Global Pulmonary Dilation Balloon Market Size, Share & Trends Analysis Report, By Product (Elation, CRE, and Others), By Application (Hospitals, Ambulatory Surgical Centers, and Others), Forecast (2022-2028)

The global pulmonary dilation balloon market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028). Generally, balloon dilation is also referred to as balloon valvuloplasty, which is a procedure for interventional cardiac catheterization. It is normally utilized in the opening of blocked heart valves, such as the pulmonary and aortic valves. A pulmonary dilation balloon is designed exclusively and offers gradual, successive dilation of strictures. Thus, pulmonary dilation balloon is defined as the procedure that is used for the treatment of pulmonary valve stenosis treatment. The market growth is majorly attributable to the growth in the patient pool of congenital heart diseases coupled with the early diagnosis of the diseases owing to the availability of better medical facilities. The rising prevalence of various cardiovascular diseases also requires substantial medical attention in the form of novel solutions such as pulmonary dilation balloon.

Almost 15 million people all over the globe suffer from heart attacks or similar issues, according to the World Heart Federation. Between 2016 and 2017, the US spent $363 billion on heart disease. Among the various types of heart ailments, the most frequent type of heart illness, coronary heart disease, affect approximately 18.2 million persons aged 20 and up (about 6.7%). Such estimates lead to an increased demand for effective solutions such as pulmonary dilation balloon. Further, the rising cases of pulmonary valve stenosis that causes deformity in or in the vicinity of the pulmonary valve also contributes to the growing demand for pulmonary dilation balloon.

Some key players operating in the market include Boston Scientific Corp., Envaste Ltd., and Merit Medical Systems, Inc., among others. Merit Medical offers Elation pulmonary dilation balloon for dilating the trachea or bronchi. The company focused on having the balloon deflate quickly and completely at the end of the procedure to make it easy to pull out. It’s fairly transparent, allowing the user to see the anatomy better around the balloon. It has radiopaque markers for precision in placement and printed bands on the catheter to measure stricture length. The device can be reinserted multiple times owing to a low insertion force required to push it through the scope.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-

• By Product
• By Application

• Regions covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape: Boston Scientific Corp., Envaste Ltd., and Merit Medical Systems, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

• Deviation from the pre-COVID-19 forecast
• Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Pulmonary Dilation Balloon Market Report by Segment

By Product

• Elation
• CRE
• Others

By Application

• Hospitals
• Ambulatory Surgical Centers
• Others

Global Pulmonary Dilation Balloon Market Report by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa