Balloon Dilator Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Compliance Balloon, Non Compliance Balloon); Material Type (Rubber Balloon Dilator, Plastic Balloon Dilator); Application (Hospital, Medical Center.) and Geography
Report Code: TIPRE00022445
| No. of Pages: 150
| Category: Medical Device
| Status: Upcoming
Balloon dilation is a non-surgical technique in which the dilator is used to dilate strictures endoscopically. Balloon dilators show consistent performance during balloon endoscopy with efficiency, optimal control,and technology. They are designed for rapid deflation and facilitate placement within tight strictures and tortuous anatomy. It is an easy and safe procedure that is considered in large common bile duct stones and when conventional stone extraction fails or during anatomical aberrations challenging situations. They are utilized in the bile duct, and the pancreatic duct and balloons are single-use and wire-guided and have a single-diameter size. In addition, they are used to facilitate visualization.
The "Global Balloon Dilator Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the balloon dilator market with detailed market segmentation by product type, material type, application, and geography. The report provides key statistics on the market status of the leading balloon dilator market players and offers key trends and opportunities in the market.
Based on product type, the global balloon dilator market is segmented into compliance balloon, and non-compliance balloon.
Based on material type, the market is segmented into rubber balloon dilator, and plastic balloon dilator.
On the basis of application, the market is bifurcated into hospital, and medical center.
MARKET DYNAMICS Drivers
Rising incidences of renal stone patients, the prevalence of various chronic heart diseases, growing geriatric population, and the increased case of hydronephrosis drive the balloon dilator market growth.
Technological advancement in balloon dilators and rising minimally invasive surgeries demand boost the growth of the market.
The improved healthcare infrastructure of developing economies propels the market growth of the balloon dilator market.
Several complications associated with balloon dilation procedure.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The balloon dilator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the balloon dilator market in these regions.
IMPACT OF COVID-19 ON BALLOON DILATOR MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in confirmed cases and reported deaths. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Due to lockdown, different guidelines were implemented in order to reduce contact with health-care settings and as restrictions have impacted footfalls to hospitals and treatment centers and sustained focus on breaking the chain of infection and transmission of the virus to prevent the spread of COVID-19 disease and all non-essential surgical procedures have been cancelled or postponed. As a result, a decrease in patients' flow has been witnessed, with few patients reporting only for urgent operations due to fear of getting infected and limited doctor-patient contact, as these create a risk for both patients and healthcare personnel in a healthcare environment, only emergency procedures were permitted. Clinical practice has, therefore, been significantly affected. However, due to the increasing demand for balloon dilation procedures, the market will experience stable growth during the forecast period.
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The report covers key developments in the balloon dilator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from balloon dilator market are anticipated to have lucrative growth opportunities in the future with the rising demand for balloon dilator in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the balloon dilator market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
J&J Medical Devices
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Boston Scientific
3. Bard Medical
5. Cook Medical
6. Advin healthcare
10. J and J Medical Devices