Microcatheters Market Research Reportβ€”Global Forecast till 2027

Microcatheters Market: Information by Design (Single and Double Lumen), Product (Aspiration, Delivery, Diagnostic, Steerable), Application (Cardiovascular, Neurovascular, Peripheral Vascular, Oncology, Urology), End User (Hospitals, Ambulatory Surgical Centers, Specialized Clinics), and Region (North America, Europe, Asia-Pacific, and Rest of the World)β€”Forecast till 2027

ID: MRFR/HC/9129-HCR | June 2021 | Region: Global | 120 Pages         

TABLE OF CONTENTS

1. REPORT PROLOGUE

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

3. RESEARCH METHODOLOGY

3.1. Overview

3.2. Data Mining

3.3. Secondary Research

3.4. Primary Research

3.4.1. Primary Interviews and Information Gathering Process

3.4.2. Breakdown of Primary Respondents

3.5. Forecasting Product

3.6. Market Size Estimation

3.6.1. Bottom-Up Approach

3.6.2. Top-Down Approach

3.7. Data Triangulation

3.8. Validation

4. MARKET DYNAMICS

4.1. Overview

4.2. Drivers

4.3. Restraints

4.4. Opportunities

5. MARKET FACTOR ANALYSIS

5.1. Porter’s Five Forces Analysis

5.1.1. Bargaining Power of Suppliers

5.1.2. Bargaining Power of Buyers

5.1.3. Threat of New Entrants

5.1.4. Threat of Substitutes

5.1.5. Intensity of Rivalry

5.2. Value Chain Analysis

5.3. COVID-19 Impact Analysis

5.3.1. Market Impact Analysis

5.3.2. Impact on Supply Chain

5.3.3. Regional Impact

5.3.4. Opportunity and Threat Analysis

6. GLOBAL MICROCATHETERSMARKET, BY DESIGN

6.1. Overview

6.2. Single Lumen

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

6.3. Double Lumen

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

7. GLOBAL MICROCATHETERSMARKET, BY PRODUCT

7.1. Overview

7.2. Aspiration Microcatheter

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

7.3. Delivery Microcatheter

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

7.4. Diagnostic Microcatheter

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

7.5. Steerable Microcatheter

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

8. GLOBAL MICROCATHETERS MARKET, BY APPLICATION

8.1. Overview

8.2. Cardiovascular

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

8.3. Neurovascular

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

8.4. Peripheral Vascular

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

8.5. Oncology

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

8.6. Urology

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

9. GLOBAL MICROCATHETERSMARKET, BY END USER

9.1. Overview

9.2. Hospitals

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

9.3. Ambulatory Surgical Centers

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

9.4. Specialized Clinics

Market Estimates & Forecast, by Region, 2018–2027

Market Estimates & Forecast, by Country, 2018–2027

10. GLOBAL MICROCATHETERSMARKET, BY REGION

10.1. Overview

10.2. North America

10.2.1. US

10.2.2. Canada

10.3. Europe

10.3.1. Germany

10.3.2. France

10.3.3. Italy

10.3.4. Spain

10.3.5. UK

10.3.6. Rest of Europe

10.4. Asia-Pacific

10.4.1. Japan

10.4.2. China

10.4.3. India

10.4.4. Australia

10.4.5. South Korea

10.4.6. Rest of Asia-Pacific

10.5. Rest of the World

10.5.1. Middle East

10.5.2. Africa

10.5.3. Latin America

11. COMPANY LANDSCAPE

