1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- Asahi Intecc Co. Ltd.
- B. Braun Melsungen AG
- Becton
- Boston Scientific Corp.
- Cardinal Health Inc.
- Cook Group Inc.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Peripheral Guidewires Market: About this market
The peripheral guidewires market analysis considers sales from both interventional and diagnostic applications. Our study also finds the sales of peripheral guidewires in Asia, Europe, North America, and ROW. In 2019, the interventional segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as advances in guidewire designs will play a significant role in the interventional segment to maintain its market position. Also, our global peripheral guidewires market report looks at factors such as increasing demand for MI procedures, increasing incidence of peripheral vascular diseases (PVD), and increasing awareness about PVD. However, stringent regulatory framework, shortage of vascular surgeons, and lack of access to quality healthcare in underdeveloped regions may hamper the growth of the peripheral guidewires industry over the forecast period.
Global Peripheral Guidewires Market: Overview
Increasing demand for MI procedures
Minimally invasive procedures are a revolutionary substitute for large surgical incisions. MI procedures are replacing conventional surgical procedures to ensure better outcomes and cut down on the overall healthcare cost. MI procedures help to lower the chances of infection, eliminates complications, and shortens the duration of hospital stay. Peripheral guidewires are MI medical supplies that are extensively used to access the peripheral vessels in the body to ensure precision in interventional procedures or surgeries. Therefore, with the increasing preference for MI procedures will lead to the expansion of the global peripheral guidewires market at a CAGR of almost 7% during the forecast period.
Advances in guidewire technology
Manufacturers operating in the market are launching more advanced peripheral guidewires that yield improved clinical outcomes and provide an improved diagnostic and interventional experience. the emergence of nitinol-based peripheral guidewires has created new opportunities for end-users, owing to beneficial features, such as superelasticity, maximal deflection, and desirable shapes that do not allow kinking. Technological advances have enabled manufacturers to offer customized peripheral guidewires depending on the requirement and application. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global peripheral guidewires market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading peripheral guidewires manufacturers, that include Asahi Intecc Co. Ltd., B. Braun Melsungen AG, Becton, Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., Cook Group Inc., Medtronic Plc, Merit Medical Systems Inc., and Terumo Corp.
Also, the peripheral guidewires market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The peripheral guidewires market analysis considers sales from both interventional and diagnostic applications. Our study also finds the sales of peripheral guidewires in Asia, Europe, North America, and ROW. In 2019, the interventional segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as advances in guidewire designs will play a significant role in the interventional segment to maintain its market position. Also, our global peripheral guidewires market report looks at factors such as increasing demand for MI procedures, increasing incidence of peripheral vascular diseases (PVD), and increasing awareness about PVD. However, stringent regulatory framework, shortage of vascular surgeons, and lack of access to quality healthcare in underdeveloped regions may hamper the growth of the peripheral guidewires industry over the forecast period.
Global Peripheral Guidewires Market: Overview
Increasing demand for MI procedures
Minimally invasive procedures are a revolutionary substitute for large surgical incisions. MI procedures are replacing conventional surgical procedures to ensure better outcomes and cut down on the overall healthcare cost. MI procedures help to lower the chances of infection, eliminates complications, and shortens the duration of hospital stay. Peripheral guidewires are MI medical supplies that are extensively used to access the peripheral vessels in the body to ensure precision in interventional procedures or surgeries. Therefore, with the increasing preference for MI procedures will lead to the expansion of the global peripheral guidewires market at a CAGR of almost 7% during the forecast period.
Advances in guidewire technology
Manufacturers operating in the market are launching more advanced peripheral guidewires that yield improved clinical outcomes and provide an improved diagnostic and interventional experience. the emergence of nitinol-based peripheral guidewires has created new opportunities for end-users, owing to beneficial features, such as superelasticity, maximal deflection, and desirable shapes that do not allow kinking. Technological advances have enabled manufacturers to offer customized peripheral guidewires depending on the requirement and application. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global peripheral guidewires market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading peripheral guidewires manufacturers, that include Asahi Intecc Co. Ltd., B. Braun Melsungen AG, Becton, Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., Cook Group Inc., Medtronic Plc, Merit Medical Systems Inc., and Terumo Corp.
Also, the peripheral guidewires market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Asahi Intecc Co. Ltd.
- B. Braun Melsungen AG
- Becton
- Boston Scientific Corp.
- Cardinal Health Inc.
- Cook Group Inc.
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Asahi Intecc Co. Ltd.
- B. Braun Melsungen AG
- Becton
- Boston Scientific Corp.
- Cardinal Health Inc.
- Cook Group Inc.
The following companies as the key players in the global peripheral guidewires market: Asahi Intecc Co. Ltd., B. Braun Melsungen AG, Becton, Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., Cook Group Inc., Medtronic Plc, Merit Medical Systems Inc., and Terumo Corp.
Commenting on the report, an analyst from research team said: “The latest trend gaining momentum in the market is the advances in guidewire technology.”
According to the report, one of the major drivers for this market is the increasing demand for MI procedures.
Further, the report states that one of the major factors hindering the growth of this market is the shortage of vascular surgeons.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from research team said: “The latest trend gaining momentum in the market is the advances in guidewire technology.”
According to the report, one of the major drivers for this market is the increasing demand for MI procedures.
Further, the report states that one of the major factors hindering the growth of this market is the shortage of vascular surgeons.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Asahi Intecc Co. Ltd.
- B. Braun Melsungen AG
- Becton
- Dickinson and Co.
- Boston Scientific Corp.
- Cardinal Health Inc.
- Cook Group Inc.
- Medtronic Plc
- Merit Medical Systems Inc.
- Terumo Corp.
Note: Product cover images may vary from those shown
