The Global Cardiac Guidewires Market size is expected to grow from USD 171.8 Million in 2018 to USD 232.0 Million by 2028, at a CAGR of 4.0% during 2020-2028. The demand for cardiac guidewires is rising rapidly because they are extensively used in cardiology procedures such as angioplasty and coronary stenting. Newer types of guidewires are being developed and introduced in the market which can be divided into silicone, microsphere, polyether ether ketone (PEEK), and other types that have their own advantages over conventional guidewires such as biocompatibility and reduced procedure time.
Cardiac Guidewires are thin, flexible wires or tubes that are inserted into the blood vessels in order to guide procedures. These types of medical devices are often used for guiding catheters or other tools during surgery and they come in different shapes, sizes, and materials. The variety of cardiac wires is due to the different needs for cardiologists at different stages of a patient’s life, as well as the differing levels of accuracy required. Cardiac guidewire is an apparatus which is used in the heart surgery. It helps the surgeons to make more precise cuts and remove clots from a patient’s arteries or veins.
On the basis of Type, the market is segmented into Silicone, Microsphere, and Polyether Ether Ether Ketone (PEEK). Silicone is gaining popularity globally because they provide better flexibility than other types of wires which make them easy to advance through tortuous coronary arteries while minimizing damage caused by collisions with vessel walls or valves.
Silicone cardiac guidewires are made up of silicone polymers which can be used for guiding catheters and balloons to the desired location inside a patient’s heart, as well as in blood vessels. They have been designed with a special coating that helps them withstand high-pressure environments like those found within the human body. The compounds used in silicone cardiac guidewires give it an elastic property but at the same time allow it to resist stretching when subjected to external forces such as heat. This makes these wires very useful during procedures involving balloon inflation or stent placement into smaller arteries where there is little room for any movement while positioning the wires around valves.
Microsphere cardiac guidewires are small spherical beads or particles of polymers, typically nylon. They can be made in a variety of diameters and lengths by adding different amounts of polymer solution to the molten glass spheres. The microspheres have an average diameter ranging from 0.07-0.25 mm with lengths varying between 12 and 60 cm long when cooled down from 600°C (1112°F). These wires consist of three layers: core layer, surface coating, and protective outer sheath which makes them suitable for guiding balloon catheters through vessels as well as other medical devices such as pacemakers and defibrillators during surgery.
Polyether Ether Ether Ketone (PEEK) is a bioresorbable polymer that is used as a material for the insertion of coronary stents. It has excellent corrosion resistance properties and can be processed to provide strength in the desired dimensions. Polyether Ether Ketone (PEEK) Guidewires are guidewires with polyester ether ketones coating which are designed for use within large-diameter, long length vessels or complex anatomical structures where flexibility may offer clinical advantages over metal wire designs.
The structure of PEEK gives it excellent physical characteristics such as durability, stiffness, wear, and abrasion resistance. In addition to this, its ability to withstand high temperatures makes it an ideal choice when there exists a risk of exposure due to heat generation during application.
On the basis of Application, the market is segmented into Hospitals, Cardiac Centers, and Ambulatory Surgical Centers. In 2018, Hospitals accounted for the largest share of revenue among all applications segments with 40% followed by cardiac centers which account for 29%.
The cardiology devices are mainly used in hospitals as they can be a lifesaver when a patient has an acute heart condition. Guidewires are used during procedures like balloon angioplasty or stent implantation where it helps to guide tools through blood vessels that cannot be accessed directly from outside due to plaque build-up or narrowing of arteries. The guidewires also help doctors administer medications such as nitroglycerin inside artery walls before inserting catheters and balloons along their surfaces.
On the basis of Region, the market is segmented into North America, America, Europe, Asia Pacific, and Middle East & Africa. North America is the leading market for cardiac guidewires due to a rise in demand from the US, Canada, and Mexico. The new technologies that have been introduced in this region are expected to boost its growth further owing to increasing funding from various government agencies.
The Asia Pacific market is expected to be the fastest-growing region owing to the rise in population, increasing prevalence of cardiovascular diseases, and growth in the healthcare industry.
The increasing prevalence of coronary artery disease will generate higher demand for cardiac guidewires. The incidence of heart diseases is increasing globally, with most cases found in the Americas and European regions. In addition to this, a rise in geriatric populations increases the risk of developing cardiovascular problems such as atherosclerosis or hypertension which can lead to stroke or coronary artery disease.
Up Market Research published a new report titled “Cardiac Guidewires Market research report which is segmented by Types (Silicone, Microsphere, Polyether Ether Ether Ketone (PEEK), Others), By Applications (Hospitals, Cardiac Centers, Ambulatory Surgical Centers), By Players/Companies Abbott Laboratories, Boston Scientific, Maquet, Medtronic, St.Jude Medical, Sorin, Terumo Medical, Biosense Webster, Biotronik, Cordis”.
|Report Attributes||Report Details|
|Report Title||Cardiac Guidewires Market Research Report|
|By Type||Silicone, Microsphere, Polyether Ether Ether Ketone (PEEK), Others|
|By Application||Hospitals, Cardiac Centers, Ambulatory Surgical Centers|
|By Companies||Abbott Laboratories, Boston Scientific, Maquet, Medtronic, St.Jude Medical, Sorin, Terumo Medical, Biosense Webster, Biotronik, Cordis|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||246|
|Number of Tables & Figures||173|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Silicone, Microsphere, Polyether Ether Ether Ketone (PEEK), Others and By Application Hospitals, Cardiac Centers, Ambulatory Surgical Centers.
Some of the companies that are profiled in this report are:
Cardiac Guidewires Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Cardiac Guidewires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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