Global Microcatheters Market worth of USD 1039.54 million by 2026: Major Players- Medtronic, Stryker, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Medical Corporation, Teleflex Incorporated, AngioDynamics Tokai Medical Products Inc.

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Market Analysis: Global Microcatheters Market
Global Microcatheters Market is expected to rise to an estimated value of USD 1039.54 million by 2026 registering a substantial CAGR in the forecast period of 2019-2026.

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Key Market Competitors: Global Microcatheters Market

Few of the major market competitors currently working in the microcatheters market are-Cardinal Health., Medtronic, BD, Stryker, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Medical Corporation, Teleflex Incorporated, ASAHI INTECC CO., LTD., Biomerics, Merit Medical Systems, DePuy Synthes, AngioDynamics, Cook, BTG International Ltd., Penumbra, Inc., Tokai Medical Products Inc., Koninklijke Philips N.V., Baylis Medical Company, Inc., amongst others.

Market Definition: Global Microcatheters Market

Microcatheters are thin-walled, small-diameter delivery/access devices which are used in minimally invasive surgical procedures. Microcatheters are useful for the navigation, access of veins and delivery of therapeutics inside the body to its target location. They are extensively used in the neurovascular and cardiovascular fields for diagnostic and interventional surgical procedures.

Market Drivers:

• Rising incidence of cardiovascular and chronic diseases, which in turn increases the target patient population henceforth boosting the growth of this market
• Rise in the number of studies and researches based on micro-catheter applications
• Improvements in the reimbursement policies in hospitals would also boost the growth of this market
• Technological progression in catheter technology
• Promotion of the various initiatives taken by the governments to provide better healthcare facilities is expected to boost the growth of the
market

Segmentation: Global Microcatheters Market

• By Type (Delivery; Diagnosis; Aspiration; Steerable);
• By Design (Single-Lumen; Dual-Lumen);
• By Application (Cardiovascular; Neurovascular; Peripheral Vascular; Oncology; Urology; Otolaryngological; Others);
• By End-User (Hospitals Surgical Centers & Specialty Clinics; Ambulatory Care Centers);
• By Geography (North America; South America; Europe; Asia-Pacific; Middle East and Africa)

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