Global Balloon Dilation and Stent Market By Product Type (Balloon Dilation Devices, Stents/Implants, Consumables), By Indication (Sinus Stenosis & Pulmonary Stenosis), By End-Use (Hospitals, Ambulatory  Surgical Centers), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

The ever-increasing number of patients with pulmonary and sinus disorders that could potentially opt for a dilation and stent procedure is a factor that is expected to augment the anticipated profit margins of this global market.

Market.US announces publication of its most recently generated research report titled, “Global Balloon Dilation and Stent Market by Product Type (Balloon Dilation Devices, Stents/Implants, Consumables), By Indication (Sinus Stenosis & Pulmonary Stenosis), End-Use (Hospitals, Ambulatory  Surgical Centers) and by Region – Global Forecast to 2031”, which offers a holistic view of the global Balloon Dilation and Stent Market through systematic segmentation that covers every aspect of the target market.

The global balloon dilation and stent market is projected to be US$ 1,838.6 Mn in 2021 to reach US$ 3158.7 Mn by 2031 at a CAGR of 5.7%.

Dilation and Stenting is a minimally invasive procedure that is used to gently widen the esophageal strictures of a given individual. These strictures in an individual can be caused by either a certain disease or maybe a birth defect. In certain cases, a stent, which is a plastic or metal mesh tube, is inserted in the esophageal stricture or in the arteries of the heart to keep a narrow valve open.

In balloon dilation, a special flexible tube is used which has a deflated balloon attached to its tip, is inserted into a blood vessel and guided to a concerned area, this tube is then placed in a valve that has become narrow, which is then inflated to stretch-open a jammed or congested valve.

Global Balloon Dilation and Stent Market Revenue (US$ Mn), 2021–2031

The ever-increasing number of patients with pulmonary and sinus disorders that could potentially opt for a dilation and stent procedure is a factor that is expected to augment the anticipated profit margins of this global market. The rising adoption of balloon dilation and stent procedures among individuals based primarily in a developed nation, along with the steady increase in medical tourism particularly among developing nations due to lower procedural costs, as well as optimal medical care facilities are also major factors anticipated to contribute to the anticipated profit margins of the global balloon dilation and stent market.

The risk associated with the procedure such as infection or bleeding inside the valve, restenosis, artery dissection, or artery perforation, and the overall cost of balloon dilation and stent procedure is approximately 60% higher than the open-heart surgery in the US. These factors are expected to hinder the financial growth of this given market.

However, incentive and subsidy schemes offered by various governments of both developed and developing nations towards research & development activities is a factor that is expected to boost the financial trajectory of this global market over the forecast period coupled with the increased investments towards R&D practices by either private players or NGOs. These factors are slated to further bolster this market’s projected revenues in the years to come.

Global Balloon Dilation and Stent Market Attractiveness Analysis by Product Type, 2015–2031

The research report on the global balloon dilation and stent market includes profiles of some of the major companies such as Johnson & Johnson, Medtronic Plc, Stryker Corp., Boston Scientific Corporation, B. Braun Melsungen AG, Cook Group Incorporation, Nordson Corp., Merit Medical Systems, Inc., Meril Medorah Meditek Pvt. Ltd., and others.

Global Balloon Dilation and Stent Market Segmentation Based on Product Type, Indication, End-Use, and Region

Based on Product Type:

• Balloon Dilation Devices
• Stents/Implants
• Consumables

Based on Indication:

• Sinus Stenosis
• Pulmonary Stenosis

Based on End-Use:

• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics

Based on Key Players:

• Johnson & Johnson
• Medtronic Plc
• Stryker Corp.
• Boston Scientific Corporation
• B. Braun Melsungen AG
• Cook Group Incorporation
• Nordson Corp.
• Merit Medical Systems Inc.
• Meril Medorah Meditek Pvt. Ltd.
• others

Based on Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

For the Balloon Dilation and Stent Market research study, the following years have been considered to estimate the market size: