June 11, 2021
According to the research report titled ‘Over-the-Wire Micro-Guide Catheter Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report, global over-the-wire micro-guide catheter market is expected to register significant growth through 2026.
Technological advancements in this business space and rising prevalence of heart and neurovascular disorders are some of the key factors fueling global over-the-wire micro-guide catheter market size.
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For those unaware, over-the-wire micro-guide catheters are basically in-vitro experiments that employ antigen-antibody reaction to identify the concentration of biological substances in the blood. Thus, collective inclination towards minimally invasive procedures is stimulating the overall industry outlook.
Moreover, this technology is widely adopted in bioequivalence and clinical pharmacokinetics experiments as well as in medicinal drug tracking and cancer diagnosis, which in turn is also adding to the overall market size. On the contrary, lack of skilled physicians and high risk of infections could potentially act as a bottleneck to the market growth.
Based on application spectrum, the industry is split into neurovascular, cardiovascular, and others. The end-user reach of this business space comprises of ambulatory surgical centers, clinics, hospitals, and others.
Geographically, the market is segmented on the basis of Japan, Spain, Germany, United Kingdom, France, and the United States.
The competitive landscape of worldwide over-the-wire micro-guide catheter market is defined by companies such as Integer Holdings Corporation, AngioDynamics, Diasolve Ltd., Cook Medical Inc., Cardinal Health Inc., BrosMed Medical Co. Ltd., Baylis Medical Company Inc., ACIST Medical Systems Inc., Merit Medical Systems Inc., Volcano Corporation, Boston Scientific Corporation, Asahi Intecc Co. Ltd., Medtronic plc, Terumo Europe N.V., and LuMend Inc. among others.