Top Balloon Catheter Companies Dominating the Global Market in 2025
21 May, 2025

The Balloon Catheter Market is projected to increase at a compound annual growth rate (CAGR) of 6.77% from 2025 to 2033, from US$ 4.72 billion in 2024 to US$ 8.51 billion in 2033. As cardiovascular disorders are becoming more common, there is a growing need for less invasive procedures, and medical technology is improving, the balloon catheter market is expanding steadily. In order to unblock constricted or obstructed blood arteries, balloon catheters are frequently used in angioplasty, stent implantation, and other interventional procedures. The market is divided into many types, such as balloon catheters that are used in gastroenterology, urology, and cardiology and that cut, score, and elute drugs. Additional factors propelling market development include aging demographics, better healthcare infrastructure, and advantageous reimbursement practices. Because of increased access to and understanding of healthcare, emerging economies provide substantial prospects. However, expansion may be constrained by high prices, regulatory obstacles, and other issues. Strategic partnerships and technological innovation are two major factors influencing this market's future. Similarly, the North America Balloon Catheter market is anticipated to grow at a compound annual growth rate (CAGR) of 6.05% from 2025 to 2033, from US$ 1.62 billion in 2024 to US$ 2.75 billion by 2033.

Businesses in the balloon catheter industry concentrate on creating sophisticated, accurate, and long-lasting equipment for a range of medical uses. To fulfill increasing demand, enhance patient outcomes, and stay competitive in a highly regulated industry, they make investments in R&D, regulatory compliance, and worldwide distribution.

Discover key trends, growth opportunities, and major challenges shaping the Balloon Catheter Industry in Renub Research’s latest in-depth market report. Download your free sample now

Top Global Balloon Catheter Manufacturers and Market Insights

Abbott Laboratories

Establishment: 1888

Headquarters: United States of America

Website: www.abbott.com

Revenue: $42.0B in 2023

Abbott Laboratories (Abbott) is a health care and medical device corporation that develops, creates, produces, and markets goods. Products related to gastroenterology, women's health, cardiovascular and metabolic, pain and central nervous system, respiratory drugs and vaccines, biosimilars, core laboratory and transfusion medicine systems, point-of-care systems, rapid diagnostics lateral flow testing, informatics and automation solutions, nutritional products, rhythm management products, electrophysiology products, heart failure related products, vascular products, structural heart products, and neuromodulation products are among its primary offerings. The business sells its goods to consumers in North America, Latin America, the Middle East, Europe, Asia-Pacific, and Africa through distributors, wholesalers, government organizations, hospitals, pharmacies, and independent merchants. The US headquarters of Abbott are located in Abbott Park, Illinois.

Becton Dickinson and Company

Establishment: 1897

Headquarters: United States of America

Website: www.bd.com

Revenue: $20.2B in 2023

One business that makes medical technology is Becton Dickinson and Co. (BD). It produces and sells diagnostic items, medical gadgets, lab equipment, and supplies. Vascular and urological devices, surgical instruments, molecular diagnostic systems, infusion pumps, pre-fillable medication delivery systems, hemodynamic monitoring equipment, and cell analysis solutions are among the company's product offerings. Healthcare facilities, doctors, life science researchers, clinical labs, the pharmaceutical industry, and the general public are all served by BD's products. Bosnia and Herzegovina, Brazil, Canada, the United States, France, Germany, Hungary, India, Japan, Mexico, and other nations are among those where the corporation operates its production facilities. The US city of Franklin Lakes, New Jersey, is home to BD's headquarters.

Cardinal Health

Establishment: 1971

Headquarters: United States of America

Website: www.cardinalhealth.com/en.html

Revenue: $226.8B in 2023

Integrated healthcare goods and services are offered by Cardinal Health Inc. (Cardinal Health). Pharmaceutical distribution, medical and laboratory product manufacture and distribution, and performance and data solutions for healthcare institutions are among the company's primary operations. Medical equipment, surgical devices, specialized medications, over-the-counter consumer and healthcare goods, and laboratory supplies are all distributed by the company. In addition, it produces its own range of privately branded medical and surgical supplies and runs cyclotron facilities and nuclear pharmacies. Logistics, product, business, and patient solutions are its four areas of specialization. Hospitals, ambulatory care facilities, doctor's offices, clinical labs, alternative care providers, mail order clients, and retail clients including chain and independent pharmacies and pharmacy stores in supermarkets and mass merchandisers are among its clientele. The business also offers economical solutions with a productive supply chain. The business has operations in China, Japan, Europe, Australia, Canada, and the United States. The US city of Dublin, Ohio, is home to Cardinal Health's headquarters.

