Market revenue in 2023 | USD 60.9 million |
Market revenue in 2030 | USD 120.6 million |
Growth rate | 10.3% (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 |
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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 49.26% in 2023. Horizon Databook has segmented the India pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing incidence of cardiovascular diseases and diabetes in India is one of the key factors expected to drive market growth. According to NCBI (2018), the prevalence rate of cardiovascular diseases in India increased over the past 2 decades due to rapidly increasing geriatric population. In addition, according to International Diabetes Federation, in 2018, the prevalence rate of diabetes in India was 8.8% and around 72,946,400 cases of diabetes were reported in adults.
Diabetes is one of the leading causes for developing cardiovascular diseases. Thus, such factors are expected to propel the demand for products required in cardiac treatments, which, in turn, is anticipated to boost market growth. Gradual adoption of technologically advanced products and increase in awareness about the treatment of cardiac diseases are factors expected to drive market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the India pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into India pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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