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
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Unit Sales, Average Selling Prices, Market Size & Growth Trends
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COVID-19 Impact Analysis
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Market Drivers & Limiters
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Market Forecasts Until 2029, and Historical Data to 2019
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Recent Mergers & Acquisitions
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Company Profiles and Product Portfolios
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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
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Global Over-the-Wire Microcatheter Market
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Global Flow-Directed Microcatheter Market
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Neurovascular Guiding Catheter Market
RESEARCH SCOPE SUMMARY
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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)