Middle East & Africa Micro Guide Catheters Market Research Report - Segmented By Type, Therapeutic Area & Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Growth, Trends & Forecasts (2024 to 2029)

Updated On: January, 2024
ID: 5090
Pages: 145

Middle East and Africa Micro Guide Catheters Market Size & Growth (2022 to 2027):

According to the report, the Size of the Middle East & Africa Micro Guide Catheters Market is poised to reach USD 12.95 Million by 2027 and was valued at USD 9.83 Million in 2022, to reach at a CAGR of 5.68% during the forecast period 2022 to 2027.

Micro guide catheters are designed to navigate the most challenging veins, ducts, or cavities in the human anatomy to reach very complex lesions. The stainless steel braid in the Micro guide catheter boosts the Micro guide catheter's tensile strength and reliability. Micro guide catheters have this advantage over other types of catheters. The lumen of the Micro guide catheter is narrowed, allowing for better guide wire management in the human body. The industry will see disruptive trends as supply chains shift to cost savings, automation, and consumer emphasis. Companies who are aware of industry trends and match their operations with them will earn significant market share. Over the forecast period, manufacturer revenue, global price, and production by manufacturers in the Micro-Guide Catheter Market.

A micro guide catheter is designed to reach very complicated lesions in the anatomy through minor veins, cavities, or dust. The stainless steel braid strengthens the catheter's tensile strength and increases its dependability. The benefit over other types of catheters during the forecast period enabled market growth. Its tapered lumen allows for better-guided wire control in the body. They're utilized to treat disorders like cardiovascular, neurovascular, and urological issues, among others. Catheters are tubes placed into the body to provide liquid medication or gas for the treatment of ailments.

The risk associated with catheter material and function could stifle the micro guide catheter market's expansion. There have been cases where the catheter's polymer has shown to be fragile and cracked. Additional surgery is required to correct these fractures, resulting in decreased patient compliance and increased surgery costs.

The risk associated with catheter material and function could stifle market expansion. When the polymer gets weak, it is commonly recognized to have broken, necessitating additional surgery, lowering patient compliance, and increasing surgery costs.

This research report on the Middle East & Africa Micro Guide Catheters Market has been segmented and sub-segmented into the following categories

By Type:

  • Over-the-wire micro guide catheter
  • Flow directed micro guide catheter

By Therapeutic Area:

  • Neurovascular
  • Cardiovascular

By Country: 

  • KSA
  • UAE
  • Israel
  • the rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA.

Geographically, the MEA is anticipated to account for a moderate share in the micro guide catheters market. The market's growth is expected to be driven by the availability of established healthcare infrastructure, patient compliance, and healthcare's economically solid contribution. In addition, owing to the large number of medical procedures that need catheterization, micro guide catheters are the most popular throughout the Middle East and Africa. As a result, the significant growth contributors in the region are South Africa, Saudi Arabia, and UAE.

However, South Africa micro guide catheters market accounted for a significant share in the micro guide catheters market. The market demand is expected to be driven by continuous healthcare sector advancements and a substantial population base.

Furthermore, catheterization is used for many medical procedures in the countries such as Saudi Arabia and UAE, and early acceptance of the technology in the healthcare sector is projected to fuel market expansion.

In addition, excellent infrastructure and rising patient compliance with the new technologically sophisticated treatment, the micro guide catheter market has the highest share.

KEY MARKET PARTICIPANTS

Key Market Companies leading the Middle East & Africa Micro Guide Catheters Market Profiled in the Report are Lake Region manufacturing Inc., Boston Scientific Corporation, Volcano Corporation, Micro Therapeutics Inc., LuMend Corporation, Terumo Europe N.V., Covidien AG, ASAHI INTEC Company Limited,  Merit Medical Systems Inc.

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