To: Mark S. who wrote (229 ) 3/21/1998 5:14:00 PM From: Aishwarya Read Replies (3) | Respond to of 2887
Mark, this post should give an idea in a nutshell what kind of market our company is poised for THE WORLDWIDE MARKET FOR DILATION BALLOON CATHETERS Market Size and Growth: The total balloon catheter market was $1.4 billion in 1995; $798.9 billion in the United States and $577.2 billion abroad. Product Segments: Balloon catheters are classed by their method of navigation, size of the balloons, compliance of the balloons, and the amount of pressure needed for balloon inflation. Market Forecasts: Growth is currently forecasted at between 7.8% and 8.9% for PTCA balloon catheters. The peripheral PTA procedure is a still emerging segment; it is anticipated to grow at a 15% to 17% rate through 2000. Marketing, Sales and Distribution: Sales of PTCA and PTA dilatation balloon catheters are directed solely at interventional cardiac catheterization laboratories. Issues and Trends: Growth in dollar volume in the balloon angioplasty catheter segments is being strongly affected by two opposing trends. The Consumer U.S. demographics favor increasing numbers of angioplasty procedures. Industry Structure: There are five large suppliers of balloon catheter products: Boston Scientific Corp.'s SciMed Life Systems, Guidant Corp.'s Advanced Cardiovascular Systems, Cordis Corp., Medtronic, and Pfizer's Schneider subsidiary. Other Baxter, Arterial Vascular systems and a lot of intermediate players who are cashing in big time on such opportunities. This is a large industry and the sheer market size offers lots of possibilities for consolidation as well opportunities to market ABMI's extensive portfolio of products. Once it gets going it may be bye bye. But we will be able to tell those growth signs should they happen to come our way. For now i will be happy to be patient. GO ABMI Regards, Sri.