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The global guidewires market size is projected
to reach USD 1,401.0 million by 2026, exhibiting a CAGR of 5.9% during the
forecast period. Rising incidence rate of cardiovascular diseases is expected
to be one of the major forces of growth for this market. According to estimates
released by the American Heart Association (AHA), a staggering 15.5 million
Americans were suffering from coronary heart disease in 2016. These numbers
augur good news for the guidewire market as a steady rise in the prevalence of
cardiovascular disorders will necessitate the utilization of advanced guidewire
technology for quicker diagnosis and delivery of more accurate treatment for
these conditions. Moreover, these devices are also crucial in diagnosing
gastrointestinal disorders, which will further boost their employment in the
healthcare industry.