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PTA Balloon Catheter Market Share, Size, Trends, Industry Analysis Report, By Material (Nylon, Polyurethane, Others); By Application; By End Use; By Region; Segment Forecast, 2024- 2032
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Cardinal Health, Inc.
Cook Medical Inc.
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Medtronic plc
Merit Medical Systems, Inc.
Natec Medical Ltd.
Philips
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The global PTA Balloon Catheter market size is expected to reach USD 3.63 billion by 2032, according to a new study by Polaris Market Research. The report "PTA Balloon Catheter Market Share, Size, Trends, Industry Analysis Report, By Material (Nylon, Polyurethane, Others); By Application; By End Use; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the PTA balloon catheter market is propelled by increasing global healthcare expenditure. As economies expand and healthcare infrastructure improves, there's greater access to advanced treatments for vascular conditions like PAD and CAD. Governments and private healthcare sectors allocate more resources to cardiovascular care, including advanced medical devices such as PTA balloon catheters. Additionally, with the rising prevalence of cardiovascular diseases, there's a surge in demand for minimally invasive treatments. PTA balloon catheters offer less invasive options, aligning with patient-centered care and value-based healthcare trends.
Advancements in medical technology have facilitated a shift towards minimally invasive outpatient treatments for conditions like Peripheral Artery Disease (PAD). Outpatient procedures offer cost savings, shorter hospital stays, quicker recovery, and enhanced patient convenience. PTA balloon catheters play a crucial role in these procedures, enabling physicians to perform angioplasty without hospitalization. As healthcare systems prioritize outpatient care and ambulatory surgery, the demand for PTA balloon catheters is increasing, driving market growth to meet the needs of outpatient-focused healthcare delivery.
The increasing incidence of diabetes and obesity is fueling the expansion of the PTA balloon catheter market. Both conditions elevate the risk of vascular diseases like PAD and CAD, leading to arterial blockages and compromised blood flow. With diabetes-related complications such as atherosclerosis and obesity-associated issues like high cholesterol and hypertension on the rise globally, there's a growing demand for minimally invasive treatments. PTA balloon catheters offer a less invasive option for restoring blood flow in blocked arteries, making them preferred for managing vascular diseases in diabetic and obese patients.
Developing nations are experiencing economic growth and improved healthcare infrastructure, leading to increased demand for minimally invasive procedures to address cardiovascular diseases. The expansion of emerging markets presents significant opportunities for market growth as healthcare providers and patients seek access to innovative medical devices. Additionally, the rising prevalence of risk factors such as diabetes and obesity in these regions further drives the demand for PAD treatments, contributing to the expansion of the PTA balloon catheter market.
PTA Balloon Catheter Market Report Highlights
In 2023, the nylon segment held a significant revenue share owing to strength and durability, cost-effectiveness, and flexibility.
In 2023, the peripheral artery disease segment held a significant revenue share owing to the increasing aging population, the high prevalence of peripheral artery disease, and advancements in treatment modalities.
In 2023, the hospitals and clinics segment held a significant revenue share owing to high procedure volume, specialized facilities, and access to advanced technologies.
In 2023, the North America region accounted for a significant market share due to advanced healthcare infrastructure, presence of key market players, and high prevalence of cardiovascular diseases.
The market is highly competitive owing to the existence of market players with a global presence, including B. Braun Melsungen AG, Becton, Dickinson and Company, Biotronik, Boston Scientific Corporation, Cardinal Health, Inc., Cook Medical Inc., Medtronic plc, and Merit Medical Systems, Inc. among others.
Polaris Market Research has segmented the PTA Balloon Catheter market report based on material, application, end use, and region:
PTA Balloon Catheter, Material Outlook (Revenue - USD Billion, 2019 - 2032)
Nylon
Polyurethane
Others
PTA Balloon Catheter, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Coronary Artery Disease
Peripheral Artery Disease
PTA Balloon Catheter, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
Hospital and Clinics
Ambulatory Surgical Centers
Others
PTA Balloon Catheter, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Netherlands
Spain
Russia
Rest of Europe
Asia Pacific
Japan
China
India
Malaysia
Indonesia
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
3. Research Methodology
3.1. Overview
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global PTA Balloon Catheter Market Insights
4.1. PTA Balloon Catheter Market - End Use Snapshot
4.2. PTA Balloon Catheter Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rising prevalence of peripheral artery disease is projected to spur the product demand
4.2.1.2. Growing preference for minimally invasive procedures is expected to drive PTA balloon catheter market growth
4.2.2. Restraints and Challenges
4.2.2.1. High cost of procedures is likely to impede the market growth
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. PTA Balloon Catheter Market End Use Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global PTA Balloon Catheter Market, by Material
5.1. Key Findings
5.2. Introduction
5.2.1. Global PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
5.3. Nylon
5.3.1. Global PTA Balloon Catheter Market, by Nylon, by Region, 2019-2032 (USD Billion)
5.4. Polyurethane
5.4.1. Global PTA Balloon Catheter Market, by Polyurethane, by Region, 2019-2032 (USD Billion)
5.5. Others
5.5.1. Global PTA Balloon Catheter Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global PTA Balloon Catheter Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
6.3. Coronary Artery Disease
6.3.1. Global PTA Balloon Catheter Market, by Coronary Artery Disease, by Region, 2019-2032 (USD Billion)
6.4. Peripheral Artery Disease
6.4.1. Global PTA Balloon Catheter Market, by Peripheral Artery Disease, by Region, 2019-2032 (USD Billion)
7. Global PTA Balloon Catheter Market, by End Use
7.1. Key Findings
7.2. Introduction
7.2.1. Global PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
7.3. Hospital and Clinics
7.3.1. Global PTA Balloon Catheter Market, by Hospital and Clinics, By Region, 2019-2032 (USD Billion)
7.4. Ambulatory Surgical Centers
7.4.1. Global PTA Balloon Catheter Market, by Ambulatory Surgical Centers, By Region, 2019-2032 (USD Billion)
7.5. Others
7.5.1. Global PTA Balloon Catheter Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global PTA Balloon Catheter Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. PTA Balloon Catheter Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. PTA Balloon Catheter Market - North America
8.3.1. North America: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.3.2. North America: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.3.3. North America: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.3.4. PTA Balloon Catheter Market - U.S.
