Microcatheters Market Size, Share & Industry Analysis, By Product (Delivery Microcatheters, Aspiration Microcatheters, Steerable Microcatheters, and Others), By Design (Single Lumen and Dual & Multi-Lumen), By Application (Cardiovascular Disorders, Neurovascular Disorders, Oncology, Urological Disorders, and Others), By End User (Hospitals & ASCs, Specialty Clinics, and Others), and Regional Forecast, 2026-2034

The global microcatheters market size was valued at USD 1.92 billion in 2025 and is projected to grow from USD 2.08 billion in 2026 to USD 3.60 billion by 2034, exhibiting a CAGR of 7.1% during the forecast period.

Microcatheters are small-diameter catheters used in minimally invasive surgical procedures to deliver devices, drugs, or other contrast agents. The increasing prevalence of chronic disorders, rising demand for minimally invasive procedures, and the expansion of healthcare infrastructure are resulting in a growing adoption rate of these products in the market. This, along with a rising geriatric population, is further increasing the demand for minimally invasive surgeries among patients, thereby boosting the adoption rate of microcatheters.

• For instance, according to data published by the American Heart Association (AHA) in 2021, over 600,000 percutaneous coronary intervention (PCI) procedures are performed in the U.S.

Furthermore, the increasing incorporation of technological advancements in these devices by key players, such as Medtronic and Boston Scientific Corporation, among others, is further contributing to the demand for these systems.

Microcatheters Market Trends

Technological Advancements in these Devices to Fuel their Demand

There is a growing focus on the incorporation of technological advancements in these microcatheters, which improves the precision and increases the deliverability during minimally invasive surgical procedures. Prominent players are focusing on technological advancements, including the development of deflectable and steerable microcatheters, as well as advanced hybrid coatings that further improve kink resistance and pushability.

Furthermore, these innovations enable clinicians to navigate neurovascular and peripheral anatomies better and improve procedural efficiency. Additionally, the growing adoption of dual and multi-lumen microcatheters supports radial-access procedures and improves contrast injection, device delivery, and aspiration. 

• In December 2025, Bendit Technologies received the U.S. Food and Drug Administration (FDA) approval for the Bendit17 Microcatheter, the smallest steerable microcatheter on the market.

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Market Dynamics

Market Drivers

Increasing Number of Minimally Invasive Surgical Procedures to Drive Market Growth

The surging prevalence of chronic diseases such as neurovascular disorders, cardiovascular disorders, peripheral vascular disorders, and the benefits associated with minimally invasive surgical procedures, are resulting in a growing number of minimally invasive surgeries among the patient population. These factors are fueling the demand for microcatheters.

• For instance, according to 2024 statistics published by the CDC (Center for Disease Control & Prevention), about 1 in 20 adults has coronary artery disease in the U.S.

This, coupled with a shift toward procedures in outpatient settings and the expansion of ambulatory surgical centers, is further fueling the adoption rate of these devices. In addition, the growing focus of key players on undertaking research and development activities to launch innovative products, are anticipated to drive the adoption rate of these products, thereby supporting the global microcatheters market growth. Another significant factor propelling industry expansion comprises the growth of interventional radiology and neurointerventional procedures.

Market Restraints

High Cost Associated and Reimbursement Pressure to Hinder the Market Growth

There is an increasing demand for minimally invasive surgical procedures among the patient population. However, the high cost associated with these devices hampers the adoption rate for these products, particularly in developing nations, such as India, Brazil, and others.

These technologically advanced microcatheters, such as steerable ones, increase the cost of endovascular procedures, thereby boosting the overall per-procedure expenditure in healthcare settings. Furthermore, inadequate reimbursement policies for surgical procedures, especially in emerging countries, are also likely to limit the adoption of these devices globally.

• For instance, according to 2026 data published by the MedicalECart, the cost of the BALT 1.5 Flow Directed Microcatheter is USD 3,999.0.

Market Opportunities

Expansion of Healthcare Systems to Offer New Growth Avenues

There is a rapid expansion of healthcare systems in developing countries, such as India, Mexico, and others. The increasing number of surgical procedures, expansion of healthcare infrastructure, and rising number of hospitals and ambulatory surgical centers are subsequently supporting the adoption of these devices in clinical settings. Along with this, there is an increasing preference for ambulatory surgical centers for minimally invasive surgical procedures due to their advantages, including lower procedural costs, shorter patient stays, faster turnaround times, and a reduced risk of hospital-acquired infections, which is expected to boost the growth of the market during the forecast period.

• According to 2025 statistics published by Definitive Healthcare, there are approximately 10,000 active ambulatory surgical centers in the U.S.

