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Strategic Forecast for the Angioplasty Balloons Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Angioplasty Balloons Market Size Growth Forecast: What to Expect by 2025?
The market size of angioplasty balloons has seen significant growth lately. It's projected to expand from $2.73 billion in 2024 to $2.87 billion in 2025, presenting a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this growth during the historical period include an increase in clinical trials, reduction in regulatory barriers, an uptick in doctor training programs, a boost in reimbursement policies, and the expansion of patient consciousness and education.
How Will the Angioplasty Balloons Market Size Evolve and Grow by 2029?
The market size for angioplasty balloons is slated for consistent growth in the coming years, with projections indicating a rise to $3.47 billion by 2029, boasting a compound annual growth rate (CAGR) of 4.9%. Factors contributing to this growth during the forecast period include an aging demographics, increasing occurrences of cardiovascular ailments, escalated healthcare framework in emerging markets, more adoption of minimally invasive treatments, and a heightened demand for interventional cardiology. In the forecast period, notable trends will encompass individualized treatment plans, the incorporation of sophisticated imaging technology, a transition towards outpatient procedures, the broadening of telemedicine for after-surgery care, and a focus on cost-efficient healthcare solutions.
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What Drivers Are Propelling the Growth of Angioplasty Balloons Market Forward?
The growth of the angioplasty balloons market is being spurred by the rising cases of cardiovascular diseases. These diseases, which include conditions that affect the heart and blood vessels, often result in serious complications such as heart attacks or strokes. They are becoming more common due to factors such as inactive lifestyles, unhealthy eating patterns, increasing rates of overweight and obesity, and aging populations. Angioplasty balloons are used in treating these diseases to broaden narrowed or obstructed blood vessels, reestablishing correct blood circulation and bringing down the chances of complications like heart attacks or strokes. For example, the Minnesota Department of Health reported in September 2024 that approximately 30% of adults in Minnesota had high blood pressure in 2023, equating to nearly 1.4 million people. Furthermore, hypertensive diseases were either the primary or contributing cause of death for 14,225 residents in 2022, accounting for close to 28% of all deaths in the state. Consequently, the escalating prevalence of cardiovascular diseases is bolstering the expansion of the angioplasty balloons market.
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Which Emerging Trends Are Transforming the Angioplasty Balloons Market in 2025?
Significant corporations in the market for angioplasty balloons are concentrating their efforts on the creation of revolutionary products, including sophisticated medical balloon forming systems, to improve accuracy in the production of high-pressure balloons crucial for cardiac treatments. The technology of the Advanced Medical Balloon Forming System is employed for the exact production of compliant medical balloons utilized in catheter systems. Take for example, in June 2024, Interface Catheter Solutions, an innovative catheter technology firm from the US, introduced the BFM-5510 High Force Balloon Forming Machine. This sophisticated benchtop system is crafted for the manufacturing of low- and non-compliant polymer balloons that are used in angioplasty, stent placement, and other vital cardiac procedures. Building upon the BFM-3310 platform, the HF model of the BFM-5510 uses beryllium copper molds to precisely shape extruded balloon tubing, providing stringent quality and tight tolerances for a broad array of sizes and forms. The machine offers boosted production capabilities to meet the requirements of larger, thicker, and more intricate medical balloon manufacturing.
What Are the Key Segments in the Angioplasty Balloons Market?
The angioplasty balloons market covered in this report is segmented -
1) By Product Type: Normal Balloons, Scoring Balloons, Drug-Eluting Balloons, Cutting Balloons
2) By Material: Non-Compliant, Semi-Compliant
3) By Application: Coronary Angioplasty, Peripheral Angioplasty
4) By End User: Hospitals, Specialty Clinics, Catheterization Laboratories, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Normal Balloons: Non-Compliant Balloons, Compliant Balloons
2) By Scoring Balloons: Semi-Compliant Scoring Balloons, Non-Compliant Scoring Balloons
3) By Drug-Eluting Balloons: Paclitaxel-Eluting Balloons, Sirolimus-Eluting Balloons, Everolimus-Eluting Balloons
4) By Cutting Balloons: Balloon Catheters With Cutting Blades, Balloon Catheters With Radial Scoring Elements
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Who Are the Key Players Shaping the Angioplasty Balloons Market's Competitive Landscape?
Major companies operating in the angioplasty balloons market are Johnson & Johnson, Abbott Laboratories, Medtronic Plc, Becton dic*kinson, Koninklijke Philips N.V, Boston Scientific Corporation, B. Braun SE, Terumo Corporation, Cook Medical, Biotronik SE, Merit Medical Systems Inc., Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, AngioDynamics, Cordis, SurModics, iVascular, Hexacath, Balton Sp, Cardionovum, QualiMed Innovative Medizinprodukte GmbH, Acrostak, Panmed US Inc., Translumina GmbH, Concept Medical Inc
What Geographic Markets Are Powering Growth in the Angioplasty Balloons Market?
North America was the largest region in the angioplasty balloons market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angioplasty balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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