The Europe Microcatheter Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
A range of medical procedures, including cardiac electrophysiology, angiography, and neurosurgery, involve catheterization as a co-procedure. It is a tube that enters the bladder and permits unrestricted urination. There are many different types of catheters, such as cardiovascular, neurovascular, and specialty catheters.
When regular bladder evacuation is required, catheters are often used for only a few weeks or even months, however occasionally they are required for a longer amount of time. For those who are unable to urinate spontaneously, urinary catheters are employed. They can also be employed to remove the bladder before to or following surgery.
Additionally, the market is anticipated to grow as a result of rising incontinence problems among the world's ageing population as well as rising need for sterilised and disposable catheters. In addition, the industry is growing as a result of numerous significant manufacturers developing novel catheters.
In recent decades, average life expectancy has steadily increased, and there are currently half a million persons in their 90s in the UK, more than twice the amount in 1985. Over half of the citizens of the United Kingdom are predicted to be 50 or older by 2035. These increases, however, have not been accompanied by an increase in life expectancy.
The Germany market dominated the Europe Microcatheter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $79.1 million by 2028. The UK market is anticipated to grow at a CAGR of 4.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.4% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Microcatheter Market will Hit $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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