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Peripheral Guidewires Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 120
  • SKU: IRTNTR40243
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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%.

This peripheral guidewires market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers peripheral guidewires 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.

What will the Peripheral Guidewires Market Size be During the Forecast Period?

Peripheral Guidewires Market Size

Download the Free Report Sample to Unlock the Peripheral Guidewires Market Size for the Forecast Period and Other Important Statistics

 

Peripheral Guidewires Market: Key Drivers, Trends, and Challenges

The increasing demand for MI procedures is notably driving the peripheral guidewires market growth, although factors such as stringent regulatory framework may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the peripheral guidewires industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Peripheral Guidewires Market Driver

  • One of the key factors driving the global peripheral guidewires industry growth is the increasing demand for MI procedures.
  • With the increasing pressure to cut down healthcare costs and, at the same time, ensure better outcomes, MI methods are replacing conventional surgical procedures, as well as the traditional techniques of laparoscopy.
  • Peripheral guidewires are MI medical supplies, which are used extensively in accessing the peripheral vessels inside the human body to ensure precision in interventional procedures/surgeries.
  • Lower chances of infection, lower complications, shorter stays in the hospital, and early recovery are some of the advantages of MI procedures.
  • The MI approach is becoming the gold standard for efficient and low-risk surgical procedures as it is a feasible, safe, and patient-friendly method of performing surgery.
  • The growing popularity and preference for MI surgery owing to its various benefits are driving the demand for MI healthcare supplies, including peripheral guidewires, and will facilitate the market growth during the forecast period.

Key Peripheral Guidewires Market Trend

  • Advances in guidewire technology is one of the key peripheral guidewire market trends that is expected to impact the industry positively in the forecast period.
  • The emergence of novel peripheral guidewires with features such as super elasticity, customized shapes, maximal deflection, and others has created new opportunities for end-users.
  • Merit medical systems and Laureate hydrophilic guide Wires are some examples of advanced peripheral guidewires.
  • The superior lubricity allows the guidewire to cross the most difficult lesions and thereby ensures successful outcomes, even in the most challenging interventional and diagnostic procedures.
  • Abbott Laboratories offers HI-Torque Command Peripheral Guide Wire, which comes with a hydrophilic coating on radiopaque polymer.
  • Boston Scientific offers ZIPwire Nitinol Hydrophilic Guidewire, which is available with a superelastic nitinol core for enhanced control.
  • The highly radiopaque jacket is designed to enhance visibility under fluoroscopy and thereby enable the accurate positioning of the device. 

Key Peripheral Guidewires Market Challenge

  • One of the key challenges to the global peripheral guidewires industry growth is the stringent regulatory framework.
  • Medical industry is highly regulated with safety standards that govern every aspect of the product lifecycle, starting from R&D, clinical trials, and pre-market approvals to manufacturing, labeling, and marketing.
  • Peripheral guidewires are categorized as Class II medical devices.
  • The labeling on the packaging must not be misleading and the devices must comply with all the requirements of the Cosmetic Act, including, Registration and listing (21 CFR Part 807) and Labeling (21 CFR Part 801).
  • The materials that are used in medical devices are important, both to the function and the safety of the device. Thus, the regulations aim at ensuring that the materials used in the manufacturing are safe for patients.
  • The existing stringent regulatory framework for Class II medical devices, including peripheral guidewires and the new guidelines on the use of nitinol, can hamper the growth of the market during the forecast period.


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.

Parent Market Analysis

Technavio categorizes the global peripheral guidewires market as a part of the global healthcare supplies market. Our research report has extensively covered 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.

Who are the Major Peripheral Guidewires Market Vendors?

The report analyzes the market's competitive landscape and 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.
  • Terumo Corp.

 

This statistical study of the peripheral guidewires market encompasses successful business strategies deployed by the key vendors. The peripheral guidewires market is fragmented and the vendors are deploying growth strategies such as investment in R&D to compete in the market.

Product Insights and News

  • Asahi Intecc Co. Ltd. - The unified segment focuses on manufacturing intelligent machinery for different industries such as Aerospace, Automotive, Agriculture, Energy, Food, and Life science.
  • Asahi Intecc Co. Ltd. - The company offers robotic system integration solutions under its brand Van Hoecke Automation.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The peripheral guidewires market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Peripheral Guidewires Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the peripheral guidewires market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Peripheral Guidewires Market?

Peripheral Guidewires Market Market segmentation by region

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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.

COVID Impact and Recovery Analysis

The COVID-19 outbreak had slowed down the growth of the regional market in 2020, as the region faced certain challenges regarding the availability of raw materials for manufacturing guidewires. However, lockdown restrictions were lifted in Q4 2020, which led to the resumption of business activities in the region. The initiation of vaccination drives in January 2021 has further improved the scenario. Therefore, the peripheral guidewires market in North America is expected to recover and grow during the forecast period.

What are the Revenue-generating Type Segments in the Peripheral Guidewires Market?

Peripheral Guidewires Market Segmentation

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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 post COVID-19 impact on each segment.

 

Peripheral Guidewires Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.06%

Market growth 2022-2026

$ 195.21 million

Market structure

Fragmented

YoY growth (%)

6.53

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 37%

Key consumer countries

US, Canada, Germany, France, China, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

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.

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.

Customization purview

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What are the Key Data Covered in this Peripheral Guidewires Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive peripheral guidewires market growth during the next five years
  • Precise estimation of the peripheral guidewires market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the peripheral guidewires industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of peripheral guidewires market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Interventional - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Interventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Interventional - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Interventional - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Interventional - Year-over-year growth 2021-2026 (%)
    • 5.4 Diagnostic - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Diagnostic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Diagnostic - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Diagnostic - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Diagnostic - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 Canada - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Abbott Laboratories
              • Exhibit 89: Abbott Laboratories - Overview
              • Exhibit 90: Abbott Laboratories - Business segments
              • Exhibit 91: Abbott Laboratories - Key news
              • Exhibit 92: Abbott Laboratories - Key offerings
              • Exhibit 93: Abbott Laboratories - Segment focus
            • 10.4 Asahi Intecc Co. Ltd.
              • Exhibit 94: Asahi Intecc Co. Ltd. - Overview
              • Exhibit 95: Asahi Intecc Co. Ltd. - Business segments
              • Exhibit 96: Asahi Intecc Co. Ltd. - Key news
              • Exhibit 97: Asahi Intecc Co. Ltd. - Key offerings
              • Exhibit 98: Asahi Intecc Co. Ltd. - Segment focus
            • 10.5 B. Braun SE
              • Exhibit 99: B. Braun SE - Overview
              • Exhibit 100: B. Braun SE - Business segments
              • Exhibit 101: B. Braun SE - Key news
              • Exhibit 102: B. Braun SE - Key offerings
              • Exhibit 103: B. Braun SE - Segment focus
            • 10.6 Becton Dickinson and Co.
              • Exhibit 104: Becton Dickinson and Co. - Overview
              • Exhibit 105: Becton Dickinson and Co. - Business segments
              • Exhibit 106: Becton Dickinson and Co. - Key news
              • Exhibit 107: Becton Dickinson and Co. - Key offerings
              • Exhibit 108: Becton Dickinson and Co. - Segment focus
            • 10.7 Boston Scientific Corp.
              • Exhibit 109: Boston Scientific Corp. - Overview
              • Exhibit 110: Boston Scientific Corp. - Business segments
              • Exhibit 111: Boston Scientific Corp. - Key news
              • Exhibit 112: Boston Scientific Corp. - Key offerings
              • Exhibit 113: Boston Scientific Corp. - Segment focus
            • 10.8 Cardinal Health Inc.
              • Exhibit 114: Cardinal Health Inc. - Overview
              • Exhibit 115: Cardinal Health Inc. - Business segments
              • Exhibit 116: Cardinal Health Inc. - Key news
              • Exhibit 117: Cardinal Health Inc. - Key offerings
              • Exhibit 118: Cardinal Health Inc. - Segment focus
            • 10.9 Cook Group Inc.
              • Exhibit 119: Cook Group Inc. - Overview
              • Exhibit 120: Cook Group Inc. - Product / Service
              • Exhibit 121: Cook Group Inc. - Key offerings
            • 10.10 Medtronic Plc
              • Exhibit 122: Medtronic Plc - Overview
              • Exhibit 123: Medtronic Plc - Business segments
              • Exhibit 124: Medtronic Plc - Key news
              • Exhibit 125: Medtronic Plc - Key offerings
              • Exhibit 126: Medtronic Plc - Segment focus
            • 10.11 Merit Medical Systems Inc.
              • Exhibit 127: Merit Medical Systems Inc. - Overview
              • Exhibit 128: Merit Medical Systems Inc. - Business segments
              • Exhibit 129: Merit Medical Systems Inc. - Key offerings
              • Exhibit 130: Merit Medical Systems Inc. - Segment focus
            • 10.12 Terumo Corp.
              • Exhibit 131: Terumo Corp. - Overview
              • Exhibit 132: Terumo Corp. - Business segments
              • Exhibit 133: Terumo Corp. - Key news
              • Exhibit 134: Terumo Corp. - Key offerings
              • Exhibit 135: Terumo Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 11.5 List of abbreviations
                • Exhibit 142: List of abbreviations
              • generated by emerging segments in healthcare: Growing adoption of healthcare supplies for home-based healthcare, home medical devices, and other advanced application areas such as robotic surgery will aid in the growth of this market.

              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.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
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              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Peripheral Guidewires Market market growth will increase by $195.21 million during 2022-2026.
              The peripheral guidewires market market is expected to grow at a CAGR of 7.06% during 2022-2026.
              Technavio has segmented the peripheral guidewires market market by type (Interventional and Diagnostic) and geography (North America, Europe, Asia, and Rest of World (ROW)).
              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., Terumo Corp. are a few of the key vendors in the peripheral guidewires market market.
              North America will register the highest growth rate of 37% among the other regions. Therefore, the peripheral guidewires market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the peripheral guidewires market market growth are:
              • Increasing demand for MI procedures
              • Advances in guidewire technology
              The peripheral guidewires market market vendors should focus on grabbing business opportunities from the interventional segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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