Complete Overview of Pressure Guidewire Global Market 2019
Press Release – 28
Jan 2019
Research
and Development News
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Latest
Update
"Global Market Study on Pressure Guidewire: North America
Anticipated to be the Most Lucrative Regional Market During 2016 -
2024"
with Industries Survey | Global Current Growth and Future.
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The report analyzes the key trends, drivers,
restraints and market opportunities and presents an impact analysis
of key growth drivers and restraints based on the weighted average
model to better equip and arm clients with crystal-clear
decision-making insights.
While differentiating strategies, the analysts have come to a conclusion that over the last decade, major players are focusing on a rapid product launch for the diagnosis and treatment of cardiovascular diseases and to optimize PCI procedures to facilitate improved standards of care. According to the report, companies could capitalize by entering nascent markets in Eastern Europe and Africa, which are now witnessing economic prosperity. Companies may gain greater revenue visibility by getting their products approved by regulatory agencies, as physicians in most developed markets prefer using only approved products.
While differentiating strategies, the analysts have come to a conclusion that over the last decade, major players are focusing on a rapid product launch for the diagnosis and treatment of cardiovascular diseases and to optimize PCI procedures to facilitate improved standards of care. According to the report, companies could capitalize by entering nascent markets in Eastern Europe and Africa, which are now witnessing economic prosperity. Companies may gain greater revenue visibility by getting their products approved by regulatory agencies, as physicians in most developed markets prefer using only approved products.
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While
considering global pressure guidewire market pricing assumptions, the
analysts have considered the weighted average pricing of individual
pressure guidewires. Product prices have been captured from key
manufacturers in top countries for each region, with respect to their
estimated market share to arrive at region-wise weighted average
pricing.
The key
players are categorized into three categories such as Tier 1, Tier 2
and Tier 3. The report captures pricing trends based on primary
discussions with industry experts and manufacturers in each region.
The pricing analysis includes pricing of disposable pressure
guidewire used during PCI procedure. Currency fluctuations have not
been taken into account and the analysis is static in nature. It also
rules out the impact of extreme events in specific countries. A
demand-supply gap analysis has also been carried out, involving both
marketplace discussions and desk research in determining pricing
premiums.
“Report description”
Economic analysis of pressure guidewire, technology assessment, regulatory scenario, reimbursement of fractional flow reserve in U.S. is the uniqueness of this report. Indicators such as R&D expenditure, research funding from government and non-profit organizations etc. have been considered to arrive at the indicated market numbers. Yearly change in inflation rate has not been factored in while forecasting market numbers. Bottom-up approach has been used to assess market numbers for each product category, while top-down approach has been used to counter-validate the reached numbers.
“Report description”
Economic analysis of pressure guidewire, technology assessment, regulatory scenario, reimbursement of fractional flow reserve in U.S. is the uniqueness of this report. Indicators such as R&D expenditure, research funding from government and non-profit organizations etc. have been considered to arrive at the indicated market numbers. Yearly change in inflation rate has not been factored in while forecasting market numbers. Bottom-up approach has been used to assess market numbers for each product category, while top-down approach has been used to counter-validate the reached numbers.
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The report
takes an overview of the global pressure guidewire market. The
overview consists of market taxonomy and a section underlining
factors that influence the growth of the global pressure guidewire
market. The analysts have provided key strategic recommendations for
both existing and new players in the market to emerge sustainably
profitable. The report covers the competitive landscape that provides
a dashboard view of companies that manufacture and provide services
in the global pressure guidewire market. The report contains company
profiles of some of the key players and a strategic overview of
mergers and acquisitions along with their expansion plans in
different regions.
Market segmentation
By Product Type
Market segmentation
By Product Type
- Flat Tipped Pressure Guidewires
- Flexible Tipped Pressure Guidewires
By Technology Type
- Pressure Wire Technology
- Optical Fiber Technology
By End User
- Hospitals
- Ambulatory Surgical Centers
- Independent Catheterization Labs
By Region
- North America
- Latin America
- Europe
- APAC
- MEA
Research methodology
The forecast presented here assesses the total revenue of the global pressure guidewire market. When developing the market forecast, the starting point involves sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the global market, the report triangulates the outcome on the basis of analysis based on supply and demand sides. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed. The report also takes into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the global pressure guidewire market.
The global market for pressure guidewire is split into various categories and all these segments have been analyzed in terms of Basis Point Share (BPS) to understand individual segments relative contribution to overall market growth. This detailed level of information is important for the identification of various key trends governing the global pressure guidewire market. Another key feature of this report is the analysis of all key segments and the corresponding revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global pressure guidewire market.
The forecast presented here assesses the total revenue of the global pressure guidewire market. When developing the market forecast, the starting point involves sizing the current market, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the global market, the report triangulates the outcome on the basis of analysis based on supply and demand sides. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed. The report also takes into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the global pressure guidewire market.
The global market for pressure guidewire is split into various categories and all these segments have been analyzed in terms of Basis Point Share (BPS) to understand individual segments relative contribution to overall market growth. This detailed level of information is important for the identification of various key trends governing the global pressure guidewire market. Another key feature of this report is the analysis of all key segments and the corresponding revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global pressure guidewire market.
Company Profiles
- Boston Scientific Corporation
- Opsens Inc.
- Koninklijke Philips N.V.
- Abbott Laboratories
- Others
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