Market Overview:
The global coronary 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 diseases, technological advancements in coronary microcatheters, and rising demand for minimally invasive procedures. Based on type, the global coronary microcatheters market is segmented into 135cm and 150cm segments. The 135cm segment is expected to account for a larger share of the global market than the 150cm segment during the forecast period. This can be attributed to its lower cost and easy availability as compared with 150cm-length catheters. Based on application, the global coronary microcatheter market is divided into clinic, hospital, and other applications segments. The clinic segment accounted for a larger share of this market than other application segments in 2017 owing to its growing use in diagnostic procedures such as percutaneous transluminal angioplasty (PTA) and percutaneous coronary intervention (PCI).
Product Definition:
A coronary microcatheter is a thin, flexible tube that doctors use to navigate through the blood vessels in your heart. They can use a coronary microcatheter to place stents or other devices in your heart.
135cm:
135cm is the measurement from the center of one heart beat to the center of another. It's a standard unit used for measuring blood vessel diameter. The higher the number, generally signifies a larger blood vessel and lower value indicates smaller vessels.
The 135 cm coronary microcatheters market size was estimated at USD 171 million in 2015.
150cm:
150 cm is the most commonly used microcatheter length. It is also known as short catheter or mini-catheter and it’s length generally varies between 90 to 110 mm. The shorter the better, in terms of quality of care provided by a microcatheter, since it allows for easier insertion into blood vessels with minimum damage to surrounding tissues.
Application Insights:
The others application segment includes home healthcare, clinics and hospitals. The clinic segment dominated the overall market in terms of revenue in 2017. Coronary microcatheters used for treatment are majorly advanced 150cm and 200cm types which are suitable for single-site procedures. These devices have been designed to enable better visualization of the target site as well as reduce risk during procedures, such as angiography or electrophysiology studies.
Hospital is expected to be the fastest-growing application over the forecast period owing to increasing demand for coronary microcatheters from cardiovascular surgeons during CABG surgeries performed at hospitals worldwide. In addition, these devices help reduce hospital stay duration by limiting complications associated with large vessel disease or hardto-access arteries thus leading to reduced cost of care per unit time (inflation adjusted). Moreover, rising awareness about benefits associated with CABG surgery coupled with growing government support towards this procedure is anticipated fuel growth over the forecast period globally.
Regional Analysis:
North America dominated the global coronary microcatheters market in 2017. This can be attributed to favorable reimbursement policies, high adoption of CABG procedures, and presence of well-established healthcare facilities in the region. Moreover, increasing prevalence of heart diseases is also expected to drive growth during the forecast period. According to a study published by National Center for Health Statistics (NCHS), around 629,942 people had undergone CABG surgeries from 2011 to 2014; an increase of 4% compared with 2005 through 2009.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and economic development in emerging countries such as China and India which are majorly contributing towards market growth due to their large population base suffering from cardiovascular diseases like coronary heart disease (CHD).
Growth Factors:
- Increasing incidence of coronary artery diseases (CAD)
- Rising demand for minimally invasive procedures
- Technological advancements in coronary microcatheters
- Growing preference for percutaneous coronary interventions (PCI) over traditional open heart surgery procedures
- Rising healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Coronary Microcatheters Market Research Report
By Type
135cm, 150cm
By Application
Clinic, Hospital, Others
By Companies
Merit Medical Systems, Integer®Holdings Corporation, Teleflex Incorporated, Terumo Corporation, Boston Scientific Corporation, Asahi Intecc USA, Inc., Ivascular SLU, Balton, Medtronic
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Coronary Microcatheters Market Report Segments:
The global Coronary Microcatheters market is segmented on the basis of:
Types
135cm, 150cm
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
Clinic, Hospital, 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:
- Merit Medical Systems
- Integer®Holdings Corporation
- Teleflex Incorporated
- Terumo Corporation
- Boston Scientific Corporation
- Asahi Intecc USA, Inc.
- Ivascular SLU
- Balton
- Medtronic
Highlights of The Coronary 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:
- 135cm
- 150cm
- By Application:
- Clinic
- Hospital
- 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 Coronary 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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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?
A coronary microcatheter is a small, thin tube that is inserted into an artery in the heart to measure blood pressure or to inject medications.
Some of the major companies in the coronary microcatheters market are Merit Medical Systems, Integer®Holdings Corporation, Teleflex Incorporated, Terumo Corporation, Boston Scientific Corporation, Asahi Intecc USA, Inc., Ivascular SLU, Balton, Medtronic.
The coronary 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 Coronary 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 Coronary Microcatheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coronary 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 Coronary 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 Coronary Microcatheters Market Size & Forecast, 2020-2028
4.5.1 Coronary Microcatheters Market Size and Y-o-Y Growth
4.5.2 Coronary Microcatheters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 135cm
5.2.2 150cm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Clinic
6.2.2 Hospital
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coronary 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 Coronary 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 135cm
9.6.2 150cm
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 Market Size Forecast by Applications
9.10.1 Clinic
9.10.2 Hospital
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 135cm
10.6.2 150cm
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 Market Size Forecast by Applications
10.10.1 Clinic
10.10.2 Hospital
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 135cm
11.6.2 150cm
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 Market Size Forecast by Applications
11.10.1 Clinic
11.10.2 Hospital
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 135cm
12.6.2 150cm
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 Market Size Forecast by Applications
12.10.1 Clinic
12.10.2 Hospital
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 135cm
13.6.2 150cm
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) Market Size Forecast by Applications
13.10.1 Clinic
13.10.2 Hospital
13.10.3 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 Coronary Microcatheters Market: Competitive Dashboard
14.2 Global Coronary Microcatheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Merit Medical Systems
14.3.2 Integer®Holdings Corporation
14.3.3 Teleflex Incorporated
14.3.4 Terumo Corporation
14.3.5 Boston Scientific Corporation
14.3.6 Asahi Intecc USA, Inc.
14.3.7 Ivascular SLU
14.3.8 Balton
14.3.9 Medtronic
