Guidewires Market
Global Guidewires Market Size, Share & Trends Analysis Report by Product (Coronary, Peripheral, Urology and Neurovascular), and by Material (Nitinol, Stainless Steel and Hybrid) By Length (80 cm, 120 cm, 145 cm, 180 cm, 260 cm, 300 cm and 450 cm) By End Use (Hospitals, Ambulatory Surgical Centers and Research Laboratories) Forecast Period (2021-2027)
The global guidewires market is anticipated to grow at a significant CAGR of around 4.9% during the forecast period. The adoption of guidewires will rise due to various healthcare policies implemented by governments from time to time. It will provide considerable potential for market expansion during the forecast period. For instance, according to cook medical's 2019 GI endoscopy guide medicare reimbursement guide, the government reimburses ambulatory surgery centres an estimated USD 1,245.4 for endoscopic cholangiopancreatography with guidewires. Strict execution of such reimbursement regulations is expected to boost the use of guidewires in surgical operations, driving the guidewires market revenue during the forecast period. However, high guidewire costs, a scarcity of qualified healthcare personnel in developing countries, the risk of using guidewires, and a preference for pharmaceuticals over devices are projected to restrict the market's expansion during the projected timeframe.
Impact of COVID-19 Pandemic on Global Guidewires Market
COVID-19 pandemic has resulted in a significant increase in demand for medical equipment such as masks, shields, and protective eyewear. With the rising prevalence of COVID-19 cases around the world, the demand for medical supplies from both healthcare professionals and the general public was growing. Therefore, manufacturers of these items got an opportunity to make more money from the increased demand for medical consumables by ensuring a steady supply of protective equipment on the market. COVID-19 pandemic have a significant positive impact on the guidewires market due to these considerations.
Segmental Outlook
The global guidewires market is segmented based on the product, material, length and end use. Based on the product, the market is segmented into coronary, peripheral, urology and neurovascular. Based on the material, the market is sub-segmented into the nitinol, stainless steel and hybrid. Based on the length, the market is sub-segmented into the 80 cm, 120 cm, 145 cm, 180 cm, 260 cm, 300 cm and 450 cm. Based on the end use, the market is sub-segmented into the hospitals, ambulatory surgical centers and research laboratories.
Global Guidewires Market Share by Material, 2021 (%)
The Stainless Steel Segment Holds the Major Share in the Global Guidewires Market
It is anticipated that on the basis of material, stainless steel segment will have prominent share in the market growth durig the forecast period. The properties of stainless steel like, kink resistance as well as improved rational stability are expected to propel the market in this segmet.
Regional Outlooks
The global guidewires market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement.
Global Guidewires Market Growth, by Region 2022-2028
The North America Region Holds the Major Share in the Global Guidewires Market
It is anticipated that the North America region will have prominent contriution in the growth of the global guidewires market. The accessibility of cutting-edge healthcare facilities, products, and an emphasis on the use of current healthcare technology will accelerate the market growth in this region. Additionally, the stringent execution of medical reimbursement policies in the US is expected to provide an attractive opportunity for enhanced guidewire usage in the region.
Market Players Outlook
The major companies serving the global guidewires market include Abbott Laboratories, Boston Scientific Corp., Cook Group, Cardinal Health, Stryker Corp. ASAHI INTECC CO., LTD., AngioDynamics, Inc., Advanced Life Science Pvt. Ltd., Becton, Dickinson and Co., Johnson and Johnson Pvt. Ltd., Medorah Meditek Pvt. Ltd. and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September Cardiovascular Systems, Inc., a medical device organization that develops and commercializes revolutionary invasive treatment processes for patients with peripheral as well as coronary artery disease, announced that the new viper wire advance coronary guide wire of flex tip has received FDA PMA approval.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global guidewires market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Guidewires Market Market
• Recovery Scenario of Global Guidewires Market Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Abbott Laboratories
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Boston Scietific Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Cook Group
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Cardinal Health
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Stryker Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Guidewires Market Market by Product
4.1.1. Coronary
4.1.2. Peripheral
4.1.3. Urology
4.1.4. Neurovascular
4.2. Global Guidewires Market Market by Material
4.2.1. Nitinol
4.2.2. Stainless Steel
4.2.3. Hybrid
4.3. Global Guidewires Market Market by Length
4.3.1. 80 cm
4.3.2. 120 cm
4.3.3. 145 cm
4.3.4. 180 cm
4.3.5. 260 cm
4.3.6. 300 cm
4.3.7. 450 cm
4.4. Global Guidewires Market Market by End Use
4.4.1. Hospitals
4.4.2. Ambulatory Surgical Centres
4.4.3. Research Laboratories
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ASAHI INTECC CO., LTD.
6.2. AngioDynamics, Inc.
6.3. Advanced Life Science Pvt. Ltd.
6.4. Becton, Dickinson and Co.
6.5. B. Braun Melsugen AG
6.6. Boston Scientific Corp.
6.7. Integer Holding Corp.
6.8. Integra Life Sciences
6.9. Johnson and Johnson Pvt. Ltd.
6.10. Merit Medical Systems
6.11. Medtronic Inc.
6.12. Medorah Meditek Pvt. Ltd.
6.13. Olympus Corp.
6.14. Terumo Medical Corp.
6.15. Teleflex Inc.
1. GLOBAL GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL CORONARY GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL PERIPHERAL GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL UROLOGY GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL NEUROVASCULAR GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
7. GLOBAL NITINOL GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL STAINLESS STEEL GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL HYBRID GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY LENGTH, 2021-2028 ($ MILLION)
11. GLOBAL 80 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL 120 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL 145 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL 180 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL 260 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL 300 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL 450 CM GUIDEWIRES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY END USE, 2021-2028 ($ MILLION)
19. GLOBAL GUIDEWIRES MARKET IN HOSPITALS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL GUIDEWIRES MARKET IN AMBULATORY SURGICAL CENTRES RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL GUIDEWIRES MARKET IN RESEARCH LABORATORIES RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
22. GLOBAL GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. NORTH AMERICAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
25. NORTH AMERICAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
26. NORTH AMERICAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY LENGTH, 2021-2028 ($ MILLION)
27. NORTH AMERICAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY END USE, 2021-2028 ($ MILLION)
28. EUROPEAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. EUROPEAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
30. EUROPEAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
31. EUROPEAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY LENGTH, 2021-2028 ($ MILLION)
32. EUROPEAN GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY END USE, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
34. ASIA-PACIFIC GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
35. ASIA-PACIFIC GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
36. ASIA-PACIFIC GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY LENGTH, 2021-2028 ($ MILLION)
37. ASIA-PACIFIC GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY END USE, 2021-2028 ($ MILLION)
38. REST OF THE WORLD GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
39. REST OF THE WORLD GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
40. REST OF THE WORLD GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
41. REST OF THE WORLD GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY LENGTH, 2021-2028 ($ MILLION)
42. REST OF THE WORLD GUIDEWIRES MARKET MARKET RESEARCH AND ANALYSIS BY END USE, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL GUIDEWIRES MARKET MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL GUIDEWIRES MARKET MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL GUIDEWIRES MARKET MARKET, 2022-2028 (%)
4. GLOBAL GUIDEWIRES MARKET MARKET SHARE BY PRODUCT, 2020 VS 2027 (%)
5. GLOBAL CORONARY GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL PERIPHERAL GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL UROLOGY GUIDEWIRES MARKET REGION BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL GUIDEWIRES MARKET MARKET SHARE BY MATERIAL, 2020 VS 2027 (%)
9. GLOBAL NITINOL GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL STAINLESS STEEL GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL HYBRID GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL GUIDEWIRES MARKET MARKET SHARE BY LENGTH, 2020 VS 2027 (%)
13. GLOBAL 80 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL 120 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL 145 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. GLOBAL 180 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
17. GLOBAL 260 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
18. GLOBAL 300 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
19. GLOBAL 450 CM GUIDEWIRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
20. GLOBAL GUIDEWIRES MARKET MARKET SHARE BY END USE, 2020 VS 2027 (%)
21. GLOBAL GUIDEWIRES MARKET IN HOSPITALS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
22. GLOBAL GUIDEWIRES MARKET IN AMBULATORY SURGICAL CENTRES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
23. GLOBAL GUIDEWIRES MARKET IN RESEARCH LABORATORIES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
24. GLOBAL GUIDEWIRES MARKET MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
25. US GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
26. CANADA GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
27. UK GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
28. FRANCE GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
29. GERMANY GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
30. ITALY GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
31. SPAIN GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF EUROPE GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
33. INDIA GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
34. CHINA GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
35. JAPAN GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
36. SOUTH KOREA GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
37. REST OF ASIA-PACIFIC GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
38. REST OF THE WORLD GUIDEWIRES MARKET MARKET SIZE, 2021-2028 ($ MILLION)
