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Medical Guidewires Market Size, Share and Growth, Regional Analysis and Forecast

  • OI-45
  • |
  • Published date: Nov, 2018
  • |
  • Medical Devices
  • |
  • Pages

Medical Guidewires - Need and outcomes of the current research


Globally, the number of people suffering from urological, neurological, and cardiovascular diseases is increasing rapidly. Tremendous raise in disease burden coupled with raising geriatric population is expected to increase the demand for minimally invasive image guided procedures that use guide wires for various applications.


The current report evaluates the clinical applications of the guidewires with major emphasis on the latest technology advancements. The demand trends are also analysed to determine the technology shift and emerging opportunities.


Rapid technology advancements, favourable regulatory and reimbursement policies create an immense growth potential for guidewire manufacturers. Factors such as product price, unavailability of infrastructure, delayed approval from health insurance agencies is expected to restrain guidewire market growth.


Market segments such as Neurovascular and Occular market segments are expected to grow with a highest CAGR


By region, U.S dominates guidewire market, and Japan holding more than 35% of the market share. 

The research objectives of the current report include



  • To determine the global market and demand trends for medical guidewires market in terms of value, volume and by region (North America, Europe, Asia-pacific, MEA and South America

  • Evaluate various clinical application of guidewires and estimation market share of each of the application segment

  • Provide detailed insights on the research and development activities, products withdrawn, reimbursement rejections and key product launches in the guidewires market

  • Identify information lucrative opportunities, regional drivers and trends for the development of actionable insights

  • Exhaustive information about new products, untapped geographies, recent developments, and investments in the guidewires market geographies

  • In-depth assessment of market shares, products offered, key strengths and strategies adopted by leading guidewire manufacturers





 


 


 

Medical Guidewires - Need and outcomes of the current research


Globally, the number of people suffering from urological, neurological, and cardiovascular diseases is increasing rapidly. Tremendous raise in disease burden coupled with raising geriatric population is expected to increase the demand for minimally invasive image guided procedures that use guide wires for various applications.


The current report evaluates the clinical applications of the guidewires with major emphasis on the latest technology advancements. The demand trends are also analysed to determine the technology shift and emerging opportunities.


Rapid technology advancements, favourable regulatory and reimbursement policies create an immense growth potential for guidewire manufacturers. Factors such as product price, unavailability of infrastructure, delayed approval from health insurance agencies is expected to restrain guidewire market growth.


Market segments such as Neurovascular and Occular market segments are expected to grow with a highest CAGR


By region, U.S dominates guidewire market, and Japan holding more than 35% of the market share. 

The research objectives of the current report include



  • To determine the global market and demand trends for medical guidewires market in terms of value, volume and by region (North America, Europe, Asia-pacific, MEA and South America

  • Evaluate various clinical application of guidewires and estimation market share of each of the application segment

  • Provide detailed insights on the research and development activities, products withdrawn, reimbursement rejections and key product launches in the guidewires market

  • Identify information lucrative opportunities, regional drivers and trends for the development of actionable insights

  • Exhaustive information about new products, untapped geographies, recent developments, and investments in the guidewires market geographies

  • In-depth assessment of market shares, products offered, key strengths and strategies adopted by leading guidewire manufacturers





 


 


 

Our research works on a holistic 360° approach to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involve the following steps:




  • Data Collation (Primary & Secondary)




  • In-house Estimation (Based on proprietary databases and Models)




  • Market Triangulation




  • Forecasting




  • Market-related information is assembled from both primary and secondary sources. 






  • Primary sources involved participants from all global stakeholders such as experts from several related industries and suppliers that have been interviewed to obtain and verify critical information as well as to assess prospects of the market. The participants included are CXOs, VPs, and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services. 






  • Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications annual reports press releases along with paid sources such as Factiva, OneSource, Bloomberg among others. 






  • Top-down and bottom-up approaches: The overall market size was used in the top-down approach to estimate the sizes of other individual submarkets (mentioned in the market segmentation by product, type of manufacturing, and disease) through percentage splits from secondary and primary research. The bottom-up approach was also implemented (wherever applicable) for data extracted from secondary research to validate the market segment revenues obtained. 





 


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