Market Challenges

Limited Healthcare Access in Developing Countries to Hamper the Market Growth

There is a growing demand for minimally invasive surgical procedures among the patient population. However, the shortage of technologically advanced products, limited healthcare expenditure, coupled with stringent regulatory approval processes for medical devices, especially in developing countries, is resulting in limited access to healthcare facilities among the patient population.

Furthermore, a limited number of healthcare facilities and specialist surgeons, among others, are some of the crucial factors, resulting in the delayed minimally invasive surgeries among the patient population, especially in emerging countries, such as India, Brazil, among others.

• For instance, according to 2023 data from the World Bank Group (WBG), approximately 4.5 billion people lack full access to essential health services worldwide.

The risk of procedural complications and product recalls are additional challenges in the expansion of the market.

SEGMENTATION ANALYSIS

By Product

Increasing Adoption of Delivery Microcatheters Led to the Segmental Dominance

Based on the product, the market is classified into delivery microcatheters, aspiration microcatheters, steerable microcatheters, and others.

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The delivery microcatheters segment held the largest revenue share in 2025 due to the escalating product adoption with the mounting prevalence of chronic conditions. This is resulting in an increasing number of minimally invasive surgeries globally. The rising focus of key players on launching innovative products is further anticipated to fuel the global microcatheters market growth.

• For instance, in January 2025, Vantis Vascular, Inc. announced the commercial use of its CrossFAST Integrated Microcatheter Advanced Delivery System in a series of ten successful, complex, high-risk coronary interventional procedures (CHiP).

The steerable microcatheters segment is expected to grow at a CAGR of 8.3% over the forecast period.

By Design

Increasing Product Demand Led to the Dominance of the Single Lumen Segment

Based on design, the market is bifurcated into single lumen and dual & multi-lumen.

The single lumen segment led the global market in 2025 with a share of 72.3%. The expansion is due to the surging incidence of chronic diseases, resulting in a mounting demand for single lumen products, thereby contributing to the adoption rate of these devices.

• For instance, in February 2025, Penumbra, Inc., launched the ACCESS25 Delivery Microcatheter, a single lumen medical device designed to aid physicians in accessing the neurovasculature for the delivery of Penumbra’s advanced coil platform.

The dual & multi-lumen segment is set to flourish with a growth rate of 7.3% during the forecast period.

By Application

Growing Prevalence of Cardiovascular Disorders Led to the Dominance of the Segment

Based on application, the market is segmented into cardiovascular disorders, neurovascular disorders, oncology, urological disorders, and others.

The cardiovascular disorders segment dominated the global market in 2025 with a share of 38.7%. The expansion is owing to the escalating prevalence of chronic disorders such as cardiovascular diseases, among others, leading to an escalating number of minimally invasive surgical procedures worldwide, thereby contributing to the adoption rate of these products.

• For instance, according to the 2021 statistics published by the World Heart Federation, it was reported that more than half a billion people were affected by cardiovascular diseases globally.

The neurovascular disorders segment is poised to flourish with a growth rate of 7.8% over the forecast period.

By End-user

Surging Number of Hospitals & ASCs Fostered the Segment’s Dominance

The market is trifurcated into specialty clinics, hospitals & ASCs, and others based on end user.

The hospitals & ASCs segment led the market in 2025. The increasing prevalence of cardiovascular diseases, growing number of minimally invasive surgeries, and rising number of hospitals, among others, are some of the vital factors contributing to the growth of the segment. Furthermore, the segment is anticipated to hold a 77.9% share in 2026.

• According to 2023 statistics published by the National Bureau of Statistics of China, there were about 39,000 hospitals in China.

The specialty clinics segment is projected to grow at a CAGR of 7.9% during the analysis period.

Microcatheters Market Regional Outlook

Based on region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America

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The North America market held the dominant share in 2024, valued at USD 0.68 billion, and also took the leading share in 2025 with USD 0.73 billion. The growing prevalence of chronic diseases, increasing surgical volumes, and rising number of product launches, among others, are some of the factors supporting the growth of the segment in the market.

• For instance, according to 2023 statistics published by the National Center for Biotechnology Information (NCBI), about 3.2% of people are suffering from cerebral aneurysms globally.

U.S. Microcatheters Market

Based on North America’s strong contribution and the U.S. dominance within the region, the U.S. market can be analytically approximated at around USD 0.72 billion in 2026, accounting for roughly 34.6% of global microcatheters sales.

Europe

Europe is projected to record a growth rate of 5.5% in the coming years, which is the second highest among all regions, and reach a valuation of USD 0.66 billion by 2026. The increasing number of minimally invasive surgical procedures and growing adoption of products are likely to support the market expansion.

