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Global Medical Guide Wire market
XYZ-Lab 2020/12/04

The global Medical Guide Wire market was valued at 1022.41 Million USD in 2017 and will reach 1437.07 Million USD by the end of 2022, growing at a CAGR of 6.9% during 2016-2022.

A guidewire is a long and flexible spring that assists the introduction and placement of implantable medical devices into a patient's body.

The classification of Medical Guide Wire includes Angled, J Shape and Straight, and the revenue proportion of Angled in 2016 was about 79.3%.

Medical Guide Wire can be used for Peripheral Arterial Diseases, Cardiovascular Diseases. The most proportion of Medical Guide Wire was Cardiovascular Diseases, and the sales proportion was about 60% in 2016.

Global giant manufactures mainly distributed in Japan and USA. The manufacturers in Japan have a long history and unshakable status in this field. Manufacturers such as Terumo Medical and Asahi have relative higher level of product’s quality. As to United States, Abbott Vascular has become as a global leader through its own business and acquisition. In Europe, TE Connectivity acquired AdvancedCath and definitive agreement to acquire Creganna, thus leads the technology development. Most of Chinese manufactures are not professional producers that make their products have lower market recognition, even in China domestic market.

The key consumption markets locate at developed countries. The North America took the market share of 31%, followed by Europe with 25.5%. China’s consumption market had a quicker growing speed of CAGR 7.8% between 2012 and 2016.


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