The Growing Adoption of Minimally Invasive Surgical Practices Will Fuel the Growth of Global Guidewires Market

Published: Mar 2022

The global guidewires market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2022-2028). The increasing prevalence of minimally invasive surgical practices in major regions will drive the market growth. Minimally invasive medical practices have a numerous advantages over open procedures, including shorter hospital stays, speedier patient recovery, increased operational safety and effectiveness, and lower costs. Healthcare practitioners are continually turning for alternative treatments that give patients suffering from target diseases, such as cardiological diseases, vascular diseases, urological diseases, and cancer disorders, safer and more effective disease management practices.

Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/guidewires-market

As a result of the therapeutic advantages afforded by minimally invasive surgical procedures, medical practitioners are increasingly choosing them over traditional open operations. Furthermore, technological improvements in major surgical equipment are expected to provide profitable growth prospects for minimally invasive surgical procedures that will boost the global guidewires market during forecast period. In May 2019, Medtronic launched Telescope Guide Extension Catheter to provide backup support and support to distal lesions. It is made up of a solid pushwire with just a hydrophilic coating on the distal end. 

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Product

o By Material

o By Length

o By End Use

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape-  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.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Guidewires Market Report by Segment

By Product

  • Coronary
  • Peripheral
  • Urology
  • Neurovascular

By Material

  • Nitinol
  • Stainless Steel
  • Hybrid

By Length

  • 80 cm
  • 120 cm
  • 145 cm
  • 180 cm
  • 260 cm
  • 300 cm
  • 450 cm

By End Use

  • Hospitals
  • Ambulatory Surgical Centers 
  • Research Laboratories

Global Guidewires Market Report Segment by Region

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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