Microcatheters Market Size
The global microcatheters market is expected to grow steadily from 2023 to 2028. In 2023, the market was worth $874 million. By 2028, it is forecast to be worth $1.142 billion. This represents a compound annual growth rate of 5.5% over the 5-year period.
Advanced healthcare infrastructure, increasing prevalence of chronic diseases, favorable reimbursement policies, technological advancements and research activities, well-established regulatory framework, increasing awareness and adoption of minimally invasive procedures, and presence of key market in developing regions players. The combination of these factors has propelled the growth of the microcatheter market. With ongoing advancements in technology, increased focus on minimally invasive procedures, and a favorable healthcare ecosystem, the market is expected to continue its growth trajectory. However, competition from alternative technologies or treatment modalities, such as drug-eluting stents, drug-coated balloons, or surgical procedure limits the market growth.Advanced healthcare infrastructure, increasing prevalence of chronic diseases, favorable…