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Steerable Guidewire-Global Market Insights and Sales Trends 2024
Synopsis
Steerable guidewires represent a class of medical devices used during various minimally invasive procedures, particularly those involving cardiovascular applications. Their primary purpose is to aid physicians in navigating tortuous vasculature by offering controlled deflection capability at distal tips while advancing into target regions deep within the body.
The global Steerable Guidewire market size is expected to reach US$ 1292.8 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Steerable Guidewire in various end use industries. The expanding demands from the Hospitals, Clinics and Others,, are propelling Steerable Guidewire market. NiTi Alloy Guidewire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Stainless Steel Guidewire segment is estimated at % CAGR for the next seven-year period.
The global steerable guidewire market was characterized by intense competition among major industry participants. Key drivers fueling market growth include rising prevalence of cardiovascular diseases worldwide, technological advancements in guidewire materials and construction, and favorable government policies promoting healthcare infrastructure expansion in emerging economies. However, market entry barriers remain high due to stringent regulatory requirements and substantial capital expenditure needed for research & development and production scale-up. Significant consolidation activity has occurred in recent years via mergers & acquisitions, joint ventures, and partnerships aimed at achieving greater operational efficiency, expanding geographic presence, and leveraging complementary capabilities.Nonetheless, the long-term outlook appears positive as growing demands for minimally invasive procedures and precision medicine approaches bode well for continued steerable guidewire adoption across diverse medical specialties.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Steerable Guidewire, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Steerable Guidewire market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Steerable Guidewire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steerable Guidewire sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Steerable Guidewire covered in this report include Abbott Vascular, Asahi Intecc, Boston Scientific Corporation, Medtronic, Merit, Cordis, Rapid Medical, Teleflex and Angioline, etc.
The global Steerable Guidewire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott Vascular
Asahi Intecc
Boston Scientific Corporation
Medtronic
Merit
Cordis
Rapid Medical
Teleflex
Angioline
Cardinal Health
Global Steerable Guidewire market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Steerable Guidewire market, Segment by Type:
NiTi Alloy Guidewire
Stainless Steel Guidewire
Others
Global Steerable Guidewire market, by Application
Hospitals
Clinics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Steerable Guidewire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steerable Guidewire in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Steerable guidewires represent a class of medical devices used during various minimally invasive procedures, particularly those involving cardiovascular applications. Their primary purpose is to aid physicians in navigating tortuous vasculature by offering controlled deflection capability at distal tips while advancing into target regions deep within the body.
The global Steerable Guidewire market size is expected to reach US$ 1292.8 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Steerable Guidewire in various end use industries. The expanding demands from the Hospitals, Clinics and Others,, are propelling Steerable Guidewire market. NiTi Alloy Guidewire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Stainless Steel Guidewire segment is estimated at % CAGR for the next seven-year period.
The global steerable guidewire market was characterized by intense competition among major industry participants. Key drivers fueling market growth include rising prevalence of cardiovascular diseases worldwide, technological advancements in guidewire materials and construction, and favorable government policies promoting healthcare infrastructure expansion in emerging economies. However, market entry barriers remain high due to stringent regulatory requirements and substantial capital expenditure needed for research & development and production scale-up. Significant consolidation activity has occurred in recent years via mergers & acquisitions, joint ventures, and partnerships aimed at achieving greater operational efficiency, expanding geographic presence, and leveraging complementary capabilities.Nonetheless, the long-term outlook appears positive as growing demands for minimally invasive procedures and precision medicine approaches bode well for continued steerable guidewire adoption across diverse medical specialties.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Steerable Guidewire, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Steerable Guidewire market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Steerable Guidewire market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steerable Guidewire sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Steerable Guidewire covered in this report include Abbott Vascular, Asahi Intecc, Boston Scientific Corporation, Medtronic, Merit, Cordis, Rapid Medical, Teleflex and Angioline, etc.
