Asia Pacific Pta Balloon Catheter Market Size & Outlook
Asia Pacific pta balloon catheter market, 2018-2030 (US$M)
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Asia Pacific pta balloon catheter market highlights
- The Asia Pacific pta balloon catheter market generated a revenue of USD 421.8 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, nylon was the largest revenue generating material type in 2023.
- Polyurethane is the most lucrative material type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 421.8 million |
| Market revenue in 2030 | USD 768.3 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Nylon |
| Fastest growing segment | Polyurethane |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon, Polyurethane, Other Material Type |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Cardinal Health Inc, Boston Scientific Corp, Traeger Inc, BIOTRONIK, Surmodics Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.9% of the global pta balloon catheter market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 768.3 million by 2030.
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PTA Balloon Catheter Market Scope
PTA Balloon Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pta balloon catheter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pta balloon catheter market will help companies and investors design strategic landscapes.
Nylon was the largest segment with a revenue share of 49.22% in 2023. Horizon Databook has segmented the Asia Pacific pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
The PTA balloon catheters market in Asia Pacific is majorly driven by increasing incidence of cardiovascular diseases and diabetes. In addition, emerging economies are expected to witness considerable growth over the forecast period.
Moreover, presence of several local players in China and Japan may boost market growth. Growth of medical tourism in a number of emerging countries would also help propel the market in this region. However, certain developing countries in this region are expected to witness moderate growth over the forecast period.
Lack of advanced healthcare facilities and shortage of skilled professionals in such countries may impede market growth. Moreover, low awareness about treatment options for cardiac diseases and lack of healthcare reimbursement coverage in developing countries are expected to limit market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pta balloon catheter market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pta balloon catheter market size, by country, 2018-2030 (US$M)
Asia Pacific PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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