U.K. Microcatheters Market

In 2026, the U.K. market is estimated to reach a value of around USD 0.12 billion, representing roughly 5.8% of global microcatheters revenues.

Germany Microcatheters Market

The Germany market is projected to reach approximately USD 0.12 billion in 2026, equivalent to around 6.0% of global microcatheters sales.

Asia Pacific

Asia Pacific is estimated to reach USD 0.45 billion in 2026 and secure the position of the third-largest region in the market. The fastest growth in surgical procedures, an increasing number of specialty clinics and ambulatory surgical centers, and improved healthcare facilities in the region are likely to support the growth of the market. In the region, India and China are both estimated to reach USD 0.07 billion and USD 0.14 billion, respectively, in 2026.

Japan Microcatheters Market

The Japan market is estimated at around USD 0.09 billion in 2026, accounting for roughly 4.5% of global revenues. Japan has historically reported a relatively high prevalence of chronic conditions, coupled with a strong focus on novel product launches.

China Microcatheters Market

The China market is projected to be one of the largest worldwide, with 2026 revenues estimated at around USD 0.14 billion, representing roughly 6.9% of global sales.

India Microcatheters Market

The India market size is estimated at around USD 0.07 billion in 2026, accounting for roughly 3.3% of global revenues.

Latin America and Middle East & Africa  

The Latin America and Middle East & Africa regions are expected to witness moderate growth in this market during the forecast period. The Latin America market is set to reach a valuation of USD 0.10 billion in 2026. The growth is due to the increasing healthcare expenditure and rising product launches, among others, in these regions. In the Middle East & Africa, the GCC is set to reach a value of USD 0.04 billion in 2026.

South Africa Microcatheters Market

The South Africa market is projected to reach around USD 0.02 billion in 2026, representing roughly 0.8% of global revenues.

Competitive Landscape

Key Industry Players

Rising Number of Patent Applications to Support the Dominance of Leading Players

A robust and diversified product portfolio and a strong geographical presence are some of the prominent factors impelling the dominance of these companies in the market. Medtronic and Boston Scientific Corporation emerged as major players in the market in 2025. Furthermore, the escalating focus of pivotal companies on filing patent applications for innovative microcatheters is likely to strengthen their presence, supporting the global microcatheters market share.

• For instance, in April 2024, Medtronic patented a microcatheter with an improved inner liner to facilitate the delivery of vascular reconstruction devices.

Other key players, including Stryker and others, are also expanding in the market. This is primarily fueled by their increasing emphasis on partnerships among other players to consolidate their market presence.

List of Key Microcatheters Companies Profiled

• Medtronic (U.S.)
• Teleflex Incorporated (U.S.)
• Merit Medical Systems (U.S.)
• Stryker (U.S.)
• Boston Scientific Corporation (U.S.)
• Terumo Corporation (Japan)
• Penumbra, Inc. (U.S.)
• Johnson & Johnson Services, Inc. (U.S.)
• Cook Medical (U.S.)
• ASAHI INTECC CO., LTD. (Japan)

KEY INDUSTRY DEVELOPMENTS

• December 2025: CIC nanoGUNE announced plans to develop miniature, non-invasive, precise robotic catheters for use in reproductive medicine and gynecological health.
• July 2025: Embolx, a player in advanced microcatheters for targeted embolization procedures, launched its next-generation Sniper G3 Balloon Occlusion Microcatheter to strengthen its product portfolio.
• July 2025: ASAHI INTECC Co., Ltd., launched Veloute and Tellus indicated for angiography and infusion of therapeutic and diagnostic agents, including embolization, in the peripheral vasculature in the U.S.
• January 2025: Argon Medical acquired the SeQure and DraKon Microcatheters from Guerbet SA, along with certain assets from Accurate Medical Therapeutics, Ltd., to strengthen its product portfolio.
• February 2024: Biotronik introduced the Micro Rx rapid-exchange microcatheter for guidewire support during percutaneous coronary intervention. This helped the company to increase its brand presence.
• November 2023: Embolx Inc., a provider of minimally invasive medical devices, partnered with Girlow USA, a global distributor of advanced medical equipment. This collaboration aims to expand availability beyond the U.S. and Europe and improve global access to Embolx's groundbreaking medical technologies.

REPORT COVERAGE

The report provides a detailed global microcatheters market analysis and focuses on key aspects such as leading companies and market segmentation, including product, design, application, and end user. Besides this, the global report offers insights into the market growth trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth and advancement of the market over recent years.

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