
Guidewires Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Growth Factors of Guidewires Market
The global guidewires market size was valued at USD 887.6 million in 2018 and is projected tgrow tUSD 2016.5 million by 2032, exhibiting a CAGR of 6.1% during the forecast period of 2019-2032.
The COVID-19 pandemic impacted the guidewires marketplace due tdelayed optional strategies, delivery chain disruptions, and decreased health center visits. However, the market experienced a sluggish healing as healthcare structures resumed operations, with an elevated recognition of minimally invasive processes using the required advanced guidewires, impeding the guidewires market growth.
The guidewire marketplace is driven by the prevalence of cardiovascular and neurovascular issues, developing demand for minimally invasive processes, and improvements within the guidewire generation. Developing healthcare infrastructure in rising economies and a surge in age-related chronic diseases propel the marketplace tincrease.
The guidewires market is experiencing a massive increase pushed by the growing demand for minimally invasive processes across numerous clinical specialties. Key trends include improving modern materials like nitinol, which gives advanced flexibility and kink resistance compared tconventional substances, leading tthe expansion of guidewires market share globally. Additionally, there's developing attention on growing guidewires with superior features like improved torque transmission, better usability, and decreased friction, leading tprogressed procedural effects and better-affected person safety.
Comprehensive Analysis of Guidewires Market
The guidewires marketplace is segmented based on product, material, coating, and give-up users. By product, coronary guidewires dominate due ttheir performance in coronary strategies, with peripheral and urology guidewires alsgaining traction because of rising packages and new product launches. By fabric, stainless steel leads because of its kink resistance and balance, while nitinol is experiencing an increase due ta shift in material choice. Coated guidewires, primarily hydrophobic and hydrophilic types, hold a chief proportion as they decorate transmission and decrease the dangers of infections. By cease users, hospitals and clinics dominate because of the increasing volume of surgical procedures, even as diagnostic facilities and ambulatory surgical operation centers are alswitnessing growth driven by superior healthcare centers.
The North America region led the guidewires market by benefitting a size of USD 308.2 million in 2018 due tthe supply of modern healthcare institutions, ready-get admission tmerchandise, and a robust emphasis on utilizing present-day healthcare generation.
The leading players in the guidewires market significantly influence its growth trajectory and set industry standards. These key players, including Boston Scientific Corporation, Medtronic, Abbott, Cook Medical, Teleflex Corporation, Cardinal Health Inc., Merit Medical Inc., TerumMedical Corporation, Olympus Corporation, and C. R. Bard, Inc., contribute ta competitive landscape, driving innovation and market advancement. Their continuous efforts tdevelop advanced guidewire products and expand their portfolios are essential in shaping the market's future.
In October 2019, Cardiovascular Systems Inc. Acquired FDA acclaim for their ViperWire Advance Coronary Guide Wire. This improved guidewire is designed twork with the Diamondback 360 orbital atherectomy machine; offering progressed navigation and higher remedy outcomes.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD million)
Segmentation By Product
Coronary Guidewires
Peripheral Guidewires
Urology Guidewires
Neurovascular Guidewires
Others
By Material
Nitinol
Stainless Steel
Others
By Coating
Coated
Non-coated
By End User
Hospitals & Clinics
Diagnostic Centers
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
The global guidewires market size was valued at USD 887.6 million in 2018 and is projected tgrow tUSD 2016.5 million by 2032, exhibiting a CAGR of 6.1% during the forecast period of 2019-2032.
The COVID-19 pandemic impacted the guidewires marketplace due tdelayed optional strategies, delivery chain disruptions, and decreased health center visits. However, the market experienced a sluggish healing as healthcare structures resumed operations, with an elevated recognition of minimally invasive processes using the required advanced guidewires, impeding the guidewires market growth.
The guidewire marketplace is driven by the prevalence of cardiovascular and neurovascular issues, developing demand for minimally invasive processes, and improvements within the guidewire generation. Developing healthcare infrastructure in rising economies and a surge in age-related chronic diseases propel the marketplace tincrease.
The guidewires market is experiencing a massive increase pushed by the growing demand for minimally invasive processes across numerous clinical specialties. Key trends include improving modern materials like nitinol, which gives advanced flexibility and kink resistance compared tconventional substances, leading tthe expansion of guidewires market share globally. Additionally, there's developing attention on growing guidewires with superior features like improved torque transmission, better usability, and decreased friction, leading tprogressed procedural effects and better-affected person safety.
Comprehensive Analysis of Guidewires Market
The guidewires marketplace is segmented based on product, material, coating, and give-up users. By product, coronary guidewires dominate due ttheir performance in coronary strategies, with peripheral and urology guidewires alsgaining traction because of rising packages and new product launches. By fabric, stainless steel leads because of its kink resistance and balance, while nitinol is experiencing an increase due ta shift in material choice. Coated guidewires, primarily hydrophobic and hydrophilic types, hold a chief proportion as they decorate transmission and decrease the dangers of infections. By cease users, hospitals and clinics dominate because of the increasing volume of surgical procedures, even as diagnostic facilities and ambulatory surgical operation centers are alswitnessing growth driven by superior healthcare centers.
