|02-20-2019 10:44 AM CET - Advertising, Media Consulting, Marketing Research||
Microcatheter Market to See Huge Growth (620 million US$) | Boston Scientific, Terumo, Medtronic
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
HTF MI recently Announced Global Microcatheter study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on "Microcatheter. Global Microcatheter research allows you to get different methods for maximizing your profit. The research study provides estimates for Global Microcatheter Forecast till 2025*. Some of the Leading key Company’s Covered for this Research are Boston Scientific, Terumo, Medtronic, Codman Neuro, Stryker, Merit Medical, ASAHI INTECC, Navilyst Medical, Cook Medical, ACIST Medical, Volcano, Baylis Medical, Penumbra, Vascular Solutions
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In the next five years, the global consumption of microcatheter will maintain more than 9.8% annual growth rate.
USA is the largest supplier and consumption market of microcatheter, with a sales market share over 47% and sales revenue market share nearly 47.5%.
The second place is Europe; following USA with the sales market share of 22% and the revenue market share over 23%.Japan is another important market of microcatheter, enjoying 10% market share.
Market competition is intense. Boston Scientific, Terumo, Medtronic (Covidien), Codman Neuro, Stryker are the leaders of the industry and hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future.
The worldwide market for Microcatheter is expected to grow at a CAGR of roughly 7.6% over the next five years, will reach 620 million US$ in 2024, from 400 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Microcatheter in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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This report studies the Microcatheter market; the Microcatheter has Microcatheter smaller outside diameters (ODs) and inside diameters (IDs) general catheter. Micro-catheters are commonly found throughout the medical device and healthcare industries. With companies trying to develop and market products that meet the demanding needs of physicians and healthcare providers around the world
Global Microcatheter Research for a Leading company is an intelligent process of gathering and analyzing the numerical data related to services and products. This Research Give idea to aims at your targeted customer’s understanding, needs and wants. Also, reveals how effectively a company can meet their requirements. The market research collects data about the customers, marketing strategy, competitors. The Microcatheter Manufacturing industry is becoming increasingly dynamic and innovative, with more number of private players entering the industry.
Important Features that are under offering & key highlights of the report:
1) Who are the Leading Key Company in Global Microcatheter market space?
Boston Scientific, Terumo, Medtronic, Codman Neuro, Stryker, Merit Medical, ASAHI INTECC, Navilyst Medical, Cook Medical, ACIST Medical, Volcano, Baylis Medical, Penumbra, Vascular Solutions,
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What will the market size be in 2025 and what will the growth rate be?
In 2019, the Global Microcatheter market size was xx million USD and it is expected to reach USD xx million by the end of 2025, with a CAGR of xx% during 2019-2025.
3) What are the Market Applications & Types:
The study is segmented by following Product Type: , Cardiovascular, Neurovascular & Others
Major applications/end-users industry are: Hospitals, Specialty Clinics & Ambulatory Surgery Centers
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
To comprehend Global Microcatheter market dynamics in the world mainly, the worldwide Microcatheter market is analyzed across major regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Chapter 3, the Microcatheter competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Research Parameter/ Research Methodology
The primary sources involves the industry experts from the Global Microcatheter industry including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – industry experts such as CEOs, vice presidents, marketing director, technology & innovation directors, founders and related key executives from various key companies and organizations in the Global Microcatheter in the industry have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.
In the Secondary research crucial information about the industries value chain, total pool of key players, and application areas. It also assisted in market segmentation according to industry trends to the bottom-most level, geographical markets and key developments from both market and technology oriented perspectives.
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In this study, the years considered to estimate the market size of Global Microcatheter are as follows:
History Year: 2013-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Key Stakeholders in Global Microcatheter Market:
Global Microcatheter Manufacturers
Global Microcatheter Distributors/Traders/Wholesalers
Global Microcatheter Subcomponent Manufacturers
**Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
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