Drug-Eluting Balloon Catheters Market is set for lucrative Growth During 2021-2031 | B. Braun Melsungen AG, Medtronic, BD Interventional, Biotronik AG

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A drug-eluting balloon catheter is a type of balloon catheter that is coated with a medication. The medication is released into the area around the balloon when the balloon is inflated. Drug-eluting balloon catheters are used to treat a variety of conditions, including:

-Peripheral artery disease

-Coronary artery disease

-Venous insufficiency

-Restenosis

Key Trends

There are a few key trends in Drug-Eluting Balloon Catheters technology. One is the trend toward miniaturization. This is driven by the need for smaller, more nimble devices that can be used in a variety of settings and situations. Another trend is the move toward more sophisticated coatings. This is driven by the need for better efficacy and fewer side effects. Finally, there is a trend toward more personalized medicine. This is driven by the need to tailor treatments to the individual patient.

Key Drivers

The key drivers of Drug-Eluting Balloon Catheters market are the rising prevalence of cardiovascular diseases, the growing geriatric population, the increasing number of interventional procedures, the favorable reimbursement scenario, and the launch of new and advanced products. The rising prevalence of cardiovascular diseases is the major factor driving the growth of the Drug-Eluting Balloon Catheters market.

The growing geriatric population is another major factor driving the growth of the Drug-Eluting Balloon Catheters market. The increasing number of interventional procedures is another factor driving the growth of the Drug-Eluting Balloon Catheters market.

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Market Segmentation

The Drug-Eluting Balloon Catheters Market is segmented by indication, end-user and region. By indication, the market is divided into coronary artery disease drug eluting balloon catheters and peripheral vascular disease drug eluting balloon catheters. By end-user, the market is classified into hospitals, ambulatory surgical centers and cardiac catheterization laboratories. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.

Key Players

The key players in the Drug-Eluting Balloon Catheters Market are Aachen Resonance GmbH, B Braun Melsungen AG, BD Interventional, Biosensors International, Biotronik AG, Boston Scientific Corporation, Eurocor GmbH, iVascular S L U, Zhejiang Barty Medical Technology Co Ltd. and Lepu Medical Technology (Beijing)Co Ltd.

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