Market Overview:
The global guidewires market is expected to exhibit a growth rate (CAGR) of 4% during 2023-2028.
A guidewire is a thin and flexible tube used for introducing, guiding and placing medical devices inside the patient’s body. It is usually manufactured using nitinol, stainless steel, platinum, palladium, bimetal, tungsten and polymers that offer high tensile and torque strength, durability and resistance to fatigue. Guidewires are crucial for conducting vascular interventions and minimally invasive (MI) surgeries, as they are coated with hydrophilic and hydrophobic compounds to increase lubrication and are used for reaching lesions in the blood vessel. These wires also improve device delivery and minimize the risk of vascular injuries, owing to which they find extensive applications in various cardiovascular, gastrointestinal, urology and interventional radiology procedures.
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The increasing prevalence of chronic disorders across the globe, along with the growing preference for MI procedures, is one of the key factors driving the growth of the market. Guidewires are primarily used for conducting bariatric procedures and diagnosing and treating various neurological and cardiovascular diseases (CVDs), such as ischemic heart disease, brain aneurysm and nephrolithiasis. In line with this, the utilization of nitinol materials for manufacturing products that offer enhanced biocompatibility, steerability and elasticity are also contributing to the market growth. Additionally, the development of innovative stainless steel and coated guidewires is creating a positive outlook for the market. Other factors, including the rising geriatric population, which is more susceptible to medical ailments, along with the improving healthcare infrastructure, are expected to drive the market further.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global guidewires market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, material, application and end user.
Breakup by Product:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Surgical Guidewires
- Hydrophilic Surgical Guidewires
- Hydrophobic Surgical Guidewires
- Diagnostic Guidewires
- Hydrophilic Diagnostic Guidewires
- Hydrophobic Diagnostic Guidewires
Breakup by Material:
- Nitinol
- Stainless Steel
- Others
Breakup by Application:
- Coronary
- Neurovascular
- Urology
- Others
Breakup by End User:
- Hospitals, Diagnostic Centers and Surgical Centers
- Ambulatory Care Centers (ACC)
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market 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 Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
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) |