Press release
Vascular Guidewires Market Rapidly Growing in Medical Devices, Competitor Analysis, Trends and Top Key Players (Abbott Vascular, Cordis, Braun Melsungen, Boston Scientific, Medtronic, CR Bard, Gore Medical, Biotronik, JOTEC GmbH) | Forecasts 2019 - 2023
Vascular Guidewires Market
Overview of the Global Vascular Guidewires Market:
The Global Vascular Guidewires market is estimated at $1,117 Million in 2016 and is expected to reach $1,951 Million by 2023 growing at a CAGR of 8.2%.
Rising incidences of cardiac disorders demand for minimally invasive procedures, technological advancements and growth in geriatric population are some of the key factors propelling the market. However, risks & complications associated with Guidewires is hampering the market. Similarly, rise in the use of nitinol in vascular guidewires are expected to provide several opportunities for the market growth.
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Based on Product Coronary Guidewires segment is anticipated to remain dominant throughout the forecast period owing to rise in prevalence of cardiac disorders globally. Coronary guidewires are tube-like structures used as a guide to implant a stent through a catheter in the coronary artery that supplies blood to the heart.
Geographically, North America dominated the market owing to adoption of technologically advanced interventional vascular devices, unhealthy diet habits, favorable reimbursement rates for interventional procedures. In addition, presence of highly developed healthcare infrastructure provides opportunities for vascular guidewires market in the region.
Major Key Players:
1 Abbott Vascular
2 Cordis Corporation
3 Braun Melsungen
4 GaltNeedleTech
5 Boston Scientific
6 Medtronic
7 CR Bard
8 Asahi Intecc
9 Gore Medical
10 Terumo Corporation and More………….
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Market Segment by Products:
1 Peripheral guidewires
2 Coronary guidewires
Market Segment by Coating Types:
1 Non-Coated
2 Coated
Market Segment by End Users:
1 Ambulatory surgical centers
2 Hospitals
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Table of Contents:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Vascular Guidewires Market, By Product
6 Global Vascular Guidewires Market, By Coating Type
7 Global Vascular Guidewires Market, By End-User
8 Global Vascular Guidewires Market, By Geography
9 Key Developments
10 Company Profiling
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