Guidewires Market Opportunities During 2016-22

Guidewires Market Opportunities During 2016-22

ID: 593171

Guidewires Market by Material (Nitinol, Stainless Steel, Hybrid), Product (Surgical, Diagnostic (Hydrophilic, Hydrophobic)), Application (Cardiology, Vascular, Neurology, GIT, ENT, Urology, Oncology), End User (Hospital, ASCs)

(firmenpresse) -  The global guidewire market is projected to reach USD 764.0 Million by 2022 from USD 582.5 Million in 2016, at a CAGR of 4.8%.

In 2016, Boston Scientific (US), Abbott Laboratories (US), Medtronic (Ireland), Terumo Corporation (Japan), and Cook Group (US) held the leading position in the global guidewires market. In the past three years, these companies adopted product developments & commercialization, acquisitions, market expansions, and agreements & collaborations as their key business strategies to ensure market dominance. Cardinal Health (US), Olympus (Japan), Johnson & Johnson (US), B. Braun (Germany), and C.R. Bard (US) are some of the other major players in this market.

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Stakeholders

Original equipment manufacturers (OEMs)
Product sales and distribution companies
Healthcare service providers (such as hospitals, diagnostic, and surgical centers)
Non-government organizations
Government regulatory authorities
Research laboratories and academic institutes
Clinical research organizations (CROs)
Research and development companies
Market research and consulting firms
The growth witnessed by guidewires is mainly driven by the growing target patient population, continuous product launches by major manufacturers, increasing availability of medical reimbursements for guidewires across developed countries, and rising adoption of minimally invasive surgical procedures across major countries.

This report broadly segments the guidewire market into material, product, application, end user, and region.

Factors such as high cost of surgical guidewires, spending cuts, and excise duties on medical devices and dearth of skilled surgeons for minimally invasive surgeries are expected to restrain the growth of the market during the forecast period.

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List of Figures (39 Figures)

Figure 1 Research Design: Guidewires Market
Figure 2 Breakdown of Primaries: Guidewire Market
Figure 3 Data Triangulation Methodology
Figure 4 Nitinol Guidewires Segment is Estimated to Dominate the Guidewires Market During 2017–2022
Figure 5 Surgical Guidewires Segment is Estimated to Hold the Largest Share in the Guidewires Product Market in 2017
Figure 6 Cardiology Applications Segment is Estimated to Hold the Largest Share in the GuidewiresMarket During the Study Period
Figure 7 Hospitals, Diagnostic Centers, and Surgical Centers Segment are Estimated to Hold the Largest Share in the Guidewires Market for End User in 2017
Figure 8 North America to Dominate the Guidewire Market During the Forecast Period
Figure 9 Increasing Target Disease Incidence to Propel the Demand for Guidewires During the Forecast Period
Figure 10 Asia Pacific is Estimated to Be the Fastest-Growing Market for Guidewires Product Market During the Forecast Period


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Datum: 24.05.2019 - 12:35 Uhr
Sprache: Deutsch
News-ID 593171
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contact information:
Contact person: Mr Shelly Singh
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Phone: 8886006441

Kategorie:

Healthcare & Medical


Typ of Press Release: Financial
type of sending: send
Date of sending: 24.05.2019

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