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Peripheral Guidewire Market - Global Industry Analysis

Peripheral Guidewire Market: For Diagnostics And Interventional Application - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2020 – 2028

Published Date: 26-Jun-2021 Category: Medical Device Report Format : PDF Pages: 120 Report Code: ZMR-67 Status : Published

The Global Peripheral Guidewire Market was accounted for USD 822.4 Million in 2020 and is expected to reach USD 1212 Million by 2028, growing at a CAGR of around 4.8% between 2021 and 2028.

Description

Market Overview     

The Global Peripheral Guidewire Market was accounted for USD 822.4 Million in 2020 and is expected to reach USD 1212 Million by 2028, growing at a CAGR of around 4.8% between 2021 and 2028.

The immense demand for minimally invasive surgeries alongside the rapidly increasing geriatric population is probably going to inflate the expansion of the peripheral guidewire market over the approaching years. Aside from this, the rising occurrence of urological, neurological, and cardiovascular disorders also are likely to substantially augment the expansion of the peripheral guidewire market. Going forward, the surging number of hospitals, FDA guidelines over the merchandise application, product approvals, and therefore the high focus of players towards manufacturing advanced peripheral guidewire is likely to propel peripheral guidewire market revenue within the next few years.

The risk aspects related to the minimally invasive surgeries and therefore the growing trend of open surgeries, however, are probably going to hinder the expansion of the peripheral guidewire market over the years to return. Furthermore, the risks associated with laparoscopy, cardiovascular, and neurovascular surgeries are likely to obstruct the merchandise demand within the near future.    

COVID-19 Impact Analysis

The COVID-19 outbreak has hit commercial platforms hard which could stall development in emerging markets. However, the pandemic has impacted peripheral guidewire market growth negatively. The unexpected occurrence and rapid rate of transmission of infectious diseases like COVID-19 have compelled employers across the world to exercise strict control over worker/people's safety and security measures, successively raising the growth of the healthcare industry.

Growth Factors

The global peripheral guidewires market is predicted to expand at a swift speed owing to a variety of things. Demand for minimally invasive procedures is increasing owing to their benefits over open surgeries like minimal bleeding, fewer complications, lesser postoperative infection chances, shorter hospital stay, and early recovery. These surgeries are performed with the assistance of laparoscopes, endoscopes, and catheter-based techniques. An increase in patient preference for minimally invasive procedures escalates the demand for medical devices required to perform them. Hence, a rise in the number of minimally invasive surgeries and rapid changes in technology are likely to propel the worldwide peripheral guidewires market during the forecast period. Reimbursement policies governing medical devices are favorable in several countries, fuelling demand for guidewires.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Application Analysis Preview   

The Peripheral Guidewire market can be categorized into application and region. Diagnostic and interventional are the key application segments of the peripheral guidewire market.

Regional Segment Analysis Preview   

Geographically, North America has been leading the worldwide peripheral guidewire market and is anticipated to continue on the dominant position within the years to return. The presence of a well-established medical and healthcare infrastructure and skilled healthcare service providers is that the main factor behind the dominance of the North American peripheral guidewire market. The high number of market players being headquartered in North America is another significant factor that's supporting the expansion of this peripheral guidewire market. Furthermore, the various cases of lifestyle-related disorders witnessed within the region, soaring acceptance of advanced peripheral guidewire, and introduction of more advanced minimally invasive surgical methods is anticipated to spice up the peripheral guidewire market growth within the regions over the years ahead.

Key Market Players & Competitive Landscape

The key companies operating in the Peripheral Guidewire market include Abbott Vascular, Boston Scientific Corporation, CONMED Corporation, Cardinal Health Inc., Stryker Corporation, Medtronic PLC, B. Braun Melsungen AG, Cook Medical LLC, Terumo Corporation, and Asahi Intecc Co. Ltd.

The global Peripheral Guidewire Market is segmented as follows:

By Application

  • Diagnostics
  • Interventional

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Application
        • 2.1.1.2. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Peripheral Guidewire Market , 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Peripheral Guidewire Market – Application Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 4.2. Diagnostics
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Interventional
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Peripheral Guidewire Market – Region Segment Analysis
    • 5.1. Overview
      • 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 5.2. North America
      • 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.2.2. North America Market Revenue, By Application, 2016 – 2028
      • 5.2.5. U.S.
        • 5.2.5.1. U.S. Market Revenue, By Application, 2016 – 2028
      • 5.2.6. Canada
        • 5.2.6.1. Canada Market Revenue, By Application, 2016 – 2028
      • 5.2.7. Mexico
        • 5.2.7.1. Mexico Market Revenue, By Application, 2016 – 2028
    • 5.3. Europe
      • 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.3.2. Europe Market Revenue, By Application, 2016 – 2028
      • 5.3.5. Germany
        • 5.3.5.1. Germany Market Revenue, By Application, 2016 – 2028
      • 5.3.6. France
        • 5.3.6.1. France Market Revenue, By Application, 2016 – 2028
      • 5.3.7. U.K.
        • 5.3.7.1. U.K. Market Revenue, By Application, 2016 – 2028
      • 5.3.8. Italy
        • 5.3.8.1. Italy Market Revenue, By Application, 2016 – 2028
      • 5.3.9. Spain
        • 5.3.9.1. Spain Market Revenue, By Application, 2016 – 2028
      • 5.3.10. Rest of Europe
        • 5.3.10.1. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 5.4. Asia Pacific
      • 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.4.2. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 5.4.5. China
        • 5.4.5.1. China Market Revenue, By Application, 2016 – 2028
      • 5.4.6. Japan
        • 5.4.6.1. Japan Market Revenue, By Application, 2016 – 2028
      • 5.4.7. India
        • 5.4.7.1. India Market Revenue, By Application, 2016 – 2028
      • 5.4.8. South Korea
        • 5.4.8.1. South Korea Market Revenue, By Application, 2016 – 2028
      • 5.4.9. South-East Asia
        • 5.4.9.1. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 5.4.10. Rest of Asia Pacific
        • 5.4.10.1. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 5.5. Latin America
      • 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.5.2. Latin America Market Revenue, By Application, 2016 – 2028
      • 5.5.5. Brazil
        • 5.5.5.1. Brazil Market Revenue, By Application, 2016 – 2028
      • 5.5.6. Argentina
        • 5.5.6.1. Argentina Market Revenue, By Application, 2016 – 2028
      • 5.5.7. Rest of Latin America
        • 5.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 20285
    • 5.6. The Middle-East and Africa
      • 5.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 5.6.2. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 5.6.5. GCC Countries
        • 5.6.5.1. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 5.6.6. South Africa
        • 5.6.6.1. South Africa Market Revenue, By Application, 2016 – 2028
      • 5.6.7. Rest of Middle-East Africa
        • 5.6.7.1. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 6: Peripheral Guidewire Market – Industry Analysis
    • 6.1. Introduction
    • 6.2. Market Drivers
      • 6.2.1. Driving Factor 1 Analysis
      • 6.2.2. Driving Factor 2 Analysis
    • 6.3. Market Restraints
      • 6.3.1. Restraining Factor Analysis
    • 6.4. Market Opportunities
      • 6.4.1. Market Opportunity Analysis
    • 6.5. Porter’s Five Forces Analysis
    • 6.6. PEST Analysis
    • 6.7. Regulatory Landscape
    • 6.8. Technology Landscape
    • 6.9. Regional Market Trends
      • 6.9.1. North America
      • 6.9.2. Europe
      • 6.9.3. Asia Pacific
      • 6.9.4. Latin America
      • 6.9.5. The Middle-East and Africa
    • 6.10. Pricing Analysis
    • 6.11. Value Chain Analysis
    • 6.12. Downstream Buyers
    • 6.13. Distributors/Traders List
  • Chapter No. 7: Competitive Landscape
    • 7.1. Company Market Share Analysis – 2019
      • 7.1.1. Global Peripheral Guidewire Market : Company Market Share, 2019
      • 7.1.2. Global Peripheral Guidewire Market , Company Market Revenue, 2016 – 2019 (USD Billion)
      • 7.1.3. Global Peripheral Guidewire Market , Company Y-o-Y Growth, 2017 – 2028 (%)
      • 7.1.4. Global Peripheral Guidewire Market : Radar Determinant Chart, 2019
    • 7.2. Strategic Developments
      • 7.2.1. Acquisitions & Mergers
      • 7.2.2. New Product Launch
      • 7.2.3. Regional Expansion
    • 7.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 8: Company Profiles
    • 8.1. Abbott Vascular
      • 8.1.1. Company Overview
      • 8.1.2. Key Executives
      • 8.1.3. Product Portfolio
      • 8.1.4. Financial Overview
      • 8.1.5. Operating Business Segments
      • 8.1.6. Business Performance
      • 8.1.7. Recent Developments
    • 8.2. Boston Scientific Corporation
    • 8.3 CONMED Corporation
    • 8.4 Cardinal Health Inc.
    • 8.5 Stryker Corporation
    • 8.6 Medtronic PLC,
    • 8.7 B. Braun Melsungen AG
    • 8.8 Cook Medical LLC
    • 8.9 Terumo Corporation
    • 8.10 Asahi Intecc Co. Ltd
  • Chapter No. 9: Marketing Strategy Analysis
    • 9.1. Marketing Channel
    • 9.2. Direct Marketing
    • 9.3. Indirect Marketing
    • 9.4. Marketing Channel Development Trends
    • 9.5. Economic/Pulitical Environmental Change
  • Chapter No. 10: Research Methodology
    • 10.1. Research Methodology
    • 10.2. Phase I - Secondary Research
    • 10.3. Phase II - Data Modeling
      • 10.3.1. Company Share Analysis Model
      • 10.3.2. Revenue Based Modeling
    • 10.4. Phase III - Primary Research
    • 10.5. Research Limitations
      • 10.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Application
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Peripheral Guidewire Market  Revenue, 2016 – 2028 (USD Billion)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 6. Global Peripheral Guidewire Market for Diagnostics, Revenue (USD Billion) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Peripheral Guidewire Market for Diagnostics, By Country, 2020 & 2028
FIG NO. 8. Global Peripheral Guidewire Market for Interventional, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Peripheral Guidewire Market for Interventional, By Country, 2020 & 2028
FIG NO. 10. Global Peripheral Guidewire Market  Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America Peripheral Guidewire Market  Revenue, 2016 - 2028 (USD Billion)
FIG NO. 12. Porter’s Five Forces Analysis for Global Peripheral Guidewire Market 
FIG NO. 13. PEST Analysis for Global Peripheral Guidewire Market 
FIG NO. 14. Pricing Analysis for Global Peripheral Guidewire Market 
FIG NO. 15. Value Chain Analysis for Global Peripheral Guidewire Market 
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. L-3 Security Detection Systems Business Segment Revenue Share, 2020 (%)
FIG NO. 20. L-3 Security Detection Systems Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology


