Market Overview:
The global molding and occlusion balloon market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in molding and occlusion balloons, and rising demand for minimally invasive surgeries. Based on type, the global molding and occlusion balloon market is segmented into normal balloon catheters, cutting balloon catheters, scoring balloon catheters, drug eluting balloon catheters, stent graft balloon catheters. The normal Balloon Catheter segment is expected to dominate the market during the forecast period owing to its widespread use in various applications such as percutaneous transluminal coronary angioplasty (PTCA), percutaneous transluminal renal angioplasty (PTRA), iliac interventions etc. Based on application, the global molding and occlusion balloons market is segmented into ambulatory surgical centers (ASCs), hospitals laboratories other segments).
Product Definition:
Molding and occlusion balloon are two types of balloons which are used to help in the treatment of malocclusion. Molding balloon is used to help correct the alignment of teeth while occlusion balloon is used to help improve the bite relationship between upper and lower teeth.
Normal Balloon Catheters:
Normal balloon catheters are used for the infusion of contrast media, antibiotics and/or fluids in various interventional radiology procedures. The normal balloon is a cylindrical rubber or plastic tube that is filled with a sterile solution and has an attached lumen through which the fluid can flow. It is most commonly used to introduce diagnostic devices, such as angiography catheters, into blood vessels for imaging purposes.
Cutting Balloon Catheters:
A cutting balloon catheter is a device used to create large, round holes in the balloons that are used for occlusion or molding. The most common use of these devices is during the inflation process of an airbag. These devices are also useful in creating small, precise cuts in other types of balloons such as latex and silicone rubber ones.
These devices have several uses but they can be categorized into two major categories - medical use.
Application Insights:
Based on application, the global molding and occlusion balloon market is segmented into ambulatory surgical centers, hospitals, laboratories and others. The other segment held the largest share in 2017 due to a high prevalence of cardiovascular diseases that require treatment with stent grafts or implants. According to a study published by NCBI in 2018, it was estimated that around 603 million people across the globe have suffered from some form of cardiovascular disease. Thus, increasing number of patients suffering from various cardiac diseases is expected to boost demand for these products over the forecast period.
The hospital segment is anticipated to witness significant growth over the forecast period owing to rising geriatric population base and cases of cancer being treated with chemotherapy or radiation therapy which requires implantable devices such as drug-eluting stents for better results.
Regional Analysis:
North America dominated the global molding and occlusion balloon market in 2017. This can be attributed to increasing R&D investments by key players, rising prevalence of cardiovascular diseases, and high adoption rate of advanced technologies across this region. In addition, presence of well-established healthcare facilities and favorable reimbursement policies are some other factors contributing toward the growth of this market in North America.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing geriatric population base with cardiac disorders coupled with growing medical tourism industry in emerging economies such as India & China & Japan etc., which will boost demand for minimally invasive surgeries including cardiothoracic surgery procedures thereby driving the global molding and occlusion balloon market during the forecast period from 2018 to 2030 (See Figure 1). Moreover, rapidly improving economic conditions along with government initiatives promoting quality healthcare services are also expected favorably impact regional growth during future years (2017 To 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter recovery times and lesser surgical trauma. The molding and occlusion balloon market is expected to benefit from this trend as more surgeons adopt these devices for performing MIS procedures.
- Growing demand for endovascular aneurysm repair (EVAR): Endovascular aneurysm repair (EVAR) is a less-invasive alternative to open surgery for repairing abdominal aortic aneurysms (AAA). It involves the use of stents or grafts that are inserted into the femoral artery through a small incision in the groin and then threaded up into the aneurysm, where they are expanded using balloons or other means to seal off the opening in the artery wall. The molding and occlusion balloon market is expected to benefit from this growing trend towards EVAR procedures.
