Canada Pta Balloon Catheter Market Size & Outlook
Canada pta balloon catheter market, 2018-2030 (US$M)
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Canada pta balloon catheter market highlights
- The Canada pta balloon catheter market generated a revenue of USD 119.8 million in 2023 and is expected to reach USD 183.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.3% 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 119.8 million |
| Market revenue in 2030 | USD 183.4 million |
| Growth rate | 6.3% (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, Canada accounted for 4.5% 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 North America, U.S. pta balloon catheter market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,924.5 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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Canada 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 49.42% in 2023. Horizon Databook has segmented the Canada pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is a promptly developing the PTA balloon catheters market. Introduction of technologically advanced products and increase in the incidence of cardiovascular diseases in the country are major factors driving market growth. For instance, the Elation5 Dilation Balloon Catheter was introduced by Merit Medical in Canada in May 2021.
It is the first and only five-stage balloon on the market and is available in wire-guided & fixed-wire versions. Hence, such initiatives are expected to positively impact market growth during the forecast period. Growing incidence of cardiovascular diseases in the country is also anticipated to boost market growth. According to a report published by the Government of Canada, in 2022, heart disease is the secondleading cause of death in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into Canada pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pta balloon catheter market size, by material type, 2018-2030 (US$M)
Canada PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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