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Balloon Catheter Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Balloon Catheter Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Balloon catheter is an innovative medical device that comprises guidewire and catheter, which is inserted into the femoral artery in the leg or sometimes into the radial artery in the arm to treat constricted blood vessels. These products are generally used to prevent blood vessel constriction caused due to atherosclerosis – deposition of lipid substances in the blood vessel. In terms of revenue, the global balloon catheter market is projected to expand at a CAGR of 3.8% during the forecast period and is expected to be valued at US$ 4,191.7 million by the end of 2026. The global balloon catheter market is expected to represent US$ 1,304.3 Mn in terms of incremental opportunity between 2016 and 2026.

The global balloon catheter market is segmented on the basis of product type (Normal Balloon Catheter, Cutting Balloon Catheter, Scoring Balloon Catheter, Drug Eluting Balloon Catheter, Stent Graft Balloon Catheter); disease indication (Coronary Artery Disease, Peripheral Vascular Disease); raw material (Polyurethane, Nylon, Others); and end user (Public Hospitals & Private Hospitals, Ambulatory Surgical Centres, Cardiac Catheterisation Laboratories). The drug eluting balloon catheter segment is expected to expand at a significant CAGR of 20.0% over the forecast period owing to the unique benefits offered by these balloon catheters in the treatment of Coronary Artery Disease (CAD). The stent graft balloon catheter segment is expected to expand at a CAGR of 4.0% in terms of value over the forecast period.

Factors and trends impacting the market

The global market for balloon catheters is expected to witness moderate growth rate in terms of value owing to increasing prevalence of cardiovascular diseases and growing number of cardiology intervention procedures globally. Moreover, growing healthcare expenditure and reimbursement support for vascular disorders, increasing geriatric population, introduction of next generation drug eluting balloon catheters, and increasing research and development activities for multipurpose balloon catheters is creating high potential growth opportunities for players operating in the global balloon catheter market.

A high cost of coronary angioplasty and stenting treatment and risk of infection and artery collapse associated with balloon catheterisation is likely to hinder market growth over the forecast period.

The global balloon catheter market is likely to witness some key trends influencing the market in the next 10 years. Growth in interventional cardiology is facilitating the use of advanced balloon catheters such as drug eluting balloon catheters. Also, the prevalence of patients suffering from end stage renal disease and an increasing number of patients undergoing renal replacement therapy is likely to increase the use of balloon catheters for treatment. Further, the manufacturing of low cost balloon catheters and adoption of capacity expansion is expected to provide key opportunities for the growth of the global balloon catheter market.

Regional market projections

The global balloon catheter market is segmented into seven key regions – North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. Revenue from the balloon catheter market in APEJ is expected to expand at a relatively higher CAGR (4.2%) due to an increase in the elderly population in countries such as China and India. The APEJ market is expected to account for 20.8% revenue share in the global balloon catheter market by 2026. North America is expected to be most attractive market in the global balloon catheter market over the forecast period and is estimated to account for 32.2% revenue share in 2016. Revenue from the Japan balloon catheter market is anticipated to expand at a CAGR of 3.9% from 2016 to 2026.

balloon catheter market

Key players

Boston Scientific Inc., Medtronic, Terumo Corporation, MicroPort Scientific Corporation, B. Braun Melsungen AG, Jotech GmbH, QX Medical LLC, Meril Life Pvt. Ltd., Hexacath, Abbott Laboratories, Tokai Medical Products Inc., Biosensors International Ltd., Cook Medical Inc., Cardionovum GmbH, Cordis Corporation, and Biotronik Inc. are the leading companies operating in the global balloon catheter market.


1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
2.3. Global Cardiovascular Catheter Market Overview
3. Balloon Catheter Market Analysis Scenario
3.1. Market Volume Analysis
3.1.1. Installed Base By Region
3.2. Pricing Analysis
3.2.1. Pricing Assumptions
3.2.2. Price Projections Per Region
3.3. Market Size (US$ Mn) and Forecast
3.3.1. Market Size and Y-o-Y Growth
3.3.2. Absolute $ Opportunity
3.4. Market Overview
3.4.1. Value Chain
4. Market Dynamics
4.1. Macro-economic Factors
4.2. Drivers
4.2.1. Supply Side
4.2.2. Demand Side
4.3. Restraints
4.4. Opportunity
4.5. Forecast Factors – Relevance and Impact
4.6. Regulations & Reimbursement
5. Global Balloon Catheter Market Analysis and Forecast, By Product
5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis By Product
5.1.2. Y-o-Y Growth Projections By Product
5.1.3. Product Roadmap
5.2. Market Size (US$ Mn) and Volume (Units) Forecast By Product
5.2.1. Normal Balloon Catheter
5.2.2. Cutting Balloon Catheter
5.2.3. Scoring Balloon Catheter
5.2.4. Drug Eluting Balloon Catheter
5.2.5. Stent Graft Balloon Catheter
5.3. Market Attractiveness Analysis By Product
6. Global Balloon Catheter Market Analysis and Forecast, By Raw Material
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis By Raw Material
6.1.2. Y-o-Y Growth Projections By Raw Material
6.2. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
6.2.1. Polyurethane
6.2.2. Nylon
6.2.3. Others
6.3. Market Attractiveness Analysis By Raw Material
7. Global Balloon Catheter Market Analysis and Forecast, By Indication
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis By Indication
7.1.2. Y-o-Y Growth Projections By Indication
7.2. Market Size (US$ Mn) and Volume (Units) Forecast By Indication
7.2.1. Coronary Artery Disease
7.2.2. Peripheral Vascular Disease
7.3. Market Attractiveness Analysis By Indication
8. Global Balloon Catheter Market Analysis and Forecast, By End User
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis By End User
8.1.2. Y-o-Y Growth Projections By End User
8.2. Market Size (US$ Mn) and Volume (Units) Forecast By End User
8.2.1. Hospitals
8.2.1.1. Public Hospitals
8.2.1.2. Private Hospitals
8.2.2. Ambulatory Surgical Centers
8.2.3. Cardiac Catheterization Laboratories
8.3. Market Attractiveness Analysis By End User
9. Global Balloon Catheter Market Analysis and Forecast, By Region
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis By Region
9.1.2. Y-o-Y Growth Projections By Region
9.2. Market Size (US$ Mn) and Volume (Units) Forecast By Region
9.2.1. North America
9.2.2. Western Europe
9.2.3. Asia Pacific Excl. Japan (APEJ)
9.2.4. Latin America
9.2.5. Eastern Europe
9.2.6. Middle East and Africa (MEA)
9.3. Market Attractiveness Analysis By Region
10. North America Balloon Catheter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis By Country
10.1.2. Y-o-Y Growth Projections By Country
10.1.3. Key Regulations
10.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
10.2.1. U.S.
10.2.2. Canada
10.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product
10.3.1. Normal Balloon Catheter
10.3.2. Cutting Balloon Catheter
10.3.3. Scoring Balloon Catheter
10.3.4. Drug Eluting Balloon Catheter
10.3.5. Stent Graft Balloon Catheter
10.4. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
10.4.1. Polyurethane
10.4.2. Nylon
10.4.3. Others
10.5. Market Size (US$ Mn) and Volume (Units) Forecast By End User
10.5.1. Hospitals
10.5.1.1. Public Hospitals
10.5.1.2. Private Hospitals
10.5.2. Ambulatory Surgical Centers
10.5.3. Cardiac Catheterization Laboratories
10.6. Market Attractiveness Analysis
10.6.1. By Country
10.6.2. By Product
10.6.3. By Raw Material
10.6.4. By Indication
10.6.5. By End User
10.7. Prominent Trends
10.8. Drivers and Restraints: Impact Analysis
11. Latin America Balloon Catheter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis By Country
11.1.2. Y-o-Y Growth Projections By Country
11.1.3. Key Regulations
11.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
11.2.1. Brazil
11.2.2. Mexico
11.2.3. Rest of Latin America
11.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product
11.3.1. Normal Balloon Catheter
11.3.2. Cutting Balloon Catheter
11.3.3. Scoring Balloon Catheter
11.3.4. Drug Eluting Balloon Catheter
11.3.5. Stent Graft Balloon Catheter
11.4. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
11.4.1. Polyurethane
11.4.2. Nylon
11.4.3. Others
11.5. Market Size (US$ Mn) and Volume (Units) Forecast By End User
11.5.1. Hospitals
11.5.1.1. Public Hospitals
11.5.1.2. Private Hospitals
11.5.2. Ambulatory Surgical Centers
11.5.3. Cardiac Catheterization Laboratories
11.6. Market Attractiveness Analysis
11.6.1. By Country
11.6.2. By Product
11.6.3. By Raw Material
11.6.4. By Indication
11.6.5. By End User
11.7. Prominent Trends
11.8. Drivers and Restraints: Impact Analysis
12. Western Europe Balloon Catheter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis By Country / Region
12.1.2. Y-o-Y Growth Projections By Country
12.1.3. Key Regulations
12.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country / Region
12.2.1. Germany
12.2.2. France
12.2.3. Italy
12.2.4. Spain
12.2.5. U.K.
12.2.6. BENELUX
12.2.7. Rest of Western Europe
12.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product
12.3.1. Normal Balloon Catheter
12.3.2. Cutting Balloon Catheter
12.3.3. Scoring Balloon Catheter
12.3.4. Drug Eluting Balloon Catheter
12.3.5. Stent Graft Balloon Catheter
12.4. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
12.4.1. Polyurethane
12.4.2. Nylon
12.4.3. Others
12.5. Market Size (US$ Mn) and Volume (Units) Forecast By End User
12.5.1. Hospitals
12.5.1.1. Public Hospitals
12.5.1.2. Private Hospitals
12.5.2. Ambulatory Surgical Centers
12.5.3. Cardiac Catheterization Laboratories
12.6. Market Attractiveness Analysis
12.6.1. By Country
12.6.2. By Product
12.6.3. By Raw Material
12.6.4. By Indication
12.6.5. By End User
12.7. Prominent Trends
12.8. Drivers and Restraints: Impact Analysis
13. Eastern Europe Balloon Catheter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis By Country
13.1.2. Y-o-Y Growth Projections By Country
13.1.3. Key Regulations
13.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
13.2.1. Russia
13.2.2. Poland
13.2.3. Rest of Eastern Europe
13.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product
13.3.1. Normal Balloon Catheter
13.3.2. Cutting Balloon Catheter
13.3.3. Scoring Balloon Catheter
13.3.4. Drug Eluting Balloon Catheter
13.3.5. Stent Graft Balloon Catheter
13.4. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
13.4.1. Polyurethane
13.4.2. Nylon
13.4.3. Others
13.5. Market Size (US$ Mn) and Volume (Units) Forecast By End User
13.5.1. Hospitals
13.5.1.1. Public Hospitals
13.5.1.2. Private Hospitals
13.5.2. Ambulatory Surgical Centers
13.5.3. Cardiac Catheterization Laboratories
13.6. Market Attractiveness Analysis
13.6.1. By Country
13.6.2. By Product
13.6.3. By Raw Material
13.6.4. By Indication
13.6.5. By End User
13.7. Prominent Trends
13.8. Drivers and Restraints: Impact Analysis
14. Asia Pacific Excl. Japan (APEJ) Balloon Catheter Market Analysis and Forecast
14.1. Introduction
14.1.1. Basis Point Share (BPS) Analysis By Country / Region
14.1.2. Y-o-Y Growth Projections By Country / Region
14.1.3. Key Regulations
