Global Angioplasty Balloon Market Trends, Size, Share, and Growth Analysis

 According to the research report published by Polaris Market Research, the global angioplasty balloons market was valued at USD 2.55 billion in 2021 and is expected to reach USD 3.44 billion by 2030, to grow at a CAGR of 3.4% during the forecast period.

Market Overview

Angioplasty balloons are critical devices used in percutaneous transluminal angioplasty (PTA) procedures to dilate narrowed or obstructed blood vessels, primarily in the treatment of coronary artery disease (CAD) and peripheral artery disease (PAD). The market encompasses various types of balloons, including normal balloons, drug-coated balloons (DCBs), cutting balloons, and scoring balloons. In 2024, normal balloons accounted for the largest market share due to their widespread use and cost-effectiveness. 

Technological advancements, such as the development of DCBs, have enhanced the efficacy of angioplasty procedures by reducing restenosis rates and improving patient outcomes. The growing preference for minimally invasive surgeries, which offer shorter recovery times and reduced complications, further propels market demand.

Key Companies

  • AngioDynamics
  • B. Braun Melsungen AG.
  • Becton Dickinson
  • Biomerics
  • BIOTRONIK Vertriebs GmbH & Co. KG
  • Boston Scientific Corporation
  • Cardinal Health
  • Cordis (Cardinal Health)
  • CTK biotech
  • Inc
  • Hexacath
  • INFINITY Angioplasty Balloon
  • JOTEC GmbH
  • Koninklijke Philips N.V
  • Medtronic Plc
  • MicroPort Scientific Corporation
  • Nipro Medical Corporation

Country-Wise Market Trends

United States

The United States remains a dominant force in the angioplasty balloon market, attributed to its advanced healthcare infrastructure, high healthcare spending, and a growing elderly population. In 2024, the U.S. market generated a revenue of USD 954.5 million and is expected to reach USD 1,144.6 million by 2030, growing at a CAGR of 3.1%. The adoption of minimally invasive procedures and the availability of cutting-edge medical technologies contribute to market growth.

Canada

Canada is witnessing steady growth in the angioplasty balloon market, driven by a robust healthcare system and increasing awareness of cardiovascular health. The country's investments in healthcare infrastructure and emphasis on early diagnosis and intervention support the adoption of advanced interventional cardiology treatments.

United Kingdom

The UK market benefits from a strong healthcare system, with the National Health Service (NHS) providing broad access to advanced interventional cardiology treatments. The rising prevalence of CAD and PAD, combined with the growing trend toward minimally invasive surgeries, supports the demand for angioplasty balloons.

Germany

Germany is one of the largest markets for angioplasty balloons in Europe, due to its advanced healthcare system, high standard of medical research, and a large aging population. The country's well-established network of hospitals and catheterization labs, combined with the growing demand for interventional cardiology procedures, particularly in coronary and peripheral artery diseases, has spurred the use of angioplasty balloons.

France

France's angioplasty balloon market is growing steadily, supported by a robust healthcare system, high healthcare expenditure, and an aging population with a high prevalence of cardiovascular diseases. The French healthcare system provides wide access to medical treatments, and hospitals and catheterization labs are key centers for performing balloon angioplasty.

Italy

Italy is focusing on enhancing its cardiovascular health infrastructure through strategic initiatives and robust governmental support. The country's emphasis on digital transformation includes the implementation of national health strategies and the establishment of specialized cardiac centers. These efforts aim to improve patient outcomes and position Italy as a significant contributor to advancements in interventional cardiology.

India

India is experiencing a growing demand for angioplasty balloons, driven by rising incidences of cardiovascular diseases, particularly in urban areas. The country's angioplasty balloon market is projected to grow rapidly over the forecast period, supported by increasing healthcare investments and awareness programs.

China

China is one of the fastest-growing markets for angioplasty balloons in the Asia-Pacific region. The increasing burden of cardiovascular diseases, particularly CAD and PAD, is driving the demand for interventional procedures. Government initiatives to improve healthcare access and affordability further contribute to market growth.

Japan

Japan has a well-established and advanced healthcare system, making it a key market for angioplasty balloons in the Asia-Pacific region. With one of the highest rates of cardiovascular diseases in the world, the demand for balloon angioplasty procedures is high. The country's focus on technological innovation and early adoption of advanced medical devices supports market expansion.

Australia

Australia's angioplasty balloon market is driven by increasing digitalization across industries and rising cardiovascular disease prevalence. The government has implemented initiatives to enhance healthcare infrastructure, and the Australian healthcare system has been instrumental in addressing cardiovascular health. The market is witnessing a growing emphasis on compliance with healthcare regulations and the adoption of advanced medical technologies.

Brazil

Brazil is the largest market for angioplasty balloons in Latin America, driven by the rising prevalence of cardiovascular diseases and an expanding healthcare sector. The Brazilian government's focus on improving access to medical treatments and the increasing adoption of modern medical technologies has spurred the demand for angioplasty procedures. The growing number of catheterization labs and the trend toward minimally invasive surgeries have further fueled the adoption of angioplasty balloons in Brazil.

Mexico

Mexico is witnessing significant growth in the angioplasty balloon market, attributed to increasing rates of cardiovascular diseases and the growing adoption of minimally invasive procedures. The country's healthcare reforms and investments in medical infrastructure support the expansion of interventional cardiology services.

Saudi Arabia

Saudi Arabia is a key market in the Middle East and Africa region for angioplasty balloons, driven by high rates of cardiovascular diseases, especially coronary artery disease. The country has been investing heavily in its healthcare system, with a focus on upgrading hospitals and catheterization labs to provide advanced treatment options. The rising demand for minimally invasive treatments and the expansion of specialized heart centers in the region are contributing to the market's growth.

South Africa

South Africa is witnessing steady growth in the angioplasty balloon market, primarily due to the rising prevalence of cardiovascular diseases and an increasingly health-conscious population. The country's well-established healthcare system, combined with significant investments in advanced medical technologies, has led to the adoption of minimally invasive interventional procedures, including balloon angioplasty.

Explore More:

https://www.polarismarketresearch.com/industry-analysis/global-angioplasty-balloon-market 

Conclusion

The global angioplasty balloon market is poised for significant growth, underpinned by the accelerating prevalence of cardiovascular diseases across countries. As healthcare systems continue to embrace advanced medical technologies and minimally invasive procedures, the demand for angioplasty balloons will remain integral to ensuring optimal patient outcomes in the treatment of coronary and peripheral artery diseases.

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