Global Drug Eluting Balloon Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Coronary Drug Eluting Balloon, Peripheral Drug Eluting Balloon, and Others.By Material;
Polyurethane, Nylon, and Other Materials.By End User;
Hospitals, CATH Laboratories, Ambulatory Surgery Centers, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Drug Eluting Balloon Market (USD Million), 2021 - 2031
In the year 2024, the Global Drug Eluting Balloon Market was valued at USD 767.03 million. The size of this market is expected to increase to USD 2,086.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.4%.
The Global Drug Eluting Balloon (DEB) Market represents a dynamic sector within the medical device industry, offering innovative solutions for the treatment of various cardiovascular diseases. DEBs are specialized catheters coated with anti-restenotic drugs, designed to deliver therapeutic agents directly to the site of arterial injury during angioplasty procedures. This technology aims to reduce the incidence of restenosis, a common complication wherein the treated artery becomes narrow again after angioplasty, by inhibiting excessive tissue growth.
In recent years, the Global Drug Eluting Balloon Market has witnessed significant growth, driven by increasing prevalence of cardiovascular diseases, rising demand for minimally invasive treatment options, and advancements in medical technology. DEBs have emerged as a promising alternative to traditional drug-eluting stents (DES) due to their ability to deliver drugs directly to the vessel wall without the need for permanent implants. This has led to a surge in adoption among healthcare providers worldwide, particularly in regions with high incidences of coronary artery disease and peripheral arterial disease.
Key players in the Global Drug Eluting Balloon Market are continuously investing in research and development activities to enhance product efficacy and expand application areas. Additionally, strategic collaborations, mergers, and acquisitions are prevalent strategies adopted by market players to strengthen their market presence and broaden their product portfolios. With growing emphasis on improving patient outcomes and reducing healthcare costs, DEBs are poised to play a pivotal role in the future of interventional cardiology, offering a promising therapeutic option for a wide range of cardiovascular conditions.
Global Drug Eluting Balloon Market Recent Developments
- In August, 2023, Boston Scientific Corporation, a leading manufacturer of innovative medical solutions, announced that it had received U.S. Food and Drug Administration (FDA) approval for the POLARx Cryoablation System. This new system uniquely enables the use of two balloon sizes 28 mm and 31 mm within a single catheter.
- In October, 2023, Cordis, a global leader in the development and manufacture of interventional cardiovascular and endovascular technology, announced the acquisition of MedAlliance, a Switzerland-based developer of drug-eluting balloon technology. This acquisition is expected to enhance Cordis's coronary and peripheral vascular product portfolio.
Segment Analysis
The Global Drug Eluting Balloon Market exhibits a diverse landscape, segmented by product type, end-user, and geography, reflecting the nuanced needs of patients and healthcare systems worldwide. Among product types, the market encompasses Coronary Drug Eluting Balloons, Peripheral Drug Eluting Balloons, and other specialized variants tailored for specific applications. Coronary DEBs are primarily utilized in the treatment of coronary artery disease, while Peripheral DEBs find extensive application in peripheral arterial disease management, catering to distinct patient populations with varying clinical requirements.
End-users of Drug Eluting Balloons span a spectrum of healthcare facilities, including Hospitals, CATH Laboratories, Ambulatory Surgery Centers, and others. Hospitals represent the cornerstone of patient care, equipped with comprehensive facilities for diagnosis and treatment, making them the primary adopters of DEB technologies. CATH Laboratories, specialized units within hospitals, focus on cardiac catheterization procedures, thereby serving as key hubs for interventional cardiology procedures involving DEBs. Ambulatory Surgery Centers, offering outpatient surgical services, contribute to the market's growth by providing convenient and cost-effective treatment options for patients requiring DEB interventions.
Geographically, the Global Drug Eluting Balloon Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, each region characterized by unique market dynamics and healthcare infrastructure. North America and Europe lead the market owing to well-established healthcare systems, high adoption rates of innovative medical technologies, and significant investments in research and development. Meanwhile, the Asia Pacific region presents lucrative growth opportunities fueled by rising healthcare expenditures, increasing prevalence of cardiovascular diseases, and expanding access to advanced medical care across emerging economies. Middle East and Africa, as well as Latin America, are witnessing steady market growth propelled by improving healthcare infrastructure and growing awareness about minimally invasive treatment options among healthcare providers and patients alike.
