Global Medical Rubber and Balloon Product  Market research report - forecast till 2027

Medical Rubber and Balloon Product Market Research Report: By Type (Natural Rubber Latex, Catheters, Balloons, Condoms and others), By Application (Diagnostics, Therapeutics, Industrial, others) - Global Forecast till 2027

ID: MRFR/MED/0106-HCR | August 2022 | Region: Global | 80 Pages         

Table of Content

1. Report Prologue

2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary research

3.4 Market Size Estimation

4. Market Dynamics

4.1 Drivers

4.2 Restrains

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

6. Global Medical Rubber & Balloon Products Market, by Type

6.1 Introduction

6.2 Natural Rubber Latex (Nrl)

6.2.1 Market Estimates & Forecast, 2020-2027

6.3 Catheters

6.3.1 Market Estimates & Forecast, 2020-2027

6.4 Balloons

6.4.1 Market Estimates & Forecast, 2020-2027

6.5 Condoms

6.5.1 Market Estimates & Forecast, 2020-2027

6.6 Others

6.6.1 Market Estimates & Forecast, 2020-2027

7. Global Medical Rubber & Balloon Products Market, by Application

7.1 Introduction

7.2 Diagnostics

7.2.1 Market Estimates & Forecast, 2020-2027

7.3 Therapeutics

7.3.1 Market Estimates & Forecast, 2020-2027

7.4 Industrial

7.4.1 Market Estimates & Forecast, 2020-2027

7.5 Others

7.5.1 Market Estimates & Forecast, 2020-2027

8. Global Medical Rubber & Balloon Products Market, by Region

8.1 Introduction

8.2 Americas

8.2.1 North America

8.2.1.1 U.S.

8.2.1.2 Canada

8.2.2 South America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 France

8.3.1.3 U.K

8.3.1.4 Italy

8.3.1.5 Spain

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 Republic of Korea

8.4.6 Rest of Asia Pacific

8.5 The Middle East & Africa

8.5.1 United Arab Emirates

8.5.2 Saudi Arabia

8.5.3 Oman

8.5.4 Kuwait

8.5.5 Qatar

8.5.6 Rest of the Middle East & Africa

9 Company Landscape

9.1 Introduction

9.2 Market Share Analysis

9.3 Key Development & Strategies

9.3.1 Key Developments

10 Company Profiles

10.1 Abbott Laboratories

10.1.1 Company Overview

10.1.2 Product Overview

10.1.3 Financials

10.1.4 SWOT Analysis

10.2 Adventa Berhad

10.2.1 Company Overview

10.2.2 Product Overview

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.3 AngioDynamics, Inc.

10.3.1 Company Overview

10.3.2 Product Overview

10.3.3 Financial Overview

10.3.4 Key Development

10.3.5 SWOT Analysis

10.4 Ansell Healthcare

10.4.1 Company Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Overview

10.4.4 Key Development

10.4.5 SWOT Analysis

10.5 Arrow International

10.5.1 Company Overview

10.5.2 Product Overview

10.5.3 Financial overview

10.5.4 Key Developments

10.6 Astra Tech, Inc.

10.6.1 Company Overview

10.6.2 Product Overview

10.6.3 Financial Overview

10.6.4 Key Developments

10.7 B. Braun Melsungen AG

10.7.1 Overview

10.7.2 Product Overview

10.7.3 Financials

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.8 Cardinal Health, Inc.

10.8.1 Overview

10.8.2 Product Overview

10.8.3 Financials

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.9 Hartalega Holdings Berhad

10.9.1 Overview

10.9.2 Product Overview

10.9.3 Financials

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.10 Church & Dwight Co, Inc.

