Intra-aortic Balloon Pump Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global intra-aortic balloon pump (IABP) market, providing an in-depth analysis of key market dynamics, including driving factors, emerging trends, opportunities, and challenges. This detailed report offers critical insights into the market landscape, supporting strategic decision-making for stakeholders.

Key Insights:

Intra-aortic Balloon Pump Market Size (2024): USD 324.3 Mn
Projected Market Value (2031): USD 438.3 Mn
Global Market Growth Rate (CAGR 2024-20231): 4.40%

Intra-Aortic Balloon Pump Market - Report Scope:

The intra-aortic balloon pump (IABP) market focuses on devices that are used to support patients with chronic heart diseases and coronary artery diseases, including unstable angina and myocardial infarction. These pumps are critical during cardiogenic shock and heart failure treatment. The market is fueled by the increasing prevalence of cardiovascular diseases, advancements in medical device technologies, and expanding government healthcare expenditures, especially in regions like North America and Asia Pacific.

Market Growth Drivers:

Key factors driving the global intra-aortic balloon pump market include rising healthcare investment in emerging economies, particularly in countries like China and India, where the prevalence of coronary artery diseases and heart failure is increasing. The growing healthcare infrastructure and government spending in these regions present lucrative opportunities for market growth. Additionally, technological advancements play a significant role, with medical device manufacturers focusing on developing more efficient intra-aortic balloon pumps (IABPs) that offer improved safety and efficacy. This has enhanced the overall demand for IABPs and consumables such as tubing and disposables. Furthermore, favorable reimbursement policies and increased healthcare spending in North America, aimed at supporting heart disease treatments, contribute to the growing adoption of IABPs in the region.

Market Restraints:

Despite strong growth prospects, the global intra-aortic balloon pump market faces several challenges. One of the primary concerns is product recalls and safety issues, as adverse events, including injuries and deaths, have been reported with the use of intra-aortic balloon pumps, particularly in patients with chronic heart diseases. These safety concerns could potentially hinder market growth, especially in regions like North America. Additionally, the high initial cost and ongoing maintenance of advanced IABP systems present a significant barrier to adoption, particularly in low-income healthcare settings, where budget constraints limit the purchase and use of such sophisticated equipment.

Market Opportunities:

The intra-aortic balloon pump market presents significant opportunities, particularly through increased research and development funding. Governments, especially in the U.S., are allocating more funds to medical device R&D, which supports the development of advanced and cost-effective IABPs. This investment drives innovation and improves the affordability and effectiveness of IABPs. Additionally, emerging markets offer considerable growth potential. Rapid advancements in healthcare infrastructure, combined with the rising prevalence of coronary diseases in these regions, create ample opportunities for market expansion. As healthcare systems in countries like China and India continue to evolve, the demand for IABPs is expected to increase, fueling market growth..

Key Questions Answered in the Report:

What are the key factors driving the growth of the intra-aortic balloon pump market?
Which regions are expected to witness the highest adoption of intra-aortic balloon pumps, and why?
How are technological advancements shaping the competitive landscape of the IABP market?
Who are the key players in the market, and what strategies are they using to increase market share?
What are the emerging trends and future outlook for the intra-aortic balloon pump market?

Competitive Intelligence and Business Strategy:

Leading players in the intra-aortic balloon pump market, such as Maquet Getinge Group, Teleflex Incorporated, and Medtronic, are focusing on product innovation, efficiency, and improving safety features to maintain their competitive edge. These companies are investing heavily in R&D to develop next-generation IABP devices that are more cost-effective and user-friendly. Strategic partnerships, mergers, and acquisitions are crucial for expanding market presence and tapping into the lucrative emerging markets.

Key Companies Profiled:

Teleflex Corporation
MAQUET Holding B.V. & Co. KG. (Getinge Group)
Zeon Corporation
Tokai Medical Products Inc.
SENKO MEDICAL INSTRUMENT Mfg. CO., LTD.
InterValve Inc.
Insightra Medical, Inc.
Others.

