The global micro guide catheters market is anticipated to grow at a considerable CAGR of around 7% during the forecast period (2024-2031). The growing demand for minimally invasive medical procedures due to technological advancements and innovations is accepted to boost the global micro guide catheters market. Furthermore, the rising demand for angioplasty over conventional surgeries attributed to its minimally invasive nature and improved results by it has surged the patients to opt for minimally invasive procedures with new technologies. In addition, when getting minimally invasive surgery treatment this is with less pain, a shorter hospital stay, and fewer complications.
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Micro guided catheters, when used in minimally invasive surgery, treat arterial, venal, and vascular bypass grafts. Moreover, increasing initiatives and product launches from the key market players and other companies and regular approvals for the catharses are anticipated to propel the micro guide catheter’s market growth further over the forecast period. For instance,
- In April 2022, Transit Scientific received Food and Drug Administration (FDA) approval for its XO Cross Support Catheter Platform to include coronary use. The company has also launched a 2-F coronary XO Cross 014 microcatheter for use with standard 0.014-inch guide wires in 90-, 135-, 150-, and 175-cm working lengths.
- In April 2021, Seigla Medical has approved with CE Mark for its Liquid Guide catheter extension that is used during coronary and peripheral vasculature interventions. These tools are used to aid in the delivery of stents and other interventional devices.
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Market Coverage
- Segment Covered-
o By Type
o By Indication
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- B. Braun Melsungen AG, Becton Dickinson and Co., Cardinal Health, Inc., Terumo Medical Corp., Stryker Corp., Penumbra Inc., Medtronic PLC, Intra Special Catheters GmbH, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Micro guide catheters Market Report Segment
By Type
- Over-The-Wire
- Flow-Directed
By Indication
- Cardiovascular
- Neurovascular
- Urology
- Others
By End-User
- Hospitals
- Specialty Clinics
- Ambulatory Surgery Centers
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