Guidewires Market 2021
Guidewires are devices specifically designed to help in navigation and placement to facilitate easier delivery at the treatment site. These wires have features such as pushability, steerability, torque, and opacity. Pushability is the amount of force needed to move the wire forward, whereas steerability is the wire tip's capacity and sensitivity to navigate inside the vessels. Torque is required while easily moving the vessel turnings. Its opacity is its level of visibility under fluoroscopic imaging, required to focus and advance inside the vessels.
The guidewires market is expected to grow with a CAGR of 5.0% during the forecast period.
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Key Players
Medtronic (Ireland)
Boston Scientific (U.S.)
Cook Group (U.S.)
Terumo Corporation (Japan)
Abbott Laboratories (U.S.)
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Recent Developments
The Biotronik launched PRO-Kinetic Energy Cobalt Chromium (CoCr) Coronary Stent System in the United States after receiving FDA approval. PRO-Kinetic Energy surpasses other guidewires as it is the thinnest device with flexibility, crossability, and pushability.
Boston Scientific Corporation received FDA approval for JUDO guidewires, which are designed for complex cases of chronic total coronary occlusion and allow maintained direct tactile feedback of the hardness of the plaque. These guidewires use innovative technology, called Micro EMT, which means that the core and coil are reduced to match precisely, which enable intraluminal lesion entry. This design gives the flexibility of the distal portion; also, the exact torque allows effective intraplaque recanalization and avoids exit into the subintimal space.
Guidewires Market: Segmentation
By Product
Surgical Guidewires
Hydrophilic
Hydrophobic
Diagnostic Guidewires
Hydrophilic
Hydrophobic
By Material
Stainless Steel Guidewires
Nitinol Guidewires
Hybrid Guidewires
By Application
Cardiology
Vascular
Neurology
Urology
Others
By End-User
Hospitals
Diagnostic Centers
Surgical Centers
Ambulatory Care Centers (ACC)
Research Laboratories & Academic Institutes
Years that have been considered for the study of this report are as follows:
- History Year: 2015-2019
- Base Year: 2019
- Estimated Year: 2020
- Forecast Year: 2021 to 2029
Regional Segmentation:
- North America (The US, Canada, and Mexico)
- Europe (Germany, France, the UK, and Rest of the World)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Latin America (Brazil and Rest of Latin America.)
- Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Guidewires Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
- To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
- To know the Guidewires Market by pinpointing its many sub segments.
- To profile the important players and analyze their growth plans.
- To endeavor the amount and value of the Guidewires Market sub-markets, depending on key regions (various vital states).
- To analyze the Global Guidewires Market concerning growth trends, prospects and also their participation in the entire sector.
- To examine and study the Global Guidewires Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2029.
- Primary worldwide Global Guidewires Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
- To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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