Market By Product, Delivery Platform, Compliance, Balloon Material, And Geography | Forecast 2020-2028
According to Triton, the Latin American PTCA balloon catheters market is set to surge with a CAGR of 4.33% during the forecasting years of 2020-2028.
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The countries assessed in this market include:
• Brazil
• Mexico
• Rest of Latin America
Latin America’s PTCA balloon catheter market is attributable to factors such as a growing aging population, rise in life expectancy, growing incidences of lifestyle-oriented diseases like diabetes/obesity, as well as cardiovascular diseases like stroke and heart attack, among others. Furthermore, the healthcare sector in the region offers opportunities to key market players to expand further as well as provides an open space to local players. This has contributed to the market growth in this region.
Brazil is one of the largest PTCA balloon catheter markets in Latin America; as one of the strongest economies in the region, it is expected to become a leading consumer for medical devices over the coming years. Brazil’s market is growing substantially owing to the rising elderly populace & the increase in life expectancy, changing dynamics of the medical device industry, and the rising government & private expenditure on healthcare.
On average, nearly 50% of the nation’s expenditure comes from the government, 25% from private industry players, and 25% from individuals/patients. As per Knoema, Brazil’s health expenditure as a share of GDP, in 2016, was 11.8%; it grew from 8.2% in 2002 to 11.8% in 2016, at an average rate of 2.72% annually. The healthcare and medical devices market is growing steadily due to the increase in individual, government, and private spending in the healthcare sector. The growth of the healthcare sector raises the demand for medical devices such as balloon catheters. The growing demand for these catheters will propel the growth of the Brazilian PTCA balloon catheters market over the forecasting period.
Terumo Corporation provides medical equipment and services. It develops, manufactures, markets, and distributes medical devices around the world. Cardiovascular surgical systems form an essential part of their range of products. Crosstella and Crosperio RX are some of its well-known balloon catheters. Terumo has a significant business presence in Latin America.
1. LATIN AMERICA PTCA BALLOON CATHETERS MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. PORTER’S FIVE FORCES MODEL
2.2.1. THREAT OF NEW ENTRANTS
2.2.2. THREAT OF SUBSTITUTE
2.2.3. BARGAINING POWER OF SUPPLIERS
2.2.4. BARGAINING POWER OF BUYERS
2.2.5. THREAT OF COMPETITIVE RIVALRY
2.3. KEY INSIGHT
2.4. VALUE CHAIN ANALYSIS
2.5. MARKET ATTRACTIVENESS INDEX
2.6. MARKET DRIVERS
2.6.1. GROWING DEMAND FOR MINIMALLY-INVASIVE SURGERIES
2.6.2. ADVANCEMENTS IN TECHNOLOGY
2.6.3. RISE IN GERIATRIC POPULATION
2.7. MARKET RESTRAINTS
2.7.1. AVAILABILITY OF ALTERNATIVE THERAPIES
2.7.2. PRODUCT RECALLS
2.8. MARKET OPPORTUNITIES
2.8.1. INCREASE IN HEALTHCARE EXPENDITURE
2.8.2. SURGING CARDIOVASCULAR DISEASE
2.9. MARKET CHALLENGES
2.9.1. SIDE-EFFECTS OF THE PTCA BALLOON CATHETERS
2.9.2. HIGH COST OF PTCA DEVICES
3. PTCA BALLOON CATHETERS MARKET OUTLOOK - BY PRODUCT
3.1. NORMAL BALLOON CATHETERS
3.2. DRUG-ELUTING BALLOON CATHETERS
3.3. CUTTING BALLOON CATHETERS
3.4. SCORING BALLOON CATHETERS
4. PTCA BALLOON CATHETERS MARKET OUTLOOK - BY DELIVERY PLATFORM
4.1. RX BALLOON CATHETERS
4.2. OTW BALLOON CATHETERS
