Europe Guidewires Market Size & Outlook, 2023-2030
Europe guidewires market, 2018-2030 (US$M)
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Europe guidewires market highlights
- The Europe guidewires market generated a revenue of USD 673.6 million in 2023.
- The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, coronary guidewires was the largest revenue generating product in 2023.
- Neurovascular guidewires is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 673.6 million |
| Market revenue in 2030 | USD 956.0 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Coronary guidewires |
| Fastest growing segment | Neurovascular guidewires |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Coronary guidewires, Peripheral guidewires, Urology guidewires, Neurovascular guidewires |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, COOK, B. Braun, Terumo Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, BD |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.1% of the global guidewires market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 982.7 million by 2030.
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Guidewires Market Scope
Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe guidewires market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to guidewires market will help companies and investors design strategic landscapes.
Coronary guidewires was the largest segment with a revenue share of 43.33% in 2023. Horizon Databook has segmented the Europe guidewires market based on coronary guidewires, peripheral guidewires, urology guidewires, neurovascular guidewires covering the revenue growth of each sub-segment from 2018 to 2030.
According to the European Heart Network (EHN), in 2018, cardiovascular diseases accounted for 45% of total deaths in Europe and 37% of deaths in the EU. In Europe, Coronary Arterial Disease (CAD) is one of the major causes of death. Deaths due to Coronary Heart Disease (CHD) are comparatively higher in Eastern and Central Europe than in other parts of Europe.
Minimally invasive techniques, such as interventional cardiology, involve the use of catheters & guidewires for the treatment of CADs. Percutaneous Transluminal Coronary Angioplasty (PTCA) is the most commonly followed interventional cardiology procedure, which is performed for the management of coronary atherosclerosis.
Interventional & diagnostic guidewires have application in these surgical procedures. Hence, rising cases of cardiovascular disorders and growing demand for minimally invasive techniques are driving market growth in this region.
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Our clientele includes a mix of guidewires market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe guidewires market , including forecasts for subscribers. This continent databook contains high-level insights into Europe guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe guidewires market size, by country, 2018-2030 (US$M)
Europe Guidewires Market Outlook Share, 2023 & 2030 (US$M)
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