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Pulished Date April, 2021
ID: 6681
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APAC Vascular Guidewires Market Research Report – Segmented By Product, Coating Type, End-User and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis on Size, Share, Trends COVID-19 Impact and Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 6681
Pages: 145

APAC Vascular Guidewires Market Size (2021 to 2026)

The size of the Vascular Guidewires Market in the Asia Pacific is estimated to hike at a brisk pace from 2021 to 2026.

The Asia Pacific Vascular guidewires market is being propelled by factors such as a rise in the incidence of coronary diseases, an increase in the elderly population, a high demand for less invasive treatments, and technical advances in guidewires. Coronary guidewires are specialized devices used to introduce and place balloon catheters and other devices into the coronary system during angioplasty operations. With the growing number of individuals suffering from heart disease, new devices are being developed all the time to give doctors and patients the greatest surgical experience possible. In addition, endoscopic methods are being used by physicians to see and remove lesions that were traditionally treated with big, open operations, which are driving the need for guidewires in the region. Government-implemented favorable medical reimbursement policies are projected to provide substantial possibilities for market expansion throughout the forecast period. In this region, strict reimbursement rules are anticipated to promote the use of guidewires in cardiac surgical operations, which would eventually boost the market for coronary guidewires.

As the government steps to grow the treatment device market, several important firms are investing and expanding their businesses in Japan. These initiatives will help the Asia Pacific vascular guidewires market to develop in the future. As a result, the use of nitinol in vascular guidewires is becoming more common. During the forecast period, the market is likely to benefit from many growth prospects in the Asia Pacific. Due to the fast rise in medical tourism, the advent of automated IVF processes, and the progressive move toward minimally invasive or non-invasive IVF treatments in the area, the market in the Asia Pacific is expected to grow. With manufacturers focusing on developing technologically improved guidewires and the growing death rate from heart diseases, it is expected that demand for coronary guidewires will increase in the future, and the market will expand rapidly.

The lack of a variety of new products on the market impacts price, restricting the expansion of the vascular guidewires industry. The APAC vascular guidewires market is being hampered by the availability of efficient conventional therapeutic options. Manufacturers are challenged as the complexity of producing vascular guidewires expands, as does the high capital cost needed.

This research report on the APAC vascular guidewires market has been segmented and sub-segmented into the following categories.

By Product

  • Coronary Guidewires
  • Peripheral Guidewires

By Coating Type

  • Coated
    • Hydrophobic Coatings
    • Non-Hydrophobic Coatings
  • Non-Coated

By End-User

  • Hospitals
  • Ambulatory Surgical Centers

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Based on geography, The Asia-Pacific market is anticipated to expand at the fastest CAGR during the forecast period, owing to a high incidence of chronic illnesses and an increase in mortality rate, owing to individuals adopting a western lifestyle and changing their eating habits. Furthermore, a large population base, rising disposable income, the prevalence of unmet medical requirements, and an increase in medical tourism in the area all contribute to the growth of the vascular guidewires market. In addition, increased reimbursements for guidewires in this region and an increase in patient desire for less invasive surgical treatments are driving guidewire demand growth in the area. Due to rising healthcare expenditure and increased measures in Asia Pacific nations to promote guidewires during minimally invasive operations, the Asia Pacific region is projected to develop in the coming years.

KEY MARKET PLAYERS:

Major manufacturers dominating the Asia pacific vascular guidewires market are Abbott Laboratories, Terumo Corporation, B. Braun Melsungen AG, Medtronic plc, Biotronik SE & Co. KG, Cook Medical, Inc., Boston Scientific Corporation, Cardinal Health, Inc., C. R. Bard, Inc., and The Spectranetics Corporation.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Coronary guidewires          

