Global Balloon Catheter Market Size and Analysis
The global balloon catheter market is projected to reach US$8.51 billion by 2033, growing from US$4.72 billion in 2024, at a CAGR of 6.77% between 2025 and 2033. This substantial market growth is attributed to the rising prevalence of cardiovascular and peripheral vascular diseases, increasing demand for minimally invasive procedures, and technological advancements in catheter designs. Additionally, an aging global population and the need for efficient diagnostic and therapeutic tools are key factors driving the market.
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Market Overview
A balloon catheter is a crucial medical device used in minimally invasive procedures, primarily in the treatment of vascular blockages and strictures. It is a flexible, thin tube with an inflatable balloon at its tip, which expands to open narrowed blood vessels or pathways. These devices are widel