TechNavio recognizes the following companies as the key players in the Global PTCA Balloon Catheter Market: Abbott Laboratories, Boston Scientific Corp., Cordis Corp., and Medtronic Inc.
Commenting on the report, an analyst from TechNavio’s team said: “There is an increasing demand for minimally invasive surgery among the rapidly increasing aging population across the world, and this is expected to propel the growth of the Global PTCA Balloon Catheter market. Minimally invasive endovascular procedures are performed through minute incisions in the body. Such procedures can be used to treat plaque blockages in the arteries of the heart and other vessel walls of peripheral organs such as kidneys and brain. The principal advantage of these procedures over conventional surgical methods is the short recovery time, short length of the scars resulting in less physical trauma, low risk of infection, minimized bleeding, low cost, and shorter hospital stays.”
According to the report, one of the key drivers in this market is the increase in the number of patients suffering from CVD. Unhealthy diet and lack of physical activity are the major factors leading to an increase in the number of people suffering from CVD.
Further, the report states that one of the major challenges in the market is the availability of alternative therapies such as bypass surgery, cell transplantation, and drugs. These therapies are known to have better survival rates than angioplasty.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-ptca-balloon-catheter-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global PTCA Balloon Catheter Market 2012-2016
