Product Code: CMI5194
The percutaneous transluminal coronary angioplasty (PTCA) balloon catheter market is estimated to be valued at USD 2.59 Bn in 2024 and is expected to reach USD 4.93 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
2.59 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
9.60% |
2031 Value Projection: |
4.93 Bn |
Figure. Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market Share (%), By Region, 2024
Percutaneous transluminal coronary angioplasty (PTCA) balloon catheter aims to widen clogged or narrowed coronary arteries to restore proper blood flow to the heart. PTCA is a non-surgical procedure that involves inserting a slender tube called a catheter into an artery, usually in the groin area, and guided it into the coronary arteries using X-ray images to find the clog or narrowing. Once located, a small deflated balloon at the tip of the catheter is inflated, compressing and flattening the plaque to widen the artery. After deflation and removal of the catheter, an empty metal mesh tube called a stent may be placed to keep the artery open. PTCA is considered revolutionary technique that revolutionized treatment of coronary artery disease.
Market Dynamics:
Global percutaneous transluminal coronary angioplasty (PTCA) balloon catheter market is expected to witness high growth due to the rising prevalence of cardiovascular diseases and the increasing preference for PTCA balloon catheters over open-heart surgeries. Additionally, growing geriatric population, which is more prone to cardiovascular diseases, along with technological advancements in PTCA balloon catheters, further contributes to this market expansion. However, stringent regulatory approval process for new product launches and availability of alternative treatment modality like drug-eluting stents are restraining the market growth. Development of affordable and innovative bioabsorbable stents and advent of new generation drug coated balloons present high growth opportunities for market players.
Key Features of the Study:
This report provides in-depth analysis of the global percutaneous transluminal coronary angioplasty (PTCA) balloon catheter market, and provides market size (US$ 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 approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global percutaneous transluminal coronary angioplasty (PTCA) balloon catheter 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, Nipro Group Companies, Teleflex Incorporated, and 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 coronary angioplasty (PTCA) balloon catheter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global percutaneous transluminal coronary angioplasty (PTCA) balloon catheter market
Market Segmentation
- Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Normal Balloon Catheter
- Drug Eluting Balloon Catheter
- Cutting Balloon Catheter
- Scoring Balloon Catheter
- Ballon Material Insights (Revenue, USD Bn, 2019 - 2031)
- Polyolefin copolymer (POC)
- Polyethylene (PE)
- Polyethylene terephthalate (PET)
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Peripheral Artery Disease
- Coronary Artery Disease
- End User Insights (Revenue, USD, 2019 - 2031)
- Hospitals
- 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
- Nipro Group Companies
- Teleflex Incorporated
- MicroPort Scientific Corporation
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Product Type
- Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Ballon Material
- Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Application
- Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By End User
- Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
- Market Trends
4. Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Product Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Normal Balloon Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Drug Eluting Balloon Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Cutting Balloon Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Scoring Balloon Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Ballon Material, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Polyolefin copolymer (POC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Polyethylene (PE)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Polyethylene terephthalate (PET)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Peripheral Artery Disease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Coronary Artery Disease
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By End User, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
8. Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheter Market, By Region, 2019 - 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Ballon Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Ballon Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Ballon Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Ballon Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Ballon Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Ballon Material, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End User, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
9. Competitive Landscape
- Boston Scientific Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cardinal Health
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BD
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Medtronic
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Terumo Medical Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Cook Medical
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Biotronik
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AndraTec
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Natec Medical
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Shockwave Medical Inc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nipro Group Companies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Teleflex Incorporated
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- MicroPort Scientific Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. References and Research Methodology
- References
- Research Methodology
- About us