Vascular Guidewires Market Share, Size, Trends and Forecasts to 2020

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Date Submitted: 09/20/2016 03:28 AM

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Technavio Announces the Publication of its Research Report Global Vascular Guidewires Market 2016-2020

Technavio recognizes the following companies as the key players in the global vascular guidewires market: Abbott Vascular, Boston Scientific, Cordis, Medtronic, and Terumo.

Other Prominent Vendors in the market are: Asahi Intecc, B. Braun Melsungen, Biotronik, BrosMed Medical, CR Bard, GaltNeedleTech, Gore Medical, JOTEC, Lepu Medical Technology, Merit Medical Systems, OptiMed and Volcano.

Browse full report with TOC@ https://marketreportscenter.com/reports/388358/global-vascular-guidewires-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Innovations in technology will be a key trend for market growth. The interventional vascular segment has been witnessing a drastic change with respect to new enhancement in design, feature, and maneuverability of guidewires used in the vascular stenting procedures. This has a significant impact on the vascular guidewires market. For instance, Cardiovascular Systems recently got the US FDA approval for its ViperWire Advance peripheral guidewire in 2015. This guidewire provides improved navigation and flexibility and ease-of-use to arteries that are hard to reach. Most key vendors are developing new technologies to fulfil the unmet medical needs in vascular interventional procedures.”

According to the report, one of the key drivers for market growth will be rise in adoption of vascular procedures. The rise in volume of vascular intervention procedures has led to an increase in demand for vascular guidewires. The guidewires form the first line support and are the most integral part of a procedure. Guidewires help in guiding, coordinating, navigating, and monitoring the catheterization or stenting devices targeted on the specific site. The rise in vascular disorders has led to an increased sales of access devices in treating cardiac and peripheral disorders.

Further, the report...