The global guidewire market is projected to reach USD 764.0 Million by 2022 from USD 582.5 Million in 2016, at a CAGR of 4.8%.

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Top Key Players
In 2016, Boston Scientific (US), Abbott Laboratories (US), Medtronic (Ireland), Terumo Corporation (Japan), and Cook Group (US) held the leading position in the global guidewires market. In the past three years, these companies adopted product developments & commercialization, acquisitions, market expansions, and agreements & collaborations as their key business strategies to ensure market dominance.

The growth witnessed by guidewires is mainly driven by the growing target patient population, continuous product launches by major manufacturers, increasing availability of medical reimbursements for guidewires across developed countries, and rising adoption of minimally invasive surgical procedures across major countries.

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156 pages and in-depth TOC on "Guidewires Market”

This report broadly segments the guidewire market into material, product, application, end user, and region.

Stakeholders
• Original equipment manufacturers (OEMs)
• Product sales and distribution companies
• Healthcare service providers (such as hospitals, diagnostic, and surgical centers)
• Non-government organizations
• Government regulatory authorities
• Research laboratories and academic institutes
• Clinical research organizations (CROs)
• Research and development companies
• Market research and consulting firms

North America is expected to command the largest share of the market in 2017. Factors such as increasing availability of reimbursements for guidewires among developed countries, increasing patient preference for minimally invasive surgical procedures (including atherectomy, thrombectomy, embolectomy, and gastrointestinal endoscopy), and strong market presence of key OEMs (that replicates into easy availability of guidewires) are driving the growth of the North American guidewires market.

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