Market Overview:
The global peripheral guidewire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in guidewires, and rising demand for minimally invasive procedures. Based on type, the global peripheral guidewire market is segmented into angled, j-shape, and straight guidewires. The angled guidewire segment is expected to grow at the highest CAGR during the forecast period owing to its ability to navigate through tortuous vessels and its low profile design that helps reduce damage caused by contact with surrounding tissue structures. Based on application, the global peripheral guidewire market is segmented into interventional procedures and diagnostic procedures. The interventional procedure segment dominates this market owing to rising demand for minimally invasive surgeries across the globe.
Product Definition:
A peripheral guidewire is a thin, flexible wire used to guide other medical devices into place. It may be used in a variety of procedures, such as angiography or cardiac catheterization.
Angled:
The market for Angled Peripheral Guidewire is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing prevalence of peripheral vascular diseases, growing demand for minimally invasive surgeries and technological advancements in medical devices.
According to NCBI, peripheral vascular disease is one of the most common conditions affecting humans; around 15 million people in North America alone suffer from it.
J Shape:
The J shape is a modification of the straight or curved guidewire used to access vessels in tight spaces. It has several advantages over conventional shapes such as it can be inserted into smaller sized blood vessels, it helps reach deep lesions and it allows greater flexibility while advancing through tortuous pathways.
It's main disadvantage is that when fully extended, its tip may kink which could cause damage to the vessel and/or tissue along its length if not handled carefully.
Application Insights:
On the basis of application, the global peripheral guidewire market is segmented into diagnostic and interventional. The diagnostics segment held a larger share in 2017 owing to factors such as increasing adoption of advanced technologies for diagnosis, rising demand for minimally invasive procedures across various applications, and growing investments by key players in R&D activities pertaining to peripheral devices.
The interventional segment is anticipated to witness significant growth over the forecast period due to factors such as technological advancements that have led to an increase in usage of peripherals for angiography procedures over recent years. Moreover, introduction of new products with enhanced features will also boost industry growth during the forecast period.
Regional Analysis:
North America dominated the global peripheral guidewire market in 2017. The presence of well-established healthcare facilities, favorable government initiatives, and increasing demand for advanced minimally invasive surgeries are some of the major factors responsible for its large share. For instance, in 2014, according to a study published by National Cancer Institute (NCI), over 2 million people were diagnosed with cancer in U.S., and it is estimated that 1 person dies due to cancer every 3 minutes as stated by NCI’s 2018 Cancer Statistics Report.
Growth Factors:
- Increasing incidence of chronic diseases: The prevalence of chronic diseases is increasing at an alarming rate across the globe. This is primarily because of the changing lifestyle and dietary habits of people. Peripheral guidewires are increasingly being used for diagnosing and treating these conditions.
- Technological advancements: The peripheral guidewire market is witnessing rapid technological advancements, with new products being launched regularly. This is helping to boost the demand for these devices globally.
- Rising geriatric population: The global geriatric population is growing rapidly, and this is leading to an increase in the number of patients requiring treatment for various chronic diseases. Peripheral guidewires are thus becoming increasingly important in such cases.
Scope Of The Report
Report Attributes
Report Details
Report Title
Peripheral Guidewire Market Research Report
By Type
Angled, J Shape, Straight
By Application
Interventional, DiagnosticsÂ
By Companies
Terumo Medical, Abbott Vascular, Asahi Intecc, Boston Scientific Corporation, Cook Medical, Integer, Medtronic, TE Connectivity, Merit, SP Medical, Epflex, Biotronik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Peripheral Guidewire Market Report Segments:
The global Peripheral Guidewire market is segmented on the basis of:
Types
Angled, J Shape, Straight
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Interventional, DiagnosticsÂ
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Terumo Medical
- Abbott Vascular
- Asahi Intecc
- Boston Scientific Corporation
- Cook Medical
- Integer
- Medtronic
- TE Connectivity
- Merit
- SP Medical
- Epflex
- Biotronik
Highlights of The Peripheral Guidewire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Angled
- J Shape
- Straight
- By Application:
- Interventional
- DiagnosticsÂ
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Peripheral Guidewire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Peripheral Guidewire is a medical device that is inserted through a vein in the arm and threaded through to the larger veins near your heart. The guidewire helps doctors thread a catheter into these veins for procedures such as dialysis or surgery.
