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

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Published: December 21, 2023 Report Code: GDME676MM-ST

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PTCA Balloon Catheters Market Report Overview

The PTCA Balloon Catheters market size was valued at $2.20 billion in 2023. The market is expected to grow at a CAGR of more than 2% during 2023-2033. Percutaneous Transluminal Coronary Angioplasty (PTCA) is a minimally invasive procedure to open blocked coronary arteries. A PTCA Balloon Catheter is inserted into blood vessels through the groin or the arm and threaded to the area of blockage. The balloon is inflated to compress the plaque deposited on the walls of the arteries to increase blood flow.

PTCA Balloon Catheters Market Outlook, 2023-2033 ($ Billion)

PTCA Balloon Catheters Market Outlook, 2023-2033 ($ Billion)

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The PTCA Balloon Catheters market research report has been created to understand the market behavior, which will help identify quantitative market trends within the Cardiovascular Devices therapeutic area. The model discusses in detail the impact of COVID-19 on the PTCA Balloon Catheters market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.

Market Size (2023) $2.20 Billion
CAGR (2023-2033) >2%
Forecast Period 2023-2033
Historical Period 2015-2022
Key Regions ·        North America

·        Europe

·        Asia Pacific

·        South Central America

·        Middle East and Africa
Key Segments ·        PTCA Standard Balloon Catheters

·        Cutting and Scoring Balloon Catheters

·        PTCA Drug-Coated Balloon (DCB) Catheters
Leading Companies ·        Shockwave Medical Inc

·        Boston Scientific Corp

·        Abbott Laboratories

·        Medtronic Plc

·        B. Braun Melsungen AG
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PTCA Balloon Catheters Market Dynamics

The PTCA Balloon Catheters market will grow in the forecast period owing to the growing prevalence of coronary artery disease and the rising demand for minimally invasive procedures. In addition, rapid globalization, high smoking rate, and rise in obesity and geriatric population will further boost the demand for PTCA Balloon Catheters. However, a low number of heart specialty hospitals and a lack of awareness may limit the penetration of the devices in developing economies.

PTCA Balloon Catheters Market Segmentation by Regions

The key regions in the PTCA Balloon Catheters market are North America, Europe, Asia Pacific, South America, and the Middle East & Africa. In 2023, North America dominated the overall PTCA Balloon Catheters market and is expected to grow over the forecast years. This is primarily due to the rise in PCI procedure numbers in developed economies such as the US and Canada. In addition, better percutaneous coronary intervention (PCI) techniques and tools have enabled physicians to treat patients who were not candidates for PCI before. This will also increase the demand for PTCA balloons in the coming years.

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

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

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PTCA Balloon Catheters Market Segments

The key segments in the PTCA Balloon Catheters market are PTCA Standard Balloon Catheters, Cutting and Scoring Balloon Catheters, and PTCA Drug Coated Balloon (DCB) Catheters. PTCA Standard Balloon Catheters segment led the market in 2023. PTCA Standard Balloon Catheters are coronary catheters equipped with a balloon capable of expanding. These balloons may be used alone or in combination with stenting for pre-dilation and post-dilation to achieve optimal stent expansion. These catheters may also be used to predilate arteries before PTCA Drug-Coated Balloon intervention.

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

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

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PTCA Balloon Catheters Market - Competitive Landscape

A few of the leading companies in the PTCA Balloon Catheters market are:

  • Shockwave Medical Inc
  • Boston Scientific Corp
  • Abbott Laboratories
  • Medtronic Plc
  • Braun Melsungen AG

Shockwave Medical Inc. dominated the market in 2023. It is followed by Boston Scientific Corp.

PTCA Balloon Catheters Market Analysis, by Companies 2023 (%)

PTCA Balloon Catheters Market Analysis, by Companies 2023 (%)

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Segments Covered in the Report

PTCA Balloon Catheters Segments Outlook (Value, $ Billion, 2015-2033)

  • PTCA Standard Balloon Catheters
  • Cutting and Scoring Balloon Catheters
  • PTCA Drug-Coated Balloon (DCB) Catheters

PTCA Balloon Catheters Regional Outlook (Value, $ Billion, 2015-2033)

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Key Inclusions

Currently marketed PTCA Balloon Catheters and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total PTCA 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 PTCA Balloon Catheters market.
  • Competitive dynamics insights and trends provided for the PTCA 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: Shockwave Medical Inc, Boston Scientific Corp, Abbott Laboratories, Medtronic Plc, B. Braun Melsungen AG, Biotronik SE & Co KG, Terumo Corp, Koninklijke Philips NV, Microport Scientific Corp, Lepu Medical Technology (Beijing) Co Ltd, OrbusNeich, Meril Life Sciences Pvt Ltd, Teleflex Inc, 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

The report provides:

  • Insightful review of the key industry trends.

  • Annualized total PTCA Balloon Catheters market revenue by segment and market outlooks.

  • Market-level data on units, average selling prices, and market values.

  • Global, regional, and country-level market-specific insights including qualitative market-specific information 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 PTCA Balloon Catheters market.

  • Competitive dynamics insights and trends provided for the PTCA Balloon Catheters market.

  • Country-specific overview of the healthcare system.

  • Country-specific reimbursement policies.

  • Country-specific medtech regulatory landscape.

Reasons to Buy

The model will enable you to:

  • Understand the impact of COVID-19 on the PTCA Balloon Catheters market.

  • 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 the PTCA Balloon Catheters market.

  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the PTCA 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 counterstrategies to gain a competitive advantage.

  • Track device sales in the global and country-specific PTCA 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.

Shockwave Medical Inc
Boston Scientific Corp
Abbott Laboratories
Medtronic Plc
B. Braun Melsungen AG
Koninklijke Philips NV
Terumo Corp
Biotronik SE & Co KG
Microport Scientific Corp
Lepu Medical Technology (Beijing) Co Ltd
OrbusNeich
Meril Life Sciences Pvt Ltd
Teleflex Inc
Others

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