Italy Microcatheter Market Size & Outlook, 2020-2027
Italy microcatheter market, 2016-2027 (US$M)
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Italy microcatheter market highlights
- The Italy microcatheter market generated a revenue of USD 63.7 million in 2020 and is expected to reach USD 84.2 million by 2027.
- The Italy market is expected to grow at a CAGR of 4.1% 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 63.7 million |
| Market revenue in 2027 | USD 84.2 million |
| Growth rate | 4.1% (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, Italy accounted for 3.4% 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 Europe, Germany microcatheter market is projected to lead the regional market in terms of revenue in 2027.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 130.5 million by 2027.
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Microcatheter Market Scope
Microcatheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 65.78% in 2020. Horizon Databook has segmented the Italy microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2016 to 2027.
Factors propelling the growth of the microcatheters in Italy include increase in geriatric population, which is susceptible to peripheral vascular diseases and cardiac problems, among other chronic problems. About half of these people were suffering from more than three chronic diseases and at least one severe chronic disease.
These, factors are anticipated to propel the market growth. However, low adoption of technologically advanced products and presence of few key players in the country may hinder the market growth over the forecast period in Italy.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into Italy microcatheter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Italy microcatheter market size, by product design, 2016-2027 (US$M)
Italy Microcatheter Market Outlook Share, 2020 & 2027 (US$M)
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