Europe Microcatheters Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Indication (Neurovascular, Coronary, and General Peripheral Vascular) and End User (Hospitals, Specialty Clinics, and Ambulatory Surgical Centers)
Market Introduction
Micro-catheters are described as thin wall, small diameter catheters and delivery devices used in minimally invasive applications. These small catheters are ideal for navigating the vast network of tiny veins found within the body.
Get more information on this report :
Market Overview and Dynamics
The Europe microcatheters market is expected to reach US$ 193.11 million by 2027 from US$ 107.15 million in 2019; it is estimated to grow at a CAGR of 7.7% from 2020 to 2027. The market growth is attributed to significantly increasing prevalence of chronic disorders, such as cardiovascular and neurovascular diseases, and rising elderly population across Europe. However, product recall and stringent regulatory requirement, and lack of expert professionals hinder the market growth.
According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the most prominent cause of morbidity and mortality across the world. The CVDs include cerebrovascular disease, coronary heart disease, rheumatic heart disease, and so on. According to the European Cardiovascular Disease Statistics 2017, CVDs causes 3.9 million deaths and more than 1.8 million deaths in the European Union (EU) every year. Therefore, the significantly rising incidence of CVDs across Europe is likely to propel the demand for devices, such as microcatheters, that are required to treat these diseases. In addition, in the recent years, the prevalence of neurological disorders such as cerebral aneurysm has increased significantly across Europe, which fuelled the demand for microcatheters used in their treatment procedures. Also, the rising geriatric population leads to rise in cardiovascular disease and neurological disease, which is contributing to the growth of the Europe microcatheters market.
The European economy is severely affected due to the exponential growth in the number of COVID-19 confirmed cases in the region. Regulatory bodies in the region are taking preventive measures such as complete quarantine and shutdown of all business operations. In March 2020, the European Medicines Agency established a managing committee to deal with the impact of COVID-19 outbreak on the supply chain of medicines and devices. However, due to the fear of infection in patients as well as doctors, people are refraining from hospitals and planned surgeries. These factors are disrupting the overall manufacturing and marketing of microcatheters, which would restrain the growth of the Europe microcatheters market during the forecast period.
Key Market Segments
The Europe microcatheters market, by indication, is segmented into neurovascular, coronary, and general peripheral vascular. The coronary segment held the largest share of the market in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on end user, the Europe microcatheters market is segmented into hospitals, specialty clinics, and ambulatory surgical centers. The hospitals segment held the largest share of the market in 2019, and the same segment is estimated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
A few of the primary and secondary sources associated with this report on the Europe microcatheters market are the Federation of Italian Medical and Scientific Societies (F.I.S.M), Societa Italiana Di Neuroscienze (SINS), and World Stroke Organization (WSO).
Reasons to buy the report
- Determine prospective investment areas based on a detailed trend analysis Europe microcatheters market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
- Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels driving the Europe microcatheters market, providing a clear picture of future opportunities that will help Analyze, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Europe microcatheters market.
EUROPE MICROCATHETERS MARKET SEGMENTATION
By Indication
- Neurovascular
- Coronary
- General Peripheral Vascular
By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
By Country
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- Boston Scientific Corporation
- Medtronic
- Merit Medical Systems Inc
- Terumo Corporation
- Asahi Intecc USA, Inc.
