A guidewire completes the role of a guide towards the insertion of larger devices, such as a catheter, into the patient's body. The material majorly used in making guidewire is core steel with a covering applied over the core steel. The coating may be of hydrophilic or hydrophobic polymer. The vascular guidewires are used for the numerous surgical procedures such as angioplasty stents, angioplasty balloons, endovascular aneurysm repair stent grafts, hemodynamic flow alteration devices, and others.
MARKET DYNAMICS
Vascular guidewires market is anticipated to grow in the forecast period owing to driving factors such as rise in prevalence of cardiovascular disorders, upsurge in geriatric population, and technological development of vascular guidewires. Moreover, rising demand for minimally invasive procedures, increasing demand in emerging economies of the Asia Pacific are also offering opportunity in the market growth during the forecast period.
MARKET SCOPE
The "Global Vascular Guidewires Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of vascular guidewires market with detailed market segmentation by material, application, coating type, end user, and geography. The global vascular guidewires market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading vascular guidewires market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global vascular guidewires market is segmented on the basis of material, application, coating type, and end user. Based on material, the market is segmented as nitinol, stainless steel, and hybrid. Based on application, the vascular guidewires market is segmented into coronary guidewires, peripheral guidewires, urology guidewires, and neurovascular guidewires. On the basis of coating type, the vascular guidewires market is bifurcated into coated and non-coated. Based on end user, the market is segmented as hospitals, ambulatory surgical centers, and specialty clinics.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global vascular guidewires market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The vascular guidewires market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting vascular guidewires market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the vascular guidewires market in these regions.
MARKET PLAYERS
The report covers key developments in the vascular guidewires market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from vascular guidewires market are anticipated to lucrative growth opportunities in the future with the rising demand for vascular guidewires in the global market. Below mentioned is the list of few companies engaged in the vascular guidewires market.
The report also includes the profiles of key vascular guidewires market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Medtronic
- Boston Scientific Corporation
- Abbott
- Terumo Corporation
- Cardinal Health
- Johnson & Johnson Services, Inc.
- B. Braun Melsungen AG
- C.R. Bard (BD)
- Cook
- Olympus Corporation