The global peripheral micro catheters market size is worth around USD 1,119 million in 2024 and is anticipated to reach around USD 2,181 million by 2034, growing at a CAGR of 6.9% from 2024 to 2034.
Peripheral micro catheters play an important role in complex surgical procedures for drug delivery and the passage of other medical devices. The market is experiencing significant growth due to the increasing prevalence of peripheral vascular disease. However, peripheral vascular micro catheters are used in drug delivery, vascular access, and diagnostic imaging procedures. In addition, the preference for minimally invasive procedures is rising due to their benefits, such as lower risk of complications and reduced recovery time, contributing to market expansion.
The peripheral micro catheters market is projected to grow at the fastest rate in the coming years due to the rising technological advancements. Advances in microcatheter technology led to the innovation of flexible, durable, and compatible microcatheters, which are proven effective in enhancing safety and performance during procedures. Moreover, the rising prevalence of chronic diseases, such as cardiovascular disease (CVD), is expected to boost the market. CVD often requires complex surgical procedures, leading to increased adoption of peripheral microcatheters. It is projected that the peripheral micro catheters market in the Asia Pacific will grow rapidly in the near future, owing to the rising instances of CVD and the growing geriatric population.
Published by Laxmi Narayan
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| Stats ID: | 7124 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
| Stats ID: | 7124 |
| Format: | Databook |
| Published: | December 2024 |
| Delivery: | Immediate |
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