Global Drug Eluting Balloon Segment Analysis
In this report, the Global Drug Eluting Balloon Market has been segmented by Product Type, Material, End User and Geography.
Global Drug Eluting Balloon Market, Segmentation by Product Type
The Global Drug Eluting Balloon Market has been segmented by Product Type into Coronary Drug Eluting Balloon, Peripheral Drug Eluting Balloon and Others.
These specialized balloons, coated with anti-restenotic drugs, are deployed during angioplasty procedures to deliver therapeutic agents directly to the site of arterial injury, thereby minimizing the risk of restenosis and improving long-term outcomes for CAD patients.
Peripheral Drug Eluting Balloons constitute another significant segment within the market, catering to the treatment of peripheral arterial disease (PAD), a condition affecting blood vessels outside the heart and brain. PAD often leads to reduced blood flow to the limbs, causing symptoms such as leg pain, cramping, and difficulty walking. Peripheral DEBs offer a minimally invasive alternative to traditional treatment modalities, such as bypass surgery or angioplasty with bare-metal stents, by delivering drug-coated balloons directly to the affected arteries, promoting vessel patency and restoring blood flow to the extremities.
In addition to Coronary and Peripheral DEBs, the market encompasses other specialized variants tailored for specific applications and anatomical sites. These may include DEBs designed for use in neurovascular interventions or for addressing complex lesions in challenging anatomies. By offering a diverse range of product options, manufacturers aim to meet the evolving needs of healthcare providers and patients, driving innovation and advancing the field of interventional cardiology and endovascular therapy.
Global Drug Eluting Balloon Market, Segmentation by Material
The Global Drug Eluting Balloon Market has been segmented by Material into Polyurethane, Nylon, and Other Materials.
The global drug eluting balloon market is categorized based on material types, which include polyurethane, nylon, and other materials. Polyurethane is widely used in the manufacturing of drug eluting balloons due to its favorable properties such as flexibility, durability, and biocompatibility. This material allows for the smooth delivery of drugs to the targeted site while ensuring minimal risk of irritation or adverse reactions. The use of polyurethane in drug eluting balloons is particularly beneficial for procedures requiring precise control, such as coronary interventions.
Nylon is another key material used in drug eluting balloons, chosen for its strength, elasticity, and high resistance to wear. Nylon balloons provide excellent expansion characteristics, which are critical for achieving optimal drug delivery during angioplasty or other vascular procedures. Nylon’s ability to withstand high pressures without compromising the structural integrity of the balloon makes it a preferred material in many clinical applications. Furthermore, its relatively lower cost compared to polyurethane makes it a viable option in a variety of medical scenarios.
Other materials used in the production of drug eluting balloons include polyesters and other polymeric substances. These materials are selected based on specific needs such as compatibility with the drug coating, the ability to maintain balloon stability during inflation, and the flexibility required for smooth navigation through blood vessels. Although not as commonly used as polyurethane and nylon, these alternative materials contribute to the diversification of options in the drug eluting balloon market, allowing for customization depending on the medical procedure and patient needs.
Global Drug Eluting Balloon Market, Segmentation by End User
The Global Drug Eluting Balloon Market has been segmented by End User into Hospitals, CATH Laboratories, Ambulatory Surgery Centers and Others.
CATH Laboratories, specialized units within hospital settings, focus specifically on cardiac catheterization procedures, including angioplasty and stenting. These laboratories are equipped with advanced imaging technologies and interventional equipment, making them pivotal hubs for minimally invasive procedures involving DEBs. Their specialized infrastructure and skilled personnel enable the delivery of high-quality cardiovascular care, driving the adoption of DEB technologies for the treatment of coronary and peripheral vascular conditions.
Ambulatory Surgery Centers (ASCs) represent another key segment of end-users within the Drug Eluting Balloon Market, offering outpatient surgical services in a more streamlined and cost-effective environment compared to traditional hospital settings. ASCs provide a convenient option for patients undergoing minimally invasive procedures, including DEB interventions, allowing for shorter recovery times and reduced healthcare expenditures. Their role in expanding access to DEB therapies underscores the importance of diverse healthcare delivery models in meeting the needs of patients with cardiovascular conditions.
