Market Overview:
The Global Serration Balloon Catheter 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 serration balloon catheters, and rising demand for minimally invasive surgeries. Based on type, the global serration balloon catheter market is segmented into OTW serration balloon catheters and rapid exchange (RE) serration balloon catheters. The OTW segment is expected to account for a larger share of the global market in 2018 owing to its ease of use and lower cost as compared to RE serration balloon catheters. However, the RE segment is projected to grow at a higher CAGR during the forecast period due to its advantages such as faster deployment time and reduced trauma caused during insertion. Based on application, hospitals accounted for the largest share of the global market in 2017.
Product Definition:
A serration balloon catheter is a type of medical device used to help clear blockages in blood vessels. The device consists of a long, thin tube with a small balloon on the end. When inflated, the balloon creates small indentations or serrations in the lining of the vessel wall. This helps break up any blockages and allows them to be more easily cleared away.
OTW Serration Balloon Catheter:
OTW serration balloon catheter is a long, thin, flexible plastic tube that is inserted into the blood vessels of the brain. It allows doctors and medical staff to inject drugs or fluids directly into the bloodstream without having to go through the digestive system. The most common use of this device is in treating stroke patients by allowing doctors to deliver clot-busting drugs directly to the brain tissue.
Rapid Exchange Serration Balloon Catheter:
Rapid Exchange Serration Balloon (RESSB) catheter is used for the treatment of coronary artery disease. It works by opening and closing a valve in the heart, which allows blood to flow more quickly through the coronary arteries. The RESSB balloon is inserted into a patient’s artery using an imaging procedure known as angioplasty or balloon angioplasty.
Application Insights:
Based on application, the global serration balloon catheter market is segmented into hospitals, clinics and ambulatory surgical centers. Hospitals held the largest share in 2017 owing to factors such as a high prevalence of chronic diseases such as heart diseases, blood clots and cancer which require frequent monitoring & treatment. Moreover, increasing number of surgeries coupled with rising awareness about early diagnosis is driving the demand for SBCs in hospitals across the globe.
The clinics segment is expected to witness lucrative growth over forecast period due to an increase in healthcare spending by consumers along with government initiatives encouraging adoption of preventive healthcare measures including regular checkups and wellness visits. Furthermore, growing geriatric population along with other medical conditions requiring close monitoring will drive demand for SBCs at clinics & ambulatory surgical centers globally over forecast period.
Regional Analysis:
North America dominated the global serration balloon catheter market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and favorable reimbursement policies are some factors responsible for its large share. In addition, increasing prevalence of cardiovascular diseases and growing geriatric population are expected to drive the demand for minimally invasive surgeries such as coronary bypass and valve replacement procedures which will further propel growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising medical tourism in emerging countries such as India, China, Malaysia & Thailand ( Mayhem), Singapore & Indonesia (SMS) due to affordability compared with treatments offered by western countries coupled with availability of world class healthcare services at affordable costs along with rapid improvement in standard treatment facilities within these developing economies is projected favorably impact on regional growth over next few years.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive surgeries
- Technological advancements in serration balloon catheter technology
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Serration Balloon Catheter Market Research Report
By Type
OTW Serration Balloon Catheter, Rapid Exchange Serration Balloon Catheter
By Application
Hospitals, Clinics, Ambulatory Surgical Centers
By Companies
Intact Vascular, Terumo, Cardinal Health, C. R. Bard, Cook Medical, Boston Scientific, Covidien, Abbott
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Serration Balloon Catheter Market Report Segments:
The global Serration Balloon Catheter market is segmented on the basis of:
Types
OTW Serration Balloon Catheter, Rapid Exchange Serration Balloon Catheter
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
Hospitals, Clinics, Ambulatory Surgical Centers
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:
- Intact Vascular
- Terumo
- Cardinal Health
- C. R. Bard
- Cook Medical
- Boston Scientific
- Covidien
- Abbott
Highlights of The Serration Balloon Catheter 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:
- OTW Serration Balloon Catheter
- Rapid Exchange Serration Balloon Catheter
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- 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 Serration Balloon Catheter 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?
A Serration Balloon Catheter is a type of catheter that has serrated edges on one or both ends. This helps it to cut through tissue more easily, which can help reduce the amount of pain and discomfort patients feel during surgery.
Some of the key players operating in the serration balloon catheter market are Intact Vascular, Terumo, Cardinal Health, C. R. Bard, Cook Medical, Boston Scientific, Covidien, Abbott.
The serration balloon catheter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Serration Balloon Catheter 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 Serration Balloon Catheter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Serration Balloon Catheter 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 Serration Balloon Catheter 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 Serration Balloon Catheter Market Size & Forecast, 2020-2028
4.5.1 Serration Balloon Catheter Market Size and Y-o-Y Growth
4.5.2 Serration Balloon Catheter Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 OTW Serration Balloon Catheter
5.2.2 Rapid Exchange Serration Balloon Catheter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Serration Balloon Catheter 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 Serration Balloon Catheter 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 OTW Serration Balloon Catheter
9.6.2 Rapid Exchange Serration Balloon Catheter
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 OTW Serration Balloon Catheter
10.6.2 Rapid Exchange Serration Balloon Catheter
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 OTW Serration Balloon Catheter
11.6.2 Rapid Exchange Serration Balloon Catheter
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 OTW Serration Balloon Catheter
12.6.2 Rapid Exchange Serration Balloon Catheter
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 OTW Serration Balloon Catheter
13.6.2 Rapid Exchange Serration Balloon Catheter
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
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 Serration Balloon Catheter Market: Competitive Dashboard
14.2 Global Serration Balloon Catheter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intact Vascular
14.3.2 Terumo
14.3.3 Cardinal Health
14.3.4 C. R. Bard
14.3.5 Cook Medical
14.3.6 Boston Scientific
14.3.7 Covidien
14.3.8 Abbott
