The global PTA balloon catheter Market was valued at USD 2.28 billion in 2018 and is expected to reach USD 4.93 billion by the year 2026, at a CAGR of 10%. PTA means percutaneous transluminal angioplasty a PTA balloon catheter contains an inflatable “balloon at its tip; it is used during a minimally invasive catheterization procedure. The procedure is intended to enlarge a narrowed vessel opening. The deflated balloon is positioned at the narrowed space, it is inflated for a short period, and flattened again for removing.
PTA balloon is used in coronary artery disease and Peripheral Vascular Disease, WHO had reported that about 17.9 million people died from cardiovascular diseases in the year 2016, i.e., 31% of all global deaths. Sedentary lifestyle, habits like lack of physical activity, consumption of alcohol, unhealthy food, smoking, and a rise in the prevalence of obesity, are the major factors driving the market of PTA balloon Catheters. An increase in regulatory approvals and product launches and mergers and acquisitions are expected to fuel the global PTA balloon catheter market. However, alternative therapies and complications associated with serration balloon catheters and upsurge in demand for minimally invasive surgeries are restraining the growth of the market.
An analysis of PTA Balloon Catheter’s growth rate, market share, market size, current and emerging trends, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players is provided in the report, which has been segmented into key regions globally. This report provides a country-by-country analysis of the PTA Balloon Catheter market to give a clearer picture of its regional distribution and growth.
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In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
Medtronic plc; Terumo Corporation; Cardinal Health; Boston Scientific Corporation; Natec Medical; and Surmodics, Inc, Cook Medical, Biotronik, Andratec
Types Outlook (Revenue in Million USD; 2016–2026)
Applications Outlook (Revenue in Million USD; 2017–2024
- Coronary Artery Disease
- Peripheral Vascular Disease
End Use Outlook (Revenue in Million USD; 2017–2024)
- Hospitals and Clinics
- Ambulatory Surgical Centers
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Based on Region market is segmented into:
- North America
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of PTA Balloon Catheter industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of PTA Balloon Catheter manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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