Lucintel’s latest market report analyzed that balloon catheter provides attractive opportunities in the hospital, ambulatory surgical center, and cardiac catheterization laboratories. The balloon catheter market is expected to reach $6.9 billion by 2028 with a CAGR of 7.6%. In this market, nylon is the largest segment by raw material, whereas hospital is largest by end use industry.
Based on raw material, the balloon catheter market is segmented into polyurethane, nylon, and others. The nylon segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing requirement for high-pressure balloons made of nylon that can stretch between 100% and 800%.
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The Balloon Catheter Market is marked by the presence of several big and small players. Some of the prominent players offering balloon catheter include Biomerics, Boston Scientific, A.V medical, Teleflex Medical, and Johnson & Johnson.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056
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