Balloon Catheter Market to Grow at a CAGR of 3.8% Through 2026
Verfasser: pradnya_86 on Friday, 21 July 2017Balloon catheter is an innovative medical device that comprises guidewire and catheter, which is inserted into the femoral artery in the leg or sometimes into the radial artery in the arm to treat constricted blood vessels. These products are generally used to prevent blood vessel constriction caused due to atherosclerosis – deposition of lipid substances in the blood vessel. In terms of revenue, the global balloon catheter market is projected to expand at a CAGR of 3.8% during the forecast period and is expected to be valued at US$ 4,191.7 million by the end of 2026. The global balloon catheter market is expected to represent US$ 1,304.3 Mn in terms of incremental opportunity between 2016 and 2026.