Middle East and Africa Percutaneous Transluminal Angioplasty Balloons Market By Product Type, By Application, By End Users, and Geography
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.
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.
Latin America
Europe
Asia Pacific
Middle East
North America
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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 is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.
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