Product Code: ETC13133608 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Percutaneous Transluminal Angioplasty Balloons Market was valued at USD 2.5 Billion in 2024 and is expected to reach USD 3.7 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).
The Global Percutaneous Transluminal Angioplasty Balloons Market is experiencing steady growth due to the increasing prevalence of cardiovascular diseases worldwide. Percutaneous transluminal angioplasty balloons are commonly used in minimally invasive procedures to treat various vascular conditions, such as coronary artery disease and peripheral artery disease. The market is driven by technological advancements in balloon design and materials, leading to improved efficacy and safety of procedures. Additionally, the rising geriatric population and lifestyle factors like unhealthy diet and lack of physical activity contribute to the growing demand for angioplasty balloons. Key players in the market are focusing on product innovation and strategic collaborations to expand their market presence. North America and Europe currently dominate the market, but emerging economies in Asia-Pacific and Latin America present significant growth opportunities in the coming years.
The Global Percutaneous Transluminal Angioplasty Balloons Market is witnessing a growing demand due to the rising prevalence of cardiovascular diseases worldwide. Key trends include technological advancements in balloon catheters for improved outcomes, increasing adoption of minimally invasive procedures, and a focus on product development to enhance patient safety and efficacy. Opportunities in the market lie in the expanding elderly population, the surge in interventional cardiology procedures, and the growing awareness about the benefits of angioplasty balloons in treating arterial blockages. Market players are also investing in research and development activities to introduce innovative products, such as drug-coated balloons, to address the evolving needs of healthcare providers and patients, further driving market growth.
The Global Percutaneous Transluminal Angioplasty Balloons Market faces several challenges, including intense competition among key market players leading to pricing pressures, regulatory hurdles related to product approvals and compliance, and the need for continuous innovation to stay ahead in the market. Additionally, the market is witnessing a shift towards minimally invasive procedures, posing a challenge to traditional angioplasty methods. Furthermore, the variability in healthcare infrastructure and access to advanced medical technologies across different regions creates disparities in market growth opportunities. Addressing these challenges requires companies to invest in research and development, focus on product differentiation, navigate complex regulatory landscapes, and adapt to changing healthcare trends to maintain a competitive edge in the Global Percutaneous Transluminal Angioplasty Balloons Market.
The Global Percutaneous Transluminal Angioplasty Balloons Market is primarily driven by the increasing prevalence of cardiovascular diseases, such as coronary artery disease and peripheral artery disease, which require angioplasty procedures for treatment. Additionally, the rising geriatric population globally, who are more prone to such cardiovascular conditions, is contributing to the market growth. Technological advancements in angioplasty balloons, leading to improved efficiency and outcomes of procedures, are also fueling market expansion. Moreover, the growing adoption of minimally invasive procedures due to their benefits such as reduced recovery time, lower risk of complications, and cost-effectiveness is further propelling the demand for percutaneous transluminal angioplasty balloons worldwide.
Government policies related to the Global Percutaneous Transluminal Angioplasty Balloons Market vary by country, but generally involve regulations on medical device approvals, reimbursement policies, and healthcare system funding. In the United States, the Food and Drug Administration (FDA) oversees the approval process for medical devices, including angioplasty balloons, ensuring their safety and effectiveness. Reimbursement policies from government healthcare programs like Medicare also play a significant role in market dynamics, as they determine the financial incentives for healthcare providers to use these devices. Additionally, government funding for healthcare infrastructure and technology adoption can impact the demand for angioplasty balloons in both developed and developing markets, influencing market growth and innovation in the industry.
The Global Percutaneous Transluminal Angioplasty Balloons Market is expected to witness steady growth in the coming years due to the increasing prevalence of cardiovascular diseases and the rising demand for minimally invasive procedures. Technological advancements in balloon materials and designs, along with the growing adoption of drug-coated balloons, are anticipated to drive market expansion. Moreover, the aging population and changing lifestyle factors are likely to contribute to the market`s growth as these factors increase the incidence of peripheral artery disease and other vascular complications. However, factors such as stringent regulatory requirements and the availability of alternative treatments may pose challenges to market growth. Overall, the market is projected to experience sustained growth opportunities driven by innovation and the increasing need for effective cardiovascular interventions.
