Microcatheters market report for 2027 – Companies, applications, products and more

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Microcatheters market trends research and
projections for 2020- 2027

• A research study conducted by Global Market
  Insights, Inc., suggests that microcatheters
  market is likely to exceed the 1.3 Billion mark
  by 2027, in terms of revenue. This growth is on
  account of the rising incidences of chronic
  diseases in developing nations. This has led to
  an upsurge in the adoption of minimally invasive
  procedures that require dual lumen microcatheters
  for support in case of complex anatomy. These
  microcatheter types enable the exchange of
  guidewires and placement and also help in
  avoiding the tangling of guidewires.
• The microcatheters market is slated to gain
  remarkable traction through the coming years,
  driven by the surging focus of microcatheter
  manufacturers towards the introduction of
  technologically advanced and innovative product
  offerings.

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• numerous research organizations have started
  conducting a range of studies associated with
  microcatheters. A number of these studies are
  centered around various outcomes such as
  relationship between the microcatheters shape
  and stability, risk of distal embolization
  related with microcatheter navigation across the
  clot, and other microcatheter associated
  infections in the body of the patient.

• Such studies are set to augment the demand for
  various microcatheter components and sizes
  through the forthcoming years. On this note, the
  global microcatheters market size is estimated to
  surpass USD 1.3 billion by 2027, states recent
  research by Global Market Insights, Inc.

• In addition to dual lumen microcatheters, the
  market is witnessing an escalating demand for
  steerable microcatheters, which are used in
  various procedures. For instance, during the
  process of complex vessel anatomy, as compared to
  conventional microcatheters, the deployment of
  steerable microcatheters offers a faster and
  simpler target vessel selection with shorter
  procedure times.

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• Regional Analysis

• An example of such government launched programme
  is the India Hypertension Management Initiative
  (IHMI) which has been rolled out in association
  with the Indian Council of Medical Research
  (ICMR) and the Department of Health Research
  (DHR). The programme will aid in reinforcing the
  governments NPCDCS (National Program for Control
  of Cancer, Diabetes, Cardiovascular Diseases, and
  Stroke). Rising awareness associated with health
  safety in the country is expected to impel
  industry growth through 2027.

• Competitive Analysis

• Some of the major companies operating in the
  market are Boston Scientific Corporation,
  Teleflex Inc., Penumbra Inc., Merit Medical
  System, Terumo Medical Corporation, Stryker, and
  Medtronic among others. The industry leaders are
  engaged in several strategic developments
  including product launches, partnerships, and
  mergers and acquisitions in order to remain
  competitive and strengthen their market position.

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catheters-market
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