The Inkwood Research estimates that the Asia Pacific region is the fastest-growing market for vascular guidewires as it provides many lucrative opportunities. The Asia Pacific vascular guidewires market is anticipated to develop at the 5.97% CAGR from 2019 to 2027.

ASIA PACIFIC VASCULAR GUIDEWIRES MARKET FORECAST 2019-2027

Asia Pacific Vascular Guidewires Market by Application (Coronary Guidewires, Peripheral Guidewires, Urological Guidewires, Neurovascular Guidewires) by Coating Type (Coated, Non-coated) by End User (Hospitals, Ambulatory Surgical Centers) by Geography.

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Report Summary

The Inkwood Research estimates that the Asia Pacific region is the fastest-growing market for vascular guidewires as it provides many lucrative opportunities. The Asia Pacific vascular guidewires market is anticipated to develop at the 5.97% CAGR from 2019 to 2027. The developing countries in the region with a large population accompanied by effects of rapid urbanization and modernization showcase opportunistic market for vascular guidewires as incidences of chronic diseases is rising.

The Asia Pacific vascular guidewires market encompasses the developing economies such as China, Japan, South Korea, Australia, India, and Rest of Asia Pacific that is formed by a conglomeration of other Asian Countries. Due to the adoption of western lifestyles and changing dietary habits, the prevalence of chronic diseases is increasing in Asia Pacific countries, thereby providing a market for vascular guidewires. Along with this, the large population, especially the geriatric population, broadens the consumer base of the market. Also, many key players are investing and expanding their business in Japan as the government is taking initiatives to expand treatment devices market. These efforts will propel the growth of the Asia Pacific vascular guidewires market in future.

Despite the vascular guidewires market show bright prospects, it also faces challenges and restraints. The growing complexities involved in manufacturing vascular guidewires and high capital cost requirement pose as a challenge for the manufacturers. Besides, the lack of different innovative products in the market affects the pricing, thereby hindering the growth of vascular guidewires market.

There are numerous firms in the market which supplies and manufactures vascular guidewires along with other medical devices. One of the chief players in the Asia Pacific market is Japan-based Olympus Corporation. The company manufactures and sells endotherapy devices, surgical endoscopes, medical endoscopes, and other products for the medical sector.

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    Table of Contents

    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    3. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • CORONARY GUIDEWIRES ARE THE MAJORLY USED APPLICATION
        • HYDROPHOBIC COATING IS THE FASTEST GROWING COATED TYPE
        • HOSPITALS ARE THE HIGHEST REVENUE GENERATING END USERS
    1. MARKET DYNAMICS
      • MARKET SCOPE & DEFINITION
      • MARKET DRIVERS
        • RISE IN PREVALENCE OF CHRONIC DISEASES
        • INCREASING DEMAND FOR MI PROCEDURES
        • AWARENESS AMONG PATIENTS ABOUT TREATMENT OPTIONS
        • PREVAILING HIGH UNMET MEDICAL NEEDS
      • MARKET RESTRAINTS
        • RISKS ASSOCIATED WITH THE USE OF GUIDEWIRES
        • UNFAVORABLE PREFERENCE FOR DRUGS
        • ISSUE IN LOST GUIDEWIRE RETRIEVAL
      • MARKET OPPORTUNITIES
        • TECHNOLOGICAL ADVANCEMENTS
        • SURGE IN THE ADOPTION OF VASCULAR PROCEDURES
      • MARKET CHALLENGES
        • COMPLEXITIES ASSOCIATED IN THE MANUFACTURING OF VASCULAR GUIDEWIRES
        • PRICING COUPLED WITH PAUCITY OF PRODUCT DIFFERENTIATION
    1. MARKET BY APPLICATION
      • CORONARY GUIDEWIRES
      • PERIPHERAL GUIDEWIRES
      • UROLOGICAL GUIDEWIRES
      • NEUROVASCULAR GUIDEWIRES
    2. MARKET BY COATING TYPE
      • COATED
      • NON-COATED
    3. MARKET BY END USER
      • HOSPITALS
      • AMBULATORY SURGICAL CENTERS
    4. KEY ANALYTICS
      • PORTER’S FIVE FORCES MODEL
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTE PRODUCTS
        • BARGAINING POWER OF BUYER
        • BARGAINING POWER OF SUPPLIER
        • INTENSITY OF COMPETITIVE RIVALRY
      • VALUE CHAIN ANALYSIS
      • REGULATORY FRAMEWORK
      • SUPPLY CHAIN ANALYSIS
      • OPPORTUNITY MATRIX
    5. GEOGRAPHICAL ANALYSIS
      • ASIA PACIFIC
        • JAPAN
        • CHINA
        • INDIA
        • AUSTRALIA
        • SOUTH KOREA
        • REST OF APAC
    1. COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
      • COMPANY PROFILES
        • ABBOTT
        • B BRAUN MELSUNGEN AG
        • BECTON DICKINSON AND COMPANY
        • BIOTRONIK SE & CO. KG
        • BOSTON SCIENTIFIC CORPORATION
        • CARDINAL HEALTH INC.
        • COOK MEDICAL LLC
        • EDWARD LIFESCIENCES
        • GALTNEEDLETECH
        • KONINKLIJKE PHILIPS N.V.
        • MEDTRONIC
        • MERIT MEDICAL SYSTEMS
        • OLYMPUS CORPORATION
        • TERUMO

     

    TABLE LIST

    TABLE 1        ASIA PACIFIC VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    TABLE 2        MAJOR COMPLICATIONS CAUSED BY GUIDEWIRES DURING ENDOVASCULAR OR STENTING PROCEDURES

    TABLE 3        ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY APPLICATION 2019-2027 ($ MILLION)

    TABLE 4        ASIA PACIFIC CORONARY GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    TABLE 5        ASIA PACIFIC PERIPHERAL GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    TABLE 6        ASIA PACIFIC UROLOGICAL GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    TABLE 7        ASIA PACIFIC NEUROVASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    TABLE 8        ASIA PACIFIC COATED MARKET 2019-2027 ($ MILLION)

    TABLE 9        ASIA PACIFIC NON-COATED MARKET 2019-2027 ($ MILLION)

    TABLE 10      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY END USER 2019-2027 ($ MILLION)

    TABLE 11      ASIA PACIFIC HOSPITALS MARKET 2019-2027 ($ MILLION)

    TABLE 12      ASIA PACIFIC AMBULATORY SURGICAL CENTERS MARKET 2019-2027 ($ MILLION)

    TABLE 13      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY COUNTRY 2019-2027 ($ MILLION)

    TABLE 14      JAPAN VASCULAR GUIDEWIRES MARKET BY APPLICATION 2019-2027 ($ MILLION)

    TABLE 15      JAPAN VASCULAR GUIDEWIRES MARKET BY COATING TYPE 2019-2027 ($ MILLION)

    TABLE 16      JAPAN VASCULAR GUIDEWIRES MARKET BY END USER 2019-2027 ($ MILLION)

    TABLE 17      CHINA VASCULAR GUIDEWIRES MARKET BY APPLICATION 2019-2027 ($ MILLION)

    TABLE 18      CHINA VASCULAR GUIDEWIRES MARKET BY COATING TYPE 2019-2027 ($ MILLION)

    TABLE 19      CHINA VASCULAR GUIDEWIRES MARKET BY END USER 2019-2027 ($ MILLION)

    TABLE 20      INDIA VASCULAR GUIDEWIRES MARKET BY APPLICATION 2019-2027 ($ MILLION)

    TABLE 21      INDIA VASCULAR GUIDEWIRES MARKET BY COATING TYPE 2019-2027 ($ MILLION)

    TABLE 22      INDIA VASCULAR GUIDEWIRES MARKET BY END USER 2019-2027 ($ MILLION)

    TABLE 23      AUSTRALIA VASCULAR GUIDEWIRES MARKET BY APPLICATION 2019-2027 ($ MILLION)

    TABLE 24      AUSTRALIA VASCULAR GUIDEWIRES MARKET BY COATING TYPE 2019-2027 ($ MILLION)

    TABLE 25      AUSTRALIA VASCULAR GUIDEWIRES MARKET BY END USER 2019-2027 ($ MILLION)

    TABLE 26      SOUTH KOREA VASCULAR GUIDEWIRES MARKET BY APPLICATION 2019-2027 ($ MILLION)

    TABLE 27      SOUTH KOREA VASCULAR GUIDEWIRES MARKET BY COATING TYPE 2019-2027 ($ MILLION)

    TABLE 28      SOUTH KOREA VASCULAR GUIDEWIRES MARKET BY END USER 2019-2027 ($ MILLION)

    FIGURE LIST

    FIGURE 1      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 2      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET SHARE BY APPLICATION 2018 & 2027 (%)

    FIGURE 3      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY CORONARY GUIDEWIRES 2019-2027 ($ MILLION)

    FIGURE 4      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY PERIPHERAL GUIDEWIRES 2019-2027 ($ MILLION)

    FIGURE 5      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY UROLOGICAL GUIDEWIRES 2019-2027 ($ MILLION)

    FIGURE 6      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY NEUROVASCULAR GUIDEWIRES 2019-2027 ($ MILLION)

    FIGURE 7      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET SHARE BY COATING TYPE 2018 & 2027 (%)

    FIGURE 8      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY COATED 2019-2027 ($ MILLION)

    FIGURE 9      ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY NON-COATED 2019-2027 ($ MILLION)

    FIGURE 10   ASIA PACIFIC VASCULAR GUIDEWIRES MARKET SHARE BY END USER 2018 & 2027 (%)

    FIGURE 11   ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY HOSPITALS 2019-2027 ($ MILLION)

    FIGURE 12   ASIA PACIFIC VASCULAR GUIDEWIRES MARKET BY AMBULATORY SURGICAL CENTERS 2019-2027 ($ MILLION)

    FIGURE 13   PORTER’S FIVE FORCE MODEL

    FIGURE 14   JAPAN VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 15   POPULATION ABOVE 65 YEARS IN JAPAN 2015 & 2050 (%)

    FIGURE 16   CHINA VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 17   INDIA VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 18   POPULATION ABOVE 60 YEARS OF AGE 2015 & 2050 (%)

    FIGURE 19   AUSTRALIA VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 20   SOUTH KOREA VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 21   REST OF APAC VASCULAR GUIDEWIRES MARKET 2019-2027 ($ MILLION)

    FIGURE 22   VASCULAR GUIDEWIRES COMPANY SHARE ANALYSIS 2018 (%)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS
      • ASIA PACIFIC
        • JAPAN
        • CHINA
        • INDIA
        • AUSTRALIA
        • SOUTH KOREA
        • REST OF APAC
    1. MARKET BY APPLICATION
      • CORONARY GUIDEWIRES
      • PERIPHERAL GUIDEWIRES
      • UROLOGICAL GUIDEWIRES
      • NEUROVASCULAR GUIDEWIRES
    2. MARKET BY COATING TYPE
      • COATED
      • NON-COATED
    3. MARKET BY END USER
      • HOSPITALS
      • AMBULATORY SURGICAL CENTERS

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