What's driving the Coronary Guidewires Market Growth? Prominent Players : Abbott , Teleflex Corporation , Boston Scientific Corporation , Medtronic , Cardinal Health Inc., Merit Medical Inc. , Terumo Medical Corporation , BIOTRONIK SE & CO.

The global coronary guidewires market size is projected to reach USD 594.8 million by 2026. The increasing number of cardiovascular surgical procedures will create several opportunities for market growth. According to a report published by Fortune Business Insights, titled "Coronary Guidewires Market Size, Share & Industry Analysis, By Material (Nitinol, Stainless Steel, and Others) By Coating (Coated and Non-Coated) By End User (Hospitals, Cardiac Catheterization Laboratories, and Others) and Regional Forecast, 2019-2026," the market was worth USD 383.3 million in 2018 and will exhibit a CAGR of 5.7% during the forecast period, 2019-2026.

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The report covers :
o Global coronary guidewires market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast time frame.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.

An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.

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Leading Players operating in the Coronary Guidewires Market are :

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
o Abbott
o Teleflex Corporation
o Boston Scientific Corporation
o Medtronic
o Cardinal Health Inc.
o Merit Medical Inc.
o Terumo Medical Corporation
o BIOTRONIK SE & CO.

Increasing Number of Regulatory Approvals Will Aid Growth
The report encompasses several factors that have contribute to the growth of the global market in recent years. Among all factors, the increasing number of regulatory clearances have mad the highest impact on the growth of the market in recent years. The increasing emphasis on the development of newer products will contribute to market growth. In March 2017, Teleflex announced that it received clearance from the US Food and Drug Administration (FDA) for the 'Spectre' in the United States. The product is designed for use in percutaneous procedures and helps position the catheters and other interventional devices within the coronary vasculature. The report highlights a few of the major industry developments of recent times and gauges their impact on the growth of the market.

North America to Emerge Dominant; Presence of Favorable Reimbursement Policies to Aid Growth
The report analyzes the ongoing coronary guidewires market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these, the market in North America is likely to dominate the market in the coming years.The presence of numerous modern healthcare institutions and ease of availability of products associated with coronary guidewires will aid the growth of the regional market. The increasing emphasis on the adoption of modern equipment will emerge in favour of market growth. As of 2018, the market in North America was worth USD 128.5 million and this value is likely to increase further in the coming years. The presence of severalfavorable health reimbursement policies will have a direct impact on the growth of the market in this region. Besides North America, Asia Pacific will witness considerable growth in the coming years, owing to the high prevalence of cardiovascular diseases.

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