Lewes, DE -- (SBWIRE) -- 09/29/2016 -- Report forecast the global angioplasty balloons market to grow at a CAGR of 3.47% during the period 2016-2020.

The global angioplasty balloon market presents significant opportunities for vendors to grow in untapped countries, particularly those in APAC. The market is highly dynamic and characterized by intense competition, with the presence of many global and local players that develop safe, easy-to-use, cost-effective, and widely available products in the market. These companies adopt creative strategies and develop innovative devices to ensure product differentiation. In 2015, Medtronic, Abbott Laboratories, Boston Scientific, and C. R. Bard were the leading vendors in the market.

The report covers the present scenario and the growth prospects of the global angioplasty balloons market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the products used during angioplasty and stenting.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, presence of specialized cardiologists will be a key driver for market growth. Cardiologists specializing in the treatment of diseases and conditions of the heart and blood vessels are required for cardiovascular procedures. Many hospitals and cardiac centers worldwide, particularly in emerging countries, have highly skilled cardiologists who perform successful procedures. They are opting for interventional techniques to treat various CVDs due to their less invasive nature. Hospitals use established cardiology procedures such as PTCA, diagnostic angiography, and coronary stenting to treat individuals with CADs. Many vendors are expanding into developing countries due to the presence of experienced surgeons who can efficiently use angioplasty balloons for treating CADs. Vendors are also conducting medical education programs and practice sessions to train surgeons in surgical techniques and device implantation.

Further, the report states that product recalls will be a challenge for the market. Cardiac diseases are the leading cause of death worldwide. Various companies are developing medical devices that help treat these diseases. While developing, companies should emphasize on patient safety to avoid adverse effects. However, many clinical studies have failed to ascertain the complete safety and efficacy of various angioplasty balloons. These high-risk medical devices can cause adverse events, which may lead to their recall from the market.

Global Angioplasty Balloons Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global angioplasty balloons market: Abbott Laboratories, Boston Scientific, C. R. Bard, and Medtronic.

Other Prominent Vendors in the market are: Aachen Resonance, Acrostak, Alvimedica Medical devices, AMG International, Angioslide, Arthesys, Asahi Intecc, Atrium Medical, AV Medical, Biotronik, BrosMed, C. R. Bard, Cardionovum, Cook Medical, Gadelius Medical, Kaneka Medix, Lepu Medical, Medinol, Meril Life Sciences, MicroPort Scientific, Natec Medical, QT Vascular, SHOCKWAVE Medical, Smiths Medical, Spectranetics, STENTYS, Svelte medical, Teleflex, Tokai Medical, and US Endovascular.

Market driver
- Incidence of cardiac diseases and adoption of PCI
- For a full, detailed list, view our report

Market challenge
- High cost of angioplasty balloons and stents
- For a full, detailed list, view our report

Market trend
- Transforming marketing and sales strategies for angioplasty balloons
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 87 pages and 53 Exhibit "Global Angioplasty Balloons Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Major vendors, Appendix.

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