Some of the key players operating in the peripheral guidewire market are Terumo Medical, Abbott Vascular, Asahi Intecc, Boston Scientific Corporation, Cook Medical, Integer, Medtronic, TE Connectivity, Merit, SP Medical, Epflex, Biotronik.
The peripheral guidewire market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Peripheral Guidewire Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Peripheral Guidewire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Peripheral Guidewire Market - Supply Chain
4.5. Global Peripheral Guidewire Market Forecast
4.5.1. Peripheral Guidewire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Peripheral Guidewire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Peripheral Guidewire Market Absolute $ Opportunity
5. Global Peripheral Guidewire Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Peripheral Guidewire Market Size and Volume Forecast by Type
5.3.1. Angled
5.3.2. J Shape
5.3.3. Straight
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Peripheral Guidewire Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Peripheral Guidewire Market Size and Volume Forecast by Application
6.3.1. Interventional
6.3.2. Diagnostics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Peripheral Guidewire Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Peripheral Guidewire Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Peripheral Guidewire Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Peripheral Guidewire Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Peripheral Guidewire Demand Share Forecast, 2019-2026
9. North America Peripheral Guidewire Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Peripheral Guidewire Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Peripheral Guidewire Market Size and Volume Forecast by Application
9.4.1. Interventional
9.4.2. Diagnostics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Peripheral Guidewire Market Size and Volume Forecast by Type
9.7.1. Angled
9.7.2. J Shape
9.7.3. Straight
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Peripheral Guidewire Demand Share Forecast, 2019-2026
10. Latin America Peripheral Guidewire Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Peripheral Guidewire Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Peripheral Guidewire Market Size and Volume Forecast by Application
10.4.1. Interventional
10.4.2. Diagnostics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Peripheral Guidewire Market Size and Volume Forecast by Type
10.7.1. Angled
10.7.2. J Shape
10.7.3. Straight
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Peripheral Guidewire Demand Share Forecast, 2019-2026
11. Europe Peripheral Guidewire Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Peripheral Guidewire Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Peripheral Guidewire Market Size and Volume Forecast by Application
11.4.1. Interventional
11.4.2. Diagnostics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Peripheral Guidewire Market Size and Volume Forecast by Type
11.7.1. Angled
11.7.2. J Shape
11.7.3. Straight
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenss/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Peripheral Guidewire Demand Share, 2019-2026
12. Asia Pacific Peripheral Guidewire Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Peripheral Guidewire Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Peripheral Guidewire Market Size and Volume Forecast by Application
12.4.1. Interventional
12.4.2. Diagnostics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Peripheral Guidewire Market Size and Volume Forecast by Type
12.7.1. Angled
12.7.2. J Shape
12.7.3. Straight
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Peripheral Guidewire Demand Share, 2019-2026
13. Middle East & Africa Peripheral Guidewire Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Peripheral Guidewire Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Peripheral Guidewire Market Size and Volume Forecast by Application
13.4.1. Interventional
13.4.2. Diagnostics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Peripheral Guidewire Market Size and Volume Forecast by Type
13.7.1. Angled
13.7.2. J Shape
13.7.3. Straight
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Peripheral Guidewire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Peripheral Guidewire Market: Market Share Analysis
14.2. Peripheral Guidewire Distributors and Customers
14.3. Peripheral Guidewire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Terumo Medical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Abbott Vascular
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Asahi Intecc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Boston Scientific Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cook Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Integer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Medtronic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TE Connectivity
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Merit
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SP Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Epflex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Biotronik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
