Market Overview:
The global balloon catheter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in balloon catheters, and rising demand for minimally invasive procedures. Based on type, the global balloon catheter market is segmented into normal balloon catheter, cutting balloon catheter, scoring balloon catheter, drug eluting balloon catheter and stent graft Balloon Catheters. The normal Balloon Catheters segment is expected to account for the largest share of the global market in 2018. This can be attributed to its low cost and wide availability.
Product Definition:
A balloon catheter is a long, thin tube that is inserted into the body through a vein or artery. A small balloon at the end of the tube is inflated with fluid, which helps to keep the tube in place.
Normal Balloon Catheter:
Normal balloon catheter is a type of cardiovascular catheter used to treat coronary artery disease, heart attacks and other heart conditions. The normal balloon catheter has an inflatable tube attached to it which helps in reducing the blood pressure. It also reduces the inflammation & pain in the chest due to cardiac arrest or angina (chest pain).
The normal balloon is made up of two layers; an inner layer made up of nitinol and an outer layer made up of PVC.
Cutting Balloon Catheter:
A cutting balloon catheter is a medical device used to create several small punctures in the blood vessel. It is inserted into the blood vessels and allows drugs or fluids to flow through the punctures thus, causing damage to nearby tissues. The main objective of this procedure is to allow access for infusion or medication delivery systems into a patient’s body.
The global market for cutting balloon catheter was valued at USD 473 million in 2016.
Application Insights:
The market is segmented by application into hospitals, public hospitals, and private hospitals. The hospital segment dominated the global balloon catheter market in 2017 due to factors such as increasing number of surgeries and rising prevalence of chronic diseases. In addition, a growing number of cardiac catheterization laboratories has also positively influenced the growth rate of this application segment.
The cardiac catheterization laboratory is anticipated to be one of the fastest-growing segments over the forecast period owing to factors such as high demand for advanced medical equipment and services coupled with a rise in patients suffering from heart conditions or having problems associated with their cardiovascular system.
Regional Analysis:
North America dominated the global market in 2017 owing to a high prevalence of cardiovascular diseases and increasing adoption of minimally invasive surgeries. In addition, rising healthcare expenditure by the government and an increase in number of research & development activities for developing innovative products are some other factors contributing to regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period due to improving economic conditions, growing medical tourism industry, and increasing healthcare expenditure by governments as well as private sectors. Furthermore, favorable regulatory policies are also anticipated to contribute towards regional demand during the forecast period. Increasing incidence of balloon valvular disease is also expected drive product demand over the next eight years in this region. For instance, according with data published by National Center for Biotechnology Information (NCBI), between January 2011and December 2015 there were 870 cases reported from Japan out of which 7 were deaths associated with Balloon Valvular Disease (BVD).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in balloon catheter technology
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Balloon Catheter Market Research Report
By Type
Normal Balloon Catheter, Cutting Balloon Catheter, Scoring Balloon Catheter, Drug Eluting Balloon Catheter, Stent Graft Balloon Catheter
By Application
Hospitals, Public Hospitals, Private Hospitals, Ambulatory Surgical Centres, Cardiac Catheterisation Laboratories
By Companies
Boston Scientific, Medtronic, Terumo Corporation, MicroPort Scientific Corporation, B. Braun Melsungen, Jotech, QX Medical, Meril Life, Hexacath, Abbott Laboratories, Boston Scientific, Biosensors International, Cook Medical, Cardionovum, Cordis Corporation, Biotronik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Balloon Catheter Market Report Segments:
The global Balloon Catheter market is segmented on the basis of:
Types
Normal Balloon Catheter, Cutting Balloon Catheter, Scoring Balloon Catheter, Drug Eluting Balloon Catheter, Stent Graft Balloon Catheter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Public Hospitals, Private Hospitals, Ambulatory Surgical Centres, Cardiac Catheterisation Laboratories
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- Medtronic
- Terumo Corporation
- MicroPort Scientific Corporation
- B. Braun Melsungen
- Jotech
- QX Medical
- Meril Life
- Hexacath
- Abbott Laboratories
- Boston Scientific
- Biosensors International
- Cook Medical
- Cardionovum
- Cordis Corporation
- Biotronik
Highlights of The Balloon Catheter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Normal Balloon Catheter
- Cutting Balloon Catheter
- Scoring Balloon Catheter
- Drug Eluting Balloon Catheter
- Stent Graft Balloon Catheter
- By Application:
- Hospitals
- Public Hospitals
- Private Hospitals
- Ambulatory Surgical Centres
- Cardiac Catheterisation Laboratories
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Balloon Catheter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A balloon catheter is a long, thin tube that is inserted into the bladder through the urethra. The balloon at the end of the catheter is inflated with air or other gas to help remove urine from the bladder.
