According to the latest report by IMARC Group, titled “Guidewires Market Report by Product (Surgical Guidewires, Diagnostic Guidewires), Material (Nitinol, Stainless Steel, and Others), Application (Coronary, Neurovascular, Urology, and Others), End User (Hospitals, Diagnostic Centers and Surgical Centers, Ambulatory Care Centers (ACC), and Others), and Region 2025-2033,” the global guidewires market size reached USD 1.12 Million in 2024. A guidewire is a thin, flexible medical wire used to insert, position and move larger devices such as a catheter, central venous line, or feeding tube. It is designed to navigate vessels to reach a lesion or vessel segment. The guidewire has become an integral part of various medical procedures and its use is steadily increasing and expanding. As a result, it is available in a wide array of shapes and tapers for medical specialties.
Global Guidewires Market Trends:
The occurrence of chronic diseases, such as cardiovascular, urological and neurovascular disorders, especially in the geriatric population, represents the primary factor bolstering the market growth. Guidewires are used for conducting bariatric procedures and diagnosing and treating cardiovascular diseases (CVDs). Besides this, with a significant rise in the healthcare expenditure, individuals are opting for minimally invasive surgical techniques as they offer reduced pain, faster recovery time and smaller incisions. Looking forward, the market value is projected to reach USD 1.56 Million by 2033, expanding at a CAGR of 3.52% during 2025-2033.
Market Summary:
Report Coverage:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Segment Coverage | Product, Material, Application, End User, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Abbott Laboratories, AngioDynamics Inc., ASAHI INTECC Co., Ltd., B. Braun (B. Braun Holding GmbH & Co. KG), Boston Scientific, C. R. Bard Inc. (Becton, Dickinson and Company), Cardinal Health, Cook Medical Incorporated (Cook Group), Johnson & Johnson, Medtronic Plc, Merit Medical Systems Inc., Olympus Corporation, Stryker Corporation, Teleflex Medical Inc. and Terumo Corporation |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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