expansion by the key players in the region and economic growth. Middle East and Africa Market anticipated bringing better growth opportunities for key players due to the increasing occurrence of artery diseases in Middle East and growing consciousness in South Africa related to PTA balloons.

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Percutaneous Transluminal Angioplasty Balloons Market - Competitive Analysis
Major players operating in the global percutaneous transluminal angioplasty balloons marekt are R. Bard, Inc. (U.S.), Cook Medical, Inc. (U.S.), Abbott, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Boston Scientific Corporation (U.S.), Spectranetics Corporation (Philips Holding USA Inc.) (U.S.), Medtronic Plc (Ireland), SurModics Inc. (U.S.) and ENDOCOR GmbH (Germany). SurModics Inc. obtained CE and FDA market approval in September 2017 for its .014” low-profile PTA balloon dilation catheter utilized for peripheral angioplasty practices.

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