Cardiac Microcatheter Market Developments and Forecast by 2028

The rising prevalence of cardiovascular diseases and growing use of percutaneous coronary intervention drive the cardiac microcatheter market growth. The rising number of patients suffering from chronic conditions and increasing activities in research and development are the key factors propelling the market for cardiac microcatheter. Furthermore, the cardiac microcatheter market key players are focusing on strategic initiatives by launching new products to expand their geographic reach and enhance capacities to cater to a large customer base. For instance, in May 2023, Acotec Scientific Holdings Ltd. received Chinese marketing approval for its microcatheter Vericor-14 to assist in percutaneous coronary interventions and percutaneous peripheral interventions, taking a step ahead in a competitive market that is poised to grow eightfold by the end of the decade.

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