Intra-Aortic Balloon Pump Market Segmentation:

By Product Type:

Intra-aortic Balloon Pump (IABP) Console
Intra-aortic Balloon Pump (IABP) Catheters
Introducer Tray

By Indication:

Coronary Artery Diseases
Unstable Angina
Myocardial Infarction (NSTEMI)
Chronic Heart Failure

By End User:

Hospitals
Ambulatory Surgical Centers
Independent Catheterization Labs

By Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Product Code: PMRREP17047

1. Executive Summary

1.1. Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy
2.2. Market Definition

3. Intra-Aortic Balloon Market Opportunity Analysis

3.1. Macro-Economic Factors
3.2. Opportunity Analysis
3.3. Epidemiology data analysis on Heart Disorders
3.4. Installed Base Scenario (2024)
3.5. Pricing Analysis
3.6. Key Regulations
3.7. Porter's 5 Forces Analysis

4. North America Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031

4.1. Introduction
4.2. Regional Market Dynamics
- 4.2.1. Drivers
- 4.2.2. Restraints
- 4.2.3. Trends
4.3. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2019-2023
- 4.3.1. U.S.
- 4.3.2. Canada
4.4. Market Size (US$ Mn) and Volume Forecast By Country, 2024-2031
- 4.4.1. U.S.
- 4.4.2. Canada
4.5. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 4.5.1. Intra-aortic Balloon Pump (IABP) Console
- 4.5.2. Intra-aortic Balloon Catheters
- 4.5.3. Introducer Tray
4.6. Market Size (US$ Mn) and Volume Forecast By Product Type, 2024-2031
- 4.6.1. Intra-aortic Balloon Pump (IABP) Console
- 4.6.2. Intra-aortic Balloon Catheters
- 4.6.3. Introducer Tray
4.7. Historical Market Size (US$ Mn) Analysis By Indications, 2019-2023
- 4.7.1. Chronic Heart Failure
- 4.7.2. Coronary Artery Disease
  - 4.7.2.1. Unstable Angina
  - 4.7.2.2. Myocardial Infraction (NSTEMI)
4.8. Market Size (US$ Mn) Forecast By Indications, 2024-2031
- 4.8.1. Chronic Heart Failure
- 4.8.2. Coronary Artery Disease
  - 4.8.2.1. Unstable Angina
  - 4.8.2.2. Myocardial Infraction (NSTEMI)
4.9. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
- 4.9.1. Hospital
- 4.9.2. Ambulatory Surgical Centers
- 4.9.3. Independent Catheterization Labs
4.10. Market Size (US$ Mn) Forecast By End User, 2024-2031
- 4.10.1. Hospital
- 4.10.2. Ambulatory Surgical Centers
- 4.10.3. Independent Catheterization Labs
4.11. Drivers and Restraints: Impact Analysis
4.12. Market Attractiveness Analysis
- 4.12.1. By Country
- 4.12.2. By Product Type
- 4.12.3. By Indications
- 4.12.4. By End User
4.13. Key Representative Market Participants
4.14. Market Presence (Intensity Map)

