Balloon Catheter Market - Forecast 2020 - 2025
Overview Balloon Catheter Market size is forecast to reach $4.52 billion by 2025, growing at a CAGR of 9.57% during the forecast period 2020-2025. Percutaneous Coronary Intervention is a non-surgical procedure that uses a catheter to place a small structure called a stent to open up blood vessels in the heart that have been narrowed by plaque buildup, a condition known as atherosclerosis. Rise in prevalence of various chronic heart diseases and growing geriatric population are the major factors driving the growth of the market. Demand for minimally invasive procedures in emerging countries and development of advanced cardiovascular devices will further enhance the overall market demand of balloon catheters during the forecast period. Key Takeaways · North America dominates the Balloon Catheter Market owing to well established healthcare facilities, increasing prevalence of cardiovascular diseases and favorable reimbursement policies. · Increasing geriatric pop...