List of Tables 

TABLE NO. 1. Global Peripheral Guidewire Market : Snapshot
TABLE NO. 2. Quarterly Peripheral Guidewire Market  Revenue by Region, 2020
TABLE NO. 3. Quarterly Peripheral Guidewire Market  Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Peripheral Guidewire Market  for Diagnostics, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Peripheral Guidewire Market  for Interventional by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Peripheral Guidewire Market  Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. North America Peripheral Guidewire Market  Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 10. North America Peripheral Guidewire Market  Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 11. U.S. Peripheral Guidewire Market  Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 12. Canada Peripheral Guidewire Market  Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 13. Mexico Peripheral Guidewire Market  Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 14. Drivers for the Peripheral Guidewire Market : Impact Analysis
TABLE NO. 15. Restraints for the Peripheral Guidewire Market : Impact Analysis
TABLE NO. 16. Major Buyers of Peripheral Guidewire
TABLE NO. 17. Distributors/Traders List of Platfrom Carts
TABLE NO. 18. Global Peripheral Guidewire Market , Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 19. Global Peripheral Guidewire Market , Company Y-o-Y Growth, 2017 – 2028 (USD Billion)

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Peripheral Guidewire market. Zion Research has collected and analyzed key data belong to the global Peripheral Guidewire market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Peripheral Guidewire across the world has been calculated through primary and secondary research.

