Press release
Ophthalmic Guidewire Market is Projected to Grow Steadily During (2017-2025)
The primary functions of the Ophthalmic Guidewire are to access the lesion, to cross the lesion atraumatically, to provide support for interventional devices and the has ability to bend with direct pressure. Ophthalmic guidewire has an ability to follow the wire tip around curves and bends without bucking or kinking, to navigate anatomy of the vasculature. Hydrophobic coatings are silicone based coatings which repel water and are applied on the working length of the wire, except the distal tip. They require no activation by liquids to create a wax-like surface and to achieve the desired effect to reduce friction and increase traceability of the wire. Silicone coating has higher friction, more stable feel inside the vessel.
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Global Ophthalmic Guidewire Market: Dynamics
Increased demand for minimally invasive ophthalmic procedures, demand for diagnostic as well as surgical instruments in this particular target application is predicted to drive the ophthalmic guidewire market. The geriatric population base is broadening and is more vulnerable towards developing eye diseases. This is further expected to broaden the base for the ophthalmic guidewire market in the forecast years. New technological advancements in minimally invasive surgeries such as LASIK surgeries, is supposed to be a key driver for the ophthalmic guidewire market. The ophthalmic guidewire assisted surgeries to give better patient outcomes with amplifies recovery rates, rising acceptance towards the ophthalmic guidewire by healthcare professionals and patients. The factors are driving the market of an ophthalmic guidewire.
Global Ophthalmic Guidewire Market: Region-wise Outlook
Geographically, North America is anticipated to record a high market share of the market during the forecast period in the Ophthalmic Guidewire market owing to the well-developed healthcare infrastructure. Europe is anticipated to be the second leading region in the Ophthalmic Guidewire market attributing to the rising awareness of Ophthalmic Guidewire amongst the individuals, and healthcare professionals have fueled the Ophthalmic Guidewire market. The Asia-Pacific market is expected to record a robust CAGR during the forecast period. This growth can be attributed to the significant contribution from the emerging countries such as China and India. The growth in this region is attributed to the increase in funding for research and development and entry of established players in these regions.
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Global Ophthalmic Guidewire Market: Key Players
Currently, the Global Ophthalmic Guidewire market is highly competitive owing to the involvement of many established players. Some of the key players in the Global Ophthalmic Guidewire are Boston Scientific Corp., Abbott Vascular, Terumo Corporation, Vascular Solutions Inc., Volcano, Bard Peripheral Vascular and much more.
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