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Jan. 4, 2021, 6:35 p.m. EST

Guidewires Market Size & Share 2020 | Industry Trends by Product, by Material, by Application, by End User

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Jan 04, 2021 (SUPER MARKET RESEARCH via COMTEX) -- According to IMARC Group's latest report, titled "Guidewire Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,". Looking forward, IMARC Group expects the global guidewires market to exhibit moderate growth during the next five years.

A guidewire is a tube used for deploying medical devices inside the patient's body. The wire is compact and flexible based on its composition that includes nitinol, stainless steel, platinum, palladium, bimetal, tungsten, and polymers. These materials offer high tensile and torque strength, enhanced durability, and better fatigue resistance. Guidewires are extensively used in vascular interventions and minimally invasive (MI) surgeries based on their hydrophilic and hydrophobic compound coatings that improve lubrication to reach lesions in the blood vessels. As a result, guidewires are widely adopted in various cardiovascular, gastrointestinal, urology, and interventional radiology procedures as they facilitate device delivery and reduce the risks of vascular injuries.

Request for a free sample copy of this report:
https://www.imarcgroup.com/guidewires-market/requestsample

The rising prevalence of various chronic diseases and growing inclination towards minimally invasive (MI) surgeries are driving the market for guidewires. The widespread utilization of guidewires in bariatric procedures and diagnosis, along with the treatment of various neurological and cardiovascular diseases (CVDs), is further augmenting the product demand. Moreover, the adoption of nitinol materials in the production of guidewires provides enhanced biocompatibility, steerability, and elasticity, thereby bolstering the growth of the guidewires market.

Guidewire Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Abbott Laboratories /zigman2/quotes/203724446/composite ABT -1.48%

  • AngioDynamics Inc. /zigman2/quotes/200001965/composite ANGO +2.44%

  • ASAHI INTECC Co., Ltd. (tyo:7747)

  • Braun (B. Braun Holding GmbH & Co. KG)

  • Boston Scientific /zigman2/quotes/203726728/composite BSX -2.24%

  • R. Bard Inc. (Becton, Dickinson and Company)

  • Cardinal Health /zigman2/quotes/206646342/composite CAH -1.19%

  • Cook Medical Incorporated (Cook Group)

  • Johnson & Johnson /zigman2/quotes/201724570/composite JNJ -2.64%

  • Medtronic Plc /zigman2/quotes/206816578/composite MDT -0.77%

  • Merit Medical Systems Inc. /zigman2/quotes/209183774/composite MMSI +1.59%

  • Olympus Corporation /zigman2/quotes/209183774/composite MMSI +1.59%

  • Stryker Corporation /zigman2/quotes/207664662/composite SYK -1.26%

  • Teleflex Medical Inc. /zigman2/quotes/209322043/composite TFX -1.08%

  • Terumo Corporation. (tyo:4543)

The report has segmented the market on the basis of product, material, application, end user and region.

Breakup by Product:

  • Surgical Guidewires

  • Diagnostic Guidewires

Breakup by Material:

  • Nitinol

  • Stainless Steel

  • Others

Breakup by Application:

/zigman2/quotes/203724446/composite
US : U.S.: NYSE
$ 119.78
-1.80 -1.48%
Volume: 5.20M
Feb. 26, 2021 4:02p
P/E Ratio
47.75
Dividend Yield
1.50%
Market Cap
$212.19 billion
Rev. per Employee
$317,505
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/zigman2/quotes/200001965/composite
US : U.S.: Nasdaq
$ 20.95
+0.50 +2.44%
Volume: 280,646
Feb. 26, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$795.34 million
Rev. per Employee
$330,196
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/zigman2/quotes/203726728/composite
US : U.S.: NYSE
$ 38.78
-0.89 -2.24%
Volume: 13.45M
Feb. 26, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$54.96 billion
Rev. per Employee
$260,868
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/zigman2/quotes/206646342/composite
US : U.S.: NYSE
$ 51.52
-0.62 -1.19%
Volume: 2.85M
Feb. 26, 2021 4:00p
P/E Ratio
10.98
Dividend Yield
3.77%
Market Cap
$15.13 billion
Rev. per Employee
$3.19M
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/zigman2/quotes/201724570/composite
US : U.S.: NYSE
$ 158.46
-4.30 -2.64%
Volume: 14.42M
Feb. 26, 2021 4:00p
P/E Ratio
28.74
Dividend Yield
2.55%
Market Cap
$416.54 billion
Rev. per Employee
$613,918
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/zigman2/quotes/206816578/composite
US : U.S.: NYSE
$ 116.97
-0.91 -0.77%
Volume: 5.23M
Feb. 26, 2021 4:00p
P/E Ratio
54.63
Dividend Yield
1.98%
Market Cap
$157.61 billion
Rev. per Employee
$321,256
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/zigman2/quotes/209183774/composite
US : U.S.: Nasdaq
$ 55.72
+0.87 +1.59%
Volume: 409,205
Feb. 26, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.10 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/209183774/composite
US : U.S.: Nasdaq
$ 55.72
+0.87 +1.59%
Volume: 409,205
Feb. 26, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.10 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207664662/composite
US : U.S.: NYSE
$ 242.69
-3.09 -1.26%
Volume: 1.16M
Feb. 26, 2021 4:06p
P/E Ratio
57.78
Dividend Yield
1.04%
Market Cap
$91.30 billion
Rev. per Employee
$333,744
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/zigman2/quotes/209322043/composite
US : U.S.: NYSE
$ 398.12
-4.36 -1.08%
Volume: 206,553
Feb. 26, 2021 4:03p
P/E Ratio
56.13
Dividend Yield
0.34%
Market Cap
$18.59 billion
Rev. per Employee
N/A
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