Global Guidewires Market 2024-2028

Guidewires Market 2024-2028

The guidewires market is forecasted to grow by USD 807 mn during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The report on the guidewires market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by prevalence of chronic disorders, paradigm shift toward MI procedures, and advances in guidewire technology.

Technavio's guidewires market is segmented as below:

• By Product
• Coronary guidewires
• Peripheral guidewires
• Urology guidewires
• Neurovascular
• By End-user
• Cardiac catheterization laboratories
• Hospitals
• Specialty clinics
• Ambulatory surgical centers
• By Geographical Landscape
• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the growing demand for nitinol-based guidewires as one of the prime reasons driving the guidewires market growth during the next few years. Also, emergence of next-generation hybrid guidewires and growing demand for soft-tapered and intermediate guidewires will lead to sizable demand in the market.

The report on the guidewires market covers the following areas:

• Guidewires market sizing
• Guidewires market forecast
• Guidewires market industry analysis

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading guidewires market vendors that include Abbott Laboratories, Amecath, AngioDynamics Inc., Asahi Intecc Co. Ltd., B.Braun SE, Becton Dickinson and Co., BIOTRONIK SE and Co. KG, Boston Scientific Corp., Cardinal Health Inc., Cook Group Inc., Cryolife Inc., Lepu Medical Technology Beijing Co. Ltd., Medtronic PLC, Merit Medical Systems Inc., Rocamed, Rontis Corp. SA, Stryker Corp., Teleflex Inc., and Terumo Corp.. Also, the guidewires market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.