The global endoscopic balloon dilator market registered at a CAGR of over 7.5% during the forecast period 2019–2025.Endoscopic balloon dilator. Balloon dilatation catheter are being adopted for dilatation of strictures located in the duodenum, esophagus, pylorus, colon, and the airway tree. The endoscopic balloon dilator is also used for the removal and dilatation of biliary stone.
Some of the key players in the market are Merit Medical Endotek, Cook Medical, Boston Scientific Corporation, Olympus Medical Corporation, CONMED Corporation, HOBBS MEDICAL INC., Medi-Globe GmbH, PanMed US and others.
Increasing incidence of chronic diseases that require endoscopic dilation procedures globally is likely to boost the global endoscopic balloon dilator market
Factors such as changing dietary habits and increasing incidence of chronic diseases are likely to drive the endoscopic balloon dilators market in the near future. Chronic diseases are a significant problem in the United States, that contributes to most prevalent and costly illnesses. Approximately 133 million Americans, or 45 % of the population, have at least one chronic condition. Such factor is projected to drive the market growth of endoscopic balloon dilators.
The global Endoscopic Balloon Dilator market is bifurcated based on the product type, modality type, end-user, and regional analysis. Based on the product type, the market is divided into Biliary balloon dilator, Esophageal Balloon Dilator, Pyloric Balloon Dilator, Colonic Balloon Dilator, Duodenal balloon dilator, Others. Based on the modality type, the market is divided into single lumen, double lumen. Based on end user it is classified into Hospitals, Ambulatory Surgical Centers (ASCs) Specialty Clinics.
The Asia Pacific Region Expected to Witness fastest Growth in the Global Endoscopic Balloon Dilator Market
Based on geographical analysis, the global endoscopic balloon dilator market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The growth of the endoscopic balloon dilator market across Asia Pacific is due to the increasing patient population suffering from chronic diseases that requires endoscopic surgical procedures. Furthermore, rapidly improving healthcare infrastructure, and new endoscopic balloon dilators being used for treatment method will propel the growth of the industry in the region.
“Endoscopic Balloon Dilator Market - By Product Type (Biliary balloon dilator, Esophageal balloon dilator, Pyloric balloon dilator, Colonic balloon dilator, Duodenal balloon dilator, Others), By Modality Type (Single Lumen, Double Lumen), By End user (Hospitals, Ambulatory Surgical Centers (ASCs) Specialty Clinics) and By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.”
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The global endoscopic balloon dilator market is segmented as follows:
By Product Type:
-Biliary balloon dilator
-Esophageal balloon dilator
-Pyloric balloon dilator
-Colonic balloon dilator
-Duodenal balloon dilator
By Modality Type:
By End user:
-Ambulatory Surgical Centers (ASCs)
-Rest of Europe
-Rest of Asia Pacific
-Rest of Latin America
Middle East & Africa
-Rest of Middle East & Africa
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