Microcatheter Market Observe Significant Growth Of USD 2.85 Billion By 2030Posted by Neha Bora on May 24th, 2024 San Francisco, 24 May 2024: The Report Microcatheter Market Size, Share & Trends Analysis Report By Product Design (Single Lumen, Dual Lumen), By Product (Delivery Microcatheters, Aspiration Microcatheters), By Application (Cardiology, Neurology), By Region, And Segment Forecasts, 2024 - 2030 The global microcatheter market size is expected to reach USD 2.85 billion by 2030, registering a CAGR of 4.52% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing prevalence of chronic disorders and increasing demand for minimally invasive procedures are driving the market. Increase in the incidence of chronic disorders in several countries is anticipated to impact the market growth over the forecast period. For instance, as per the facts published by WHO in 2018, every year 41 million deaths (71%) are reported due to chronic disorders and it is the leading cause of mortality and disability globally. Thus, increasing number of patients suffering from chronic disorders is significantly driving the market. In addition, technological advancements in the treatment of heart diseases and strokes are expediting overall market growth. For instance, development of steerable microcatheters, which offer an alternative approach to traditional microcatheters and can articulate up to 180 degrees in opposing directions, has fueled the market growth. Furthermore, increasing awareness about chronic conditions such as heart disease and strokes has resulted in the early diagnosis and treatment of disease. Globally, several initiatives have been introduced by the governments of various nations to improve public awareness. For instance, WHO has launched the “Global action plan for the prevention and control of NCDs 2013 - 2020” nationwide for the prevention and management of chronic disorders. Access Research Report of Microcatheter Market @ https://www.grandviewresearch.com/industry-analysis/microcatheters-market Microcatheters Market Report Highlights
Microcatheter Market Report Scope
List of Key Players in the Microcatheter Market
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