Segmentation
- The global market for therapeutic medical guidewire can be studied by having it segmented into age type, shape, application, and end user. MRFR’s take is all-inclusive with a special focus on figures and data to make the approach more scientific.
- By type, the market for therapeutic medical guidewire can be segmented into solid guidewire and wrapped guidewire.
- By shape, the global therapeutic medical guidewire market can be segmented into angled, J-shape, and straight.
- By application, the global therapeutic medical guidewire market can be segmented into neurovascular diseases, cardiovascular diseases, peripheral artery disease, and urological diseases.
- By the end-user, the market report concerning therapeutic medical guidewire comprises clinics, hospitals, and academic institutes. The hospitals segment had a valuation of USD 949.1 million in 2016.
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Therapeutic Medical Guidewire Market Overview
Increasing cases of chronic disorder, hike in investment for research & development, a better understanding of technological procedures, rising awareness regarding minimally-invasive surgeries, better inclusion of top-grade technologies are some factors that can impress the growth of the market. However, the market lacks properly skilled technicians to provide better operative support, which can distract the growth.
The main function of guide wire is to guide the catheter for placement. This medical device is usually made up of stainless steel, but are also available in the form of metallic alloys. Majorly, there are two type of guide wires, i.e. solid guide wire, and wrapped guide wire. Both the types has one end rigid and other end flexible. The flexible tip enters the blood vessel first to prevent damage to the vessel. The most prominent advantage of using solid guide wire is that it reduces the chances of catheter tip flaring, and abrasion of the vessel.Rising prevalence of chronic disorders, technological advancements in medical guide wire, growing preference towards minimally invasive surgical procedures, and growing geriatric population are promoting the fuelling the growth of Therapeutic Medical Guidewire Market globally.
Therapeutic Medical Guidewire Market Regional Analysis
The Middle East & Africa can contribute to the least amount of market share. Countries in the region are often poor in terms of economy, which has popped up as a major distraction.
The Americas, with the robust setup for the healthcare sector, substantial growth potential, hike in the influx of revenues, is expected to push the market forward. This regional market can be segmented into North America and South America. The Northern part has high growth potential as countries like the US and Canada can impact the market with their robust economies. Funding for research and development is a constant source of progress. Both private players and governments are taking necessary measures to trigger growth. The regional market of Europe is also anticipating similar growth trajectories owing to the similarities these two regions share in terms of features. Governments in the region have created a vast network using which various associated industries are now providing ample support. This has made the process seamless as well.
The Asia-Pacific market can be termed as the fastest-developing market. The regional setup has turned favorable for the market as several market players are taking an active interest in transforming the mode. Countries have also realized the potential of the market owing to which growth opportunities are in abundance now. Hike in the influx of investment in countries like South Korea, China, Japan, India, and others can inspire growth at a faster pace. South Korea had almost 13.3% of the regional market share in 2016.
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According to a new study of FactMR, the gonorrhea therapeutics market will reach ~US$ 970 Mn in 2019, and estimated to register a 4% Y-o-Y over 2018.
The gonorrhea therapeutics industry will remain influenced by increased attention on new developments in novel therapeutic compounds or antimicrobials for improving the success potential of future treatment.There has been a significant rise in the prevalence of gonorrhea that is resistant to components of dual antibiotic therapy – ceftriaxone and azithromycin, which is the only recommended treatment for gonorrhea.
In addition, resistance to several other antibiotics apart from dual antibiotic therapy resulted in ‘super gonorrhea’, which has become a buzzword in the gonorrhea therapeutics market.
With a slew of promising new antibiotics on the horizon, alongside surveillance, education and preventative measures to stymie prevalence of super-resistant gonorrhea, prospects seem bullish for the gonorrhea therapeutics market.Request a free Sample Report - https://www.factmr.com/connectus/sample?flag=S_id=3761“As gonorrhea, a sexually transmitted bacterium is increasingly learning to withstand the currently available antibiotics, the infection is making progress in its relentless march towards untreatable status.
Growing partnerships between companies and organizations, to develop novel drugs that combat the drug-resistant gonorrhea, are highly likely to complement gains in the market,” says FactMR report.Dual Therapy Remains the Treatment of ChoiceThe market of gonorrhea therapeutics is likely to grow in parallel with the potentially effective drugs that are currently in pipeline.
This falls in line with the current recommended regimen for gonorrhea treatment that includes a combination of two antibiotics, azithromycin, which is given orally, and ceftriaxone, an intra-muscular drug.Gonorrhea Therapeutics Market research report Segmented By Drug Type (Macrolide Antibiotics, Third Generation Cephalosporin, Tetracycline Antibiotics, Fluoroquinolones Antibiotics, Aminoglycoside, Aminocyclitol), By Route of Administration (Oral, Intra Muscular), By Therapy Type (Mono Therapy, Dual Therapy), & by Region - https://www.factmr.com/report/3761/gonorrhea-therapeutics-marketAccording to the study, azithromycin will continue to account for greater gains in the gonorrhea treatment market, closely trailed by the third-generation cephalosporin that are increasing gaining traction.
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