Global Urology Guidewires Market Size study, by Material (Nitinol Guidewires, Stainless Steel Guidewires), By Tip Shape (Straight Tip, Angled Tip), By End User (Hospitals & Clinics) and Regional Forecasts 2022-2028
Global Urology Guidewires Market is valued approximately USD 474 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2028.The Urology Guidewires Market is likely to be driven by the rising prevalence of kidney stone disease, cystitis, benign prostatic hyperplasia, and other urinary tract illnesses. According to the Journal of Taibah University Medical Sciences in 2021, kidney stones are one of the most painful urological disorders,. It has recently become quite widespread throughout the world (7–13% in North America, 5–9% in Europe, and 1–5% in Asia). Kidney stones also increase the risk of chronic kidney disease by 60% and end-stage renal disease by 40%, which is expected to fuel market growth in the next years.The demand for minimally invasive surgery (MIS) has risen steadily during the last decade. Novel diagnostic techniques and less invasive therapies for prostate, kidney, and bladder cancers, as well as a wide spectrum of urologic disorders, have become more extensively employed in 2021, according to The Mount Sinai Hospital. Furthermore, between 2019 and 2021, the number of procedures for advanced bladder cancer increased by 50%, the volume of procedures for kidney cancer increased by 20%, and the volume of procedures for prostate cancer increased by 34%, all of which are expected to drive market growth in the near future.Among the key factors contributing to market growth are technological advancements and product launches aimed at streamlining procedures and making them safer and more cost-effective. For example, the FDA approved an expanded indication for Teleflex Incorporated's coronary guidewires and specialty catheters for use in crossing percutaneous coronary interventions, chronic total occlusion (PCI, CTO) in February 2022, which is expected to boost market growth in the near future.
The key regions considered for the global Urology Guidewires Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominat the market. The need for guidewires for endourological treatments is being driven by the increased incidence of Chronic Kidney Diseases (CKD) and the ageing population in industrialised economies. Whereas, From 2022 to 2028, Asia Pacific is predicted to have the highest CAGR. This is due to the presence of a large population suffering from kidney and cardiovascular disorders, as well as improvements in medical facilities and insurance policies.
Major market player included in this report are:
Boston Scientific Corporation
Integer Holdings Corporation
Advin Health Care
Cook Medical
Olympus America
Teleflex Incorporated
MEDpro Medical B.V.
ACE Medical Devices
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:
ByMaterial:
Nitinol Guidewires
Stainless Steel Guidewires
PTEE Guidewires
Others
By Tip Shape:
Straight Tip
Angled Tip
J-Shaped Tip
Others
By End-user:
Hospitals & Clinics
Urology Surgery Centers
Ambulatory Surgery Centers
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 Urology 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
Integer Holdings Corporation
Advin Health Care
Cook Medical
Olympus America
Teleflex Incorporated
MEDpro Medical B.V.
ACE Medical Devices
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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