U.S. Pta Balloon Catheter Market Size & Outlook, 2023-2030
U.S. pta balloon catheter market, 2018-2030 (US$M)
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U.S. pta balloon catheter market highlights
- The U.S. pta balloon catheter market generated a revenue of USD 1,085.6 million in 2023 and is expected to reach USD 1,924.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.5% 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 1,085.6 million |
| Market revenue in 2030 | USD 1,924.5 million |
| Growth rate | 8.5% (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, U.S. accounted for 40.9% 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 North America, U.S. pta balloon catheter market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,924.5 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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U.S. 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 U.S. pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. held the largest share of the North America PTA balloon catheters market. Some factors responsible for its dominance are an increase in the incidence of cardiovascular diseases, introduction of technologically advanced products, and presence of several key players in the market. Prevalence of Peripheral Arterial Disease (PAD) in the U.S. is on the rise, according to CDC, around 6.5 million people in the age group of 40 years and above are suffering from PAD.
Such an increase in the prevalence of PAD indicates rise in number of percutaneous coronary intervention (PCI) which is expected to boost market growth. Introduction of technologically advanced products in the market is anticipated to propel market growth.
For instance, a recent innovation that could provide a paradigm shift in the treatment of calcified vessels is the Shockwave endovascular lithotripsy system, which was approved by the FDA in February 2021 for use in coronary arteries. It combines a low-pressure balloon attached to a catheter to deliver bursts of sonic energy to break down calcium.
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Our clientele includes a mix of pta balloon catheter market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into U.S. pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. pta balloon catheter market size, by material type, 2018-2030 (US$M)
U.S. PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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