Market Overview:
The global percutaneous transluminal angioplasty (PTA) balloons market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in PTA balloons, and rising demand for minimally invasive procedures. Based on type, the global PTA balloons market is segmented into drug eluting balloons, normal balloons, scoring ballons, and cutting ballons. The drug eluting balloon segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its ability to reduce restenosis rates as compared to other types of PTA balloons. Based on application, the global PTA balloon market is divided into hospitals, clinics, and ambulatory surgical centers (ASCs). The hospital segment dominates this market due to high prevalence of cardiovascular diseases and increasing number of angioplasties being performed in hospitals worldwide.
Product Definition:
A percutaneous transluminal angioplasty (PTA) balloon is a medical device that is used to open narrowed or blocked blood vessels. The balloon is inserted into the vessel through a small incision in the skin and then inflated. This expands the vessel and allows blood to flow more freely.
Drug Eluting Balloons:
Drug eluting Balloons (DEBs) are small-sized, hollow plastic balls that are used to cover the stents and protect it from getting caught in the blood vessel. DEBs act as a shield against the blood vessel walls, protecting the stent from being devoured by them. They also reduce inflammation at its insertion site and help in reducing complications associated with it.
Normal Balloons:
Normal balloons are latex-enhanced, round, hollow plastic balls used in PTA. The size of the ball is around 2 cm and it has a wall thickness of 0.3 - 1 mm.
Application Insights:
Based on application, the global percutaneous transluminal angioplasty (PTA) balloons market is segmented into hospitals, clinics and ambulatory surgical centers. Hospitals held the largest share in 2017 owing to factors such as a high prevalence of cardiovascular diseases and rising geriatric population at risk of developing these conditions. According to data published by WHO in 2018, out of 17 million deaths globally due to CVDs, about 37% occur in low- and middle-income countries. Thus, increasing number of patients suffering from various heart diseases requiring treatment is expected to drive demand for PTA devices over the forecast period.
Regional Analysis:
North America dominated the global percutaneous transluminal angioplasty balloons market in 2016. This can be attributed to factors such as favorable reimbursement scenario, high healthcare expenditure and awareness about new technologies. Moreover, increasing incidence of cardiovascular diseases is also expected to drive the demand for PTA balloons during the forecast period.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure and growing target population base in this region. In addition, rising prevalence of hypertension and cardiac disorders are also contributing towards regional growth. Furthermore, government initiatives pertaining to reimbursement policies are anticipated favorably impact regional growth over the next eight years (from 2017 To 2030).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in PTA balloons
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Percutaneous Transluminal Angioplasty (PTA) Balloons Market Research Report
By Type
Drug Eluting Balloons, Normal Balloons, Scoring Balloons, Cutting Balloons
By Application
Hospitals, Clinics, Ambulatory Surgical Centers
By Companies
C. R. Bard, Cook Medical, Abbott, Cardinal Health, Boston Scientific, Philips, Medtronic, SurModics, Endocor, C. R. Bard
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Percutaneous Transluminal Angioplasty (PTA) Balloons Market Report Segments:
The global Percutaneous Transluminal Angioplasty (PTA) Balloons market is segmented on the basis of:
Types
Drug Eluting Balloons, Normal Balloons, Scoring Balloons, Cutting Balloons
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, Clinics, Ambulatory Surgical Centers
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:
- C. R. Bard
- Cook Medical
- Abbott
- Cardinal Health
- Boston Scientific
- Philips
- Medtronic
- SurModics
- Endocor
- C. R. Bard
Highlights of The Percutaneous Transluminal Angioplasty (PTA) Balloons 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:
- Drug Eluting Balloons
- Normal Balloons
- Scoring Balloons
- Cutting Balloons
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- 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 Percutaneous Transluminal Angioplasty (PTA) Balloons 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 percutaneous transluminal angioplasty (PTA) balloon is a small, inflatable device that is inserted through the side of your blood vessel to open it up. This allows doctors to remove plaque and other debris from the inside of your blood vessel.
Some of the key players operating in the percutaneous transluminal angioplasty (pta) balloons market are C. R. Bard, Cook Medical, Abbott, Cardinal Health, Boston Scientific, Philips, Medtronic, SurModics, Endocor, C. R. Bard.
The percutaneous transluminal angioplasty (pta) balloons market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Percutaneous Transluminal Angioplasty (PTA) Balloons 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 Percutaneous Transluminal Angioplasty (PTA) Balloons Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Percutaneous Transluminal Angioplasty (PTA) Balloons 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 Percutaneous Transluminal Angioplasty (PTA) Balloons 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 Percutaneous Transluminal Angioplasty (PTA) Balloons Market Size & Forecast, 2020-2028 4.5.1 Percutaneous Transluminal Angioplasty (PTA) Balloons Market Size and Y-o-Y Growth 4.5.2 Percutaneous Transluminal Angioplasty (PTA) Balloons 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 Drug Eluting Balloons
5.2.2 Normal Balloons
5.2.3 Scoring Balloons
5.2.4 Cutting Balloons
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 Clinics
6.2.3 Ambulatory Surgical Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Percutaneous Transluminal Angioplasty (PTA) Balloons 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 Percutaneous Transluminal Angioplasty (PTA) Balloons 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 Drug Eluting Balloons
9.6.2 Normal Balloons
9.6.3 Scoring Balloons
9.6.4 Cutting Balloons
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 Clinics
9.10.3 Ambulatory Surgical Centers
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 Drug Eluting Balloons
10.6.2 Normal Balloons
10.6.3 Scoring Balloons
10.6.4 Cutting Balloons
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 Clinics
10.10.3 Ambulatory Surgical Centers
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 Drug Eluting Balloons
11.6.2 Normal Balloons
11.6.3 Scoring Balloons
11.6.4 Cutting Balloons
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 Clinics
11.10.3 Ambulatory Surgical Centers
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 Drug Eluting Balloons
12.6.2 Normal Balloons
12.6.3 Scoring Balloons
12.6.4 Cutting Balloons
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 Clinics
12.10.3 Ambulatory Surgical Centers
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 Drug Eluting Balloons
13.6.2 Normal Balloons
13.6.3 Scoring Balloons
13.6.4 Cutting Balloons
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 Clinics
13.10.3 Ambulatory Surgical Centers
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 Percutaneous Transluminal Angioplasty (PTA) Balloons Market: Competitive Dashboard
14.2 Global Percutaneous Transluminal Angioplasty (PTA) Balloons Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 C. R. Bard
14.3.2 Cook Medical
14.3.3 Abbott
14.3.4 Cardinal Health
14.3.5 Boston Scientific
14.3.6 Philips
14.3.7 Medtronic
14.3.8 SurModics
14.3.9 Endocor
14.3.10 C. R. Bard