11.1. Overview

11.2. Competitive Analysis

11.3. Market Share Analysis

11.4. Major Growth Strategy in the Global MicrocathetersMarket

11.5. Competitive Benchmarking

11.6. Leading Players in Terms of Number of Developments in the Global MicrocathetersMarket

11.7. Key Developments and Growth Strategies

11.7.1. New ProductLaunch/Service Deployment

11.7.2. Merger &Acquisitions

11.7.3. Joint Ventures

11.8. Major Players Financial Matrix

11.8.1. Sales & Operating Income, 2020

11.8.2. Major Players R&D Expenditure, 2020

12. COMPANY PROFILES

12.1. Medtronic

12.1.1. Company Overview

12.1.2. Product Offered

12.1.3. Financial Overview

12.1.4. Key Developments

12.1.5. SWOT Analysis

12.1.6. Key Strategies

12.2. Boston Scientific

12.2.1. Company Overview

12.2.2. Products Offered

12.2.3. Financial Overview

12.2.4. Key Developments

12.2.5. SWOT Analysis

12.2.6. Key Strategies

12.3. Terumo Medical Corporation

12.3.1. Company Overview

12.3.2. Products Offered

12.3.3. Financial Overview

12.3.4. Key Developments

12.3.5. SWOT Analysis

12.3.6. Key Strategies

12.4. Teleflex Inc.

12.4.1. Company Overview

12.4.2. Products Offered

12.4.3. Financial Overview

12.4.4. Key Developments

12.4.5. SWOT Analysis

12.4.6. Key Strategies

12.5. Merit Medical Systems, Inc.

12.5.1. Company Overview

12.5.2. Products Offered

12.5.3. Financial Overview

12.5.4. Key Developments

12.5.5. SWOT Analysis

12.5.6. Key Strategies

12.6. Guerbet

12.6.1. Company Overview

12.6.2. Products Offered

12.6.3. Financial Overview

12.6.4. Key Developments

12.6.5. SWOT Analysis

12.6.6. Key Strategies

12.7. Cook Medical

12.7.1. Company Overview

12.7.2. Products Offered

12.7.3. Financial Overview

12.7.4. Key Developments

12.7.5. SWOT Analysis

12.7.6. Key Strategies

12.8. Acandis GmbH

12.8.1. Company Overview

12.8.2. Products Offered

12.8.3. Financial Overview

12.8.4. Key Developments

12.8.5. SWOT Analysis

12.8.6. Key Strategies

12.9. Acrostak

12.9.1. Company Overview

12.9.2. Products Offered

12.9.3. Financial Overview

12.9.4. Key Developments

12.9.5. SWOT Analysis

12.9.6. Key Strategies

12.10. Stryker Corporation

12.10.1. Company Overview

12.10.2. Products Offered

12.10.3. Financial Overview

12.10.4. Key Developments

12.10.5. SWOT Analysis

12.10.6. Key Strategies

12.11. Asahi Intecc

12.11.1. Company Overview

12.11.2. Products Offered

12.11.3. Financial Overview

12.11.4. Key Developments

12.11.5. SWOT Analysis

12.11.6. Key Strategies

12.12. Lepu Medical Technology Company

12.12.1. Company Overview

12.12.2. Products Offered

12.12.3. Financial Overview

12.12.4. Key Developments

12.12.5. SWOT Analysis

12.12.6. Key Strategies

12.13. Cerus Endovascular Ltd

12.13.1. Company Overview

12.13.2. Products Offered

12.13.3. Financial Overview

12.13.4. Key Developments

12.13.5. SWOT Analysis

12.13.6. Key Strategies

13. APPENDIX

13.1. References

13.2. Related Reports

 

LIST OF TABLES

TABLE 1 GLOBAL MICROCATHETERSMARKET SYNOPSIS, 2018–2027

TABLE 2 GLOBAL MICROCATHETERSMARKET ESTIMATES &FORECAST, 2018–2027 (USD MILLION)

TABLE 3 GLOBAL MICROCATHETERSMARKET, BYDESIGN, 2018–2027 (USD MILLION)

TABLE 4 GLOBAL MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 5 GLOBAL MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION

