This disclosure is directed to a rewrapping tool (20) for returning a balloon of a dilatation catheter to a wrapped profile following inflation. The tool includes a body (22) extending along a longitudinal axis L-L defining a first lumen (24) and a channel (28) communicating along the length of the first lumen. The channel is to be slid over a catheter shaft of the dilatation catheter at a position proximal to the balloon so that the catheter shaft is coaxial with the first lumen and the catheter shaft may be pulled in a proximal direction so that the balloon is drawn through the first lumen to return the balloon to a wrapped profile.