The North America region led the guidewires market by benefitting a size of USD 308.2 million in 2018 due tthe supply of modern healthcare institutions, ready-get admission tmerchandise, and a robust emphasis on utilizing present-day healthcare generation.
The leading players in the guidewires market significantly influence its growth trajectory and set industry standards. These key players, including Boston Scientific Corporation, Medtronic, Abbott, Cook Medical, Teleflex Corporation, Cardinal Health Inc., Merit Medical Inc., TerumMedical Corporation, Olympus Corporation, and C. R. Bard, Inc., contribute ta competitive landscape, driving innovation and market advancement. Their continuous efforts tdevelop advanced guidewire products and expand their portfolios are essential in shaping the market's future.
In October 2019, Cardiovascular Systems Inc. Acquired FDA acclaim for their ViperWire Advance Coronary Guide Wire. This improved guidewire is designed twork with the Diamondback 360 orbital atherectomy machine; offering progressed navigation and higher remedy outcomes.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2015-2026
Base Year 2018
Forecast Period 2019-2026
Historical Period 2015-2017
Unit Value (USD million)
Segmentation By Product
Coronary Guidewires
Peripheral Guidewires
Urology Guidewires
Neurovascular Guidewires
Others
By Material
Nitinol
Stainless Steel
Others
By Coating
Coated
Non-coated
By End User
Hospitals & Clinics
Diagnostic Centers
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Table of Contents
155 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Technological advancements in Guidewires Market
- 4.2. Key Industry Developments- Partnerships, Mergers and Acquisitions
- 4.3. New Product Launched by Key Players
- 4.4. Prevalence of Major Cardiovascular Conditions for Key Countries
- 4.5. Regulatory Scenarios
- 5. Global Guidewires Market Analysis, Insights and Forecast, 2015-2026
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Coronary Guidewires
- 5.2.2. Peripheral Guidewires
- 5.2.3. Urology Guidewires
- 5.2.4. Neurovascular Guidewires
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Material
- 5.3.1. Nitinol
- 5.3.2. Stainless Steel
- 5.3.3. Others
- 5.4. Market Analysis, Insights and Forecast – By Coating
- 5.4.1. Coated
- 5.4.2. Non-coated
- 5.5. Market Analysis, Insights and Forecast – By End User
- 5.5.1. Hospitals & Clinics
- 5.5.2. Diagnostic Centers
- 5.5.3. Others
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia pacific
- 5.6.4. Latin America
- 5.6.5. Middle East & Africa
- 6. North America Guidewires Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Analysis – By Product
- 6.2.1. Coronary Guidewires
- 6.2.2. Peripheral Guidewires
- 6.2.3. Urology Guidewires
- 6.2.4. Neurovascular Guidewires
- 6.2.5. Others
- 6.3. Market Analysis – By Material
- 6.3.1. Nitinol
- 6.3.2. Stainless Steel
- 6.3.3. Others
- 6.4. Market Analysis – By Coating
- 6.4.1. Coated
- 6.4.2. Non-coated
- 6.5. Market Analysis – By End User
- 6.5.1. Hospitals & Clinics
- 6.5.2. Diagnostic Centers
- 6.5.3. Others
- 6.6. Market Analysis – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
- 7. Europe Guidewires Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Market Analysis – By Product
- 7.2.1. Coronary Guidewires
- 7.2.2. Peripheral Guidewires
- 7.2.3. Urology Guidewires
- 7.2.4. Neurovascular Guidewires
- 7.2.5. Others
- 7.3. Market Analysis – By Material
- 7.3.1. Nitinol
- 7.3.2. Stainless Steel
- 7.3.3. Others
- 7.4. Market Analysis – By Coating
- 7.4.1. Coated
- 7.4.2. Non-coated
- 7.5. Market Analysis – By End User
- 7.5.1. Hospitals & Clinics
- 7.5.2. Diagnostic Centers
- 7.5.3. Others
- 7.6. Market Analysis – By Country/ Sub-region
- 7.6.1. U.K.
