South Korea Balloon Catheter Market to 2032
Overview
The South Korea Balloon Catheter Market is expected to reach a 176.54 USD Million by 2032 and is projected to grow at a CAGR of 7.37% from 2025 to 2032.
Revenue, 2024 (USD Million)
107.33
Forecast, 2032 (USD Million)
176.54
CAGR, 2024 - 2032
7.37%
Report Coverage
South Korea
South Korea Balloon Catheter Market 2018-2032 USD Million
South Korea Balloon Catheter Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 107.33 USD Million
- Projected Market Size (2032): 176.54 USD Million
- CAGR (2025-2032): 7.37%
Key Findings of South Korea Balloon Catheter Market
- The South Korea Balloon Catheter Market was valued at 176.54 USD Million in 2024.
- The South Korea Balloon Catheter Market is likely to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Rapid Exchange (RX) / Monorail Balloon Catheter in Delivery Platform Segment accounted for the largest share of the market with a revenue of 74.38 USD Million
- The fastest growing segment Drug Eluting Balloon Catheter in Product Type Segment grew Fastest with a CAGR of 8.70% during the forecast period from 2024 to 2032.
South Korea Balloon Catheter Market Scope
South Korea Balloon Catheter Market Segmentation & Scope
Type
- Microcatheters
- CTO Balloon Catheters
- PTCA Balloon Catheters
Product Type
- Scoring Balloon Catheter
- Stent Graft Balloon Catheter
- Cutting Balloon Catheter
- Drug Eluting Balloon Catheter
- Normal Balloon Catheter
Delivery Platform
- Fixed Wire (FW) Balloon Catheter
- Over-The-Wire (OTW)
- Rapid Exchange (RX) / Monorail Balloon Catheter
Compliance
- Compliant
- Semi-Compliant
- Non-Compliant
Balloon Material
- Others
- Polyolefin Copolymer
- Silicone
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Nylon
Balloon Type
- Elastomeric Balloons
- High-Pressure Balloons
Application
- Others
- Peripheral Artery Disease
- Coronary Artery Disease
End User
- Others
- Ambulatory Surgery Centers
- Specialty Centers
- Hospitals
Distribution Channel
- Others
- Third Party Distribution
- Direct Tender
South Korea Balloon Catheter Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 107.33 USD Million |
| Market Value in 2032 | 176.54 USD Million |
| CAGR (2025-2032) | 7.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Product Type,Delivery Platform,Compliance,Balloon Material,Balloon Type,Application,End User,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 107.33 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 107.33 USD Million in 2024.
Segments and Scope
-
South Korea Balloon Catheter Market to 2032, By Type
- PTCA Balloon Catheters is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 71.49 USD Million in the year 2024.
- CTO Balloon Catheters is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.14 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Product Type
- Normal Balloon Catheter is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 59.82 USD Million in the year 2024.
- Drug Eluting Balloon Catheter is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 6.75 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Delivery Platform
- Rapid Exchange (RX) / Monorail Balloon Catheter is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 74.38 USD Million in the year 2024.
- Rapid Exchange (RX) / Monorail Balloon Catheter is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.47 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Compliance
- Non-Compliant is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 62.97 USD Million in the year 2024.
- Non-Compliant is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.63 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Balloon Material
- Nylon is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 43.44 USD Million in the year 2024.
- Polyethylene Terephthalate (PET) is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.44 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Balloon Type
- High-Pressure Balloons is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 69.44 USD Million in the year 2024.
- High-Pressure Balloons is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.71 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Application
- Coronary Artery Disease is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 60.90 USD Million in the year 2024.
- Coronary Artery Disease is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.73 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By End User
- Hospitals is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 73.29 USD Million in the year 2024.
- Hospitals is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.52 % in forecast period 2025-2032.
-
South Korea Balloon Catheter Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in South Korea Balloon Catheter Market to 2032 with a revenue of 59.99 USD Million in the year 2024.
- Direct Tender is the Fastest growing segment in South Korea Balloon Catheter Market to 2032 with a Growth rate of 7.66 % in forecast period 2025-2032.
South Korea Balloon Catheter Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Terumo Medical corporation | |||
| Boston Scientific Corporation or its affiliates | |||
| Abbott | |||
| BD | |||
South Korea Balloon Catheter Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Balloon Catheter Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Balloon Catheter Market is segmented based on Segmentation Type,Product Type,Delivery Platform,Compliance,Balloon Material,Balloon Type,Application,End User,Distribution Channel.
South Korea Balloon Catheter Market was valued at USD 107.33(Revenue in USD Million) in 2023.
South Korea Balloon Catheter Market is projected to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
The Rapid Exchange (RX) / Monorail Balloon Catheter segment is expected to dominate the South Korea Balloon Catheter Market, holding a largest market share of 74.38 USD Million in 2024
South Korea Balloon Catheter Market Scope
South Korea Balloon Catheter Market Segmentation & Scope
Type
- Microcatheters
- CTO Balloon Catheters
- PTCA Balloon Catheters
Product Type
- Scoring Balloon Catheter
- Stent Graft Balloon Catheter
- Cutting Balloon Catheter
- Drug Eluting Balloon Catheter
- Normal Balloon Catheter
Delivery Platform
- Fixed Wire (FW) Balloon Catheter
- Over-The-Wire (OTW)
- Rapid Exchange (RX) / Monorail Balloon Catheter
Compliance
- Compliant
- Semi-Compliant
- Non-Compliant
Balloon Material
- Others
- Polyolefin Copolymer
- Silicone
- Polyethylene (PE)
- Polyethylene Terephthalate (PET)
- Nylon
Balloon Type
- Elastomeric Balloons
- High-Pressure Balloons
Application
- Others
- Peripheral Artery Disease
- Coronary Artery Disease
End User
- Others
- Ambulatory Surgery Centers
- Specialty Centers
- Hospitals
Distribution Channel
- Others
- Third Party Distribution
- Direct Tender
Frequently Asked Questions
The South Korea Balloon Catheter Market is segmented based on Segmentation Type,Product Type,Delivery Platform,Compliance,Balloon Material,Balloon Type,Application,End User,Distribution Channel.
South Korea Balloon Catheter Market was valued at USD 107.33(Revenue in USD Million) in 2023.
South Korea Balloon Catheter Market is projected to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Balloon Catheter Market for final year is USD 176.54 (USD Million).
South Korea Balloon Catheter Market Company Profiling
Frequently Asked Questions
The South Korea Balloon Catheter Market is segmented based on Segmentation Type,Product Type,Delivery Platform,Compliance,Balloon Material,Balloon Type,Application,End User,Distribution Channel.
South Korea Balloon Catheter Market was valued at USD 107.33(Revenue in USD Million) in 2023.
South Korea Balloon Catheter Market is projected to grow at a CAGR of 7.37% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Balloon Catheter Market for final year is USD 176.54 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.