The future of the global balloon catheter market looks promising with opportunities in the hospital, ambulatory surgical center, and cardiac catheterization laboratories. The global balloon catheter market is expected to reach an estimated $6.9 billion by 2028 with a CAGR of 7.6% from 2023 to 2028. The major drivers for this market are significant amount of these catheters are used in medical diagnosis and therapy, such as for heart-related disorders and introduction of improved balloon dilatation catheters with high-pressure capacity.
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Answer: The global balloon catheter market is expected to reach an estimated $6.9 billion by 2028.
Q2. What is the growth forecast for balloon catheter market?
Answer: The global balloon catheter market is expected to grow with a CAGR of 7.6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the balloon catheter market?
Answer: The major drivers for this market are significant amount of these catheters are used in medical diagnosis and therapy, such as for heart-related disorders and introduction of improved balloon dilatation catheters with high-pressure capacity.
Q4. What are the major segments for balloon catheter market?
Answer: The future of the balloon catheter market looks promising with opportunities in the hospital, ambulatory surgical center, and cardiac catheterization laboratories.
Q5. Who are the key balloon catheter companies?
Answer: Some of the key balloon catheter companies are as follows:
Answer: The analyst forecasts that nylon will remain the larger segment over the forecast period due to the increasing requirement for high-pressure balloons made of nylon that can stretch between 100% and 800%.
Q7. In balloon catheter market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the availability of major players, substantial demand for the product among the existing customers, and presence of advanced infrastructure, modern technologies, and supportive investment in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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A more than 150-page report is developed to help in your business decisions.
Balloon Catheter Market by Segment
The study includes a forecast for the global balloon catheter market by product type, raw material, indication, end use industry, and region, as follows:Balloon Catheter Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Normal
- Cutting
- Scoring
- Drug Eluting
- Others
Balloon Catheter Market by Raw Material [Value ($B) Shipment Analysis from 2017 to 2028]:
- Polyurethane
- Nylon
- Others
Balloon Catheter Market by Indication [Value ($B) Shipment Analysis from 2017 to 2028]:
- Coronary Artery Disease
- Peripheral Vascular Disease
Balloon Catheter Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
- Hospitals
- Ambulatory Surgical Centers
- Cardiac Catheterization Laboratories
Balloon Catheter Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Balloon Catheter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies balloon catheter companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the balloon catheter companies profiled in this report include:- Biomerics
- Boston Scientific
- A.V medical
- Teleflex Medical
- Johnson & Johnson
Balloon Catheter Market Insights
- The analyst forecasts that nylon will remain the larger segment over the forecast period due to the increasing requirement for high-pressure balloons made of nylon that can stretch between 100% and 800%.
- Hospital is expected to witness highest growth over the forecast period due to the increasing usage of this device in cases of chronic heart disease brought on by diabetes or high cholesterol and growing preference for minimally invasive procedures among patients.
- North America will remain the largest region due to the availability of major players, substantial demand for the product among the existing customers, and presence of advanced infrastructure, modern technologies, and supportive investment in the region.
Features of the Balloon Catheter Market
- Market Size Estimates: Balloon catheter market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Balloon catheter market size by various segments, such as by product type, raw material, indication, end use industry, and region
- Regional Analysis: Balloon catheter market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by product type, raw material, indication, end use industry, and regions for the balloon catheter market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the balloon catheter market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the balloon catheter market size?Answer: The global balloon catheter market is expected to reach an estimated $6.9 billion by 2028.
Q2. What is the growth forecast for balloon catheter market?
Answer: The global balloon catheter market is expected to grow with a CAGR of 7.6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the balloon catheter market?
Answer: The major drivers for this market are significant amount of these catheters are used in medical diagnosis and therapy, such as for heart-related disorders and introduction of improved balloon dilatation catheters with high-pressure capacity.
Q4. What are the major segments for balloon catheter market?
Answer: The future of the balloon catheter market looks promising with opportunities in the hospital, ambulatory surgical center, and cardiac catheterization laboratories.
Q5. Who are the key balloon catheter companies?
Answer: Some of the key balloon catheter companies are as follows:
- Biomerics
- Boston Scientific
- A.V medical
- Teleflex Medical
- Johnson & Johnson
Answer: The analyst forecasts that nylon will remain the larger segment over the forecast period due to the increasing requirement for high-pressure balloons made of nylon that can stretch between 100% and 800%.
Q7. In balloon catheter market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the availability of major players, substantial demand for the product among the existing customers, and presence of advanced infrastructure, modern technologies, and supportive investment in the region.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers the following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the balloon catheter market by product type (normal, cutting, scoring, drug eluting, and others), raw material (polyurethane, nylon, and others), indication (coronary artery disease and peripheral vascular disease), end use industry (hospitals, ambulatory surgical centers, and cardiac catheterization laboratories), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Balloon Catheter Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2017 to 2028
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Biomerics
- Boston Scientific
- A.V medical
- Teleflex Medical
- Johnson & Johnson
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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