The global guidewires market size is projected to reach USD 1,401.0 million by 2026, exhibiting a CAGR of 5.9% during the forecast period. Rising incidence rate of cardiovascular diseases is expected to be one of the major forces of growth for this market. According to estimates released by the American Heart Association (AHA), a staggering 15.5 million Americans were suffering from coronary heart disease in 2016.

These numbers augur good news for the guidewire market as a steady rise in the prevalence of cardiovascular disorders will necessitate the utilization of advanced guidewire technology for quicker diagnosis and delivery of more accurate treatment for these conditions. Moreover, these devices are also crucial in diagnosing gastrointestinal disorders, which will further boost their employment in the healthcare industry.

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Leading Players operating in the Guidewires Market are:

Teleflex Corporation
Olympus Corporation
Abbott
Boston Scientific Corporation
Merit Medical Inc.
Cook
R. Bard, Inc.
Terumo Medical Corporation
Abbott
According to the Fortune Business Insights report, titled “Guidewires Market Size, Share & Industry Analysis, By Product (Coronary Guidewire, Peripheral Guidewire, Urology Guidewire, Neurovascular Guidewire, and Others) By Material (Nitinol, Stainless Steel, and Others) By Coating (Coated and Non-Coated) By End User (Hospitals & Clinics, Diagnostic Centers, and Others) and Regional Forecast, 2019-2026”, the value of the market stood at USD 887.6 million in 2018. The report also incorporates a thorough research into the various dynamics, trends, and other factors which will influence the market and enable businesses to take strategic decisions to solidify their position in this market. Apart from this, it also provides an exhaustive overview of the overall industry trends and outlook that will be instrumental in understanding the growth pattern of the market.

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Growing Preference for Minimally Invasive Diagnostic Procedures to Catalyze Growth

One of the primary factors driving the guidewires market trends is the demand for minimally invasive procedures for diagnostic purposes, which is gaining ground in healthcare. This is on account of the benefits offered by such procedures. For example, a patient will recover at a faster rate if the incision in her body is small and narrow. This would also minimize the patient’s hospital stay, saving her a good amount of her resources. Technologically advanced guidewires allow for superior lesion access and better visibility, which brings down procedural costs and becomes more pocket-friendly for the patient. The guidewire market stands to gain as a result.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Technological advancements in Guidewires Market
Key Industry Developments- Partnerships, Mergers and Acquisitions
New Product Launched by Key Players
Prevalence of Major Cardiovascular Conditions for Key Countries
Regulatory Scenarios
Global Guidewires Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Coronary Guidewires
Peripheral Guidewires
Urology Guidewires
Neurovascular Guidewires
Others
Market Analysis, Insights and Forecast – By Material
Nitinol
Stainless Steel
Others
Market Analysis, Insights and Forecast – By Coating
Coated
Non-coated
Market Analysis, Insights and Forecast – By End User
Hospitals & Clinics
Diagnostic Centers
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia pacific
Latin America
Middle East & Africa
TOC Continued….

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Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Guidewires Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Guidewires Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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