Metal Organic Framework Market Growth Accelerated by Adoption of Micro Guide Catheters
Metal Organic Framework Market Growth Accelerated by Adoption of Micro Guide Catheters
The global Micro Guide Catheters Market is estimated to be valued at US$ 197.83 million in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Micro Guide Catheters are increasingly being used in minimally invasive surgical procedures such as angioplasty, stent placement, and neurovascular interventions for the treatment of various cardiovascular and neurological disorders. Micro Guide Catheters are inserted through an artery or vein and are navigated through the vascular and neurological systems to access complicated areas while minimizing trauma and damage. They provide superior steerability, support, tactile feedback and access to distal neurovasculature. 

Market key trends:

The adoption of Micro Guide Catheters is expected to accelerate at a significant rate over the forecast period, driven by the growing geriatric population and rising incidences of neurological and cardiovascular disorders. Micro Guide Catheters are increasingly being used by physicians during complex endovascular procedures such as intracranial aneurysm coiling and carotid artery stenting as they provide improved accuracy, support and reach to tortuous vessels. Further, technological advancements incorporating laser cut micro-guiding technology have led to the development of highly trackable and steerable micro catheters, augmenting their adoption.

Segment Analysis

The global micro guide catheters market is dominated by coronary micro guide catheters which accounts for over 70% of the market share. Coronary micro guide catheters are widely used in interventional cardiology procedures for accessing coronary arteries and performing minimally invasive procedures such as angioplasty and stent placement. The large market share of coronary micro guide catheters segment is attributed to rising burden of cardiovascular diseases and growing preference for minimally invasive procedures. Neurovascular micro guide catheters are the second largest segment and are used for treatment of cerebral aneurysms.

Key Takeaways

The Global Micro Guide Catheters Market Size is expected to witness high growth over the forecast period supported by rising geriatric population suffering from cardiovascular diseases and growing demand for minimally invasive treatment procedures.

Regional analysis: North America dominates the global micro guide catheters market driven by high incidence of cardiac disorders, favorable reimbursement policies and presence of leading market players. Europe is the second largest regional market supported by increasing healthcare expenditures.

Key players operating in the micro guide catheters market are Terumo Corporation, Boston Scientific Corporation, Medtronic plc., Asahi Intecc co., Ltd, Integer holdings corporation.

Explore more information on this topic, Please visit - 

https://www.insightprobing.com/micro-guide-catheters-market-size-and-trends-analysis/ 

 

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