Spain Guidewires Market Size & Outlook, 2023-2030
Spain guidewires market, 2018-2030 (US$M)
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Spain guidewires market highlights
- The Spain guidewires market generated a revenue of USD 64.7 million in 2023 and is expected to reach USD 95.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.7% 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.
Guidewires market data book summary
| Market revenue in 2023 | USD 64.7 million |
| Market revenue in 2030 | USD 95.5 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Coronary guidewires |
| Fastest growing segment | Neurovascular guidewires |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Spain accounted for 2.5% of the global guidewires market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany guidewires market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 57.3 million by 2030.
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Guidewires Market Scope
Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 42.35% in 2023. Horizon Databook has segmented the Spain guidewires market based on coronary guidewires, peripheral guidewires, urology guidewires, neurovascular guidewires covering the revenue growth of each sub-segment from 2018 to 2030.
Advanced healthcare facilities & availability of skilled professionals are the major factors aiding revenue generation. In Spain, increasing awareness pertaining to advanced guidewires coupled with rising healthcare expenditure are some factors expected to contribute to market growth over the forecast period. Increase in number of procedures and high prevalence of Cardiovascular Diseases (CVDs) are facilitating market growth.
According to statistics published by WHO, in Europe, CVDs are among the leading causes of deaths. The country has a National Health Services system wherein majority of the population is covered under free healthcare services offered by national healthcare centers.
As a result, government healthcare facilities are the only target customers for market players offering cardiovascular devices in the country. According to the 2010-2014 World Bank report, Spain allocates nearly 9.2% of its GDP toward healthcare expenditure, while private expenditure on health is expected to be nearly 56.3%.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain guidewires market , including forecasts for subscribers. This country databook contains high-level insights into Spain guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain guidewires market size, by product, 2018-2030 (US$M)
Spain Guidewires Market Outlook Share, 2023 & 2030 (US$M)
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