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

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Published: June 30, 2023 Report Code: GDME676MM-ST

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PTCA Balloon Catheters Market Report Overview

The PTCA balloon catheters market was valued at $1.35 billion in 2022. 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 2022-2033 ($ Billion)

PTCA Balloon Catheters Market Outlook 2022-2033 ($ Billion)

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The PTCA balloon catheters market research report is built to visualize quantitative market trends within cardiovascular devices therapeutic areas. Furthermore, the model discusses in detail the impact of COVID-19 on the PTCA balloon catheters market for the year 2020 and beyond.

Market Size (2022) $1.35 billion
Historic Period 2015-2022
Forecast Period 2023-2033
Key Segments
  • Cutting and Scoring Balloon Catheters
  • PTCA Drug Coated Balloon (DCB) Catheters
  • PTCA Standard Balloon Catheters
Key Regions
  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America
Key Companies
  • Boston Scientific Corp
  • Abbott Laboratories
  • Medtronic Plc
  • B. Braun Melsungen AG
  • Koninklijke Philips NV
  • Others
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PTCA Balloon Catheters Market Dynamics

The PTCA balloon catheters market will grow due to the rising prevalence of coronary artery disease and the surging demand for minimally invasive procedures.  Furthermore, factors such as the steadily increasing geriatric population, rising awareness in emerging markets, and growing development of advanced treatment methods across the advanced as well as emerging economies across the globe are influencing the PTCA balloon catheters market growth positively. High smoking rates among young millennials coupled with a surge in incidences of obesity are also expected to drive the PTCA balloon catheters market demand during the projected period.

PTCA Balloon Catheters Market Segments

The key segments in the PTCA balloon catheters market are cutting and scoring balloon catheters, PTCA drug coated balloon (DCB) catheters, and PTCA standard balloon catheters. In 2022, the PTCA standard balloon catheters dominated the market share. PCTA standard balloon catheters are by far the most used balloon catheters. However, the use of PTCA DCB catheters is expected to increase in the forecast period.

PTCA Balloon Catheters Market Analysis by Segments, 2022 (%)

PTCA Balloon Catheters Market Analysis by Segments, 2022 (%)

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PTCA Balloon Catheters Market Segmentation by Regions

The key regions in the PTCA balloon catheters market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2022, the Asia-Pacific (APAC) region had the largest share of the PTCA balloon catheters market and is expected to retain this position throughout the forecast period.

This growth is largely driven by an aging population, improvements in screening and diagnosis, growth in demand to address unmet needs in the population, improved patient access to healthcare, and a surge in physician as well as patient awareness of minimally invasive cardiovascular procedures. Some of the key revenue-contributing economies in this region are Australia, Japan, New Zealand, India, and China.

PTCA Balloon Catheters Market Analysis by Regions, 2022 (%)

PTCA Balloon Catheters Market Analysis by Regions, 2022 (%)

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PTCA Balloon Catheters Market – Competitive Landscape

The key companies in the PTCA balloon catheters market are 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, and Teleflex Inc, among others. In 2022, Boston Scientific Corp accounted for the highest PTCA balloon catheters market share and value.

PTCA Balloon Catheters Market Analysis by Companies, 2022 (%)

PTCA Balloon Catheters Market Analysis by Companies, 2022 (%)

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Segments Covered in this Report

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

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

PTCA 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 PTCA balloon catheters market 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.

Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with 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, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: 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

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. This model is required reading for

  • CMO executives who must have a deep understanding of the PTCA 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

The model will enable you to –

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

  • 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 counter-strategies 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.

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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