PTA Balloon Catheter Market by Material Type (Polyurethane, Nylon, and Others), by Application (Coronary Artery Disease and Peripheral Vascular Disease), by End User (Hospitals or Clinics, Ambulatory Surgical Centers, and Others), and by Region (North Ame

PTA Balloon Catheter Market by Material Type (Polyurethane, Nylon, and Others), by Application (Coronary Artery Disease and Peripheral Vascular Disease), by End User (Hospitals or Clinics, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast, 2022 - 2028

A catheter is a tubular, flexible instrument, passed through body channels for withdrawals of fluid (or introduction of fluids) from body cavity. PTA balloon catheter is an innovative medical device, which is inserted in the femoral artery in the leg or sometimes into the radial artery in the arm for the treatment of constricted blood vessels. The PTA means “percutaneous transluminal angioplasty” (percutaneous means through the skin). As the balloon inflates, the cage causes the balloon to form a series of segmented pillows and grooves along the entire lesion. The pillows apply force to create small dissections that are necessary for effective dilatation. The grooves relieve the stress and stop dissections from propagating. The PTA balloon catheters is used in for the treatment of peripheral vascular lesions. The standard PTA balloon catheter segment has represented the largest share of the total PTA balloon catheter market. However, Boston Scientific’s exit from the standard PTA balloon catheter space in 2014 reduced the size of the market in that year. The value of the high-pressure PTA balloon catheter market increased sharply in 2014 as Boston Scientific shifted resources from the standard to high-pressure PTA balloon catheter markets.
Market Dynamics
Increasing prevalence of urological and cardiovascular diseases, geographical expansion of PTA balloons catheter manufacturers in North America, and increasing investment in research and development by manufacturers are some of the major factors that are expected to drive the market growth. Furthermore, increasing production of PTA balloon catheter is expected to driving growth of global PTA balloon catheter market. For instance, in April 2015, BrosMed announced CE mark and launched its Minerva percutaneous transluminal angioplasty (PTA) dilation catheter for the treatment of patients with peripheral arterial disease.
Moreover, in April 2021, the Metronic, Inc IN.PACT Admiral Paclitaxel-coated Percutaneous Transluminal Angioplasty (PTA) Balloon Catheter received the U.S. FDA approval. The Medtronic IN.PACT Admiral Paclitaxel-coated Percutaneous Transluminal Angioplasty (PTA) Balloon Catheter (Medtronic DCB) uses a drug-coated balloon to re-open blocked or narrowed arteries in the thigh and knee due to peripheral artery disease (PAD).
Key features of the study:
This report provides in-depth analysis of the PTA balloon catheter market and provides market size (US$ Mn) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global PTA balloon catheter market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include, Medtronic, Terumo, Cardinal Health, Boston Scientific, AndraTec, Cook Medical, Biotronik, Abbott, Creagh Medical, TriReme Medical, and Natec Medical
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global PTA balloon catheter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the PTA balloon catheter market
Detailed Segmentation:
Global PTA balloon catheter Market, By Material Type:
Polyurethane
Nylon
Others
Global PTA balloon catheter Market, By Application:
Coronary Artery Disease
Peripheral Vascular Disease
Global PTA balloon catheter Market, By End User:
Hospitals and Clinics
Ambulatory Surgical Centers
Others
Global PTA balloon catheter Market, By Region:
North America
By Material Type:
Polyurethane
Nylon
Others
By Application:
Coronary Artery Disease
Peripheral Vascular Disease
By End User:
Hospitals or Clinics
Ambulatory Surgical Centers
Others
By Country:
U.S.
Canada
Latin America
By Material Type:
Polyurethane
Nylon
Others
By Application:
Coronary Artery Disease
Peripheral Vascular Disease
By End User:
Hospitals or Clinics
Ambulatory Surgical Centers
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Material Type:
Polyurethane
Nylon
Others
By Application:
Coronary Artery Disease
Peripheral Vascular Disease
By End User:
Hospitals or Clinics
Ambulatory Surgical Centers
Others
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Material Type:
Polyurethane
Nylon
Others
By Application:
Coronary Artery Disease
Peripheral Vascular Disease
By End User:
Hospitals or Clinics
Ambulatory Surgical Centers
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Material Type:
Polyurethane
Nylon
Others
By Application:
Coronary Artery Disease
Peripheral Vascular Disease
By End User:
Hospitals or Clinics
Ambulatory Surgical Centers
Others
By Country:
GCC
Israel
Rest of Middle East
Africa
By Material Type:
Polyurethane
Nylon
Others
By Application:
Coronary Artery Disease
Peripheral Vascular Disease
By End User:
Hospitals or Clinics
Ambulatory Surgical Centers
Others
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Medtronic
Company Overview
Material Portfolio
Financial Performance
Key Highlights
Market Strategies
Terumo
Cardinal Health
Boston Scientific
AndraTec
Cook Medical
Biotronik
Abbott
Creagh Medical
TriReme Medical
Natec Medical
“*” marked represents similar segmentation in other categories in the respective section.