Global Guidewires Market Size study, by Product (Interventional Guidewires and Diagnostic Guidewires) by Application (Coronary Guidewires, Peripheral Guidewires, Urology Guidewires, Radiology Guidewires, Neurovascular Guidewires, Gastroenterology Guidewir

Global Guidewires Market Size study, by Product (Interventional Guidewires and Diagnostic Guidewires) by Application (Coronary Guidewires, Peripheral Guidewires, Urology Guidewires, Radiology Guidewires, Neurovascular Guidewires, Gastroenterology Guidewires, Others) by Material Type (Nitinol Guidewires, PTFE Guidewires, Stainless Steel Guidewires, Hybrid Guidewires) by Tip Shape (J Tip, Angled Tip, Straight Tip) by end use industries (Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Laboratories, Specialty Clinics) and Regional Forecasts 2022-2028

Global Guidewires Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. A guidewire refers to a thin, flexible, medical wire which is inserted into the body to display inner body parts to larger instrument display. Guidewires vary in size, length, stiffness, composition, and shape of the tip. Medical guidewires are used in minimally invasive surgery. Growing incidence of chronic diseases and rising adoption of non-invasive medical procedures are key drivers for the growth of Guidewires market. For instance, according to World Health Organization (WHO)- As of 2020, noncommunicable diseases (NCDs) kill around 41 million people each year, representing 71% of all deaths globally and each year, more than 15 million people die from a NCD between the ages of 30 and 69 years. Also, Cardiovascular diseases account for approximately 17.9 million deaths, followed by cancers (9.3 million), respiratory diseases (4.1 million), and diabetes (1.5 million). Furthermore, in July 2020, Spain based medical devices company iVascular has launched Sergeant peripheral support catheter, for the treatment of patients with peripheral artery disease. Furthermore, in November 2021, US based medical devices company Terumo Corporation has partnered with French company Diabeloop, a leader in therapeutic AI to develop Automated Insulin Delivery solutions to Europe Market. Also, with the increasing geriatric population and surging healthcare infrastructure in emerging markets, the adoption & demand for Guidewires is likely to increase the market growth during the forecast period. However, high cost of Guidewires and supply chain disruption due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Guidewires Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and rising inclination towards invasive surgical procedures in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing healthcare industry and rising prevalence of cardiovascular diseases would create lucrative growth prospects for the Guidewires market across Asia-Pacific region.

Major market player included in this report are:
Boston Scientific Corporation
Terumo Corporation
Cardinal Health Inc.
Cook Medical Inc.
Johnson & Johnson
Medtronic PLC
Teleflex Corporation
Stryker Corporation
B. Braun Group Pvt Ltd.
Merit Medical Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Interventional Guidewires
Diagnostic Guidewires
By Application:
Coronary Guidewires
Peripheral Guidewires
Urology Guidewires
Radiology Guidewires
Neurovascular Guidewires
Gastroenterology Guidewires
Others
By Material Type:
Nitinol Guidewires
PTFE Guidewires
Stainless Steel Guidewires
Hybrid Guidewires
By Tip Shape:
J Tip
Angled Tip
Straight Tip
By End Use Industries:
Hospitals
Ambulatory Surgical Centers
Cardiac Catheterization Laboratories
Specialty Clinics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Guidewires Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Boston Scientific Corporation
Terumo Corporation
Cardinal Health Inc.
Cook Medical Inc.
Johnson & Johnson
Medtronic PLC
Teleflex Corporation
Stryker Corporation
B. Braun Group Pvt Ltd.
Merit Medical Inc.

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