- Increasing prevalence of vascular diseases: The incidence of vascular diseases such as AAA, stroke, peripheral arterial disease (PAD), and deep vein thrombosis (DVT) is on the rise due to factors such as aging population, rising obesity rates, etc., This has led healthcare providers worldwide focus on preventive measures such as early diagnosis
Scope Of The Report
Report Attributes
Report Details
Report Title
Molding and Occlusion Balloon Market Research Report
By Type
Normal Balloon Catheters, Cutting Balloon Catheters, Scoring Balloon Catheters, Drug Eluting Balloon Catheters, Stent Graft Balloon Catheters
By Application
Ambulatory Surgical Centers, Hospitals, Laboratories, Other
By Companies
Abbott Laboratories?Inc., B.Braun Melsungen AG, Biosensors International Ltd., Biotronik?Inc., Boston Scientific Corporation, Cardionovum GmbH, Cook Medical Inc., Cordis Corporation, JOTEC GmbH, Medtronic Plc, MicroPort Scientific Corporation, Terumo Corporation, WL Gore?Associates
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Molding and Occlusion Balloon Market Report Segments:
The global Molding and Occlusion Balloon market is segmented on the basis of:
Types
Normal Balloon Catheters, Cutting Balloon Catheters, Scoring Balloon Catheters, Drug Eluting Balloon Catheters, Stent Graft Balloon Catheters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ambulatory Surgical Centers, Hospitals, Laboratories, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott Laboratories?Inc.
- B.Braun Melsungen AG
- Biosensors International Ltd.
- Biotronik?Inc.
- Boston Scientific Corporation
- Cardionovum GmbH
- Cook Medical Inc.
- Cordis Corporation
- JOTEC GmbH
- Medtronic Plc
- MicroPort Scientific Corporation
- Terumo Corporation
- WL Gore?Associates
Highlights of The Molding and Occlusion Balloon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Normal Balloon Catheters
- Cutting Balloon Catheters
- Scoring Balloon Catheters
- Drug Eluting Balloon Catheters
- Stent Graft Balloon Catheters
- By Application:
- Ambulatory Surgical Centers
- Hospitals
- Laboratories
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Molding and Occlusion Balloon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Molding and occlusion balloon is a medical device that helps to improve the visibility of an area by filling in any gaps or obstructions. This can be helpful for patients who have difficulty seeing due to conditions such as cataracts, macular degeneration, or glaucoma.
Some of the major companies in the molding and occlusion balloon market are Abbott Laboratories?Inc., B.Braun Melsungen AG, Biosensors International Ltd., Biotronik?Inc., Boston Scientific Corporation, Cardionovum GmbH, Cook Medical Inc., Cordis Corporation, JOTEC GmbH, Medtronic Plc, MicroPort Scientific Corporation, Terumo Corporation, WL Gore?Associates.
