openPR Logo
Press release

The Pressure Guidewires Market to be driven by digiceuticals

01-18-2022 05:01 AM CET | Health & Medicine

Press release from: Persistence Market Research

The Pressure Guidewires Market to be driven by digiceuticals

The Pressure Guidewires Market is expected to grow on an irreversible note in the next 10 years. The future scenario would be data-driven healthcare. This would, in turn, widen the potential for enhancing treatment options. With interoperability taking the centre stage, program participants could access app blueprints, data templates, and security tools. Thus, the big data cloud would turn out to be kinetic. This would result in an upswing in the healthcare vertical going forward.

Increasing healthcare expenditure on treatment of cardiovascular diseases continues to propel the demand for pressure guidewires in the world. Cardiovascular treatment procedures developed over the years have integrated the use of pressure guidewires for navigating through blood vessels or lesions. The instrumental contribution of pressure guidewire as a medical device in assisting the highly-intrinsic cardiovascular surgeries, coupled with the rising preference to angioplasty, helps it gain surplus demand from all corners of the world.

Planning Forward? Access Sample of Pressure Guidewires Market Report@ https://www.persistencemarketresearch.com/samples/12859

A recent study conducted by Persistence Market Research projects that in 2017, global pressure guidewire revenues are estimated to reach US$ 538.02 million. By the end of 2024, these revenues will exhibit a CAGR of over 10%, effectuating the procurement of an estimated US$ 1,084.6 million in terms of global market value.

The global market for pressure guidewires continues to surge as medical organizations and research institutes are striving for the development of fractional flow reserve (FFR) technology. Advancements in FFR technologies will not only promote the use of pressure guidewires, but are intended to bring forth enhanced and more effective ways for angioplasty procedures such as PTA and PTCA.

How About Re-Inventing The Methodical Wheel In The Pressure Guidewires Market? Switch Over To The “Methodology” Tab! https://www.persistencemarketresearch.com/methodology/12859

According to Persistence Market Research, the global pressure guidewire market will witness significant contribution from Koninklijke Philips N.V. (Volcano Corporation) and Abbott Laboratories (St. Jude Medical, Inc.) – global industry leaders in medical device manufacturing. While these two players are expected to account for nearly two-third of global pressure guidewire revenues, the market will also see considerable involvement of North American companies Opsens, Inc. (Canada) and Boston Scientific Corporation (US).

Company Profiles:

Boston Scientific Corporation
Opsens Inc.
Koninklijke Philips N.V.
Abbott Laboratories
Others

Planning To Introduce An Offbeat Product/Technology In The Pressure Guidewires Market? Go To “Purchase Now” To Have Our Pressure Guidewires Market Report! https://www.persistencemarketresearch.com/checkout/12859

Global Pressure Guidewire Market: Regional Overview

Key findings from the report indicate that North America will retain its dominance in the global pressure guidewire market by accounting for over 30% revenue share in 2017 and beyond. Nevertheless, the pressure guidewire market in Asia-Pacific (APAC) is anticipated to register fastest growth at 11.5% CAGR through 2024. While the Middle East & Africa (MEA) region might remain comparatively less lucrative for sales of pressure guidewires, Europe and Latin America are collectively projected to account for nearly US$ 400 million of global market value by the end of forecast period.

Surging Demand for Flexibly-tipped Pressure Guidewires

In 2016, over 60% of global pressure guidewire revenues were accounted by sales of flat-tipped pressure guidewires. While the report predicts that demand for flat-tipped pressure guidewires will remain higher throughout the forecast period, flexible tip pressure guidewires are also expected to gain traction as a product. In 2017, global sales of flexible tip pressure guidewires will be bringing in an estimated US$ 202 million. Compared to flat-tipped pressure guidewires, revenues from sales of flexible tipped pressure guidewires will register increment at the highest CAGR – 11%.

Complete Report Details@ https://www.persistencemarketresearch.com/market-research/pressure-guidewires-market.asp

In the report, titled “Pressure Guidewire Market: Global Industry Analysis and Forecast, 2016-2024,” Persistence Market Research has projects that optical fiber technology will be witnessing higher preference for manufacturing and operating pressure guidewires. Nonetheless, revenues accounted by pressure wire technology are anticipated to remain higher and will surpass US$ 500 million by 2021. The report has identified hospitals as the largest end-user of pressure guidewires, contributing to nearly three-fourth of global pressure guidewire market value. Independent catheterization laboratories will also remain a key end-user, while demand for pressure guidewires will be comparatively less in ambulatory surgical centers.

Related Reports:

Diabetic Gastroparesis Market - https://www.persistencemarketresearch.com/market-research/diabetic-gastroparesis-market.asp

Asian Breast Implants Market - https://www.persistencemarketresearch.com/market-research/asian-breast-implants-market.asp

Contact Us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

About Us:

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

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 The Pressure Guidewires Market to be driven by digiceuticals here

News-ID: 2529876 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Pressure

Benefits of Pressure Washing With Cen-Cal Pressure Pros
Fresno, CA - Over time, a property's exterior surfaces will collect debris, causing them to lose their visual appeal. This negative effect will become more and more noticeable over time, eventually causing property owners to seek out the best solution. In most cases, pressure washing [https://www.cencalpressurepros.com/pressure-washing-company-in-fresno-ca/] is the go-to answer to dirty exterior surfaces. Pressure washing uses high-pressure water to disturb and remove debris from these surfaces. This process has
Ensuring Pressure Washing Safety With D4S Pressure Washing
Tampa, FL - Pressure washing [https://www.d4spressurewashing.com/pressure-washing-company-in-tampa-fl/] is an effective way of restoring a property's exterior surfaces. The process makes them cleaner, and as a result, more visually appealing. However, pressure washing does not come without its fair share of challenges. For instance, pressure washing uses highly pressurized water, and handling this force can cause significant harm or damage if the correct precautions are not taken. Learn what precautions to take
How Midland Pressure Washing Conquers Pressure Washing Challenges
Leawood, KS - Pressure washing [https://www.midlandpressurewash.com/pressure-washing-company-in-leawood-ks/] does not go the exact same way every single time. In fact, this versatile process is used to clean a variety of different surfaces, and the precise details of pressure washing can be customized to match the job. With some knowledge of the demands of every surface that needs to be cleaned, residential and commercial property owners can harness the power of pressure washing
Pressure Washing vs. Soft Washing With Riptide Pressure Washing
Wilmington, NC - The exterior surfaces of any property will become dirty over time. When this occurs, the owner of the property may become interested in cleaning them. However, the best way to accomplish this work may not be immediately clear. Should exterior surfaces be pressure washed, or soft washed? And what precisely is the difference between these two options? Riptide Pressure Washing [https://www.riptide-wash.com/] proudly provides pressure washing [https://www.riptide-wash.com/pressure-washing-company-in-wilmington-nc/] and
DIY Pressure Washing Versus Professional Pressure Washing
West Hartford, CT - When a property's exterior surfaces become coated with dirt and debris, the property owner may decide the surfaces need to be pressure washed. At this point, the property owner has to make an important decision. Will they attempt to clean those exterior surfaces on their own? Or will they reach out to a professional business for the help they need? Both of these paths are valid
Precision Under Pressure: Trends in Fluid Pressure Sensors
The Business Research Company recently released a comprehensive report on the Global Fluid Pressure Sensors Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, the fluid pressure