Guidewires are flexible and thin tubes that guide a caterer for placement in the diseased organ. Guidewires are used to open the target vessels, cross lesions and provide definitive interventional therapy to patients. Guidewires are the crucial components of vascular invasive surgeries due to its capacity of rendering precise and effective results.
Regional segmentation of the global Guidewires Market by Coherent Market Insights comprises North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. According to Centre for Disease Control and Prevention in 2016, approximately 8.5 million people in the U.S. have peripheral artery disease and is expected to reach 19 million by 2050.
Leading Companies in the Guidewires Industry:
1) Terumo Corporation
Terumo Corporation was founded on September 17, 1991. It is a medical equipment industry located in Japan. Its headquarters are located in Hatagaya, Shubiya-ku Tokyo. The first ever product manufactured by the company was ‘Jintan Taionkei’. It was the first ever Japanese-made thermometer. The company also has various subsidiaries in Europe, China, South America, India, Thailand, Australia and India.
As of February 2021, the company has signed a definitive agreement to acquire all assets of Health Outcomes Sciences, Inc.
2) Medtronic
Medtronic plc. Is a medical device industry based in America. The company was founded in the year 1949 in Minneapolis by Earl Bakken. The headquarters are located Dublin, Ireland. Medtronic operates in more than 150 countries. Medtronic develops and manufactures healthcare technologies and therapies.
In January 2022 the company acquired Affera, Inc. In April 2022, the company announced its collaboration with GE Healthcare to support the need and care demands at Ambulatory Surgery Centers.
3) B. Braun Melsungen
B. Braun is a medical and pharmaceutical device company. The company was founded in the year 1839 and the headquarters are located in Melsungen, Germany. B. Braun has more than 500 different healthcare products out of which 95% have been manufactured by the company. The company was founded by Julius Wilhelm Braun.
As of Septmeber 2021, the company announced that it had acquired the minority interest of the cofounders Jean-Philippe Gentes and Bertrand Bolduc in Sterinova Inc.
4) Abbott Laboratories
Abbott Laboratories is a medical device and health care company based in America. It was founded in the year 1888 by Wallace Calvin Abbott. The headquarters are located in Abbott Park, Illinois, U.S. The company sells medical devices, branded generic medicines and nutritional products. Abbott’s products include MitraClip, FreeStyle Libre, Pedialyte, Ensure.
In January 2022, the company introduced Lingo, which is a line of consumer bio wearable sensors known to collect a range of biological reading to optimize exercise and nutrition regimens.
5) Boston Scientific Corporation
Boston Scientific Corporation is a biotechnology engineering firm founded in June 29, 1979 in Watertown, Massachusetts. It manufactures medical devices that are usually used in interventional medical specialties. The corporation is immensely known for developing the Taxus Stent, which is a type of drug used to open clogged arteries.
John Abele and Peter Nicholas found the Boston Scientific Corporation. Its headquarters are located in Marlborough, Massachusetts.
In June 2022, the company acquired M.I. Tech Co., Ltd, for around U.S$ 230 million. In August 2022, the company acquired Obsidio, Inc.
6) C.R. Bard, Inc.
C.R. Bard, Inc. was a developer, manufacturer, and marketer of medical technologies in the vascular medicine, urology, oncology, and surgical specialty fields. C. R. Bard marketed its products and services worldwide to hospitals, individual health care professionals, extended care facilities, and alternate site facilities. The company was founded in the year 1907, and the headquarters are located in New Jersey, U.S. In April 2017, the company announced it would be acquired by Becton, Dickinson and Company.
7) Cordis
Cordis is a company that develops and manufactures medical devices for diagnostics and interventional procedures to treat patients with coronary and peripheral vascular diseases. The company currently operates in North America, Europe, the Middle East, Africa, Asia-Pacific, and Latin America markets. Cordis was founded in the year 1957, and the headquarters are located in Santa Carla, California, U.S.
