What is the global market size of Micro Guide Catheters Market?

Global Bleeding Disorders Treatment Market size was valued at USD 390 million in 2022 and is poised to grow from USD 416.52 million in 2023 to USD 705.03 million by 2031, at a CAGR of 6.5% during the forecast period (2024-2031).

Micro Guide Catheters Market Size, Share, Growth Analysis, By Type(Over-the-wire (OTW) Micro Guide Catheters, Flow-directed Micro Guide Catheters), By Application(Cardiovascular Procedures, Neurovascular Procedures, Peripheral Procedures), By End-user(Hospitals, Ambulatory Surgical Centers, Specialty Clinics), By Region - Industry Forecast 2025-2032

Report ID: SQMIG35A2736 | Region: Global | Published Date: June, 2024
Pages: 219 | Tables: 89 | Figures: 76

Micro Guide Catheters Market News

In February 2024, BIOTRONIK unveiled the Micro Rx™ catheter, a groundbreaking rapid exchange microcatheter designed to bolster guidewire support during percutaneous coronary interventions (PCI) with ease. This innovative device, distributed solely by BIOTRONIK, is crafted by IMDS (Interventional Medical Device Solutions). The introduction of the Micro Rx catheter marks the fourth IMDS product introduced by BIOTRONIK in the U.S., further enriching their portfolio of devices, which already includes NHancer Rx, TrapIT, and ReCross catheters.
In November 2023, MicroVention, Inc a neurovascular employer beneath the possession of Terumo Corporation, is marking a decade of innovative legacy with the commemoration of the anniversary of SOFIA™ and SOFIA™ Flow Plus Aspiration Catheters. These groundbreaking catheters have been applied in over half a million techniques across 170 countries.
In April 2023, Guangdong Hicicare Science (Hicicare) and Zylox-Tonbridge Medical Technology (Zylox-Tonbridge) announced a strategic partnership focused on advancing the commercialization of vascular guidewire products under a co-branded label in China.
In April 2023, Guangdong Hicicare Science (Hicicare) and Zylox-Tonbridge Medical Technology (Zylox-Tonbridge) announced a strategic partnership focused on advancing the commercialization of vascular guidewire products under a co-branded label in China.

Micro Guide Catheters Market Report Snapshots

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Micro guide catheters market size was valued at USD 390 million in 2022 and is poised to grow from USD 415.35 million in 2023 to USD 687.40 million by 2031, at a CAGR of 6.5% during the forecast period (2024-2031).

The aggressive surroundings of the Micro Guide Catheters market is dynamic and is marked through the presence of numerous key players striving for market proportion. Major enterprise contributors interact in strategic projects which include mergers and acquisitions, product launches, and collaborations to bolster their foothold in the marketplace. Diverse product portfolios catering to diverse scientific programs, consisting of cardiovascular and neurovascular procedures, signify the offerings of these agencies. 'Asahi Intecc Co. Ltd', 'Boston Scientific Corporation', 'Cardinal Health Inc.', 'Cook Group Incorporated', 'Integer Holdings Corporation', 'Medtronic PLC', 'Merit Medical Systems', 'Terumo Corporation', 'Micro Therapeutics Inc. (India)', 'LuMend Corporation (US)', 'BrosMed Medical', 'Covidien AG (Ireland)', 'Terumo Europe N.V. (Belgium)', 'Baylis Medical Medtronic (Canada)', 'Diasolve Ltd. (UK)', 'ACIST Medical Systems (US)', 'Cordis Corporation (US)', 'Navilyst Medical Inc. (US)', 'St. Jude Medical', 'Spectranetics'

The increasing incidence of cardiovascular diseases global has brought about a growing call for for micro guide catheters in diagnostic and interventional methods. The rise in life-style-associated risk factors and an growing old populace further amplify this demand. Secondly, ongoing technological advancements in catheter design and materials enhance their navigational precision and versatility, making them extra effective in tricky vascular approaches.

Rising Emphasis On Technological Advancements: The growing emphasis on technological advancements. Continuous innovation in catheter design, substances, and manufacturing approaches pursuits to enhance navigational precision, flexibility, and basic procedural consequences. Another considerable trend is the expanding programs of micro manual catheters, particularly in neurovascular interventions.

North America, such as the US and Canada, has superior healthcare infrastructure, a excessive occurrence of cardiovascular illnesses, and a properly-established market for scientific devices. These factors make contributions to the ability dominance of this region. Ongoing technological improvements, a growing getting old population, and a excessive adoption fee of minimally invasive procedures can also drive the growth of the micro guide catheter market in North America.

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