PTA Balloon Catheters Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

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Published: December 21, 2023 Report Code: GDME675MM-ST

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PTA Balloon Catheters Market Report Overview

The PTA balloon catheters market size was valued at $2.24 billion in 2023. The PTA balloon catheters market will grow at a CAGR of more than 4% from 2023 to 2033. The aging population, the high prevalence of the disease in developed countries, and the development of new and improved diagnostic modalities have contributed to increased treatment rates using minimally invasive techniques, such as angioplasty and stenting. These minimally invasive procedures are used to open narrowed and occluded arteries in many different parts of the body, including in the legs, kidneys, as well as carotid arteries.

PTA Balloon Catheters Market Outlook 2023-2033 ($ Billion)

PTA Balloon Catheters Market Outlook 2023-2033 ($ Billion)

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The PTA balloon catheters market research report explains the market behavior, which will help identify quantitative market trends within cardiovascular devices therapeutic areas. The report has extensively covered regional-wise quantitative data, highlighting the number of PTA balloon catheters across labs, which will help in identifying untapped market opportunities. The PTA balloon catheters market model also discusses the detailed impact of COVID-19 on the PTA balloon catheters market for 2020 and beyond.

Market Size (2023) $2.24 billion
CAGR (2023-2033) >4%
Historic Period 2015-2023
Forecast Period 2023-2033
Key Segments
  • PTA Peripheral DCB Catheters
  • PTA Standard Balloon Catheters
Key Regions
  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America
Key Companies
  • Becton Dickinson and Co
  • Medtronic Plc
  • Boston Scientific Corp
  • Koninklijke Philips NV
  • Shockwave Medical Inc
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PTA Balloon Catheters Market Dynamics

The market of PTA Standard Balloon Catheters will grow at a moderate rate. This market growth is attributed to the rising prevalence of peripheral artery disease and the advantages that the devices offer over surgery. Despite the instability in the DCB market, the overall PTA balloon catheters market will grow during the forecast period due to the increasing prevalence of peripheral artery disease and increasing preference for minimally invasive procedures for treatment of PAD.

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PTA Balloon Catheters Market Segments

The key segments in the PTA balloon catheters market are PTA peripheral DCB catheters and PTA standard balloon catheters. In 2023, the PTA standard balloon catheters segment dominated the market share.

PTA Balloon Catheters Market Analysis by Segments, 2023 (%)

PTA Balloon Catheters Market Analysis by Segments, 2023 (%)

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PTA Balloon Catheters Market Segmentation by Regions

The key regions in the PTA balloon catheters market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, North America was the leading regional segment.

The key reasons for the PTA balloon catheters market are adoption of a better lifestyle, recent efforts to educate patients about the warning signs and symptoms, and the presence of alternative treatment options such as medication. However, due to aging population, global burden of PAD remains the major driving factor of PTA balloon angioplasty.

PTA Balloon Catheters Market Analysis by Regions, 2023 (%)

PTA Balloon Catheters Market Analysis by Regions, 2023 (%)

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PTA Balloon Catheters Market – Competitive Landscape

The key companies in the PTA balloon catheters market are Becton Dickinson and Co, Medtronic Plc, Boston Scientific Corp, Abbott Laboratories, Koninklijke Philips NV, Shockwave Medical Inc, Hellman & Friedman LLC, Cook Group Inc, B. Braun Melsungen AG, Terumo Corp, Acotec Scientific Holdings Ltd, Kaneka Corp, Lepu Medical Technology (Beijing) Co Ltd, and Others. In 2023, Becton Dickinson and Co accounted for the highest PTA balloon catheters market share and value.

PTA balloon catheters Market Analysis by Companies, 2023 (%)

PTA balloon catheters Market Analysis by Companies, 2023 (%)

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Segments Covered in this Report.

PTA Balloon Catheters Segment Outlook ($ Million, 2015-2033)

  • PTA Peripheral DCB Catheters
  • PTA Standard Balloon Catheters

PTA Balloon Catheters Regional Outlook ($ Million, 2015-2033)

  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America

Key Inclusions of the market model are:

Currently marketed PTA balloon catheters market and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total PTA balloon catheters market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the PTA balloon catheters market.
  • Competitive dynamics insights and trends provided for the PTA balloon catheters market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Becton Dickinson and Co, Medtronic Plc, Boston Scientific Corp, Abbott Laboratories, Koninklijke Philips NV, Shockwave Medical Inc, Hellman & Friedman LLC, Cook Group Inc, B. Braun Melsungen AG, Terumo Corp, Acotec Scientific Holdings Ltd, Kaneka Corp, Lepu Medical Technology (Beijing) Co Ltd, and Others.

Countries covered – United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.

Scope

This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. The model will benefit the following stakeholders:

  • CMO executives who must have a deep understanding of the PTA balloon catheters marketplace to make strategic planning and investment decisions.

  • Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.

  • Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy

  • Understand the impact of COVID-19 on PTA balloon catheters.

  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.

  • Develop business strategies by understanding the trends shaping and driving PTA balloon catheters.

  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the PTA balloon catheters market in the future.

  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.

  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.

  • Track device sales in the global and country-specific PTA balloon catheters market from 2015-2033.

  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Becton Dickinson and Co
Medtronic Plc
Boston Scientific Corp
Abbott Laboratories
Shockwave Medical Inc
Hellman & Friedman LLC
Koninklijke Philips NV
Cook Group Inc
B. Braun Melsungen AG.
Terumo Corp
Acotec Scientific Holdings Ltd
Kaneka Corp
Lepu Medical Technology (Beijing) Co Ltd
Others

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