Balloon Catheters Market

By Product;

Normal Balloon Catheter, Cutting Balloon Catheter, Scoring Balloon Catheter, Drug Eluting Balloon Catheter and Stent Graft Balloon Catheter

By Indication;

Coronary Artery Disease and Peripheral Vascular Disease

By End User;

Hospitals, Ambulatory Surgical Centers and Independent Catheterization Labs

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn154688034 Published Date: September, 2025 Updated Date: October, 2025

Balloon Catheters Market Overview

Balloon Catheters Market (USD Million)

Balloon Catheters Market was valued at USD 17,189.42 million in the year 2024. The size of this market is expected to increase to USD 24,675.15 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.3%.


Balloon Catheters Market

*Market size in USD million

CAGR 5.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.3 %
Market Size (2024)USD 17,189.42 Million
Market Size (2031)USD 24,675.15 Million
Market ConcentrationMedium
Report Pages381
17,189.42
2024
24,675.15
2031

Major Players

  • Boston Scientific Inc.
  • Medtronic
  • Terumo Corporation
  • B. Braun Melsungen AG
  • MicroPort Scientific Corporation
  • Jotech GmbH
  • QX Medical LLC
  • Meril Life Pvt. Ltd.
  • Hexacath
  • Abbott Laboratories
  • Tokai Medical Products Inc.
  • Biosensors International Ltd.
  • Cook Medical Inc.
  • Cardionovum GmbH.
  • Cordis Corporation
  • Biotronik
  • Nitinol Device & Components Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Balloon Catheters Market

Fragmented - Highly competitive market without dominant players


The balloon catheters market is expanding rapidly, propelled by the high incidence of cardiovascular conditions requiring interventional procedures. These catheters are essential for non-surgical treatments such as angioplasty, aiding in plaque removal and vessel dilation. Usage has surged, with over 45% of vascular procedures incorporating balloon catheters due to their precision and reliability.

Innovation in Product Design and Efficiency
Technological innovations have led to the creation of advanced balloon catheters with improved flexibility and drug-eluting properties. These upgrades have driven adoption in critical care interventions, boosting the uptake of next-generation balloon catheters by more than 30%. Enhanced performance and better patient outcomes are influencing procurement decisions across medical institutions.

Demand Driven by Minimally Invasive Trends
The global push toward minimally invasive procedures has made balloon catheters a preferred choice. Their ability to offer reduced complications and faster recovery has led to their use in approximately 55% of endovascular procedures. These tools are increasingly replacing open surgical options in routine clinical practice.

Expanding Utility in Multidisciplinary Treatments
Though their primary role remains in cardiology, balloon catheters are now widely used in urology, neurology, and gastrointestinal applications. Their ability to navigate delicate pathways and deliver targeted therapy has driven a 20% growth in non-cardiac usage. This shift indicates broader clinical acceptance across specialties.

Supportive Regulations and Wider Market Reach
Favorable regulatory frameworks and the ease of use have led to widespread clinical integration. The availability of customized catheter types has helped increase hospital adoption, with nearly 60% of facilities now equipped with these devices. Streamlined approvals and growing awareness have made balloon catheters more accessible across multiple treatment centers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Indication
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Balloon Catheters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Cardiovascular Diseases
        2. Growing Preference for Minimally Invasive Procedures
        3. Shift Towards Outpatient Settings
      2. Restraints
        1. Risk of complications and side effects
        2. Stringent regulatory environment
        3. Limited reimbursement policies in some region
      3. Opportunities
        1. Development of drug-coated balloon catheters
        2. Growth in cardiovascular disease cases globally
        3. Rising demand for peripheral artery disease treatments
        4. Innovations in catheter delivery systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Balloon Catheters Market, By Product, 2021 - 2031 (USD Million)
      1. Normal Balloon Catheter
      2. Cutting Balloon Catheter
      3. Scoring Balloon Catheter
      4. Drug Eluting Balloon Catheter
      5. Stent Graft Balloon Catheter
    2. Balloon Catheters Market, By Indication, 2021 - 2031 (USD Million)
      1. Coronary Artery Disease
      2. Peripheral Vascular Disease
    3. Balloon Catheters Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Independent Catheterization Labs
    4. Balloon Catheters Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medtronic plc
      2. Boston Scientific Corporation
      3. Abbott Laboratories
      4. Terumo Corporation
      5. Becton, Dickinson and Company (BD)
      6. B. Braun Melsungen AG
      7. Cook Medical LLC
      8. Cardinal Health, Inc.
      9. MicroPort Scientific Corporation
      10. BIOTRONIK SE & Co. KG
      11. Teleflex Incorporated
      12. OrbusNeich Medical
      13. Alvimedica
      14. Meril Life Sciences Pvt. Ltd.
      15. Hexacath
      16. Tokai Medical Products Inc.
      17. Vascular Solutions, Inc.
      18. Scientific Corporation
      19. Corindus Vascular Robotics
      20. Edwards Lifesciences Corporation
      21. Thomas J. Fogarty
      22. Corindus Vascular Robotics
      23. Thomas J. Fogarty
  7. Analyst Views
  8. Future Outlook of the Market