Balloon Catheters Market Share, Size Global Key Players, Industry Demand, Regional Analysis and Forecast 2027 [MarketWatch]
Abbott Laboratories (ABT)
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Source: MarketWatch
Jan 21, 2022 (Market Insight Reports) -- The Global Balloon Catheters Market is forecasted to value over USD 18.2 billion by 2027 end and register a CAGR of 5.3% from the forecast period 2020-2027. In medical practice, a balloon catheter is a flexible, tubular device with a balloon at its tip that is used to create, enlarge or remove blockages of a passageway within the body. When performing surgery, the balloon tip can be expanded by water or air to remove the blockage or to open partly closed passageways. Heart related diseases such as coronary heart disease are treated with balloon catheters, which are caused by diabetes, high blood pressure, and high cholesterol levels in the blood. During the treatment of coronary heart disease, a balloon catheter helps to avoid open heart surgery by allowing blood to flow from arteries that have been blocked by excess cholesterol. By widening narrowed or obstructed arteries or veins, the balloon catheter plays an important role in angioplasty
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