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QualiMed Innovative Medizinprodukte GmbH, Based in Winsen Germany has Received Notice of CE Approval for its Line of Peripheral Balloons for the Treatment of Peripheral Vascular Obstructions
Date:2/5/2013

HAMBURG, Germany, February 5, 2013 /PRNewswire/ --

It is estimated that the global interventional peripheral device market will exceed 4 Billion euros by 2015. The three largest portions of this market ranked in order based on global market size are:

  1. Peripheral Vascular Stents which account for approximately 34% of the market
  2. PTA Balloon Catheters representing the 2nd largest market segment
  3. Aortic Stent Graft claiming the third largest portions respectively.

The interventional peripheral market sector has been experiencing rapid growth in technological advancements as well as significant consolidation over the last 3 to 5 years. The mid cap consolidation is the primarily result of acquisitions by large multinationals looking to establish an entry into the peripheral markets, broaden their product portfolio, and expand their sales reach and expertise in this area. Companies such as EV3 acquired by Covidien, Invatec by Medtronic, Atrium by Marquette, Clear Stream by Bard, as well as a number of others has left a void of peripheral vascular interventional technology companies in the mid cap market. Further the consolidation of the mid cap distribution channel into that of the acquirers has left an excess channel capacity of well-trained distributors that have significant relationship with existing clinicians, administrators, and support staff in the geographies they represent.

Qualimed believes the availability of its current line of peripheral stents coupled with its new line of innovative PTA Balloons in .035, .018, and .014 guide wire compatibility up to 280 mm lengths that minimize inflation and deflation time as well as a line of AV Shunt balloons in .035 and .018 guider compatibility with high pressure to 22 RBP allows the company to provide one of the largest independent balloon production and product offerings globally. This advance
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SOURCE QualiMed Innovative Medizinprodukte GmbH
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