Teleflex Incorporated

Establishment: 1943

Headquarters: United States of America

Website: www.teleflex.com

Revenue: $3.0B in 2023

The firm Teleflex Inc. (Teleflex) manufactures medical devices. It mainly creates, develops, produces, and distributes single-use medical equipment for use in surgery and critical care. Vascular access devices, interventional catheters, anesthetic supplies, and respiratory care items are among its main offerings. In addition, the business provides clinical support services, partial shipments, custom orders, and technical assistance and product maintenance. Teleflex uses a number of brands, including Arrow, Deknatel, LMA, Pilling, QuikClot, Rusch, UroLift, and Weck, to sell its products to hospitals, healthcare providers, distributors, and original equipment manufacturers. The business uses wholesalers and direct sales to market and sell its goods. It runs production plants in the US, Malaysia, Mexico, and the Czech Republic. The US city of Wayne, Pennsylvania, is home to Teleflex's headquarters.

Medtronic Plc.

Establishment: 1949

Headquarters: Ireland

Website: www.medtronic.com

Revenue: $32.4B in 2023

The medical technology business Medtronic plc (Medtronic) creates, develops, produces, and sells medical equipment and solutions. Research, design, production, and sales of biomedical engineering products are among the company's primary endeavors. It provides products to treat heart valve problems, heart failure, aortic, peripheral vascular, venous, renal, and neurological illnesses, as well as disorders of the spine, musculoskeletal system, and the ears, nose, and throat. Additionally, Medtronic offers biologic solutions for the dentistry and orthopedic industries. In Asia Pacific, Europe, the Americas, the Middle East, and Africa, the firm sells its goods to hospitals, clinics, third-party healthcare providers, government healthcare programs, distributors, and group purchasing groups. The headquarters of Medtronic are located in Dublin, Ireland.

Johnson and Johnson

Establishment: 1886

Headquarters: United States of America

Website: www.jnj.com

Revenue: $88.8B in 2023

Research, development, production, and distribution of cutting-edge medications and medical technology are the activities of Johnson & Johnson (J&J), a healthcare organization. The corporation uses its operational companies to carry out its activities. It offers medical equipment for use in the sectors of cardiovascular, orthopedic, neurovascular, general surgery, and vision care, as well as pharmaceutical items for treatment areas linked to immunological disorders, cancer, neurological disorders, infectious, cardiovascular, and metabolic illnesses. The business sells its goods to hospitals, wholesalers, medical experts, and retailers. It operates production operations throughout the US, Europe, Asia-Pacific, Africa, Western Hemisphere (excluding the US), and Latin America. The US city of New Brunswick, New Jersey, is home to J&J's headquarters.

Edwards Lifesciences Corporation

Establishment: 1958

Headquarters: United States of America

Website: www.edwards.com

Revenue: $5.4B in 2023

Devices for structural heart disease, critical care, and postoperative monitoring are developed, manufactured, and marketed by Edwards Lifesciences Corp. (Edwards Lifesciences), a medical technology firm. Transcatheter heart valves, hemodynamic monitoring devices, surgical valve replacement and repair devices, pressure monitoring devices, and associated tools and accessories are among the company's offerings. Transcatheter aortic valve replacement (TAVR), blood conservation, infection control, improved surgical recovery, and the treatment of clotting, hypotension, and sepsis are among the therapies that use its products. In addition to a network of independent distributors in North America, Europe, and Asia-Pacific, the firm advertises its goods directly to consumers. The US headquarters of Edwards Lifesciences are located in Irvine, California.

Stryker Corporation

Establishment: 1941

Headquarters: United States of America

Website: www.stryker.com

Revenue: $22.6B in 2023

Stryker Corp. (Stryker) is a medical technology firm that manufactures spine, neurotechnology, orthopedic, and medical and surgical equipment. Orthopedic implants, surgical equipment and surgical navigation systems, endoscopic and communications systems, patient management, emergency medical equipment, and disposables for critical care are some of its main items. Additionally, it provides spinal, neurovascular, and neurosurgical equipment as well as medical gadgets for a range of ailments. Physicians, hospitals, and other healthcare organizations can purchase Stryker's goods. In the Americas, Europe, Asia-Pacific, the Middle East, and Africa, the corporation offers its goods through subsidiaries, branches, independent dealers, and distributors. The US city of Portage, Michigan, is home to Stryker's headquarters.

Smith & Nephew

Establishment: 1956

Headquarters: United Kingdom

Website: www.cinfin.com

Revenue: $5.8B in 2023

Smith & Nephew Plc (Smith & Nephew) is a medical technology firm that creates, produces, and sells medical devices for advanced wound care, sports medicine, orthopedic reconstruction and trauma, and ENT. Advanced goods and tools for repairing or removing soft tissue, hip, knee, and shoulder replacement systems, robotics-assisted and digital enabling solutions, wound dressings, advanced wound bio-actives, and advanced wound devices are among its offerings. Under the trademarks Oasis, Opsite, Pico, Primapore, Profore, and Renasys, among others, the firm sells its products to surgeons, nurses and nurse specialists, doctors and general practitioners, and purchasing professionals in hospitals and healthcare insurers. The firm sells its goods across the Middle East, Africa, Asia Pacific, Europe, and the Americas. In the United Kingdom, Smith & Nephew's headquarters are located in Watford, Hertfordshire.