Coronary Wires Market Analysis & Forecast 2024-2030

Coronary Wires Market by Product Type (Steel-based, Nitinol-based) by Application (Hospitals, Clinics) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 7050          Category: Medical Devices          Region :  Global         Report Format :                  

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     Table of Contents

    Global Coronary Wires Market is expected to reach USD 1414.23 million by 2030 with CAGR of 6.2% between 2024 and 2030

    Coronary Guidewires are the tiny guide wires which are designed to navigate vessels to reach a lesion or vessel segment. As the tip of the device arrives at its destination, it acts as a guide that larger catheters can rapidly follow for easier delivery to the treatment site. Coronary Guidewires are distinguished by their steerability, pushability, opacity and torque. Pushability is the amount of force needed to advance the wire. Steerability is the ability and responsiveness of the wire tip to navigate vessels.  

    Torque is the response of the wire to turning by the operator when navigating vessels. Its opacity is its level of visibility under fluoroscopic imaging. Coronary Guidewires are usually of moderate support and must offer security, 1:1 torque and good memory and durability of the tip, without breaks, and with a low to medium tip load. Coronary Guidewires are designed to provide more support in cases of tortuous anatomy and distal lesions. Among their features is a soft tip, otherwise there would be a risk of complications given the high support, and the absence of elastic recoil.  

    Coronary Wires Market

    The Coronary Guidewires Market is projected to make a remarkable growth in the forecasted period. The Major factor behind the growth of the Coronary Guidewires Market is the increasing number of patients suffering from atherosclerosis and coronary artery disease. The lifestyle today being followed by people is the major reason of the increasing heart related problems. The Lifestyle behaviours like smoking, unhealthy diet, and physical inactivity are the factors which are leading to the increasing heart related issues. The increasing heart related issues are resulting in increase in the demand for the Coronary Guidewires. The Rising expenditure of the patients is playing an important role in increasing the competition of in manufacturing of medical industry related products, which is increasing the production of Coronary Guidewires as well. . The other major factor of growth in Coronary Guidewires Market is increase in population. As the population is increasing, the patients of heart related diseases are increasing, which is increasing the demand for Coronary Guidewires. Rising awareness about the Coronary Guidewires will act as another driving factor to the market.  

    The study covers a detailed analysis, growth and forecast of the Coronary Wires Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated. The study includes market value in terms of revenue in million USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030. The market is expected to show constant growth between 2024 to 2030.  

    The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Coronary Wires Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study Coronary Wires Market helps users to make precise decision to expand their market presence and increase market share.  

    The report provides Coronary Wires Market Dynamics, includes industry growth drivers, challenges, opportunities, risk, constraints as well as threats. Report also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Coronary Wires Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.  

    Global Coronary Wires Market: Product Type

    • Steel-based
    • Nitinol-based

    Global Coronary Wires Market :Application

    • Hospitals
    • Clinics
    • Others

    Global Coronary Wires Market: Competitive Analysis

    Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Coronary Wires Market:

    • Astellas Pharma
    • Abbott Vascular
    • Boston Scientific
    • Cordis, Medtronic
    • Terumo Medical
    • AMG
    • B. Braun
    • BrosMed Medical
    • Comed
    • EPflex
    • GaltNeedleTech
    • Merit
    • Optimed Medizinische Instrumente
    • Teleflex

    Geographical analysis of Global Coronary Wires Market:

    • North America
      • U.S.A
      • Canada
    • Europe
      • France
      • Germany
      • Spain
      • UK
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South East Asia
    • Latin America
      • Brazil
    • Middle East and Africa

    Global Coronary Wires Market Report delivers a comprehensive analysis of the following parameters:

    • Market Forecast for 2024-2030
    • Market growth drivers
    • Challenges and Opportunities
    • Emerging and Current market trends
    • Market player Capacity, Production, Revenue (Value)
    • Supply (Production), Consumption, Export, Import analysis
    • End user/application Analysis

    Report Coverage

    Parameters Details

    Base Year


    Historical Data


    Forecast Data


    Base Year Value (2023)

    USD 928.22 million

    Forecast Value (2030)

    USD 1414.23 million

    CAGR (2022 to 2028)

    6.2 %

    Regional Scope

    North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW

    Frequently Asked Questions (FAQ)

    Coronary Wires Market was valued at around USD 928.22 million in 2023 & estimated to reach USD 1414.23 million by 2030.

    Coronary Wires Market is likely to grow at compounded annual growth rate (CAGR) of 6.2% between 2024 to 2030.

    Yes, the report includes COVID 19 impact on the market.

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