The global Steerable Guidewire market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Abbott Vascular
Asahi Intecc
Boston Scientific Corporation
Medtronic
Merit
Cordis
Rapid Medical
Teleflex
Angioline
Cardinal Health
Global Steerable Guidewire market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Steerable Guidewire market, Segment by Type:
NiTi Alloy Guidewire
Stainless Steel Guidewire
Others
Global Steerable Guidewire market, by Application
Hospitals
Clinics
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Steerable Guidewire manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steerable Guidewire in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Steerable Guidewire Market Overview
1.1 Steerable Guidewire Product Overview
1.2 Steerable Guidewire Market Segment by Type
1.2.1 NiTi Alloy Guidewire
1.2.2 Stainless Steel Guidewire
1.2.3 Others
1.3 Global Steerable Guidewire Market Size by Type
1.3.1 Global Steerable Guidewire Market Size Overview by Type (2018-2029)
1.3.2 Global Steerable Guidewire Historic Market Size Review by Type (2018-2023)
1.3.3 Global Steerable Guidewire Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Steerable Guidewire Sales Breakdown by Type (2018-2023)
1.4.2 Europe Steerable Guidewire Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Steerable Guidewire Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Steerable Guidewire Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Steerable Guidewire Sales Breakdown by Type (2018-2023)
2 Global Steerable Guidewire Market Competition by Company
2.1 Global Top Players by Steerable Guidewire Sales (2018-2023)
2.2 Global Top Players by Steerable Guidewire Revenue (2018-2023)
2.3 Global Top Players by Steerable Guidewire Price (2018-2023)
2.4 Global Top Manufacturers Steerable Guidewire Manufacturing Base Distribution, Sales Area, Product Type
2.5 Steerable Guidewire Market Competitive Situation and Trends
2.5.1 Steerable Guidewire Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Steerable Guidewire Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Steerable Guidewire as of 2022)
2.7 Date of Key Manufacturers Enter into Steerable Guidewire Market
2.8 Key Manufacturers Steerable Guidewire Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Steerable Guidewire Status and Outlook by Region
3.1 Global Steerable Guidewire Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Steerable Guidewire Historic Market Size by Region
3.2.1 Global Steerable Guidewire Sales in Volume by Region (2018-2023)
3.2.2 Global Steerable Guidewire Sales in Value by Region (2018-2023)
3.2.3 Global Steerable Guidewire Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Steerable Guidewire Forecasted Market Size by Region
3.3.1 Global Steerable Guidewire Sales in Volume by Region (2024-2029)
3.3.2 Global Steerable Guidewire Sales in Value by Region (2024-2029)
3.3.3 Global Steerable Guidewire Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Steerable Guidewire by Application
4.1 Steerable Guidewire Market Segment by Application
4.1.1 Hospitals
4.1.2 Clinics
4.1.3 Others
4.2 Global Steerable Guidewire Market Size by Application
4.2.1 Global Steerable Guidewire Market Size Overview by Application (2018-2029)
4.2.2 Global Steerable Guidewire Historic Market Size Review by Application (2018-2023)
4.2.3 Global Steerable Guidewire Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Steerable Guidewire Sales Breakdown by Application (2018-2023)
4.3.2 Europe Steerable Guidewire Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Steerable Guidewire Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Steerable Guidewire Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Steerable Guidewire Sales Breakdown by Application (2018-2023)
5 North America Steerable Guidewire by Country
5.1 North America Steerable Guidewire Historic Market Size by Country
5.1.1 North America Steerable Guidewire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Steerable Guidewire Sales in Volume by Country (2018-2023)
5.1.3 North America Steerable Guidewire Sales in Value by Country (2018-2023)
5.2 North America Steerable Guidewire Forecasted Market Size by Country
5.2.1 North America Steerable Guidewire Sales in Volume by Country (2024-2029)
5.2.2 North America Steerable Guidewire Sales in Value by Country (2024-2029)
6 Europe Steerable Guidewire by Country
6.1 Europe Steerable Guidewire Historic Market Size by Country
6.1.1 Europe Steerable Guidewire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Steerable Guidewire Sales in Volume by Country (2018-2023)
6.1.3 Europe Steerable Guidewire Sales in Value by Country (2018-2023)
6.2 Europe Steerable Guidewire Forecasted Market Size by Country
6.2.1 Europe Steerable Guidewire Sales in Volume by Country (2024-2029)
6.2.2 Europe Steerable Guidewire Sales in Value by Country (2024-2029)
7 Asia-Pacific Steerable Guidewire by Region
7.1 Asia-Pacific Steerable Guidewire Historic Market Size by Region
