openPR Logo
Press release

Guidewires Market Revenue Forecast 2026 By Regional Players Abbott Laboratories, AngioDynamics Inc., Asahi Intecc CO., LTD

05-11-2021 06:46 AM CET | Health & Medicine

Press release from: Global Market Insights,Inc.

Guidewires Market Revenue Forecast 2026 By Regional Players

Guidewires Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The guidewires market is slated to witness considerable revenue growth over the coming years, undeniably attributing to the rising preference for minimally invasive surgeries across the globe. According to recent reports, nearly 1.5 million cases of MI (myocardial infraction) occur yearly across the U.S. alone. This has further resulted in an elevated adoption of guidewires, which is greatly favoring the industry growth.

As per a GMI, research report, guidewires market is slated to surpass a $1.2 billion valuation by 2026.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/425

Industry-leading participants have been producing guidewires with a variety of materials, flexibility, length, diameters, coatings, and other mechanical properties for suitability in a wide range of clinical applications. Based on material, the stainless steel segment held 22.5% of the total market share in 2019. Stainless steel is preferred raw material owing to the fact that it exhibits superior mechanical properties like more torque ability, push ability, and good shape ability.

Nitinol is another important material segment that is expected to push guidewires industry outlook in terms of growth rate as well as revenue share. The companies have started manufacturing Nitinol-based guidewires steel due to its advantages such as superior flexibility and low cost as compared to other materials, which is likely to improve global guidewires business outlook.

Guidewires have been a mainstay of peripheral procedures and are now a fundamental tool used to establishing access to vascular systems. In fact, the peripheral guidewires segment held 28.9% of the total market share in 2019. Peripheral guidewires are used in supporting the placement of catheters in vessel anatomy. Some of peripheral guidewires that have gained prominence in the healthcare settings include Gaia PV peripheral guidewires, ASAHI Gladius, ASAHI Halberd (Asahi Intecc Co., Ltd.), Victory Guidewires (Boston Scientific), and carnelian support (Biotronik).

On the regional front, the Europe guidewires market is expected to record USD 331.2 million by 2026. This growth is majorly attributed to the high prevalence of cardiovascular diseases and an increase in the number of peripheral and coronary interventions. As per the EHN (European Heart Network) estimates, in 2017, CVD was responsible for the deaths of 3.9 million people in Europe. This has led to an increase in the demand for minimally invasive surgeries, which in turn driving Europe guidewires market size.

As per estimates, based on volume, the guidewires market is estimated to be over 77.5 million units by 2026. The strong presence leading industry participants is a key reason boosting guidewires market volume. Companies such as Cook Group Incorporated, B. Braun Melsungen AG, Medtronic plc., Boston Scientific Corporation, and Olympus Corporation have been leveraging organic and inorganic growth strategies like mergers, acquisitions, and product innovations to tap major market share.

Request for customization @ https://www.gminsights.com/roc/425

The recent approval of cutting-edge hybrid guidewires made from nickel, stainless steel, and titanium has also created lucrative opportunities for leading companies. Hybrid guidewires serve a comprehensive range of applications with numerous OD, tip shape, and length options.

Recently, Olympus Corporation launched UltraTrackHybrid guidewires to enable easy access and secure placement during the most challenging procedures. The product consolidated its portfolio and augmented their revenue generation. Such initiatives are likely to accelerate guidewires market growth over 2020-2026.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Guidewires Market Revenue Forecast 2026 By Regional Players Abbott Laboratories, AngioDynamics Inc., Asahi Intecc CO., LTD here

News-ID: 2282702 • Views: 402

More Releases from Global Market Insights,Inc.