Beyond hospitals, CATH Laboratories, and ASCs, the market encompasses other healthcare facilities and providers that contribute to the adoption and utilization of DEB technologies. These may include specialty clinics, academic medical centers, and outpatient treatment centers, reflecting the multidisciplinary nature of cardiovascular care and the collaborative efforts of healthcare professionals in improving patient outcomes.
Global Drug Eluting Balloon Market, Segmentation by Geography
In this report, the Global Drug Eluting Balloon Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Drug Eluting Balloon Market Share (%), by Geographical Region, 2024
North America represents a substantial market segment for Drug Eluting Balloons (DEBs), driven by factors such as advanced healthcare infrastructure, high healthcare expenditure, and a strong emphasis on technological innovation. The region, encompassing the United States and Canada, boasts a mature market with well-established regulatory frameworks that facilitate the development and commercialization of medical devices. Rising incidences of cardiovascular diseases, coupled with a growing preference for minimally invasive treatment options, contribute to the increasing adoption of DEB interventions in the region.
Europe stands as a significant segment in the Global Drug Eluting Balloon Market, characterized by stringent regulatory standards, leading medical device manufacturers, and a growing demand for minimally invasive cardiovascular interventions. Within the European Union (EU), countries such as Germany, France, and the United Kingdom drive market growth through investments in healthcare infrastructure and research initiatives. The region's aging population and increasing prevalence of cardiovascular risk factors underscore the importance of DEB technologies in addressing coronary artery disease (CAD) and peripheral arterial disease (PAD) across various European markets.
The Asia Pacific region emerges as a dynamic and rapidly expanding segment within the Global Drug Eluting Balloon Market, fueled by demographic shifts, economic development, and evolving healthcare systems. Countries such as China, India, Japan, and South Korea exhibit significant market potential, driven by large patient populations and increasing healthcare expenditures. Partnerships between international medical device companies and local distributors facilitate market penetration, while government initiatives aimed at improving healthcare access and advancing medical technology contribute to the uptake of DEB therapies in the region.
Middle East and Africa represent emerging segments within the Global Drug Eluting Balloon Market, characterized by improving healthcare infrastructure, rising healthcare investments, and a growing burden of cardiovascular diseases. Countries in the Middle East, such as Saudi Arabia and the United Arab Emirates, witness increasing demand for DEB interventions, supported by initiatives aimed at enhancing healthcare delivery and addressing non-communicable diseases. In Africa, countries like South Africa and Nigeria exhibit potential for market growth, driven by efforts to expand healthcare access and improve treatment outcomes for cardiovascular conditions.
Latin America represents another emerging segment in the Global Drug Eluting Balloon Market, marked by improving healthcare access, rising healthcare investments, and a growing prevalence of cardiovascular diseases. Countries such as Brazil, Mexico, and Argentina drive market growth through initiatives aimed at expanding healthcare infrastructure and enhancing medical technology adoption. Strategic collaborations between healthcare stakeholders and government policies aimed at addressing non-communicable diseases contribute to the increasing uptake of DEB therapies in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Drug Eluting Balloon Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Cardiovascular diseases
- Minimally invasive procedures
- Aging population
-
Increasing prevalence of coronary artery disease (CAD) - The Global Drug Eluting Balloon Market is experiencing significant growth due in part to the increasing prevalence of coronary artery disease (CAD) worldwide. CAD is a leading cause of morbidity and mortality globally, characterized by the narrowing or blockage of coronary arteries that supply blood to the heart muscle. Risk factors for CAD include smoking, high blood pressure, high cholesterol, diabetes, obesity, and a sedentary lifestyle. As these risk factors become more prevalent in modern societies, the incidence of CAD continues to rise, driving the demand for effective treatment modalities such as drug-eluting balloons (DEBs).
DEBs offer a minimally invasive alternative to traditional treatment options for CAD, such as coronary artery bypass grafting (CABG) or placement of bare-metal stents (BMS) or drug-eluting stents (DES). They are coated with anti-restenotic drugs that are released directly to the site of arterial injury during angioplasty procedures. This targeted drug delivery helps to inhibit excessive tissue growth and reduce the risk of restenosis, a common complication following angioplasty where the treated artery becomes narrow again. The efficacy of DEBs in reducing restenosis rates has made them increasingly popular among healthcare providers and patients alike.
