openPR Logo
Press release

Normal Balloon Catheter Market Sales of normal balloon catheters are slated to accelerate at a CAGR of 7% through 2031-Fact.MR

11-27-2023 06:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Normal Balloon Catheter Market Sales of normal balloon

The global normal balloon catheter market reached a valuation of around US$ 1.8 Bn in 2020, which amounts to around 4% share of the overall catheter market. Sales of normal balloon catheters are slated to accelerate at a CAGR of 7% through 2031.

The medical device industry has witnessed significant advancements over the years, with innovations in various areas, including interventional cardiology. Among these innovations, the normal balloon catheter has emerged as a crucial tool for a wide range of medical procedures. This article delves into the Normal Balloon Catheter Market, providing a comprehensive analysis of its growth, prevailing trends, and potential future prospects.

Want A Detailed Understanding of Market Functioning? Request for a Sample Here -https://www.factmr.com/connectus/sample?flag=S&rep_id=147

Definition and Function of Normal Balloon Catheter:

A normal balloon catheter, also known as a plain or standard balloon catheter, is a flexible, thin-walled catheter with an inflatable balloon tip. It is primarily used in various medical interventions, such as angioplasty, stent placement, and dilation of narrowed or blocked blood vessels. The catheter is threaded through the vascular system to reach the target area, where the balloon is inflated to widen the vessel and improve blood flow.

Market Size and Growth:

The Normal Balloon Catheter Market has experienced steady growth in recent years due to the increasing prevalence of cardiovascular diseases and the rising elderly population. According to market research, the global normal balloon catheter market was valued at approximately $2.5 billion in 2021 and is projected to reach $3.6 billion by 2026, registering a CAGR of around 7% during the forecast period.

Key Players and Competitive Landscape

Abbott Laboratories
Boston Scientific Corporation
Medtronic plc
Terumo Corporation
MicroPort Scientific Corporation
Braun Melsungen AG
Meril Life Sciences Pvt. Ltd.
Hexacath
Tokai Medical Products Inc.
Cook Medical INC
Cordis Corporation
BIOTRONIK SE & Co. KG.

Key Market Drivers:

Growing Prevalence of Cardiovascular Diseases: Cardiovascular diseases, including coronary artery disease and peripheral artery disease, continue to be a leading cause of morbidity and mortality worldwide. The escalating incidence of these conditions drives the demand for interventional cardiology procedures, fueling the market for normal balloon catheters.

Advancements in Technology: Technological advancements have significantly improved the performance of normal balloon catheters, enhancing their efficacy and safety. Innovations in catheter design, materials, and balloon coatings have reduced the risk of complications during procedures, encouraging their adoption.

Increasing Aging Population: As the global population ages, the incidence of cardiovascular diseases rises. Elderly individuals are more prone to conditions requiring intervention, leading to a higher demand for normal balloon catheters.

Market Challenges:

Competition from Drug-Eluting Balloon Catheters: The normal balloon catheter market faces stiff competition from drug-eluting balloon catheters, which offer the advantage of drug delivery at the site of angioplasty, reducing restenosis rates. As a result, normal balloon catheters may lose some market share to their drug-eluting counterparts.

High Cost of Advanced Catheters: Although advancements in technology have improved catheter performance, they have also led to increased manufacturing costs. The higher cost of advanced normal balloon catheters may limit their adoption in certain regions with budget constraints.

Market Trends:

Minimally Invasive Procedures: The shift towards minimally invasive procedures has been a significant trend in the interventional cardiology field. Normal balloon catheters, being a key tool in such procedures, are likely to witness higher demand as patients and physicians seek less invasive treatment options.

Rising Preference for Outpatient Settings: Patients are increasingly preferring outpatient settings for cardiovascular procedures, as they offer convenience and reduced hospital stays. This trend has driven the demand for normal balloon catheters, as they facilitate less complicated and shorter procedures.

Focus on Emerging Markets: With mature markets approaching saturation, major manufacturers are turning their attention to emerging economies. Countries in Asia-Pacific and Latin America are witnessing a rise in cardiovascular disease prevalence, presenting lucrative opportunities for the normal balloon catheter market.

Future Prospects:

Continued Technological Advancements: The normal balloon catheter market is expected to witness continuous advancements in catheter materials, designs, and coatings. These innovations will likely improve performance, safety, and patient outcomes, further expanding the market.

Integration of Digital Health Solutions: The integration of digital health solutions, such as real-time monitoring and telemedicine, with normal balloon catheter procedures may enhance procedural efficiency and patient management.

Strategic Collaborations and Acquisitions: To strengthen their position in the market, key players may engage in strategic collaborations, partnerships, and acquisitions with emerging startups or other established companies.

Get Customization on this Report for Specific Research Solutions:-https://www.factmr.com/connectus/sample?flag=RC&rep_id=147

Conclusion:

The Normal Balloon Catheter Market continues to grow, driven by the increasing prevalence of cardiovascular diseases, technological advancements, and the aging population. However, it faces challenges from alternative catheter types and cost constraints. To remain competitive, manufacturers should focus on developing innovative solutions, targeting emerging markets, and collaborating with key stakeholders. With a favorable outlook, the normal balloon catheter market is poised to contribute significantly to the advancement of interventional cardiology and patient care in the coming years

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E Mail : sales@factmr.com

About Us -

Fact.MR addresses this challenge head-on by providing insights (not data) that are easy to understand and execute. A leading provider of syndicated and custom market research reports, we offer cutting-edge business intelligence to clients from a range of industries.Our research team is highly qualified to help organizations with their market research needs. In a world where constant disruption is the norm rather than the exception, Fact.MR identifies opportunities and challenges early, and provides its clients the foundation for a winning strategy.We provide both qualitative and quantitative research, spanning market forecast, market segmentation, competitor analysis, and consumer sentiment analysis. We also provide bespoke consulting solutions, guiding clients right from initiation to successful market foray. We do this by taking a multidimensional approach to market intelligence, combining the new with the tried-and-tested. Our consultants use our proprietary research technology with advanced market research tools to translate complex data into easy-to-understand deliverables.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Normal Balloon Catheter Market Sales of normal balloon catheters are slated to accelerate at a CAGR of 7% through 2031-Fact.MR here

