Global Balloon Catheter Market, By Catheter Type (Over-The-Wire (OTW) Balloon Catheters, Rapid Exchange (RX) Balloon Catheters, Fixed-Wire (FW) Balloon Catheters, Normal balloon catheter, Drug eluting balloon catheter, Cutting balloon catheter, Scoring balloon catheter, Stent graft balloon catheter), By Balloon Type (High-Pressure Balloons, Elastomeric Balloons), By End Users (Public Hospitals and Private Hospitals, Ambulatory Surgical Centers, and Cardiac Catheterization Laboratories)– Industry Trends and Forecast to 2030.
Global Balloon Catheter Market
The global balloon catheter market was valued at USD 4.80 billion in 2022 which expected to reach at USD 7.20 billion by 2027, at a CAGR 4% from 2023-2030.
A balloon catheter is a cutting-edge medical technology used to treat narrowed blood arteries. It consists of a guidewire and a catheter that is put into the radial artery in the arm or the femoral artery in the leg. In a minimally invasive procedure, coronary artery disease-related blocked or restricted coronary arteries can be opened using a balloon catheter. (CAD).
Market Drivers
The market is anticipated to grow as occurrences of cardiovascular disease rise globally. The biggest cause of death worldwide is cardiovascular disease. According to the World Health Organization, cardiovascular illnesses caused the deaths of 17.9 million people worldwide in 2019. 85% of these fatalities were brought on by heart attacks and strokes. Hypertension, which is now a major contributor to issues with the brain, heart, kidneys, and other organ systems, affects an estimated 1.13 billion individuals worldwide. A range of cardiovascular problems are treated with balloon catheters. Cardiac catheterization is an imaging procedure that enables a physician or surgeon to evaluate the heart's functionality in a patient. The market's overall growth is anticipated to be significantly impacted by these developments.
As the number of elderly people increases globally, the market is anticipated to develop. According to a statistic by the United Nations, there were roughly 703 million persons 65 and over in 2019. A UN estimate predicts that by 2050, the number of older persons in the world would have doubled to about 1.5 million. As the population ages, there will be a considerable financial demand on the systems that provide for the elderly. It is anticipated that a variety of factors, such as autonomic dysregulation, arterial stiffness, the blood-brain barrier, and neurovascular uncoupling, may influence the dynamics of local perfusion and brain blood flow as people age. To enhance overall quality of life and catheter care in older persons, long-lasting, cutting-edge, and sophisticated catheters have been employed extensively.
Market Restraints
One of the key factors impeding market expansion and adding to the challenges facing the balloon catheter market during the forecast period is the rise in healthcare spending.
This balloon catheter market report details recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, and the impact of domestic and localized market players. It also analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic data, and other market-related information.
Market Segmentation
The balloon catheter market is segmented into catheter type such as Over-The-Wire (OTW) Balloon Catheters, Rapid Exchange (RX) Balloon Catheters, Fixed-Wire (FW) Balloon Catheters, Normal balloon catheter, Drug eluting balloon catheter, Cutting balloon catheter, Scoring balloon catheter, and Stent graft balloon catheter. By Balloon Type, the market is segmented into High-Pressure Balloons, and Elastomeric Balloons. Further, market is segmented into end users such as Public Hospitals and Private Hospitals, Ambulatory Surgical Centers, and Cardiac Catheterization Laboratories.
Regional Analysis
The major regions covered in the global balloon catheter market report are the North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Over the projected period, the Asia Pacific region is anticipated to increase at the fastest rate. This can be ascribed to a rise in healthcare spending as well as an increase in the prevalence of cardiovascular disorders. According to Biomedcentral, cardiovascular disease affects one in every five persons in China. Furthermore, it is anticipated that the market in the region will be driven by an ageing population in nations like Japan and China and rising disposable income. The expansion of the industry in the area is also being aided by the rise of health tourism in emerging countries.
Recent Developments
•        The Opticross 35 imaging catheter for peripheral imaging was introduced by Boston Scientific Corporation in 2020. This product broadens the company's wide range of products by providing a deeper IVUS depth and 360-degree crisp image quality.
•        A balloon catheter that may elute medications at the target spot was added to Medtronic PLC's catalogue of catheters in 2021. The catheter's pushability and deliverability into difficult anatomies are both improved by this device, which is sold as the Prevail Drug-Coated Balloon in the European market for CAD. To lessen the possibility of in-stent restenosis, the medication on the balloon gets absorbed into the target artery tissue.
Key Players
Among the top companies active in the balloon catheter market are: IOTRONIK SE & Co. KG, Johnson & Johnson Private Limited, MicroPort Scientific Corporation, Jotech GmbH, Abbott, Vascular Solutions, Inc., Boston Scientific Corporation, Medtronic, Cardinal Health, Infraredx, Inc., etc. 
