Guide Wires Market

A guidewire is a long and flexible spring that assists the introduction and placement of implantable medical devices into a patient's body. Guide Wires Market focuses on coronary guide wire and peripheral guide wire, used for cardiovascular diseases, peripheral artery disease (PAD), peripheral vascular diseases (PVDs), abdominal aortic aneurysms (AAA) and carotid artery stenosis (CAS). 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.

Guide Wires Market contains market size and forecasts of Guide Wires in global, including the following market information:

Global Guide Wires Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Guide Wires Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Guide Wires companies in 2021 (%)

The global Guide Wires market was valued at 1216.2 million in 2021 and is projected to reach US$ 1926.9 million by 2028, at a CAGR of 6.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Angled Guide Wires Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Guide Wires include Terumo Medical, Abbott Vascular, Asahi, Boston Scientific Corporation, Cardinal (Cordis), Integer (Lake Region), Medtronic, Cook Medical and TE Connectivity (AdvancedCath), etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Guide Wires manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Guide Wires Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Guide Wires Market Segment Percentages, by Type, 2021 (%)

Angled Guide Wires

J Shape Guide Wires

Straight Guide Wires

Global Guide Wires Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Guide Wires Market Segment Percentages, by Application, 2021 (%)

Interventional

Diagnostics

Global Guide Wires Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Guide Wires Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Guide Wires revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Guide Wires revenues share in global market, 2021 (%)

Key companies Guide Wires sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Guide Wires sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Terumo Medical

Abbott Vascular

Asahi

Boston Scientific Corporation

Cardinal (Cordis)

Integer (Lake Region)

Medtronic

Cook Medical

TE Connectivity (AdvancedCath)

Merit Medical Systems

SP Medical

Epflex

Shannon MicroCoil

Acme Monaco

Infiniti Medical

Custom Wire Technologies

Biotronik

Hanaco

Lepu Meidcal

Shenzhen Yixinda