DUBLIN--(BUSINESS WIRE)--The "Global
Micro Guided Catheter Market - Segmented by Product Type, Indication,
End-users, and Geography - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.
The global micro guided catheter market is expected to register a CAGR
of about 7.6% over the forecast period 2018-2023. North America is
expected to maintain dominance.
Technological Advancements
Remote controlled catheter navigation systems have recently been
introduced into minimally invasive vascular surgery and some of them
have already been applied in clinical practice.
Steerable catheters are rapidly evolving and still require technological
refinements to extend current capabilities. This will act as driver for
the market growth in the forecast period.
Other factors that will affect market growth positively include increase
in adoption of minimally invasive surgeries,
Significant Product Recalls
Major companies like Medtronic and Stryker are recalling their micro
guide catheter products from the market. Strykers neurovascular division
recalled for Boston Scientifics Guider guide catheter it distributes
over issues with an incomplete seal that could lead to blood loss.
These factors affect the image of these products and hence the
perception of user and healthcare providers towards the products. These
will be detrimental to the growth micro guide catheters market and will
act as a restraint for the market.
Other factors that will act as restraints for the market include lack of
reimbursement policies in emerging markets.
Key Development in the Market
-
FDA has granted Teleflex clearance to market its TrapLiner catheter, a
device designed for use in accessing the peripheral and coronary
vasculature along with guide catheters. The device comes with an
integrated balloon to allow a standard 0.014-inch guide wire to be
trapped inside a guide catheter.
Companies Featured
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Asahi Intecc Co. Ltd.
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Boston Scientific Corporation
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Cardinal Health
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Cook Medical
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Integer Holdings Corporation
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Koninklijke Philips N.V.
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Medtronic PLC
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Merit Medical Systems Inc.
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Penumbra Inc.
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Terumo Europe N.V.
Key Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/c3z358/micro_guided?w=4