5. PTCA BALLOON CATHETERS MARKET OUTLOOK - BY COMPLIANCE
5.1. SEMI-COMPLIANT
5.2. NON-COMPLIANT
6. PTCA BALLOON CATHETERS MARKET OUTLOOK - BY BALLOON MATERIAL
6.1. POLYOLEFIN COPOLYMER (POC)
6.2. POLYETHYLENE (PE)
6.3. POLYETHYLENE TEREPHTHALATE (PET)
7. PTCA BALLOON CATHETERS MARKET – LATIN AMERICA
7.1. BRAZIL
7.2. MEXICO
7.3. REST OF LATIN AMERICA
8. COMPANY PROFILES
8.1. ABBOTT LABORATORIES
8.2. B BRAUN MELSUNGEN AG
8.3. BIOTRONIK INC
8.4. BOSTON SCIENTIFIC CORPORATION
8.5. CARDINAL HEALTH
8.6. COOK MEDICAL
8.7. CORDIS (ACQUIRED BY CARDINAL HEALTH)
8.8. ENDOCOR GMBH
8.9. C R BARD INC (ACQUIRED BY BECTON, DICKINSON AND COMPANY)
8.10. MEDTRONIC
8.11. MICROPORT SCIENTIFIC CORPORATION
8.12. KONINKLIJKE PHILIPS NV
8.13. STRYKER
8.14. TERUMO CORPORATION
8.15. TELEFLEX
9. RESEARCH METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE & DELIVERABLES
9.1.1. OBJECTIVES OF STUDY
9.1.2. SCOPE OF STUDY
9.2. SOURCES OF DATA
9.2.1. PRIMARY DATA SOURCES
9.2.2. SECONDARY DATA SOURCES
9.3. RESEARCH METHODOLOGY
9.3.1. EVALUATION OF PROPOSED MARKET
9.3.2. IDENTIFICATION OF DATA SOURCES
9.3.3. ASSESSMENT OF MARKET DETERMINANTS
9.3.4. DATA COLLECTION
9.3.5. DATA VALIDATION & ANALYSIS
TABLE 1 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY REGION, 2020-2028 ($ MILLION)
TABLE 2 SIDE EFFECTS OF THE PTCA BALLOON CATHETERS
TABLE 3 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY COUNTRY, 2020-2028 ($ MILLION)
TABLE 4 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY PRODUCT, 2020-2028 ($ MILLION)
TABLE 5 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY DELIVERY PLATFORM, 2020-2028 ($ MILLION)
TABLE 6 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY COMPLIANCE, 2020-2028 ($ MILLION)
TABLE 7 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY BALLOON MATERIAL, 2020-2028 ($ MILLION)
TABLE 8 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY COUNTRY, 2020-2028 ($ MILLION)
FIGURE 1 LATIN AMERICA PTCA BALLOON CATHETERS MARKET 2020-2028 ($ MILLION)
FIGURE 2 VALUE CHAIN ANALYSIS OF PTCA BALLOON CATHETERS MARKET
FIGURE 3 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY NORMAL BALLOON CATHETERS, 2020-2028 ($ MILLION)
FIGURE 4 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY DRUG-ELUTING BALLOON CATHETERS, 2020-2028 ($ MILLION)
FIGURE 5 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY CUTTING BALLOON CATHETERS, 2020-2028 ($ MILLION)
FIGURE 6 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY SCORING BALLOON CATHETERS, 2020-2028 ($ MILLION)
FIGURE 7 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY RX BALLOON CATHETERS, 2020-2028 ($ MILLION)
FIGURE 8 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY OTW BALLOON CATHETERS, 2020-2028 ($ MILLION)
FIGURE 9 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY SEMI-COMPLIANT, 2020-2028 ($ MILLION)
FIGURE 10 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY NON-COMPLIANT, 2020-2028 ($ MILLION)
FIGURE 11 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY POLYOLEFIN COPOLYMER (POC), 2020-2028 ($ MILLION)
FIGURE 12 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY POLYETHYLENE (PE), 2020-2028 ($ MILLION)
FIGURE 13 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, BY POLYETHYLENE TEREPHTHALATE (PET), 2020-2028 ($ MILLION)
FIGURE 14 LATIN AMERICA PTCA BALLOON CATHETERS MARKET, 2020-2028 ($ MILLION)
FIGURE 15 BRAZIL PTCA BALLOON CATHETERS MARKET 2020-2028 ($ MILLION)
FIGURE 16 MEXICO PTCA BALLOON CATHETERS MARKET 2020-2028 ($ MILLION)
FIGURE 17 REST OF LATIN AMERICA PTCA BALLOON CATHETERS MARKET 2020-2028 ($ MILLION)