Title: Microcatheters market report for 2027 – Companies, applications, products and more
1Microcatheters 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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2- 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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4- 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.
- 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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