The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the angioplasty balloons market?
The increasing incidence of cardiovascular diseases is expected to propel the angioplasty balloons market going forward. Cardiovascular disease refers to a group of conditions affecting the heart and blood vessels, often leading to complications such as heart attacks or strokes. Cardiovascular disease is on the rise due to sedentary lifestyles, unhealthy dietary habits, rising obesity rates, and aging populations. The angioplasty balloons are utilized in cardiovascular disease to widen narrowed or blocked blood vessels, restoring proper blood flow and reducing the risk of complications such as heart attacks or strokes. For instance, in September 2024, according to the data published by the Minnesota Department of Health, a US-based state health agency, approximately 30% of adults in Minnesota reported having high blood pressure in 2023, totaling nearly 1.4 million people, and in 2022, hypertensive diseases were the underlying or contributing cause of death for 14,225 residents, representing almost 28% of all deaths in the state. Therefore, the increasing incidence of cardiovascular diseases drives the growth of the angioplasty balloons market.
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How has the angioplasty balloons market size evolved, and what are the latest forecasts for its expansion?
The angioplasty balloons market size has grown strongly in recent years. It will grow from $2.73 billion in 2024 to $2.87 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to increasing clinical trials, decreasing regulatory hurdles, rising physician training programs, growing reimbursement coverage, and expanding patient awareness and education.
The angioplasty balloons market size is expected to see steady growth in the next few years. It will grow to $3.47 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to aging population, rising prevalence of cardiovascular diseases, expanding healthcare infrastructure in emerging markets, increasing adoption of minimally invasive procedures, and growing demand for interventional cardiology. Major trends in the forecast period include personalized treatment approaches, integration of advanced imaging technologies, shift towards outpatient procedures, expansion of telemedicine for post-operative care, and emphasis on cost-effective healthcare solutions.
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Which major companies dominate the angioplasty balloons market?
Major companies operating in the angioplasty balloons market are Johnson & Johnson, Abbott Laboratories, Medtronic Plc, Becton Dickinson, Koninklijke Philips N.V, Boston Scientific Corporation, B. Braun SE, Terumo Corporation, Cook Medical, Biotronik SE, Merit Medical Systems Inc., Meril Life Sciences Pvt. Ltd., MicroPort Scientific Corporation, AngioDynamics, Cordis, SurModics, iVascular, Hexacath, Balton Sp, Cardionovum, QualiMed Innovative Medizinprodukte GmbH, Acrostak, Panmed US Inc., Translumina GmbH, Concept Medical Inc
What trends will shape the future of the angio suites market?
Major companies operating in the angioplasty balloons market are focusing on developing innovative products, such as advanced medical balloon forming systems, to enhance precision in manufacturing high-pressure balloons for critical cardiac procedures. The Advanced Medical Balloon Forming System is a technology for precisely manufacturing compliant medical balloons used in catheter systems. For instance, In June 2024, Interface Catheter Solutions, a US-based, innovative catheter technology company, launched the BFM-5510 High Force Balloon Forming Machine. This advanced benchtop system is engineered for the production of low- and non-compliant polymer balloons utilized in angioplasty, stent placement, and other essential cardiac procedures. Building on the BFM-3310 platform, the BFM-5510 HF employs beryllium copper molds to precisely shape extruded balloon tubing, ensuring stringent quality and tight tolerances across a wide variety of sizes and shapes. This machine offers enhanced production capabilities to accommodate the demands of larger, thicker, and more complex medical balloon manufacturing.
Which region dominates the angioplasty balloons market, and what factors contribute to its leadership?
North America was the largest region in the angioplasty balloons market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the angioplasty balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the angioplasty balloons market segmented, and which segment holds the largest share?
The angioplasty balloons market covered in this report is segmented –
1) By Product Type: Normal Balloons, Scoring Balloons, Drug-Eluting Balloons, Cutting Balloons
2) By Material: Non-Compliant, Semi-Compliant
3) By Application: Coronary Angioplasty, Peripheral Angioplasty
4) By End User: Hospitals, Specialty Clinics, Catheterization Laboratories, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Normal Balloons: Non-Compliant Balloons, Compliant Balloons
2) By Scoring Balloons: Semi-Compliant Scoring Balloons, Non-Compliant Scoring Balloons
3) By Drug-Eluting Balloons: Paclitaxel-Eluting Balloons, Sirolimus-Eluting Balloons, Everolimus-Eluting Balloons
4) By Cutting Balloons: Balloon Catheters With Cutting Blades, Balloon Catheters With Radial Scoring Elements
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What defines the structure and scope of the angioplasty balloons market?
Angioplasty balloons refer to medical devices used to open narrowed or blocked blood vessels in the body. These balloons are commonly employed in the treatment of conditions such as coronary artery disease and peripheral artery disease. It works by inflating within the artery to compress the plaque against the vessel wall, restoring blood flow.
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