Market Overview:
The global medical rubber & balloon products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in medical devices. Based on type, the global medical rubber & balloon products market is segmented into catheters, balloons, condoms, and others. Catheters are further sub-segmented into urinary catheters and other catheters. Balloons are further sub-segmented into angioplasty balloons and other balloons. Condoms are further sub-segmented into male condoms and female condoms. Others include syringes, tubing sets etc., which have low adoption rates as compared to other product segments in this market due to their limited applications in diagnostics or therapeutics procedures or lack of awareness among end users about their benefits over traditional products such as latex gloves or masks etc. Based on application, the global medical rubber & balloon products market is segmented into diagnostics, therapeutics,, prevention,, anaesthesia,, ophthalmology,, urology,, gynaecology,. Among these applications segments,. Diagnostics held the largest share in 2017 owing to increase use of diagnostic tests for early detection of various diseases. Therapeutics held second largest share owing high adoption rate for therapeutic procedures over surgical procedures.
Product Definition:
Medical Rubber & Balloon Products are products used in the medical industry for various purposes. Some common uses include creating balloons that can be inserted into the body to help with certain procedures, or using rubber tubing and other materials to create medical devices. These products are often essential in helping doctors and other medical professionals complete certain tasks, and can be lifesaving in some cases.
Catheters:
A catheter is a hollow tube for injecting or extracting fluids. The medical term for catheter is urinary drainage device/injection (UDI) or indwelling catheter. A UDI consists of a hollow, flexible tube that is inserted into the bladder through the urethra and out of the body via the urinary bladder.
Balloons:
Rubber and balloon products are used in medical procedures to prevent blood loss during surgeries. The traditional method of using rubber bands or elastic for this purpose was found to be inefficient, as it caused pain, restricted breathing and was difficult to use in places like the hand & wrist. Hence medical balloons were introduced which can be inflated with air or liquid to achieve the required size & shape and then used as a bandage around a wound.
Application Insights:
The prevention segment dominated the global medical rubber & balloon products market in 2017. This can be attributed to the growing incidence of chronic diseases, such as cardiovascular diseases, cancer and diabetes. Moreover, an increase in population susceptible to these disorders is expected to contribute toward market growth during the forecast period.
Diagnostics held a significant share owing to increasing investments for R&D for developing new diagnostic technologies and expanding the application of existing technologies across various diagnostics applications. For instance, according to a study published in 2018 by NCBI-Wellcome Trust Sanger Institute it was observed that majority of genetic disease testing is currently performed on blood samples taken from patients via finger prick or venipuncture techniques which are then analyzed using liquid biopsy technology or DNA sequencing machines at laboratories worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and high adoption of advanced products for various applications in this region. Europe accounted for a significant share owing to growing geriatric population base, which requires long-term contraception measures such as condoms and diaphragms with greater frequency.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising medical tourism, improving healthcare infrastructure,.
Moreover, economic development coupled with government initiatives aimed at reducing maternal mortality rate (MMR) are expected drive product demand in Asia Pacific regional market over the coming years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical rubber and balloon products market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these products are used in various medical procedures such as angioplasty, endoscopy, and laparoscopy.
- Technological advancements: The market is also expected to benefit from the ongoing technological advancements in the field of medical devices. This is because new technologies are being developed that require the use of rubber and balloon products for their functioning. For instance, there has been a recent increase in the use of balloons for percutaneous transluminal coronary angioplasty (PTCA).
- Rising prevalence of cardiovascular diseases: The global medical rubber and balloon products market is also expected to be driven by the rising prevalence of cardiovascular diseases across the world. This is because these diseases often require treatment using balloons or other types of rubber-based devices such as stents or prosthetic heart valves.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Rubber & Balloon Products Market Research Report
By Type
Catheters, Balloons, Condoms, Others
By Application
Diagnostics, Therapeutics, Prevention, Others
By Companies
Abbott Laboratories, Adventa Berhad, AngioDynamics, Ansell Healthcare, Arrow International, Astra Tech, B. Braun Melsungen, Cardinal Health, Hartalega, Church & Dwight, Abbott Laboratories
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Medical Rubber & Balloon Products Market Report Segments:
The global Medical Rubber & Balloon Products market is segmented on the basis of:
Types
Catheters, Balloons, Condoms, Others
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
Diagnostics, Therapeutics, Prevention, Others
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
- Adventa Berhad
- AngioDynamics
- Ansell Healthcare
- Arrow International
- Astra Tech
- B. Braun Melsungen
- Cardinal Health
- Hartalega
- Church & Dwight
- Abbott Laboratories
Highlights of The Medical Rubber & Balloon Products 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:
- Catheters
- Balloons
- Condoms
- Others
- By Application:
- Diagnostics
- Therapeutics
- Prevention
- Others
- 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 Medical Rubber & Balloon Products 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.
