Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Peripheral Guidewire market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Peripheral Guidewire market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Peripheral
Guidewire market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Peripheral Guidewire market is offered. In accordance with the report, the global
Peripheral Guidewire market is projected to
expand at a CAGR of 5% over the period
of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Peripheral Guidewires are most tangible tools which help the medical
practitioners to forging the pathway for peripheral interventions. The key
features of excellent quality guidewires are excellent torque response, high
lubricity and exceptional torque control etc. During the time of peripheral
interventions, peripheral guidewires should be chosen carefully-for instance,
the size of the peripheral guidewires should be 0.014, 0.018 and 0.035 inch. In
addition, core material, core tapers and grinds, tip designs, covers and
coatings, wire length etc. are the other factors which matter in selection of
guidewires during peripheral interventions. The global peripheral guidewires
market is primarily driven by the increasing number peripheral artery diseases
across worldwide. According to the Centers for Disease Control and Prevention,
around 9 Million living in the US has been suffering from peripheral artery
disorders in 2018. In terms of age, around 12-20% of the deceased are over 60
years of age. The prevalence peripheral artery disease is anticipated to
increase with higher age, revealed by a study published in THE LANCET in 2019.
Conversely, the growth of the global peripheral guidewires market would likely
to restrain by the defective manufacturing- in 2010, Boston Scientific
Corporation recalled 34 units of guidewires as the company found fault in
process design in peripheral guidewire. As a reason of recall, the firm stated
that the distal portion of the guidewire were coated with hydrophilic polymer
and proximal portion is coated with PTFE- this could make a side effect to the
patients during medical interventions. However, new product development and
strategic alliance may provide the global peripheral guidewires market an
opportunity propel during the forecast period.
Segment Covered:
This market
intelligence report on the global Peripheral Guidewire market encompasses
market segments based on core material, application and country.
In terms of core material, the global Peripheral
Guidewire market is segregated into:
·
Stainless Steel
·
Nitinol, and
·
Others
By application, the global market is also
classified into:
·
Diagnosis
·
Treatment
By country/region, the global Peripheral
Guidewire market has been divided into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
Terumo
Corporation
·
Abbott
·
Cook
·
Boston
Scientific Corporation
·
Merit Medical
Systems
·
Cardiovascular Systems, Inc.
·
Medtronic
·
Cordis (a
Cardinal Health Company)
·
Stryker
·
B. Braun
Melsungen AG
Others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Peripheral Guidewire related investment & spending and
developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Peripheral Guidewire market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account
2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Peripheral Guidewire market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Terumo Corporation, Abbott,
Cook, Boston Scientific Corporation, Merit Medical Systems, Cardiovascular
Systems, Inc , Medtronic, Cordis (a Cardinal Health Company), Stryker, B. Braun
Melsungen AG and
among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Peripheral Guidewire caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Peripheral
Guidewire market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Peripheral
Guidewire market
v
Identification
of key factors driving investment opportunities in the Peripheral
Guidewire market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants