Global Dual Balloon Angioplasty Catheter Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Indication;

Peripheral and Coronary.

By End User;

Hospitals and Catheterization labs.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn548166579 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Dual Balloon Angioplasty Catheter Market (USD Million), 2021 - 2031

In the year 2024, the Global Dual Balloon Angioplasty Catheter Market was valued at USD 207.60 million. The size of this market is expected to increase to USD 246.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.5%.

The global dual balloon angioplasty catheter market is witnessing significant growth due to the increasing prevalence of cardiovascular diseases. These catheters are used in minimally invasive procedures to open blocked or narrowed blood vessels, enhancing blood flow to the heart. The growing aging population, which is more susceptible to cardiovascular conditions, and the rising demand for advanced medical treatments are driving the market. Technological advancements in catheter design and functionality are also contributing to the market expansion.

Several key drivers are propelling the growth of the dual balloon angioplasty catheter market. These include the rising incidence of coronary artery disease, advancements in catheter technologies, and increased healthcare expenditure in developing regions. However, the market faces restraints such as the high cost of angioplasty procedures and the risk of complications associated with catheter use. Additionally, stringent regulatory approvals for medical devices can slow down the market growth.

Despite these challenges, the market holds substantial opportunities. Emerging markets in Asia-Pacific and Latin America present significant growth potential due to improving healthcare infrastructure and increasing patient awareness. The trend towards personalized medicine and the development of next-generation catheters with enhanced safety and efficacy features are expected to further boost market growth. Collaborative research initiatives and strategic partnerships among key players are also likely to foster innovation and expand market reach.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Indication
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Dual Balloon Angioplasty Catheter Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Cardiovascular Disease Incidence
        2. Advancements in Catheter Technology
        3. Growing Aging Population
      2. Restraints
        1. High Procedure Costs
        2. Regulatory Hurdles
        3. Risk of Complications
      3. Opportunities
        1. Emerging Markets Expansion
        2. Technological Innovations
        3. Increasing Healthcare Investments
    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. Compititive Rivalry
  5. Market Segmentation
    1. Global Dual Balloon Angioplasty Catheter Market, By Indication, 2021 - 2031 (USD Million)
      1. Peripheral
      2. Coronary
    2. Global Dual Balloon Angioplasty Catheter Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Catheterization labs
    3. Global Dual Balloon Angioplasty Catheter 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. Spectranetics
      2. InSitu Technologies Inc
      3. eucatech A
      4. Balton Sp. z o.o
      5. PanMed U
      6. Degania Silicone Ltd,
      7. Van Oostveen Medical B.V
      8. IMeSI
  7. Analyst Views
  8. Future Outlook of the Market