Middle East and Africa Microcatheters Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Indication (Neurovascular, Coronary, and General Peripheral Vascular) and End User (Hospitals, Specialty Clinics, and Ambulatory Surgical Centers)

Publication Month: May 2021 | Report Code: TIPRE00022145 | No. of Pages: 96 | Category: Medical Device | Status: Published

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The Middle East and Africa microcatheters market is expected to reach US$ 21.72 million by 2027 from US$ 12.46 million in 2019; it is estimated to grow at a CAGR of 7.3% from 2020 to 2027.

The market growth is attributed to significantly increasing prevalence of chronic disorders, such as cardiovascular and neurovascular diseases, and rising elderly population across Middle East and Africa. However, product recall and stringent regulatory requirement, and lack of expert professionals hinder the market growth.

Micro-catheters are delivery devices used in minimally invasive applications. These small catheters are ideal for navigating the vast network of tiny veins found within the body. According to the World Health Organization (WHO), cardiovascular diseases (CVDs) are the most prominent cause of morbidity and mortality across the world. The CVDs include cerebrovascular disease, coronary heart disease, rheumatic heart disease, and so on. As per the WHO data published in 2017, ~17.9 million people died from CVDs in 2016, which was 31.0% of all the global deaths in that year. Therefore, the significantly rising incidence of CVDs across Middle East is likely to propel the demand for devices, such as microcatheters, that are required to treat these diseases. In addition, in the recent years, the prevalence of neurological disorders such as cerebral aneurysm has increased significantly across Middle East and Africa, which fuelled the demand for microcatheters used in their treatment procedures. Also, the rising geriatric population leads to rise in cardiovascular disease and neurological disease, which is contributing to the growth of the Middle East and Africa microcatheters market.

Countries in Middle East and Africa are facing economic and humanitarian challenges due to the increasing incidence of COVID-19. They have responded to the outbreak by closing borders, ordering quarantines, avoiding alternative surgery procedures, and imposing a host of restrictions to keep people confined at home. Preventive measures such as social distancing and lockdown are significantly reducing the visits of people to the healthcare facilities, which, in turn, is hampering the growth of the microcatheters market in Middle East and Africa.
microcatheters market

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MIDDLE EAST AND AFRICA MICROCATHETERS MARKET SEGMENTATION

By Indication

  • Neurovascular
  • Coronary
  • General Peripheral Vascular

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

By Country

  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa

Company Profiles

  • Boston Scientific Corporation
  • Medtronic
  • Terumo Corporation
  • Stryker Corporation
  • Teleflex Incorporated
  • Merit Medical Systems Inc

 

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Middle East and Africa Microcatheters Market – By Indication

1.3.2        Middle East and Africa Microcatheters Market – By End User

1.3.3        Middle East and Africa Microcatheters Market – By Country

2.           Microcatheters Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Middle East and Africa Microcatheters Market– Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        Middle East and Africa – PEST Analysis

