Global Guide Wire Market Size, Growth, Industry Analysis by Key Players: Terumo Medical, Abbott Vascular, Asahi, Boston Scientific Corporation, Cardinal

In its recently published report, QY Research has provided unique insights about global Guide Wire market for the given period. One of the main objectives of this report is to categorize the various dynamics of the market and to offer latest updates such as mergers and acquisitions, various technological developments, new entrants in the market, which make an impact on different segments of the global Guide Wire market.

Global Guide Wire market size will increase to 1500 Million US$ by 2025, from 1020 Million US$ in 2017, at a CAGR of 4.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Guide Wire. The key consumption markets locate at developed countries. The North America takes the market share of 30%, followed by EU with 25.6%. China’s consumption market has a quicker growing speed of CAGR 9.6%.

This report researches the worldwide Guide Wire market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Guide Wire breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Peripheral guidewires have multiple layers which includes central core, distal tip and outer coating. Central core is generally made up of stainless steel or nitinol which posses’ superior torque characteristics. Distal tip has variable length and it is made up of radio-opaque material e.g. platinum or iridium alloys and provides flexibility during operations. Peripheral guidewires are coated with a polymer, such as silicone or polytetrafluoroethylene (PTFE), to increase lubricity.Peripheral guidewires are used during the percutaneous transluminal angioplasty and angiography for guiding the stents or catheters to the site of action in the peripheral vasculature.

Peripheral guidewire market is mainly driven by increasing demand for minimally invasive surgeries. Other important factor that propels the market growth is increasing worldwide geriatric population. Moreover, growing incidences of neurological, cardiovascular and urology disorders also fuel the market growth. It is important for patients to fully understand the risks of the procedure undergoing laparoscopy and other cardiovascular, neurovascular surgeries. Some risk factors associated with of minimally invasive surgery and preference given to open surgery may hamper the growth of this market.

The Guide Wire industry concentration is relatively high; there are just not much manufacturers in the world, and mainly from Japan and USA.

Global giant manufactures mainly distributed in Japan and USA. The manufacturers in Japan have a long history and unshakable status in this field. Manufacturers such as Terumo Medical and Asahi have relative higher level of product’s quality. As to United States, Abbott Vascular has become as a global leader through its own business and acquisition. In Europe, TE Connectivity acquired AdvancedCath and definitive agreement to acquire Creganna, thus leads the technology development. Most of Chinese manufactures are not professional producers, that make their products have lower market recognition, even in China domestic market.

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This report focuses on the top manufacturers' Guide Wire capacity, production, value, price and market share of Guide Wire in global market. The following manufacturers are covered in this report:

Terumo Medical

Abbott Vascular

Asahi

Boston Scientific Corporation

Cardinal

Integer

Medtronic

Cook Medical

TE Connectivity

Merit Medical Systems

SP Medical

Epflex

Shannon MicroCoil

Acme Monaco

Infiniti Medical

Custom Wire Technologies

Biotronik

Hanaco

Lepu Meidcal

Shenzhen Yixinda

Guide Wire Breakdown Data by Type

Straight Guide Wire

Angled Guide Wire

J-Shape Guide Wire

Guide Wire Breakdown Data by Application

Peripheral Artery Disease (PAD)

Cardiovascular Diseases

Guide Wire Production Breakdown Data by Region

United States

Europe

China

Japan

Other Regions

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