Coronary Guidewires Market Value Projected to Expand by 2029
Coronary guidewires market is anticipated to grow at a significant CAGR during the forecast period. Coronary guidewires are specialized pieces of equipment. They are used to deliver therapies to diseased areas of the coronary arterial system. These guidewires have the properties of steerability, traceability, flexibility and are used in minimally invasive surgeries. The major factor driving the demand for coronary guidewires is the rising number of minimally invasive surgeries along with the increasing prevalence of cardiovascular diseases (CVDs) across the globe.
According to the World Health
Organization (WHO), CVDs are the leading cause of mortality globally with a
mortality rate of an estimated 17.9 million people in 2019 which represented
32% of all global mortalities. Additionally, out of these, 85% were due to
heart attack and stroke. Furthermore, in the same year, 17 million premature
deaths were under the age of 70 due to non-communicable diseases. Hence, the
increasing prevalence of CVDs is driving the demand for coronary guidewires
which in turn is driving the growth of the market.
Some major players in the market include Abbott
Laboratories, Terumo Medical Corp., and Boston Scientific Corp., among others.
The market players are contributing significantly to the growth of the market
by the adoption of various strategies including mergers & acquisitions,
geographical expansion, partnerships and collaborations, and new product launches,
to stay competitive in the market. For instance, in February 2022, Teleflex
Inc. announced the clearance of an expanded indication for its specialty
catheters and coronary guidewires from the US Food and Drug Administration
(FDA). It is used in crossing chronic total occlusion percutaneous coronary
interventions (CTO PCI).
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Market: https://www.omrglobal.com/request-sample/coronary-guidewires-market
Market Coverage
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The market number available for – 2022-2029
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Base year- 2022
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Forecast period- 2023-2029
Segment Covered-
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By Material
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By Coating
Regions Covered-
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North America
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Europe
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Asia-Pacific
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Rest of the World
Competitive Landscape- Abbott Laboratories, Terumo
Medical Corp., and Boston Scientific Corp., among others.
Coronary Guidewires Market Report by Segment
By Material
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Nitinol
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Stainless Steel
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Others
By Coating
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Coated
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Hydrophilic
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Hydrophobic
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Non-Coated
A
full Report of Coronary Guidewires Market is Available @ https://www.omrglobal.com/industry-reports/coronary-guidewires-market
Coronary guidewires Market Report by Region
North America
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United States
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Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
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India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
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Latin America
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Middle East & Africa
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