8.3.4.1. U.S.: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.3.4.2. U.S.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.3.4.3. U.S.: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.3.5. PTA Balloon Catheter Market - Canada
8.3.5.1. Canada: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.3.5.2. Canada.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.3.5.3. Canada: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4. PTA Balloon Catheter Market - Europe
8.4.1. Europe: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.2. Europe.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.3. Europe: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.4. PTA Balloon Catheter Market - UK
8.4.4.1. UK: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.4.2. UK.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.4.3. UK: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.5. PTA Balloon Catheter Market - France
8.4.5.1. France: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.5.2. France.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.5.3. France: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.6. PTA Balloon Catheter Market - Germany
8.4.6.1. Germany: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.6.2. Germany.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.6.3. Germany: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.7. PTA Balloon Catheter Market - Italy
8.4.7.1. Italy: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.7.2. Italy.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.7.3. Italy: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.8. PTA Balloon Catheter Market - Spain
8.4.8.1. Spain: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.8.2. Spain.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.8.3. Spain: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.9. PTA Balloon Catheter Market - Netherlands
8.4.9.1. Netherlands: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.4.10. PTA Balloon Catheter Market - Russia
8.4.10.1. Russia: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.4.10.2. Russia.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.4.10.3. Russia: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5. PTA Balloon Catheter Market - Asia Pacific
8.5.1. Asia Pacific: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5.4. PTA Balloon Catheter Market - China
8.5.4.1. China: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.4.2. China.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.4.3. China: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5.5. PTA Balloon Catheter Market - India
8.5.5.1. India: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.5.2. India.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.5.3. India: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5.6. PTA Balloon Catheter Market - Malaysia
8.5.6.1. Malaysia: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5.7. PTA Balloon Catheter Market - Japan
8.5.7.1. Japan: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.7.2. Japan.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.7.3. Japan: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5.8. PTA Balloon Catheter Market - Indonesia
8.5.8.1. Indonesia: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.5.9. PTA Balloon Catheter Market - South Korea
8.5.9.1. South Korea: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.5.9.3. South Korea: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.6. PTA Balloon Catheter Market - Middle East & Africa
8.6.1. Middle East & Africa: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.6.4. PTA Balloon Catheter Market - Saudi Arabia
8.6.4.1. Saudi Arabia: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.6.5. PTA Balloon Catheter Market - UAE
8.6.5.1. UAE: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.6.5.2. UAE.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.6.5.3. UAE: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.6.6. PTA Balloon Catheter Market - Israel
8.6.6.1. Israel: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.6.6.2. Israel.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.6.6.3. Israel: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.6.7. PTA Balloon Catheter Market - South Africa
8.6.7.1. South Africa: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.6.7.3. South Africa: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.7. PTA Balloon Catheter Market - Latin America
8.7.1. Latin America: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.7.2. Latin America.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.7.3. Latin America: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.7.4. PTA Balloon Catheter Market - Mexico
8.7.4.1. Mexico: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.7.4.3. Mexico: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.7.5. PTA Balloon Catheter Market - Brazil
8.7.5.1. Brazil: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.7.5.3. Brazil: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
8.7.6. PTA Balloon Catheter Market - Argentina
8.7.6.1. Argentina: PTA Balloon Catheter Market, by Material, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: PTA Balloon Catheter Market, by End Use, 2019-2032 (USD Billion)
8.7.6.3. Argentina: PTA Balloon Catheter Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Abbott Laboratories
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Andratec
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. B. Braun Melsungen AG
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Becton, Dickinson and Company
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Biotronik
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Boston Scientific Corporation
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Cardinal Health, Inc.
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Cook Medical Inc.
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Endocor GmbH
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Medtronic plc
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. Merit Medical Systems, Inc.
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Natec Medical Ltd.
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Philips
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Surmodics, Inc.
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. Terumo Corporation
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
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