Market Overview:
The global aspiration microcatheters market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular and neurovascular diseases, rising demand for minimally invasive procedures, and technological advancements in aspiration microcatheters. Based on type, the global aspiration microcatheters market is segmented into single lumen microcatheters and double lumen microcatheters. Single lumen microcatheters are more common than double lumen catheter and are used for a variety of applications such as cardiovascular, neurovascular, peripheral vascular, oncology, and others. Double lumen catheter has two lumens that allow two separate interventions to be performed through a single insertion point which reduces procedure time and trauma caused to patients.
Product Definition:
Aspiration microcatheters are used to aspirate (remove) fluids or material from a body cavity. They are often used to remove blood clots, pus, or other debris from a wound.
Single Lumen Microcatheters:
Single lumen microcatheters are used for medical procedures where a single hollow tube is inserted into the body. The light from the end of this tube can be used to see inside the body and help doctors and surgeons perform surgeries or other medical procedures with greater precision.
Double Lumen Microcatheters:
Double lumen microcatheters are used for medical purpose to insert a needle into the blood vessel. It is an instrument that consists of two hollow tubes joined by a flexible hose. One end of the tube is attached to the injection site while other end is connected to syringe or surgical tool.
Application Insights:
The cardiovascular segment dominated the global aspiration microcatheters market in 2017. This can be attributed to a high prevalence of cardiovascular diseases and rising demand for minimally invasive procedures for treatment. According to data published by WHO, in 2016, out of 17 million deaths globally, about 37% were caused by CVDs. In addition, as per the National Center for Biotechnology Information (NCBI) around 31% of adults have at least one risk factor associated with Cardiovascular Diseases (CVD). Thus, increasing incidence rates coupled with growing awareness regarding early diagnosis is expected to drive the demand for microcatheters over the forecast period.
Oncology is anticipated to be one of the fastest-growing segments during the forecast period owing to factors such as increasing cancer cases and technological advancements that have led towards an increase in adoption rate among hospitals and healthcare providers across various regions worldwide.
Regional Analysis:
North America dominated the global aspiration microcatheters market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of chronic diseases, rising preference for minimally invasive surgeries and high healthcare expenditure in the region. In addition, growing number of centers that perform ASCs procedures is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to factors such as improving healthcare infrastructure and economic development in emerging countries like China & India which are majorly targeted by many international companies for expansion purposes due to availability of skilled labor at cheaper costs along with easy access to raw materials & components required for manufacturing medical devices & ascetic products including aspiration microcatheters. Moreover, these countries have a large base of target population requiring treatment options other than those offered by traditional methods due their high incidence rate of cardiovascular disorders and cancer which further boosts product demand during this period (2016-2030).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Technological advancements in microcatheter design and manufacturing
- Growing demand for minimally invasive procedures
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Aspiration Microcatheters Market Research Report
By Type
Single Lumen Microcatheters, Double Lumen Microcatheters
By Application
Cardiovascular, Neurovascular, Peripheral Vascular, Oncology, Others
By Companies
Acrostak, Asahi Intecc USA, Boston Scientific Corporation, Cardiovascular Systems, Cook Medical, Embolx, Medtronic, Merit Medical Systems, Penumbra, Reflow Medical, Acrostak, Teleflex, Terumo Medical, Transit Scientific, Integer Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Aspiration Microcatheters Market Report Segments:
The global Aspiration Microcatheters market is segmented on the basis of:
Types
Single Lumen Microcatheters, Double Lumen Microcatheters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cardiovascular, Neurovascular, Peripheral Vascular, Oncology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acrostak
- Asahi Intecc USA
- Boston Scientific Corporation
- Cardiovascular Systems
- Cook Medical
- Embolx
- Medtronic
- Merit Medical Systems
- Penumbra
- Reflow Medical
- Acrostak
- Teleflex
- Terumo Medical
- Transit Scientific
- Integer Holdings
Highlights of The Aspiration Microcatheters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Lumen Microcatheters
- Double Lumen Microcatheters
- By Application:
- Cardiovascular
- Neurovascular
- Peripheral Vascular
- Oncology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aspiration Microcatheters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aspiration microcatheters are a type of catheter that is inserted into the lungs to allow doctors and nurses to draw air or fluid samples.
