Global Neurovascular Catheter Market Report 2023: Sector to Reach $640 Million by 2029 at a 2.7% CAGR


Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Global Neurovascular Catheter Market Size, Share & Trends Analysis 2023-2029 MedCore Includes: Over-The-Wire Microcatheters, Flow-Directed Microcatheters, and 1 more" report has been added to ResearchAndMarkets.com's offering.

The global neurovascular catheter market reached a value of about $530 million in 2022 and is expected to grow at a CAGR of 2.7% to reach $640 million during the forecast period.

The market includes various types of catheters such as over-the-wire microcatheters, flow-directed microcatheters, and neurovascular guiding catheters.

MARKET REPORT DATA TYPES INCLUDED

  • Unit Sales, Average Selling Prices, Market Size & Growth Trends
  • COVID-19 Impact Analysis
  • Market Drivers & Limiters
  • Market Forecasts Until 2029, and Historical Data to 2019
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

GLOBAL NEUROVASCULAR CATHETER MARKET INSIGHTS

One of the main market drivers is the increasing volume of procedures being performed using endovascular techniques, leading to a rise in the number of catheters required. However, the use of neurovascular catheters may face resistance from older-generation neurosurgeons who prefer surgical techniques and are not yet comfortable with endovascular procedures, potentially limiting market growth.

GLOBAL NEUROVASCULAR CATHETER MARKET SHARE INSIGHTS

Within the global market for neurovascular catheter, there are three key market players - Penumbra, Stryker, and Medtronic.

Penumbra held the top position in the global neurovascular catheter market in 2022, with a range of products including the BenchmarkTM071 distal delivery catheter, the PX SLIMT microcatheter, the NeuronTM system, and a series of Penumbra SelectT catheters.

MARKET SEGMENTATION SUMMARY

  • Global Over-the-Wire Microcatheter Market
  • Global Flow-Directed Microcatheter Market
  • Neurovascular Guiding Catheter Market

RESEARCH SCOPE SUMMARY

  • Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)

Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)

  • Base Year: 2022
  • Forecast: 2023-2029
  • Historical Data: 2019-2022
  • Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
  • Qualitative Coverage: COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
  • Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, Internal Database.

Key Topics Covered:

  • Neurovascular Catheter Market
  • Executive Summary
  • Global Neurovascular Catheter Market Overview
  • Competitive Analysis
  • Regions Included
  • Introduction
  • Market Overview
  • By Segment
  • By Region
  • Market Analysis and Forecast
  • Total Neurovascular Catheter Market
  • Over-the-Wire Microcatheter Market
  • Flow-Directed Microcatheter Market
  • Neurovascular Guiding Catheter Market
  • Drivers and Limiters
  • Market Drivers
  • Market Limiters
  • Competitive Market Share Analysis

A selection of companies mentioned in this report includes

  • Penumbra
  • Stryker
  • Medtronic
  • MicroVention
  • Cerenovus
  • Q'apel Medical
  • Balt
  • Acandis
  • Asahi Intecc
  • Cordis
  • SAI Infusion Technologies
  • Scientia Vascular
  • Shanghai Kindly Medical Instruments
  • Tokai Medical Products

For more information about this report visit https://www.researchandmarkets.com/r/28bk25

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