Overview:
Medical catheters are thin tubes produced from medical grade materials and are used for administration of fluids, to drain out fluids, urine from the body, administration of gases and drugs. Catheters are useful in the treatment of various diseases such as gastrointestinal, neurological, urological, cardiovascular and ophthalmic diseases. These catheters are made from polymers such as thermoplastic elastomers, silicone rubber latex and nylon, polyethylene terephthalate, and polyurethane. The micro guide catheters possess many properties such as stainless steel braid, responsiveness, hydrophobic coating with glide technology and more. Micro guide catheters are also used for treatment of urine fibroids, venal or pulmonary embolism, vascular malformations, arterial embolism, and hyper-vascularized tumors.
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Drivers:
Increasing cases of diseases such as cardiovascular diseases (CVD) across under developed and emerging economies and the treatments of these diseases requiring catheters are expected to propel growth of the global micro guide catheters market. For instance, in 2017, the World Health Organization (WHO) estimated CVDs caused 17.7 million deaths in 2015.
Advantages provided by micro guide catheters over the traditional catheters are also expected to augment growth of the global micro guide catheter market over the forecast period. Modern disposable catheters are created using polyurethane. Most of the advanced catheters consist a thin hydrophobic coating which makes these catheters smooth, safe and comfortable to insert. Manufacturers offer these catheters in various sizes for adults.
Restraints:
Global recall of micro catheter products are expected to hamper growth of the global micro guide catheters market. For instance, in 2016, Medtronic announced voluntary worldwide recall of devices such as Ultraflow, Alligator retrieval device, X-celerator hydrophilic guidewire and marathon flow directed micro catheters. The recall was conducted due to separation and detachment of polytetrafluoroethylene (PTFE) coating on parts of catheters.
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Market Taxonomy:
By types –
- Over-the-wire micro guide catheter
- Flow directed micro guide catheter
By therapeutic application –
- Neurological
- Urological
- Cardiovascular
- Ophthalmic
- Gastrointestinal
By end user –
- Hospital
- Specialty clinics
- Ambulatory service
Key players:
Key players active the micro guide catheters market are Asahi Intec Co., Ltd, Boston Scientific Corporation, Merit Medical Systems, Inc., Medtronic Plc, Philips N.V., Cardinal Health, Cook Medical, Penumbra, Inc., Terumo Europe NV, and Integer Holdings Corporation.
Reasons to Purchase this Report
• Current and future of global Micro Guide Catheters market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Content
Global Micro Guide Catheters Market Research Report
Section 1: Global Micro Guide Catheters Industry Overview
Section 2: Global Economic Impact on Micro Guide Catheters Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Micro Guide Catheters Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
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