Australia Pta Balloon Catheter Market Size & Outlook
Australia pta balloon catheter market, 2018-2030 (US$M)
Related Markets
Australia pta balloon catheter market highlights
- The Australia pta balloon catheter market generated a revenue of USD 33.1 million in 2023 and is expected to reach USD 62.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.5% 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.
Pta balloon catheter market data book summary
| Market revenue in 2023 | USD 33.1 million |
| Market revenue in 2030 | USD 62.7 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Nylon |
| Fastest growing segment | Polyurethane |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 1.2% of the global pta balloon catheter market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan pta balloon catheter market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 120.6 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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Australia 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 48.34% in 2023. Horizon Databook has segmented the Australia pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
Favorable initiatives by the government and high incidence of cardiovascular diseases in Australia are major factors expected to boost market growth over the forecast period. The cardiovascular disease is the underlying cause of death in the country causing 42,300 deaths, which is 25% of all deaths in 2019.
For instance, in 2019, Heart Week was celebrated in the country (from 28 April to May 4), wherein healthcare professionals discussed about heart health and the steps required for reducing the risk of developing heart diseases. They also discussed about various options available to treat different forms of cardiac condition.
Furthermore, high adoption of technologically advanced products and presence of skilled professionals in Australia are factors expected to drive market growth. Moreover, steady healthcare expenditure by the government is another factor anticipated to promote the PTA balloon catheters market as it encourages many new and key players to enter the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into Australia pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia pta balloon catheter market size, by material type, 2018-2030 (US$M)
Australia PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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