Drug Eluting Balloon Market
By Product Type;
Coronary Drug Eluting Balloon, Peripheral Drug Eluting Balloon, and OthersBy Material;
Polyurethane, Nylon, and OthersBy Technology;
Paccocath, FreePac, TransPax, EnduraCoat, and OthersBy End User;
Hospitals, CATH Laboratories, Ambulatory Surgery Centers, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Drug Eluting Balloon Market Overview
Drug Eluting Balloon Market (USD Million)
Drug Eluting Balloon Market was valued at USD 767.03 million in the year 2024. The size of this market is expected to increase to USD 2,086.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.4%.
Drug Eluting Balloon Market
*Market size in USD million
CAGR 15.4 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 15.4 % |
Market Size (2024) | USD 767.03 Million |
Market Size (2031) | USD 2,086.72 Million |
Market Concentration | Low |
Report Pages | 314 |
Major Players
- Medtronic
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Cook Medical
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Opto Circuits (India) Limited
- Terumo Corporation
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Drug Eluting Balloon Market
Fragmented - Highly competitive market without dominant players
The Drug Eluting Balloon (DEB) Market is expanding rapidly, driven by the rising adoption of minimally invasive vascular procedures. Over 62% of patients now qualify for DEB-based therapies, underlining a growing shift from conventional treatment approaches. DEBs are favored for reducing restenosis risk and minimizing the need for prolonged drug regimens post-procedure.
Preference Over Permanent Implants
DEBs are increasingly used as an alternative to drug-eluting stents, particularly in cases involving delicate or small vessels. Approximately 47% of specialists now recommend DEBs where traditional implants fall short. Their non-permanent design enables efficient drug delivery while preserving vessel integrity, boosting their clinical preference.
Technology-Driven Improvements
Recent advancements in drug coating techniques and balloon catheter design are transforming DEB performance. More than 55% of the latest devices incorporate innovations that optimize drug transfer and lesion targeting. These developments enhance procedural outcomes and patient recovery, reinforcing their market demand.
Emphasis on Efficacy and Long-Term Benefits
The DEB market is increasingly influenced by the focus on clinical outcomes and patient safety. Data shows a 28% decrease in repeat interventions with DEB use versus non-drug alternatives. As providers emphasize evidence-based approaches, DEBs continue to demonstrate value in effective and sustained vascular care.
Drug Eluting Balloon Market Recent Developments
- In August, 2023, Boston Scientific Corporation, a leading manufacturer of innovative medical solutions, announced that it had received U.S. Food and Drug Administration (FDA) approval for the POLARx Cryoablation System. This new system uniquely enables the use of two balloon sizes 28 mm and 31 mm within a single catheter.
- In October, 2023, Cordis, a global leader in the development and manufacture of interventional cardiovascular and endovascular technology, announced the acquisition of MedAlliance, a Switzerland-based developer of drug-eluting balloon technology. This acquisition is expected to enhance Cordis's coronary and peripheral vascular product portfolio.
Drug Eluting Balloon Market Segment Analysis
In this report, the Drug Eluting Balloon Market has been segmented by Product Type, Material, Technology, End User, and Geography.
Drug Eluting Balloon Market, Segmentation by Product Type
The Drug Eluting Balloon Market has been segmented by Product Type into Coronary Drug Eluting Balloon, Peripheral Drug Eluting Balloon, and Others.
Coronary Drug Eluting Balloon
The coronary drug eluting balloon segment holds a major share in the market due to its critical role in treating coronary artery disease and restenosis. These devices are often preferred in cases where stents are not viable, offering a non-stent-based solution for narrowed arteries. Approximately 60% of the total market is attributed to this segment, driven by the increasing prevalence of cardiovascular disorders.
Peripheral Drug Eluting Balloon
The peripheral drug eluting balloon segment is expanding steadily owing to the rise in peripheral artery disease (PAD) cases. It is particularly effective in managing femoropopliteal and below-the-knee lesions. This segment accounts for nearly 30% of the market and is anticipated to grow further with increasing awareness and adoption of minimally invasive interventions.
Others
The others category includes innovative balloon types in experimental or niche applications, such as in-stent restenosis treatment outside of coronary or peripheral contexts. Although currently holding a smaller market share of around 10%, this segment has the potential for growth as R&D efforts lead to broader clinical adoption.
Drug Eluting Balloon Market, Segmentation by Material
The Drug Eluting Balloon Market has been segmented by Material into Polyurethane, Nylon, and Other Materials.
Polyurethane
Polyurethane is widely used in the manufacturing of drug eluting balloons due to its excellent flexibility, biocompatibility, and durability under pressure. This material is particularly suitable for navigating tortuous vessels and provides consistent performance. It accounts for approximately 45% of the market, supported by its favorable mechanical and drug release properties.
Nylon
Nylon is another dominant material, valued for its high burst pressure tolerance and low compliance. It is ideal for applications that require precise balloon expansion and positioning. Representing about 40% of the total market, nylon-based drug eluting balloons are extensively used in both coronary and peripheral interventions.
