North America Pta Balloon Catheter Market Size & Outlook
North America pta balloon catheter market, 2018-2030 (US$M)
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North America pta balloon catheter market highlights
- The North America pta balloon catheter market generated a revenue of USD 1,205.4 million in 2023.
- The market is expected to grow at a CAGR of 8.3% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,205.4 million |
| Market revenue in 2030 | USD 2,107.9 million |
| Growth rate | 8.3% (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, North America region accounted for 45.4% 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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North America 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 49.38% in 2023. Horizon Databook has segmented the North America pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the global PTA balloon catheters market in 2021. Several favorable reimbursement policies, launches of technologically advanced products, and presence of several major players in the market are expected to drive market growth. In addition, according to the American Heart Association (2021), more than 500,000 percutaneously coronary interventions, including percutaneous transluminal coronary interventions, are performed annually in the U.S. Angioplasty has a huge share.
Interventional heart surgery is increasing worldwide because of high mortality rate from cardiovascular disease. Therefore, increased prevalence of cardiovascular disease along with subsequent increases in percutaneous coronary intervention procedures performed is expected to further boost the demand for scoring & cutting balloon catheters, thereby driving market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America pta balloon catheter market , including forecasts for subscribers. This continent databook contains high-level insights into North America pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America pta balloon catheter market size, by country, 2018-2030 (US$M)
North America PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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