5. Latin America Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031

5.1. Introduction
5.2. Regional Market Dynamics
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Trends
5.3. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2019-2023
- 5.3.1. Brazil
- 5.3.2. Mexico
- 5.3.3. Rest of Latin America
5.4. Market Size (US$ Mn) and Volume Forecast By Country, 2024-2031
- 5.4.1. Brazil
- 5.4.2. Mexico
- 5.4.3. Rest of Latin America
5.5. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 5.5.1. Intra-aortic Balloon Pump (IABP) Console
- 5.5.2. Intra-aortic Balloon Catheters
- 5.5.3. Introducer Tray
5.6. Market Size (US$ Mn) and Volume Forecast By Product Type, 2024-2031
- 5.6.1. Intra-aortic Balloon Pump (IABP) Console
- 5.6.2. Intra-aortic Balloon Catheters
- 5.6.3. Introducer Tray
5.7. Historical Market Size (US$ Mn) Analysis By Indications, 2019-2023
- 5.7.1. Chronic Heart Failure
- 5.7.2. Coronary Artery Disease
  - 5.7.2.1. Unstable Angina
  - 5.7.2.2. Myocardial Infraction (NSTEMI)
5.8. Market Size (US$ Mn) Forecast By Indications, 2024-2031
- 5.8.1. Chronic Heart Failure
- 5.8.2. Coronary Artery Disease
  - 5.8.2.1. Unstable Angina
  - 5.8.2.2. Myocardial Infraction (NSTEMI)
5.9. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
- 5.9.1. Hospital
- 5.9.2. Ambulatory Surgical Centers
- 5.9.3. Independent Catheterization Labs
5.10. Market Size (US$ Mn) Forecast By End User, 2024-2031
- 5.10.1. Hospital
- 5.10.2. Ambulatory Surgical Centers
- 5.10.3. Independent Catheterization Labs
5.11. Drivers and Restraints: Impact Analysis
5.12. Market Attractiveness Analysis
- 5.12.1. By Country
- 5.12.2. By Product Type
- 5.12.3. By Indications
- 5.12.4. By End User
5.13. Key Representative Market Participants
5.14. Market Presence (Intensity Map)

6. Europe Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031

6.1. Introduction
6.2. Regional Market Dynamics
- 6.2.1. Drivers
- 6.2.2. Restraints
- 6.2.3. Trends
6.3. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2019-2023
- 6.3.1. Germany
- 6.3.2. U.K.
- 6.3.3. France
- 6.3.4. Italy
- 6.3.5. Spain
- 6.3.6. Poland
- 6.3.7. Russia
- 6.3.8. Rest of Europe
6.4. Market Size (US$ Mn) and Volume Forecast By Country, 2024-2031
- 6.4.1. Germany
- 6.4.2. U.K.
- 6.4.3. France
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Poland
- 6.4.7. Russia
- 6.4.8. Rest of Europe
6.5. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 6.5.1. Intra-aortic Balloon Pump (IABP) Console
- 6.5.2. Intra-aortic Balloon Catheters
- 6.5.3. Introducer Tray
6.6. Market Size (US$ Mn) and Volume Forecast By Product Type, 2024-2031
- 6.6.1. Intra-aortic Balloon Pump (IABP) Console
- 6.6.2. Intra-aortic Balloon Catheters
- 6.6.3. Introducer Tray
6.7. Historical Market Size (US$ Mn) Analysis By Indications, 2019-2023
- 6.7.1. Chronic Heart Failure
- 6.7.2. Coronary Artery Disease
  - 6.7.2.1. Unstable Angina
  - 6.7.2.2. Myocardial Infraction (NSTEMI)
6.8. Market Size (US$ Mn) Forecast By Indications, 2024-2031
- 6.8.1. Chronic Heart Failure
- 6.8.2. Coronary Artery Disease
  - 6.8.2.1. Unstable Angina
  - 6.8.2.2. Myocardial Infraction (NSTEMI)
6.9. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
- 6.9.1. Hospital
- 6.9.2. Ambulatory Surgical Centers
- 6.9.3. Independent Catheterization Labs
6.10. Market Size (US$ Mn) Forecast By End User, 2024-2031
- 6.10.1. Hospital
- 6.10.2. Ambulatory Surgical Centers
- 6.10.3. Independent Catheterization Labs
6.11. Drivers and Restraints: Impact Analysis
6.12. Market Attractiveness Analysis
- 6.12.1. By Country
- 6.12.2. By Product Type
- 6.12.3. By Indications
- 6.12.4. By End User
6.13. Key Representative Market Participants
6.14. Market Presence (Intensity Map)