                                5.1.3 Peripheral guidewires        

                                5.1.4  Y-o-Y Growth Analysis, By Product              

                                5.1.5  Market Attractiveness Analysis, By Product            

                                5.1.6  Market Share Analysis, By Product              

                5.2 Coating Type                              

                                5.2.1 Introduction           

                                5.2.2 Coated      

                                                5.2.2.1 Hydrophobic coating

                                                5.2.2.2 Hydrophylic coating

                                5.2.3 Non coated             

                                5.2.4 Y-o-Y Growth Analysis, By Coating Type     

                                5.2.5 Market Attractiveness Analysis, By Coating Type   

                                5.2.6 Market Share Analysis, By Coating Type     

                5.3 End users                    

                                5.3.1 Introduction           

                                5.3.2 Hospitals  

                                5.3.3 Ambulatory Service Centers            

                                5.3.4 Y-o-Y Growth Analysis, By End user              

                                5.3.5  Market Attractiveness Analysis, By End user           

                                5.3.6  Market Share Analysis, By End user            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Coating Type

                                                6.1.3.4 By End user

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Coating Type

                                                6.1.4.4 By End user

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Coating Type

                                                6.1.5.4 By End user

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Abbott Laboratories                               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 B. Braun Melsungen AG                        

                8.3 Biotronik SE & Co. KG                             

                8.4 Boston Scientific Corporation                             

                8.5  C. R. Bard, Inc                           

                8.6 Cardinal Health                         

                8.7 Cook Medical, Inc.                   

                8.8 Terumo Corporation                               

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Vascular Guidewires Market, By Product, From 2021 to 2026 (USD Million)
  2. Asia Pacific Blood Glucose Monitoring Market, By Region, From 2021 to 2026 (USD Million)
  3. Asia Pacific Peripheral Market, By Region, From 2021 to 2026 (USD Million)
  4. Asia Pacific Vascular Guidewires Market, By Coating Type, From 2021 to 2026 (USD Million)
  5. Asia Pacific Coated Market, By Region, From 2021 to 2026 (USD Million)
  6. Asia Pacific Non-coated Market, By Region, From 2021 to 2026 (USD Million)
  7. Asia Pacific Vascular Guidewires Market, By End user, From 2021 to 2026 (USD Million)
  8. Asia Pacific Hospitals Market, By Region, From 2021 to 2026 (USD Million)
  9. Asia Pacific Ambulatory Surgical Centers Market, By Region, From 2021 to 2026 (USD Million)
  10. Japan Vascular Guidewires Market, By Product, From 2021 to 2026 (USD Million)
  11. Japan Vascular Guidewires Market, By Coating Type, From 2021 to 2026 (USD Million)
  12. Japan Vascular Guidewires Market, By End user, From 2021 to 2026 (USD Million)
  13. China Vascular Guidewires Market, By Product, From 2021 to 2026 (USD Million)
  14. China Vascular Guidewires Market, By Coating Type, From 2021 to 2026 (USD Million)
  15. China Vascular Guidewires Market, By End user, From 2021 to 2026 (USD Million)
  16. India Vascular Guidewires Market, By Product, From 2021 to 2026 (USD Million)
  17. India Vascular Guidewires Market, By Coating Type, From 2021 to 2026 (USD Million)
  18. India Vascular Guidewires Market, By End user, From 2021 to 2026 (USD Million)
  19. Australia Vascular Guidewires Market, By Product, From 2021 to 2026 (USD Million)
  20. Australia Vascular Guidewires Market, By Coating Type, From 2021 to 2026 (USD Million)
  21. Australia Vascular Guidewires Market, By End user, From 2021 to 2026 (USD Million)
  22. South Korea Vascular Guidewires Market, By Product, From 2021 to 2026 (USD Million)
  23. South Korea Vascular Guidewires Market, By Coating Type, From 2021 to 2026 (USD Million)
  24. South Korea Vascular Guidewires Market, By End user, From 2021 to 2026 (USD Million)
  25. Asia Pacific Coated Market, By Coated, From 2021 to 2026 (USD Million)
  26. Asia Pacific Hydrophobic Market, By Region, From 2021 to 2026 (USD Million)
  27. Asia Pacific Hydrophyllic Market, By Region, From 2021 to 2026 (USD Million)
  28. Japan Coated Market, By Coated, From 2021 to 2026 (USD Million)
  29. China Coated Market, By Coated, From 2021 to 2026 (USD Million)
  30. India Coated Market, By Coated, From 2021 to 2026 (USD Million)
  31. Australia Coated Market, By Coated, From 2021 to 2026 (USD Million)

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