Micro Guide Catheters Market Prominent Players at The Forefront Of Competition are - Boston Scientific Co., Baylis Medical Medtronic, Cook Medical Inc., Navilyst Medical Inc. etc. by 2023

The Micro Guide Catheter is thin tube medical device inserted into the body for diagnosis or treatment and are used in the treatment of diseases like cardiovascular, neurovascular, and urology. The Global Micro Guide Catheter Market is anticipated to grow at a CAGR of 8 % during the forecast period of 2018 to 2023.

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Global Micro Guide Catheters Market - Key Players

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).

Global Micro Guide Catheters Market - Competitive Analysis

The Market for Micro Guide Catheters is characterized by the presence of several well-established and small players, the global market for micro guide catheters appears to be highly competitive and fragmented. Mergers, partnership, and collaboration of large players with moderate and small players in the market have increased the scope of new product launching.

For instance, Surefire Medical, Inc. has launched new Flexion Guiding Catheter in the market for interventional radiologists performing embolization procedures. This will help the company to increase its customer base in the market.

In October 2014, a company called Codman Neuro a part of DePuy Synthes Companies of Johnson & Johnson has launched 2 products EnvoyDA XB Distal Access Guiding Catheter and the 7F Envoy Guiding Catheter in Europe, the Middle East and Africa market for neurovascular procedures. This has helped the company to expand its product portfolio and strengthen its share in the micro guide catheters market.

Global Micro Guide Catheters Market - Synopsis

The catheter is thin tube medical device made from the high graded material. The catheter is then inserted into the body for treatment of various diseases or while performing surgeries. This process is called as catheterization. They are used in the treatment of diseases like cardiovascular, neurovascular, urology and many more. The catheter is inserted into the body for the administration of various liquid medication or gas for the treatment of diseases. They are made up of different polymers like nylon, polyurethane, silicone, elastomer, polyethylene terephthalate and many other. They are available in a variety of sizes which provides a greater option for the treatment. These catheter polymers are chemically inert and unreactive to human body and chemicals. The latest trend in the market is growing demand for the interventional cardiac catheterization. Micro guide catheters are also used in the diagnosis of the various cardiac disease.

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Global Micro Guide Catheters Market - Segmentation

To generate an accurate assessment of the Global Micro Guide Catheter Market, the report has been segmented by types, application, end users, and regions.

Based on types, the market is segmented into flow directed micro guide catheters and over the wire micro guide catheters.

Based on application, the market is segmented into cardiovascular, neurovascular, urology and other

Based on the end user, the market is segmented into hospital, clinics, and others

Based on regions, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa

Global Micro Guide Catheters Market - Regional Analysis

North America is the top contributor to micro guide catheters owing to excellent reimbursement, the presence of advanced players and massive healthcare expenditure.

Europe accounts for the second largest market share owing to the adoption of new and advanced technologies led by Germany. The UK is expected to be the fastest growing micro guide catheters market in Europe.

The Asia Pacific is expected to be the fastest global market led by China and India owing to increasing prevalence of urologic diseases and rising healthcare expenditure. The Middle East and Africa are supposed to be dominated by Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.

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Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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