Guidewires Market Projection, Technological Innovation And Emerging Trends

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A majority of the lifestyle-related diseases occur due to these behaviours- obesity, unhealthy diet, physical inactivity, and smoking.

Owing to the rising prevalence of chronic and lifestyle-associated diseases across the world, the demand for guidewires will boom in the coming years. As per the obesity report published by the Organization of Economic Cooperation and Development (OECD) in 2015, 19.5% of the adult population was found to be obese across member countries. The obesity rate was less than 6% in the Japan and South Korea and as high as 30% in the U.S, Mexico, Hungary, and New Zealand.

Browse detailed report - Guidewires Market Analysis and Demand Forecast Report

Globally, the Asia-Pacific (APAC) region is expected to register the fastest growth in the usage of guidewires during the forecast period. The main factors responsible for this rapidly rising utilization of guidewires in APAC are the increasing incidence of chronic diseases and lifestyle-related disorders, soaring medical tourism, and rapidly improving healthcare infrastructure in the region. As per the International Diabetes Federation Atlas, India and China are amongst the top two nations in the world with the largest number of diabetic patients in the age group of 2079 years.

Hence, it can be concluded that due to the increasing occurrence of chronic and lifestyle-related diseases and the burgeoning need for minimally invasive surgical procedures across the world, the demand for guidewires will surge in the coming years.

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