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Therapeutic Medical Guide Wire Market 2018; Foremost Players are Cordis, Biotronik, Infiniti Medical, Boston Scientific Corporation and more
Complete Study of Therapeutic Medical Guide Wire Market Research Report is added on MarketResearchFuture.com with Latest Advancement. Detail analysis on possible segments and sub segments of the Therapeutic Medical Guide Wire Market. Along with this regional analysis of the market which includes America, Europe, Asia Pacific and Middle East and Africa.Therapeutic Medical Guide Wire Market - Market Synopsis
It is estimated that therapeutic medical guide wire market is expected to grow at a CAGR 5.9% during the forecast period 2017-2023. Guide wire is a simple spring type wire that provides firmness and control to the site where angiogram is taken. The main function of guide wire is to guide the catheter for placement. This medical device is usually made up of stainless steel, but are also available in the form of metallic alloys. Majorly, there are two type of guide wires, i.e. solid guide wire, and wrapped guide wire. Both the types has one end rigid and other end flexible. The flexible tip enters the blood vessel first to prevent damage to the vessel. The most prominent advantage of using solid guide wire is that it reduces the chances of catheter tip flaring, and abrasion of the vessel.
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Guide wire is a simple spring type wire that provides firmness and control to the site where angiogram is taken. The main function of guide wire is to guide the catheter for placement. This medical device is usually made up of stainless steel, but are also available in the form of metallic alloys. Majorly, there are two type of guide wires, i.e. solid guide wire, and wrapped guide wire. Both the types has one end rigid and other end flexible. The flexible tip enters the blood vessel first to prevent damage to the vessel. The most prominent advantage of using solid guide wire is that it reduces the chances of catheter tip flaring, and abrasion of the vessel.
Key Players:
Cordis (Cardinal Health), Biotronik, SP Medical A S, Infiniti Medical, Acme Monaco, Abbott Laboratories, Boston Scientific Corporation, Medtronic plc, Terumo Medical Corporation, Cook Medical, and others.
Segments for Therapeutic Medical Guide Wire Market:
The global therapeutic medical guide wire market is segmented on the basis of type, shape, application, and end-users.
On the basis of type, the market is segmented into solid guide wire, and wrapped guide wire.
On the basis of shape, the market is classified into j-shaped, angled, and straight.
On the basis of application, the market is classified into peripheral artery disease, cardiovascular diseases, neurovascular diseases, and urological disease.
On the basis of end -users, the market is segmented into hospitals, clinics, and academic institutes.
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Regional Analysis of Therapeutic Medical Guide Wire Market:
The Americas dominate the therapeutic medical guide wire market owing to the high prevalence of chronic disorders, a well-developed technology, high healthcare expenditure, and the presence of the leading players. Due to high prevalence of the chronic conditions, companies, private organization, and government associations actively participate to control the increasing incidence of chronic conditions. CDC has stated that out of total annual healthcare expenditure i.e. USD 27 trillion, 86% is for people with chronic health conditions in the United States
Europe holds the second position in the therapeutic medical guide wire market. It is expected that the support provided by the government bodies for research & development, a well-developed technology, and demand for minimally invasive surgical procedures drives the market in European region. According to the 2014 European Union statistics, bronchoscopy and colonoscopy were the two most common surgical procedures opted for diagnosis and treatment purpose in European region
Asia Pacific region is projected to be the fastest growing region during the forecast period. Rising burden of chronic disorders, and rapidly improving technology drives the growth of this market in Asia Pacific region. As per the study published in BMC Public Health in 2017, prevalence of type-2 diabetes, obesity, and cardiovascular disease has increased rapidly in recent years.
The Middle East and Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in African region.
Major TOC of Therapeutic Medical Guide Wire Market Research Report- Global Forecast till 2023
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Therapeutic Medical Guidewire by Type
7 Global Therapeutic Medical guidewire by Shape
8 Global Therapeutic Medical guidewire by Application
9 Global Therapeutic Medical guidewire by End Users
10 Global Therapeutic Medical guidewire by Regions
11 Competitive Landscape
12 Company Profiles
13 MRFR Conclusion
14 Appendix
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