Boston, MA -- (SBWIRE) -- 09/28/2016 -- 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.

Technavio's 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).

Get More Details on this Report and a Full Table of Contents at Global Vascular Guidewires Market 2016-2020

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

-Americas
-APAC
-EMEA

Technavio's 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

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Abbott Vascular, Boston Scientific, Cordis, Medtronic, Terumo, Asahi Intecc, B. Braun Melsungen, Biotronik, BrosMed Medical, CR Bard, GaltNeedleTech, Gore Medical, JOTEC, Lepu Medical Technology, Merit Medical Systems, OptiMed, Volcano.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Medical Devices research reports at Fast Market Research

You may also be interested in these related reports:

-BRIC Peripheral Vascular Devices Market Outlook to 2021
-Asia-Pacific Peripheral Vascular Devices Market Outlook to 2021
-North America Peripheral Vascular Devices Market Outlook to 2021
-EU5 Peripheral Vascular Devices Market Outlook to 2021
-Brazil Peripheral Vascular Devices Market Outlook to 2021