4.3         Expert Opinions

5.           Middle East and Africa Microcatheter Market – Key Industry Dynamics

5.1         Key Market Drivers

5.1.1        Escalating Prevalence of Cardiovascular Diseases

5.1.2        Increasing Incidence of Neurovascular Diseases

5.1.3        Surge in Elderly Population

5.2         Key Market Restraints

5.2.1        Product Recall and Stringent Regulatory Requirements

5.2.2        Lack of Expert Professionals

5.3         Key Market Opportunities

5.3.1        Growth Avenues in Developing Nations

5.4         Future Trends

5.4.1        Rising Demand for Minimally Invasive Procedures

6.           Microcatheters Market – Middle East and Africa Analysis

6.1         Middle East and Africa Microcatheters Market Revenue Forecast and Analysis

7.           Microcatheters Market Analysis – By Indication

7.1         Overview

7.2         Microcatheters Market Revenue Share, by Indication (2019 and 2027)

7.4         Coronary

7.4.1        Overview

7.4.2        Coronary: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

7.5         Neurovascular

7.5.1        Overview

7.5.2        Neurovascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

7.6         General Peripheral Vascular

7.6.1        Overview

7.6.2        General Peripheral Vascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

8.           Microcatheters Market Analysis – By End User

8.1         Overview

8.2         Microcatheters Market Share, by End User, 2019 and 2027, (%)

8.3         Hospitals

8.3.1        Overview

8.3.2        Hospitals: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Specialty Clinics

8.4.1        Overview

8.4.2        Specialty Clinics: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Ambulatory Surgical Centres

8.5.1        Overview

8.5.2        Ambulatory Surgical Centers: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

9.           Microcatheters Market – Middle East and Africa Analysis

9.1         Middle East & Africa: Microcatheters Market

9.1.1        Overview

9.1.2        Middle East & Africa: Microcatheters Market, by Country, 2019 & 2027 (%)

9.1.3        Saudi Arabia: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

9.1.3.1          Saudi Arabia: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

9.1.3.2          Saudi Arabia Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)

9.1.3.3          Saudi Arabia Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)

9.1.4        UAE: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

9.1.4.1          UAE: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

9.1.4.2          UAE Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)

9.1.4.3          UAE Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)

9.1.5        South Africa: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

9.1.5.1          South Africa: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

9.1.5.2          South Africa Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)

9.1.5.3          South Africa Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)

10.        Impact of COVID-19 Pandemic on Middle East and Africa Microcatheters Market

10.1      Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.        Microcatheters Market – Industry Landscape

11.1      Overview

11.2      Organic Developments

11.2.1     Overview

11.3      Inorganic Developments

11.3.1     Overview

12.        Company Profiles

12.1      Boston Scientific Corporation

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Medtronic

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Merit Medical Systems Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Terumo Corporation

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Stryker Corporation

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Teleflex Incorporated

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

LIST OF TABLES

Table 1.             Saudi Arabia Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)

Table 2.             Saudi Arabia Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)

Table 3.             UAE Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)

Table 4.             UAE Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)

Table 5.             South Africa Microcatheters Market, By Indication – Revenue and Forecast to 2027 (USD Million)

Table 6.             South Africa Microcatheters Market, By End User – Revenue and Forecast to 2027 (USD Million)

Table 7.             Organic Developments Done by Companies

Table 8.             Inorganic Developments Done by Companies

Table 9.             Glossary of Terms, Microcatheters Market

LIST OF FIGURES

Figure 1.           Microcatheters Market Segmentation

Figure 2.           Microcatheters Market, By Country

Figure 3.           Middle East and Africa Microcatheters Market Overview

Figure 4.           The Coronary Segment Is Expected to Grow Faster by Indication Segment in Microcatheters Market

Figure 5.           The Hospitals Segment Is Expected to Grow Faster by End User Segment in Microcatheters Market

Figure 6.           Middle East and Africa Microcatheters Market- Leading Country Markets (USD Million)

Figure 7.           Middle East and Africa PEST Analysis

Figure 8.           Microcatheter Market Impact Analysis of Driver and restraint

Figure 9.           Middle East and Africa Microcatheters Market – Revenue Forecast and Analysis – 2020- 2027

Figure 10.        Microcatheters Market Revenue Share, by Indication (2019 and 2027)

Figure 11.        Coronary: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Neurovascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        General Peripheral Vascular: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Microcatheters Market Share, by End User, 2019 and 2027 (%)

Figure 15.        Hospitals Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Specialty Clinics: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Ambulatory Surgical Centers: Microcatheters Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Middle East & Africa: Microcatheters Market, by Key Country – Revenue (2019) (USD Million)

Figure 19.        Middle East & Africa: Microcatheters Market, by Country, 2019 & 2027 (%)

Figure 20.        Saudi Arabia: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

Figure 21.        UAE: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

Figure 22.        South Africa: Microcatheters Market – Revenue and Forecast to 2027 (USD Million)

Figure 23.        Impact of COVID-19 Pandemic on Microcatheters Market in Middle East and Africa

The List of Companies - Middle East and Africa Microcatheters Market

 

  1. Boston Scientific Corporation
  2. Medtronic
  3. Terumo Corporation
  4. Stryker Corporation
  5. Teleflex Incorporated
  6. Merit Medical Systems Inc

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa microcatheters market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Middle East and Africa microcatheters market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution. 
TIPRE00022145
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