Vascular Guidewires Market Growth & Key Business Strategies by Leading Industry Players Abbott Laboratories, B. Braun Melsungen AG, Biotronik SE & Co. KG, Boston Scientific Corporation, C. R. Bard, Inc., Cardinal Health, Inc., & Many Others

Global Vascular Guidewires Market was valued at $1,051 million in 2015, and is expected to reach $1,610 million by 2022, supported by a CAGR of 6.2% during the forecast period 2014 to 2022. Rise in prevalence of cardiovascular disorders, increase in geriatric population, demand for minimally invasive procedures, and rapid technological advancements in guidewires drive the market.

A guidewire is a flexible wire (may also be a spring in some cases), which helps the surgeons for introduction and proper placement of a medical device (particularly prosthesis) into a patient’s body. The use of guidewires is essential during an interventional procedure as they assist a medical practitioner guide a medical device through the patient’s anatomy. Therefore, vascular guidewires are used during various surgical procedures such as placement of angioplasty balloons, stents, and inferior vena cava filters.

Download Sample Report | https://www.alliedmarketresearch.com/vascular-guidewires-market

A guidewire is a long and flexible spring that assists the introduction and placement of implantable medical devices into a patients body. Vascular guidewires are used during various interventional cardiology procedures (including placement of angioplasty balloons, stents, and inferior vena cava filters) as they guide a surgeon for the correct placement of these devices.

Rise in prevalence of cardiovascular disorders, increase in geriatric population, demand for minimally invasive procedures, and rapid technological advancements in guidewires drive the market. However, risks and complications associated with guidewires, and availability of effective conventional treatment options restrict the market growth. Conversely, increase in use of nitinol in vascular guidewires and growth opportunities in the emerging economies of the Asia-Pacific and LAMEA regions are expected to provide several opportunities for the market growth during the forecast period.

Coronary guidewires segment is expected to maintain its dominant position throughout the analysis period, mainly due to due to the increase in prevalence of cardiac disorders globally. Peripheral guidewires segment is expected to grow at the highest CAGR of 7.7% from 2016-2022, owing to increased demand for minimally invasive procedures for peripheral interventions.

Key Findings of Vascular Guidewires Market:

• Based on end user, hospitals segment accounted for three-fifths of the total market in 2015
• Based on coating type, hydrophilic coating accounted for more than half of the total market in 2015
• Asia-Pacific is expected grow at the highest CAGR of 7.0%, owing to the presence of ample growth opportunities in terms of unmet medical needs for the treatment of vascular disorders
• In terms of procedure volumes, North America accounted for one-third of the total volume market in 2015

Get More Details | https://www.alliedmarketresearch.com/connect-to-analyst/2045

North America accounted for majority of the share (nearly two-fifths) in the market in 2015, and is expected to remain dominant throughout the forecast period. This is attributed to the increase in incidence of cardiovascular diseases, unhealthy diet habits, lack of necessary physical activity, increase in the elderly population, and favorable reimbursement rates for interventional procedures. In addition, the high adoption rate of technologically advanced devices and presence of highly sophisticated healthcare infrastructure are anticipated to provide new growth opportunities for the key players in this market.

The major companies profiled in the report include

• Abbott Laboratories,
• B. Braun Melsungen AG,
• Biotronik SE & Co. KG,
• Boston Scientific Corporation,
• C. R. Bard, Inc.,
• Cardinal Health, Inc.,
• Cook Medical, Inc.,
• Medtronic plc,
• Terumo Corporation, and
• The Spectranetics Corporation

Table Of Content

Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.2.1. Competitive intelligence of companies and their strategies
3.3. MARKET SHARE ANALYSIS, 2015
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Growing incidences of cardiac disorders and increasing geriatric population
3.4.1.2. Increasing patient awareness
3.4.1.3. Presence of high unmet medical needs
3.4.2. Restraints
3.4.2.1. Risks and complications associated with guidewires
3.4.2.2. Preference for drugs over treatment devices
3.4.3. Opportunities
3.4.3.1. Lucrative opportunities in emerging economies
3.4.3.2. Use of nitinol in vascular guidewires
3.4.4. Impact analysis
3.5. CLINICAL TRIALS

Access Full Summery @ https://www.alliedmarketresearch.com/press-release/vascular-guidewires-market.html

About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.