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Spain
- 7.6.5. Italy
- 7.6.6. Rest of Europe
- 8. Asia pacific Guidewires Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Analysis – By Product
- 8.2.1. Coronary Guidewires
- 8.2.2. Peripheral Guidewires
- 8.2.3. Urology Guidewires
- 8.2.4. Neurovascular Guidewires
- 8.2.5. Others
- 8.3. Market Analysis – By Material
- 8.3.1. Nitinol
- 8.3.2. Stainless Steel
- 8.3.3. Others
- 8.4. Market Analysis – By Coating
- 8.4.1. Coated
- 8.4.2. Non-coated
- 8.5. Market Analysis – By End User
- 8.5.1. Hospitals & Clinics
- 8.5.2. Diagnostic Centers
- 8.5.3. Others
- 8.6. Market Analysis – By Country/ Sub-region
- 8.6.1. Japan
- 8.6.2. China
- 8.6.3. India
- 8.6.4. Australia
- 8.6.5. Rest of Asia Pacific
- 9. Latin America Guidewires Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Analysis – By Product
- 9.2.1. Coronary Guidewires
- 9.2.2. Peripheral Guidewires
- 9.2.3. Urology Guidewires
- 9.2.4. Neurovascular Guidewires
- 9.2.5. Others
- 9.3. Market Analysis – By Material
- 9.3.1. Nitinol
- 9.3.2. Stainless Steel
- 9.3.3. Others
- 9.4. Market Analysis – By Coating
- 9.4.1. Coated
- 9.4.2. Non-coated
- 9.5. Market Analysis – By End User
- 9.5.1. Hospitals & Clinics
- 9.5.2. Diagnostic Centers
- 9.5.3. Others
- 9.6. Market Analysis – By Country/ Sub-region
- 9.6.1. Brazil
- 9.6.2. Mexico
- 9.6.3. Rest of Latin America
- 10. Middle East & Africa Guidewires Market Analysis, Insights and Forecast, 2015-2026
- 10.1. Key Findings / Summary
- 10.2. Market Analysis – By Product
- 10.2.1. Coronary Guidewires
- 10.2.2. Peripheral Guidewires
- 10.2.3. Urology Guidewires
- 10.2.4. Neurovascular Guidewires
- 10.2.5. Others
- 10.3. Market Analysis – By Material
- 10.3.1. Nitinol
- 10.3.2. Stainless Steel
- 10.3.3. Others
- 10.4. Market Analysis – By Coating
- 10.4.1. Coated
- 10.4.2. Non-coated
- 10.5. Market Analysis – By End User
- 10.5.1. Hospitals & Clinics
- 10.5.2. Diagnostic Centers
- 10.5.3. Others
- 10.6. Market Analysis – By Country/ Sub-region
- 10.6.1. GCC Countries
- 10.6.2. South Africa
- 10.6.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2018)
- 11.3. Competition Dashboard
- 11.4. Comparative Analysis – Major Players
- 11.5. Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (based on availability))
- 11.5.1. Boston Scientific Corporation
- 11.5.1.1. Overview,
- 11.5.1.2. Products & Services,
- 11.5.1.3. SWOT Analysis,
- 11.5.1.4. Recent Developments,
- 11.5.1.5. Strategies,
- 11.5.1.6. Financials (based on availability)
- 11.5.2. Medtronic
- 11.5.2.1. Overview,
- 11.5.2.2. Products & Services,
- 11.5.2.3. SWOT Analysis,
- 11.5.2.4. Recent Developments,
- 11.5.2.5. Strategies,
- 11.5.2.6. Financials (based on availability)
- 11.5.3. Abbott
- 11.5.3.1. Overview,
- 11.5.3.2. Products & Services,
- 11.5.3.3. SWOT Analysis,
- 11.5.3.4. Recent Developments,
- 11.5.3.5. Strategies,
- 11.5.3.6. Financials (based on availability)
- 11.5.4. Cook
- 11.5.4.1. Overview,
- 11.5.4.2. Products & Services,
- 11.5.4.3. SWOT Analysis,
- 11.5.4.4. Recent Developments,
- 11.5.4.5. Strategies,
- 11.5.4.6. Financials (based on availability)
- 11.5.5. Teleflex Corporation
- 11.5.5.1. Overview,
- 11.5.5.2. Products & Services,
- 11.5.5.3. SWOT Analysis,
- 11.5.5.4. Recent Developments,
- 11.5.5.5. Strategies,
- 11.5.5.6. Financials (based on availability)
- 11.5.6. Cardinal Health Inc.
- 11.5.6.1. Overview,
- 11.5.6.2. Products & Services,
- 11.5.6.3. SWOT Analysis,
- 11.5.6.4. Recent Developments,
- 11.5.6.5. Strategies,
- 11.5.6.6. Financials (based on availability)
- 11.5.7. Merit Medical Inc.
- 11.5.7.1. Overview,
- 11.5.7.2. Products & Services,
- 11.5.7.3. SWOT Analysis,
- 11.5.7.4. Recent Developments,
- 11.5.7.5. Strategies,
- 11.5.7.6. Financials (based on availability)
- 11.5.8. Terumo Medical Corporation
- 11.5.8.1. Overview,
- 11.5.8.2. Products & Services,
- 11.5.8.3. SWOT Analysis,
- 11.5.8.4. Recent Developments,
- 11.5.8.5. Strategies,
- 11.5.8.6. Financials (based on availability)
- 11.5.9. Olympus Corporation
- 11.5.9.1. Overview,
- 11.5.9.2. Products & Services,
- 11.5.9.3. SWOT Analysis,
- 11.5.9.4. Recent Developments,
- 11.5.9.5. Strategies,
- 11.5.9.6. Financials (based on availability)
- 11.5.10. C. R. Bard, Inc.
- 11.5.10.1. Overview,
- 11.5.10.2. Products & Services,
- 11.5.10.3. SWOT Analysis,
- 11.5.10.4. Recent Developments,
- 11.5.10.5. Strategies,
- 11.5.10.6. Financials (based on availability) "
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.