Guidewires Market By Product (Coronary, Peripheral, Urology, Neurovascular), By Material (Stainless Steel, Nitinol, Hybrid) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Growing demand for minimally invasive procedures, particularly in pediatric and geriatric patient groups is anticipated to support the growth of guidewires market. Growing count of geriatric population, that possess a higher risk of chronic diseases are increasingly preferring minimally invasive surgeries for disease treatment; due to major advantages such as quick procedural time, lesser risk of infection and quicker recuperation coupled with less duration of hospital stay.

For the purpose of this report, the global guidewires market is studied for segmentation based on product types, material and geographical distribution. Coronary, peripheral, urology and neurology guidewires are the key product types studied in this report. Based on material type, the global guidewires market is categorized into stainless steel, Nitinol and hybrid guidewires. Market size and forecast for the mentioned segments for the period 2013-2023 along with respective CAGRs for the period 2016-2023 are provided in this study.

Geographically, the global guidewires market is studied for the following regional markets:

  • North America
    • U.S.
    • Canada
  •  Europe
    • U.K.
    • Germany
    • Rest of Europ
  • Asia-Pacific
    • Japa
    • China
    • Rest of Asia-Pacific
  • Middle East and Africa
  • Latin America

The market size and forecast for the period 2014-2022 along with the CAGRs for the period 2016-2022 for the covered regional and country level markets and further by product types are also presented in this study.

Qualitative information sets such as market dynamics (drivers, challenges, future prospects) and market inclination insights, major commercial events, average pricing analysis by product types are provided in this market assessment report.Tools such as competition assessment by key players and attractive investment proposition are also included in this study for studying the global market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global guidewires market.

Guidewires Market

Based on geographical segmentation, the global guidewires market is studied for:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Rest of Asia-Pacific
  • Latin America
  • Middle East and Africa

Guidewires Market

North America is the current leader in the overall guidewires market and is anticipated to progress at a steady growth rate during the forecast period. Overall increase in peripheral vascular procedures is anticipated to support the market growth of this region. Aging population in North America and Europe, along with favorable reimbursement for guided minimally invasive procedures are the major factors contributing to high demand for guidewires in the developed markets. However, infections caused from peripheral vascular implantation procedures may prove to be a challenge for ready adoption of these devices. However, better patient education and proven treatment outcomes will mitigate the challenge. Asia Pacific is anticipated to be the fastest progressing market during the forecast period. Significant growth in geriatric population,and swift adoption of minimally invasive procedures are the key drivers of this market. Rapid economic growth, development of healthcare infrastructure and burgeoning medical tourism industry in Asia Pacific also drive the market growth of this region.

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Published Date:  Aug 2016
Category:  Medical Devices
Report ID:   58031
Report Format:   PDF
Pages:   120
Rating:    4.4 (65)
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