Brazil Pta Balloon Catheter Market Size & Outlook
Brazil pta balloon catheter market, 2018-2030 (US$M)
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Brazil pta balloon catheter market highlights
- The Brazil pta balloon catheter market generated a revenue of USD 57.9 million in 2023 and is expected to reach USD 116.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.5% 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 57.9 million |
| Market revenue in 2030 | USD 116.7 million |
| Growth rate | 10.5% (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, Brazil accounted for 2.2% 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 Latin America, Mexico pta balloon catheter market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 49.1 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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Brazil 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 49.4% in 2023. Horizon Databook has segmented the Brazil 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 Brazil is anticipated to witness moderate growth over the forecast period. Increasing prevalence of diabetes and cardiovascular diseases is one of the key factors expected to promote market growth. According to IDF Diabetes Atlas 9th Edition report, the prevalence rate of diabetes in Brazil is 11.4%, which is 31% higher than previously reported data.
In addition, according to World Heart Federation, in 2018, around 31% of deaths in the country was caused due to cardiovascular diseases. Furthermore, the adoption of sedentary lifestyle in Brazil has increased the risk of heart attack, stroke, and other cardiovascular conditions.
Thus, such factors are anticipated to drive market growth. However, shortage of skilled professionals in Brazil and low awareness about the treatment of such disorders are factors likely to impede market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil pta balloon catheter market size, by material type, 2018-2030 (US$M)
Brazil PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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