Top Factor Driving Balloon Catheters Market Growth in 2025: Growth Driven By Rising Popularity Of Minimally Invasive Procedures

How Big Is the Balloon Catheters Market Expected to Be, and What Will Its Growth Rate Be?
In recent times, there has been significant growth in the balloon catheters market size. The market, valued at $3.92 billion in 2024, is anticipated to expand to $4.14 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. Factors such as increased attention to managing chronic diseases, a surge in cardiovascular diseases, a shift towards patient-centric care, a growing elderly population and a heightened demand for improved catheter performance have all driven growth during the historic period.

Anticipations point towards a robust expansion for balloon catheters market in the years to come. The market is projected to reach $5.08 billion by 2029, registering a compound annual growth rate (CAGR) of 5.3%. The expected growth during this period is due to factors such as increased healthcare expenditure, a surge in endovascular procedures, growth in research and development activities, a rising application of balloon catheters in non-cardiac areas, and wider healthcare access in developing markets. Dominant trends for this forecasted period include deployment of stents assisted by balloons, enhanced inflation mechanisms, customization coupled with better imaging, and integration with wearable and remote monitoring devices.

What Are the Primary Growth Drivers for the Balloon Catheters Market?
The balloon catheters market is set to expand, driven by the increasing prevalence of minimally invasive surgeries. These procedures, in which fewer and smaller incisions are made in the body, are increasingly being preferred due to factors like shorter recovery times, lower complication risks, less discomfort, and the availability of technological advancements and outpatient modalities. Balloon catheters significantly contribute to these surgical procedures' benefits by enhancing the accuracy, safety, and comfort of the procedures, while also reducing recovery times and duration of hospital stays. An example of this can be seen with Intuitive Surgical Inc., a manufacturer of robotic products based in the US. The company reported that it has installed 415 of its da Vinci surgical systems - which employ a minimally invasive surgical approach - in the 2023's fourth quarter. This represents a 12% increase compared to 2022. Consequently, the balloon catheters market's growth is catalyzed by the rising adoption of minimally invasive surgeries.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20717&type=smp

Who Are the Dominant Companies Influencing Balloon Catheters Market Trends?
Major companies operating in the balloon catheters market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, Lepu Medical Technology, B. Braun Melsungen AG, Terumo Corporation, Teleflex Incorporated, Cook Medical Inc., Biotronik SE & Co. KG, Merit Medical Systems Inc., Asahi Intecc Co. Ltd., Freudenberg Medical LLC, Biomerics, AngioDynamics Inc., Endologix Inc., Raumedic AG, Otsuka Pharmaceutical Factory Inc., AngioScore Inc., CardioFlow, Endocor GmbH, MicroPort Scientific Corporation, Eureka Medical Inc., Neovasc Inc.

What Are the Emerging Trends in the Balloon Catheters Industry?
Leading businesses in the balloon catheters market are concentrating on the production of mechanical thrombectomy (MT) process solutions, with an aim to improve the efficacy of blood clot removal whilst maintaining local blood flow control during these interventions. Mechanical thrombectomy (MT) is a less invasive medical procedure leveraged for the extraction of blood clots from blood vessels, generally applied in cases of ischemic stroke. For instance, in September 2024, CERENOVUS, a neurovascular department of Johnson & Johnson Medical Devices Companies, introduced the EMBOGUARD Balloon Guide Catheter in Europe. This invention is comprised for utilization in endovascular procedures, including acute ischemic stroke treatments. The functionality of the EMBOGUARD catheter augments clot removal efficiency by keeping control of localized blood flow during mechanical thrombectomy procedures. Its application is associated with a rise in initial pass recanalization rates, reduction in time taken for the procedure and a reduced risk of clot fragment-induced distal emboli, possibly causing new ischemic occurrences. The EMBOGUARD Balloon Guide Catheter is a component of the CERENOVUS Stroke Solutions portfolio, an accumulation of technologies that assist doctors in implementing mechanical thrombectomy procedures.

What Are the Different Segmentations in the Balloon Catheters Market?
The balloon catheters market covered in this report is segmented -

1) By Type: Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheters, Chronic Total Occlusion (CTO) Balloon Catheters, Microcatheters
2) By Product Type: Normal Balloon Catheter, Drug Eluting Balloon Catheter, Cutting Balloon Catheter, Stent Graft Balloon Catheter, Scoring Balloon Catheter
3) By Distribution Channel: Direct Tender, Third Party Distribution, Other Distribution Channels
4) By Application: Coronary Artery Disease, Peripheral Artery Disease, Other Applications
5) By End User: Hospitals, Specialty Centers, Ambulatory Surgery Centers, Other End Users

Subsegments:
1) By Percutaneous Transluminal Coronary Angioplasty (PTCA) Balloon Catheters: Semi-Compliant Balloon Catheters, Non-Compliant Balloon Catheters
2) By Chronic Total Occlusion (CTO) Balloon Catheters: High-Pressure CTO Balloon Catheters, Low-Profile CTO Balloon Catheters
3) By Microcatheters: Diagnostic Microcatheters, Therapeutic Microcatheters

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/balloon-catheters-global-market-report

Which Region Is at the Forefront of the Balloon Catheters Market?
North America was the largest region in the balloon catheters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the balloon catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Balloon Catheters Global Market Report?

- Market Size Analysis: Analyze the balloon catheters Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the balloon catheters 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 balloon catheters market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the balloon catheters market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20717

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.