1h Free Analyst Time
The PTA Balloon Catheter Market size was estimated at USD 2.82 billion in 2023, USD 3.01 billion in 2024, and is expected to grow at a CAGR of 6.91% to reach USD 4.51 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
A percutaneous transluminal angioplasty (PTA) balloon catheter is a type of catheter used primarily in the treatment of cardiovascular diseases. A PTA balloon catheter has an inflatable balloon-like structure at its tip, which is used during a minimally invasive catheterization procedure. PTA balloon catheters find widespread applications in a broad spectrum of medical arenas, such as cardiac, peripheral, and neurovascular procedures. The rising incidences of cardiovascular diseases and a growing geriatric population have necessitated the adoption of PTA balloon catheters in healthcare facilities. Expanding healthcare infrastructure and government initiatives to expand access to cardiovascular healthcare and raise awareness about cardiovascular issues have further expanded the utilization of PTA balloon catheters. However, stringent regulatory norms and approval processes, rising cases of product recalls, and high product pricing pose hurdles to the widespread adoption of PTA balloon catheter devices. Furthermore, the functional complexities and technical limitations of these catheters also impede the growth of PTA balloon catheters. However, investments by major players in areas of product and technology innovation can help circumvent challenges related to the technical limitations of PTA balloon catheters. Key areas of research and innovation include improving catheter design and enhancing biocompatibility.
Regional Insights
The technological advancements in healthcare infrastructure in the Americas region coupled with the surging rate of cardiovascular diseases, have necessitated the adoption of PTA balloon catheters for therapeutic procedures. The presence of established medical device manufacturers acts as a stimulant to the burgeoning adoption of PTA balloon catheters in the region. The utilization of PTA balloon catheters is equally significant in Europe, with trends suggesting a surge in minimally invasive surgeries considering their cost-effectiveness and shorter hospital stays. Many European nations have been influential in endorsing the use of PTA balloon catheters. Furthermore, the stringent regulatory landscape of medical devices in Europe mandates the use of tested and approved devices such as PTA balloon catheters, further solidifying their widespread usage across hospitals, clinics, and healthcare settings. The Asia Pacific, comprising China, Japan, and India, is projected to show significant growth in the PTA balloon catheter space. This is due to rising improvements in healthcare infrastructure and an increased focus on research and development in medical devices. Moreover, China's capacity for mass production and India's cost-effective manufacturing could provide future opportunities for the growth of PTA balloon catheters.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the PTA Balloon Catheter Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the PTA Balloon Catheter Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the PTA Balloon Catheter Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Accura Medizintechnik GmbH, Andratec GmbH, AV Medical Technologies Ltd., B. Braun SE, Becton, Dickinson and Company, Biosensors International Group, Ltd., BIOTRONIK SE & Co. KG, Boston Scientific Corporation, BrosMed Medical Co., Ltd, Cardinal Health, Inc., Conic Vascular, Cook Medical Inc., Freudenberg & Co. KG, Infinity Angioplasty Balloon Company, Koninklijke Philips N.V., Leo Medical Co.,Ltd., Medcaptain Medical Technology Co., Ltd., Medtronic PLC, Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, Nordson Corporation, NuMED, Poba Medical, Q3 Medical Devices Limited, QX Medical LLC, Ridgeback Technologies, Simeks Medical, Teleflex Incorporated, and Terumo Medical Corporation.Market Segmentation & Coverage
This research report categorizes the PTA Balloon Catheter Market to forecast the revenues and analyze trends in each of the following sub-markets:- Matrerial
- Nylon
- Polyurethane
- Distribution Channel
- Offline
- Online
- Application
- Coronary Artery Disease
- Peripheral Vascular Disease
- End-User
- Ambulatory Surgery Centers
- Hospitals or Clinics
- Specialist Clinics
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the PTA Balloon Catheter Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the PTA Balloon Catheter Market?
- What are the technology trends and regulatory frameworks in the PTA Balloon Catheter Market?
- What is the market share of the leading vendors in the PTA Balloon Catheter Market?
- Which modes and strategic moves are suitable for entering the PTA Balloon Catheter Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. PTA Balloon Catheter Market, by Matrerial
7. PTA Balloon Catheter Market, by Distribution Channel
8. PTA Balloon Catheter Market, by Application
9. PTA Balloon Catheter Market, by End-User
10. Americas PTA Balloon Catheter Market
11. Asia-Pacific PTA Balloon Catheter Market
12. Europe, Middle East & Africa PTA Balloon Catheter Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- Abbott Laboratories
- Accura Medizintechnik GmbH
- Andratec GmbH
- AV Medical Technologies Ltd.
- B. Braun SE
- Becton, Dickinson and Company
- Biosensors International Group, Ltd.
- BIOTRONIK SE & Co. KG
- Boston Scientific Corporation
- BrosMed Medical Co., Ltd
- Cardinal Health, Inc.
- Conic Vascular
- Cook Medical Inc.
- Freudenberg & Co. KG
- Infinity Angioplasty Balloon Company
- Koninklijke Philips N.V.
- Leo Medical Co.,Ltd.
- Medcaptain Medical Technology Co., Ltd.
- Medtronic PLC
- Meril Life Sciences Pvt. Ltd.
- MicroPort Scientific Corporation
- Nordson Corporation
- NuMED
- Poba Medical
- Q3 Medical Devices Limited
- QX Medical LLC
- Ridgeback Technologies
- Simeks Medical
- Teleflex Incorporated
- Terumo Medical Corporation
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 184 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 3.01 Billion |
| Forecasted Market Value ( USD | $ 4.51 Billion |
| Compound Annual Growth Rate | 6.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
