The percutaneous transluminal coronary angioplasty (ptca) dilation catheters global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market size has grown strongly in recent years. It will grow from $1.72 billion in 2023 to $1.83 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to the increasing prevalence of cardiovascular diseases, the aging population, the growing preference for minimally invasive procedures, rising obesity rates, and improved healthcare infrastructure.
The percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market size is expected to see strong growth in the next few years. It will grow to $2.37 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increased emphasis on preventive healthcare, patient preference for shorter hospital stays, favorable reimbursement policies, increasing adoption of drug-eluting balloons, and improved diagnostic techniques. Major trends in the forecast period include technological advancements, expansion into emerging markets, increased patient awareness, customized catheters, and integration with imaging technologies.
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Scope Of Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Overview
Market Drivers –
The increase in cardiovascular diseases is expected to propel the growth of the percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market going forward. Cardiovascular diseases are rising due to lifestyle factors such as poor diet, lack of exercise, and increased stress, along with an aging global population. Percutaneous transluminal coronary angioplasty dilation catheters are used in cardiovascular diseases to open narrowed or blocked coronary arteries, restoring blood flow to the heart. For instance, in June 2024, the American Heart Association, a US-based public health organization that supports cardiovascular medical research, reported that 45 million adults in the USA are expected to have some form of cardiovascular disease by 2050, up from 28 million in 2020. This projection includes significant increases in hypertension, expected to rise from 51.2% to 61.0%, and obesity, projected to grow from 43.1% to 60.6%. Therefore, the increase in cardiovascular diseases is driving the growth of the percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market.
Market Trends –
Major companies in the percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market are focusing on developing advanced products such as dilation catheters with twin-wall technology to enhance balloon strength and effective artery dilation. Dilation catheters with twin-wall technology are medical devices designed to perform precise and controlled dilation procedures. They feature a unique construction with two concentric layers, or walls, that enhance the catheter’s strength, flexibility, and durability. For instance, in February 2023, SIS Medical AG, a Switzerland-based medical device company, launched the OPN NC percutaneous transluminal coronary angioplasty (PTCA) dilatation catheter with Twin-Wall technology in the USA. This catheter offers super high-pressure resistance with a rated burst pressure of 35 atm and low compliance, making it suitable for post-dilatation of under-expanded stents. This unique design provides exceptional pressure resistance and very low compliance, enabling effective treatment of challenging coronary lesions without the risk of over-dilation.
The percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market covered in this report is segmented –
1) By Type: Semi-Compliant Type, Non-Compliant Type
2) By Material Type: Polyurethane, Nylon, Other Material Types
3) By Application: Hospitals, Medical Research Institute, Other Applications
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Regional Insights –
North America was the largest region in the percutaneous transluminal coronary angioplasty dilation catheters market in 2023. The regions covered in the percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the percutaneous transluminal coronary angioplasty (PTCA) dilation catheters market are Cardinal Health Inc., Abbott Laboratories, Medtronic plc, Koninklijke Philips N.V., Becton Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Teleflex Incorporated, Lepu Medical Technology (Beijing) Co Ltd., Merit Medical Systems Inc., Cordis Corporation, MicroPort Scientific Corporation, Biosensors International Group Ltd., Alvimedica Medical Technologies, BrosMed Medical Co Ltd., iVascular SLU, Hexacath, Translumina Therapeutics LLP, Eurocor Tech GmbH, GADA S.p.A., Invamed Group
Table of Contents
1. Executive Summary
2. Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Report Structure
3. Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Trends And Strategies
4. Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market – Macro Economic Scenario
5. Global Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Size and Growth
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32. Global Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Competitive Benchmarking
33. Global Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market
35. Percutaneous Transluminal Coronary Angioplasty (PTCA) Dilation Catheters Market Future Outlook and Potential Analysis
36. Appendix
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