Middle East & Africa Pta Balloon Catheter Market Size & Outlook
Middle East & Africa pta balloon catheter market, 2018-2030 (US$M)
Related Markets
MEA pta balloon catheter market highlights
- The MEA pta balloon catheter market generated a revenue of USD 122.8 million in 2023.
- The market is expected to grow at a CAGR of 6.9% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 122.8 million |
| Market revenue in 2030 | USD 195.7 million |
| Growth rate | 6.9% (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, MEA region accounted for 4.6% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
PTA Balloon Catheter Market Scope
PTA Balloon Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 49.19% in 2023. Horizon Databook has segmented the Middle East & Africa 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 MEA is anticipated to witness moderate growth over the forecast period. Middle Eastern countries such as Saudi Arabia, South Africa, and UAE are some of the prospering economies. Increasing healthcare expenditure and gradual adoption of technologically advanced products in these countries are expected to boost market growth.
In addition, increasing incidence of diabetes and cardiovascular diseases in South Africa, Saudi Arabia, & UAE are factors expected to propel market growth. Middle East countries have a high prevalence of cardiovascular diseases due to changing lifestyles and food habits. According to Dubai Health Authority, the UAE’s geriatric populace aged 65 and above, which was 7% of the total population in 2017, is expected to reach 29% by 2050.
Cardiovascular disease is responsible for 40% of all deaths. Its pervasiveness is increasing rapidly among young adults owing to growing incidence of diseases such as hypertension, obesity, diabetes, etc. The aforementioned factors have heightened the demand for PTA balloon catheters in the UAE. The growing demand will propel the PTA market growth in the region.
Reasons to subscribe to Middle East & Africa pta balloon catheter market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa pta balloon catheter market databook
-
Our clientele includes a mix of pta balloon catheter market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pta balloon catheter market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA pta balloon catheter market size, by country, 2018-2030 (US$M)
Middle East & Africa PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
