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Microcatheters Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Global Microcatheters Market is estimated to value over USD 900 million by 2026 end and register a CAGR of over 5% during the forecast period2019 to 2026. Microcatheters is a small diameter, thin-walled, delivery and catheter devices that are primar
Microcatheters Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2026
Global Microcatheters Market is estimated to value over USD 900 million by
2026 end and register a CAGR of over 5% during the forecast period2019 to 2026.
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 microcatheters 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 drive the global microcatheters market.
However, stringent regulatory requirements and product recall are major factors
restraining the global microcatheters market.
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Global Microcatheters Market Segmentation:
By Product Type
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Delivery Microcatheters
Aspiration Microcatheters
Diagnostics Microcatheters
Steerable Microcatheters
By Product Design
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Single-Lumen Microcatheters
Dual-Lumen Microcatheters
By Application
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Cardiovascular Applications
Neurovascular Applications
Peripheral Vascular Applications
Oncological Applications
Urological Applications
Otolaryngological Applications
Other Applications
By End User
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Hospitals, Surgical Centres & Speciality Clinics
Ambulatory Care Centres
By Region
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North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Competitive Landscape:
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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:
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To provide with an exhaustive analysis on the global microcatheters 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)
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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
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency Used for the Study
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources Referred
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Estimation Methodology
2.2.1 Revenue Mapping-Based Market Estimation
2.2.2 Usage-Based Market Estimation
2.2.3 Primary Research Validation
2.3 Data Triangulation Methodology
2.4 Research Assumptions
2.5 Research Limitations
3 Executive Summary
4 Premium Insights
4.1 Microcatheters: Market Overview
4.2 Microcatheters Market Share, By Product Type, 2019 vs 2024
4.3 Microcatheters Market Share, By Design, 2019 vs 2024
4.4 Microcatheters End Users Market, By Region, 2019 (USD Million)
4.5 Geographical Snapshot of the Microcatheters Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in the Target Patient Population
5.2.1.2 Rising Adoption of Minimally Invasive Surgical Procedures
5.2.1.3 Increasing Number of Microcatheter-Assisted Clinical Research
Studies
5.2.2 Restraints
5.2.2.1 Premium Product Pricing
5.2.2.2 Taxation Policies and Trade Barriers
5.2.3 Opportunities
5.2.3.1 Emerging Countries
5.2.4 Challenges
5.2.4.1 Complexities Related to Product Development and Manufacturing
6 Microcatheters Market, By Product Type
6.1 Introduction
6.2 Delivery Microcatheters
6.2.1 Delivery Microcatheters: Market Split, By Product Design
6.2.2 Delivery Microcatheters: Market Split, By Application
6.2.3 Delivery Microcatheters: Market Split, By End User
6.3 Aspiration Microcatheters
6.3.1 Aspiration Microcatheters: Market Split, By Product Design
6.3.2 Aspiration Microcatheters: Market Split, By Application
6.3.3 Aspiration Microcatheters: Market Split, By End User
6.4 Diagnostics Microcatheters
6.4.1 Diagnostic Microcatheters: Market Split, By Product Design
6.4.2 Diagnostic Microcatheters: Market Split, By Application
6.4.3 Diagnostic Microcatheters: Market Split, By End User
6.5 Steerable Microcatheters
6.5.1 Steerable Microcatheters: Market Split, By Product Design
6.5.2 Steerable Microcatheters: Market Split, By Application
6.5.3 Steerable Microcatheters: Market Split, By End User
7 Microcatheters Market, By Product Design
7.1 Introduction
7.2 Single-Lumen Microcatheters
7.2.1 Single-Lumen Microcatheters to Dominate the Global Market Till 2024
7.3 Dual-Lumen Microcatheters
7.3.1 Procedural Advantages Offered By Dual-Lumen Microcatheters to Drive
Their
Adoption
8 Microcatheters Market, By Application
8.1 Introduction
8.2 Cardiovascular Applications
8.2.1 Procedural Benefits Offered By Microcatheters During Critical Cardiac
Surgeries are A Major Factor Driving Market Growth
8.3 Neurovascular Applications
8.3.1 Increasing Incidence of Target Neurological Conditions to Drive Market
Growth
8.4 Peripheral Vascular Applications
8.4.1 Increasing Incidence of Conditions Affecting the Peripheral Vascular System
is A Major Factor Driving Market Growth
8.5 Oncological Applications
8.5.1 Increasing Clinical Research for Minimally Invasive Cancer Treatment to
Drive Market Growth During the Forecast Period
8.6 Urological Applications
8.6.1 High Cost Associated With Kidney Transplant Procedures to Restrain
Market Growth
8.7 Otolaryngological Applications
8.7.1 Growing Preference for Safe and Effective Minimally Invasive Procedures
to Offer Market Growth Opportunities
8.8 Other Applications
9 Microcatheters Market, By End User
9.1 Introduction
9.2 Hospitals, Surgical Centers, & Specialty Clinics
9.2.1 Large Number of Surgical and Diagnostic Procedures Performed Across
Hospitals, Surgical Centers, & Specialty Clinics to Drive Market Growth
9.3 Ambulatory Care Centers
9.3.1 Limited Surgical Capabilities of Available Products to Restrain Their
Adoption Among Accs
10 Microcatheters Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Due to High Burden of Target Diseases and Large Number of
Surgical Procedures the Demand for Microcatheters in the US is Increasing
10.2.2 Canada
10.2.2.1 Rising Public-Private Investments to Propel Market Growth
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany Accounted for the Largest Share of the European
Microcatheters Market in 2019
10.3.2 France
10.3.2.1 France to Witness the Highest Growth in the European
Microcatheters Market During the Forecast Period
10.3.3 UK
10.3.3.1 High Burden of Chronic Diseases to Drive the Adoption of
Microcatheters
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.1.1 Large Population of Geriatric Individuals is One of the Major
Factors Driving the Market for Microcatheters
10.4.2 China
10.4.2.1 China to Grow at the Highest CAGR During the Forecast Period
10.4.3 India
10.4.3.1 Growing Availability of Advanced Surgical Treatments to Drive
the Adoption of Microcatheters
10.4.4 Rest of Asia Pacific
10.5 Latin America
10.5.1 Favorable Ecosystem for Medical Equipment & Supplies and High Burden
of Obesity in Latin American Countries are Driving Market Growth
10.6 Middle East and Africa
10.6.1 Low Disposable Income and Need for Infrastructural Development
Hinder Market Growth
11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis (2019)
11.3 Competitive Scenario
11.3.1 Key Product Launches and Approvals (2015–2019)
11.3.2 Key Agreements and Partnerships (2015–2019)
11.3.3 Key Acquisitions (2015–2019)
11.3.4 Key Expansions (2015–2019)
11.4 Competitive Leadership Mapping (2019)
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging Companies
12 Company Profiles
(Business Overview, Products Offered, Recent Developments, FutureWise View)*
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)
12.12 Angiodynamics
12.13 Cook Group
12.14 Penumbra, Inc.
12.15 BTG PLC
*Business Overview, Products Offered, Recent Developments, FutureWise View
Might Not Be Captured in Case of Unlisted Companies.
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