TABLE 6 GLOBAL MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 7 NORTH AMERICA: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 8 NORTH AMERICA MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 9 NORTH AMERICA MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 10 NORTH AMERICA: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 11 US: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 12 US MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 13 US MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 14 US: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 15 CANADA: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 16 CANADA MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 17 CANADA MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 18 CANADA: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 19 EUROPE: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 20 EUROPE: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 21 EUROPE: MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 22 EUROPE: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 23 GERMANY: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 24 GERMANY: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 25 GERMANY MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 26 GERMANY: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 27 UK: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 28 UK: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 29 UK MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 30 UK: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 31 FRANCE: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 32 FRANCE: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 33 FRANCE MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 34 FRANCE: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 35 ITALY: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 36 ITALY: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 37 ITALY MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 38 ITALY: MICROCATHETERS MARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 39 SPAIN: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 40 SPAIN: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 41 SPAIN MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 42 SPAIN: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 43 REST OF EUROPE: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 44 REST OF EUROPE: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 45 REST OF EUROPE MICROCATHETERS MARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 46 REST OF EUROPE: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 47 ASIA-PACIFIC: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 48 ASIA-PACIFIC: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 49 ASIA PACIFIC MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 50 ASIA-PACIFIC: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 51 INDIA: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 52 INDIA: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 53 INDIA MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 54 INDIA: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 55 CHINA: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 56 CHINA: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 57 CHINA MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 58 CHINA: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 59 JAPAN: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 60 JAPAN: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 61 JAPAN MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 62 JAPAN: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 63 SOUTH KOREA: MICROCATHETERS MARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 64 SOUTH KOREA: MICROCATHETERS MARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 65 SOUTH KOREA MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 66 SOUTH KOREA: MICROCATHETERS MARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 67 AUSTRALIA: MICROCATHETERS MARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 68 AUSTRALIA: MICROCATHETERS MARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 69 AUSTRALIA MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 70 AUSTRALIA: MICROCATHETERS MARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 71 REST OF ASIA-PACIFIC: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 72 REST OF ASIA-PACIFIC: MICROCATHETERSMARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 73 REST OF ASIA-PACIFIC MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 74 REST OF ASIA-PACIFIC: MICROCATHETERSMARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 75 REST OF THE WORLD: MICROCATHETERSMARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 76 REST OF THE WORLD: MICROCATHETERSMARKET, PRODUCT2018–2027 (USD MILLION)

TABLE 77 REST OF THE WORLD: MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 78 REST OF THE WORLD: MICROCATHETERSMARKET, END USER, 2018–2027 (USD MILLION)

TABLE 79 MIDDLE EAST: MICROCATHETERS MARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 80 MIDDLE EAST: MICROCATHETERS MARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 81 MIDDLE EAST: MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 82 MIDDLE EAST: MICROCATHETERS MARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 83 AFRICA: MICROCATHETERS MARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 84 AFRICA: MICROCATHETERS MARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 85 AFRICA: MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 86 AFRICA: MICROCATHETERS MARKET, BY END USER, 2018–2027 (USD MILLION)

TABLE 87 LATIN AMERICA: MICROCATHETERS MARKET, BY DESIGN, 2018–2027 (USD MILLION)

TABLE 88 LATIN AMERICA: MICROCATHETERS MARKET, BY PRODUCT, 2018–2027 (USD MILLION)

TABLE 89 LATIN AMERICA: MICROCATHETERS MARKET, BY APPLICATION, 2018–2027 (USD MILLION)

TABLE 90 LATIN AMERICA: MICROCATHETERS MARKET, BY END USER, 2018–2027 (USD MILLION)

LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL MICROCATHETERSMARKET

FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL MICROCATHETERSMARKET

FIGURE 4 GLOBAL MICROCATHETERSMARKET SHARE, BY DESIGN, 2020 (%)

FIGURE 5 GLOBAL MICROCATHETERSMARKET SHARE, BY PRODUCT, 2020 (%)

FIGURE 6 GLOBAL MICROCATHETERS MARKET SHARE, BY APPLICATION, 2020 (%)

FIGURE 7 GLOBAL MICROCATHETERSMARKET SHARE, BY END USER, 2020 (%)

FIGURE 8 GLOBAL MICROCATHETERSMARKET SHARE, BY REGION, 2020 (%)

FIGURE 9 NORTH AMERICA: MICROCATHETERSMARKET SHARE, BY REGION, 2020 (%)

FIGURE 10 EUROPE: MICROCATHETERSMARKET SHARE, BY REGION, 2020 (%)

FIGURE 11 ASIA-PACIFIC: MICROCATHETERSMARKET SHARE, BY REGION, 2020 (%)

FIGURE 12 REST OF THE WORLD: MICROCATHETERSMARKET SHARE, BY REGION, 2020 (%)

FIGURE 13 GLOBAL MICROCATHETERSMARKET: COMPANY SHARE ANALYSIS, 2020 (%)

FIGURE 14 MEDTRONIC.: KEY FINANCIALS

FIGURE 15 MEDTRONIC: SEGMENTAL REVENUE

FIGURE 16 MEDTRONIC: REGIONAL REVENUE

FIGURE 17 BOSTON SCIENTIFIC: KEY FINANCIALS

FIGURE 18 BOSTON SCIENTIFIC: SEGMENTAL REVENUE

FIGURE 19 BOSTON SCIENTIFIC: REGIONAL REVENUE

FIGURE 20 TERUMO MEDICAL CORPORATION: KEY FINANCIALS

FIGURE 21 TERUMO MEDICAL CORPORATION: SEGMENTAL REVENUE

FIGURE 22 TERUMO MEDICAL CORPORATION: REGIONAL REVENUE

FIGURE 23 TELEFLEX INC.: KEY FINANCIALS

FIGURE 24 TELEFLEX INC.: SEGMENTAL REVENUE

FIGURE 25 TELEFLEX INC.: REGIONAL REVENUE

FIGURE 26 MERIT MEDICAL SYSTEMS, INC.: KEY FINANCIALS

FIGURE 27 MERIT MEDICAL SYSTEMS, INC.: SEGMENTAL REVENUE

FIGURE 28 MERIT MEDICAL SYSTEMS, INC.: REGIONAL REVENUE

FIGURE 29 COOK MEDICAL: KEY FINANCIALS

FIGURE 30 COOK MEDICAL: SEGMENTAL REVENUE

FIGURE 31 COOK MEDICAL: REGIONAL REVENUE

FIGURE 32 ACANDIS GMBH: KEY FINANCIALS

FIGURE 33 ACANDIS GMBH: SEGMENTAL REVENUE

FIGURE 34 ACANDIS GMBH: REGIONAL REVENUE

FIGURE 35 ACROSTAK: KEY FINANCIALS

FIGURE 36 ACROSTAK: SEGMENTAL REVENUE

FIGURE 37 ACROSTAK: REGIONAL REVENUE

FIGURE 38 STRYKER CORPORATION: KEY FINANCIALS

FIGURE 39 STRYKER CORPORATION: SEGMENTAL REVENUE

FIGURE 40 STRYKER CORPORATION: REGIONAL REVENUE

FIGURE 41 ASAHI INTECC: KEY FINANCIALS

FIGURE 42 ASAHI INTECC: SEGMENTAL REVENUE

FIGURE 43 ASAHI INTECC: REGIONAL REVENUE

FIGURE 44 LEPU MEDICAL TECHNOLOGY COMPANY: KEY FINANCIALS

FIGURE 45 LEPU MEDICAL TECHNOLOGY COMPANY: SEGMENTAL REVENUE

FIGURE 46 LEPU MEDICAL TECHNOLOGY COMPANY: REGIONAL REVENUE

FIGURE 47 CERUS ENDOVASCULAR LTD: KEY FINANCIALS

FIGURE 48 CERUS ENDOVASCULAR LTD: SEGMENTAL REVENUE

FIGURE 49 CERUS ENDOVASCULAR LTD: REGIONAL REVENUE

Microcatheters Market

The Microcatheters Market is expected to cross USD 2,412.0 million at a CAGR of ~4.1% during the forecast period of 2021 to 2027

Segmentation

By Design Single And Double Lumen
By Product Aspiration Delivery Diagnostic Steerable
By Application Cardiovascular Neurovascular Peripheral Vascular Oncology Urology
By End User Hospitals Ambulatory Surgical Centers Specialized Clinics

Key Players

  • Medtronic (Ireland)
  • Boston Scientific (US)
  • Terumo Medical Corporation (US)
  • Teleflex Inc. (US)
  • Merit Medical Systems
  • Inc. (US)
  • Guerbet (France)
  • Cook Medical (US)
  • Acandis GmbH (Germany)
  • Acrostak (Switzerland)

Drivers

  • Increasing adoption of minimally invasive surgery
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Microcatheters Market Forecast


The Microcatheters Market is expected to cross ~USD 2,412.0 million by 2027 at a CAGR of ~4.1% during the forecast period of 2021 to 2027.


Market Overview:


Microcatheters are the thin wall, small diameter catheters used in minimally invasive procedures, ideal for navigating the vast network of tiny veins found within the human body. These procedures are primarily employed in neurovascular and cardiovascular applications. They are most commonly used in selective applications where the anatomy would not be accessible via a standard catheter. Factors such as the rise in the prevalence of chronic diseases, includingneurovascular and cardiovascular disorders, increased adoption of minimally invasive procedures, and development of new diagnostic centers and hospitals in emerging economies are the key drivers ofthe global microcatheters market. There is an increasing preference for minimally invasive surgeries due to lower risk than traditional surgeries because they use smaller surgical incisions. Thus, all the above-mentioned factors are contributing to the growth of the microcatheter market.


In January 2021, Baylis Medical (Canada) launched the first clinical case in Europe of the JLL 2-French electrophysiology microcatheter. The JLL electrophysiology catheter was launched in partnership with Japan Lifeline Ltd (Japan), a leading Japanese cardiovascular device developer and manufacturer.Its family involves a 6F guiding catheter and a 2F microcatheter, which can be combined to allow deeper Coronary Sinus (CS) mapping. In August 2020, Cerus Endovascular Inc. (US) announced that it received FDA approval for its first microcatheter. Its 021 microcatheter is available in three different distal configurations.


COVID-19 Analysis


The COVID-19 pandemic has significantly impacted the number of surgical procedures performed.It has also led to workforce and staffing issues, changes in perioperative practices, and viral transmission risk intraoperatively. Many countries around the world made the necessary decisions to cancel all non-emergency surgical procedures to free up personnel and resources for COVID-19 patients. It is estimated that during the initial wave of COVID-19, at least 28 million elective operations were canceled. This significantly decreased the demand for microcatheters used for several surgical procedures.


The COVID-19 pandemic also had an impact on the operations of microcatheter manufacturers. Lockdowns had a negative impact on the supply chain and manufacturing facilities.This increased downward pressure on microcatheter production and demand.It also affected the import and export of medical devices.


Market Dynamics


Drivers



  • Rise in the prevalence of chronic diseases such as neurovascular and cardiovascular disorders




    • Factors such as unhealthy diet, physical inactivity, tobacco use, and consumption of alcohol lead to heart diseases. It is also estimated that prevalent cases of total cardiovascular disease nearly doubled from 271 million in 1990 to 523 million in the year 2019.

    • Neurovascular disease refers to all disorders in which an area of the brain is temporarily or permanently affected by bleeding or restricted blood flow due to abnormality found in the blood vessel of the brain or spinal cord that supplies fresh oxygenated blood. Neurovascular catheters are used to treat numerous diseases, such as brain aneurysms, embolic stroke, arteriovenous malformations, and other disorders. Microcatheters are used during complex cardiovascular procedures to provide support and safe guidewire exchange.



Increasing adoption of minimally invasive surgery



  • The demand for minimally invasive surgery is increasing due to its advantages over traditional open surgeries that include smaller and fewer scars, less pain, shorter hospital stays and recovery periods, reduction in costs, and overall better outcomes.One of the most common tools used in minimally invasive surgery is a catheter. This is creating demand for microcatheters worldwide.


Market Opportunities



  • Technological advancements in the medical science


    • Technological advancements in medical science aremaking medical practice easier for physicians, more effective for the patients and cheaper for the entire healthcare system. These advancements provide patients with precise treatments that are less costly, less invasive and less complicated due to more advanced tools

    • The emergence of technological advancements in the design of catheters in the past decaderesulted intheir long-term efficiency, decreased infection rates, and reduced catheter malfunction. These catheters have undergone numerous improvements because of the rise in the R&D in catheters.



Increasing government funding for strengthening healthcare infrastructure



  • The governments of developed and developing regions are funding public health care to deliver high-quality healthcare to its people. Improved performance in controlling emerging and re-emerging diseases in various regions depends on the quality, equity, and efficiency of the health system in these regions.

  • The current COVID-19 pandemic creates awareness about strengthening the healthcare system among various governments worldwide. This is increasing investments by governmentsin the public healthcare system.


Market Restraints



  • Risks associated with microcatheter use


    • Microcatheters are generally safe for use, but some risks are associated with theiruse. Complications such as bleeding andthe risk of infections are associated with microcatheter applications in surgery. The material used in the microcatheter may also cause allergic reactions.

    • These risks are hampering the global microcatheter market growth. The manufacturers are now focusing on manufacturing the most advanced microcatheters that can cause less risk during use.



Technology Analysis



  • A microcatheter is a small diameter catheter used to treat vascular diseases. Themanufacturers are launching new advanced products in the market. New microcatheters have been introduced in clinical practice aiming to improve deliverability and resistance to deformation. In July 2020, Acist Medical Systems Inc. (US) launched AcistNavvus II Rapid Exchange Fractional Flow Reserve (FFR) microcatheter, the second-generation microcatheter for use with its AcistRXi Rapid Exchange FFR System. Fractional Flow Reserve (FFR) measurements provide an assessment of arterial lesion severity and inform intervention strategy in both diagnosis and treatment of coronary artery disease.The manufacturers are also designing microcatheters to lower the risk of non-target embolization.


Segment Overview

By Design


Single Lumen



  • The single lumen microcatheter has an elongated shaft having a distal and a proximal end. Its elongated shaft has an outer surface and an inner surface. The inner surface defines a single lumen extending from the proximal end to the distal end of the elongated shaft and fluidly connecting the proximal end to an opening at the distal end of the shaft.


Double Lumen



  • A double lumen microcatheter has many advantages, such as it does not compromise the side branch because guidewires coexist in the main branch and side branch. Dual lumen microcatheter has robust support and easy access to complex coronary vasculature. It has a dual lumen configuration that avoids the tangling of guidewires and improves guidewire manipulation.A robust proximal shaft maintains its stability and maneuverabilityand stronger penetration force compared to a conventional microcatheter.


By Product


Aspiration Microcatheter



  • Aspiration microcatheter are primarily employed using ADAPT (a direct aspiration first-pass technique). Aspiration microcatheter has a varying internal diameter (0.044–0.072 inch).It is a rapid exchange type of catheter that is commonly used to eliminate and provide a simple solution of Thrombus and Debris in the coronary or peripheral arteries.


Delivery Microcatheter



  • Delivery microcatheter has a high flow lumen, and its coil-wound construction enables confident large-volume coil delivery. These microcatheters help assist the delivery of diagnostic agents, such as contrast media, and therapeutic devices, such as occlusion coils, to the peripheral and neuro vasculature.


Diagnostic Microcatheter



  • A diagnostic microcatheter is used for diagnostic purposes. These microcatheters are being used to obtain a diagnostic cerebral angiogram in patients with anatomic challenges limiting catheterization. When an application requires an ultra-thin device for diagnosis, a diagnostic microcatheter is used.


Steerable Microcatheter



  • Steerable microcatheter facilitates faster vessel selection and fewer procedure times and may also result in less need to open multiple instrument packs during a case. These microcatheters are primarily designed to reach inaccessible areas for coronary and peripheral applications. It can be operated one-handed that articulates up to 180 degrees.

  • By Application


Cardiovascular



  • Microcatheters used for cardiovascular applications are generally run under 6 French (FR). The preference for microcatheters is high from interventional cardiologists during the complex coronary anatomy applications.


Neurovascular



  • The microcatheters are used for interventions in the brain and intracranial spaces to perform neurovascular surgeries. Microcatheters are used for various purposes, such as access to the neurovascular organs and delivery of embolic coils and thrombectomy devices. The number of neurovascular surgeries is increasing worldwide,which leads to high demand for microcatheters.


Peripheral Vascular



  • Microcatheters require precise components for angiography, aspiration, thrombectomy, and embolization in peripheral vascular applications. They are used for the treatment of numerous peripheral and vascular disorders.


Oncology



  • Microcatheters are used for numerous oncology procedural applications such as embolization, Transcatheter Embolization and Occlusion (TEO) and Uterine Fibroid Embolization (UFE).It helps to deliver chemotherapy treatments to cancerous tumors by navigating through smaller vessels to those localized sites.


Urology



  • Microcatheters are used for urological applications such as diagnostics and surgical interventions. They are used for urological applications and have multi-layer, large-lumen/low-profile extrusions and coil and wire coating capabilities.

  • By End User


Hospitals



  • The advancement in the hospital infrastructure across the globe is driving the microcatheters market. The development of new diagnostic centers and hospitals in the developing regions creates opportunities for the players involved in the microcatheter market.Hospitals are equipped with advanced equipment for the various procedure applications which are expected to influence market growth for microcatheters.


Ambulatory Surgical Centers:



  • The demand for ambulatory surgical centers is increasing owing to the immediate requirement for the treatment of cardiovascular and neurovascular diseases. These centers offer instant treatment to the patient. Such procedures are effective and economical.


Specialized Clinics:



  • The increasing number of specialized clinics for the treatment of various chronic diseases such as cardiovascular and neurovascular diseases. In developing regions, the number of specialized clinics is increasing, which is influencing the market growth.


Regional Analysis

North America

Increasing acceptance of technologically advanced products across the region is driving the North America microcathetersmarket



  • North America dominated themicrocathetermarket in 2020 due tothe availability and accessibility to technologically advanced products,increasing the number of percutaneous coronary intervention procedures, and rising favorable government initiatives. Also, there is an increasing prevalence of chronic disorders such as neurovascular, peripheral vascular, oncology, and cardiovascular in the region,which is also fueling the market growth. According to American Heart Association, 121.5 million adults in the US were living with cardiovascular disease, and 805,000 Americans were suffering from a heart attack by 2019.


