Dual fluting and wrapping equipment provides a minimal profile wrapped balloon for catheter manufacturing. This product has a top-loading, pivoting catheter platform to precisely control positioning of the catheter for both fluting and wrapping operation. The DFW-1000 is PLC-controlled with multiple storage programming configurations for more streamlined and simplified set-up and operation. It precisely controls individual blade temperature, closed and open diameter, and dwell time for consistent and repeatable results. Custom-designed and interchangeable fluting and wrapping modules accommodate a wide range of balloon diameters and lengths for increased production capacity.