Micro Guide Catheters Market
Global Micro Guide Catheters Market Size, Share & Trends Analysis Report by Type (Over the Wire and Flow-Directed), by Indication (Cardiovascular, Neurovascular, Urology, and Others), and by End-User (Hospital, Specialty Clinics, Ambulatory Surgical Centers) Forecast Period (2022-2028)
The global micro guide catheter market is anticipated to grow at a significant CAGR of 7% during the forecast period. The major factor for the growth of the market is the increasing applications of micro guide catheters. Guide catheters are the catheters that are used to facilitate the placement of lasers, stents, and balloons for several treatments. At present, several guiding catheters are available, having unique designs and construction. Guiding catheters have a stiffer shaft, larger internal diameter (ID), a shorter & more angulated tip (110º vs 90º), and re-enforced construction (3 vs 2 layers) as compared to diagnostic catheters.
Impact of COVID-19 Pandemic on Global Micro Guide Catheters Market
In the COVID-19 demand for catheters increased owing to patients suffering from COVID-19 being treated with catheters. Additionally, several governments and healthcare institutions have increased efficient medical treatment to treat COVID-19 patients and the use of catheters suddenly increased due to an upsurge of it by hospitals and emergency clinics. For instance, in April 2020, in April 2020, Bactiguard launched a new urinary catheter, BIP Foley TempSensor - for patients in need of continuous temperature monitoring. The new catheter is a combination of integrated temperature monitoring and infection control it offers both surveillance and infection prevention in the same product.
Segmental Outlook
The micro guide catheters market is segmented on the basis of type, indication, and end-user. Based on the type, the market is segmented into over-the-wire and flow-directed. Based on indication, the market is segmented into cardiovascular, neurovascular, urology, and others. Further, on the basis of end-user, the market is segmented into hospitals, specialty clinics, and ambulatory surgery centers. The neurovascular segment is anticipated to contribute the fastest growth during the forecast period attributed to the rising incidences of target neurological conditions. R&D in the field of endovascular microcatheters has also contributed significantly to the micro guide catheter market. Additionally, the availability of specialized products for different neuro conditions is propelling the neurovascular segment of micro guide catheters to register the fastest growth.
Global Micro Guide Catheters Market Share by Indication, 2021 (%)
The Cardiovascular Segment is Dominating the Global Micro Guide Catheters, Market
Cardiovascular catheters are the largest segment of the global micro guide catheters industry. Cardiovascular catheters hold more than 40% share of the market. Cardiovascular catheterization is needed to confirm the presence of congenital heart defect, check narrow blockage of blood vessels, and check for problems with heart valves. Moreover, the growing adoption of advanced vascular catheters by several hospitals, and medical professionals to perform a surgical procedures. These catheters help in reducing bleeding complications and increase patients' safety are major factors that are augmenting the catheter market growth.
Regional Outlooks
The global micro guide catheters market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. North America is expected to hold a significant share in the market owing to the rising minimally invasive surgeries and the growing awareness among the masses towards technological advancement. The major region for the growth of the market includes well-developed healthcare infrastructure and a high prevalence rate of diseases.
Global Micro Guide Catheters Market Growth, by Region 2022-2028
The Asia Pacific Region is Fastest Growing in the Global Micro Guide Catheters Market
The micro guide catheters market is rapidly expanding in the Asia-Pacific region and is expected to show significant growth specifically in the emerging economies such as China, India, Thailand, Indonesia, Vietnam, and the Philippines. The growth is exhibited due to the significant increase in the adoption of minimally invasive procedures in diverse applications, increasing healthcare expenditures, and growing patient awareness across the region. Moreover, the Asia Pacific region owing to rising healthcare expenditure, growing disposable income, and emerging economies such as India and China are being involved in various untapped opportunities.
