PTCA Balloon Catheter Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2023
“The key drivers expected to drive the market include
unhealthy change in lifestyle, growing geriatric
population and increase in prevalence of cardiovascular
disorders.”
Global PTCA balloon catheter Market is projected to grow considerably in the forecast period owing to the
growing demand for minimally invasive cardiovascular procedures. PTCA (percutaneous transluminal coronary
angioplasty) is a minimally invasive medical procedure that unseals clogged coronary arteries with the help of
balloon catheter and allows the blood flow smoothly to the heart muscle.
Balloon catheter is a soft inflatable balloon that is used to enlarge a narrow opening or passage for the flow of
blood in a body part. PCTA balloon catheter helps to reduce the common complications, allows the operated
body to perform normal activities shortly after the procedure and involves less risks in comparison to the general
surgery.
The key drivers expected to drive the market include unhealthy change in lifestyle, growing geriatric population
and increase in prevalence of cardiovascular disorders. Moreover, rise in disposable income worldwide, lack of
physical exercise, technological advancements and rise in demand for PTCA balloon catheter are other driving
factors of the market. However, risks associated with PCTA balloon catheters, availability of alternative
therapies and reimbursement issues are projected to obstruct the growth of PTCA balloon catheter market.
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High demand for minimally invasive procedures from the emerging nations of Asia Pacific is one of the major
trends witnessed by PTCA balloon catheter market. Introduction of technological modernizations for upgrading