Market Industry Reports (MIR) has published a new report titled “Guidewires Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the global guidewires market is estimated to be over US$ 660.8 million in 2019. It is anticipated to grow at a CAGR of 4.5% from 2020 to 2030.
The significant growth of the guidewires market can be attributed to the growing number of geriatric populations coupled with the increasing prevalence & incidents of chronic & infectious diseases. Moreover, the growing demand for minimal invasive surgeries among patient population and the rising number cardiovascular surgeries, among others, will boost growth of the guidewires market over the forecast period. Furthermore, increasing clinical applications of guidewires and favorable reimbursement scenarios in developed countries will fuel the guidewires market.
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