(PharmaNewsWire.Com, February 26, 2018 ) The Latin America Balloon Catheter Market is worth USD xx million in 2017 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2022. The Latin America Balloon Catheter market is developing at an exceptionally quick pace.
A balloon catheter refers to a soft catheter which has inflatable balloon which enlarges a narrow opening in the body and is used in catheterization. The deflated balloon catheter is first correctly positioned, then inflated to perform surgeries and deflate after the surgery is finished. Some of the applications where balloon catheter are used include angioplasty, tuboplasty and pyeloplasty.
The significant drivers are rising geriatric population, growing demand for minimal invasive surgery, increasing government initiatives and increasing incidence of cardiovascular diseases. Advancements in technology, increasing incidence of peripheral vascular disease and increasing R&D are also expected to drive the market over the forecast period. Reimbursement issues and choice of alternatives like bypass surgery are major restraints.
The Latin America Balloon Catheter market is segmented on the basis of Product type, raw material, disease indication, end user and region. Based on Product type the market is segmented into Cutting Balloon Catheter, Scoring Balloon Catheter, Normal Balloon Catheter, Drug Eluting Balloon Catheter and Stent Graft Balloon Catheter. The drug eluting balloon catheter category is expected to have the fastest growth during the forecast period. Based on raw material the market is segmented into Polyurethane and Nylon. Based on disease indication the market is segmented into Coronary Artery Disease and Peripheral Vascular Disease. Based on End User the market is segmented into Ambulatory Surgical Centers, Cardiac Catheterization Laboratories and Public Hospitals & Private Hospitals.
On the basis of geography, the Latin America Balloon Catheter industry can be segmented into Brazil,Mexico,Chile, Argentina and others. The rising focus of key players on enhancing their market presence across the globe is estimated to encourage the growth of the market in the Latin America regions.
B. Braun Melsungen AG, Abbott Vascular, Terumo Medical, Corp., Medtronic, Biosensors International, Ltd., Boston Scientific, Goodman, and Cordis.MicroPort Scientific, Corp., Simeks Medical, and AngioScore, Inc. are the key players in the Europe Balloon Catheter market.
Market Segmentation: 1) Product Introduction Normal Balloon Cathete Stent Graft Balloon Catheter Drug Eluting Balloon Catheter Scoring Balloon Catheter
2) Raw Material Introduction Polyurethane Nylon
3) End User Introduction Public Hospitals & Private Hospitals Cardiac Catheterisation Laboratories Ambulatory Surgical Centres Y-o-Y Growth Analysis, By End User Market Attractiveness Analysis, By End User Market Share Analysis, By End User
Scope of the Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms product type and Raw Material, and Disease Indication along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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