Overview

Microcatheters Market is estimated to value at a CAGR of over 5.2% during the forecast period 2022 to 2028.

Microcatheters is a small diameter, thin-walled, delivery and catheter devices that are primarily used in minimally invasive procedures. These catheters are exemplary for navigating the vast network of small veins present within the body. The primary reasons for the market to proliferate are technological advancements in minimally invasive procedures and an increase in the number of target patient pool.

Soaring governmental initiatives for increasing strategic collaborations along with acquisitions and mergers, promoting better facilities, increasing microcatheter-based applications and strong product pipeline expand the global market size. However, stringent regulatory requirements and product recall are major factors restraining the global market.

Microcatheters Market Segmentation:

By Product Type

Delivery Microcatheters
Aspiration Microcatheters
Diagnostics Microcatheters
Steerable Microcatheters

By Product Design

Single-Lumen Microcatheters
Dual-Lumen Microcatheters

By Application

Cardiovascular Applications
Neurovascular Applications
Peripheral Vascular Applications
Oncological Applications
Urological Applications
Otolaryngological Applications
Other Applications

By End User

Hospitals, Surgical Centres & Speciality Clinics
Ambulatory Care Centres

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

Key market players include:

Cardinal Health, Inc., Medtronic PLC, Becton, Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Medical Corporation, Teleflex Incorporated, Asahi Intec Co., Ltd., Merit Medical Systems, Inc., Johnson & Johnson (DePuy Synthes), Angiodynamics, Cook Group, Penumbra, Inc., BTG PLC.

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global market by product type, by product design, by application, by end user and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe, Latin America and Middle East & Africa

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