According to the latest report by IMARC Group, titled “Guidewires Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” the global guidewires market is expected to grow at a CAGR of 3.71% during 2024-2032. A guidewire is a thin, flexible medical wire used to insert, position and move larger devices such as a catheter, central venous line, or feeding tube. It is designed to navigate vessels to reach a lesion or vessel segment. The guidewire has become an integral part of various medical procedures and its use is steadily increasing and expanding. As a result, it is available in a wide array of shapes and tapers for medical specialties.
Global Guidewires Market Trends:
The occurrence of chronic diseases, such as cardiovascular, urological and neurovascular disorders, especially in the geriatric population, represents the primary factor bolstering the market growth. Guidewires are used for conducting bariatric procedures and diagnosing and treating cardiovascular diseases (CVDs). Besides this, with a significant rise in the healthcare expenditure, individuals are opting for minimally invasive surgical techniques as they offer reduced pain, faster recovery time and smaller incisions. Moreover, with technological advancements, manufacturers can develop a broad range of guidewires, including percutaneous transluminal coronary angioplasty (PTCA) guidewires and micro-guidewires.
Market Summary:
- Based on the product, the market has been segmented into surgical and diagnostic guidewires.
- On the basis of the material, the market has been classified into nitinol, stainless steel and others.
- The market has been categorized based on the application into coronary, neurovascular, urology and others.
- On the basis of the end user, the market has been segregated into hospitals, diagnostic centers and surgical centers, ambulatory care centers (ACC), and others.
- Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
- The competitive landscape of the market has been examined, with some of the key players being Abbott Laboratories, AngioDynamics Inc., ASAHI INTECC Co., Ltd., B. Braun (B. Braun Holding GmbH & Co. KG), Boston Scientific, C. R. Bard Inc. (Becton, Dickinson and Company), Cardinal Health, Cook Medical Incorporated (Cook Group), Johnson & Johnson, Medtronic Plc, Merit Medical Systems Inc., Olympus Corporation, Stryker Corporation, Teleflex Medical Inc. and Terumo Corporation.
Report Scope:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Product, Material, Application, End User, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Abbott Laboratories, AngioDynamics Inc., ASAHI INTECC Co., Ltd., B. Braun (B. Braun Holding GmbH & Co. KG), Boston Scientific, C. R. Bard Inc. (Becton, Dickinson and Company), Cardinal Health, Cook Medical Incorporated (Cook Group), Johnson & Johnson, Medtronic Plc, Merit Medical Systems Inc., Olympus Corporation, Stryker Corporation, Teleflex Medical Inc. and Terumo Corporation |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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