openPR Logo
Press release

Micro Guide Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

06-27-2017 01:46 PM CET | Health & Medicine

Press release from: Transparency Market Research

Micro Guide Catheters Market

Micro Guide Catheters Market

Boston Scientific Corporation, Cardinal Health, and Medtronic have been the leaders in the global micro guide catheters market for 2015. Their collective share of 50.3% in the global micro guide catheters market in terms of value is a part of a highly consolidated market, where the globally prominent entities hold the higher stakes and control.

As stated by Transparency Market Research, the competitive edge in the global micro guide catheters market is expected to remain fairly sharp over the coming years, due to the presence of a large number of globally prominent players in all key geographies of the market. The threat of new entrants on the other hand is likely to remain very low due to the cost and proprietary nature of technology that key players already hold. The global micro guide catheter market is projected to expand at a CAGR of 7.5% from 2016 to 2024 to reach US$242.0 mn by the end of 2024. The market was also calculated to reach US$136.3 mn at the end of 2016.

This 165 page report gives readers a comprehensive overview of the Micro Guide Catheters Market. Browse through 24 data tables and 62 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/micro-guide-catheters-market.html

One of the leading factors currently working in favor of the global micro guide catheters market is the growing number of people falling prey to aneurysms or other types of vascular diseases. The America Heart Association, for instance, had stated that each year, close to 17.3 mn people die due to cardiovascular diseases. This number is expected to increase further to 23.6 mn per year by the end of 2030. This staggeringly growing patient pool is the primary target for the players in the global micro guide catheters market, thereby spurring several of them into advancing their products at a much faster rate,” states a TMR analyst.

The global micro guide catheters market is also being driven by the growing adoption rates of minimally invasive tools. The increasing geriatric demographic is a prime cause of the growing demand for pain-free and minimally invasive surgical options. The proliferation of these technologies into the global micro guide catheters market has allowed players to significantly boost their demand volumes over the recent years. The global micro guide catheters market is also being driven by the increasing expenditure on the healthcare industry, especially in developing economies. This is encouraging globally prominent players to enter these regions and ramp up the provision of quality products.

Get accurate market forecast and analysis on the Micro Guide Catheters Market. Request a sample to stay abreast on the key trends impacting this market: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11966

One of the two top factors restraining the global micro guide catheters market today is the overall lack of reimbursement policies surrounding the use of these devices. This problem is especially prominent in developing economies, where a large percentage of the patient pool eligible for these products cannot afford them on their own. This was already witnessed earlier, when the sales figures of Terumo Corporation went down in Japan after several changes in the government’s reimbursement policies removed their micro guide catheters products from coverage. The global micro guide catheters market is also being held back by the growing loss of sales due to a high volume of product recalls that were recently made. The recall in 2016 was a shock to Medtronic as well as consumers, considerably reducing the level of trust and sales for the company.

“While the current scope of applications in the global micro guide catheters market can be limiting the players in terms of overall demand, the market’s future seems very bright in this aspect. This applies especially to micro guide catheters that are generating a sizeable interest in several expansive applications, such as in cancer and in peripheral vascular diseases,” adds the analyst.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact us:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Micro Guide Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 here

News-ID: 596873 • Views: 104

More Releases from Transparency Market Research

Wind Turbine Operations and Maintenance Market Demand and Growth Analysis with F …
Overview TMR’s report on the Wind Turbine Operations and Maintenance Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Wind Turbine Operations and Maintenance Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Wind
Petroleum Coke Market Shares, Strategies and Opportunities 2020
Overview TMR’s report on the Petroleum Coke Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Petroleum Coke Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Petroleum Coke Market over the forecast period.
Bunker Fuel Market Segmentation and Forecast Analysis up to 2020
Overview TMR’s report on the Bunker Fuel Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Bunker Fuel Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Bunker Fuel Market over the forecast period.
Concentrated Solar Power Market Detailed Analysis and Forecast up to 2020
Overview TMR’s report on the Concentrated Solar Power Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Concentrated Solar Power Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Concentrated Solar Power Market over

All 5 Releases


More Releases for Micro

Global Micro Scales Market Research
Global Micro Scales Market Research Micro Scales advertise is foreseen to develop at a CAGR of XX% by 2023, as per another Global Micro Scales Market Research report distributed by Research Vector Inc. The report fragments the market and gauges its size, by volume and esteem, based on application, side-effects, and by geology (North America, Europe, Asia-Pacific, MEA and South America). The Global Market for Micro Scales to 2023 offers
Global Micro Welding Equipment Market 2018 | Pro-Fusion, OR Laser, Micro Product …
This report studies the global Micro Welding Equipment market status and forecast, categorizes the global Micro Welding Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). . . – Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1844824 ' ' The global Micro Welding Equipment market is valued
Digital Assurance Market Analysis 2018 And Global Top Vendors Profile Micro Focu …
The Global Digital Assurance Market accounted for USD 2.81 billion in 2017 and is projected to grow at a CAGR of 14.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Global Digital Assurance Market By Testing Mode (Manual testing and Test automation), By Testing Type (Application Programming Interface
Micro Inverter Market
Global Micro Inverter Market would reach $2.7 billion by 2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe, according to a new report published by Allied Market Research.The presence of key market players in the U.S. and rising micro inverter installation activities, primarily in residential sector, have fueled the market growth. Swift rise in demand for greater efficiency of
2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/ …
ResearchMoz presents this most up-to-date research on "2017 - 2020: Small Animal Imaging Global Market (Micro-CT, Micro-MRI, Micro-PET/SPECT, Multimodal, Micro-Ultrasound and Micro-PAT)". Small animal imaging technology has marked itself as the most useful tool in preclinical research globally. The technology has proved to be of great importance in developmental biology studies and drug development research programs. Being non-invasive, longitudinal studies are possible with accurate and detailed analysis. The global small animal
What is Scalp Micro Pigmentation?
Micro Scalp Pigmentation also know as Scalp Micro Pigmentation which is offered by Phuket Hair Clinic in Thailand. This procedure is ideal for people wanting a long term hair loss solution and having a lovely holiday on the island of Phuket at the same time. Micro Scalp Pigmentation is a method of depositing pigment into the dermal layer of the skin on the scalp, which replicates hair follicles. When viewed from