The global coronary guidewires market size is projected to reach USD 594.8 million by 2026. The increasing number of cardiovascular surgical procedures will create several opportunities for market growth. According to a report published by Fortune Business Insights, titled “Coronary Guidewires Market Size, Share & Industry Analysis, By Material (Nitinol, Stainless Steel, and Others) By Coating (Coated and Non-Coated) By End User (Hospitals, Cardiac Catheterization Laboratories, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 383.3 million in 2018 and will exhibit a CAGR of 5.7% during the forecast period, 2019-2026.
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Leading Players operating in the Coronary Guidewires Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Alcon (Part of Novartis AG)
- Johnson and Johnson Services, Inc.
- ZEISS International
- Bausch & Lomb Incorporated
- STAAR SURGICAL
- Hoya Corporation
- Oertli Instrumente AG
- Rayner Intraocular Lenses Limited
- SIFI S.p.A
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The report covers:
- Global Coronary Guidewires Market trends, with detailed analysis on consumer trends & manufacturer trends.
- Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
- Key areas of investments identifying market opportunities and challenges in forecast timeframe.
- Competitive analysis of the industry players along with the overview on strategic management.
- Comprehensive company profiles of the major industry players.
Coronary guidewires are used to access areas of the human body that cannot be reached through incision. As these parts are sensitive, they need to be handled with utmost care. These guidewires ensure that no neighbouring nerves are damaged and allow operations on the associated nerve. Recent technological advancements in coronary guidewires, coupled with the increasing adoption of these products in cardiovascular surgical procedures, will aid the growth of the global market in the coming years. The increasing number of cardiac interventions across the global will create several opportunities for the growth of the market. Additionally, the presence of favourable health reimbursement policies will lead to a widespread product adoption across the world.
North America to Emerge Dominant; Presence of Favorable Reimbursement Policies to Aid Growth
The report analyzes the ongoing coronary guidewires market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these, the market in North America is likely to dominate the market in the coming years. The presence of numerous modern healthcare institutions and ease of availability of products associated with coronary guidewires will aid the growth of the regional market. The increasing emphasis on the adoption of modern equipment will emerge in favour of market growth. As of 2018, the market in North America was worth USD 128.5 million and this value is likely to increase further in the coming years. The presence of several favorable health reimbursement policies will have a direct impact on the growth of the market in this region. Besides North America, Asia Pacific will witness considerable growth in the coming years, owing to the high prevalence of cardiovascular diseases.
Detailed Table of Content:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Number of Cataract Surgeries – for Key Countries/Region
- Introduction of New Products / Approvals (by Major Players)
- Key Industry Developments – Mergers, Acquisitions, and Partnerships, 2018
- Snapshot: Global Vision Care Market- 2018
- Technological Advancements in Cataract Surgeries
- Global Cataract Surgical Devices Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Product Type
- Phacoemulsification Systems
- Femtosecond Laser
- Intraocular Lenses
- Ophthalmic Viscoelastic Devices & Other Consumables
- Market Analysis, Insights and Forecast – By End-user
- Ophthalmic Clinics
- Market Analysis, Insights and Forecast – By Region
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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- Potential Coronary Guidewires Market opportunities
- Growth dynamics
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- Regular report updates
Reasons to Purchase this Report:
- Comprehensive analysis of the Coronary Guidewires Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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