7.1.1 Asia-Pacific Steerable Guidewire Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Steerable Guidewire Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Steerable Guidewire Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Steerable Guidewire Forecasted Market Size by Region
7.2.1 Asia-Pacific Steerable Guidewire Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Steerable Guidewire Sales in Value by Region (2024-2029)
8 Latin America Steerable Guidewire by Country
8.1 Latin America Steerable Guidewire Historic Market Size by Country
8.1.1 Latin America Steerable Guidewire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Steerable Guidewire Sales in Volume by Country (2018-2023)
8.1.3 Latin America Steerable Guidewire Sales in Value by Country (2018-2023)
8.2 Latin America Steerable Guidewire Forecasted Market Size by Country
8.2.1 Latin America Steerable Guidewire Sales in Volume by Country (2024-2029)
8.2.2 Latin America Steerable Guidewire Sales in Value by Country (2024-2029)
9 Middle East and Africa Steerable Guidewire by Country
9.1 Middle East and Africa Steerable Guidewire Historic Market Size by Country
9.1.1 Middle East and Africa Steerable Guidewire Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Steerable Guidewire Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Steerable Guidewire Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Steerable Guidewire Forecasted Market Size by Country
9.2.1 Middle East and Africa Steerable Guidewire Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Steerable Guidewire Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abbott Vascular
10.1.1 Abbott Vascular Company Information
10.1.2 Abbott Vascular Introduction and Business Overview
10.1.3 Abbott Vascular Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abbott Vascular Steerable Guidewire Products Offered
10.1.5 Abbott Vascular Recent Development
10.2 Asahi Intecc
10.2.1 Asahi Intecc Company Information
10.2.2 Asahi Intecc Introduction and Business Overview
10.2.3 Asahi Intecc Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Asahi Intecc Steerable Guidewire Products Offered
10.2.5 Asahi Intecc Recent Development
10.3 Boston Scientific Corporation
10.3.1 Boston Scientific Corporation Company Information
10.3.2 Boston Scientific Corporation Introduction and Business Overview
10.3.3 Boston Scientific Corporation Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Boston Scientific Corporation Steerable Guidewire Products Offered
10.3.5 Boston Scientific Corporation Recent Development
10.4 Medtronic
10.4.1 Medtronic Company Information
10.4.2 Medtronic Introduction and Business Overview
10.4.3 Medtronic Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Medtronic Steerable Guidewire Products Offered
10.4.5 Medtronic Recent Development
10.5 Merit
10.5.1 Merit Company Information
10.5.2 Merit Introduction and Business Overview
10.5.3 Merit Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Merit Steerable Guidewire Products Offered
10.5.5 Merit Recent Development
10.6 Cordis
10.6.1 Cordis Company Information
10.6.2 Cordis Introduction and Business Overview
10.6.3 Cordis Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cordis Steerable Guidewire Products Offered
10.6.5 Cordis Recent Development
10.7 Rapid Medical
10.7.1 Rapid Medical Company Information
10.7.2 Rapid Medical Introduction and Business Overview
10.7.3 Rapid Medical Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Rapid Medical Steerable Guidewire Products Offered
10.7.5 Rapid Medical Recent Development
10.8 Teleflex
10.8.1 Teleflex Company Information
10.8.2 Teleflex Introduction and Business Overview
10.8.3 Teleflex Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Teleflex Steerable Guidewire Products Offered
10.8.5 Teleflex Recent Development
10.9 Angioline
10.9.1 Angioline Company Information
10.9.2 Angioline Introduction and Business Overview
10.9.3 Angioline Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Angioline Steerable Guidewire Products Offered
10.9.5 Angioline Recent Development
10.10 Cardinal Health
10.10.1 Cardinal Health Company Information
10.10.2 Cardinal Health Introduction and Business Overview
10.10.3 Cardinal Health Steerable Guidewire Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Cardinal Health Steerable Guidewire Products Offered
10.10.5 Cardinal Health Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Steerable Guidewire Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Steerable Guidewire Industrial Chain Analysis
11.4 Steerable Guidewire Market Dynamics
11.4.1 Steerable Guidewire Industry Trends
11.4.2 Steerable Guidewire Market Drivers
11.4.3 Steerable Guidewire Market Challenges
11.4.4 Steerable Guidewire Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Steerable Guidewire Distributors
12.3 Steerable Guidewire Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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