The Asia Pacific Microcatheter Market would witness market growth of 6.3% CAGR during the forecast period (2022-2028).
Catheters can be put into a cavity, duct, or vessel as well as into the skin, brain, or adipose tissue. Depending on the type, they can be employed for fluid administration, drainage, surgical instrumentation, and other purposes.
Certain kinds of catheters, also referred to as probes, are employed in preclinical and clinical research to collect samples of hydrophilic and lipophilic compounds, protein-bound and unbound pharmaceuticals, proteins and peptides, neurotransmitters, antibodies, enzymes, nanoparticles and nanocarriers, and vesicles.
Among the polymers used in the production of catheters are silicone rubber, polyurethane, latex, polyethylene terephthalate (PET), nylon, and thermoplastic elastomers. Silicone is one of the most often used implant materials because it is neutral and unreactive to human fluids as well as a number of medical fluids with which it may come into contact.
Reduced family size, lessened traditional family unity, changes in living arrangements, rapid economic growth, rapid urbanization and industrialization, and massive rural-to-urban migration have all posed major challenges to the health and well-being of older adults in China over the last four decades. China is ageing significantly faster than virtually any other country in recent history, and it has long been the country with the biggest population of elderly adults. The high rate of infection in the prostate enhances which tend to surgeries which propel the usage of catheters market.
The China market dominated the Asia Pacific Microcatheter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $77.6 million by 2028. The Japan market is estimated to grow a CAGR of 5.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.9% during (2022 - 2028).
Based on Product, the market is segmented into Delivery, Diagnostic, Aspiration and Steerable. Based on Product Design, the market is segmented into Dual –Lumen and Single Lumen. Based on End User, the market is segmented into Hospitals, Surgical Centers & Specialty Clinics and Ambulatory Care Centers. Based on Application, the market is segmented into Cardiovascular, Neurovascular, Peripheral Vascular and Oncology. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Microcatheter Market is Projected to reach USD 1.1 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Johnson & Johnson, Becton, Dickinson and Company, Boston Scientific Corporation, Terumo Corporation, Teleflex, Inc., Stryker Corporation, Merit Medical Systems, Inc., Cardinal Health, Inc., and Cook Medical, Inc. (Cook Group).
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