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Guidewires Market: Evolving Technology In Healthcare Industry Trends Analysis 2018-Dominated By Medtronic, Boston Scientific Corporation, C.R. Bard, Terumo Corporation, Abbott Laboratories And Others-Forecast 2025
global guidewires market
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Global Guidewires market is expected to reach USD 956.3 million by 2025, from USD 587.9 million in 2017 growing at a CAGR of 4.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Different points covered in this report are market overview, competitive analysis, competition by manufacturers, new players, suppliers and vendors, regional output, type and application, volume and shares, sales value and product price, sales revenue and gross margin.
The Guidewires Market is poised to grow strong during the forecast period 2018 to 2025. Some of the prominent trends that the market is witnessing include improved profitability as a result of aim, introduction of maintenance-as-a-service model in industries, increasing demand in Industry and growth opportunities and investment opportunities
Competitive Analysis: Global Guidewires Market
The global guidewires market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of guidewires market for global, Europe, North America, Asia Pacific and South America.
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Major Market Competitors/Players: Global Guidewires Market
• Medtronic,
• Boston Scientific Corporation,
• C.R. Bard,
• Terumo Corporation,
• Abbott Laboratories,
• B. Braun Melsungen AG,
• Johnson & Johnson Services, Inc.,
• Stryker,
• Olympus Corporation,
• Teleflex Incorporated,
• Cook Group,
• Merit Medical Systems, Inc.,
• Cardinal Health,
• AngioDynamics,
• ASAHI INTECC CO., LTD.,
• Cordis Corporation,
• Integer Holdings Corporation,
• CONMED Corporation,
• TE Connectivity,
• Custom Wire technologies, Inc.,
• Modern Grinding,
• Peter Pflugbeil GmbH,
• eucatech AG,
• NeoMetrics, Inc.,
• SP Medical A/S,
• Acme Monaco
• Among others.
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Major Market Drivers and Restraints:
• Growing Applications of Guidewires
• Constant Product Launches By Major Manufacturers
• Favorable Medical Reimbursements for Guidewires in Developed Nations
• Higher Prices of Surgical Guidewires
• Dearth of Skilled Surgeons to Conduct Minimally Invasive Surgeries
• Growing Healthcare Expenditure In Emerging Countries
Market Segmentation: Global Guidewires Market
• The global guidewires market is segmented based on product, material, application, end user, and geographical segments.
• Based on product the global guidewires market is segmented into surgical guidewires, and diagnostic guidewires. The surgical guidewires segment is further sub-segmented on the basis of product into hydrophilic surgical guidewires, and hydrophobic surgical guidewires. The diagnostic guidewires segment is further sub-segmented on the basis of product into hydrophilic diagnostic guidewires, and hydrophobic diagnostic guidewires.
• By material the global guidewires market is segmented into nitinol guidewires, stainless steel guidewires, and hybrid guidewires.
• Based on application the global guidewires market is segmented into cardiology applications, vascular applications, neurology applications, urology applications, gastroenterology applications, oncology applications, and otolaryngology applications.
• On the basis of end user the market is segmented into hospitals, diagnostic centers, and surgical centers, ambulatory care centers, and research laboratories & academic institutes.
• Based on geography the global guidewires market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.
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