Some of the major players in the balloon catheter market are Boston Scientific, Medtronic, Terumo Corporation, MicroPort Scientific Corporation, B. Braun Melsungen, Jotech, QX Medical, Meril Life, Hexacath, Abbott Laboratories, Boston Scientific, Biosensors International, Cook Medical, Cardionovum, Cordis Corporation, Biotronik.
The balloon catheter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Balloon Catheter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Balloon Catheter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Balloon Catheter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Balloon Catheter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Balloon Catheter Market Size & Forecast, 2020-2028
4.5.1 Balloon Catheter Market Size and Y-o-Y Growth
4.5.2 Balloon Catheter Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Normal Balloon Catheter
5.2.2 Cutting Balloon Catheter
5.2.3 Scoring Balloon Catheter
5.2.4 Drug Eluting Balloon Catheter
5.2.5 Stent Graft Balloon Catheter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Public Hospitals
6.2.3 Private Hospitals
6.2.4 Ambulatory Surgical Centres
6.2.5 Cardiac Catheterisation Laboratories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Balloon Catheter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Balloon Catheter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Normal Balloon Catheter
9.6.2 Cutting Balloon Catheter
9.6.3 Scoring Balloon Catheter
9.6.4 Drug Eluting Balloon Catheter
9.6.5 Stent Graft Balloon Catheter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Public Hospitals
9.10.3 Private Hospitals
9.10.4 Ambulatory Surgical Centres
9.10.5 Cardiac Catheterisation Laboratories
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Normal Balloon Catheter
10.6.2 Cutting Balloon Catheter
10.6.3 Scoring Balloon Catheter
10.6.4 Drug Eluting Balloon Catheter
10.6.5 Stent Graft Balloon Catheter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Public Hospitals
10.10.3 Private Hospitals
10.10.4 Ambulatory Surgical Centres
10.10.5 Cardiac Catheterisation Laboratories
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Normal Balloon Catheter
11.6.2 Cutting Balloon Catheter
11.6.3 Scoring Balloon Catheter
11.6.4 Drug Eluting Balloon Catheter
11.6.5 Stent Graft Balloon Catheter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Public Hospitals
11.10.3 Private Hospitals
11.10.4 Ambulatory Surgical Centres
11.10.5 Cardiac Catheterisation Laboratories
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Normal Balloon Catheter
12.6.2 Cutting Balloon Catheter
12.6.3 Scoring Balloon Catheter
12.6.4 Drug Eluting Balloon Catheter
12.6.5 Stent Graft Balloon Catheter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Public Hospitals
12.10.3 Private Hospitals
12.10.4 Ambulatory Surgical Centres
12.10.5 Cardiac Catheterisation Laboratories
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Normal Balloon Catheter
13.6.2 Cutting Balloon Catheter
13.6.3 Scoring Balloon Catheter
13.6.4 Drug Eluting Balloon Catheter
13.6.5 Stent Graft Balloon Catheter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Public Hospitals
13.10.3 Private Hospitals
13.10.4 Ambulatory Surgical Centres
13.10.5 Cardiac Catheterisation Laboratories
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Balloon Catheter Market: Competitive Dashboard
14.2 Global Balloon Catheter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Medtronic
14.3.3 Terumo Corporation
14.3.4 MicroPort Scientific Corporation
14.3.5 B. Braun Melsungen
14.3.6 Jotech
14.3.7 QX Medical
14.3.8 Meril Life
14.3.9 Hexacath
14.3.10 Abbott Laboratories
14.3.11 Boston Scientific
14.3.12 Biosensors International
14.3.13 Cook Medical
14.3.14 Cardionovum
14.3.15 Cordis Corporation
14.3.16 Biotronik
