1. Market Research
  2. > Healthcare
  3. > Health Services Market Trends
Guidewires Market by Material, Product ), Application, End User - Global Forecast to 2022

Guidewires Market: Global Forecast until 2022

  • February 2018
  • 158 pages
  • ID: 5333370
In this report:
In 2017, the hospitals, diagnostic centers, and surgical centers segment is expected to account for the largest share of ##.##% of the North American guidewires market.
North America is expected to account for the largest share of ##.##% the guidewires market in 2017, while Asia Pacific is projected to register the highest CAGR of ##.##% during the forecast period.

Summary

Table of Contents

Search Inside

The guidewires market forecasted to grow at a CAGR (Compound annual growth rate) of 4.80 percent

The overall guidewires market is estimated to grow $764.00M by 2022 from $605.20M in 2017, at a compound annual growth rate (CAGR) of 4.80 percent. The rise witnessed by guidewires is mainly influenced by increasing target disease incidence, continuous product commercialization by main manufacturers and favorable medical reimbursements for guidewires in developed countries. The government initiatives to control the burden of healthcare-associated infections in developed countries and the growing healthcare expenditure across emerging industries are also driving the increase of the market. Nevertheless, high cost of surgical guidewires, spending cuts & excise duties on medical devices and dearth of skilled surgeons for minimally invasive surgeries are the top challenges faced by a majority of the guidewires manufacturers across the world

The hybrid guidewires segment is poised to be the quickest-rising during the forecast period.

On the basis of material, the overall guidewires market is split into nitinol guidewires, stainless steel guidewires, and hybrid guidewires. The hybrid guidewires segment is anticipated to rise at the maximal compound annual growth rate (CAGR) during the outlook period. This rise can be accredited to growing adoption among medical professionals according to their technological and procedural advantages, increasing awareness among surgeons about the clinical benefits of these guidewires, and the evolving reimbursement scenario for target procedures across main healthcare sectors

The cardiology applications segment is poised to be the quickest-increasing during the forecast period.

On the basis of application type, the overall guidewires market is divided into cardiology, vascular, neurology, urology, gastroenterology, oncology, and otolaryngology. The cardiology applications segment is anticipated to grow at the highest CAGR (Compound annual growth rate) during the estimate period. This increase can be connected to the increasing adoption of guidewires among cardiologists owing to procedural and technical benefits suggested by nitinol materials used for manufacturing cardiology guidewires.

Asia-Pac is projected to register the maximum growth rate during the outlook period.

Geographically, the guidewires market is divided into north america, EU, Asia Pacific (APAC), and the Rest of the globe. The highest compound annual growth rate (CAGR) for the APAC guidewires market can be accredited to the growing adoption of guidewires due to their decreasing costs (due to the growth in localized manufacturing and strengthening of distribution networks of top product manufacturers) and rising healthcare expenditure across main APAC countries.

Breakdown of supply-side primary interviews: by company category, description, and area:

• By Company category - Tier 1 - 25.0 percent, Tier 2 - 30.0 percent and Tier 3 - 45.0 percent

• By Description - C-suite - 26.0 percent, D-level - 30.0 percent, Others - 44.0 percent

• By Area - North America continent - 34.0 percent, Europe (EU) - 26.0 percent, Asia-Pac - 23.0 percent, RoW - 17.0 percent

The overall guidewires market is competitive, with a big number of overall and local actors. In 2016, the sector was dominated by Boston Scientific, Medtronic, Abbott, Cook Group, and Terumo. Launches of new product, market expansions, strategic acquisitions, alliances, strategic agreements & collaborations were the main strategies approved by market actors to accomplish increase in the industry.

Segment Research

This report studies the guidewires market established on material, product, application, and end user. The industry report also studies factors (including drivers, industry restraints, alternatives, and opportunities) affecting the market increase. It examines possibilities and opportunities in the sector for partners and offers details of the competitive landscape for the market top players. Moreover, the study examines micromarkets with respect to their individual progress trends, prospects, and contributions to the overall industry. The analysis forecasts the revenue of the market segments with respect to four main regions.

Why Purchasing This Study Can Help You:

From an insights perspective, this market research has emphasized several levels of analysis-industry trends, market share research of top players, and company descriptions, which together comprise and examine basic views on the competitive landscape, coming out and high-growth segments of the guidewires market, and high-growth areas and territories and their respective drivers, market restraints, opportunities, and alternatives.

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn help companies collect greater segment market share. Companies obtaining the industry report could use any one or a combination of the belowmentioned five strategies for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on product types provided by the main players in the guidewires market. The analysis examines the guidewires market established on material, product, application, end-user, and area

• Product Development: In-depth understanding on the industry research and growth activities and launches of new product in the guidewires market

• Market Development: Highlighted information about profitable emerging sectors. The market research examines the industries for different guidewires across geographies.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the guidewires market

• opposing assessment: Detailed assessment of market shares, strategies, products, distribution networks, and manufacturing competences of key players in the guidewires market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
2018 US Hematology and Flow Cytometry Analyzers and Reagents: Supplier Sales and Shares, Sales Segment Forecasts--Hospitals, Commercial Laboratories, POC Locations--Competitive Landscape, Emerging Technologies, Instrumentation Review

2018 US Hematology and Flow Cytometry Analyzers and Reagents: Supplier Sales and Shares, Sales Segment Forecasts--Hospitals, Commercial Laboratories, POC Locations--Competitive Landscape, Emerging Technologies, Instrumentation Review

  • $ 7500
  • Industry report
  • July 2018
  • by Venture Planning Group

Complete report $11,500.  DataPack (test volumes, sales forecasts, supplier shares) $7,500.Summary This comprehensive report contains 306 pages, 59 tables, and is designed to help current suppliers and ...

2018 US Coagulation Testing Analyzers and Reagents: Supplier Sales and Shares, Sales Segment Forecasts--Hospitals, Commercial Laboratories, POC Locations--Competitive Landscape, Emerging Technologies, Instrumentation Review

2018 US Coagulation Testing Analyzers and Reagents: Supplier Sales and Shares, Sales Segment Forecasts--Hospitals, Commercial Laboratories, POC Locations--Competitive Landscape, Emerging Technologies, Instrumentation Review

  • $ 7500
  • Industry report
  • July 2018
  • by Venture Planning Group

Complete report $11,500.  DataPack (test volumes, sales forecasts, supplier shares) $7,500.SummaryThis comprehensive report contains 455 pages, 60 tables, and is designed to help current suppliers and ...

2018 Hospital ER, OR and ICU Diagnostic Testing Market: Reagent and Instrument Supplier Shares, Sales Segment Forecasts for 300 Tests, Emerging Technologies, Instrumentation Review, Competitive Landscape, Opportunities for Suppliers

2018 Hospital ER, OR and ICU Diagnostic Testing Market: Reagent and Instrument Supplier Shares, Sales Segment Forecasts for 300 Tests, Emerging Technologies, Instrumentation Review, Competitive Landscape, Opportunities for Suppliers

  • $ 7500
  • Industry report
  • August 2018
  • by Venture Planning Group

VPGMarketResearch’s new report provides comprehensive analysis of POC market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and ...


ref:plp2018

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on