Europe Pta Balloon Catheter Market Size & Outlook
Europe pta balloon catheter market, 2018-2030 (US$M)
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Europe pta balloon catheter market highlights
- The Europe pta balloon catheter market generated a revenue of USD 696.1 million in 2023.
- The market is expected to grow at a CAGR of 7.9% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 696.1 million |
| Market revenue in 2030 | USD 1,186.8 million |
| Growth rate | 7.9% (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, Europe region accounted for 26.2% 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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Europe 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 49.2% in 2023. Horizon Databook has segmented the Europe 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 catheter market in Europe is majorly driven by increase in the incidence of diabetes and introduction of several technologically advanced products by major players. As per the International Diabetes Federation, the prevalence of diabetes is 9.2%, with 61 million people living with diabetes in the European region, which is expected to increase by 13% by 2045.
Furthermore, the Europe PTA balloon catheter market is dominated by market players like Medtronic. For instance, in March 2021, Medtronic introduced Chameleon balloon catheter in European countries, including Spain, Italy, Turkey, South Africa, Germany, and Portugal. This device can be used to connect natural or synthetic femoral, arteriovenous dialysis fistulas, iliac, and renal arteries.
Moreover, increasing incidence of cardiovascular disease is expected to boost market growth during the forecast period. In addition, rising healthcare costs in certain European countries are expected to drive market growth as it encourages many new and large players to enter the market, thereby propelling market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe pta balloon catheter market , including forecasts for subscribers. This continent databook contains high-level insights into Europe pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe pta balloon catheter market size, by country, 2018-2030 (US$M)
Europe PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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