About Radiology Microcatheters
Radiology Microcatheters are tiny hollow tubes that are placed into blood arteries and utilised in a variety of interventional treatments. These are utilised in a variety of diagnostic and therapeutic procedures to deliver various interventional devices to blood arteries. Microcatheters are small 0.70-1.30mm diameter catheters used in complex endovascular operations for guidewire support, exchanges, accessing distant anatomy, crossing lesions, delivering therapeutic embolic, injecting contrast media, and other procedures. The artery microcatheter, urinary microcatheter, neurovascular microcatheter, and peripheral microcatheter are the most often utilised microcatheters. Microcatheters assist in reaching the most intricate venous network.
|High Growth Market||Asia Pacific|
|Unit||Value (USD Million)|
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Radiology Microcatheters market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Medtronic (Ireland), Boston Scientific (United States), Terumo Medical Corporation (United States), Teleflex Inc. (United States), Merit Medical Systems Inc. (United States), Guerbet (France), Cook Medical (United States), Acandis GmbH (Germany), Acrostak (Switzerland) Stryker Corporation (United States) and Asahi Intecc (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Lepu Medical Technology Company (China) and Cerus Endovascular Ltd (United States).
AMA Research has segmented the market of Global Radiology Microcatheters market by Type (Delivery Microcatheters, Aspiration Microcatheters, Diagnostic Microcatheters and Steerable Microcatheters), Application (Cardiovascular, Neurovascular, Peripheral vascular, Oncology and Urology) and Region. On the basis of Type, Dual lumen are dominating the market in the year 2021On the basis of application, Cardiovascular segment is dominating the market in the year 2021
On the basis of geography, the market of Radiology Microcatheters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. If we see Market by Design, the sub-segment i.e. Single lumen will boost the Radiology Microcatheters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Hospitals will boost the Radiology Microcatheters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Radiology Microcatheters Market Dynamics:
- Increase in prevalence of chronic diseases, such as neurovascular and cardiovascular disorders
- Increasing advancements technology
- Cost for treatment procedure is too high
|Road Blocks / Challenges|
- Lack of skilled physicians for handling these new technology
|Gaps & Opportunities|
- Growing penetration in developing countries
In 2021, Medtronic has launched the Prevail drug coated balloon (DCB) Catheter in Europe following CE mark. The Prevail DCB is used during percutaneous coronary intervention (PCI) procedures to treat narrowed or blocked coronary arteries in patients with coronary artery disease.
Key Target AudienceProducer, Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.