Americas Medical Rubber and Balloon Product
Market: By Type (Natural Rubber, Butadiene Rubber, Butyl Rubber, Silicon Rubber),
By Product (Caps, Infusion Sets, Birth Control Products, Medical Masks,
Catheters, Bulb Syringe,), By Technologies (Non-Compliant Type, Semi Compliant
Type), By Application (Anchoring, Aspiration, Drug Delivery, Occlusion &
Sizing, Stent, Valve Sizing and others) - Forecast till 2023
Americas Medical Rubber and Balloon Product Market Highlights
Rubber and its product have completely improved the safety and
efficiency of the medical devices. Rubber is used in the preparation of
different medical products such as chloroform bellow, infant syringe, ear /eye
and ulcer syringe, dental product, and others. Now a days, rubbers are used to
prepare disposables, which have been adopted by peoples and number of organizations.
Disposables are one time use and reduces the chances of infection. Different
types of size and shapes are available as per the convenience of the user.
However, the most important thing to be considered by
manufacturer is the rubber product should not make any kind of allergic
reaction to the skin of doctors or patients as different types of colours and
chemicals are used while manufacturing of this product. As the prevalence of
diseases is increasing continuously the demand of this type of product is
increased in developed countries. The major driving factor for the Americas
medical rubber and balloon product market are increasing demand for the medical
devices & products, increasing prevalence of different chronic diseases,
and many brighter sides of the rubber products. On the other hand, introduction
of better alternatives may slow the market growth.
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Americas Medical Rubber and Balloon Product Market
Segmentations
The Americas
medical rubber and balloon product market is segmented on basis
types, products, technologies, and applications
On the basis of type, the market is segmented into natural
rubber, butadiene rubber, butyl rubber, isoprene rubber, silicon rubber, and
others.
On the basis of product, the market is segmented into caps,
infusion and transfusion sets, birth control products, medical masks,
catheters, bulb syringe, rubber bladders, and others.
On the basis of technologies, the market is segmented into
non-compliant type and semi compliant type, and others.
On the basis of application, the market is categorised into
anchoring, aspiration, drug delivery, occlusion & sizing, stent, valve
sizing, and others.
Americas Medical Rubber and Balloon Product Market Regional
Analysis
Americas medical rubber and balloon product market is expected
to see strong growth during the forecast period due to increasing need of
medical equipment accessories and surgical products as well as growing
technological advancements in the formulation of rubber and polymers in the
medical device, equipment and accessories industry. Americas medical rubber and
balloon market is segmented into North America and South America. North America
holds the major share in the market owing to increase in number of diseases
which has ameliorate the number of hospitals and surgeries, increasing demand
for the different medical devices and rapidly developing technology. Whereas,
South America has the developing market.
Americas Medical Rubber and Balloon Product Market Key Players
The Americas medical rubber and balloon product market is
highly fragmented with the presence of many local and international players. To
sustain the increasing competition, local players are focusing on cost
reduction and innovation to ensure sustainability. While, the international
players implemented growth strategies through collaborations and partnerships
to expand their overall market share.
Some of the major players in this market are: Boston
Scientific Corporation (US), The Hygenic Corporation (US), Fluke Corporation
(US), Allied Healthcare Products, Inc. (US), Cardinal Health (US), INTEGRA
Biosciences AG (Switzerland), Abbott (US), Cook (US), Ohio Medical (US),
Garware Bestretch Limited (India).
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