Canada Microcatheter Market Size & Outlook, 2020-2027
Canada microcatheter market, 2016-2027 (US$M)
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Canada microcatheter market highlights
- The Canada microcatheter market generated a revenue of USD 107.0 million in 2020 and is expected to reach USD 139.2 million by 2027.
- The Canada market is expected to grow at a CAGR of 3.8% from 2021 to 2027.
- In terms of segment, dual lumen was the largest revenue generating product design in 2020.
- Dual Lumen is the most lucrative product design segment registering the fastest growth during the forecast period.
Microcatheter market data book summary
| Market revenue in 2020 | USD 107.0 million |
| Market revenue in 2027 | USD 139.2 million |
| Growth rate | 3.8% (CAGR from 2020 to 2027) |
| Largest segment | Dual lumen |
| Fastest growing segment | Dual Lumen |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Lumen, Dual Lumen |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Merit Medical Systems Inc, Stryker Corp, Penumbra Inc, Boston Scientific Corp, Teleflex Inc, Asahi Intecc Co Ltd, Surmodics Inc, BioCardia Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 5.8% of the global microcatheter market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In North America, U.S. microcatheter market is projected to lead the regional market in terms of revenue in 2027.
- Canada is the fastest growing regional market in North America and is projected to reach USD 139.2 million by 2027.
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Microcatheter Market Scope
Microcatheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada microcatheter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microcatheter market will help companies and investors design strategic landscapes.
Dual lumen was the largest segment with a revenue share of 62.24% in 2020. Horizon Databook has segmented the Canada microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2016 to 2027.
The prevalence of chronic diseases in Canada is high and expected to drive the market growth in this country during the forecast period. According to the Institute for Health Metrics and Evaluation (IHME) data published in 2017, ischemic heart disease was the leading cause of deaths and disabilities in Canada.
In addition, as per the Heart and Stroke Foundation of Canada Report 2017, there were about 400,000 individuals in Canada living with long term disability from cerebrovascular stroke, and this number is expected to double in next 20 years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into Canada microcatheter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Canada microcatheter market size, by product design, 2016-2027 (US$M)
Canada Microcatheter Market Outlook Share, 2020 & 2027 (US$M)
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