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Drug-Coated Balloons Market Growth: A Detailed Outlook on Market Size, Key Players, and Emerging Trends

01-23-2025 08:51 AM CET | Health & Medicine

Press release from: The Business Research Company

Drug-Coated Balloons Market Size

Drug-Coated Balloons Market Size

What Is The Projected Market Size Of The Global Drug-Coated Balloons Market And Its Growth Rate?
The global drug-coated balloons market has witnessed significant growth in recent years and this momentum is only expected to continue. Key market size data include:
• The market is projected to grow from $1.08 billion in 2024 to $1.24 billion in 2025 at a compound annual growth rate (CAGR) of 15.4%. This rise during the historic period is primarily attributed to factors like the increased cardiovascular disease burden, demand for minimally invasive procedures, prevalence of peripheral artery disease (pad), reduced restenosis rates, and advancements in interventional cardiology.
• The drug-coated balloons market is forecast to reach $2.22 billion in 2029 at a CAGR of 15.6%. Factors contributing to this future growth include an aging population, expansion of indications and applications, focus on outpatient and ambulatory care, integration with drug delivery innovations, and global health initiatives.

What Is Driving The Growth In The Drug-Coated Balloons Market?
The escalating prevalence of coronary artery disease is a major driver for the growth of the drug-coated balloons market. Coronary artery disease (CAD) refers to the narrowing or obstruction of the arteries supplying blood to the heart muscle which can lead to heart attacks. Drug-coated balloons, a type of medical device, are used in the treatment of CAD. The drugs released into the artery during the procedure help to prevent restenosis, which is the re-narrowing of the artery after angioplasty. For instance, a study published by the Journal of the American College of Cardiology in August 2022 forecasts significant increases in cardiovascular risk factors in the U.S. population from 2025 to 2060. The rise in the prevalence of coronary artery disease is thus anticipated to boost the drug-coated balloon market.

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Who Are the Key Players Driving Drug-Coated Balloons Market Growth?
Significant players in the drug-coated balloons market include:
• Acotec Scientific AG
• B. Braun Melsungen AG
• Biosensors International Group Ltd
• Medtronic Inc.
• Boston Scientific Corporation
• Opto Circuits
• Concept Medical
• Cardionovum GmbH
• Endocor GmbH
• Hexacath Sverige
• iVascular SLU
• Minvasys SAS
• MedAlliance
• QT Vascular Ltd
• Terumo Corporation
• Biotronik
• Cook Medical
• Cordis Corporation
• Abbott Laboratories
• Surmodics Inc.,
• Hexacath SAS
• MicroPort
• SurModics Inc.
• Orchestra BioMed

What Are The Key Trends In The Drug-Coated Balloons Market?
Notable trends in the forecast period include:
• Regulatory approvals for new formulations
• Focus on minimizing side effects
• Emergence of bioresorbable coatings
• Market expansion in emerging economies
• Patient-centric approaches

What Are The Segments Of The Global Drug-Coated Balloons Market?
The drug-coated balloons market has the following key segments:
• Product: Drug-Coated Balloons for Peripheral Artery Disease, Drug-Coated Balloons for Coronary Artery Disease, Drug-Coated Balloons for Other Indications
• Drug Type: Paclitaxel, Sirolimus
• End User: Hospitals, Cardiac Catheterization Labs, Ambulatory Surgical Centers

Which Region Leads The Drug-Coated Balloons Market?
North America was the largest region in the global drug-coated balloons market in 2024 and is expected to be the fastest-growing region in the upcoming period. Other regions covered in the drug-coated balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Drug-Coated Balloons Market Global Market Report?
- Market Size Analysis: Analyze the Drug-Coated Balloons Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Drug-Coated Balloons Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Drug-Coated Balloons Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Drug-Coated Balloons Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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