10.10.1 Overview

10.10.2 Product Overview

10.10.3 Financials

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.11 Others

11 MRFR Conclusion

11.1 Key Findings

11.1.1 From CEO’s View Point

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Prediction of Pharmaceutical Industry

12 Appendix


LIST OF TABLES

Table 1 Medical Rubber & Balloon Products Industry Synopsis, 2020-2027

Table 2 Global Medical Rubber & Balloon Products Market Estimates and Forecast, 2020-2027, (USD Million)

Table 3 Global Medical Rubber & Balloon Products Market by Region, 2020-2027, (USD Million)

Table 4 Global Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 5 Global Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 6 North America Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 7 North America Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 8 US Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 9 US Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 10 Canada Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 11 Canada Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 12 South America Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 13 South America Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 14 Europe Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 15 Europe Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 16 Western Europe Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 17 Western Europe Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 18 Eastern Europe Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 19 Eastern Europe Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 20 Asia Pacific Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 21 Asia Pacific Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)

Table 22 Middle East & Africa Medical Rubber & Balloon Products Market by Type, 2020-2027, (USD Million)

Table 23 Middle East & Africa Medical Rubber & Balloon Products Market by Application, 2020-2027, (USD Million)


LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Medical Rubber & Balloon Products Market

Figure 3 Segmentation Market Dynamics for Medical Rubber & Balloon Products Market

Figure 4 Global Medical Rubber & Balloon Products Market Share, by Type 2020

Figure 5 Global Medical Rubber & Balloon Products Market Share, by Application, 2020

Figure 6 Global Medical Rubber & Balloon Products Market Share, by Region, 2020

Figure 7 Americas Medical Rubber & Balloon Products Market Share, by Country, 2020

Figure 8 Europe Medical Rubber & Balloon Products Market Share, by Country, 2020

Figure 9 Asia Pacific Medical Rubber & Balloon Products Market Share, by Country, 2020

Figure 10 Middle East & Africa Medical Rubber & Balloon Products Market Share, by Country, 2020

Figure 11 Global Medical Rubber & Balloon Products Market: Company Share Analysis, 2020 (%)

Figure 12 Abbott Laboratories: Key Financials

Figure 13 Abbott Laboratories: Segmental Revenue

Figure 14 Abbott Laboratories: Geographical Revenue

Figure 15 Adventa Berhad: Key Financials

Figure 16 Adventa Berhad: Segmental Revenue

Figure 17 Adventa Berhad: Geographical Revenue

Figure 18 AngioDynamics, Inc: Key Financials

Figure 19 AngioDynamics, Inc: Segmental Revenue

Figure 20 AngioDynamics, Inc: Geographical Revenue

Figure 21 Ansell Healthcare: Key Financials

Figure 22 Ansell Healthcare: Segmental Revenue

Figure 23 Ansell Healthcare: Geographical Revenue

Figure 24 Arrow International: Key Financials

Figure 25 Arrow International: Segmental Revenue

Figure 26 Arrow International: Geographical Revenue

Figure 27 Astra Tech, Inc: Key Financials

Figure 28 Astra Tech, Inc: Segmental Revenue

Figure 29 Astra Tech, Inc: Geographical Revenue

Figure 30 B. Braun Melsungen AG: Key Financials

Figure 31 B. Braun Melsungen AG: Segmental Revenue

Figure 32 B. Braun Melsungen AG: Geographical Revenue

Figure 33 Cardinal Health, Inc.: Key Financials

Figure 34 Cardinal Health, Inc.: Segmental Revenue

Figure 35 Cardinal Health, Inc.: Geographical Revenue

Figure 36 Hartalega Holdings Berhad: Key Financials

Figure 37 Hartalega Holdings Berhad: Segmental Revenue

Figure 38 Hartalega Holdings Berhad: Geographical Revenue

Figure 39 Church & Dwight Co, Inc: Key Financials

Figure 40 Church & Dwight Co, Inc: Segmental Revenue

Figure 41 Church & Dwight Co, Inc: Geographical Revenue


Market Scenario


In a typical clinical setting, the rubber and balloon products play a very important role and are in great demand. Almost all diagnostic products and treating equipment are made up of rubber. Balloon products are those products which are used generally for heart patients, the stents are balloon which helps in pumping the heart. These balloons are also made up of rubber. The rubber is used to develop a variety of products such as gloves, masks, bulbs syringes, caps, implants, breathing bags, tubes, condoms, infusion and transfusion sets. Furthermore these products are generally used for various surgeries such as cardiovascular, thoracic, abdominal trauma, tumor, ophthalmology, ENT and others. There are various types of balloons which is used like multi-lumen balloon, light therapy, drug delivery, and heat transfer catheters.