In response to the rising prevalence of CAD, healthcare systems worldwide are placing greater emphasis on preventive measures, early detection, and advanced treatment options. DEBs represent a valuable tool in this effort, offering a less invasive and more effective solution for CAD patients.
- Regulatory challenges
- Reimbursement limitations
- High initial costs
-
Limited long-term data - Limited long-term data represents a significant challenge in the Global Drug Eluting Balloon Market. While short-term studies have demonstrated the efficacy and safety of drug-eluting balloons (DEBs) in reducing restenosis rates and improving patient outcomes following angioplasty procedures, there remains a paucity of long-term data on their performance and durability. Long-term follow-up studies are essential for assessing the sustained efficacy of DEBs in preventing restenosis and other adverse events over extended periods.
The lack of long-term data poses uncertainties for healthcare providers and patients regarding the durability and effectiveness of DEB therapy beyond the initial post-procedural period. Without comprehensive data on outcomes such as target lesion revascularization rates, stent thrombosis, and major adverse cardiac events over several years, clinicians may be hesitant to fully embrace DEBs as a preferred treatment option for coronary artery disease (CAD) and peripheral arterial disease (PAD). Similarly, patients may have concerns about the long-term efficacy and safety of DEBs compared to alternative interventions.
Addressing the issue of limited long-term data requires ongoing prospective studies and registries that track patients treated with DEBs over extended periods. These studies can provide valuable insights into the real-world performance of DEBs, including their durability, late safety profile, and impact on long-term clinical outcomes. Additionally, collaborative efforts between industry stakeholders, regulatory agencies, and healthcare providers are needed to support long-term follow-up initiatives and generate robust evidence to inform clinical decision-making and optimize patient care in the evolving landscape of interventional cardiology and endovascular therapy.
- Emerging markets
- Advanced technology
- Minimally invasive procedures
-
Healthcare infrastructure expansion - Healthcare infrastructure expansion presents a significant opportunity for the Global Drug Eluting Balloon Market. As countries invest in upgrading and expanding their healthcare systems, there is a corresponding increase in access to advanced medical technologies and interventions, including drug-eluting balloons (DEBs). Healthcare infrastructure expansion involves the construction and renovation of hospitals, clinics, and medical facilities, as well as the deployment of medical equipment and personnel to underserved areas.
The expansion of healthcare infrastructure facilitates the adoption of DEBs by providing the necessary infrastructure and resources for performing interventional cardiology procedures. New hospitals and catheterization laboratories equipped with state-of-the-art imaging systems and interventional equipment create environments conducive to performing complex procedures such as angioplasty with DEBs. Additionally, the availability of skilled healthcare professionals trained in interventional cardiology and endovascular procedures is essential for the successful implementation of DEB therapies.
Healthcare infrastructure expansion contributes to improving patient access to DEB treatments, particularly in rural and remote areas where access to specialized healthcare services may be limited. By establishing healthcare facilities closer to where patients reside, healthcare providers can deliver timely and effective treatment to individuals with coronary artery disease (CAD) and peripheral arterial disease (PAD). This decentralization of healthcare services helps reduce disparities in healthcare access and enhances overall patient outcomes.
Competitive Landscape Analysis
Key players in Global Drug Eluting Balloon Market include:
- Medtronic
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Cook Medical
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Opto Circuits (India) Limited
- Terumo Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Material
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Drug Eluting Balloon Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Cardiovascular diseases
- Minimally invasive procedures
- Aging population
- Increasing prevalence of coronary artery disease (CAD)
- Restraints
- Regulatory challenges
- Reimbursement limitations
- High initial costs
- Limited long-term data
- Opportunities
- Emerging markets
- Advanced technology
- Minimally invasive procedures
- Healthcare infrastructure expansion
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Drug Eluting Balloon Market, By Product Type, 2021 - 2031 (USD Million)
- Coronary Drug Eluting Balloon
- Peripheral Drug Eluting Balloon
- Others
- Global Drug Eluting Balloon Market, By Material, 2021 - 2031 (USD Million)
- Polyurethane
- Nylon
- Other Materials
- Global Drug Eluting Balloon Market, By End User, 2021 - 2031 (USD Million)
- Hospitals
- CATH Laboratories
- Ambulatory Surgery Centers
- Others
- Global Drug Eluting Balloon Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Drug Eluting Balloon Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Medtronic
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Cook Medical
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Opto Circuits (India) Limited
- Terumo Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market