Press release
Global Pressure Guidewire Market 2022: North America Anticipated to be the Most Lucrative Regional Market
Pressure guidewires are medical devices used in a variety of interventional procedures to measure and monitor blood pressure within the body. These devices are commonly used in cardiology, neurology, and other medical specialties to diagnose and treat diseases and conditions that affect blood vessels and blood flow.Request For Free Sample Report of "Pressure Guidewires Market"@ https://www.persistencemarketresearch.com/samples/12859
The market for pressure guidewires is expected to experience significant growth in the coming years, driven by a number of factors including:
Advances in technology: The development of new, more advanced pressure guidewires is likely to increase the use of these devices in medical procedures.
Increasing prevalence of chronic diseases: The growing prevalence of chronic diseases such as heart disease and diabetes is expected to drive demand for pressure guidewires, as these conditions often require the use of these devices for diagnosis and treatment.
Government support: Governments around the world are increasingly recognizing the potential of pressure guidewires and are investing in research and development in this area.
Private sector investment: Private companies are also investing in pressure guidewires, with many pharmaceutical and biotech companies working on the development of new technologies and devices in this field.
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Companies
Boston Scientific Corporation
Opsens Inc.
Koninklijke Philips N.V.
Abbott Laboratories
Others
Overall, the pressure guidewires market is expected to be worth billions of dollars in the coming years, with strong growth potential in both developed and developing countries.
Market share of companies based in North America
U.S based Abbott Laboratories held around 26% revenue share in the pressure guidewire market in 2015. The company has a strong foothold in cardiovascular products. It deals with both flat and agile tip pressure guidewire with pressure wire technology.
Canada based Opsens Inc. focuses on optical based pressure guidewire such as OptoWire Deux and OptoWire One. Opsens Inc. has the potential to be the key player in the pressure guidewire market with its unique and advanced technology and held around 20% revenue share in the past year.
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