Global Balloon Catheters Market is expected to grow at a CAGR of 8.78% during the forecast period from 2022 to 2027, Estimates DelveInsight

June 15 21:22 2022
Global Balloon Catheters Market is expected to grow at a CAGR of 8.78% during the forecast period from 2022 to 2027, Estimates DelveInsight
Global Balloon Catheters Market

Balloon Catheter is defined as an innovative medical device which comprises guidewire and catheter, which is inserted into the femoral artery in the leg or sometimes into the radial artery in the arm to treat constricted blood vessels. Balloon catheter also includes minimally-invasive procedure for opening blocked or narrowed coronary arteries caused by coronary arteries disease (CAD).


DelveInsight’s ‘Balloon Catheter Market Insight, Competitive Landscape and Market Forecast, 2027’ report delivers an in-depth understanding of Balloon Catheter and the historical and forecasted Balloon Catheter market trends, globally, which comprises of North America, Europe, APAC, and RoW.


Some facts of Balloon Catheter Market are:

  • Global balloon catheters market was valued at USD 4.60 billion in 2021, growing at a CAGR of 8.78% during the forecast period from 2022 to 2027 to reach USD 7.62 billion by 2027.
  • According to the stats published by The Heart Foundation in 2015, coronary artery disease leads to around 380,000 fatalities annually in the U.S.
  • Moreover, according to the same source, around 720,000 people suffer from heart attacks each year and among these, 205,000 encountered repetitive cases of heart attack and 515,000 people suffered from a first incidence of heart attack in the U.S.
  • Increasing product launches of innovative balloon catheters by key players for the treatment of the coronary heart diseases and peripheral heart diseases is expected to drive growth of the balloon catheters market over the forecast period
  • According to the European Heart Network AISBL, in 2015, there were around 11.3 million new cases of CVD diagnosed in Europe and 6.1 million new cases of CVD diagnosed in the European Union. Such increasing prevalence is expected to drive demand of the balloon catheters in the region.
  • Among regions, North America is expected to hold dominant position in the global balloon catheters market over the forecast period.


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Balloon Catheter Companies:

  • Johnson & Johnson
  • Medtronic PLC
  • Stryker Corporation
  • Terumo Corporation
  • Penumbra, Inc.
  • Microport Scientific Corporation
  • Kaneka Corp.
  • Integer Holdings Corporation
  • Balt
  • Perflow Medical
  • Phenox GmbH
  • Sensome
  • Evasc
  • Rapid Medical
  • Asahi Intecc Co. Ltd
  • Acandis GmbH
  • Medikit Co. Ltd
  • Imperative Care
  • Lepu Medical
  • Cerus Endovascular


Recent Developments in Balloon Catheter Market

  • In September 2014, NATEC Medical Ltd collaborated with US Endovascular LLC, a medical device company, to deliver the range of PTA balloon catheters, developed by the US Endovascular, in the U.S. market. The PTA balloon platforms includes balloon catheters such as USE 014” Rapid Exchange (Rx) and Over the Wire (OTW), USE018” OTW, and USE 035” OTW.
  • In September 2019, Medtronic Plc., announced voluntary recall of certain balloon dilation catheters such as Euphora and Solarice semi-compliant rapid exchange balloon dilatation catheters that have proven to be difficult to remove from patients’ bodies, owing to their slightly higher diameter.


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Scope of the Balloon Catheter Market Report:

  • Study Period: 2019-2027
  • Base Year: 2021
  • The report covers the descriptive overview of Balloon Catheter, explaining its applications, advantages, and limitations, etc.
  • Additionally, detailed profiles of the Key Companies operating in the market is provided, along with the market share of the Key 3-5 players.
  • A detailed review of Balloon Catheter market; historical and forecasted market size is included in the report, covering global outreach.
  • The report provides an edge while developing business strategies, by understanding trends shaping and driving the global Balloon Catheter market.


Table of Contents:

1. Balloon Catheter Market Report Introduction

2. Balloon Catheter Market Executive summary

3. Regulatory and Patent Analysis

4. Balloon Catheter Market Key factors analysis

5. Balloon Catheter Porter’s Five Forces Analysis

6. COVID-19 Impact Analysis on Balloon Catheter Market

7. Balloon Catheter Market layout

8. Balloon Catheter Global Company Share Analysis – Key 3-5 Companies

9. Balloon Catheter Company and Product Profiles

10. Project Approach

11. KOL Views

12. DelveInsight Capabilities

13. Disclaimer


About Delveinsight: 

DelveInsight Business Research is a leading Market Research, and Business Consultant focused purely on Healthcare. It helps pharma companies by providing them with end-to-end services to solve their business problems.

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