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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?
Medical rubber & balloon products are used in a variety of medical procedures. These products are often used to help doctors and nurses during surgeries or other medical procedures.
Some of the major companies in the medical rubber & balloon products market are Abbott Laboratories, Adventa Berhad, AngioDynamics, Ansell Healthcare, Arrow International, Astra Tech, B. Braun Melsungen, Cardinal Health, Hartalega, Church & Dwight, Abbott Laboratories.
The medical rubber & balloon products market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Rubber & Balloon Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Rubber & Balloon Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Rubber & Balloon Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Rubber & Balloon Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Rubber & Balloon Products Market Size & Forecast, 2018-2028
4.5.1 Medical Rubber & Balloon Products Market Size and Y-o-Y Growth
4.5.2 Medical Rubber & Balloon Products Market Absolute $ Opportunity
Chapter 5 Global Medical Rubber & Balloon Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Rubber & Balloon Products Market Size Forecast by Type
5.2.1 Catheters
5.2.2 Balloons
5.2.3 Condoms
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Rubber & Balloon Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Rubber & Balloon Products Market Size Forecast by Applications
6.2.1 Diagnostics
6.2.2 Therapeutics
6.2.3 Prevention
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Rubber & Balloon Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Rubber & Balloon Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Rubber & Balloon Products Analysis and Forecast
9.1 Introduction
9.2 North America Medical Rubber & Balloon Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Rubber & Balloon Products Market Size Forecast by Type
9.6.1 Catheters
9.6.2 Balloons
9.6.3 Condoms
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Rubber & Balloon Products Market Size Forecast by Applications
9.10.1 Diagnostics
9.10.2 Therapeutics
9.10.3 Prevention
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Rubber & Balloon Products Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Rubber & Balloon Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Rubber & Balloon Products Market Size Forecast by Type
10.6.1 Catheters
10.6.2 Balloons
10.6.3 Condoms
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Rubber & Balloon Products Market Size Forecast by Applications
10.10.1 Diagnostics
10.10.2 Therapeutics
10.10.3 Prevention
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Rubber & Balloon Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Rubber & Balloon Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Rubber & Balloon Products Market Size Forecast by Type
11.6.1 Catheters
11.6.2 Balloons
11.6.3 Condoms
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Rubber & Balloon Products Market Size Forecast by Applications
11.10.1 Diagnostics
11.10.2 Therapeutics
11.10.3 Prevention
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Rubber & Balloon Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Rubber & Balloon Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Rubber & Balloon Products Market Size Forecast by Type
12.6.1 Catheters
12.6.2 Balloons
12.6.3 Condoms
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Rubber & Balloon Products Market Size Forecast by Applications
12.10.1 Diagnostics
12.10.2 Therapeutics
12.10.3 Prevention
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Rubber & Balloon Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Rubber & Balloon Products Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Rubber & Balloon Products Market Size Forecast by Type
13.6.1 Catheters
13.6.2 Balloons
13.6.3 Condoms
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Rubber & Balloon Products Market Size Forecast by Applications
13.10.1 Diagnostics
13.10.2 Therapeutics
13.10.3 Prevention
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Rubber & Balloon Products Market: Competitive Dashboard
14.2 Global Medical Rubber & Balloon Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott Laboratories
14.3.2 Adventa Berhad
14.3.3 AngioDynamics
14.3.4 Ansell Healthcare
14.3.5 Arrow International
14.3.6 Astra Tech
14.3.7 B. Braun Melsungen
14.3.8 Cardinal Health
14.3.9 Hartalega
14.3.10 Church & Dwight
14.3.11 Abbott Laboratories
