Increasing demand for minimally invasive surgeries to drive the Global Guidewires Market

According to a recently published report by Brisk Insights, the Global Guidewires Market is expected to grow at the CAGR of 5.73 % during 2017-2025. The global guidewires market is segmented on the basis of product, material and geography. The report on global guidewires market (by product, material and geography) provides a detailed overview and predictive analysis of the market.

Full report available on Guidewires Market: Global Industry Size, Growth, Share and Forecast to 2025 report at http://www.briskinsights.com/report/guidewires-market

Market Insights

Increasing demand for minimally invasive surgeries and high prevalence of chronic diseases in both developed and developing nations are the key growth factors in the guidewires market. In base year 2016, coronary guidewires held the largest market in the guidewires product segment chiefly due to increasing number of cardiac complications and growing demand for angioplasty procedures. Nitinol held the largest market in the material segment as it is the most significant material type that is being increasingly used for manufacturing stents, ablation devices, atrial septal occlusion systems, heart port access device and other surgical equipment. Its physical properties allows the guidewires with the ability to adopt shape as per the temperature required and thus, offers better navigation and reach. The guidewires market is currently dominated by North America due to increasing number of patients suffering with critical illness, increasing demand for minimally invasive surgeries and supportive reimbursement policies. On the other hand, Asia Pacific is anticipated to be the fastest growing market because of deep market penetration due to presence of multiple players involved in guidewires manufacture, increasing prevalence of chronic diseases, medical tourism, and developing healthcare infrastructure. 

Scope of the report

1. Global Guidewires Market, by Product, 2015–2025 ($ Million)

1.1. Coronary
1.2. Peripheral
1.3. Urology
1.4. Neurovascular

2. Global Guidewires Market, by Material, 2015–2025 ($ Million)

2.1. Stainless steel
2.2. Nitinol
2.3. Hybrid

3. Global Guidewires Market, by Geography, 2015-2025 ($ Million)

3.1. North America
3.1.1. U.S.
3.1.2. Canada
3.2. Europe
3.2.1. U.K.
3.2.2. Germany
3.2.3. Rest of Europe
3.3. Asia Pacific
3.3.1. Japan
3.3.2. China
3.3.3. Rest of Asia Pacific
3.4. Latin America
3.4.1. Mexico
3.4.2. Brazil
3.4.3. Rest of Latin America
3.5. Middle East and Africa
3.5.1. GCC
3.5.2. Rest of Middle East and Africa

4. Company Profiles

4.1. Abbott Laboratories
4.2. AngioDynamics
4.3. Asahi Intecc Co., Ltd.
4.4. B. Braun Cardiovascular
4.5. Boston Scientific Corporation
4.6. Codman Neurovascular
4.7. Cordis Corp.
4.8. Cook Medical
4.9. Johnson & Johnson
4.10. Medtronic, Inc.
4.11. St. Jude Medical
4.12. Stryker Corporation
4.13. Terumo Corporation
4.14. Other Notable Payers