Micro Guide Catheters Market is expected to register a CAGR of 7.67% from 2014 to 2023

May 18, 2018 | Author: | Posted in Health, Health-Fitness

A research study titled, “Micro Guide Catheters Market by Product and Application – Global Industry Analysis and Forecast to 2023” published by Crystal Market Research.

Industry Outlook and Trend Analysis:
The Micro Guide Catheters Market was worth USD 120.67 million in 2014 and is expected to reach approximately USD 234.68 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.67% during the forecast period.

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The developing demand for minimally invasive (MI) methods will drive the development prospects for the worldwide small scale control catheters market in the upcoming years. It has been witnessed that MI supply route stenting using micro guide catheters and guidewires are progressively made use of in light of the fact that they improve the surgical accuracy by permitting a smooth control of small surgical apparatuses for the position of stents in the person’s body and give a 3D perspective of the person.

Additionally, since the material gives a superior adaptability, support, and following of the stent amid the method, numerous specialists progressively lean toward microcatheters over different devices to perform systems.

Application Outlook and Trend Analysis:
The ambulatory surgical centre (ASCs) portion represented the larger share of the overall industry amid 2016 and will keep on dominating the market amid the estimated period. A portion of the main considerations in charge of the developing inclination for ASCs among patients is the reduction of medicinal costs, diminishment in the span of hospital stay, and better individual care.

Product Type Outlook and Trend Analysis:
Over-the-wire micro guide catheters represented the greater share of the overall industry amid 2016 and will keep on dominating the market for the following years. A portion of the main considerations in charge of the market fragment’s development is the high achievement rate related with the usage of over-the-wire micro guide catheter and its wide use in cardiovascular applications, for example, peripheral and coronary mediations and neurovascular interventional applications.

Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

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Table of Contents:
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1.Secondary Research
1.2.2.Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1.Market definition
3.1.2.Market Segmentation
3.2. Market Dynamics
3.2.1.Drivers Penetration in Medical Applications
3.2.3.Opportunities Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)
5. Micro Guide Catheters Market, By Application
5.1. Introduction
5.2. Global Micro Guide Catheters Sales, Revenue and Market Share by Application (2014-2018)
5.2.1.Global Micro Guide Catheters Sales and Sales Share by Application (2014-2018)
5.2.2.Global Micro Guide Catheters Revenue and Revenue Share by Application (2014-2018)
5.3. Hospitals
5.3.1.Global Hospitals Sales and Growth Rate (2014-2018)
5.4. ASCs
5.4.1.Global ASCs Sales and Growth Rate (2014-2018)
5.5. Physicians’ offices
5.5.1.Global Physicians’ offices Sales and Growth Rate (2014-2018)
To be Continued…

Competitive Insights:
The leading players in the market are Merit Medical Systems Inc, ASAHI INTECC CO LTD, Terumo Corporation, Diasolve, Vascular Solutions Inc, Boston Scientific, Navilyst Medical and Medtronic. The micro guide catheters market is extensively competitive and diversified owing to the existence of a large number of regional and international players across the globe. According to the industry research report, a huge number of vendors are progressively using advanced technologies to develop novel products.

The Micro Guide Catheters Market is segmented as follows-

By Product Type:

  • Flow directed micro guide catheters
  • Over-the-wire micro guide catheters

By Application:

  • Physicians’ offices
  • Hospitals
  • ASCs

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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