The molding and occlusion balloon market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Molding and Occlusion Balloon Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Molding and Occlusion Balloon Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Molding and Occlusion Balloon Market - Supply Chain
4.5. Global Molding and Occlusion Balloon Market Forecast
4.5.1. Molding and Occlusion Balloon Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Molding and Occlusion Balloon Market Size (000 Units) and Y-o-Y Growth
4.5.3. Molding and Occlusion Balloon Market Absolute $ Opportunity
5. Global Molding and Occlusion Balloon Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Molding and Occlusion Balloon Market Size and Volume Forecast by Type
5.3.1. Normal Balloon Catheters
5.3.2. Cutting Balloon Catheters
5.3.3. Scoring Balloon Catheters
5.3.4. Drug Eluting Balloon Catheters
5.3.5. Stent Graft Balloon Catheters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Molding and Occlusion Balloon Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Molding and Occlusion Balloon Market Size and Volume Forecast by Application
6.3.1. Ambulatory Surgical Centers
6.3.2. Hospitals
6.3.3. Laboratories
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Molding and Occlusion Balloon Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Molding and Occlusion Balloon Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Molding and Occlusion Balloon Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Molding and Occlusion Balloon Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Molding and Occlusion Balloon Demand Share Forecast, 2019-2029
9. North America Molding and Occlusion Balloon Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Molding and Occlusion Balloon Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Molding and Occlusion Balloon Market Size and Volume Forecast by Application
9.4.1. Ambulatory Surgical Centers
9.4.2. Hospitals
9.4.3. Laboratories
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Molding and Occlusion Balloon Market Size and Volume Forecast by Type
9.7.1. Normal Balloon Catheters
9.7.2. Cutting Balloon Catheters
9.7.3. Scoring Balloon Catheters
9.7.4. Drug Eluting Balloon Catheters
9.7.5. Stent Graft Balloon Catheters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Molding and Occlusion Balloon Demand Share Forecast, 2019-2029
10. Latin America Molding and Occlusion Balloon Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Molding and Occlusion Balloon Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Molding and Occlusion Balloon Market Size and Volume Forecast by Application
10.4.1. Ambulatory Surgical Centers
10.4.2. Hospitals
10.4.3. Laboratories
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Molding and Occlusion Balloon Market Size and Volume Forecast by Type
10.7.1. Normal Balloon Catheters
10.7.2. Cutting Balloon Catheters
10.7.3. Scoring Balloon Catheters
10.7.4. Drug Eluting Balloon Catheters
10.7.5. Stent Graft Balloon Catheters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Molding and Occlusion Balloon Demand Share Forecast, 2019-2029
11. Europe Molding and Occlusion Balloon Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Molding and Occlusion Balloon Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Molding and Occlusion Balloon Market Size and Volume Forecast by Application
11.4.1. Ambulatory Surgical Centers
11.4.2. Hospitals
11.4.3. Laboratories
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Molding and Occlusion Balloon Market Size and Volume Forecast by Type
11.7.1. Normal Balloon Catheters
11.7.2. Cutting Balloon Catheters
11.7.3. Scoring Balloon Catheters
11.7.4. Drug Eluting Balloon Catheters
11.7.5. Stent Graft Balloon Catheters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Molding and Occlusion Balloon Demand Share, 2019-2029
12. Asia Pacific Molding and Occlusion Balloon Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Molding and Occlusion Balloon Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Molding and Occlusion Balloon Market Size and Volume Forecast by Application
12.4.1. Ambulatory Surgical Centers
12.4.2. Hospitals
12.4.3. Laboratories
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Molding and Occlusion Balloon Market Size and Volume Forecast by Type
12.7.1. Normal Balloon Catheters
12.7.2. Cutting Balloon Catheters
12.7.3. Scoring Balloon Catheters
12.7.4. Drug Eluting Balloon Catheters
12.7.5. Stent Graft Balloon Catheters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Molding and Occlusion Balloon Demand Share, 2019-2029
13. Middle East & Africa Molding and Occlusion Balloon Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Molding and Occlusion Balloon Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Molding and Occlusion Balloon Market Size and Volume Forecast by Application
13.4.1. Ambulatory Surgical Centers
13.4.2. Hospitals
13.4.3. Laboratories
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Molding and Occlusion Balloon Market Size and Volume Forecast by Type
13.7.1. Normal Balloon Catheters
13.7.2. Cutting Balloon Catheters
13.7.3. Scoring Balloon Catheters
13.7.4. Drug Eluting Balloon Catheters
13.7.5. Stent Graft Balloon Catheters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Molding and Occlusion Balloon Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Molding and Occlusion Balloon Market: Market Share Analysis
14.2. Molding and Occlusion Balloon Distributors and Customers
14.3. Molding and Occlusion Balloon Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott Laboratories?Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. B.Braun Melsungen AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Biosensors International Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Biotronik?Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Boston Scientific Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cardionovum GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cook Medical Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cordis Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JOTEC GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Medtronic Plc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MicroPort Scientific Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Terumo Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. WL Gore?Associates
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook