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Pta balloon catheter market | Coherent Market Insights

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Pta balloon catheter market | Coherent Market Insights

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  1. Coherent Marketing Insights https://www.coherentmarketinsights.com/ Market Research & Business Consulting Services Covid-19 Impact Tracker

  2. PTA BALLOON CATHETER MARKET ANALYSIS PTA Balloon Catheter Market by Material Type (Polyurethane, Nylon, and Others), by Application (Coronary Artery Disease and Peripheral Vascular Disease), by End User (Hospitals or Clinics, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Trends, and Forecast 2018 - 2026

  3. PTA stands for ‘percutaneous transluminal angioplasty’. PTA balloon catheter has an inflatable ‘balloon’ at its tip, which is used during a minimally invasive catheterization procedure. This procedure is used to enlarge the narrowed vessel opening. The deflated balloon is positioned at the narrowed space and inflated for the short period of time and deflated again to be removed. PTA balloons come in various sizes, lengths, and shapes, depending on the anatomy they are intended to treat. PTA balloon catheters can be used in two ways for the treatment of peripheral vascular lesions. One way is to expand the lumen of an obstructed blood vessel. This method is referred to as the ‘plain-old balloon angioplasty’ (POBA). The second use is for expanding stents for the treatment of vascular blockages. The global PTA balloon catheter market size was valued at US$ 1,127.7 million in 2017, and is expected to exhibit a CAGR of 6.8% over the forecast period (2018 – 2026).

  4. Figure 1. Global PTA Balloon Catheter Market Value (US$ Mn), by Region, 2018

  5. Increasing prevalence of urological and cardiovascular diseases is expected to propel the PTA balloon catheter market growth Increasing prevalence of urological and cardiovascular diseases is expected to increase demand for PTA balloon catheters, which in turn is expected to fuel the PTA balloon catheter market growth over the forecast period. The urological diseases include, urinary tract infections, kidney stones, and prostate problems. According to, the American Cancer Society around 174,650 new cases and around 31,620 deaths occurs due to prostate cancer the U.S. in 2019. According to National Institute of Diabetes and Digestive and Kidney Diseases, in 2017, around 11% of men and 6% of women in the U.S. suffered from kidney stone.

  6. Figure 2. Global PTA Balloon Catheter Market Share (%), by Material Type, 2018 and 2026

  7. Increasing Launch of New Products Is Expected To Boost the PTA Balloon Catheter Market Growth in North America Major PTA balloon catheter manufacturers are focused on launching new products in North America to enhance their market share. For instance, in February 2016, Nipro North America, a division of Nipro Medical Corporation, announced the launch of Cronus HP high pressure, 0.035” over the wire (OTW) percutaneous transluminal angioplasty (PTA) balloon catheter. Cronus HP is indicated for percutaneous transluminal angioplasty in the femoral, popliteal, iliac, and renal arteries and for the treatment of obstructive lesions in native or synthetic arteriovenous dialysis fistulae. Moreover, in February 2017, QT Vascular Ltd. signed an exclusive, worldwide distribution agreement with Medtronic to distribute the Chocolate PTA balloon catheter. It is currently available in the U.S. and Europe.

  8. Key Players Furthermore, in May 2015, Direct Access Medical announced that it has received the U.S. Food and Drug Administration 510(k) clearance for the full line of FirstChoice ultra high pressure (UHP) percutaneous transluminal angioplasty (PTA) 0.035-inch over the wire balloon catheters. Major players operating in the global PTA balloon catheter market include, Medtronic, Terumo, Cardinal Health, Boston Scientific, AndraTec, Cook Medical, Biotronik, Abbott, Creagh Medical, TriReme Medical, and Natec Medical.

  9. Request Sample Report Request Customization Download PDF Brochure Talk to Analyst Referance: https://www.coherentmarketinsights.com/market-insight/pta-balloon-catheter-market-2815

  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. What We Provide:Customized Market Research AnalysisIndustry Analysis ServicesBusiness Consulting ServicesLong Term Engagement ModelCountry Specific Analysis

  11. Contact Us Mr. Shah Coherent Market Insights Pvt. LTD.Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S.Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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