How big is the balloon introducer system market today, and what are its future growth expectations?
The balloon introducer system market size has grown rapidly in recent years. It will grow from $2.97 $ billion in 2024 to $3.27 $ billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to improved supply chain management, an aging population, an increasing preference for outpatient procedures, rising awareness of preventive healthcare, and rising government programs aimed at improving public health.
The balloon introducer system market size is expected to see strong growth in the next few years. It will grow to $4.77 $ billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to the rising incidence of obesity, growing patient awareness, the growing prevalence of cardiovascular diseases, and the preference for minimally invasive surgeries. Major trends in the forecast period include technological advancements, increased adoption in emerging markets, integration with imaging technologies, expansion of applications, and adoption of telemedicine.
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What have been the primary factors driving the balloon introducer system market’s growth?
The increase in cardiovascular diseases is expected to propel the growth of the balloon introducer system market going forward. Cardiovascular diseases refer to disorders affecting the heart and blood vessels, including heart attacks, strokes, and hypertension. The prevalence of cardiovascular diseases is increasing due to the global rise in obesity and diabetes, coupled with the widespread adoption of sedentary lifestyles and poor dietary habits. A balloon introducer system aids in minimally invasive procedures to open blocked blood vessels, improving blood flow in cardiovascular disease treatment. For instance, in June 2024, according to data published by the American Heart Association, a US-based public health organization, as high blood pressure is expected to increase from 51.2% to 61.0%, the number of people diagnosed with cardiovascular diseases is projected to rise from 128 million in 2020 to over 184 million by 2050. Therefore, the increase in cardiovascular diseases is driving the growth of the balloon introducer system market.
What are the key segments within the balloon introducer system market?
The balloon introducer systemmarket covered in this report is segmented –
1) By Product Type: Normal Balloon, Cutting And Scoring Balloon, Drug-Coated Balloon, Stent Graft Balloon Introducer
2) By Technology: Rapid Exchange, Over The Wire, Fixed Wire Balloon Catheter
3) By Application: Coronary Artery Diseases, Peripheral Artery Diseases, Neurovascular Diseases
4) By End User: Hospitals, Ambulatory Surgical Centers, Catheterization Laboratories
Subsegments:
1) By Normal Balloon: Standard Balloon Introducers, Specialty Balloon Introducers
2) By Cutting and Scoring Balloon: Cutting Balloon Introducers, Scoring Balloon Introducers
3) By Drug-Coated Balloon: Paclitaxel-Coated Balloons, Sirolimus-Coated Balloons
4) By Stent Graft Balloon Introducer: Stent Graft Delivery Systems, Balloon Expandable Stent Graft Introducers
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Which key players are shaping the balloon introducer system market?
Major companies operating in the balloon introducer system market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Becton Dickinson, Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Cook Medical Inc., Teleflex Incorporated, BIOTRONIK SE & Co. KG, Merit Medical Systems Inc., MicroPort Scientific Corporation, Blue Sail Medical Co. Ltd., Asahi Intecc Co. Ltd., Japan Lifeline Co. Ltd., AngioDynamics Inc., OrbusNeich Medical, Biosensors International Group Ltd., Alvimedica Medical Technologies, Hexacath, Cardionovum GmbH, Concept Medical Inc., Endocor GmbH
How will emerging trends drive the balloon introducer system market throughout the forecast period?
Major companies in the balloon introducer system market are focusing on developing innovative medical products such as elation balloons to enhance medical procedures to enhance medical procedures. Elation balloons refer to specialized medical devices used to assist in minimally invasive procedures by providing controlled dilation of blood vessels or other anatomical pathways. For instance, in July 2022, Merit Medical Systems Inc., a US-based medical device manufacturer, launched the smallest and shortest configuration of the Elation Pulmonary Balloon Dilator to address critical patient needs. This innovative balloon enables physicians to accurately match its diameter and length to smaller airways, featuring a multi-stage configuration that measures 4-5-6 mm x 1.5 cm. Its kink-resistant catheter allows for multiple insertions and dilations during a single procedure, enhancing safety by preventing over-dilation in challenging strictures. Overall, the Elation balloon improves treatment options for patients, helping restore airway patency and enhance their quality of life.
How do regional factors impact the balloon introducer system market, and which region is the largest contributor?
North America was the largest region in the balloon introducer system market in 2024. The regions covered in the balloon introducer system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Balloon Introducer System Market Report 2025 Offer?
The balloon introducer system market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A balloon introducer system refers to a medical device used in interventional procedures to facilitate the insertion of a balloon catheter into a patient’s vascular system. This system is typically employed during procedures like angioplasty, where a balloon catheter is inserted into a blood vessel to widen narrowed or blocked arteries.
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