PTA balloon catheters devices market is predicted to reach USD 3.6 billion at a CAGR of 7.50% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global PTA balloon catheters devices market”.

The PTA balloon catheters devices market is estimated to register a CAGR of 7.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global PTA balloon catheters devices market— Medtronic plc Terumo Corporation Cardinal Health Boston Scientific CorporationNatec Medical AndraTec Cook Medical Biotroni Abbot Koninklijke Philips Braun Melsungen, Becton, Cardionovum GmbH.

PTA Balloon Catheters Devices Market Highlights

The global PTA balloon catheters devices market is accounted to register a CAGR of 7.50% during the forecast period and is estimated to reach USD 3.6 billion by 2032.

The expansion of the market is also being aided by rising government spending and sales of catheters, particularly PTA (percutaneous transluminal angioplasty) variations, have increased as a result of the paradigm shift from traditional to angioplasty surgery health care expenses in both developed and emerging nations. Because cardiac catheters more frequently, they are more likely to develop catheter-associated bloodstream infections. The market for balloon catheters may therefore grow more catheterization patients use.

Segment Analysis

The global PTA balloon catheters devices market has been segmented based on material type, application and end user.

Based on the material type, the market is segmented into Polyurethane and Nylon. The nylon segment was attributed to holding the largest market share in 2022 due to the fact that nylon is softer and simpler to remove into the introducer sheath or guiding catheter

Based on application, the global PTA balloon catheters devices market has been segmented into Coronary Artery Disease and Peripheral Vascular Disease. The peripheral vascular disease segment was expected to hold the largest market share in 2022. One of the main causes of peripheral vascular disorders is the aging population's rapid rise.

Based on end user, the global PTA balloon catheters devices market has been segmented into Hospitals or Clinics, Ambulatory Surgery Centres, and Others. The hospitals segment was expected to hold the largest market share in 2022 due to the expanding patient base and growing desire for surgeries that are more effective.

Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of PTA balloon catheters devices Market Research Report

Regional Analysis

The global PTA balloon catheters devices market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe PTA balloon catheters devices market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The PTA balloon catheters devices market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World PTA balloon catheters devices market comprises of Middle East, Africa, and Latin America.

The largest market share for PTA balloon catheters devices was maintained by the North American regional sector. The balloon device market share reporting was dominated by North America. Sturdy healthcare infrastructure, an emphasis on the creation of new equipment, and better patient diagnostics are all contributing to the expansion of this region. The market in this area is benefiting from a growing elderly population as well as higher health care costs due to the high frequency of cardiovascular diseases and the increasing need for less invasive surgical procedures.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for PTA balloon catheters devices is driven by The European market is being driven by a number of high-tech products introduced by key manufacturers, government efforts, and the rising prevalence of diabetes. The world's aging demographics and rising levels of disposable income are also attributed for market’s expansion.

Additionally, this is because the prevalence of cardiovascular disorders is rising, and healthcare costs are rising as well. Additionally, the growing aging populations in nations, along with rising disposable incomes, will help to fuel market expansion in this region. The market in this area will expand as a result of the rise in medical tourism in a number of developing nations.

Furthermore, the rest of the world's PTA balloon catheters devices market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of cardiac catheters more frequently; they are more likely to develop catheter-associated bloodstream infections. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global PTA balloon catheters devices market is expected to reach USD 3.6 billion by 2032, at a CAGR of 7.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing emphasis placed on aging populations in nations, along with rising disposable incomes.


• Based on application, the peripheral vascular disease segment was expected to hold the largest market share in 2022.


• Medtronic plc Terumo Corporation, Cardinal Health, Boston Scientific Corporation, Natec, Medical, AndraTec Cook Medical ,Biotroni Abbot Koninklijke, Philips Braun, Melsungen, Becton, Cardionovum GmbH.