Market Overview:
The global PTA balloon catheters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases and peripheral vascular diseases, rising geriatric population, and technological advancements in PTA balloon catheters. Based on type, the global PTA balloon catheters market is segmented into polyurethane, nylon, and other types. The polyurethane segment is expected to account for the largest share of the global PTA balloon catheters market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. Based on application, the global PTA balloon catheters market is divided into coronary artery disease (CAD) and peripheral vascular disease (PVD). The CAD segment accounted for majority of share of this market in 2017 and it is projected to maintain its dominance during the forecast period as well.
Product Definition:
PTA Balloon Catheters are medical devices that are used to open up narrowed or blocked blood vessels. The catheters work by inflating a balloon at the end of the device, which pushes aside any blockages in the vessel and allows blood to flow more freely. PTA Balloon Catheters can be used to treat a wide variety of cardiovascular conditions, including coronary artery disease, peripheral vascular disease, and carotid artery stenosis.
Polyurethane:
Polyurethane (PU) is a polymer, which is manufactured by the catalytic reaction of an organic compound with hydrogen. Polyurethane exhibits superior properties such as flexibility, durability and resistance to chemicals & temperature. It also has high impact strength and excellent insulation properties making it ideal for use in electrical cables and hoses.
Nylon:
Nylon is a polymer and it's mainly derived from the carbon compounds found in petroleum. It has high tensile strength, excellent elasticity, and good thermal stability. These properties make nylon highly suitable for use in manufacturing catheters used in interventional cardiology procedures.
Application Insights:
The coronary artery disease segment dominated the global market in 2017. This can be attributed to the increasing prevalence of heart diseases such as coronary artery disorder, stroke and heart attack. According to a study published by NCBI in 2018, it is estimated that around 647 million people have suffered from a stroke or cardiac arrest across the globe. Moreover, another study states that out of these cases about 453 million were reported from developing countries and 172 million from developed countries globally. These statistics indicate an alarming rise in cardiovascular diseases which may lead to complications if proper treatment is not taken immediately after suffering from a heart attack or stroke. This has led to an increase in demand for PTA balloon catheters at hospitals across various regions globally which will drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, high healthcare expenditure, and increasing awareness about minimally invasive surgeries. The Asia Pacific is expected to witness lucrative growth over the forecast period due to rising geriatric population prone to cardiovascular diseases (CVDs), improving economic conditions, and growing medical tourism. Moreover, rapidly developing economies such as India & China are anticipated to fuel demand for PTA balloon catheters during the forecast period.
The European region accounted for a significant share of revenue in 2017 owing to an increase in percutaneous transluminal coronary angioplasty procedures over the past few years coupled with a rise in patient awareness levels regarding CABG surgeries and associated risks. In addition, factors such as favorable reimbursement policies relatedto PTCA procedures performed using balloons are also expected favorably impact regional growth during the forecast period (2018-2030).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in PTA balloon catheters
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
PTA Balloon Catheters Market Research Report
By Type
Polyurethane, Nylon, Other
By Application
Coronary Artery Disease, Peripheral Vascular Disease
By Companies
Boston Scientific, Medtronic, Terumo Corporation, MicroPort Scientific, B. Braun Melsungen, Jotech GmbH, QX Medical, Cook Medical, Cordis Corporation, Boston Scientific
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global PTA Balloon Catheters Market Report Segments:
The global PTA Balloon Catheters market is segmented on the basis of:
Types
Polyurethane, Nylon, Other
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
Coronary Artery Disease, Peripheral Vascular Disease
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
- B. Braun Melsungen
- Jotech GmbH
- QX Medical
- Cook Medical
- Cordis Corporation
- Boston Scientific
Highlights of The PTA Balloon Catheters 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:
- Polyurethane
- Nylon
- Other
- By Application:
- Coronary Artery Disease
- Peripheral Vascular Disease
- 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 PTA Balloon Catheters 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?
PTA Balloon Catheters are a type of catheter that uses a balloon to help it move through the body. They are often used in cases where other types of catheters, such as intravenous (IV) catheters, can't be used because they might not be able to get past certain areas or organs.
Some of the key players operating in the pta balloon catheters market are Boston Scientific, Medtronic, Terumo Corporation, MicroPort Scientific, B. Braun Melsungen, Jotech GmbH, QX Medical, Cook Medical, Cordis Corporation, Boston Scientific.
The pta balloon catheters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PTA Balloon Catheters 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 PTA Balloon Catheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTA Balloon Catheters 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 PTA Balloon Catheters 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 PTA Balloon Catheters Market Size & Forecast, 2020-2028
4.5.1 PTA Balloon Catheters Market Size and Y-o-Y Growth
4.5.2 PTA Balloon Catheters 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 Polyurethane
5.2.2 Nylon
5.2.3 Other
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 Coronary Artery Disease
6.2.2 Peripheral Vascular Disease
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTA Balloon Catheters 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 PTA Balloon Catheters 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 Polyurethane
9.6.2 Nylon
9.6.3 Other
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 Coronary Artery Disease
9.10.2 Peripheral Vascular Disease
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 Polyurethane
10.6.2 Nylon
10.6.3 Other
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 Coronary Artery Disease
10.10.2 Peripheral Vascular Disease
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 Polyurethane
11.6.2 Nylon
11.6.3 Other
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 Coronary Artery Disease
11.10.2 Peripheral Vascular Disease
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 Polyurethane
12.6.2 Nylon
12.6.3 Other
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 Coronary Artery Disease
12.10.2 Peripheral Vascular Disease
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 Polyurethane
13.6.2 Nylon
13.6.3 Other
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 Coronary Artery Disease
13.10.2 Peripheral Vascular Disease
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 PTA Balloon Catheters Market: Competitive Dashboard
14.2 Global PTA Balloon Catheters 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
14.3.5 B. Braun Melsungen
14.3.6 Jotech GmbH
14.3.7 QX Medical
14.3.8 Cook Medical
14.3.9 Cordis Corporation
14.3.10 Boston Scientific
