SAN FRANCISCO, June 27, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled Coronary Guidewires – Global Market Trajectory & Analytics. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geography – Strong/Active/Niche/Trivial
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Edition: 7; Released: January 2022
Executive Pool: 6062
Companies: 42 – Players covered include Abbott Vascular; AMG International; Asahi Intecc Co., Ltd.; B. Braun Melsungen AG; Boston Scientific Corporation; BrosMed Medical Co., Ltd.; Comed BV; Cordis Corporation; EPflex Feinwerktechnik GmbH; GaltNeedleTech; Lepu Medical TechnologyBeijing) Co., Ltd.; Medtronic PLC; Merit Medical Systems, Inc.; Optimed Medizinische Instrumente GmbH; Rontis AG.; SP Medical A/S; Teleflex Inc.; Terumo Medical Corporation and Others.
Coverage: All major geography and key segments
Segments: End-Use (Hospitals, Ambulatory Surgery Centers, Cat Labs); Material (Nitinol-Based, Steel-Based)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of the World.
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Global Coronary Guidewires Market to Reach $1.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Coronary Guidewires estimated at US$996.9 Millionis projected to reach a revised size of US$1.3 Billion by 2026, growing at a CAGR of 4.7% over the analysis period. Nitinol-Based, one of the segments analyzed in the report, is projected to record a 3.9% CAGR and reach US$1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Steel-Based segment is readjusted to a revised 7.5% CAGR for the next 7-year period.
The US Market is Estimated at $310.4 Million in 2021, While China is Forecast to Reach $235.2 Million by 2026
The Coronary Guidewires market in the US is estimated at US$310.4 Million in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US$235.2 Million by the year 2026 trailing a CAGR of 4.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.