Vascular Access Devices Market Detailed Analysis of Current Scenario with Growth Forecasts to 2030

According to our new research study on "Microcatheters Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Indication and End User," the microcatheters market was valued at US$ 410.0 million in 2019 and is projected to reach US$ 773.1 million by 2027; it is expected to grow at a CAGR of 8.4% during 2020-2027. The market growth is attributed to the escalating cardiovascular disease prevalence, increasing neurovascular disease incidence, and rising elderly population.

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Some of the key players in this market include Company
Boston Scientific Corporation, Teleflex Incorporated, Medtronic, Biomerics, Asahi Intecc USA, Inc, Merit Medical Systems, Inc, Stryker, Terumo Medical Corporation, Tokai Medical Products, and Penumbra are key companies operating in the microcatheters market. The market leaders are continuously looking forward to expanding and diversifying their market presence and reaching out to new customers, thus tapping prevailing business opportunities.

In June 2019, Biomerics LLC opened its new manufacturing facility in Texas. The new facility is engaged in the development and manufacturing of interventional and diagnostic instrumentsAccording to the World Health Organization (WHO), CVDs are the most prominent cause of morbidity and mortality in the world. The CVDs include cerebrovascular disease, coronary heart disease, rheumatic heart disease, and so on. Tobacco chewing/inhaling/consumption, unhealthy diet, and physical inactivity, which increase the risk of heart attacks and strokes, are the major lifestyle factors causing the CVDs and related difficulties. Moreover, the other risk factors related to CVDs are high blood pressure, diabetes, and elevated cholesterol levels. Heart attacks and strokes are mainly caused by fat depositions blocking blood vessels, thereby disrupting blood flow to heart or brain. Bleeding blood vessels in the brain or bleeding from blood clots may also cause strokes.

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Microcatheters Market Research Report Scenario includes:
• The report provides qualitative and quantitative trends of global Microcatheters Market across type, type of products, service, and geography.
• The report starts with the key takeaways (Chapter Two), highlighting the key trends and outlook of the global Microcatheters Market.
• Chapter Three provides the research methodology of the study.
• Chapter Four further provides PEST analysis for each region.
• Chapter Five highlights the key industry dynamics in the Microcatheters Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
• Chapter Six discusses the global Microcatheters Market scenario, in terms of historical market revenues, and forecast till the year 2027.

The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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