Italy Pta Balloon Catheter Market Size & Outlook
Italy pta balloon catheter market, 2018-2030 (US$M)
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Italy pta balloon catheter market highlights
- The Italy pta balloon catheter market generated a revenue of USD 70.7 million in 2023 and is expected to reach USD 119.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.8% 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 70.7 million |
| Market revenue in 2030 | USD 119.3 million |
| Growth rate | 7.8% (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, Italy accounted for 2.7% 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 Europe, Germany pta balloon catheter market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 164.9 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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Italy 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 48.66% in 2023. Horizon Databook has segmented the Italy 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 Italy is at a developing stage. Increasing adoption of technologically advanced products and growing incidence of cardiovascular disease & diabetes are major factors expected to drive market growth during the forecast period. For instance, in September 2019, Cook Medical relaunched Beacon Tip catheters in various European countries, which was withdrawn from the market globally due to some serious issues.
Currently, this product can be marketed in some selective countries of Europe such as Italy, Spain, France, the UK, Ireland, Norway, Sweden, Finland, Denmark, Switzerland, Poland, and Netherlands. Furthermore, rising prevalence of diabetes in the country is expected to boost market growth.
According to the World Bank, the prevalence rate of diabetes in Italy was 6.4% in 2021. Since diabetes is one of the major reasons for developing cardiovascular diseases, rising incidence of diabetes in the country may drive market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into Italy pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy pta balloon catheter market size, by material type, 2018-2030 (US$M)
Italy PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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