Percutaneous Transluminal Angioplasty Balloons Catheter Market, By Type (Standard PTA Ballons, High Pressure PTA Ballons, Others), By Material Type (Polyurethane, Nylon, Others), By Application (Peripheral Artery Disease and Coronary Artery Disease), By E
Percutaneous Transluminal Angioplasty Balloons Catheter Market, By Type (Standard PTA Ballons, High Pressure PTA Ballons, Others), By Material Type (Polyurethane, Nylon, Others), By Application (Peripheral Artery Disease and Coronary Artery Disease), By End User (Hospital, Ambulatory Surgical Centers, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
Percutaneous transluminal angioplasty (PTA) balloons catheters are used to widen arteries or veins that have been narrowed due to atherosclerosis or other conditions. PTA is a minimally invasive procedure that uses a balloon catheter to dilate stenosed or blocked blood vessels. The catheter is inserted into the femoral or brachial artery and threaded through to the site of narrowing under x-ray guidance. The balloon is then inflated, compressing plaque against the vessel walls to expand the artery. With repeated inflation-deflation cycles, the artery or vein is widened, improving blood flow. PTA balloons catheters have revolutionized the treatment of peripheral artery disease and coronary artery disease.
Market Dynamics
Global percutaneous transluminal angioplasty balloons catheters market growth is driven by rising geriatric population, increasing prevalence of cardiovascular diseases, and growing preference for minimally invasive procedures. Technological advancements in catheter design along with development of drug-coated balloons and bioabsorbable stents can drive the market growth. However, product recalls and failures can hamper the market growth. High cost of newer balloon catheter technologies can also hamper the market growth. The market witness opportunities in emerging markets due to improving access to healthcare. Key players are focusing on new product launches, collaborations and acquisitions to strengthen their product portfolios and geographic presence.
Key features of the study
This report provides in-depth analysis of the global percutaneous transluminal angioplasty balloons catheters market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 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 percutaneous transluminal angioplasty balloons catheters market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Boston Scientific Corporation, Cardinal Health, BD, Medtronic, Terumo Medical Corporation, Cook Medical, Biotronik, AndraTec, Natec Medical, Shockwave Medical Inc., Abbott, Nipro Group Companies, Teleflex Incorporated, MicroPort Scientific Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global percutaneous transluminal angioplasty balloons catheters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Market Segmentation
By Type Insights (Revenue, USD Bn, 2019 - 2031)
Standard PTA Ballons
High Pressure PTA Ballons
Others
By Material Type Insights (Revenue, USD Bn, 2019 - 2031)
Polyurethane
Nylon
Others
By Application Insights (Revenue, USD Bn, 2019 - 2031)
Peripheral Artery Disease
Coronary Artery Disease
By End User Insights (Revenue, USD Bn, 2019 - 2031)
Hospital
Ambulatory Surgical Centers
Others
Regional Insights (Revenue, USD Bn, 2019 - 2031)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
Boston Scientific Corporation
Cardinal Health
BD
Medtronic
Terumo Medical Corporation
Cook Medical
Biotronik
AndraTec
Natec Medical
Shockwave Medical Inc.
Abbott
Nipro Group Companies
Teleflex Incorporated
MicroPort Scientific Corporation
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Percutaneous Transluminal Angioplasty Balloons Catheter Market, By Type
Percutaneous Transluminal Angioplasty Balloons Catheter Market, By Material Type
Percutaneous Transluminal Angioplasty Balloons Catheter Market, By Application
Percutaneous Transluminal Angioplasty Balloons Catheter Market, By End User
Percutaneous Transluminal Angioplasty Balloons Catheter Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis