Albany, NY -- (SBWIRE) -- 09/20/2016 -- Vascular guidewires are used in interventional procedures in guiding the catheters to target specific site for treatment. The growing older population is a major contributor to the growth of the market. WHO estimates that about two billion people will be aged 60 and above by 2050. The older adult population is susceptible to chronic diseases, and thus requires frequent care at healthcare facilities. The percutaneous transluminal coronary angioplasty (PTCA) is the most widely used procedure in which guidewires are extensively used followed by angioplasty.

Technavios analysts forecast the global vascular guidewires market to grow at a CAGR of 5.71% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global vascular guidewires market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of vascular guidewires to hospitals and ambulatory surgical centers (ASCs).

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The market is divided into the following segments based on geography:

Americas
APAC
EMEA

New report, Global Vascular Guidewires Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Abbott Vascular
Boston Scientific
Cordis
Medtronic
Terumo

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Other prominent vendors

Asahi Intecc
B. Braun Melsungen
Biotronik
BrosMed Medical
CR Bard
GaltNeedleTech
Gore Medical
JOTEC
Lepu Medical Technology
Merit Medical Systems
OptiMed
Volcano

Market driver

Growing demand for MI procedures
For a full, detailed list, view our report

Market challenge

Complications and risks associated with guidewires
For a full, detailed list, view our report

Market trend

Rise in demand for soft-tapered and non-tapered guidewires
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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