Microcatheters Market - Global Forecast to 2024
The Microcatheters Market, in terms of value, is projected to grow at a CAGR of XX% from 2019 to 2024. The market is estimated to be USD XX Billion in 2018, and is projected to reach XX Billion by 2024. In this study, 2018 has been considered the base year, and 2019 to 2024 the forecast period, for estimating the market size of the global market.
Date : 2019-10-22
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OBJECTIVES OF THE STUDY
- To define, describe, and forecast the Microcatheters Market in different segmentations
- To forecast the market size in terms of value for various segments with respect to four main regions: North America, Europe, APAC, and RoW
- To provide detailed information regarding the major factors influencing the growth of the Microcatheters Market (drivers, restraints, opportunities, and industry-specific challenges)
- To provide a detailed overview of the value chain in the Microcatheters Market and analyze the market trends with Porter’s five forces analysis
- To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the Microcatheters Market
- To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
- To analyze competitive developments such as new product launches and developments; agreements and contracts; mergers and acquisitions; and expansions in the global Microcatheters Market
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Microcatheters: Market Overview
4.2 Microcatheters Market Share, By Product Type,
4.3 Microcatheters Market Share, By Design,
4.4 Microcatheters End Users Market, By Region,
4.5 Geographical Snapshot of the Microcatheters Market
5 Market Overview
5.2 Market Dynamics
6 Microcatheters Market, By Product Type
6.2 Delivery Microcatheters
6.3 Aspiration Microcatheters
6.4 Diagnostics Microcatheters
6.5 Steerable Microcatheters
7 Microcatheters Market, By Product Design
7.2 Single-Lumen Microcatheters
7.3 Dual-Lumen Microcatheters
8 Microcatheters Market, By Application
8.2 Cardiovascular Applications
8.3 Neurovascular Applications
8.4 Peripheral Vascular Applications
8.5 Oncological Applications
8.6 Urological Applications
8.7 Otolaryngological Applications
8.8 Other Applications
9 Microcatheters Market, By End User
9.2 Hospitals, Surgical Centers, & Specialty Clinics
9.3 Ambulatory Care Centers
10 Microcatheters Market, By Region
10.2 North America
10.4 Asia Pacific
10.5 Latin America
10.6 Middle East and Africa
11 Competitive Landscape
12 Company Profiles
12.1 Cardinal Health, Inc.
12.2 Medtronic PLC
12.3 Becton, Dickinson and Company
12.4 Stryker Corporation
12.5 Boston Scientific Corporation
12.6 B. Braun Melsungen AG
12.7 Terumo Medical Corporation
12.8 Teleflex Incorporated
12.9 Asahi Intecc Co., Ltd.
12.10 Merit Medical Systems, Inc.
12.11 Johnson & Johnson (Depuy Synthes)
12.13 Cook Group
12.14 Penumbra, Inc.
12.15 BTG PLC
*Business Overview, Products Offered, Recent Developments Might Not Be Captured in Case of Unlisted Companies.
The steerable microcatheter segment to grow at fastest rate during the forecast period
Based on product type, the microcatheters market is segmented into delivery microcatheters, aspiration microcatheters, diagnostic microcatheters, and steerable microcatheters. The steerable microcatheters segment is expected to grow at fastest CAGR during forecast period owing to the growing number of image-guided and minimally invasive medical procedures across major countries, shift from manually operated devices towards robotically operated surgical platforms, rising prevalence of vascular diseases, and the procedural advantages associated with steerable microcatheters.
Neurovascular application segment to register the highest CAGR in the microcatheters market, by application during the forecast period
On the basis of applications, the microcatheters market is segmented into cardiovascular, neurovascular, peripheral vascular, oncological, urological, otolaryngological, and other applications. The neurovascular applications segment is to be the fastest-growing segment during the forecast period. The growth of this segment can be attributed to factors such as the increasing incidence of target neurological conditions, ongoing technological advancements in the field of endovascular microcatheters, and market availability of specialized products.
North America accounted for the largest share of the microcatheters market in 2018
The microcatheters market is segmented into five regional segments, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of the microcatheters market owing to factors such as the high number of target procedures performed in the region coupled with presence of large patient pool, presence of a well-established healthcare system, and on-going investments by healthcare institutions.
The major players operating in the microcatheters market are Boston Scientific Corporation (US), Medtronic Plc (Ireland), Terumo Corporation (Japan), ASAHI INTECC CO., LTD. (Japan), and MERIT MEDICAL SYSTEMS, INC. (US). The other prominent players operating in the overall microcatheters market include, Teleflex Incorporated (US), Johnson and Johnson (US), Stryker Corporation (US), Cook Group Incorporated (US), Cardinal Health, Inc. (US), Becton, Dickinson and Company (US), B. Braun Melsungen AG (Germany), AngioDynamics, Inc. (US), Penumbra, Inc (US), and BTG PLC (UK), among others.