Global Guide Wire Professional Analysis 2019

In this report, the Global Guide Wire Professional Analysis 2019 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Guide Wire Professional Analysis 2019 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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Peripheral guidewires have multiple layers which includes central core, distal tip and outer coating. Central core is generally made up of stainless steel or nitinol which posses’ superior torque characteristics. Distal tip has variable length and it is made up of radio-opaque material e.g. platinum or iridium alloys and provides flexibility during operations. Peripheral guidewires are coated with a polymer, such as silicone or polytetrafluoroethylene (PTFE), to increase lubricity.Peripheral guidewires are used during the percutaneous transluminal angioplasty and angiography for guiding the stents or catheters to the site of action in the peripheral vasculature.

Peripheral guidewire market is mainly driven by increasing demand for minimally invasive surgeries. Other important factor that propels the market growth is increasing worldwide geriatric population. Moreover, growing incidences of neurological, cardiovascular and urology disorders also fuel the market growth. It is important for patients to fully understand the risks of the procedure undergoing laparoscopy and other cardiovascular, neurovascular surgeries. Some risk factors associated with of minimally invasive surgery and preference given to open surgery may hamper the growth of this market.

The Guide Wire industry concentration is relatively high; there are just not much manufacturers in the world, and mainly from Japan and USA.

Global giant manufactures mainly distributed in Japan and USA. The manufacturers in Japan have a long history and unshakable status in this field. Manufacturers such as Terumo Medical and Asahi have relative higher level of product’s quality. As to United States, Abbott Vascular has become as a global leader through its own business and acquisition. In Europe, TE Connectivity acquired AdvancedCath and definitive agreement to acquire Creganna, thus leads the technology development. Most of Chinese manufactures are not professional producers, that make their products have lower market recognition, even in China domestic market.

The key consumption markets locate at developed countries. The North America takes the market share of 30%, followed by EU with 25.6%. China’s consumption market has a quicker growing speed of CAGR 9.6%.

We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.

The global Guide Wire market is valued at 1020 million US$ in 2018 is expected to reach 1500 million US$ by the end of 2025, growing at a CAGR of 4.9% during 2019-2025.

This report focuses on Guide Wire volume and value at global level, regional level and company level. From a global perspective, this report represents overall Guide Wire market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Terumo Medical

Abbott Vascular

Asahi

Boston Scientific Corporation

Cardinal

Integer

Medtronic

Cook Medical

TE Connectivity

Merit Medical Systems

SP Medical

Epflex

Shannon MicroCoil

Acme Monaco

Infiniti Medical

Custom Wire Technologies

Biotronik

Hanaco

Lepu Meidcal

Shenzhen Yixinda

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Straight Guide Wire

Angled Guide Wire

J-Shape Guide Wire

Segment by Application

Peripheral Artery Disease (PAD)

Cardiovascular Diseases

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