Zion Research employs a combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Peripheral Guidewire industry. Primary research makes up a major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Peripheral Guidewire market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

A guidewire is an extremely thin tube on which catheter is positioned. The catheter is inserted in the artery and moved towards the area of blockage. Possible insertion points for guidewire or catheter includes brachial artery, coronary arteries, and groin. The most common insertion point for a catheter is the femoral artery at the groin area. A guidewire helps in positioning, inserting, and moving catheter within an artery to treat blockages. There are four main types of guidewires i.e. peripheral guidewires, coronary guidewires, neurovascular guidewires, and urology guidewires. The majority of guidewires are manufactured from inexpensive stainless steel with an elastic coil tip to avoid harm to the blood vessels. These guidewires are reusable in nature; therefore most manufacturers choose low-cost stainless steel as a raw material.

A peripheral guidewire is inserted in case of peripheral vascular intervention process whereas; coronary guidewire is inserted in the care of coronary intervention process. The peripheral guidewire is an elongated and flexible fine spring inserted into an artery through a small incision in the skin and used to operate an intravascular angiographic catheter. It is a tool used in the treatment of cardiovascular, neurovascular and urology disorders. This tool is largely used in minimally invasive surgeries. The guidewire is made up of multi layers including the central core, distal tip, and outer coating that possessing properties of steerability, torquability, pushability.

Global peripheral guidewires market

Growing demand for minimally invasive surgery is expected to fuel the growth of peripheral guidewire market. These procedures involve a shorter hospital stay and are economically beneficial. The guidewire usage is growing rapidly in the medical device sector owing to its several biomechanical properties. Increasing worldwide geriatric population and prevalence of various medical conditions such as coronary and peripheral barriers is also expected to drive the guidewires market during the forecast period. Furthermore, increasing the prevalence of cardiovascular, neurovascular and urology diseases would drive the peripheral guidewire market. However, the high price of endovascular procedure and stringent regulatory are restraining market growth. The technological advancement in medical equipment is likely to open new growth prospects for peripheral guidewires market.

The global peripheral guidewires market is segmented on the basis of application and region. Diagnostic and interventional are the key application segment of global peripheral guidewires market. Interventional application segment was the leading application segment for peripheral guidewires in 2015 and accounted for a significant share in the same year.

 North American peripheral guidewires market was the largest in 2015 in terms of revenue and accounted for more than 40% share of the total market. This was due to the rising geriatric population coupled with high prevalence of chronic diseases in the region. Asia Pacific is expected to be one of the fastest growing regional markets for peripheral guidewires owing to growing medical tourism demand in emerging countries such as China and India.

Some of the key participants in this market are Abbott Laboratories, Boston Scientific Corporation, Asahi Intecc, Terumo Corporation, Cook Medical and among others. R&D investment has gradually increased over the last few years, in an attempt to develop cost effective product, technological advancement and to avoid product recalls.

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FrequentlyAsked Questions

The global Peripheral Guidewire Market was valued at USD 822.4 million in 2020.

The global Peripheral Guidewire Market is expected to reach USD 1212.2 million by 2028, growing at a CAGR of 4.8% between 2021 to 2028.

Some of the key factors driving the global Peripheral Guidewire Market growth are Rapid urbanization, an Increase in patient preference for minimally invasive, and rapid changes in technology are propelling demand for Peripheral Guidewire.

North America region held a substantial share of the Peripheral Guidewire Market in 2020.

The key companies operating in the Peripheral Guidewire market include Abbott Vascular, Boston Scientific Corporation, CONMED Corporation, Cardinal Health Inc., Stryker Corporation, Medtronic PLC, B. Braun Melsungen AG, Cook Medical LLC, Terumo Corporation, and Asahi Intecc Co. Ltd.

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