Microcatheter Market Is Likely To Up Demand At A USD 2.85 Billion By 2030
San Francisco, 24 May 2024: The Report Microcatheter Market Size, Share & Trends Analysis Report By Product Design (Single Lumen, Dual Lumen), By Product (Delivery Microcatheters, Aspiration Microcatheters), By Application (Cardiology, Neurology), By Region, And Segment Forecasts, 2024 - 2030 The global microcatheter market size is expected to reach USD 2.85 billion by 2030, registering a CAGR of 4.52% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing prevalence of chronic disorders and increasing demand for minimally invasive procedures are driving the market. Increase in the incidence of chronic disorders in several countries is anticipated to impact the market growth over the forecast period. For instance, as per the facts published by WHO in 2018, every year 41 million deaths (71%) are reported due to chronic disorders and it is the leading cause of mortality and disability globally. Thus, increasing number of patients suffering from chronic