7. Asia Pacific Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031

7.1. Introduction
7.2. Regional Market Dynamics
- 7.2.1. Drivers
- 7.2.2. Restraints
- 7.2.3. Trends
7.3. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2019-2023
- 7.3.1. China
- 7.3.2. India
- 7.3.3. Japan
- 7.3.4. Australia and New Zealand
- 7.3.5. Rest of APAC
7.4. Market Size (US$ Mn) and Volume Forecast By Country, 2024-2031
- 7.4.1. China
- 7.4.2. India
- 7.4.3. Japan
- 7.4.4. Australia and New Zealand
- 7.4.5. Rest of APAC
7.5. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 7.5.1. Intra-aortic Balloon Pump (IABP) Console
- 7.5.2. Intra-aortic Balloon Catheters
- 7.5.3. Introducer Tray
7.6. Market Size (US$ Mn) and Volume Forecast By Product Type, 2024-2031
- 7.6.1. Intra-aortic Balloon Pump (IABP) Console
- 7.6.2. Intra-aortic Balloon Catheters
- 7.6.3. Introducer Tray
7.7. Historical Market Size (US$ Mn) Analysis By Indications, 2019-2023
- 7.7.1. Chronic Heart Failure
- 7.7.2. Coronary Artery Disease
  - 7.7.2.1. Unstable Angina
  - 7.7.2.2. Myocardial Infraction (NSTEMI)
7.8. Market Size (US$ Mn) Forecast By Indications, 2024-2031
- 7.8.1. Chronic Heart Failure
- 7.8.2. Coronary Artery Disease
  - 7.8.2.1. Unstable Angina
  - 7.8.2.2. Myocardial Infraction (NSTEMI)
7.9. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
- 7.9.1. Hospital
- 7.9.2. Ambulatory Surgical Centers
- 7.9.3. Independent Catheterization Labs
7.10. Market Size (US$ Mn) Forecast By End User, 2024-2031
- 7.10.1. Hospital
- 7.10.2. Ambulatory Surgical Centers
- 7.10.3. Independent Catheterization Labs
7.11. Drivers and Restraints: Impact Analysis
7.12. Market Attractiveness Analysis
- 7.12.1. By Country
- 7.12.2. By Product Type
- 7.12.3. By Indications
- 7.12.4. By End User
7.13. Key Representative Market Participants
7.14. Market Presence (Intensity Map)

8. Middle East & Africa Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031

8.1. Introduction
8.2. Regional Market Dynamics
- 8.2.1. Drivers
- 8.2.2. Restraints
- 8.2.3. Trends
8.3. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2019-2023
- 8.3.1. GCC Countries
- 8.3.2. Turkey
- 8.3.3. Northern Africa
- 8.3.4. South Africa
- 8.3.5. Rest of MEA
8.4. Market Size (US$ Mn) and Volume Forecast By Country, 2024-2031
- 8.4.1. GCC Countries
- 8.4.2. South Africa
- 8.4.3. Rest of MEA
8.5. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 8.5.1. Intra-aortic Balloon Pump (IABP) Console
- 8.5.2. Intra-aortic Balloon Catheters
- 8.5.3. Introducer Tray
8.6. Market Size (US$ Mn) and Volume Forecast By Product Type, 2024-2031
- 8.6.1. Intra-aortic Balloon Pump (IABP) Console
- 8.6.2. Intra-aortic Balloon Catheters
- 8.6.3. Introducer Tray
8.7. Historical Market Size (US$ Mn) Analysis By Indications, 2019-2023
- 8.7.1. Chronic Heart Failure
- 8.7.2. Coronary Artery Disease
  - 8.7.2.1. Unstable Angina
  - 8.7.2.2. Myocardial Infraction (NSTEMI)
8.8. Market Size (US$ Mn) Forecast By Indications, 2024-2031
- 8.8.1. Chronic Heart Failure
- 8.8.2. Coronary Artery Disease
  - 8.8.2.1. Unstable Angina
  - 8.8.2.2. Myocardial Infraction (NSTEMI)
8.9. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
- 8.9.1. Hospital
- 8.9.2. Ambulatory Surgical Centers
- 8.9.3. Independent Catheterization Labs
8.10. Market Size (US$ Mn) Forecast By End User, 2024-2031
- 8.10.1. Hospital
- 8.10.2. Ambulatory Surgical Centers
- 8.10.3. Independent Catheterization Labs
8.11. Drivers and Restraints: Impact Analysis
8.12. Market Attractiveness Analysis
- 8.12.1. By Country
- 8.12.2. By Product Type
- 8.12.3. By Indications
- 8.12.4. By End User
8.13. Key Representative Market Participants
8.14. Market Presence (Intensity Map)

