Friday, February 5, 2021

Guidewires Market Share Forecast to Witness Considerable Growth from 2020 to 2030 | Medtronic, Boston Scientific Corporation, Abbott

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.

Some of the prominent players in the guidewires market include:
Medtronic, Boston Scientific Corporation, Abbott, B. Braun Melsungen AG., Stryker, OLYMPUS CORPORATION, Terumo IS., Merit Medical Systems, Teleflex Incorporated., and CONMED Corporation, among others.

Download PDF to Know the Impact of COVID-19 on “Guidewires Market” at: https://www.marketindustryreports.com/pdf/345

According to the World Health Organization, the proportion of the world’s population over 60 years will nearly double from 12% to 22% between 2015 and 2050. The geriatric population is more susceptible to old-age-linked diseases. Cardiovascular diseases remain among the most common causes of deaths among the aged population. For instance, according to the American Heart Association, Inc., in 2017, more than half of the heart transplant recipients were in the age group, 50 & older. Thus, the increasing geriatric population and increasing prevalence of cardiovascular disease are anticipated to propel the guidewires market.

The Guidewires Market is segmented on the basis of Material, Product, Applications and region.

Major Material of Guidewires Market covered are:

  • Stainless Steel Guidewires
  • Nitinol Guidewires
  • Hybrid Guidewires

Major Product of Guidewires Market covered are:

  • Surgical Guidewires
  • Diagnostic Guidewires

Major Applications of Guidewires Market covered are:

  • Cardiology
  • Vascular
  • Urology
  • Neurology
  • Oncology
  • Gastroenterology


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