Asia-Pacific
Increasing number of people suffering from chronic diseases is fueling the Asia-Pacificmicrocathetermarket



  • The Asia-Pacific is accounted to be the fastest-growing regional market for microcatheters due to the presence of a large patient pool, increasing prevalence & incidence of target diseases, and growing healthcare infrastructure in Asian countries. Moreover, other factors supporting the microcatheter market include increasing healthcare spending and favorable government initiatives for strengthening the healthcare infrastructure.


Competitive Landscape



  • Medtronic (Ireland) is one of the leading players in the microcatheter market, offering products for neurological and cardiovascular applications. The company offers peripheral embolization products, access and delivery products, AVM embolization products, and others. The company offers the rebar reinforced microcatheter. It is a single-lumen catheter with stainless steel construction, hydrophilic coating, and high kink resistance.

  • The market players are pursuing a variety of business strategies to increase their market share. The companies are launching innovative microcatheters with advanced techniques to gain a competitive advantage. They have made significant investments in R&D to bring new products to the market.This will help them increase their customer base.


List of companies with HQ



  • Medtronic (Ireland)

  • Boston Scientific (US)

  • Terumo Medical Corporation (US)

  • Teleflex Inc. (US)

  • Merit Medical Systems, Inc. (US)

  • Guerbet (France)

  • Cook Medical (US)

  • Acandis GmbH (Germany)

  • Acrostak (Switzerland)

  • Stryker Corporation (US)

  • Asahi Intecc (Japan)

  • Lepu Medical Technology Company (China)

  • Cerus Endovascular Ltd (US)


Recent Developments



  • In March 2021, Boston Scientific (US) acquired the global surgical business of Lumenis (Israel), a privately-held company that develops and commercializes energy-based medical solutions

  • In May 2018, Guerbet (France)launched two new microcatheters,SeQure and DraKonfor use in embolization procedures


Report Overview



  • The study covers the existing short-term and long-term market effect, as well as helping decision-makers to draught short-term and long-term plans for businesses by region. The report that covers major regions in North America, Europe, Asia-Pacific, and Rest of the World. It analyzes market drivers, restraints, opportunities, challenges, Porter’s five forces, Value Chain, and impact of COVID-19 on the market.


Scope of the Report



  • The scope of the microcatheters market study includes market size analysis and a detailed analysis of the manufacturer’s products and strategies. The market has been segmented based on design, product, application, end user, and region.


Microcatheters Market, By Design



  • Single Lumen

  • Double Lumen


Microcatheters Market, By Product



  • Aspiration Microcatheter

  • Delivery Microcatheter

  • Diagnostic Microcatheter

  • Steerable Microcatheter


Microcatheters Market, By Application



  • Cardiovascular

  • Neurovascular

  • Peripheral Vascular

  • Oncology

  • Urology


Microcatheters Market, By End User



  • Hospitals

  • Ambulatory Surgical Centers

  • Specialized Clinics


Microcatheters Market, by Region



  • North America


    • US

    • Canada


  • Europe


    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe


  • Asia-Pacific


    • China


      • Japan

      • India

      • Australia

      • South Korea

      • Rest of Asia-Pacific



  • Rest of the World


    • Middle East

    • Africa

    • Latin America



 



Report Scope:
Report Attribute/Metric Details
  Market Size   2027:~USD 9,500 Million
  CAGR   ~4.1%
  Base Year   2020
  Forecast Period   2021-2027
  Historical Data   2017 & 2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Design, Product, Application and End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Medtronic (Ireland), Boston Scientific (US), Terumo Medical Corporation (US), Teleflex Inc. (US) Merit Medical Systems, Inc. (US), Guerbet (France), Cook Medical (US), Acandis GmbH (Germany), Acrostak (Switzerland) Stryker Corporation (US), Asahi Intecc (Japan), Lepu Medical Technology Company (China), Cerus Endovascular Ltd (US)
  Key Market Opportunities   β€’ Technological advancements in the medical science β€’ Increasing government funding for strengthening healthcare infrastructure
  Key Market Drivers   β€’ Rise in the prevalence of chronic diseases such as neurovascular and cardiovascular disorders β€’ Increasing adoption of minimally invasive surgery


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