Market revenue in 2020 | USD 41.6 million |
Market revenue in 2027 | USD 57.2 million |
Growth rate | 4.6% (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 |
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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 63.94% in 2024. Horizon Databook has segmented the Colombia microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2018 to 2030.
Less adoption of advanced healthcare facilities and declining healthcare expenditure by the government are major factors restraining the market growth in Colombia. In addition, lack of adequate number of hospitals & clinics in the country are also considered a major restraining factor for the market growth.
Moreover, such scenario also restricts key players to enter the Colombian market as the scope of growth is significantly low. Furthermore, lack of skilled professionals and proper knowledge regarding technologically advanced products are some of the major drawbacks, impeding market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Colombia microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into Colombia microcatheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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