Market Overview:
The global PTCA balloons 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, technological advancements in PTCA balloons, and rising demand for minimally invasive procedures. By type, the ICD segment is expected to account for the largest share of the global PTCA balloons market in 2018. By application, the hospital segment is expected to account for the largest share of the global PTCA balloons market in 2018.
Product Definition:
PTCA balloons are used to open up blocked arteries. The balloons are inflated and then used to push the plaque against the artery wall, opening up the passage.
ICD:
ICD is an imaging technology that provides information about the location and cause of a disease. It's major application includes hospital diagnosis for cardiovascular diseases, cancer, and infections. ICDs are also used in ambulatory surgical centers (ASC), emergency departments (ED), physician office laboratories, and clinics to identify the source of infection or injury.
Pacemaker:
A pacemaker is a device that helps the heart to beat in synchronization with the regular rhythm. It can be used for treating cardiac arrhythmias, which are caused by an irregular heartbeat. A pacemaker may also be referred to as pace maker or cardioverter-defibrillator (CD) and it's major function is to prevent fibrillation (irregular heartbeat).
Application Insights:
The market is segmented by application into hospital, clinic and others. The hospital segment dominated the global PTCA balloons market in 2017 owing to factors such as increasing prevalence of cardiovascular diseases and rising awareness among individuals regarding timely treatment. According to a study published in NCBI, it was estimated that around 1 billion people suffer from heart disease globally which is also known as Cardiovascular Diseases (CVDs) or Circulatory System Diseases (CSDs).
PTCA procedures are generally preferred over CABG surgeries for patients suffering from mild to moderate heart failure due to the availability of non-invasive procedures with reduced risk of complications. Moreover, growing demand for minimally invasive cardiac interventions has resulted in an increased number of PTCA procedures being performed across the globe.
Regional Analysis:
North America dominated the global PTCA balloons market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and favorable reimbursement policies are some factors driving the growth. For instance, according to a study published by RAND Corporation in 2016, hospitals that use rapid diagnostic methods for coronary procedures have higher patient satisfaction rates than those using traditional methods.
Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising geriatric population and increasing prevalence of cardiovascular diseases (CVDs). According to data published by World Health Organization (WHO) in 2018, CVDs remain as one of the leading causes of deaths across Asia Pacific countries with China recording over 4 million CVD related deaths from 1990 till 2015. Moreover, growing medical tourism industry coupled with improving healthcare infrastructure will boost demand for PTCA balloons during forecast period.
Growth Factors:
- Technological advancements in the field of percutaneous transluminal coronary angioplasty (PTCA) balloons that can help in better treatment outcomes for patients.
- Increasing incidence of cardiovascular diseases (CVDs) across the globe that is expected to drive the demand for PTCA balloons over the forecast period.
- Growing number of hospitals and clinics offering PTCA procedures, which is projected to boost market growth during the forecast period.
- Rising awareness about PTCA procedures among people owing to increasing prevalence of CVDs will fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
PTCA Balloons Market Research Report
By Type
ICD, Pacemaker, CRT-D, CRT-P
By Application
Hospital, Clinic, Others
By Companies
Vitatron, Biotronik, Medtronic, Lepu Medical Technology, Cameron Health
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global PTCA Balloons Market Report Segments:
The global PTCA Balloons market is segmented on the basis of:
Types
ICD, Pacemaker, CRT-D, CRT-P
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
Hospital, Clinic, Others
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:
- Vitatron
- Biotronik
- Medtronic
- Lepu Medical Technology
- Cameron Health
Highlights of The PTCA 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:
- ICD
- Pacemaker
- CRT-D
- CRT-P
- By Application:
- Hospital
- Clinic
- Others
- 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 PTCA 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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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?
PTCA balloons are a type of balloon used during percutaneous transluminal coronary angioplasty (PTCA). They are inflated with nitroglycerin and used to open up blocked arteries.
Some of the major players in the ptca balloons market are Vitatron, Biotronik, Medtronic, Lepu Medical Technology, Cameron Health.
The ptca balloons 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 PTCA 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 PTCA Balloons Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTCA 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 PTCA 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 PTCA Balloons Market Size & Forecast, 2020-2028
4.5.1 PTCA Balloons Market Size and Y-o-Y Growth
4.5.2 PTCA 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 ICD
5.2.2 Pacemaker
5.2.3 CRT-D
5.2.4 CRT-P
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 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTCA 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 PTCA 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 ICD
9.6.2 Pacemaker
9.6.3 CRT-D
9.6.4 CRT-P
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 Hospital
9.10.2 Clinic
9.10.3 Others
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 ICD
10.6.2 Pacemaker
10.6.3 CRT-D
10.6.4 CRT-P
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 Hospital
10.10.2 Clinic
10.10.3 Others
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 ICD
11.6.2 Pacemaker
11.6.3 CRT-D
11.6.4 CRT-P
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 Hospital
11.10.2 Clinic
11.10.3 Others
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 ICD
12.6.2 Pacemaker
12.6.3 CRT-D
12.6.4 CRT-P
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 Hospital
12.10.2 Clinic
12.10.3 Others
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 ICD
13.6.2 Pacemaker
13.6.3 CRT-D
13.6.4 CRT-P
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 Hospital
13.10.2 Clinic
13.10.3 Others
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 PTCA Balloons Market: Competitive Dashboard
14.2 Global PTCA Balloons Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vitatron
14.3.2 Biotronik
14.3.3 Medtronic
14.3.4 Lepu Medical Technology
14.3.5 Cameron Health
