Global Microcatheter Market Size & Outlook, 2020-2027

The microcatheter industry worldwide is expected to reach a projected revenue of US$ 2,490.0 million by 2027. A compound annual growth rate of 4.4% is expected of the worldwide microcatheter industry from 2021 to 2027.

Revenue, 2020 (US$M)
$1,846.5
Forecast, 2027 (US$M)
$2,490.0
CAGR, 2021 - 2027
4.4%
Report Coverage
Worldwide

Global microcatheter market highlights

  • The global microcatheter market generated a revenue of USD 1,846.5 million in 2020 and is expected to reach USD 2,490.0 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 4.4% by 2027.
  • In terms of segment, dual lumen accounted for a revenue of USD 1,184.5 million in 2020.
  • Dual Lumen is the most lucrative product design segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 1,846.5 million
Market revenue in 2027USD 2,490.0 million
Growth rate4.4% (CAGR from 2020 to 2027)
Largest segmentDual lumen
Fastest growing segmentDual Lumen
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationSingle Lumen, Dual Lumen

Other key industry trends

  • In terms of revenue, the North America accounted for 32.7% of the global microcatheter market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 632.7 million by 2027.

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Microcatheter Market Companies

Name Profile # Employees HQ Website

Global 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 64.15% in 2020. Horizon Databook has segmented the Global microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Microcatheter Product Design Outlook (Revenue, USD Million, 2016-2027)
    • Single Lumen
    • Dual Lumen
  • Global Microcatheter Product Outlook (Revenue, USD Million, 2016-2027)
    • Delivery Microcatheters
    • Aspiration Microcatheters
    • Diagnostic microcatheters
    • Steerable Microcatheters
  • Global Microcatheter Application Outlook (Revenue, USD Million, 2016-2027)
    • Cardiology
    • Neurology
    • Peripheral Vascular
    • Oncology
    • Urology
    • Otolaryngology
    • Others

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  • Our clientele includes a mix of microcatheter market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global microcatheter market , including forecasts for subscribers. This global databook contains high-level insights into Global microcatheter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global microcatheter market size, by region, 2016-2027 (US$M)

Top 10 countries: Microcatheter market size, 2020 (US$M)

Global microcatheter market share, by product design, 2020 & 2027 (%, US$M)

Microcatheter Market: Opportunity Assessment By Country

Global microcatheter market, by region, 2020 (US$M)

Global microcatheter market size, by region, 2016-2027 (US$M)

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