Global Guidewires Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. A guidewire refers to a thin, flexible, medical wire which is inserted into the body to display inner body parts to larger instrument display. Guidewires vary in size, length, stiffness, composition, and shape of the tip. Medical guidewires are used in minimally invasive surgery. Growing incidence of chronic diseases and rising adoption of non-invasive medical procedures are key drivers for the growth of Guidewires market. For instance, according to World Health Organization (WHO)- As of 2020, noncommunicable diseases (NCDs) kill around 41 million people each year, representing 71% of all deaths globally and each year, more than 15 million people die from a NCD between the ages of 30 and 69 years. Also, Cardiovascular diseases account for approximately 17.9 million deaths, followed by cancers (9.3 million), respiratory diseases (4.1 million), and diabetes (1.5 million). Furthermore, in July 2020, Spain based medical devices company iVascular has launched Sergeant peripheral support catheter, for the treatment of patients with peripheral artery disease. Furthermore, in November 2021, US based medical devices company Terumo Corporation has partnered with French company Diabeloop, a leader in therapeutic AI to develop Automated Insulin Delivery solutions to Europe Market. Also, with the increasing geriatric population and surging healthcare infrastructure in emerging markets, the adoption & demand for Guidewires is likely to increase the market growth during the forecast period. However, high cost of Guidewires and supply chain disruption due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Guidewires Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and rising inclination towards invasive surgical procedures in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing healthcare industry and rising prevalence of cardiovascular diseases would create lucrative growth prospects for the Guidewires market across Asia-Pacific region.

Major market player included in this report are:

Boston Scientific Corporation

Terumo Corporation

Cardinal Health Inc.

Cook Medical Inc.

Johnson & Johnson

Medtronic PLC

Teleflex Corporation

Stryker Corporation

B. Braun Group Pvt Ltd.

Merit Medical Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Interventional Guidewires

Diagnostic Guidewires

By Application:

Coronary Guidewires

Peripheral Guidewires

Urology Guidewires

Radiology Guidewires

Neurovascular Guidewires

Gastroenterology Guidewires

Others

By Material Type:

Nitinol Guidewires

PTFE Guidewires

Stainless Steel Guidewires

Hybrid Guidewires

By Tip Shape:

J Tip

Angled Tip

Straight Tip

By End Use Industries:

Hospitals

Ambulatory Surgical Centers

Cardiac Catheterization Laboratories

Specialty Clinics

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Guidewires Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors