A catheter is a tubular, flexible instrument, passed through body channels for withdrawals of fluid (or introduction of fluids) from body cavity. PTA balloon catheter is an innovative medical device, which is inserted in the femoral artery in the leg or sometimes into the radial artery in the arm for the treatment of constricted blood vessels. The PTA means ‘percutaneous transluminal angioplasty’ (percutaneous means through the skin). As the balloon inflates, the cage causes the balloon to form a series of segmented pillows and grooves along the entire lesion. The pillows apply force to create small dissections that are necessary for effective dilatation. The grooves relieve the stress and stop dissections from propagating. The PTA balloon catheters are used for the treatment of peripheral vascular lesions. The standard PTA balloon catheter segment has represented the largest share of the total PTA balloon catheter market.

Market Dynamics

Increasing prevalence of cardiovascular diseases is expected to drive growth of the global PTA balloon catheter market over the forecast period, For instance, in December 2021, Clinical Epidemiology and Global Health, a multidisciplinary journal, published a report on Cardiovascular disease (CVD) and its associated risk factors among older adults in India: Evidence from LASI Wave 1, which reported that the prevalence of diagnosed CVDs was 29.4% for older adults age 45 and above in India in 2019 whereas the number of people with total (Cardiovascular disease) CVD nearly doubled from 271 million in 1990 to 523 million in 2019, and deaths due to (Cardiovascular disease) CVD climbed significantly from 12.1 million in 1990 to 18.6 million in 2019.

Key features of the study:

• This report provides an in-depth analysis of the global PTA balloon catheter market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global PTA balloon catheter market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Medtronic, Terumo, Cardinal Health, Boston Scientific, AndraTec, Cook Medical, Biotronik, Abbott, Creagh Medical, TriReme Medical, Natec Medical, Surmodics, Inc, B. Braun Melsungen AG, Becton Dickinson and Co, and Acotec Scientific Co Ltd
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global PTA balloon catheter market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global PTA balloon catheter market

Detailed Segmentation:

• Global PTA Balloon Catheter Market, By Material Type:
  • Polyurethane
  • Nylon
• Global PTA Balloon Catheter Market, By Application:
  • Coronary Artery Disease
  • Peripheral Vascular Disease
• Global PTA Balloon Catheter Market, By End User:
  • Hospitals
  • Ambulatory Surgery Centers
  • Others(Specialist Clinics)
• Global PTA Balloon Catheter Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Region/Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Medtronic*
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • Terumo Corporation
  • Cardinal Health
  • Boston Scientific
  • AndraTec
  • Cook Medical
  • Biotronik
  • Abbott
  • Creagh Medical
  • TriReme Medical
  • Natec Medical
  • Surmodics, Inc
  • Braun Melsungen AG
  • Becton Dickinson and Co
  • Acotec Scientific Co Ltd

“*” marked represents similar segmentation in other categories in the respective section.