Market Players Outlook
The competitive landscape includes key strategies of leading players, recent developments, and key company analysis. The major players that contribute to the growth of the market include B. Braun Melsungen AG, Becton Dickinson and Co., Cardinal Health, Inc., Terumo Medical Corp., Stryker Corp., and Penumbra Inc., Medtronic PLC, Intra Special Catheters GmbH, and many others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2021, Scientia Vascular raised an investment of $50M to develop guidewires and microcatheters for stroke and, cancer treatment. The company is not only developing devices used in neurovascular stroke treatment and interventional oncology rather it is also inclined to the development of automated manufacturing technology to produce all these devices.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global micro guide catheters market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Type Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Micro Guide Catheters Market
• Recovery Scenario of Global Micro Guide Catheters Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. B. Braun Melsungen AG
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Becton Dickinson and Co.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cardinal Health, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Medtronic PLC
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Terumo Medical Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Micro Guide Catheters Market by Type
4.1.1. Over-The-Wire
4.1.2. Flow-Directed
4.2. Global Micro Guide Catheters Market by Indication
4.2.1. Cardiovascular
4.2.2. Neurovascular
4.2.3. Urology
4.2.4. Others
4.3. Global Micro Guide Catheters Market by End-User
4.3.1. Hospitals
4.3.2. Specialty Clinics
4.3.3. Ambulatory Surgery Centers
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. AngioDynamics, Inc.
6.2. Asahi Intecc Co. Ltd.
6.3. Baylis Medical Co, Inc.
6.4. Boston Scientific Corp.
6.5. Bracco Diagnostic, Inc.
6.6. Cook Group, Inc.
6.7. Integer Holdings Corp.
6.8. Intra Special Catheters GmbH
6.9. Kaaizeen Meditech Pvt. Ltd.
6.10. Koninklijke Philips N.V.
6.11. Lepu Medical Technology (Beijing) Co., Ltd.
6.12. Merit Medical Systems, Inc.
6.13. Penumbra Inc.
6.14. Smiths Medical, Inc.
6.15. Stryker Corp.?
1. GLOBAL MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL OVER THE WIRE MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL FLOW DIRECTED MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2021-2028 ($ MILLION)
5. GLOBAL MICRO GUIDE CARDIOVASCULAR CATHETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL MICRO GUIDE NEUROVASCULAR CATHETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL MICRO GUIDE UROLOGY CATHETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL MICRO GUIDE OTHERS CATHETERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
10. GLOBAL MICRO GUIDE CATHETERS IN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL MICRO GUIDE CATHETERS IN SPEACILITY CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL MICRO GUIDE CATHETERS IN AMBULATORY SURGERY CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. NORTH AMERICAN MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
15. NORTH AMERICAN MICRO GUIDE CATHETERSMARKET RESEARCH AND ANALYSIS BY INDICATION, 2021-2028 ($ MILLION)
16. NORTH AMERICAN MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
17. EUROPEAN MICRO GUIDE CATHETERSMARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
19. EUROPEAN MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2021-2028 ($ MILLION)
20. EUROPEAN MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
25. REST OF THE WORLD MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY INDICATION, 2021-2028 ($ MILLION)
28. REST OF THE WORLD MICRO GUIDE CATHETERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL MICRO GUIDE CATHETERS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL MICRO GUIDE CATHETERSMARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL MICRO GUIDE CATHETERS MARKET, 2021-2028 (%)
4. GLOBAL MICRO GUIDE CATHETERS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL OVER THE WIRE MICRO GUIDE CATHETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL FLOW DIRECTED MICRO GUIDE CATHETERS SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL MICRO GUIDE CATHETERS MARKET SHARE BY INDICATION, 2021 VS 2028 (%)
8. GLOBAL MICRO GUIDE CARDIOVASCULAR CATHETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL MICRO GUIDE NEUROVASCULAR CATHETERS SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL MICRO GUIDE UROLOGY CATHETERS MATERIALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL MICRO GUIDE OTHERS CATHETERS MATERIALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL MICRO GUIDE CATHETERS MARKET SHARE BY END-USER, 2021 VS 2028 (%)
13. GLOBAL MICRO GUIDE CATHETERS IN HOSPITALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL MICRO GUIDE CATHETERS IN SPECIALITY CLINICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL MICRO GUIDE CATHETERS IN AMBULATORY SURGERY CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL MICRO GUIDE CATHETERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. US MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
19. UK MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD MICRO GUIDE CATHETERS MARKET SIZE, 2021-2028 ($ MILLION)
