Coronary Guidewires Market Global Insights, Size and Outlook 2019 to 2025- Abbott Laboratories, Terumo Medical Corporation, Boston Scientific Corporation

The report presents an in-depth assessment of the Global Coronary Guidewires including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Coronary Guidewires investments from 2020 till 2025.

The Coronary Guidewires Market is expected to register a CAGR of 5.1% during the forecast period.

Coronary guidewires are specialized wires which are used in angioplasty procedures to introduce and position balloon catheters and other devices within the coronary system and they also facilitate the alignment of interventional devices and may also function as a measuring tool. These guidewires have the properties of steerability, traceability, flexibility and opacity. Coronary guidewires are selected based on the surgeons experience, catheter use, vessel anatomy and lesion morphology.

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Majority of the people opt for minimally invasive surgeries due to less post-operative pain, minimal cuts or stitches, shorter duration of hospital stay and patients need not visit the hospital frequently. As minimally invasive surgeries which are carried out with the help of guidewires are increasing, the demand for guidewires is increasing worldwide. According to World Health Organization (WHO), globally cardiovascular diseases (CVDs) are the number 1 cause of death, an estimated 17.9 million each year suffer with cardiovascular diseases. Four out of 5 cardiovascular deaths are due to strokes and heart attacks, and one third of deaths occur prematurely in people under 70 years of age. Increasing prevalence of cardiovascular and renal diseases, rise in number of interventional diagnostic procedures and growing demand for minimally invasive surgeries are the key driving factors in coronary guidewires market.

Top Leading Manufactures-

Abbott Laboratories, Terumo Medical Corporation, Boston Scientific Corporation, Cardinal Health, Inc, Merit Medical Systems, Integer Holdings Corporation, BIOTRONIK SE & Co. KG, Medtronic PLC, JOTEC GmbH, QXMedical, LLC.

Market Scenario

Stainless Steel Segment is Expected to Hold a Major Market Share in the Coronary Guidewires Market

- Stainless steel coronary guidewires are specialized wires which are used in angioplasty procedures to introduce and position balloon catheters and other devices within the coronary system which are non-magnetic, non-staining and corrosion resistant with antibacterial properties.
- According to the World Health Organization (WHO), globally cardiovascular diseases (CVDs) are the number 1 cause of death, an estimated 17.9 million each year suffer from cardiovascular diseases.
- Stainless steel segment hold a significant market share and anticipated to show a similar trend over the forecast period due to non-magnetic, non-staining and high corrosion resistance coupled with antibacterial properties.
- Increasing prevalence of cardiovascular and renal diseases, rise in a number of interventional diagnostic procedures and growing demand for minimally invasive surgeries are the key driving factors in the stainless steel segment.

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Competitive Landscape

The Coronary Guidewires Market is consolidated competitive and consists of few major players. In terms of market share, few of the major players are currently dominating the market. Some of the companies which are currently dominating the market are Abbott Laboratories, Terumo Medical Corporation, Boston Scientific Corporation, Cardinal Health, Inc, Merit Medical Systems, Integer Holdings Corporation, BIOTRONIK SE & Co. KG, Medtronic PLC, JOTEC GmbH and QXMedical, LLC.

Key Takeaways from this Report

─ Evaluate market potential through analyzing growth rates, Volume and price knowledge – for products type, finish use applications and by completely different trade verticals of Coronary Guidewires Market

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─Coronary Guidewires Market report analyzes the sales and distribution channels across key geographies to enhance top-line revenues

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─Get a fast outlook on the Coronary Guidewires market report entropy – Deals, partnerships, product launches of all key players for the past Five years.

─Evaluate the supply-demand gaps, import-export statistics and restrictive landscape for quite prime twenty countries Globally for the Coronary Guidewires market

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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