According to the World Health Organization (WHO), in 2015, over 17.7 million people died from cardiovascular diseases, representing 31% of all global deaths and in 2015, 82% of the total deaths occurred in the low and middle income countries.


According to the Centers for Medicare & Medicaid Services, in 2015, the U.S. healthcare spending is likely to increase 5.8% reaching USD 3.2 trillion. In 2016, the healthcare spending in North America has been increased. According to the International Monetary Fund (IMF), The U.S. economy grew in 2016 by 1.6%. Rising in fund allocation in healthcare industry has further added fuel to this market.


A wide variety of coatings can be added to the surface of a balloon to enhance the properties of the products to meet new requirements. The coatings such as lubricious coating, abrasion & puncture resistance coating, tacky or high friction coatings, conductive coating, drug release coating, and others.


The global market of medical rubber and balloon product is growing because of the rising number of the medical equipment and accessories across the globe. Moreover increasing in the prevalence of cardiovascular and the thoracic diseases also fueling the market. The global market of medical rubber and balloon products is growing with a CAGR of 4.5% during the forecasted period 2017 to 2023. 


Intended Audience



  • Medical Rubber and Balloon Product Manufacturers

  • Medical Rubber and Balloon Product Suppliers & Distributers

  • Rubber and Balloon Product parts manufacturers

  • Research and Development (R&D) Companies

  • Medical Research Laboratories

  • Academic Medical Institutes and Universities


Figure: Global Medical Rubber and Balloon Product Market Share by Type, 2016 (%)
Medical Rubber Balloon Products Market


Sources: Annual reports, Press release, White paper, Company presentation 


Segmentations


The global medical rubber and balloon product market is segmented on the basis of types and application


On the basis of the type, it is segmented into natural rubber latex, catheters, balloons, condoms, and others. Furthermore natural rubber latex is segmented into medical gloves and non-medical gloves. Catheters segmented into cardiovascular catheters, neurovascular catheters, urological catheters, and specialty catheters. Balloons segmented into non-compliant balloon and semi-compliant balloon.  


On the basis of the application, it is segmented into diagnostics, therapeutics, industrial, and others.  


Regional Analysis


On the regional basis, the market is segmented into the Americas, Europe, Asia Pacific and the Middle East and Africa.


The Americas dominate the global medical rubber and balloon product market owing to massive development in the medical sector, increase in the healthcare industries, and growing government support to research institutions. Furthermore, increased chronic diseases such as, asthma, cancer, COPD, and diabetes in this region drive the growth of this region. According to the Centers for Disease Control and Prevention (2015), over 630,000 Americans die from heart disease each year, which accounted for 1 in every 4 deaths. These rising in patient population enhance the demand of product in this region.


Europe consist of two regions namely Western Europe and Eastern Europe. Western Europe accounts for the major share of the market, which is primarily contributed by Germany, the U.K., and France. Europe holds the second position in the global medical rubber and balloon product market owing to government support and well-established healthcare industry. This is expected to continue driving the European market over the forecasted period.


Asia Pacific is the fastest growing medical rubber and balloon product market owing to the presence of huge patient population, and high healthcare expenditure. Moreover, increasing demand for quality products in healthcare is projected to lead the growth of the medical rubber and balloon product in this region.


On the other hand, the Middle East and African region holds the least market share due to low healthcare spending, ignorance regarding diseases, poor access to treatment and availability of limited technologies.


Key Players


Some of the major players in the global medical rubber and balloon product market are Abbott Laboratories (U.S.), Adventa Berhad (Malaysia), AngioDynamics, Inc. (U.S.), Ansell Healthcare (Australia), Arrow International (New Zealand), Astra Tech, Inc. (U.S.), B. Braun Melsungen AG (Germany), Cardinal Health, Inc. (U.S.), Hartalega Holdings Berhad (Malaysia), Church & Dwight Co, Inc. (U.S.), Latexx Partners Berhad (Malaysia), Reckitt Benckiser Group (U.K), and others. 


Research Methodology


Global Medical Rubber Balloon Products Market


Sources: Annual reports, Press release, White paper, and Company presentation



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