Research Methodology on Angioplasty Balloons Market
1. Introduction
This research is conducted to analyze the angioplasty balloons market and explore the growth opportunities available for it. Several factors such as market trends, product offerings, competitive dynamics, geographical developments, and health economics are considered while making this report. For this report, Market Research Future (MRFR) has used various market research and analysis techniques such as qualitative and quantitative analysis, Porter’s Five Forces analysis, PESTLE analysis, and SWOT analysis in order to identify the trends and future prospects in the angioplasty balloons market.
2. Research Methodology
The research process involved the following stages which were followed to generate the insights for this angioplasty balloons market report:
2.1. Primary Research
For the primary research, MRFR surveyed all the major stakeholders across the angioplasty balloons market. The stakeholders comprised doctors, medical specialists, healthcare experts, and other related professionals. The finding collected through this research process was utilized to validate the existing data obtained through secondary research.
2.2. Secondary Research
For secondary research, MRFR used various sources such as publications from government authorities, journals, white papers, investor presentations, webcasts, industry associations, and other sources. These resources offered insights into the angioplasty balloons market that can be utilized to draw comparative analyses between competitors and industry trends.
2.3. Data Triangulation
In order to ensure accuracy in analysis, data from both primary research and secondary research was triangulated and verified. This process helped in validating the estimated data collected in the two stages. Furthermore, it was used to analyze potential areas of investment in the angioplasty balloons market.
2.4. Market Size Estimation
To accurately estimate and validate the market size of the angioplasty balloons market, various top-down and bottom-up approaches were used. The bottom-up approach started with the calculation of year-on-year (Y-o-Y) growth rate and CAGR estimates for the different segments for the forecast period. This was estimated by focusing on the various product categories, technology, applications, and countries. The data collected from these activities was further verified with the primary research data to get accurate market size estimates.
3. Market Segmentation
For the purpose of this report, the global angioplasty balloons market has been segmented on the basis of product type, technology, end-users, and region.
3.1. Product Type
Based on product type, the angioplasty balloons market has been segmented into balloon dilation catheters, cutting balloons catheters, scoring/atherectomy balloons, and others.
3.2. Technology
Based on technology, the angioplasty balloons market has been segmented into conventional angioplasty balloons and drug-eluting balloons.
3.3. End User
Based on the end users, the angioplasty balloons market has been segmented into hospitals and others.
3.4. Region
Geographically, the angioplasty balloons market has been segmented into four defined regions: North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
4. Key Market Players
The key players that operate in the angioplasty balloons market are Cook Medical (U.S.), Medtronic (Ireland), Boston Scientific Corporation (U.S.), Cardinal Health (U.S.), Abbott Laboratories (U.S.), Terumo Corporation (Japan), Meril Life Sciences Pvt. Ltd (India), Brickell Biotech, Inc. (U.S.), Nipro Corporation (Japan), B.Braun Melsungen AG (Germany), Cook Group (U.S.), C. R. Bard, Inc. (U.S.), Vascular Concepts (India), and Biosensors International Group Ltd (Singapore).
5. Research Analysis
MRFR has conducted in-depth research and analysis to identify the various trends and opportunities in the angioplasty balloons market. This was done through an in-depth market analysis process which included forecasting, trends, competitive landscape, emerging technologies, and regulatory analysis. The data collected was analyzed to provide insights into the market that can help the stakeholders understand the dynamics of the angioplasty balloons market better.
6. Report Objectives
The objectives of this report include:
- To understand the market dynamics of the angioplasty balloons market
- To provide an in-depth analysis of the angioplasty balloons market
- To identify the driving factors and potential opportunities in the angioplasty balloons market
- To analyze the competitive environment, market regulations, and industry trends
- To estimate the market size and forecast the same for the period 2023-2030
- To provide insights into emerging technologies and their potential impact on the market
7. Intended Audience
This angioplasty balloons market report will be helpful to the following stakeholders in the healthcare industry:
End users
Manufacturers
Technology providers
Distributors
Suppliers
Research institutes
Government organizations
Investment firms
Consulting firms