Micro Guide Catheters Market is gaining significant traction as Seigla Medical receives the CE Mark for its LiquID Guide Catheter Extension, which can be used during coronary and peripheral vasculature interventions

 

The Micro Guide Catheter, sometimes also referred to as the Quick-Step Catheter, is a lightweight, disposable, flexible non-invasive catheter used in surgeries to deliver medical materials during surgical procedures. A disposable catheter is made of medical-grade stainless steel that is extremely reliable and durable. Micro guide catheters are typically used for patients suffering from neurovascular disorders and cardiac disease. With growing burden of the aforementioned diseases, the demand for micro guide catheters is likely to increase. As per the World Health Organization (WHO), around 17.9 million people die of cardiovascular diseases every year. As per the American Heart Association (AMA), in 2016, cardiovascular disease accounted for 17.6 million deaths across the globe. According to the same source, that number is expected to reach 23.6 million by 2030. Hence, such factors can augment growth of the micro guide catheters market.

The main types of applications micro guide catheters are commonly used for include cardiac/respiratory diseases, respiratory illnesses, gastrointestinal diseases, infectious diseases, eye disorders, orthopedic conditions, pregnancy/delivery, and pediatric diseases. Since there is a high volume of medical procedures conducted through catheterization in the U.S. and Canada, North America is likely to gain significant traction in the micro guide catheters market. Besides, the availability of robust healthcare-related infrastructure can further augment the regional market growth. On the other hand, Asia Pacific is registering a positive outlook with rising investment in the healthcare sector. Recently, in April 2021, Seigla Medical received the CE Mark for its LiquID Guide Catheter Extension, which can be used during coronary and peripheral vasculature interventions.

There are two types of micro guide catheters available for use in the U.S., one from Medtronic and one from other leading brands such as Vialcraft, Medtronic, and others. Both products provide the same high-quality service with one caveat each company produces its own version of the micro guide catheter. The reason for this is to maintain consistent product quality and consistency across the board. Despite these influencing factors, there certain aspects of this market that could still limit the development in the near future. For instance, a dearth of skilled physicians, as well as product recalls, could impede growth of the micro guide catheters market.

In addition to using micro guide catheters to deliver materials to the affected sites, they can also be used for administering medications intravenously. Apart from cardiovascular disease, rising population of elderly people across the globe is another factor fueling the demand for micro guided catheters. Geriatric people are more likely to require the assistance of catheters, due to susceptibility to various chronic diseases. As per the WHO, by 2050, the global population aged 65 years and above is expected to reach around 2 billion increasing from 900 million in 2015. Therefore, such factors can stimulate growth of the micro guided catheters market.