Global Guidewires Market to Reach Worth Usd 2.9 Bn by 2023: Credence Research

Global Guidewires Market To Reach Worth USD 2.9 Bn

By 2023: Credence Research

According to the latest report published by Credence Research, Inc. “Guidewires:Market Growth, Future

Prospects and Competitive Analysis, 2016-2023,” the global guidewires market was valued at USD 1,840.3

Mn in 2015, and is expected to reach USD 2,912.6 Mn by 2023, expanding at a CAGR of 5.9% from 2016

to 2023.

Browse the full report Guidewires:Market Growth, Future Prospects and Competitive Analysis, 20162023report at http://www.credenceresearch.com/report/guidewires-market

Market Insights

Growing demand for minimally invasive surgical procedures for targeted treatments is expected to drive

demand for guidewires in the global markets. Minimally invasive procedures are rapidly taking over

conventional open surgeries due to offered benefit such as quick procedural time, lesser risk of infections,

less blood loss, rapid recovery time and cost efficiency. Due to these benefits, minimally invasive

procedures are being increasingly adopted for treating chronic conditions, particularly in geriatric patient

group. The prevalence of coronary and peripheral occlusions is significantly high in senescent population.

Cardiovascular diseases are highly prevalent across all the geographiesand is a prime cause of mortality

in the world. Sedentary lifestyle, augmented longevity and other occupational and lifestyle hazards are

the chief contributors for the growing in incidence of

CVDs, which as a result has contributed to growth in demand for minimally invasive CVD treatments that

use guidewires for precise navigation.

Browse All Reports of This Category @ http://www.credenceresearch.com/report/guidewires-market

Based on product types, the global guidewires market is categorized onto coronary, neurovascular,

urological and peripheral guidewires. Coronary guidewires is currently the largest product segment and is

expected to further progress at a steady growth rate thus...