Middle East and Africa Percutaneous Transluminal Angioplasty Balloons Market By Product Type, By Application, By End Users, and Geography  

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Middle East and Africa Percutaneous Transluminal Angioplasty (PTA) Balloons Market By Product Type (Drug Eluting Balloons, Normal Balloons, Scoring Balloons, Cutting Balloons), By Application (Peripheral Artery Disease, Coronary Artery Disease), By End Users (Hospitals, Clinics, Ambulatory Surgical Centers), and Geography  

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Middle East and Africa Percutaneous Transluminal Angioplasty (PTA) Balloons Market size is valued at US$ x million in 2021 and is expected to reach US$ x million by 2028, at a CAGR of x% during the forecast period 2022-2028. Percutaneous transluminal angioplasty (PTA) is a process carried to treat the peripheral artery disease (PAD) by open up the arteries that are narrowed by plaque. Rise in prevalence of coronary and peripheral artery disease, expansion of the business by companies in Middle East region, development in healthcare infrastructure, and rise in awareness about the PTA balloons in South Africa are expected to propel the Middle East and Africa percutaneous transluminal angioplasty balloons market over the forecast period. However, stringent guidelines for product approval, high cost of PTA balloons, lack of awareness about advanced products in underdeveloped countries, and alternative treatment for peripheral and coronary artery disease may hamper the Middle East and Africa percutaneous transluminal angioplasty balloons market.

Middle East and Africa Percutaneous Transluminal Angioplasty (PTA) Balloons Market Dynamics

DRIVERS : The number of cooperation and tie-ups between major players is increasing. For example, QT Vascular (Singapore) inked a final agreement with Medtronic in February 2017 for the Middle East and Africa distribution of its Chocolate percutaneous transluminal angioplasty (PTA) catheter for five years, with two one-year extensions automatically renewed. RESTRAINTS : Recalls of products. After receiving multiple reports of balloons bursting below the device's rated burst pressure, Cook recalled three types of a balloon catheter used for leg angioplasty treatments in June 2019.

Middle East And Africa Percutaneous Transluminal Angioplasty Pta Balloons Market Segmentation Analysis

Report Benchmarks

Details

By Product Type

  • Drug-Eluting Balloons
  • Normal Balloons
  • Scoring Balloons
  • Cutting Balloons

By Application

  • Peripheral Artery Disease
  • Coronary Artery Disease

By End User

  • Hospitals
  • Cardiology Clinics
  • Ambulatory Surgical Centers

By Country

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

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Key Market Players

  • R. Bard, Inc. (U.S.)
  • Cook Medical, Inc. (U.S.)
  • Abbott, Inc. (U.S.)
  • Cardinal Health, Inc. (U.S.)
  • Boston Scientific Corporation (U.S.)
  • Medtronic Plc (Ireland)

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