The global scoring balloon catheter market size reached a valuation of around US$ 180 Mn in 2020, which amounts to just around 0.5% share of the overall catheter market.
Sales of scoring balloon catheters are slated to accelerate at a CAGR of 7% to top US$ 350 Mn by 2031. Demand for scoring balloon catheters for coronary artery diseases, which holds the highest market share, is set to increase at a CAGR of 6% across the assessment period of 2021 to 2031.
Scoring Balloon Catheter Market Size in 2020 | US$ 180 Mn |
Sales Forecast for Scoring Balloon Catheters by 2031 | US$ 350 Mn |
Global Market Growth Rate (2021 to 2031) | CAGR 7% |
Market Share of Top 5 Scoring Balloon Catheter Suppliers | 50% |
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Key Segments in Scoring Balloon Catheter Industry Research
- Raw Material
- Polyurethane Scoring Balloon Catheters
- Nylon Scoring Balloon Catheters
- Others
- Indication
- Scoring Balloon Catheters for Coronary Artery Diseases
- Scoring Balloon Catheters for Peripheral Vascular Diseases
- Scoring Balloon Catheters for Renal Vascular Diseases
- Others
- Scoring Balloon Catheters for dialysis
- Scoring Balloon Catheters for Angioplasty
- End User
- Scoring Balloon Catheters for Hospitals
- Scoring Balloon Catheters for Ambulatory Surgical Centers
- Scoring Balloon Catheters for Cardiac Catheterization Laboratories
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Scoring Balloon Catheter.
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Technological Innovation in Medical Devices Revolutionizing the Healthcare System
The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.
The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.
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