Global Balloon Catheters Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Normal, Cutting, Scoring, Drug Eluting, and Others

By Material;

Polyurethane and Nylon

By Indication;

Coronary Artery Disease and Peripheral Vascular Disease

By End User;

Hospitals, Ambulatory Surgical Centers, and Cardiac Catheterization Laboratories

By Geography;

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


Global Balloon Catheters Market Growth, Share, Size, Trends and Forecast

*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

Global 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 Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Indication
    4. Market Snapshot, By End User
    5. 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. Expansion into emerging healthcare markets
        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 Type, 2021 - 2031 (USD Million)
      1. Normal
      2. Cutting
      3. Scoring
      4. Drug Eluting
      5. Others
    2. Balloon Catheters Market, By Material, 2021 - 2031 (USD Million)
      1. Polyurethane
      2. Nylon
    3. Balloon Catheters Market, By Indication, 2021 - 2031 (USD Million)
      1. Coronary Artery Disease
      2. Peripheral Vascular Disease
    4. Balloon Catheters Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Cardiac Catheterization Laboratories
    5. 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. Boston Scientific Inc.
      2. Medtronic
      3. Terumo Corporation
      4. B. Braun Melsungen AG
      5. MicroPort Scientific Corporation
      6. Jotech GmbH
      7. QX Medical LLC
      8. Meril Life Pvt. Ltd.
      9. Hexacath
      10. Abbott Laboratories
      11. Tokai Medical Products Inc.
      12. Biosensors International Ltd.
      13. Cook Medical Inc.
      14. Cardionovum GmbH.
      15. Cordis Corporation
      16. Biotronik
      17. Nitinol Device & Components Inc.
  7. Analyst Views
  8. Future Outlook of the Market