- Penumbra, Inc
- Stryker Corporation
- Teleflex Incorporated
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Microcatheters Market – By Indication
1.3.2 Europe Microcatheters Market – By End User
1.3.3 Europe Microcatheters Market – By Country
2. Microcatheters Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Microcatheters Market– Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe– PEST Analysis
4.3 Expert Opinions
5. Europe Microcatheter Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Escalating Prevalence of Cardiovascular Diseases
5.1.2 Increasing Incidence of Neurovascular Diseases
5.1.3 Surge in Elderly Population
5.2 Key Market Restraints
5.2.1 Product Recall and Stringent Regulatory Requirements
5.2.2 Lack of Expert Professionals
5.3 Future Trends
5.3.1 Rising Demand for Minimally Invasive Procedures
6. Microcatheters Market – Europe Analysis
6.1 Europe Microcatheters Market Revenue Forecast and Analysis
7. Microcatheters Market Analysis – By Indication
7.1 Overview
7.2 Microcatheters Market Revenue Share, by Indication (2019 and 2027)
7.3 Coronary
7.3.1 Overview
7.3.2 Coronary: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Neurovascular
7.4.1 Overview
7.4.2 Neurovascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
7.5 General Peripheral Vascular
7.5.1 Overview
7.5.2 General Peripheral Vascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
8. Microcatheters Market Analysis – By End User
8.1 Overview
8.2 Microcatheters Market Share, by End User, 2019 and 2027, (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Specialty Clinics
8.4.1 Overview
8.4.2 Specialty Clinics: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Ambulatory Surgical Centres
8.5.1 Overview
8.5.2 Ambulatory Surgical Centers: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
9. Microcatheters Market – Europe Analysis
9.1 Europe: Microcatheters Market
9.1.1 Overview
9.1.2 Europe: Microcatheters Market, by Country, 2019 & 2027 (%)
9.1.3 Germany: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.3.1 Germany: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.4 Germany: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
9.1.5 Germany: Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)
9.1.6 France: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.6.1 France: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.7 France: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
9.1.8 France: Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)
9.1.9 UK: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.9.1 UK: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.10 UK: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
9.1.11 UK: Microcatheters Market, by End User – Revenue and Forecast to 2027 (USD Million)
9.1.12 Italy: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.12.1 Italy: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.13 Italy: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
9.1.14 Italy: Microcatheters Market, by End User – Revenue and Forecast to 2027 (USD Million)
9.1.15 Spain: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.15.1 Spain: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
9.1.16 Spain: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
9.1.17 Spain: Microcatheters Market, by End User – Revenue and Forecast to 2027 (USD Million)
10. Impact of COVID-19 Pandemic on Europe Microcatheters Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Microcatheters Market – Industry Landscape
11.1 Overview
11.2 Organic Developments
11.2.1 Overview
11.3 Inorganic Developments
11.3.1 Overview
12. Company Profiles
12.1 Boston Scientific Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Medtronic
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Merit Medical Systems Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Terumo Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Asahi Intecc USA, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Penumbra, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Stryker Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Teleflex Incorporated
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
Table 2. Germany: Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 3. France: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
Table 4. France: Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)
Table 5. UK: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
Table 6. UK: Microcatheters Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 7. Italy: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
Table 8. Italy: Microcatheters Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 9. Spain: Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)
Table 10. Spain: Microcatheters Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 11. Organic Developments Done by Companies
Table 12. Inorganic Developments Done by Companies
Table 13. Glossary of Terms, Microcatheters Market
LIST OF FIGURES
Figure 1. Microcatheters Market Segmentation
Figure 2. Microcatheters Market, By Country
Figure 3. Europe Microcatheters Market Overview
Figure 4. The Coronary Segment Is Expected to Grow Faster by Indication Segment in Microcatheters Market
Figure 5. Europe Microcatheters Market- Leading Country Markets (USD Million)
Figure 6. Europe PEST Analysis
Figure 7. Microcatheter Market Impact Analysis of Driver and restraint
Figure 8. Europe Microcatheters Market – Revenue Forecast and Analysis – 2019- 2027
Figure 9. Microcatheters Market Revenue Share, by Indication (2019 and 2027)
Figure 10. Coronary: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Neurovascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. General Peripheral Vascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Microcatheters Market Share, by End User, 2019 and 2027 (%)
Figure 14. Hospitals Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Specialty Clinics: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Ambulatory Surgical Centers: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Europe: Microcatheters Market, by Key Country – Revenue (2019) (USD Million)
Figure 18. Europe: Microcatheters Market, by Country, 2019 & 2027 (%)
Figure 19. Germany: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
Figure 20. France: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
Figure 21. UK: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
Figure 22. Italy: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
Figure 23. Spain: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)
Figure 24. Impact of COVID-19 Pandemic on Microcatheters Market in European Countries
The List of Companies - Europe Microcatheters Market
- Boston Scientific Corporation
- Medtronic
- Merit Medical Systems Inc
- Terumo Corporation
- Asahi Intecc USA, Inc.
- Penumbra, Inc
- Stryker Corporation
- Teleflex Incorporated
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe microcatheters market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe microcatheters market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.