Report Code: A14849 | Pages: NA | Mar 2023 | 706 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Therapeutic Medical Guidewire Market
Request Now !The guidewire is medical devices used in surgical procedures such as surgical cardiology, surgical radiology, gastroenterology, vascular surgery, and much more. They are made of stainless-steel structures, which are used to direct the placement of the pipe.
Therapeutic medical guidewire is used for treating diseases such as neurovascular, peripheral artery, urological and cardiovascular. The guidewire is used to guide larger catheters to increase easier delivery of the treatment site. The guidewire has two types wrapped guide wire and solid guidewire and can be J-shaped, angled or straight depending on the type of surgery as well as type of disease.
Market Scope and Structure Analysis
Report Metric | Details |
Market size available for years | 2020-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast units | Value (USD) |
Segments covered | Type, Shape, Application, End User, and Region |
Impact of COVID-19 on Therapeutic Medical Guidewire Market
There has been an increase in the demand for medical supplies to take care of the infected population. Respiratory support devices such as atomizers, life-support machines, oxygen generators, and monitors are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. There is an increase in the need for medical supplies, both from healthcare professionals and the civil population for precautionary measures, owing to the rise in the number of COVID-19 cases worldwide.
Manufacturers of these products have a chance to capitalize increased demand for medical supplies to ensure an adequate and continuous supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the therapeutic medical guidewire market.
COVID-19 has a huge impact on the therapeutic medical guidewire market because of government restrictions on the manufacturing as well as the huge excise duty that is involved in the transportation of the guidewire.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Market Trends
Terumo introduced a new AZUR Vascular Plug and PG Pro Peripheral Microcatheter Embolization System on July 14, 2021, which is a next-generation technology and can treat large and more difficult vessels through smaller delivery options.
Terumo Acquired Quirem Medical to enhance its interventional Oncology field on July 15, 2020. This acquisition will develop next-generation microspheres for Selective Internal Radiation Therapy (SIRT) for the treatment of liver tumors.
Key Benefits of the Report
Questions Answered in the Therapeutic Medical Guidewire Report
Therapeutic Medical Guidewire Market Report Highlights
Aspects | Details |
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Key Market Players | Teleflex Incorporated.,, Cardinal Health, Inc.,, Boston Scientific Corporation.,, AngioDynamics, Inc.,, Infiniti Medical.,, BIOTRONIK SE & Co KG.,, Terumo Medical Corporation, B. Braun Melsungen AG, SP Medical A/S., Amneal Pharmaceuticals, Inc., Stryker Corporation. |
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