Other Materials
The other materials category includes advanced polymers and composite materials that are under development or in limited use. These materials contribute nearly 15% to the market and offer potential for next-generation balloon technologies with enhanced drug delivery efficiency and tailored mechanical profiles.
Drug Eluting Balloon Market, Segmentation by Technology
The Drug Eluting Balloon Market has been segmented by Technology into Paccocath, FreePac, TransPax, EnduraCoat, and Others
Paccocath
Paccocath is one of the most established technologies in the drug eluting balloon market, utilizing a paclitaxel-coated matrix to enable effective drug transfer to the vessel wall. This technology is widely adopted in clinical practice and accounts for approximately 35% of the total market due to its proven efficacy and safety profile.
FreePac
FreePac technology employs a proprietary coating technique to enhance the homogeneous delivery of paclitaxel. Known for its long-lasting antiproliferative effects, FreePac-based balloons are gaining traction, contributing to nearly 25% of the global market share.
TransPax
TransPax offers a unique drug release platform that improves tissue uptake and minimizes drug loss during navigation. It is increasingly used in challenging vascular conditions and holds close to 20% of the market, owing to its advanced pharmacokinetic profile.
EnduraCoat
EnduraCoat focuses on improving coating durability and drug retention during device delivery. Its ability to reduce systemic exposure makes it an emerging choice among interventional cardiologists. Currently, it represents around 10% of the market but shows strong potential for growth.
Others
The others segment includes novel and hybrid coating technologies that are still in early stages of adoption. These contribute approximately 10% to the overall market and are expected to gain prominence as innovation and clinical validation continue to evolve in this space.
Drug Eluting Balloon Market, Segmentation by End User
The Drug Eluting Balloon Market has been segmented by End User into Hospitals, CATH Laboratories, Ambulatory Surgery Centers, and Others.
Hospitals
Hospitals are the primary end users of drug eluting balloons, accounting for nearly 50% of the market. Their dominance is attributed to the presence of advanced infrastructure, skilled professionals, and high patient inflow for interventional procedures. Hospitals also serve as key centers for both elective and emergency cardiovascular treatments.
CATH Laboratories
CATH laboratories play a crucial role in the adoption of drug eluting balloons, especially for minimally invasive coronary and peripheral interventions. These labs contribute to around 25% of the market and are equipped with state-of-the-art imaging and catheterization technologies that support precise and efficient procedures.
Ambulatory Surgery Centers
Ambulatory surgery centers (ASCs) are gaining momentum due to the shift toward cost-effective and outpatient cardiovascular procedures. Representing close to 15% of the market, ASCs offer quick turnaround times and are increasingly adopting advanced interventional devices such as drug eluting balloons.
Others
The others segment includes specialty clinics and research institutions that utilize drug eluting balloons in niche applications or clinical trials. While currently accounting for approximately 10% of the market, this segment is expected to grow with ongoing technological advancements and clinical research.
Drug Eluting Balloon Market, Segmentation by Geography
In this report, the Drug Eluting Balloon Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East, and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Drug Eluting Balloon Market Share (%), by Geographical Region
North America
North America dominates the drug eluting balloon market, contributing approximately 40% of the global revenue. The region benefits from widespread adoption of advanced interventional cardiology procedures, robust healthcare infrastructure, and favorable regulatory approvals. High prevalence of cardiovascular diseases further drives market growth in the U.S. and Canada.
Europe
Europe holds a substantial market share of nearly 30%, supported by a strong presence of medical device manufacturers and increasing demand for minimally invasive treatments. Countries such as Germany, France, and the UK are key contributors due to high rates of clinical research and early adoption of drug eluting technologies.
Asia Pacific
Asia Pacific is emerging as a high-growth region, accounting for around 20% of the market. Rapid expansion is driven by rising healthcare investments, growing cardiovascular disease burden, and increasing access to interventional procedures in countries like China, India, and Japan.
Middle East and Africa
Middle East and Africa represent a smaller but steadily growing segment, contributing close to 5% of the global market. Growth is fueled by rising healthcare infrastructure development in the Gulf countries and increased focus on cardiac care solutions across emerging African economies.
Latin America
Latin America accounts for about 5% of the market, with countries like Brazil and Mexico showing strong potential. Government-led healthcare expansion programs and increasing awareness of advanced cardiovascular treatments are helping boost regional adoption of drug eluting balloon technologies.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drug Eluting Balloon Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Cardiovascular diseases
- Minimally invasive procedures
- Aging population
-
Increasing prevalence of coronary artery disease (CAD) - The Global Drug Eluting Balloon Market is experiencing significant growth due in part to the increasing prevalence of coronary artery disease (CAD) worldwide. CAD is a leading cause of morbidity and mortality globally, characterized by the narrowing or blockage of coronary arteries that supply blood to the heart muscle. Risk factors for CAD include smoking, high blood pressure, high cholesterol, diabetes, obesity, and a sedentary lifestyle. As these risk factors become more prevalent in modern societies, the incidence of CAD continues to rise, driving the demand for effective treatment modalities such as drug-eluting balloons (DEBs).