News-ID: 3305380 • Views:

More Releases from Fact.MR

Veterinary Hematology Analyzers Market is Expanding at a CAGR of 5.4% by 2035, Powered by IDEXX Laboratories, Inc., Sysmex Corporation, Heska Corporation, Siemens Healthcare Diagnostics Inc., Mindray Medical
09-29-2025 | Health & Medicine
Fact.MR
Veterinary Hematology Analyzers Market is Expanding at a CAGR of 5.4% by 2035, P …
The global veterinary hematology analyzers market is poised for steady growth over the next decade, driven by increasing demand for precise and rapid diagnostic testing in veterinary practices. The market is projected to rise from USD 1.1 billion in 2025 to USD 1.86 billion by 2035, representing a compound annual growth rate (CAGR) of 5.4%. Veterinary hematology analyzers are specialized diagnostic devices used to evaluate the composition and health of
Shoulder Arthroplasty Market Set to Reach USD 2.7 Billion by 2035 | ConMed Corporation, DePuy Synthes, Integra Lifesciences Corporation, Limacorporate S.p.A., and Smith & Nephew PLC.
09-29-2025 | Health & Medicine
Fact.MR
Shoulder Arthroplasty Market Set to Reach USD 2.7 Billion by 2035 | ConMed Corpo …
The global shoulder arthroplasty market is witnessing steady growth, driven by an increasing prevalence of shoulder-related disorders and a rising aging population. The market is projected to expand from USD 1.8 billion in 2025 to USD 2.7 billion by 2035, reflecting a compound annual growth rate (CAGR) of 4.0% during the forecast period. Shoulder arthroplasty, commonly referred to as shoulder replacement surgery, involves the replacement of damaged shoulder joints with
Cloud Computing Market Set to Surge to USD 2,371.6 Billion by 2034 Lead by Google LLC, IBM Corporation, and Microsoft Corporation
Cloud Computing Market Set to Surge to USD 2,371.6 Billion by 2034 Lead by Googl …
The global cloud computing market is experiencing unprecedented growth as businesses and governments increasingly shift toward digital infrastructure to enhance operational efficiency, scalability, and flexibility. The market size is calculated at USD 628.6 billion for 2024 and is projected to expand at a robust CAGR of 14.2%, reaching an estimated value of USD 2,371.6 billion by 2034. This growth underscores the vital role cloud computing plays in modern IT ecosystems,
Neobanking Market Poised to Reach USD 2,048.3 Billion by 2034, Driven by FinTech Innovation and Digital Banking Adoption
Neobanking Market Poised to Reach USD 2,048.3 Billion by 2034, Driven by FinTech …
The global neobanking market is witnessing remarkable growth as financial institutions, technology companies, and startups embrace digital-first banking solutions. Revenue from the market is expected to reach USD 97.45 billion in 2024 and further accelerate at a staggering CAGR of 35.6% to attain USD 2,048.29 billion by the end of 2034. This substantial growth reflects a significant transformation in banking practices worldwide, fueled by evolving consumer expectations, technological advancements, and

All 5 Releases


More Releases for Catheter

Midline Catheter Market
The midline catheter market plays a crucial role in healthcare, providing a safer and more effective means for intravenous (IV) therapies. Midline catheters are long, thin, flexible tubes that are inserted into a patient's veins, typically for periods ranging from a few days to a few weeks. They offer a minimally invasive alternative for administering medications, fluids, and nutrients directly into the bloodstream without the need for repeated needle sticks.
Catheter Stabilization Devices Market
The "Catheter Stabilization Devices Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Catheter Stabilization Devices Market, 2024-2031 Verified Market Research's most recent report, "Catheter Stabilization Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides
Catheter Stabilization Devices Market: Enhancing Patient Safety and Care through …
The Catheter Stabilization Devices Market occupies a pivotal position in the healthcare industry, providing essential solutions for securing catheters and enhancing patient care. As indwelling catheters become integral to various medical procedures and treatment protocols, the need for effective stabilization and securement is paramount. This market addresses this crucial requirement by offering a diverse range of devices designed to prevent catheter-related complications, including dislodgement and infection. 𝗧𝗼 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗺𝗮𝗿𝗸𝗲𝘁
Catheter Introducer Sheaths Market - Safeguarding Vascular Health: Advanced Shea …
Newark, New Castle, USA: The "Catheter Introducer Sheaths Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors. Catheter Introducer Sheaths Market: https://www.growthplusreports.com/report/catheter-introducer-sheaths-market/8787 This latest report researches the industry structure,
Catheter-related Blood Infections Market - Empowering Catheter Safety: Leading t …
Newark, New Castle, USA: The "Catheter-related Blood Infections Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors. Catheter-related Blood Infections Market: https://www.growthplusreports.com/report/catheterrelated-blood-infections-market/8671 This latest report researches the industry structure,
Exclusive Report on Catheter Stabilization Devices Catheter Securement Devices M …
According to the study published by Evolve business intelligence, “The global Catheter Stabilization Devices Catheter Securement Devices market size is expected to reach $ Billion by 2028 growing at the CAGR of 15% from 2021 to 2028. The report provides the reader with a deep-dive understanding of business opportunities, competitor analysis, market size and forecast, go-to-market strategy, and market share. After evaluating the next-gen business analytic report, the reader is