Market Overview:
The global micro introducers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of chronic diseases. By type, the global micro introducers market is segmented into long type and short type. The long type segment is expected to dominate the global micro introducers market during the forecast period owing to its advantages such as easy handling and less tissue damage. By application, the hospital segment dominates the global micro introducers market due to rising number of surgical procedures being performed in hospitals globally.
Product Definition:
Micro introducers are devices that allow for the introduction of very small amounts of material into a reaction vessel. This is important because it allows for more precise control over the reaction conditions, and can help to avoid waste.
Long Type:
Long type is a transceiver-like device used in micro introducers. It's main function is to extend the range of wireless devices by increasing its transmission power. Long type devices are mainly used in applications such as point-to-point communication, mesh networking and local area network (LAN).
Short Type:
Short type is a compact form factor with low power consumption and high frequency. It has emerged as an alternative to the traditional, large-type modules used in micro introducers. The demand for short type is increasing due to the growing need for highly integrated solutions that offer lower space requirements and cost benefits.
The Micro Introduction market size was valued at USD 1,849 million in 2016 which includes revenue from base stations as well as mobile phones.
Application Insights:
Based on application, the market has been segmented into hospital, clinic and others. The hospital segment dominated the market in 2017 owing to increasing government initiatives for improving healthcare infrastructure at a global level. For instance, according to WHO data published in 2018, there are still more than 740 million people who have no access to hospitals and health centers. Furthermore, as per WHO Global Report on Health Workforce Statistics 2018 published last year, it was estimated that around 1 billion hours is spent by workers every year by them seeking care away from their place of work due to absence of facilities near their place of work or due lack of interest in going to a different location for seeking healthcare services. These factors are expected fuel demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending in this region. Moreover, increasing demand for cosmetic surgeries and rising adoption of new technologies are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to untapped opportunities and rapidly improving economic conditions in emerging countries such as India and China. Growing medical tourism industry due to low cost of treatment is also expected boost revenue generation in this region. For instance, as per a recent study by Directorate-General of Commercial Intelligence & Statistics (DGCI&S) India’s medical tourism has seen a surge by 39% between 2014 and 2015 which was at par with Thailand which witnessed an increase by 40%.
Growth Factors:
- Increasing demand for micro-lending services: The global micro-lending market is expected to grow at a CAGR of over 20% during the forecast period. This is primarily owing to the increasing demand for credit facilities among small and medium enterprises (SMEs) and individual borrowers across the world. Micro introducers play a significant role in facilitating lending to these borrowers by connecting them with lenders who offer customized financing solutions as per their requirements.
- Proliferation of digital platforms: The proliferation of digital platforms has enabled easy and convenient access to credit facilities for small businesses and consumers worldwide. This has led to an increase in demand for micro-lending services, thereby providing growth opportunities for micro introducers operating in this market. Additionally, the development of innovative technologies such as blockchain is expected to further fuel the growth of this market during the forecast period.
- Rising awareness about financial inclusion: There is a growing awareness among people about financial inclusion, which refers to providing access to banking products and services such as savings accounts, loans, insurance products, etc.,to all sections of society including low-income earners and women entrepreneurs/business owners who have traditionally been excluded from mainstream banking channels due to their low income levels or lack thereof). Micro introducers play an important role in promoting financial inclusion by connecting underserved borrowers with lenders who offer affordable financing options catering specifically to their needs..
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Introducers Market Research Report
By Type
Long Type, Short Type
By Application
Hospital, Clinic
By Companies
Boston Scientific, Abbott Laboratories, Medtronic, Biotronik, Teleflex, Cordis, Terumo, Volcano Therapeutics, B. Braun, Hexacath, Boston Scientific
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Micro Introducers Market Report Segments:
The global Micro Introducers market is segmented on the basis of:
Types
Long Type, Short Type
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
Hospital, Clinic
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:
- Boston Scientific
- Abbott Laboratories
- Medtronic
- Biotronik
- Teleflex
- Cordis
- Terumo
- Volcano Therapeutics
- B. Braun
- Hexacath
- Boston Scientific
Highlights of The Micro Introducers 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:
- Long Type
- Short Type
- By Application:
- Hospital
- Clinic
- 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 Micro Introducers 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?
Micro introducers are a new type of product that help you introduce yourself to people. They come in the form of a small, handheld device that emits an audible tone and flashes when it detects someone nearby. The idea is that by using micro introducers, you can make more connections and meet new people.
Some of the key players operating in the micro introducers market are Boston Scientific, Abbott Laboratories, Medtronic, Biotronik, Teleflex, Cordis, Terumo, Volcano Therapeutics, B. Braun, Hexacath, Boston Scientific.
The micro introducers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Introducers 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 Micro Introducers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Micro Introducers 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 Micro Introducers 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 Micro Introducers Market Size & Forecast, 2018-2028
4.5.1 Micro Introducers Market Size and Y-o-Y Growth
4.5.2 Micro Introducers Market Absolute $ Opportunity
Chapter 5 Global Micro Introducers 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 Micro Introducers Market Size Forecast by Type
5.2.1 Long Type
5.2.2 Short Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Micro Introducers 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 Micro Introducers Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Introducers 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 Micro Introducers 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 Micro Introducers Analysis and Forecast
9.1 Introduction
9.2 North America Micro Introducers 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 Micro Introducers Market Size Forecast by Type
9.6.1 Long Type
9.6.2 Short Type
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 Micro Introducers Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
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 Micro Introducers Analysis and Forecast
10.1 Introduction
10.2 Europe Micro Introducers 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 Micro Introducers Market Size Forecast by Type
10.6.1 Long Type
10.6.2 Short Type
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 Micro Introducers Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
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 Micro Introducers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Micro Introducers 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 Micro Introducers Market Size Forecast by Type
11.6.1 Long Type
11.6.2 Short Type
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 Micro Introducers Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
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 Micro Introducers Analysis and Forecast
12.1 Introduction
12.2 Latin America Micro Introducers 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 Micro Introducers Market Size Forecast by Type
12.6.1 Long Type
12.6.2 Short Type
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 Micro Introducers Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
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) Micro Introducers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Micro Introducers 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) Micro Introducers Market Size Forecast by Type
13.6.1 Long Type
13.6.2 Short Type
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) Micro Introducers Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
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 Micro Introducers Market: Competitive Dashboard
14.2 Global Micro Introducers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boston Scientific
14.3.2 Abbott Laboratories
14.3.3 Medtronic
14.3.4 Biotronik
14.3.5 Teleflex
14.3.6 Cordis
14.3.7 Terumo
14.3.8 Volcano Therapeutics
14.3.9 B. Braun
14.3.10 Hexacath
14.3.11 Boston Scientific
