“PTA Balloon Catheter Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pta balloon catheter market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for pta balloon catheter? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The pta balloon catheter market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: Polyurethane; Nylon
- 2) By Application: Coronary Artery Disease; Peripheral Vascular Disease
- 3) By End User: Hospitals; Ambulatory Surgical Centers; Other End Users
- Companies Mentioned: Medtronic plc.; Terumo Corporation; Cook Medical Inc.; Cardinal Health Inc.; Boston Scientific Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the pta balloon catheter market are Medtronic plc., Terumo Corporation, Cook Medical Inc., Cardinal Health Inc., Boston Scientific Corporation, Biotronik SE & Co. KG, Natec Medical Ltd., Andratec GmbH, Surmodics Inc., Abbott Laboratories, B. Braun Melsungen AG, Becton Dickinson and Co., Cardionovum GmbH., TriReme Medical, Creagh Medical, and Cardionovum GmbH.
The global PTA balloon catheter market is expected to grow from $1.95 billion in 2022 to $2.15 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The PTA balloon catheter market is expected to reach $3.09 billion in 2027 at a CAGR of 9.4%.
The PTA balloon catheter market consists of sales of non-compliant (high-pressure) balloons, semi-compliant (mid pressure), and compliant (elastomeric) balloons. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
PTA balloon catheter is a medical procedure that is intended to enlarge a narrowed vessel opening using a small, flexible plastic tube, or catheter, with a "balloon" at the end of it. This is used during the minimally invasive catheterization procedure.
North America was the largest region in the PTA balloon catheter market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the balloon catheter report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of PTA balloon catheters are polyurethane and nylon. Polyurethane is a material that is made from plastic that is in various forms. The various applications include coronary artery disease and peripheral vascular disease, that are used in hospitals, ambulatory surgical centers and others.
The increasing prevalence of cardiovascular disorders is expected to propel the PTA balloon catheter market growth going forward. Cardiovascular disorders refer to a term for the conditions affecting the heart or blood vessels. The rise in cardiovascular diseases would require advanced diagnostics and treatments such as PTA balloon catheters, which would increase the demand for the market. For instance, in October 2022, according to the Center For Disease Control and Prevention, a US-based health organization, one person dies every 34 seconds in the United States from cardiovascular disease, and approximately 69.7k people in the United States died from heart disease in 2020. Therefore, the increasing prevalence of cardiovascular disorders is driving the growth of the PTA balloon catheter market.
Product innovations are a key trend gaining popularity in the PTA balloon catheter market. Major companies operating in the PTA balloon catheter market are focused on developing innovative products to strengthen their position in the market. For instance, in March 2021, Medtronic, an Ireland-based company that provides medical devices, launched a chameleon PTA balloon catheter. The device's unique features include a particular aperture close to the balloon, which allows the administration of diagnostic fluids (such as contrast medium) or therapeutic fluids to the treatment site. This device combines the capabilities of a conventional diagnostic catheter with a high-pressure PTA balloon, allowing for simultaneous angioplasty and injection, less volume utilization, and shorter treatment and fluoroscopy times while maintaining full guidewire access.
In July 2021, Surmodics, Inc., a US-based medical device company, acquired Vetex Medical for $39.9 million. This acquisition would allow Surmodics to accelerate its thrombectomy platform development for future treatment of pulmonary embolism. This acquisition also expand the company's portfolio and it would position the company with two FDA-approved mechanical thrombectomy devices to treat arterial and venous vasculature. Vetex Medical is Iran-based company involved in developing innovative, effective, and efficient catheters and solutions for the removal of venous thromboembolism.
The countries covered in the PTA balloon catheter market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The PTA balloon catheters market research report is one of a series of new reports from The Business Research Company that provides PTA balloon catheters market statistics, including the PTA balloon catheters industry's global market size, regional shares, competitors with a PTA balloon catheters market share, detailed PTA balloon catheters market segments, market trends and opportunities, and any further data you may need to thrive in the PTA balloon catheters industry. This PTA balloon catheters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. PTA Balloon Catheter Market Characteristics
3. PTA Balloon Catheter Market Trends And Strategies
4. PTA Balloon Catheter Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On PTA Balloon Catheter Market
- 4.2. Ukraine-Russia War Impact On PTA Balloon Catheter Market
- 4.3. Impact Of High Inflation On PTA Balloon Catheter Market
5. PTA Balloon Catheter Market Size And Growth
- 5.1. Global PTA Balloon Catheter Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global PTA Balloon Catheter Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. PTA Balloon Catheter Market Segmentation
- 6.1. Global PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Polyurethane
- Nylon
- 6.2. Global PTA Balloon Catheter Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Coronary Artery Disease
- Peripheral Vascular Disease
- 6.3. Global PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hospitals
- Ambulatory Surgical Centers
- Other End Users
7. PTA Balloon Catheter Market Regional And Country Analysis
- 7.1. Global PTA Balloon Catheter Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global PTA Balloon Catheter Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific PTA Balloon Catheter Market
- 8.1. Asia-Pacific PTA Balloon Catheter Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China PTA Balloon Catheter Market
- 9.1. China PTA Balloon Catheter Market Overview
- 9.2. China PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India PTA Balloon Catheter Market
- 10.1. India PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan PTA Balloon Catheter Market
- 11.1. Japan PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia PTA Balloon Catheter Market
- 12.1. Australia PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia PTA Balloon Catheter Market
- 13.1. Indonesia PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea PTA Balloon Catheter Market
- 14.1. South Korea PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe PTA Balloon Catheter Market
- 15.1. Western Europe PTA Balloon Catheter Market Overview
- 15.2. Western Europe PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK PTA Balloon Catheter Market
- 16.1. UK PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany PTA Balloon Catheter Market
- 17.1. Germany PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France PTA Balloon Catheter Market
- 18.1. France PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe PTA Balloon Catheter Market
- 19.1. Eastern Europe PTA Balloon Catheter Market Overview
- 19.2. Eastern Europe PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia PTA Balloon Catheter Market
- 20.1. Russia PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America PTA Balloon Catheter Market
- 21.1. North America PTA Balloon Catheter Market Overview
- 21.2. North America PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA PTA Balloon Catheter Market
- 22.1. USA PTA Balloon Catheter Market Overview
- 22.2. USA PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America PTA Balloon Catheter Market
- 23.1. South America PTA Balloon Catheter Market Overview
- 23.2. South America PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil PTA Balloon Catheter Market
- 24.1. Brazil PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East PTA Balloon Catheter Market
- 25.1. Middle East PTA Balloon Catheter Market Overview
- 25.2. Middle East PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa PTA Balloon Catheter Market
- 26.1. Africa PTA Balloon Catheter Market Overview
- 26.2. Africa PTA Balloon Catheter Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa PTA Balloon Catheter Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. PTA Balloon Catheter Market Competitive Landscape And Company Profiles
- 27.1. PTA Balloon Catheter Market Competitive Landscape
- 27.2. PTA Balloon Catheter Market Company Profiles
- 27.2.1. Medtronic plc.
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Terumo Corporation
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Cook Medical Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Cardinal Health Inc.
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Boston Scientific Corporation
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The PTA Balloon Catheter Market
29. PTA Balloon Catheter Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer