Balloon Catheter Market Size, Share, Trends, Growth and Forecast 2034

Balloon Catheter Market: Industry Perspective

The global balloon catheter market size was worth around USD 4.05 billion in 2024 and is predicted to grow to around USD 6.06 billion by 2034 with a compound annual growth rate (CAGR) of roughly 4.1% between 2025 and 2034. The report analyzes the global balloon catheter market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the balloon catheter industry.

Balloon Catheter Market: Overview

A balloon catheter is a new kind of medical device encompassing a guidewire as well as a catheter that is implanted into the femoral leg artery or even into the radial artery of the hand-arm for clinically treating confined blood vessels. These products are generally used for preventing blood flow restriction caused as a result of atherosclerosis. Moreover, the medical instrument is used for treating heart ailments, including coronary heart disorders occurring owing to hypertension, diabetes, and high blood cholesterol. In addition to this, the product has become a key component of clinical treatment, and these instruments find massive utilization in healthcare sector. Citing an instance, AngioSculpt® scoring balloon catheter is an atherectomy Scoring balloon catheter is used in coronary & peripheral interventions.

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Key Insights

• As per the analysis shared by our research analyst, the global balloon catheter market is estimated to grow annually at a CAGR of around 4.1% over the forecast period (2025-2034).
• Regarding revenue, the global balloon catheter market size was valued at around USD 4.05 Billion in 2024 and is projected to reach USD 6.06 Billion by 2034.
• The balloon catheter market is projected to grow at a significant rate due to rising prevalence of cardiovascular diseases, advancements in minimally invasive surgeries, increasing geriatric population, and growing demand for angioplasty procedures.
• Based on Type, the PTCA Balloon Catheters segment is expected to lead the global market.
• On the basis of Product Type, the Normal Balloon Catheter segment is growing at a high rate and will continue to dominate the global market.
• Based on the Delivery Platform, the Rapid Exchange (RX) / Monorail Balloon Catheter segment is projected to swipe the largest market share.
• By Compliance, the Non-Compliant segment is expected to dominate the global market.
• In terms of Balloon Material, the Nylon segment is anticipated to command the largest market share.
• On the basis of Balloon Type, the High-Pressure Balloons segment is expected to dominate the global market.
• By Application, the Coronary Artery Disease segment is poised to hold the largest share of the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

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Market Growth Dynamics

Large-scale occurrence of cardiac disorders and surge in heart intervention methods will boost the market trends. Furthermore, rise in the healthcare funding and favorable compensation policies will further accelerate the business growth over the forthcoming years. Additionally, launching of new balloon catheters and rise in the funding of research activities for manufacturing multi-functional balloon catheters will impel the market trends.

According to WHO, heart ailment is the major cause of death across the globe and results in nearly 17.9 million deaths annually. Reportedly, four out of five deaths occurring as a result of heart disorder are due to heart attack and heart strokes. For the record, one third of the deaths take place in persons below the age of 70. Individuals in high risk zone for heart ailment include those affected due to hypertension, lipids, and glucose. Moreover, these factors are likely to stimulate the growth of balloon catheter market over the years to come. Apparently, growing need for minimally invasive surgeries and introduction of new cardiac procedures will prompt the industry expansion in the years ahead. 

Balloon Catheter Market: Report Scope

North America To Attain Numero Uno position in The Global Market During 2025 to 2034

The regional market expansion over the forecast timeline is owing to a surge in patient consciousness, easy access to advanced healthcare amenities, and the presence of robust medical infrastructure facilities, which will embellish the regional market growth trends. Countries like the U.S. and Canada are expected to be the major regional revenue pockets over the years ahead.

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Balloon Catheter Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the balloon catheter market on a global and regional basis.

The global balloon catheter market is dominated by players like -

• Boston Scientific Corporation (U.S.)
• Medtronic (U.S.)
• Abbott (U.S.)
• Terumo Corporation (Japan)
• BD (U.S.)
• B. Braun SE (Germany)
• Koninklijke Philips N.V. (Netherlands)
• Teleflex Incorporated (U.S.)
• Cook (U.S.)
• Lepu Medical Technology (Beijing) Co. Ltd. (China)
• KANEKA CORPORATION (Japan)
• MicroPort Scientific Corporation (China)
• Acrostak Int. Distr. Sàrl (Switzerland)
• Biotronik (Germany)
• Alvimedica (Turkey)
• SMT (India)
• BALTON (Poland)
• APR Medtech Ltd (England)
• Advin Health Care (India)

The global balloon catheter market is segmented as follows:

By product type:

• Normal balloon catheter
• Drug eluting balloon catheter
• Cutting balloon catheter
• Scoring balloon catheter
• Stent graft balloon catheter

By raw material:

• Nylon
• Polyurethane
• Others

By indication:

• Peripheral Vascular Disease
• Coronary Artery Disease

By end-user:

• Ambulatory Surgical Centers,
• Public Hospitals & Private Hospitals
• Cardiac Catheterization Labs

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa