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(IT-NEWSWIRE.COM, May 08, 2018 ) Global Guidewires Market is expected to reach USD 956.3 million by 2025, from USD 587.9 million in 2017 growing at a CAGR of 4.9% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Guidewires Market By Product (Surgical Guidewires, Diagnostic Guidewires), By Material (Nitinol Guidewires, Stainless Steel Guidewires, Hybrid Guidewires), By Application (Cardiology, Vascular, Neurology, Urology, Gastroenterology, Oncology, Otolaryngology), By End User, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) Industry Trends and Forecast to 2025
Complete report on Global Guidewires Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Guidewires Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the Guidewires market in the next 8 years. Based on product the guidewires are divided into coronary guidewires, peripheral guidewires, neurovascular guidewires, urology guidewires, radiology guidewires, gastroenterology guidewires, and other guidewires. The market is growing due to rising occurrences of cardiovascular diseases across the globe. For instance, according to World Health Organization, in 2015, approximately 17.7 million people died due to cardiovascular diseases (CVDs), which is 31.0% of all the global deaths. Out of these deaths, an estimated 7.4 million were due to coronary heart disease and 6.7 million were due to stroke. There have been tremendous technological advancements in the field of guidewires in the last decade. For instance, in January 2017, Cook Medical launched the advanced Motion 2-in-1 hybrid wire guide developed for the urology procedures. The advanced guidewires offer better opportunity for the various surgeries.
Key Questions Answered in Global Guidewires Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Guidewires Market in 2025?
What are the key factors driving, Analysis by Applications and Countries global Guidewires market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of global Guidewires market?
Who are Opportunities, Risk and Driving Force of global Guidewires market?
Who are the opportunities and threats faced by the vendors in global Guidewires market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Guidewires Market opportunities, market risk and market overview of the Market?
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Major Market Competitors/Players:
Medtronic,
Boston Scientific Corporation,
C.R. Bard,
Terumo Corporation,
Abbott Laboratories,
B. Braun Melsungen AG,
Johnson & Johnson Services Inc.,
Stryker,
Olympus Corporation,
Teleflex Incorporated,
Cook Group,
Merit Medical Systems Inc.,
Cardinal Health,
AngioDynamics,
ASAHI INTECC CO. LTD.,
Cordis Corporation,
Integer Holdings Corporation,
CONMED Corporation,
TE Connectivity,
Custom Wire technologies Inc.,
Modern Grinding,
Peter Pflugbeil GmbH,
eucatech AG,
NeoMetrics Inc.,
SP Medical A/S, and
Acme Monaco among others.
Major Market Drivers and Restraints:
Growing Applications of Guidewires
Constant Product Launches By Major Manufacturers
Favorable Medical Reimbursements for Guidewires in Developed Nations
Higher Prices of Surgical Guidewires
Dearth of Skilled Surgeons to Conduct Minimally Invasive Surgeries
Growing Healthcare Expenditure In Emerging Countries
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Key Reasons to Purchase:
To gain insightful analyses of the market and have comprehensive understanding of the Global Guidewires Market and its commercial landscape.
Assess the Global Guidewires Market production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the Global Guidewires Market and its impact in the Global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for global Guidewires market.
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Customize report of "global Guidewires market" as per customers requirement also available.
Market Segmentations:
Global Guidewires Market is segmented on the basis of
Product
Material
Application
End User
Geography
Market Segmentations in Details:
The Global Guidewires Market is segmented based on product, material, application, end user, and geographical segments.
Based on Product the Global Guidewires Market is segmented into surgical guidewires, and diagnostic guidewires. The surgical guidewires segment is further sub-segmented on the basis of product into hydrophilic surgical guidewires, and hydrophobic surgical guidewires. The diagnostic guidewires segment is further sub-segmented on the basis of product into hydrophilic diagnostic guidewires, and hydrophobic diagnostic guidewires.
By Material the Global Guidewires Market is segmented into nitinol guidewires, stainless steel guidewires, and hybrid guidewires.
Based on Application the Global Guidewires Market is segmented into cardiology applications, vascular applications, neurology applications, urology applications, gastroenterology applications, oncology applications, and otolaryngology applications.
On the basis of End User the market is segmented into hospitals, diagnostic centers, and surgical centers, ambulatory care centers, and research laboratories & academic institutes.
On the basis of Geography,
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Competitive Analysis:
The Global Guidewires Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of guidewires market for global, Europe, North America, Asia Pacific and South America.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-281
Email: sopan.gedam@databridgemarketresearch.com
Data Bridge Market Research
Data Bridge Market Research
+1-888-387-2818
sopan.gedam@databridgemarketresearch.com
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