Balloon Aortic Valvuloplasty market projected to reach $190.27 million by 2031, with rising demand globally.
From GlobeNewswire: 2025-01-21 09:23:00
A comprehensive report from The Insight Partners highlights the Balloon Aortic Valvuloplasty Market’s growth potential, with a projected market size of US$ 190.27 million by 2031 at a CAGR of 5.4% from 2023. The rising prevalence of aortic valve stenosis, especially in aging populations, is driving demand for these procedures globally.
The demand for minimally invasive procedures, such as Balloon Aortic Valvuloplasty, is on the rise due to reduced risks, faster recovery times, and enhanced patient experiences. These techniques offer significant benefits over traditional open-heart surgery, leading to increased adoption in various medical specialties, including cardiology.
Geographically, Asia Pacific led the Balloon Aortic Valvuloplasty market in 2023, with North America and Europe following closely behind. Asia Pacific is expected to exhibit the highest CAGR during the forecast period, showcasing the region’s growing focus on advanced medical procedures and technologies.
Key players in the Balloon Aortic Valvuloplasty market include B Braun SE, TT Medical, Inc., Balton, and Edwards Lifesciences Corp, among others. The industry is witnessing trends such as innovative catheter technologies, pediatric applications, and improved imaging techniques, driving market growth and development.
The integration of Balloon Aortic Valvuloplasty with transcatheter aortic valve replacement (TAVR) as a bridging therapy is expanding its role in patient care. The market landscape is evolving with advancements in procedural precision, safety enhancements, and personalized treatment approaches, catering to complex cases and patient preferences.
Read more at GlobeNewswire: Balloon Aortic Valvuloplasty Market Size to Hit $ 190.27
