drug coated balloons market trend analysis, drug coated balloons market outlook, drug coated balloons market drivers, drug coated balloons market demand, drug coated balloons market size, drug coated balloons industry insights.
What Is the Projected Growth of the Drug-Coated Balloons Market?
The drug-coated balloons market is advancing speedily with the market size escalating from $1.08 billion in 2024 to $1.24 billion in 2025, marking a compound annual growth rate (CAGR) of 15.4%. This growth can be accredited to the escalating cardiovascular disease burden, the rising demand for minimally invasive procedures, advances in interventional cardiology and reducing restenosis rates.
The drug-coated balloons market size is anticipated to witness exponential growth, reaching a staggering $2.22 billion by 2029 at a CAGR of 15.6%. Factors contributing to this projected growth include an aging population, increased application and innovation, the shift towards outpatient and ambulatory care, integration with drug delivery innovations, and global health initiatives.
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What Are the Key Drivers of the Drug-Coated Balloons Market?
The rising prevalence of coronary artery disease (CAD) is acting as a major driver for the drug-coated balloons market. CAD is a condition characterized by the narrowing or blockage of the coronary arteries, leading to heart attacks. Drug-coated balloons are essential for treating CAD, as they release drugs into the artery during the procedure, reducing the chance of restenosis, which is the re-narrowing of the artery after angioplasty. Increasing rates of diabetes, dyslipidemia, hypertension, and obesity are all factors that are predicted to drive the growth of the drug-coated balloon market.
What Are the Major Segments in the Drug-Coated Balloons Market?
The drug-coated balloons market includes the following segments:
1) By Product: Drug-Coated Balloons For Peripheral Artery Disease, Drug-Coated Balloons For Coronary Artery Disease, Drug-Coated Balloons For Other Indications.
2) By Drug Type: Paclitaxel, Sirolimus.
3) By End User: Hospitals, Cardiac Catheterization Labs, Ambulatory Surgical Centers.
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Who Are the Key Players in the Drug-Coated Balloons Market?
Major players in the drug-coated balloons market include Acotec Scientific AG, B. Braun Melsungen AG, Biosensors International Group Ltd, Medtronic Inc., Boston Scientific Corporation, Opto Circuits, Concept Medical, Cardionovum GmbH, Endocor GmbH, Hexacath Sverige, iVascular SLU, Minvasys SAS, MedAlliance, QT Vascular Ltd, Terumo Corporation, Biotronik, Cook Medical, Cordis Corporation, Abbott Laboratories, Surmodics Inc., Hexacath SAS, MicroPort, SurModics Inc., Orchestra BioMed.
Identify Key Market Trends in the Drug-Coated Balloons Market.
Product innovations are gaining momentum in the drug-coated balloon market. Companies are focusing on developing innovative and technologically advanced solutions, such as the launch of a first-in-human trial for a peripheral sirolimus drug-coated balloon (DCB) by Becton, Dickinson, and Company, a US-based medical technology company.
Which Are the Fastest Growing Regions in the Drug-Coated Balloons Market?
In 2024, North America was the largest global player in the drug-coated balloons market, with Asia-Pacific, Western Europe, Eastern Europe, South America, and the Middle East and Africa being key regions. The market predicts North America to be the fastest-growing region in the forecast period.
What Does The Drug-Coated Balloons Market Report 2025 Offer?
A drug-coated balloon (DCB) is a medical device used to treat narrowed or blocked blood vessels primarily in interventional cardiology and interventional radiology. It delivers medication directly to the vascular disease site while performing angioplasty. The Drug-Coated Balloons Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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