Ophthalmic Guidewire Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


#10807

Persistence Market Research

$ 4900

The ophthalmic guidewire is designed to navigate vessels to reach a lesion or vessel segment. Once 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. The ophthalmic guidewire is characterized by their usability, steerability, torque, and opacity. 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 cable to turning by the operator when navigating vessels. Its opacity is its level of visibility under fluoroscopic imaging. The primary functions of the Ophthalmic Guidewire are to access the lesion, to cross the lesion atraumatically, to provide support for interventional devices and the has ability to bend with direct pressure. Ophthalmic guidewire has an ability to follow the wire tip around curves and bends without bucking or kinking, to navigate anatomy of the vasculature. Hydrophobic coatings are silicone based coatings which repel water and are applied on the working length of the wire, except the distal tip. They require no activation by liquids to create a wax-like surface and to achieve the desired effect to reduce friction and increase traceability of the wire. Silicone coating has higher friction, more stable feel inside the vessel.

Global Ophthalmic Guidewire Market: Dynamics

Increased demand for minimally invasive ophthalmic procedures, demand for diagnostic as well as surgical instruments in this particular target application is predicted to drive the ophthalmic guidewire market. The geriatric population base is broadening and is more vulnerable towards developing eye diseases. This is further expected to broaden the base for the ophthalmic guidewire market in the forecast years. New technological advancements in minimally invasive surgeries such as LASIK surgeries, is supposed to be a key driver for the ophthalmic guidewire market. The ophthalmic guidewire assisted surgeries to give better patient outcomes with amplifies recovery rates, rising acceptance towards the ophthalmic guidewire by healthcare professionals and patients. The factors are driving the market of an ophthalmic guidewire.

Global Ophthalmic Guidewire Market: Segmentation

By Material, the Global Ophthalmic Guidewire market can be segmented into,

  • Stainless Steel
  • Nitinol

By End User, the Global Ophthalmic Guidewire market can be segmented into,

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics
  • Ophthalmic Centers
  • Others

By Region, the Global Ophthalmic Guidewire market can be segmented into,

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Ophthalmic Guidewire Market: Region-wise Outlook

Geographically, North America is anticipated to record a high market share of the market during the forecast period in the Ophthalmic Guidewire market owing to the well-developed healthcare infrastructure. Europe is anticipated to be the second leading region in the Ophthalmic Guidewire market attributing to the rising awareness of Ophthalmic Guidewire amongst the individuals, and healthcare professionals have fueled the Ophthalmic Guidewire market. The Asia-Pacific market is expected to record a robust CAGR during the forecast period. This growth can be attributed to the significant contribution from the emerging countries such as China and India. The growth in this region is attributed to the increase in funding for research and development and entry of established players in these regions.

Global Ophthalmic Guidewire Market: Key Players

Currently, the Global Ophthalmic Guidewire market is highly competitive owing to the involvement of many established players. Some of the key players in the Global Ophthalmic Guidewire are Boston Scientific Corp., Abbott Vascular, Terumo Corporation, Vascular Solutions Inc., Volcano, Bard Peripheral Vascular and much more.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.