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The peripheral guidewires market share is expected to increase to USD 195.21 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.06%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (interventional and diagnostic) and geography (North America, Europe, Asia, and Rest of World (ROW)).
The peripheral guidewires market report also offers information on several market vendors, including Abbott Laboratories, Asahi Intecc Co. Ltd., B. Braun SE, Becton Dickinson and Co., BIOTRONIK SE and Co KG, Boston Scientific Corp., Cardinal Health Inc., Conmed Corp., Cook Group Inc., EPflex Feinwerktechnik GmbH, Heraeus Holding GmbH, Integer Holdings Corp., Kimal Group, Medtronic Plc, Merit Medical Systems Inc., MicroPort Scientific Corp., Opsens Inc., optimized Medical Instruments GmbH, SP Group AS, TE Connectivity Ltd., Teleflex Inc., and Terumo Corp. among others.
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Technavio categorizes the global peripheral guidewires market as a part of the global healthcare supplies market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the peripheral guidewires market during the forecast period.
The increasing demand for MI procedures is notably driving the peripheral guidewires market growth, although factors such as stringent regulatory framework may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Peripheral Guidewires Market Driver
Key Peripheral Guidewires Market Trend
Key Peripheral Guidewires Market Challenge
This peripheral guidewires market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Our In-house experts produce extensive information on the value chain and parent market of the peripheral guidewires market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.
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37% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for peripheral guidewires in North America. However, market growth in this region will be slower than the growth of the market in other regions.
The prevalence of high-risk factors for vascular diseases, such as high blood pressure and cholesterol, and the presence of peripheral vascular programs and associations will facilitate the peripheral guidewires market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The peripheral guidewires market share growth by the interventional segment will be significant during the forecast period. Advances in guidewire designs and a better understanding of their use result in improved interventional procedural success, and therefore, the interventional segment will contribute to the global peripheral guidewires market growth in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the peripheral guidewires market size and actionable market insights on the post-COVID-19 impact on each segment.
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Peripheral Guidewires Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.06% |
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Market growth 2022-2026 |
$ 195.21 million |
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Market structure |
Fragmented |
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YoY growth (%) |
6.53 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 37% |
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Key countries |
US, Canada, Germany, France, China, and Japan |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Abbott Laboratories, Asahi Intecc Co. Ltd., B. Braun SE, Becton Dickinson and Co., BIOTRONIK SE and Co KG, Boston Scientific Corp., Cardinal Health Inc., Conmed Corp., Cook Group Inc., EPflex Feinwerktechnik GmbH, Heraeus Holding GmbH, Integer Holdings Corp., Kimal Group, Medtronic Plc, Merit Medical Systems Inc., MicroPort Scientific Corp., Opsens Inc., optimized Medical Instruments GmbH, SP Group AS, TE Connectivity Ltd., Teleflex Inc., and Terumo Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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