Some of the major players in the aspiration microcatheters market are Acrostak, Asahi Intecc USA, Boston Scientific Corporation, Cardiovascular Systems, Cook Medical, Embolx, Medtronic, Merit Medical Systems, Penumbra, Reflow Medical, Acrostak, Teleflex, Terumo Medical, Transit Scientific, Integer Holdings.
The aspiration microcatheters market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aspiration Microcatheters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aspiration Microcatheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aspiration Microcatheters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aspiration Microcatheters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aspiration Microcatheters Market Size & Forecast, 2018-2028
4.5.1 Aspiration Microcatheters Market Size and Y-o-Y Growth
4.5.2 Aspiration Microcatheters Market Absolute $ Opportunity
Chapter 5 Global Aspiration Microcatheters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aspiration Microcatheters Market Size Forecast by Type
5.2.1 Single Lumen Microcatheters
5.2.2 Double Lumen Microcatheters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aspiration Microcatheters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aspiration Microcatheters Market Size Forecast by Applications
6.2.1 Cardiovascular
6.2.2 Neurovascular
6.2.3 Peripheral Vascular
6.2.4 Oncology
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aspiration Microcatheters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aspiration Microcatheters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aspiration Microcatheters Analysis and Forecast
9.1 Introduction
9.2 North America Aspiration Microcatheters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aspiration Microcatheters Market Size Forecast by Type
9.6.1 Single Lumen Microcatheters
9.6.2 Double Lumen Microcatheters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aspiration Microcatheters Market Size Forecast by Applications
9.10.1 Cardiovascular
9.10.2 Neurovascular
9.10.3 Peripheral Vascular
9.10.4 Oncology
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aspiration Microcatheters Analysis and Forecast
10.1 Introduction
10.2 Europe Aspiration Microcatheters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aspiration Microcatheters Market Size Forecast by Type
10.6.1 Single Lumen Microcatheters
10.6.2 Double Lumen Microcatheters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aspiration Microcatheters Market Size Forecast by Applications
10.10.1 Cardiovascular
10.10.2 Neurovascular
10.10.3 Peripheral Vascular
10.10.4 Oncology
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aspiration Microcatheters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aspiration Microcatheters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aspiration Microcatheters Market Size Forecast by Type
11.6.1 Single Lumen Microcatheters
11.6.2 Double Lumen Microcatheters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aspiration Microcatheters Market Size Forecast by Applications
11.10.1 Cardiovascular
11.10.2 Neurovascular
11.10.3 Peripheral Vascular
11.10.4 Oncology
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aspiration Microcatheters Analysis and Forecast
12.1 Introduction
12.2 Latin America Aspiration Microcatheters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aspiration Microcatheters Market Size Forecast by Type
12.6.1 Single Lumen Microcatheters
12.6.2 Double Lumen Microcatheters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aspiration Microcatheters Market Size Forecast by Applications
12.10.1 Cardiovascular
12.10.2 Neurovascular
12.10.3 Peripheral Vascular
12.10.4 Oncology
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aspiration Microcatheters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aspiration Microcatheters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aspiration Microcatheters Market Size Forecast by Type
13.6.1 Single Lumen Microcatheters
13.6.2 Double Lumen Microcatheters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aspiration Microcatheters Market Size Forecast by Applications
13.10.1 Cardiovascular
13.10.2 Neurovascular
13.10.3 Peripheral Vascular
13.10.4 Oncology
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aspiration Microcatheters Market: Competitive Dashboard
14.2 Global Aspiration Microcatheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acrostak
14.3.2 Asahi Intecc USA
14.3.3 Boston Scientific Corporation
14.3.4 Cardiovascular Systems
14.3.5 Cook Medical
14.3.6 Embolx
14.3.7 Medtronic
14.3.8 Merit Medical Systems
14.3.9 Penumbra
14.3.10 Reflow Medical
14.3.11 Acrostak
14.3.12 Teleflex
14.3.13 Terumo Medical
14.3.14 Transit Scientific
14.3.15 Integer Holdings
