market Research / Analysis Global Microcatheters Market | Top Companies

Market Industry Reports (MIR) has published a new report titled “Microcatheters Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global
microcatheters market was estimated to be over US$ 680 Mn in 2018. It is anticipated to grow at a substantial
CAGR from 2019 to 2030.
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Microcatheters Market: Overview
The continual growth of the microcatheters market can be attributed to several factors such as increasing
incidence of target neurological conditions, increasing incidence of conditions affecting the peripheral vascular
system. Moreover, increasing clinical research for minimally invasive cancer treatment and growing preference
for safe and effective minimally invasive procedures across the globe is anticipated to further contribute to the
substantial growth of the global market between 2019 and 2030. To obtain better insights regarding the market
scenario prominent players are increasingly focusing on collaborative initiatives with several institutes and
research centers. The US department of veterans has entered into an agreement with Embolyx, a medical
device company, to make availability of the new Sniper-tip in the United States and Europe. This new sniper tip
has the ability to customize treatment with an array of different balloon microcatheter lengths and tip options.
Microcatheters Market: Key Trends
The prominent players in the Microcatheters market are Boston Scientific Corporation, BD, Cardinal Health,
Inc., Medtronic PLC, B. Braun Melsungen AG, Stryker Corporation, Inc., Teleflex Incorporated, Terumo
Corporation, DePuy Synthes (Johnson & Johnson Services, Inc.) and AngioDynamics among others.
Microcatheters Market: Market Potential
Over the years, the growth in targeted patient population suffering from neurovascular disorders,
cardiovascular diseases and cancer has played a vital role in contributing to the growth of the global
microcatheters industry. Moreover, increasing number of microcatheter-assisted clinical research studies in
several countries, namely India, China and other developing countries have emerged as essential contributors
to global microcatheters market. Procedural benefits offered by microcatheters during critical cardiac surgeries,
with availability of advanced technology has been a major driver for the global market, which is further
anticipated to grow in the coming years.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the
report, Microcatheters Market is anticipated to grow at a substantial CAGR from 2019 to 2030. in detail
along with the table of contents:https://www.marketindustryreports.com/101/microcatheters-market
Since the advent of safe and effective minimally-invasive procedures, the adoption of such procedures has
witnessed substantial growth in recent times. Lower procedure associated pain and fewer post-operative
complications have been pivotal in contributing to the growing adoption of minimally-invasive procedures.
Increasing incidence of target neurological patients, expanding rate of conditions influencing the peripheral
vascular system is anticipated to further propel the growth of the microcatheters market.
Various risks associated with microcatheter procedures have been affecting the growth of the industry
inversely. Several risks, such as high cost associated with urological application, premium product pricing,
trade barriers and unfavorable taxation policies can restraint the market growth.
Microcatheters Market: Regional Outlook
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing population,
continuously growing economy, rising medical tourism and increasing preference for minimally invasive
procedures and adoption of latest technologies is anticipated to present a lucrative growth scenario for the