DEBs offer a minimally invasive alternative to traditional treatment options for CAD, such as coronary artery bypass grafting (CABG) or placement of bare-metal stents (BMS) or drug-eluting stents (DES). They are coated with anti-restenotic drugs that are released directly to the site of arterial injury during angioplasty procedures. This targeted drug delivery helps to inhibit excessive tissue growth and reduce the risk of restenosis, a common complication following angioplasty where the treated artery becomes narrow again. The efficacy of DEBs in reducing restenosis rates has made them increasingly popular among healthcare providers and patients alike.
In response to the rising prevalence of CAD, healthcare systems worldwide are placing greater emphasis on preventive measures, early detection, and advanced treatment options. DEBs represent a valuable tool in this effort, offering a less invasive and more effective solution for CAD patients.
- Regulatory challenges
- Reimbursement limitations
- High initial costs
-
Limited long-term data - Limited long-term data represents a significant challenge in the Global Drug Eluting Balloon Market. While short-term studies have demonstrated the efficacy and safety of drug-eluting balloons (DEBs) in reducing restenosis rates and improving patient outcomes following angioplasty procedures, there remains a paucity of long-term data on their performance and durability. Long-term follow-up studies are essential for assessing the sustained efficacy of DEBs in preventing restenosis and other adverse events over extended periods.
The lack of long-term data poses uncertainties for healthcare providers and patients regarding the durability and effectiveness of DEB therapy beyond the initial post-procedural period. Without comprehensive data on outcomes such as target lesion revascularization rates, stent thrombosis, and major adverse cardiac events over several years, clinicians may be hesitant to fully embrace DEBs as a preferred treatment option for coronary artery disease (CAD) and peripheral arterial disease (PAD). Similarly, patients may have concerns about the long-term efficacy and safety of DEBs compared to alternative interventions.
Addressing the issue of limited long-term data requires ongoing prospective studies and registries that track patients treated with DEBs over extended periods. These studies can provide valuable insights into the real-world performance of DEBs, including their durability, late safety profile, and impact on long-term clinical outcomes. Additionally, collaborative efforts between industry stakeholders, regulatory agencies, and healthcare providers are needed to support long-term follow-up initiatives and generate robust evidence to inform clinical decision-making and optimize patient care in the evolving landscape of interventional cardiology and endovascular therapy.
- Emerging markets
- Advanced technology
- Minimally invasive procedures
-
Healthcare infrastructure expansion - Healthcare infrastructure expansion presents a significant opportunity for the Global Drug Eluting Balloon Market. As countries invest in upgrading and expanding their healthcare systems, there is a corresponding increase in access to advanced medical technologies and interventions, including drug-eluting balloons (DEBs). Healthcare infrastructure expansion involves the construction and renovation of hospitals, clinics, and medical facilities, as well as the deployment of medical equipment and personnel to underserved areas.
The expansion of healthcare infrastructure facilitates the adoption of DEBs by providing the necessary infrastructure and resources for performing interventional cardiology procedures. New hospitals and catheterization laboratories equipped with state-of-the-art imaging systems and interventional equipment create environments conducive to performing complex procedures such as angioplasty with DEBs. Additionally, the availability of skilled healthcare professionals trained in interventional cardiology and endovascular procedures is essential for the successful implementation of DEB therapies.
Healthcare infrastructure expansion contributes to improving patient access to DEB treatments, particularly in rural and remote areas where access to specialized healthcare services may be limited. By establishing healthcare facilities closer to where patients reside, healthcare providers can deliver timely and effective treatment to individuals with coronary artery disease (CAD) and peripheral arterial disease (PAD). This decentralization of healthcare services helps reduce disparities in healthcare access and enhances overall patient outcomes.
Competitive Landscape Analysis
Key players in Global Drug Eluting Balloon Market include:
- Medtronic
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Cook Medical
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Opto Circuits (India) Limited
- Terumo Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Material
- Market Snapshot, By Technology
- Market Snapshot, By End User
- Market Snapshot, By Region
- Drug Eluting Balloon Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Cardiovascular diseases
- Minimally invasive procedures
- Aging population
- Increasing prevalence of coronary artery disease (CAD)
- Restraints
- Regulatory challenges
- Reimbursement limitations
- High initial costs
- Limited long-term data
- Opportunities
- Emerging markets
- Advanced technology
- Minimally invasive procedures
- Healthcare infrastructure expansion
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Drug Eluting Balloon Market, By Product Type, 2021 - 2031 (USD Million)
- Coronary Drug Eluting Balloon
- Peripheral Drug Eluting Balloon
- Others
- Drug Eluting Balloon Market, By Material, 2021 - 2031 (USD Million)
- Polyurethane
- Nylon
- Others
- Drug Eluting Balloon Market, By Technology, 2021 - 2031 (USD Million)
- Paccocath
- FreePac
- TransPax
- EnduraCoat
- Others
- Drug Eluting Balloon Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- CATH Laboratories
- Ambulatory Surgery Centers
- Others
- Drug Eluting Balloon Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Drug Eluting Balloon Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Medtronic
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Cook Medical
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Opto Circuits (India) Limited
- Terumo Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market