Global Micro Guide Catheters Market is Expected to Grow at a CAGR of 6.2% by 2030

Micro Guide Catheters Market Highlight

The demand for the global micro guide catheters market is expecting a swift growth in coming future. Catheters are the medical devices which are used for the treatment of diseases like cardiovascular, urological and many more. The procedure used to treat the disease by using catheters is known as catheterization. Catheters consist of a hollow tube like devices use to administer liquid medicament or oxygen to the body.  Micro guide catheters are available in variety of sizes which provides greater option for the treatment. Growth rate of this market is related with increasing geriatric population, adoption of advanced treatment at early level and increasing prevalence of disease like cardiovascular, urological and many more diseases. Mergers, collaboration and partnerships of large companies with medium and small companies and advance in research has increase the scope of new product launching which has fuelled the growth of the market. The global micro guide catheter market is expected to grow at a CAGR of 6.2% with USD 78,200 Million during 2022- 2030.

The global micro guide catheter market is dominated by North America. Increase in number of cardiovascular disease is the major reason for the growth of this market. Moreover, growing incident of chronic and acute disorder and increasing aging population are major factors for the growth of global micro guide catheter market. Huge population in Asia Pacific region has increase the different diseases and complication in the countries like India and China.

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Global Micro Guide Catheters Market is segmented on the basis of-

• By Types they are Flow directed micro guide catheters and Over the wire micro guide catheters


• On the basis of application they are segmented as Cardiovascular, Neurovascular, Urology and other


• On the basis of End user they are Hospital, Clinics and others


• And on the basis of region (North America, Europe, Asia Pacific and Middle East and Africa)

North America has the highest rate of cardiovascular diseases. Micro guide catheters are basically used by hospital, clinics, emergency care unit and other for the treatment of chronic diseases. On the basis of end user hospital is a leading sector. Due to technological advance, advanced healthcare infrastructure, sophistication and many more make hospital segment a first choice of preference. While Asia Pacific region is expected to grow exponentially in the coming future. This growth is attributed to the factors such as rising healthcare sector expenditure, rising adoption for the use of these devices in the diagnosis and treatment by the healthcare professionals among others.

The major key players for Global Micro Guide Catheters Market are LuMend Corporation (US), Terumo Europe N.V. (Belgium), Covidien AG (Ireland), ASAHI INTECC Company Limited (Thailand),Boston Scientific Corporation (US), Volcano Corporation (US), Micro Therapeutics Inc. (India), Merit Medical Systems Inc (US), ACIST Medical Systems (US), Baylis Medical Medtronic (Canada), BrosMed Medical, Cordis Corporation (US), Cook Medical Inc. (US), Diasolve Ltd. (UK), Navilyst Medical Inc. (US).