Opportunities Preloader

Please Wait.....

Report

Vascular Guidewires - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Market Report I 2025-07-01 I 120 Pages I Mordor Intelligence

Vascular Guidewires Market Analysis

The vascular guidewires market is valued at USD 1.61 billion in 2025 and is projected to reach USD 2.23 billion by 2030, reflecting a 6.73% CAGR. Rising cardiovascular disease prevalence, the global pivot toward minimally invasive interventions, and continuous improvements in steerability and torque response are sustaining demand. Device makers are also benefiting from expanding catheterization lab capacity, broader reimbursement for outpatient vascular procedures, and the commercialization of robotic-assisted endovascular suites. Supply-chain localization of medical-grade nitinol and investments in PFAS-free coatings illustrate how manufacturers are de-risking production while aiming for long-term sustainability. Regionally, North America remains the leading revenue contributor, whereas Asia-Pacific shows the most rapid growth owing to healthcare infrastructure development and higher procedure volumes.

Global Vascular Guidewires Market Trends and Insights



Rising Cardiovascular Disease Burden

Global hypertension prevalence is forecast to climb from 51.2% in 2020 to 61.0% by 2050, while diabetes rises from 16.3% to 26.8%. These epidemiological shifts elevate procedure volumes for coronary, peripheral, and neurovascular interventions, positioning guidewires as essential access tools. Stroke-related costs alone are anticipated to increase 535% to USD 423 billion by 2050, underscoring long-term demand for neurovascular devices. Hospital systems are expanding cath-lab capacity and procuring torque-responsive wires that address complex anatomy in older patients. Preventive interventions are also gaining traction, enlarging the overall addressable vascular guidewires market .

Growing Preference for Minimally Invasive Surgeries

Ambulatory surgical centers (ASCs) are expected to handle more than half of US outpatient surgeries by 2028, representing a USD 33 billion opportunity at a 6.9% CAGR. Only 1.8% of percutaneous coronary interventions currently occur in ASCs, leaving headroom for growth. Cost savings, faster recovery, and comparable safety records are compelling payers and providers to favor outpatient endovascular care, thereby increasing demand for versatile guidewires that perform reliably across procedural settings.

Rising Incidence of Product Recalls & FDA Warning Letters

Class I recalls in 2024-2025, including coating separation events, have affected leading manufacturers and hundreds of thousands of devices. The heightened regulatory environment is prompting providers to diversify suppliers, while manufacturers strengthen quality controls to preserve market confidence.

Other drivers and restraints analyzed in the detailed report include:

Technological Breakthroughs in Steerable & Torque-Enhanced Wires / Ageing Population Expanding Interventional Case-Load / Hospital Adoption of Robotic-Assisted Endovascular Suites / Price Erosion Amid Commoditization in Mature Markets /

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Coronary guidewires held a 46.54% share of the vascular guidewires market in 2024 owing to high global PCI volumes. Neurovascular guidewires, though smaller in revenue, are forecast for an 8.28% CAGR, reflecting rising stroke awareness and improvements in distal access devices. Advanced hybrid wires are influencing clinician preferences by combining soft tips with proximal stiffness, reducing reliance on multiple wire exchanges. Artificial intelligence integration is under exploration, pointing to future smart guidewires capable of real-time vessel mapping.

The peripheral segment continues stable growth fuelled by increasing peripheral artery disease incidence. Urology guidewires benefit from the broader shift toward minimally invasive stone management, although they remain niche compared with cardiovascular applications.

Coated guidewires represented 63.15% of vascular guidewires market size in 2024 as hydrophilic layers improve lubricity in tortuous anatomy. PFAS-related regulatory scrutiny is accelerating R&D into alternative chemistries, prompting manufacturers to file new patents for fluorine-free or biodegradable coatings. Non-coated guidewires are expanding at a 7.85% CAGR as operators value direct tactile feedback in certain coronary and peripheral cases, and as price-sensitive markets re-evaluate premium coating benefits.

The Vascular Guidewires Market Report is Segmented by Product (Peripheral Guidewires, Coronary Guidewires, and More), Coating (Coated, Non-Coated), Raw Material (Nitinol, Stainless Steel, Other Materials), End User (Hospitals, Ambulatory Surgical Centres, and More), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).

Geography Analysis

North America retained a 45.34% revenue share in 2024. Robust reimbursement, early adoption of robotic platforms, and broad clinical training networks sustain demand. However, stricter FDA post-market surveillance is lengthening approval cycles and raising compliance costs. Value-based care contracts increasingly require outcome evidence, pressuring suppliers to link device performance with total cost of care.

Asia-Pacific is projected for an 8.64% CAGR through 2030. China's device market, targeted to reach USD 55.67 billion by 2029, benefits from policies such as Made in China 2025 that foster domestic production. Indonesia reached USD 2.3 billion in 2024 and continues to leverage TKDN rules that mandate local content. India's new marketing conduct codes are improving transparency, though they require short-term adjustments for multinational suppliers. Rising procedure volumes, expanding insurance coverage, and government investments in cardiovascular care position the region as the key driver for incremental vascular guidewires market revenue.

Europe exhibits steady demand amid rigorous regulatory frameworks. Harmonized standards updated in 2024 introduce clearer pathways for CE marking, albeit with higher documentation requirements . The continent's aging demographic keeps procedure numbers high, while cost-effectiveness evaluations encourage adoption of guidewires that balance performance with economic value. Brexit-induced divergence still complicates UK-EU supply logistics but is gradually being mitigated through mutual recognition agreements.

Middle East & Africa and South America show emerging potential. Gulf Cooperation Council countries invest in cardiovascular centers of excellence, whereas Brazil and Argentina expand cath-lab networks despite reimbursement hurdles. Market access relies heavily on distributor partnerships and compliance with evolving local regulations.

List of Companies Covered in this Report:

Boston Scientific / Abbott Laboratories / Terumo / Asahi Intecc / Medtronic / Cardinal Health / B. Braun / AngioDynamics / Stryker / Cook Group / Integer Holdings / Lepu Medical / FMD Co. Ltd / Teleflex / Merit Medical Systems / Cordis (Hellman & Friedman) / Penumbra / MicroPort / Nipro / Bentley InnoMed GmbH /

Additional Benefits:

The market estimate (ME) sheet in Excel format /
3 months of analyst support /

1 Introduction
1.1 Study Assumptions & Market Definition
1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Cardiovascular Disease Burden
4.2.2 Growing Preference For Minimally-Invasive Surgeries
4.2.3 Technological Breakthroughs In Steerable & Torque-Enhanced Wires
4.2.4 Ageing Population Expanding Interventional Case-Load
4.2.5 Hospital Adoption Of Robotic?Assisted Endovascular Suites
4.2.6 Supply-Chain Localisation Of Medical-Grade Nitinol
4.3 Market Restraints
4.3.1 Rising Incidence Of Product Recalls & Fda Warning Letters
4.3.2 Price Erosion Amid Commoditisation In Mature Markets
4.3.3 Global Nitinol Feedstock Shortages
4.3.4 PFAS-Linked Regulation Of Hydrophilic Coatings
4.4 Value / Supply-Chain Analysis
4.5 Regulatory Landscape
4.6 Technological Outlook
4.7 Porter's Five Forces Analysis
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Buyers
4.7.3 Bargaining Power of Suppliers
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry

5 Market Size & Growth Forecasts (Value, USD)
5.1 By Product
5.1.1 Peripheral Guidewires
5.1.2 Coronary Guidewires
5.1.3 Urology Guidewires
5.1.4 Neurovascular Guidewires
5.2 By Coating
5.2.1 Coated
5.2.2 Non-Coated
5.3 By Raw Material
5.3.1 Nitinol
5.3.2 Stainless Steel
5.3.3 Other Materials (PEEK, Polymer Hybrids)
5.4 By End User
5.4.1 Hospitals
5.4.2 Ambulatory Surgical Centres
5.4.3 Specialty Clinics & Cath Labs
5.5 By Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Mexico
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Italy
5.5.2.5 Spain
5.5.2.6 Rest of Europe
5.5.3 Asia-Pacific
5.5.3.1 China
5.5.3.2 Japan
5.5.3.3 India
5.5.3.4 Australia
5.5.3.5 South Korea
5.5.3.6 Rest of Asia-Pacific
5.5.4 Middle East & Africa
5.5.4.1 GCC
5.5.4.2 South Africa
5.5.4.3 Rest of Middle East & Africa
5.5.5 South America
5.5.5.1 Brazil
5.5.5.2 Argentina
5.5.5.3 Rest of South America

6 Competitive Landscape
6.1 Market Concentration
6.2 Market Share Analysis
6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
6.3.1 Boston Scientific Corporation
6.3.2 Abbott Laboratories
6.3.3 Terumo Corporation
6.3.4 Asahi Intecc Co. Ltd
6.3.5 Medtronic plc
6.3.6 Cardinal Health
6.3.7 B. Braun Melsungen AG
6.3.8 AngioDynamics
6.3.9 Stryker Corporation
6.3.10 Cook Medical
6.3.11 Integer Holdings Corporation
6.3.12 Lepu Medical Technology
6.3.13 FMD Co. Ltd
6.3.14 Teleflex Incorporated
6.3.15 Merit Medical Systems
6.3.16 Cordis (Hellman & Friedman)
6.3.17 Penumbra Inc.
6.3.18 MicroPort Scientific
6.3.19 Nipro Corporation
6.3.20 Bentley InnoMed GmbH

7 Market Opportunities & Future Outlook
7.1 White-space & Unmet-Need Assessment

  • Not Sure / Need Reassuring
    • Confirm Content
      • Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:

        Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.

        Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.

        Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.

    • Sample Pages
      • With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.

        It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.

        To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Check for Alternatives
      • Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.

        To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.

  • Prices / Formats / Delivery
    • Prices
      • All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.

        Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Discounts
      • As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.

        Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.

        To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.

    • Available Currencies
      • Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.

        Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.

        To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.

    • Licenses
      • License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Global Site License
      • The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.

        It is important to note that this may exclude Parent Companies or Subsidiaries.

        If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.

    • Formats
      • The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.

        If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.

    • Delivery
      • Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.

        Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.

        If a delay in delivery is expected you will be informed about it immediately.

    • Shipping Charges
      • As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.

        If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.

  • Ordering
    • By Credit Card
      • We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.

        Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.

        For more information on PayU please visit: https://www.payu.pl/en/about-us

    • By Money Transfer
      • If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.

        With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.

  • Security
    • Website security
      • We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.

        Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.

    • Credit Card Security
      • We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.

        PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.

PLEASE SELECT LICENSE
  • $4750.00
  • $5250.00
  • $6500.00
  • $8750.00
  • ADD TO BASKET
  • BUY NOW