Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Microcatheters is mostly commonly used medical device in healthcare industries. The market has rising demand for this device as it is majorly used for diagnosis, steer ability, and delivery of embolic agent to target site with minimally invasive surgeries. These microcatheters are widely used for different disease like cardiovascular, neurovascular, peripheral vascular, oncological, urological, and otolaryngological. The market is expected to witness growing demand significantly from the physicians and healthcare provider globally. The market is expected grow at specific rate during the forecast period.
The market is driven by growing target patient population in the different disease where there is increasing demand for microcatheters market. The growing burden of disease is expected to fuel the demand of the market. Furthermore, rising adoption of minimally invasive surgical procedures had growing usage of microcatheters market owing to benefits provided like smaller incisions, faster recovery time, reduced pain, and scarring. Also, increasing number of microcatheter-assisted clinical research studies has accelerated the market growth.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the microcatheters market. In addition, complete analysis of changes on the microcatheters market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
The microcatheters market is segmented based on product type, product design, end user, application and geography.
The microcatheters is available in market according to different product type including delivery microcatheters, aspiration microcatheters, diagnostic microcatheters, and steerable microcatheters. The aspiration microcatheters is anticipated to dominate owing to rising demand for the treatment of disease like peripheral artery disease, acute strokes and others. In addition, this catheters are widely used for removal of thrombus from the blocked vessel. The key factor of aspiration microcatheters is expected to drive the growth of microcatheters market.
The microcatheters is accessible in market by various product design like single-lumen microcatheters, dual-lumen microcatheters. The dual-lumen microcatheters is anticipated to lead in the global microcatheters market owing to its potential and advantages such as easy access to procedural site. Besides, it is widely preferred for interventional cardiac procedure. This key factor of segment are expected to boost the growth of market.
The microcatheters market has key end user in hospitals, ambulatory surgical centers, specialty clinics. Hospital is projected to dominate and witness the growing demand for microcatheters market. The growth of the segment is due to increasing number of hospital globally. Furthermore, rising enormous number of patient arriving for the treatment and diagnostic of different disease has propel the growth of microcatheters market. Also, ambulatory surgical centers is expected to growth at highest pace during forecast period. The ambulatory surgical centers is ideally equipped with advanced healthcare facilities and are less complicated as well as cost saving which drive the growth of market.
The microcatheters market find its application in cardiovascular, neurovascular, peripheral vascular, oncological, urological, otolaryngological. Cardiovascular dominated the global microcatheters market owing to its extensive use for the small vessel or selective diagnostic procedure. The increasing burden of cardiovascular disease has fuel the demand for microcatheters market. Whereas, neurovascular is expected to growth at highest CAGR during the forecast period.
Geographically microcatheters market is studied for the following region North America, Europe, Asia Pacific and RoW. North America is anticipated to gain market in the global microcatheters market. The region is experiencing ample of growth opportunities due to advanced healthcare facilities availability in the region. Besides, increasing population with different diseases has led the demand for global microcatheters market in the region. However, Asia Pacific is expected to grow at highest rate during the projection period. The rising geriatric population and growing population with different diseases is fueling the demand in the region. Also, developing healthcare facilities has accelerated the demand for microcatheters market. Furthermore, presence of key countries in the region like China, India and Japan has provided an opportunity for market growth.
The key players in microcatheters market are Angiodynamics, Asahi Intecc Co., Ltd., B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, BTG PLC, Cardinal Health, Inc., Cook Group, Johnson & Johnson (Depuy Synthes), Medtronic PLC, Merit Medical Systems, Inc., Penumbra, Inc., Stryker Corporation, Teleflex Incorporated and Terumo Medical Corporation among others.
The report analyses the global microcatheters market based on product type, product design, end user, application and geography. The microcatheters is available in market according to different product type including delivery microcatheters, aspiration microcatheters, diagnostic microcatheters, and steerable microcatheters. The microcatheters is accessible in market by various product design like single-lumen microcatheters, dual-lumen microcatheters. The market has key end user in hospitals, ambulatory surgical centers, specialty clinics. The market find its application in cardiovascular, neurovascular, peripheral vascular, oncological, urological, otolaryngological. Geographically microcatheters market is studied for the following region North America, Europe, Asia Pacific and RoW.
The key players in microcatheters market are Angiodynamics, Asahi Intecc Co., Ltd., B. Braun Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, BTG PLC, Cardinal Health, Inc., Cook Group, Johnson & Johnson (Depuy Synthes), Medtronic PLC, Merit Medical Systems, Inc., Penumbra, Inc., Stryker Corporation, Teleflex Incorporated and Terumo Medical Corporation among others.
Why to buy this report:
