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Microcatheters Market Share

  • Report ID: GMI3572
  • Published Date: Sep 2023
  • Report Format: PDF

Microcatheters Market Share

Terumo Corporation plays a significant role in the microcatheters market due to the product portfolio it offers, its global presence and the R&D proficiency. The company is known for its strong commitment to innovation and providing vital tools in the interventional medicine domain. It also boasts of a clinical expertise through strong partnerships with healthcare professionals and institutions. Terumo Corporation's pivotal leadership in the industry has contributed towards improving healthcare services and products for patients worldwide. It supplies high-quality microcatheters, which enables patients to opt for less-invasive and more effective treatment options.

 

Prominent industry players involved in the microcatheters market include:

  • Cardiovascular Systems
  • Inc (Abbott Laboratories, Inc.)
  • Medtronic plc
  • Stryker Corporation
  • Boston Scientific Corporation
  • Terumo Corporation
  • Teleflex Corporation
  • Merit Medical System, Inc.

These major industry players implement several strategies to retain a competitive edge in the industry. They focus on strategic collaborations, acquisitions, partnerships, mergers, product launches, etc. to maintain their position in the market and secure the highest market share and outperform the competition.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Microcatheters industry size was USD 918 million in 2022 and may exceed USD 1,566 million by the end of 2032 due to the surging cardiovascular diseases, higher advancements in medical imaging, and rising preference for minimally invasive procedures.

Demand for steerable microcatheters is anticipated to witness 5.5% CAGR over up to 2032 driven by rising utilization in cardiovascular angiography to enhance success rates and reduce procedural time.

Microcatheters industry size from the cardiovascular segment reached USD 373 million in 2022 attributable to the surging incidence rate of cardiovascular disorders (CVDs).

North America microcatheters industry size was USD 311 million in 2022 owing to the rising prevalence of neurovascular and cardiovascular diseases.

Microcatheters Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 188
  • Countries covered: 17
  • Pages: 160
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