The global percutaneous transluminal angioplasty balloons catheter market is estimated to be valued at US$ 1,435.0 Million in 2021 and expected to exhibit a CAGR of 8.3% during the forecast period (2021-2028).
Figure 1. Global Percutaneous Transluminal Angioplasty Balloons Catheter Market Share (%), By Material, 2021
The increasing prevalence of cardiovascular diseases is expected to drive the demand for percutaneous transluminal angioplasty (PTA) balloon catheters during the forecast period.
An increase in the prevalence of cardiovascular diseases is expected to drive demand for PTA balloon catheters and subsequently fuel the market growth. According to the Centers for Disease Control and Prevention, in the U.S., around 659,000 people die from heart disease each year, and 18.2 million adults of age 20 and older had coronary artery disease (CAD) in 2019.
Figure 2. Global Percutaneous Transluminal Angioplasty Balloons Catheter Market Share (%), By Application, 2021
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