9. Forecast Factors: Relevance and Impact

10. Forecast Assumptions

11. Competition Landscape

11.1. Market Structure
11.2. Market Share Analysis (2024)
11.3. Vendor Benchmarking by Market Taxonomy
11.4. Competition Dashboard
11.5. Company Profiles (Details - Overview, Financials, Strategy, SWOT, Recent Developments)
- 11.5.1. Teleflex Corporation
- 11.5.2. MAQUET Holding B.V. & Co. KG. (Getinge Group)
- 11.5.3. Zeon Corporation
- 11.5.4. Tokai Medical Products Inc.
- 11.5.5. SENKO MEDICAL INSTRUMENT Mfg. CO., LTD.
- 11.5.6. InterValve Inc.
- 11.5.7. Insightra Medical, Inc.

12. Global Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031, By Region

12.1. Introduction/Key Findings
12.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2019-2023
- 12.2.1. North America
- 12.2.2. Latin America
- 12.2.3. Europe
- 12.2.4. Asia Pacific
- 12.2.5. Middle East & Africa
12.3. Market Size (US$ Mn) and Volume Forecast By Region, 2024-2031
- 12.3.1. North America
- 12.3.2. Latin America
- 12.3.3. Europe
- 12.3.4. Asia Pacific
- 12.3.5. Middle East & Africa
12.4. Market Attractiveness Analysis By Region

13. Global Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031, By Product Type

13.1. Introduction/Key Findings
13.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2019-2023
- 13.2.1. Intra-aortic Balloon Pump (IABP) Console
- 13.2.2. Intra-aortic Balloon Catheters
- 13.2.3. Introducer Tray
13.3. Market Size (US$ Mn) and Volume Forecast By Product Type, 2024-2031
- 13.3.1. Intra-aortic Balloon Pump (IABP) Console
- 13.3.2. Intra-aortic Balloon Catheters
- 13.3.3. Introducer Tray
13.4. Market Attractiveness Analysis By Product Type

14. Global Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031, By Indications

14.1. Introduction/Key Findings
14.2. Historical Market Size (US$ Mn) Analysis By Indications, 2019-2023
- 14.2.1. Chronic Heart Failure
- 14.2.2. Coronary Artery Disease
  - 14.2.2.1. Unstable Angina
  - 14.2.2.2. Myocardial Infraction (NSTEMI)
14.3. Market Size (US$ Mn) Forecast By Indications, 2024-2031
- 14.3.1. Chronic Heart Failure
- 14.3.2. Coronary Artery Disease
  - 14.3.2.1. Unstable Angina
  - 14.3.2.2. Myocardial Infraction (NSTEMI)
14.4. Market Attractiveness Analysis By Indications

15. Global Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031, By End User

15.1. Introduction/Key Findings
15.2. Historical Market Size (US$ Mn) Analysis By End User, 2019-2023
- 15.2.1. Hospital
- 15.2.2. Ambulatory Surgical Centers
- 15.2.3. Independent Catheterization Labs
15.3. Market Size (US$ Mn) Forecast By End User, 2024-2031
- 15.3.1. Hospital
- 15.3.2. Ambulatory Surgical Centers
- 15.3.3. Independent Catheterization Labs
15.4. Market Attractiveness Analysis By End User

16. Global Intra-Aortic Balloon Market Analysis 2019-2023 and Forecast 2024-2031

16.1. Market Volume Analysis
16.2. Market Size and Y-o-Y Growth
16.3. Absolute $ Opportunity