Angioplasty Balloons Market Key Vendors, Key Segment, Key Companies, Growth Opportunities by 2018-2030

Global Angioplasty Balloons Market was worth USD 2,550 million in 2021 and is anticipated to reach a valuation of USD 3,655 million in 2030, expanding at a CAGR of 3.5% over the forecast duration.

One of the important factors driving the market's growth is the rising prevalence of coronary and peripheral artery disorders around the world. In line with this, the growing elderly population, as well as people suffering from obesity and high cholesterol levels, are boosting market growth. Furthermore, drug-coated angioplasty balloons are becoming more popular because they provide higher safety, effectiveness, and enhanced blood flow throughout the body. This has also reduced the use of stents and other vessel implants that can cause vessel breakage. Various technological improvements, such as the development of imaging technologies and the introduction of novel versions that can be implanted without the use of general anaesthesia, are also causing significant growth. Increasing public health awareness

Superior technological advancements such as progressive flexibility due to innovations in hydrophilic design, superior hydrophilic coatings, improved performance under high pressure due to added pushability, and robust design reducing friction are expected to drive the global percutaneous transluminal angioplasty balloons market growth during the forecast period. Rising reimbursement coverage for the treatment of cardiac diseases, especially among end-users in developing countries (which have a relatively higher patient population), are some of the factors likely to drive the growth of the global percutaneous transluminal angioplasty balloons market between 2017 and 2025. However, the danger of patient pain during balloon inflation and the likelihood of restenosis are two considerations that are likely to influence the decision.

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PTA Balloons are a technique in which a little flexible catheter with a very small diameter of a few millimetres is introduced into an artery and steered to the desired region where the blood vessel has narrowed due to some sort of cardiovascular disease.
A tiny balloon is inflated at the end of the catheter when it reaches the appropriate place, squeezing the blocking component responsible for a narrow artery against the blood vessel wall and restoring normal blood flow.

The PTCA balloon catheters market is predicted to develop as the population ages and lifestyle changes lead to hypertension, obesity, and other risk factors that lead to vascular illnesses. Furthermore, technological developments, including the FDA's reclassification of several PTCA catheters from class III to class II devices, as well as an increase in the prevalence of cardiovascular illnesses, are projected to fuel market expansion. Alternative therapy are available, but risks associated with PTCA balloon catheters limit this progress. During the projection period, the rising demand for minimally invasive operations, rising disposable incomes, and growth prospects in Asia-Pacific and Latin America are likely to present
significant chances for market expansion.

Global Angioplasty Balloons Market- Segmental Analysis
By Material
• Nylon
• Polyurethane
• Silicone urethane co-polymers
• Other

By Type
• Plain old balloon angioplasty
• Drug coated balloon angioplasty
• Cutting balloons
• Scoring balloons
• Stent graft balloon catherer

By disease
• Coronary angioplasty
• Venous angioplasty
• Carotid angioplasty
• Renal Artery angioplasty
• Peripheral Angioplasty

By End User
• Cardiac Catheterization Laboratories
• Hospitals
• Specialty Clinics
• Ambulatory Surgery Centers
• Diagnostic Centers

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Global Angioplasty Balloons Market- Competitive Landscape
Major players constituting the competitive hierarchy of this market sphere are Abbott Laboratories, Becton, Dickinson, and Company, B. Braun Melsungen AG, Endocor GmbH, Koninklijke Philips NV, Medtronic Plc, Oscor, Inc, Terumo Corporation, Boston Scientific Corporation, and Merit Medical Systems, Inc.
Notably, Infinity Angioplasty Balloon Co in November 2020 announced the successful trial completion of its innovative angioplasty balloon platform named Infinity Angioplasty Balloon Catherer. The device was declared efficient to be used for treating various types of artery diseases.
Apart from that, other noteworthy players are also undertaking various strategies like mergers & acquisitions, collaboration deals, partnerships, innovative product launches, among others to strengthen their footprint in the overall market and garner significant returns.

Points Covered in the Report
• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years' data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions Answered in This Report:
How has the global Angioplasty Balloons market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global Angioplasty Balloons market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global Angioplasty Balloons market and who are the key players?
What is the degree of competition in the industry?

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