PTA Balloon Catheter Market, by Material Type (Polyurethane, Nylon), by Application (Coronary Artery Disease and Peripheral Vascular Disease), by End User (Hospitals, Ambulatory Surgical Centers, and Others(Specialist Clinics)), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
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 are used 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.
Market Dynamics
Increasing prevalence of cardiovascular diseases is expected to drive growth of the global PTA balloon catheter market over the forecast period, For instance, in December 2021, Clinical Epidemiology and Global Health, a multidisciplinary journal, published a report on Cardiovascular disease (CVD) and its associated risk factors among older adults in India: Evidence from LASI Wave 1, which reported that the prevalence of diagnosed CVDs was 29.4% for older adults age 45 and above in India in 2019 whereas the number of people with total (Cardiovascular disease) CVD nearly doubled from 271 million in 1990 to 523 million in 2019, and deaths due to (Cardiovascular disease) CVD climbed significantly from 12.1 million in 1990 to 18.6 million in 2019.
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