14.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country / Region
14.2.1. China
14.2.2. India
14.2.3. ASEAN
14.2.4. Australia and New Zealand
14.2.5. Rest of APEJ
14.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product
14.3.1. Normal Balloon Catheter
14.3.2. Cutting Balloon Catheter
14.3.3. Scoring Balloon Catheter
14.3.4. Drug Eluting Balloon Catheter
14.3.5. Stent Graft Balloon Catheter
14.4. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
14.4.1. Polyurethane
14.4.2. Nylon
14.4.3. Others
14.5. Market Size (US$ Mn) and Volume (Units) Forecast By End User
14.5.1. Hospitals
14.5.1.1. Public Hospitals
14.5.1.2. Private Hospitals
14.5.2. Ambulatory Surgical Centers
14.5.3. Cardiac Catheterization Laboratories
14.6. Market Attractiveness Analysis
14.6.1. By Country
14.6.2. By Product
14.6.3. By Raw Material
14.6.4. By Indication
14.6.5. By End User
14.7. Prominent Trends
14.8. Drivers and Restraints: Impact Analysis
15. Japan Balloon Catheter Market Analysis and Forecast
15.1. Introduction
15.1.1. Key Regulations
15.2. Market Size (US$ Mn) and Volume (Units) Forecast By Product
15.2.1. Normal Balloon Catheter
15.2.2. Cutting Balloon Catheter
15.2.3. Scoring Balloon Catheter
15.2.4. Drug Eluting Balloon Catheter
15.2.5. Stent Graft Balloon Catheter
15.3. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
15.3.1. Polyurethane
15.3.2. Nylon
15.3.3. Others
15.4. Market Size (US$ Mn) and Volume (Units) Forecast By End User
15.4.1. Hospitals
15.4.1.1. Public Hospitals
15.4.1.2. Private Hospitals
15.4.2. Ambulatory Surgical Centers
15.4.3. Cardiac Catheterization Laboratories
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product
15.5.3. By Raw Material
15.5.4. By Indication
15.5.5. By End User
15.6. Prominent Trends
15.7. Drivers and Restraints: Impact Analysis
16. Middle East and Africa Balloon Catheter Market Analysis and Forecast
16.1. Introduction
16.1.1. Basis Point Share (BPS) Analysis By Country / Region
16.1.2. Y-o-Y Growth Projections By Country / Region
16.1.3. Key Regulations
16.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country / Region
16.2.1. GCC Countries
16.2.2. South Africa
16.2.3. Rest of Middle East and Africa
16.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product
16.3.1. Normal Balloon Catheter
16.3.2. Cutting Balloon Catheter
16.3.3. Scoring Balloon Catheter
16.3.4. Drug Eluting Balloon Catheter
16.3.5. Stent Graft Balloon Catheter
16.4. Market Size (US$ Mn) and Volume (Units) Forecast By Raw Material
16.4.1. Polyurethane
16.4.2. Nylon
16.4.3. Others
16.5. Market Size (US$ Mn) and Volume (Units) Forecast By End User
16.5.1. Hospitals
16.5.1.1. Public Hospitals
16.5.1.2. Private Hospitals
16.5.2. Ambulatory Surgical Centers
16.5.3. Cardiac Catheterization Laboratories
16.6. Market Attractiveness Analysis
16.6.1. By Country
16.6.2. By Product
16.6.3. By Raw Material
16.6.4. By Indication
16.6.5. By End User
16.7. Prominent Trends
16.8. Drivers and Restraints: Impact Analysis
17. Competition Landscape
17.1. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)
17.2. Global Players
17.2.1. Boston Scientific Inc.
17.2.2. Medtronic
17.2.3. Terumo Corporation
17.2.4. MicroPort Scientific Corporation
17.2.5. B. Braun Melsungen AG
17.2.6. Jotech GmbH
17.2.7. QX Medical LLC
17.2.8. Meril Life Pvt. Ltd.
17.2.9. Hexacath
17.2.10. Abbott Laboratories
17.2.11. Tokai Medical Products Inc.
17.2.12. Biosensors International Ltd.
17.2.13. Cook Medical Inc.
17.2.14. Cardionovum GmbH.
17.2.15. Cordis Corporation
17.2.16. Biotronik
18. Assumptions and Acronyms Used
19. Research Methodology

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