The global guidewires market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The increasing prevalence of minimally invasive surgical practices in major regions will drive the market growth. Minimally invasive medical practices have a numerous advantages over open procedures, including shorter hospital stays, speedier patient recovery, increased operational safety and effectiveness, and lower costs. Healthcare practitioners are continually turning for alternative treatments that give patients suffering from target diseases, such as cardiological diseases, vascular diseases, urological diseases, and cancer disorders, safer and more effective disease management practices.
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As a result of the therapeutic advantages afforded by minimally invasive surgical procedures, medical practitioners are increasingly choosing them over traditional open operations. Furthermore, technological improvements in major surgical equipment are expected to provide profitable growth prospects for minimally invasive surgical procedures that will boost the global guidewires market during forecast period. In May 2019, Medtronic launched Telescope Guide Extension Catheter to provide backup support and support to distal lesions. It is made up of a solid pushwire with just a hydrophilic coating on the distal end.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Product
o By Material
o By Length
o By End Use
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Abbott Laboratories, Boston Scientific Corp., Cook Group, Cardinal Health, Stryker Corp. ASAHI INTECC CO., LTD., AngioDynamics, Inc., Advanced Life Science Pvt. Ltd., Becton, Dickinson and Co., Johnson and Johnson Pvt. Ltd., Medorah Meditek Pvt. Ltd. and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Guidewires Market Report by Segment
By Product
- Coronary
- Peripheral
- Urology
- Neurovascular
By Material
- Nitinol
- Stainless Steel
- Hybrid
By Length
- 80 cm
- 120 cm
- 145 cm
- 180 cm
- 260 cm
- 300 cm
- 450 cm
By End Use
- Hospitals
- Ambulatory Surgical Centers
- Research Laboratories
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Guidewires Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- ASAHI INTECC CO., LTD.
- AngioDynamics, Inc.
- Advanced Life Science Pvt. Ltd.
- Becton, Dickinson and Co.
- Braun Melsugen AG
- Boston Scientific Corp.
- Integer Holding Corp.
- Integra Life Sciences
- Johnson and Johnson Pvt. Ltd.
- Merit Medical Systems
- Medtronic Inc.
- Medorah Meditek Pvt. Ltd.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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