The medical devices that are made of high-grade material are known as catheters. Catheters are inserted into the body of a person for the treatment of different diseases. The market of the over-the-wire micro-guide catheter is expected to reach 175.67 million US$ in the year 2023 with the CAGR of 9.37% as per the report of Report Ocean. The process is known as catheterization. During the process catheters inserted into the body for the administration of various medications and gas. The market of the over-the-wire micro-guide catheter is driven by the preference of minimally invasive surgeries and the prevalence of diseases.
The introduction of catheters has changed the ways surgeries and medical treatments are performed. The minimally invasive surgery put less strain on the body of a person which makes it ideal for the elderly people. Cardiovascular diseases are the major cause of death and the prevalence of such diseases will drive the market of catheters. Major manufacturers are also discussed in the report along with their business history and product details.
The market is segmented on the basis of end-users, application, and types of product. The market is also divided into sub-segments. The segmentation of the market is also based on the region and the Americas hold the largest market and it is expected to keep the position in the forecast period. Asia Pacific is expected to have the highest CAGR during the forecast period. Different regions are presented in the analysis along with the factors affecting the market in these regions.