Market Taxonomy
By Catheter Type
•        Over-The-Wire (OTW) Balloon Catheters
•        Rapid Exchange (RX) Balloon Catheters
•        Fixed-Wire (FW) Balloon Catheters
•        Normal balloon catheter
•        Drug eluting balloon catheter
•        Cutting balloon catheter
•        Scoring balloon catheter
•        Stent graft balloon catheter
By Balloon Type
•        High-Pressure Balloons
•        Elastomeric Balloons
By End Users
•        Public Hospitals and Private Hospitals
•        Ambulatory Surgical Centers
•        Cardiac Catheterization Laboratories
By Region
•        North America (U.S. Canada, Mexico)
•        Latin America (Brazil, Rest of Latin America)
•        Europe (Germany, UK, Italy, France, Rest of Europe
•        Asia Pacific (China, India, Japan, Rest of Asia Pacific)
•        Middle East & Africa (Saudi Arabia, Kuwait, UAE, Egypt, South Africa)

Global Balloon Catheter Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Balloon Catheter Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Balloon Catheter Market, By Catheter Type
5.1 Y-o-Y Growth Comparison, By Catheter Type
5.2 Global Balloon Catheter Market Share Analysis, By Catheter Type
5.3 Global Balloon Catheter Market Size and Forecast, By Catheter Type
5.3.1 Over-The-Wire (OTW) Balloon Catheters
5.3.2. Rapid Exchange (RX) Balloon Catheters
5.3.3. Fixed-Wire (FW) Balloon Catheters
5.3.4. Normal balloon catheter
5.3.5. Drug eluting balloon catheter
5.3.6. Cutting balloon catheter
5.3.7. Scoring balloon catheter
5.3.8. Stent graft balloon catheter
6 Global Balloon Catheter Market, By Balloon Type
6.1 Y-o-Y Growth Comparison, By Balloon Type
6.2 Global Balloon Catheter Market Share Analysis, By Balloon Type
6.3 Global Balloon Catheter Market Size and Forecast, By Balloon Type 
6.3.1 High-Pressure Balloons
6.3.2. Elastomeric Balloons
7 Global Balloon Catheter Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Balloon Catheter Market Share Analysis, By End User
7.3 Global Balloon Catheter Market Size and Forecast, By End User
7.3.1 Public Hospitals and Private Hospitals
7.3.2 Ambulatory Surgical Centers
7.3.3. Cardiac Catheterization Laboratories
8 Global Balloon Catheter Market, By Region
8.1 Global Balloon Catheter Market Share Analysis, By Region
8.2 Global Balloon Catheter Market Size and Forecast, By Region
8.3 Global Balloon Catheter Market Trends and Forecast, By Region
9 North America Balloon Catheter Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Balloon Catheter Market Share Analysis, By Catheter Type
9.3 North America Balloon Catheter Market Size and Forecast, By Balloon Type 
9.4 North America Balloon Catheter Market Size and Forecast, By End User
9.5 North America Balloon Catheter Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Balloon Catheter Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Balloon Catheter Market Share Analysis, By Catheter Type
10.3 Europe Balloon Catheter Market Size and Forecast, By Balloon Type 
10.4 Europe Balloon Catheter Market Size and Forecast, By End User
10.5 Europe Balloon Catheter Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Balloon Catheter Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Balloon Catheter Market Share Analysis, By Catheter Type
11.3 Asia Pacific Balloon Catheter Market Size and Forecast, By Balloon Type 
11.4 Asia Pacific Balloon Catheter Market Size and Forecast, By End User
11.5 Asia Pacific Balloon Catheter Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia
12 Latin America Balloon Catheter Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Balloon Catheter Market Share Analysis, By Catheter Type
12.3 Latin America Balloon Catheter Market Size and Forecast, By Balloon Type 
12.4 Latin America Balloon Catheter Market Size and Forecast, By End User
12.5 Latin America Balloon Catheter Market Size and Forecast, By Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Balloon Catheter Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Balloon Catheter Market Share Analysis, By Catheter Type
13.3 Middle East Balloon Catheter Market Size and Forecast, By Balloon Type 
13.4 Middle East Balloon Catheter Market Size and Forecast, By End User
13.5 Middle East Balloon Catheter Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 IOTRONIK SE & Co. KG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Johnson & Johnson Private Limited
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. MicroPort Scientific Corporation
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Jotech GmbH
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Abbott
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Vascular Solutions, Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Boston Scientific Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Medtronic
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Cardinal Health
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Infraredx, Inc
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies