Advanced Balloon Catheter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

Advanced Balloon Catheter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

The Global Advanced Balloon Catheter Market is anticipated to witness a growth of steady CAGR in the forecast period, 2024-2028. This can be ascribed to the rising prevalence of different chronic heart diseases and growing geriatric populations across the region. The increasing demand for minimally invasive procedures in emerging countries and the development of advanced cardiovascular devices will further enhance the overall market demand for balloon catheters during the forecast period. The other factors supporting the market’s growth are the growing incidence of cancers in the pelvic region affecting the urinary system along with the technical development of drug-coated balloon catheters aimed at drug delivery at the site of action is expected to propel the growth of the market. Moreover, the rise in the research and development activities in the medical sector and the rise in the adoption of various new technology are the contributing factors to the growth of the market.

Increasing prevalence of cardiovascular diseases across the globe

The increasing prevalence of coronary heart disease and deaths occurring in emerging countries due to a lack of health care services in rural areas is expected to create lucrative growth during the forecast period. According to the Central For Diseases Control, Every year, about 805,000 people in the United States have a heart attack and about 1 in 5 heart attacks are silent, the damage is done, but the person is not aware of it. Similarly, increasing need for surgical intervention for the treatment of cardiovascular disorders enhances the demand for Percutaneous Transluminal Angioplasty (PTA) balloon catheters during the forecast period. According to a research article published by the NCBI in 2018, more than 200 million people suffer from Peripheral Artery Disease (PAD) across the globe.

Advancements in surgical procedure propel the market growth

Growing demand for angioplasty over conventional surgery has gained a significant preference among patients due to its minimally invasive procedure and better outcomes which are expected to create lucrative growth during the forecast period. Peripheral artery diseases majorly include this procedure for the use of catheters to clear blocked arteries. Similarly, the growing demand for minimally invasive surgeries along with increasing the number of catheterization laboratories across the region is expected to create lucrative growth during the forecast period. Also, growing initiatives and investments by government and private organizations for the development of healthcare infrastructure in underdeveloped regions will further propel the market growth during the forecast period. According to the American Cancer Society’s estimates for bladder cancer in the United States for 2022 are about 81,180 new cases of bladder cancer (about 61,700 in men and 19,480 in women) and about 17,100 deaths from bladder cancer (about 12,120 in men and 4,980 in women).

Favourable Reimbursement Landscape in Developed Economies Foster the Market Growth

In the developing region, the reimbursement procedure depends on the citizen’s fulfilment of the prerequisites documents so some developing countries like the U.S, the UK, Canada, and Japan have this procedure which will enhance the growth of the healthcare sector during the forecast period. However, different private insurance company also provide the reimbursement procedure for patients other than angioplasties procedures like kyphoplasty and sinuplasty are also reimbursed which will boost the market growth over the years. However, in Europe, in the case of usage of advanced balloon catheters, like drug-coated balloon catheters for a procedure, additional reimbursement is also offered considering the high cost of the device. Thus, the favourable reimbursement landscape for angioplasties and other balloon catheter procedures will significantly impact the sales of advanced balloon catheters.

Market Segmentation

The global advanced balloon catheter market is segmented into raw material type, application, end users, and region. Based on raw material type, the market can be segmented into Nylon, PET, Polyurethane, and Others. Based on the application, the market can be segmented into Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, and Other Procedures. Based on end users, the market can be differentiated into Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, and Others. In terms of country, the United States is expected to be a lucrative market in the forecast period due to the growing demand for advanced technology used for the treatment of cardiovascular diseases in the country.

Recent Development

  • According to a press release, Advance Serenity is a hydrophilic-coated angioplasty balloon catheter designed to meet the technical needs of clinicians for treatment of patients who suffer from Peripheral Artery Disease (PAD) which includes below-the-knee disease.
Market Players

Abbott Laboratories., Boston Scientific Corporation., Medtronic plc,Terumo Corporation, MicroPort, Scientific Corporation, B. Braun Melsungen AG, Meril Life Sciences Pvt. Ltd., Hexacath, Tokai Medical Products Inc. are some of the leading players operating in the global advanced balloon catheter market.

Report Scope:

In this report, the global advanced balloon catheter market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • Advanced Balloon Catheter Market, By Raw Material Type:
  • Nylon
  • PET
  • Polyurethane
  • Others
  • Advanced Balloon Catheter Market, By Application:
  • Coronary Procedures
  • Peripheral Procedures
  • Neurovascular Procedures
  • Other Procedures
  • Advanced Balloon Catheter Market, By End-Users:
  • Hospitals and Ambulatory Surgical Centers
  • Catheterization Laboratories
  • Others
  • Advanced Balloon Catheter Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Advanced Balloon Catheter Market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Advanced Balloon Catheter Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Raw Material Type (Nylon, PET, Polyurethane, Others)
5.2.2. By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, Other Procedures)
5.2.3. By End Users (Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, Others)
5.2.4. By Region
5.2.5. By Company (2022)
5.3. Market Map
6. North America Advanced Balloon Catheter Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Raw Material Type (Nylon, PET, Polyurethane, Others)
6.2.2. By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, Other Procedures)
6.2.3. By End Users (Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, Others)
6.2.4. By Country
6.3. North America: Country Analysis
6.3.1. United States Advanced Balloon Catheter Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Raw Material Type
6.3.1.2.2. By Application
6.3.1.2.3. By End User
6.3.2. Canada Advanced Balloon Catheter Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Raw Material Type
6.3.2.2.2. By Application
6.3.2.2.3. By End User
6.3.3. Mexico Advanced Balloon Catheter Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Raw Material Type
6.3.3.2.2. By Application
6.3.3.2.3. By End User
7. Europe Advanced Balloon Catheter Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Raw Material Type (Nylon, PET, Polyurethane, Others)
7.2.2. By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, Other Procedures)
7.2.3. By End Users (Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, Others)
7.2.4. By Country
7.3. Europe: Country Analysis
7.3.1. France Advanced Balloon Catheter Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Raw Material Type
7.3.1.2.2. By Application
7.3.1.2.3. By End User
7.3.2. Germany Advanced Balloon Catheter Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Raw Material Type
7.3.2.2.2. By Application
7.3.2.2.3. By End User
7.3.3. United Kingdom Advanced Balloon Catheter Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Raw Material Type
7.3.3.2.2. By Application
7.3.3.2.3. By End User
7.3.4. Italy Advanced Balloon Catheter Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Raw Material Type
7.3.4.2.2. By Application
7.3.4.2.3. By End User
7.3.5. Spain Advanced Balloon Catheter Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Raw Material Type
7.3.5.2.2. By Application
7.3.5.2.3. By End User
8. Asia-Pacific Advanced Balloon Catheter Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Raw Material Type (Nylon, PET, Polyurethane, Others)
8.2.2. By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, Other Procedures)
8.2.3. By End Users (Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, Others)
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Advanced Balloon Catheter Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Raw Material Type
8.3.1.2.2. By Application
8.3.1.2.3. By End User
8.3.2. India Advanced Balloon Catheter Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Raw Material Type
8.3.2.2.2. By Application
8.3.2.2.3. By End User
8.3.3. Japan Advanced Balloon Catheter Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Raw Material Type
8.3.3.2.2. By Application
8.3.3.2.3. By End User
8.3.4. South Korea Advanced Balloon Catheter Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Raw Material Type
8.3.4.2.2. By Application
8.3.4.2.3. By End User
8.3.5. Australia Advanced Balloon Catheter Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Raw Material Type
8.3.5.2.2. By Application
8.3.5.2.3. By End User
9. South America Advanced Balloon Catheter Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Raw Material Type (Nylon, PET, Polyurethane, Others)
9.2.2. By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, Other Procedures)
9.2.3. By End Users (Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, Others)
9.2.4. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Advanced Balloon Catheter Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Raw Material Type
9.3.1.2.2. By Application
9.3.1.2.3. By End User
9.3.2. Argentina Advanced Balloon Catheter Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Raw Material Type
9.3.2.2.2. By Application
9.3.2.2.3. By End User
9.3.3. Colombia Advanced Balloon Catheter Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Raw Material Type
9.3.3.2.2. By Application
9.3.3.2.3. By End User
10. Middle East and Africa Advanced Balloon Catheter Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Raw Material Type (Nylon, PET, Polyurethane, Others)
10.2.2. By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, Other Procedures)
10.2.3. By End Users (Hospitals and Ambulatory Surgical Centres, Catheterization Laboratories, Others)
10.2.4. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Advanced Balloon Catheter Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Raw Material Type
10.3.1.2.2. By Application
10.3.1.2.3. By End User
10.3.2. Saudi Arabia Advanced Balloon Catheter Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Raw Material Type
10.3.2.2.2. By Application
10.3.2.2.3. By End User
10.3.3. UAE Advanced Balloon Catheter Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Raw Material Type
10.3.3.2.2. By Application
10.3.3.2.3. By End User
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Recent Developments
12.2. Mergers & Acquisitions
12.3. Product Launches
13. Global Advanced Balloon Catheter Market: SWOT Analysis
14. Porter’s Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Business Overview
15.2. Product Offerings
15.3. Recent Developments
15.4. Financials (As Reported)
15.5. Key Personnel
15.6. SWOT Analysis
18.6.1 Abbott Laboratories.
18.6.2 Boston Scientific Corporation.
18.6.3 Medtronic plc
18.6.4 Terumo Corporation
18.6.5 MicroPort
18.6.6 Scientific Corporation
18.6.7 B. Braun Melsungen AG
18.6.8 Meril Life Sciences Pvt. Ltd.
18.6.9 Hexacath
18.6.10 Tokai Medical Products Inc.
16. Strategic Recommendations

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings