Asia-Pacific to exhibit faster growth in the global microcatheters market

It is expected to expand at a CAGR of 7.73% through 2032.

The Asia-Pacific is expected to emerge as the fastest-growing region in the global microcatheters market through 2032, with a projected compound annual growth rate (CAGR) of 7.73%.

An S&S Insider report revealed that the region’s growth is attributed to rising healthcare investments, the increasing burden of chronic diseases, and improved access to advanced medical technologies in countries like China and India.

The region also benefits from supportive government initiatives and the growth of medical tourism, accelerating the adoption of microcatheters.

Meanwhile, the global market is projected to reach $1.53b at a CAGR of 5.53% during the same forecast period, driven by the rising prevalence of chronic diseases such as cardiovascular and neurovascular conditions.