Scanning Electron Microscope Market Forecast 2027 | Carl Zeiss, Thermo Fischer S …
Scanning Electron Microscope Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. Technological advancements in developing microscopes with high integration and resolution power have spurred the demand for scanning electron microscopes (SEM). These microscopes are primarily utilized for quality
New growth opportunities for textile market players, which will directly influen …
Muconic Acid Market share is forecast to surpass USD 60 million by 2024; according to a new research report by Global Market Insights, Inc. Muconic acid market will be primarily driven by textile and plastics industry growth in the near future. Increasing per capita income of consumers, especially in Latin America and Asia Pacific, is directly increasing their expenditure budget, which implies improved living standards. This presents new growth opportunities
Glutathione Market overview by 2025| Kyowa Hakko Bio Co. Ltd.,, Shandong Jinchen …
Glutathione market has been expanding due to the oxidative stress reducing properties of glutathione that have found widespread application in the context of rising stress levels. Glutathione supplements in diet have witnessed demand due to their nutritional benefits and accredited for boosting glutathione industry size. According to the reliable reports, by 2020, chronic diseases will account for almost three-quarters of all deaths globally. Out of these 71% of deaths will
Latest Trends In Material Handling Equipment Market; Key Players Siemens, Vander …
The size of Material Handling Equipment Market was registered at USD 140 billion in the year 2018 and is anticipated to cross USD 200 billion by 2025. Between the period 2019 -2025, the Material Handling Equipment Market is expected to register a CAGR of 6%. Improving industrial sector and enhancing productivity in developing economies will drive market growth over the forecast timespan. Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/1384

All 5 Releases


More Releases for Guidewires

Cardiac Guidewire and Catheters Market | Coronary Guidewires
Global Cardiac Guide Wire and Catheters Market is Expected to Increse around US$ XX Mn by 2024, Due to Increasing Cardiovascular Disease Such as Heart Attack and Atherosclerosis Analyst Speak: “The Global Cardiac Guide Wire and Catheters Market is anticipated to reach about US$ XX Mn by 2024, and anticipated to expanding at a CAGR over six years of forecast period 2019-2024” due to rise in occurrence of cardiovascular diseases and
“Guidewires Market” 2018 Synopsis | Current & Future Plans With Growth Rate …
Guidewires Market - Competitive Insights: Some of the leading players in the market are Boston Scientific Corporation, Abbott Laboratories and Terumo Corporation. Terumo Corporation inferable from the existence of a broad item portfolio and high market infiltration rates in rising economies, for example, China and India overwhelmed the peripheral guidewires market in 2013. Major players of the urology guidewires showcase incorporate Boston Scientific Corporation, Terumo Corporation, Cook Medical and Bard Medical
Guidewires Market Share, Size, Trends & Forecast
Guidewires market revenue is poised to witness a considerable surge over the coming years, driven by its growing applications in minimally invasive surgeries along with its rising popularity across medical sector. Moreover, rise in aging population, resulting in occurrence of cardiovascular, urological, and neurovascular diseases is expected to benefit the industry growth over the next few years. As per the WHO predictions, the old population across the globe is expected
Guidewires Market Growth Analysis 2025
A prominent trend in the global guidewires market is the thrust on research and development by keen companies to come up with innovative products to suit an array of medical procedures. This strategy of product development is meant to up sales and revenues. To that end, companies are increasing allocations on research and development. Some of the noteworthy players in the global guidewires market are Abbott, Terumo Medical Corporation, Integer Holdings
Guidewires Market - Global Industry Insights, 2025
Guidewires are flexible and thin tubes that guide a catheter for placement in the diseased organ. Guidewires are used to open the target vessels, cross lesions and provide definitive interventional therapy to patients. Guidewires are the crucial components of vascular intervention with indispensable uses in the field of minimally invasive surgeries due to its capacity of rendering precise and effective results. Guidewires are of several types as various clinical presentations
Neurovascular Guidewires Market: Challenges and Opportunities Report
Neurovascular guidewire is a medical device used to carry stents, catheters and balloons to cure intracranial blood vessel diseases such as cerebral arteriovenous malformations and aneurysms. These guidewires are placed inside catheters for optimal visibility and navigability. The precise, safe, minimally invasive and durable nature of this neurovascular guidewire technology has made its use more promising. With the advantage of less trauma, lower costs and faster recovery time, neurovascular guidewire