In the Global Percutaneous Transluminal Angioplasty Balloons Market, Asia is expected to witness significant growth due to the rising prevalence of cardiovascular diseases and increasing adoption of minimally invasive procedures in countries like China and India. North America is projected to dominate the market, driven by advanced healthcare infrastructure and high awareness about the benefits of angioplasty procedures. In Europe, the market is likely to grow steadily owing to the presence of key market players and increasing investments in research and development. The Middle East and Africa region is anticipated to show moderate growth due to improving healthcare facilities and rising healthcare expenditure. Latin America is also expected to register substantial growth due to the growing geriatric population and increasing healthcare spending in countries like Brazil and Mexico.
Global Percutaneous Transluminal Angioplasty Balloons Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Percutaneous Transluminal Angioplasty Balloons Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 & 2031F |
3.3 Global Percutaneous Transluminal Angioplasty Balloons Market - Industry Life Cycle |
3.4 Global Percutaneous Transluminal Angioplasty Balloons Market - Porter's Five Forces |
3.5 Global Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume Share, By Guidewire Compatibility, 2021 & 2031F |
3.8 Global Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Global Percutaneous Transluminal Angioplasty Balloons Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Percutaneous Transluminal Angioplasty Balloons Market Trends |
6 Global Percutaneous Transluminal Angioplasty Balloons Market, 2021 - 2031 |
6.1 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Conventional Balloons, 2021 - 2031 |
6.1.3 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Drug Eluting Balloons, 2021 - 2031 |
6.1.4 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Cutting and Scoring Balloons, 2021 - 2031 |
6.2 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By 0.014 Inch, 2021 - 2031 |
6.2.3 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By 0.018 Inch, 2021 - 2031 |
6.2.4 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By 0.035 Inch, 2021 - 2031 |
6.3 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Coronary Angioplasty, 2021 - 2031 |
6.3.3 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Peripheral Angioplasty, 2021 - 2031 |
6.4 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.3 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031 |
6.4.4 Global Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Specialty Clinics, 2021 - 2031 |
7 North America Percutaneous Transluminal Angioplasty Balloons Market, Overview & Analysis |
7.1 North America Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 - 2031 |
7.2 North America Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
7.5 North America Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
8 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market, Overview & Analysis |
8.1 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
8.5 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
9 Asia Percutaneous Transluminal Angioplasty Balloons Market, Overview & Analysis |
9.1 Asia Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
9.5 Asia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
10 Africa Percutaneous Transluminal Angioplasty Balloons Market, Overview & Analysis |
10.1 Africa Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
10.5 Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
11 Europe Percutaneous Transluminal Angioplasty Balloons Market, Overview & Analysis |
11.1 Europe Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
11.5 Europe Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
12 Middle East Percutaneous Transluminal Angioplasty Balloons Market, Overview & Analysis |
12.1 Middle East Percutaneous Transluminal Angioplasty Balloons Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Guidewire Compatibility, 2021 - 2031 |
12.5 Middle East Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Percutaneous Transluminal Angioplasty Balloons Market, Revenues & Volume, By End-user, 2021 - 2031 |
13 Global Percutaneous Transluminal Angioplasty Balloons Market Key Performance Indicators |
14 Global Percutaneous Transluminal Angioplasty Balloons Market - Export/Import By Countries Assessment |
15 Global Percutaneous Transluminal Angioplasty Balloons Market - Opportunity Assessment |
15.1 Global Percutaneous Transluminal Angioplasty Balloons Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Percutaneous Transluminal Angioplasty Balloons Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Percutaneous Transluminal Angioplasty Balloons Market Opportunity Assessment, By Guidewire Compatibility, 2021 & 2031F |
15.4 Global Percutaneous Transluminal Angioplasty Balloons Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Percutaneous Transluminal Angioplasty Balloons Market Opportunity Assessment, By End-user, 2021 & 2031F |
16 Global Percutaneous Transluminal Angioplasty Balloons Market - Competitive Landscape |
16.1 Global Percutaneous Transluminal Angioplasty Balloons Market Revenue Share, By Companies, 2024 |
16.2 Global Percutaneous Transluminal Angioplasty Balloons Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |