NEW YORK , Oct. 7, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The Global Guidewires Market size is estimated to grow by USD 807 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 6.
1% during the forecast period. Prevalence of chronic disorders is driving market growth, with a trend towards growing demand for Nitinol-based guidewires. However, difficulty in retrieval of lost guidewires poses a challenge - Key market players include Abbott Laboratories, Amecath, AngioDynamics Inc.
, Asahi Intecc Co. Ltd., B.
Braun SE, Becton Dickinson and Co., BIOTRONIK SE and Co. KG, Boston Scientific Corp.
, Cardinal Health Inc., Cook Group Inc., Cryolife Inc.
, Lepu Medical Technology Beijing Co. Ltd., Medtronic PLC, Merit Medical Systems Inc.
, Rocamed, Rontis Corp. SA, Stryker Corp., Teleflex Inc.
, and Terumo Corp.. Key insights into market evolution with AI-powered analysis.
Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver Guidewires are essential components in various medical procedures, particularly in urology and cardiovascular surgery. Nitinol, a nickel-titanium alloy , has emerged as a popular material for guidewires due to its unique properties. Nitinol undergoes phase transformation when exposed to temperature changes, external forces, and mechanical loading, allowing manufacturers to achieve desirable characteristics.
Nitinol guidewires offer superior biocompatibi.