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Los Angeles, CA -- (SBWIRE) -- 01/11/2019 -- This report studies the Microcatheter market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report studies the Microcatheter market; the Microcatheter has Microcatheter smaller outside diameters (ODs) and inside diameters (IDs) general catheter.
Micro-catheters are commonly found throughout the medical device and healthcare industries. With companies trying to develop and market products that meet the demanding needs of physicians and healthcare providers around the world
In the next five years, the global consumption of microcatheter will maintain more than 9.8% annual growth rate.
USA is the largest supplier and consumption market of microcatheter, with a sales market share over 47% and sales revenue market share nearly 47.5%.
The second place is Europe; following USA with the sales market share of 22% and the revenue market share over 23%.Japan is another important market of microcatheter, enjoying 10% market share.
Market competition is intense. Boston Scientific, Terumo, Medtronic (Covidien), Codman Neuro, Stryker are the leaders of the industry and hold key technologies and patents, with high-end customers, have been formed in the monopoly position in the industry. However, with further expanding market, there will be more manufactures in the future.
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The global Microcatheter market was 400 million US$ in 2017 and is expected to 720 million US$ by the end of 2025, growing at a CAGR of 7.7% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Microcatheter in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Boston Scientific
Terumo
Medtronic
Codman Neuro
Stryker
Merit Medical
ASAHI INTECC
Navilyst Medical
Cook Medical
ACIST Medical
Volcano
Baylis Medical
Penumbra
Vascular Solutions
By the product type, the market is primarily split into
Cardiovascular
Neurovascular
Others
By the end users/application, this report covers the following segments
Hospitals
Specialty Clinics
Ambulatory Surgery Centers
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