Global PTA Balloon Catheters Market 2023
PTA balloon catheters, also known as percutaneous transluminal angioplasty balloon catheters, are medical devices used to treat narrowed or blocked blood vessels. During a percutaneous transluminal angioplasty (PTA) procedure, the balloon catheter is inserted into the narrowed artery or vein and then inflated to compress the plaque or blockage, thus widening the vessel and restoring blood flow. This procedure is often used to treat conditions such as peripheral artery disease (PAD) and coronary artery disease.
The global pta balloon catheters market size is projected to grow by USD 1.2 billion from 2023 to 2029, registering a CAGR of 7.1 percent, according to the latest market data.
This comprehensive industry report provides market estimates and forecasts, accompanied by a detailed examination of the product, and region aspects. It delivers a quantitative analysis of the market, empowering stakeholders to leverage existing market opportunities. Furthermore, the report identifies key segments for potential opportunities and strategies, drawing insights from market trends and the approaches of leading competitors.
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The global market for pta balloon catheters can be segmented by product: standard balloon catheters, PTA peripheral DEB catheters.
Pta balloon catheters market is further segmented by region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America was the highest contributor to the global pta balloon catheters market. Going forward, Asia-Pacific is projected to witness the highest CAGR during the forecast period.
The report has also analyzed the competitive landscape of the global pta balloon catheters market with some of the key players being Abbott Laboratories, Acotec Scientific Holdings Ltd., B. Braun Melsungen AG, Becton, Dickinson and Company, BIOTRONIK SE & Co. KG, Boston Scientific Corporation, Cook Group Incorporated, Cordis Corporation (Hellman & Friedman, LLC), Kaneka Corporation, Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co., Ltd., Medtronic plc, Shockwave Medical, Inc., Terumo Corporation, Tokai Medical Products, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Market Segments Covered in Global PTA Balloon Catheters Industry Analysis:i.) Product
Standard balloon catheters
PTA peripheral DEB catheters
ii.) Region
North America
Europe
Asia-Pacific
MEA (Middle East and Africa)
Latin America