Hi, what are you looking for?

The Global urology guide wires market was valued at USD 504.0 million in 2021 and it is predicted to reach USD 825.72 million by 2030, rising at a compound annual growth rate (CAGR) of 6.37 % from 2022 to 2030.

The rising frequency of urological disorders such as UTIs, kidney and ureteral stones; the rising desire for minimally invasive operations; and the growing elderly population in the Asia Pacific region, particularly in countries such as Japan, India, and China, are driving the market’s expansion.

 The need for minimally invasive surgery (MIS) has increased during the last decade. Novel diagnostic techniques and less invasive therapies for prostate, kidney, and bladder cancers, as well as a wide spectrum of urologic disorders, are becoming more commonly employed in 2021, according to The Mount Sinai Hospital.

Manufacturers’ research results (Ethicon Endo-Surgery, Inc.) suggest that minimally invasive surgeries are rapidly replacing invasive surgeries due to factors such as higher patient satisfaction due to fewer incision wounds, involve a smaller number of hospital stays and thus are more economically viable, and involve fewer postsurgical complications and lower mortality rates. Because guidewires are utilised in minimally invasive treatments, the market is likely to grow over the forecast period as the demand for these operations grows.

Get Sample Report + All Related Graphs & Charts @ https://www.datalabforecast.com/request-sample/388956-urology-guidewires-market

Get market information, tables, and figures extent in-depth TOC on Urology Guide wires Market By Material (Nitinol, Stainless Steel, Hybrid), By Tip Shape (Straight Tip, Angled Tip),By Application(Coronary Guide wires, Peripheral Guide wires, others) By End-User (Hospitals, Ambulatory Surgical Centres, Research Laboratories),By Diameter, By Length and Regional Analysis, 2022-2030

The global urology guide wires market is segmented based on material. tip shape, application, end-users, diameter and length and region.

Nitinol based guide wires market dominated the market due to enhanced procedural outcomes of Nitinol as compared to the guide wires composed of other materials. Nitinol-based guidewires have a number of benefits, including corrosion resistance, enhanced durability, and increased flexibility. The growing use of nitinol guidewires in medical operations can also be attributed to the segment’s growth.

Stainless steel is a popular raw material because of its strong corrosion resistance and antibacterial, non-magnetic, and non-staining features. The core of the wire, which continues through the shaft and travels the full length of the wire, is made of stainless steel, which is predicted to promote sector growth.

The straight tip category led the market, accounting for roughly 43 % of total revenue. Healthcare experts favour straight tips for urological surgeries because they have flexible tips, unlike other needle kinds. With a straight tip, the danger of blood vessel trauma is quite low. The guidewire’s proximal flexible tip has a bent tip at the distal end, which gives it even more flexibility and protects the vessel during insertion. As a result, sales of these guidewires are likely to rise in the market.

In 2021, the J-shaped  tip segment had the second-largest market share. In comparison to other tips, the J-shaped tip provides better flexibility and protection for the vessel during insertion. Furthermore, despite extremely tight flexion angles, J-shaped guidewires passed through effortlessly without striking anything, allowing insertion along the main pancreatic duct without any unintended branch insertion.

From 2022 to 2030, the market for coronary guidewires is predicted to increase at a notable CAGR. The need for percutaneous coronary intervention operations is predicted to rise as the number of patients with chronic diseases grows. According to the American Heart Association (AHA) figures on heart disease and stroke in 2020, more than 90 million people in the United States alone would suffer from coronary heart disease. The need for percutaneous coronary intervention operations will rise as the number of patients suffering from coronary artery disease continues to rise. As a result, the rate of guidewire adoption during percutaneous coronary intervention procedures will rise.

In 2021, the hospital and clinic category led the market. The rise of this area is mostly owing to an increase in the number of patients with various urological disorders, which has been aided by surgical therapies. Because of the ease of handling any crises that may arise during surgical procedures and the availability of a wide range of treatment options, hospitals receive a far higher influx of patients for urological surgeries or other treatments than other healthcare settings. As a result, the aforementioned variables are anticipated to drive the hospital segment.

In 2021, the 0.035-inch guidewire category generated USD 447.5 million in market revenue. The 0.035-inch wires have a variety of uses, including improving torque, rail support, and the capacity to straighten twisted vessels in visceral procedures. Furthermore, these guidewires provide the optimum balance of endurance, device support, and ability to reach target lesions.

The 300cm guide wires are flexible, provide the desired stability, and are resistant to externalisation. The wire also produces a wire loop by supporting and sustaining the percutaneous coronary interventions (PCI) associated devices and provides additional support for chronic total occlusion (CTO). As a result, the benefits associated with 300 cm guidewires are expected to promote market growth throughout the projection period. In addition, the growing need for minimally invasive procedures among the senior population will drive up product demand.

Enquire before purchasing this report @ https://www.datalabforecast.com/request-enquiry/388956-urology-guidewires-market

On the basis of geography, the global urology guide wires market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The market was dominated by North America, and this trend is expected to continue in the foreseeable future. The need for guidewires for endourological treatments is being driven by the increased incidence of Chronic Kidney Diseases (CKD) and the ageing population in industrialised economies. In the foreseeable future, this is expected to promote growth. Technology developments in minimally invasive procedures are primarily responsible for market growth in developed regions. The overall increase in demand for these devices is expected to be stifled by rising price pressures and decreasing reimbursement, particularly in developed nations such as Europe and North America.

By Key Competitors and Market Share Analysis:

With the increased demand for urological guidewires, global manufacturers are accelerating and improving their production processes with cost-effective solutions. Integer Holdings Corporation, for example, announced plans to expand its presence in Ireland’s Galway by developing a new manufacturing plant and medical device invention in the Parkmore East district in September 2021. This cutting-edge facility is required to meet the growing demand for regional development, manufacturing capabilities, research, and delivery system capacity, all of which are expected to fuel market expansion.

The following are some of the major market players operating across the globe:

Get More Info @ https://www.datalabforecast.com/industry-report/388956-urology-guidewires-market/

This report can be customized to meet the client’s requirements. Please connect with our sales team ([email protected] ), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1 917-725-5253 to share your research requirements.

Contact: Henry K Data Lab Forecast 86 Van Wagenen Avenue, Jersey, New Jersey 07306, United States Phone: +1 917-725-5253 Email: [email protected] Website: https://www.datalabforecast.com

Content creators appear to be the key players in the future of brand marketing, according to a new survey.

We’re pretty used to absurd claims from China, but this one is so utterly unrealistic it’s almost unique.

Thousands have fled conflict between the Taliban and fighters loyal to Mahdi Mujahid, the group's former intelligence chief for Bamiyan - Copyright AFP Ahmad...

Asian markets rose following a third straight rally on Wall Street, as below-par US data eased expectations for interest rate hikes.

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.