Advanced Balloon Catheter Market to Grow with a CAGR of 9.29% through 2030
The
increasing prevalence of cardiovascular diseases is expected to drive the
Global Advanced Balloon Catheter Market in the forecast period, 2026-2030.
According
to TechSci Research report, “Advanced Balloon Catheter Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2030”, Global
Advanced Balloon Catheter Market was valued at USD 4.22 billion in 2024 and is
expected to reach USD 7.19 billion by 2030 with a CAGR of 9.29% during the
forecast period. This can be ascribed to the rising prevalence of
chronic disorders like cardiovascular diseases and the enhancement of novel
technologies, and therapies for the treatment of cardiac diseases across the
globe. Similarly, increasing the geriatric population along with growing
interest in research and advancement regarding ordinary inflatable catheters is
expected to create lucrative growth during the forecast period. Additionally,
growing demand for angioplasty over conventional surgeries because of its minimally
invasive procedure with a better outcome, increasing the number of
catheterization laboratories will further propel the market growth during the
forecast period. However, growing technological advancements and modernization
in healthcare infrastructure along with rising emerging markets will further
create significant growth in the advanced balloon catheter market over the
years.
However,
the risk of infection and artery collapse associated with balloon
catheterization and increasing side effects associated with treatments may
hamper the global advanced balloon catheter market in the forecast period.
Similarly, ineffective, and less prompt treatments and a lack of efficacy
related to treatment can restrict the growth of the global advanced balloon
catheter market in the forecast period.
Global Advanced Balloon Catheter market is segmented into raw material,
application, end users, regional distribution and company.
Based on Application, the Neurovascular Procedures category is
expected to show the fastest growth in the Global Advanced Balloon Catheter
Market. This growth is being driven by a rising global burden of neurological
disorders, particularly ischemic stroke and aneurysms, which require
precision-guided catheter-based interventions. With an aging global population
and increasing incidence of cerebrovascular diseases, there is a growing need
for minimally invasive, high-precision procedures that balloon catheters
support. Advanced balloon catheters used in neurovascular procedures are
designed for high flexibility and navigation in delicate and tortuous cerebral
vasculature. Their ability to enable precise dilation, flow control, or stent
placement in narrow brain vessels has been transformative in improving
procedural outcomes. Additionally, the expansion of stroke centers and
dedicated neurointerventional departments in hospitals across emerging
economies is boosting adoption. Technological innovation—such as
dual-lumen balloon catheters and integration with imaging-guided systems—is
also propelling demand. Governments and healthcare systems are investing more
in neurological care infrastructure, including early diagnosis and treatment
systems for stroke, which directly correlates with increased use of advanced
interventional tools like neurovascular balloon catheters.
Based on the Region, Asia Pacific is projected to exhibit
the fastest growth in the global Advanced Balloon Catheter Market. This
accelerated expansion is largely attributed to rising healthcare investments,
increasing prevalence of chronic conditions such as coronary artery disease and
diabetes, and expanding access to minimally invasive treatment options.
Countries like China, India, Japan, and South Korea are witnessing rapid
urbanization, changing lifestyles, and a growing aging population—all contributing
to a higher demand for interventional cardiology and vascular procedures.
Government initiatives in countries such as India’s Ayushman Bharat and China’s
Healthy China 2030 have significantly improved access to healthcare,
particularly in rural and semi-urban areas. This has increased the number of
diagnostic and therapeutic procedures that rely on balloon catheters.
Additionally, local manufacturing of medical devices and favorable regulatory
reforms are encouraging both global and domestic companies to expand their
presence in the region.
Major
companies operating in the Global Advanced Balloon Catheter Market are:
- Abbott
Laboratories
- Boston
Scientific Corporation
- Medtronic
plc
- Terumo
Corporation
- MicroPort
Scientific Corporation
- B.
Braun Melsungen AG
- Meril
Life Sciences Pvt. Ltd.
- Hexacath
- Tokai
Medical Products Inc.
- Cook
Medical Inc.
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“North America is expected to register the highest growth in The Global
Advanced Balloon Catheter Market on account due to the increasing development
of healthcare infrastructure along with a focus on the development of new
devices with improved diagnosis among the patients across the region.
Similarly, the growing geriatric population and increased healthcare
expenditure along with the growing prevalence of cardiovascular diseases, and
urological disorders such as bladder cancers, and benign prostatic hyperplasia
along with the rapid adoption of new technology can further propel the market
growth during the forecast period. Additionally, the growing demand for
minimally invasive surgeries like minimally invasive coronary bypass and
minimally invasive cardiothoracic surgery is expected to drive the demand for
the tendonitis treatment market in the forecast period. Similarly, the
growing industry of medical tourism is expected to propel the market growth till
2028” said Mr. Karan Chechi, Research Director of TechSci Research, a research
based global management consulting firm
“Advanced Balloon Catheter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Raw Material Type (Nylon, PET, Polyurethane, Others), By Application (Coronary Procedures, Peripheral Procedures, Neurovascular Procedures, and Other Procedures), End Users (Hospitals and Ambulatory Surgical Centers, Catheterization Laboratories, and Others), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of the global advanced
balloon catheter market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the global
advanced balloon catheter market.
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