Angioplasty Balloons Market forecast to witness phenomenal growth opportunities by 2024

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Angioplasty Balloons Market Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2017 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Angioplasty Balloons Market

• U.S. angioplasty balloons market is forecast to
  undergo robust growth over the forecast timeframe
  due to increasing prevalence of cardiovascular
  diseases.
• Presence of major industry players in the region
  along with the availability of advanced
  technology will further aid industry expansion.
• For instance, U.S. FDA approved Lutonix 035 (C.R.
  Bard) in October 2014 and In.Pact Admiral
  (Medtronic) in January 2015 for peripheral artery
  disease treatment.
• Germany angioplasty balloons market should
  undergo rapid growth due to increasing incidence
  of heart diseases.
• The country has an advanced healthcare
  infrastructure providing improved access for
  cardiovascular disease. Presence of large number
  of PCI centers and increasing spending on
  cardiovascular diseases should augment future
  industry expansion.

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Application Analysis of Angioplasty Balloons
Market

• Growing prevalence of cardiovascular diseases
  such as coronary and peripheral artery disease
  will drive angioplasty balloons market growth.
• Growing obesity levels due to lifestyle changes
  such as adoption of sedentary lifestyle with lack
  of physical activity and consumption of fat and
  sodium rich junk foods will further fuel growth.
• Drug eluting angioplasty balloons are forecast to
  exhibit robust growth over the forecast timeframe
  owing to their advantages such as more homogenous
  drug distribution.
• Coronary angioplasty balloon segment is slated to
  witness lucrative growth owing to the increasing
  prevalence of coronary heart disease.
• They decrease the risk of neoproliferative
  response by dilating the target vessels with less
  force.

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Competitive Market Share of Angioplasty Balloons
Market

• Prominent industry participants include
  Medtronic, Abbott, Boston Scientific, C.R. Bard,
  and BIOTRONIK. The industry players adopt
  strategies such as acquisitions, geographical
  expansion and new product launch in order to
  enhance their market position.
• For instance, in February 2015, Medtronic
  launched In.Pact Admiral drug coated balloon in
  U.S. for treatment of patients suffering from
  peripheral artery disease.

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