Friday 12th August 2022

Nitinol Medical Devices Market Report 2021: Industry Overview, Growth Rate – Stillwater

[ad_1]

According to IMARC Group’s latest report, titled “Nitinol Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global nitinol medical devices market reached a value of US$ XX Billion in 2020. Nitinol refers to a class of shape memory alloys (SMA) made by integrating equal concentrations of nickel and titanium. It is a super elastic material with the ability to transform its phase from austenite to martensite and back to the stress-free austenite state. Nitinol is used in the manufacturing of medical devices that undergo repetitive deformations from high strain levels during deployment. Some commonly available nitinol medical devices, include catheter tubes, guidewires, stone retrieval baskets, filters, needles, dental files, arch wires, etc. These devices find various applications in minimally invasive (MI) procedures across the globe.

Request for a PDF sample of this report: https://www.imarcgroup.com/nitinol-medical-devices-market/requestsample

The increasing prevalence of chronic diseases on account of sedentary consumer lifestyles and escalating intake of alcohol and tobacco, is primarily driving the need for nitinol medical devices in the medical sector. Additionally, the elevating adoption of nitinol medical devices in minimally invasive surgeries (MIS) for smaller incisions, less scarring, considerable accuracy, etc., is further propelling the market growth. Besides this, the introduction of advanced nitinol medical devices, including peripheral vascular stents that find extensive applications in general surgery, structural heart diseases, orthopedics, etc., is also augmenting the global market. Moreover, the emergence of biodegradable polymer stents, along with the growing product utilization in orthodontics and endodontics is anticipated to bolster the nitinol medical devices market in the coming years. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • Arthrex Inc.
  • Braun Melsungen AG
  • Becton Dickinson and Company
  • Boston Scientific Corporation
  • Cook Group Incorporated
  • Endosmart GmbH
  • Medtronic plc
  • Shanghai MicroPort Medical (Group) Co. Ltd.
  • Stryker Corporation
  • Terumo Corporation
  • L. Gore & Associates Inc.
  • Zimmer Biomet

Market Segmentation:

Breakup by Product Type:

  • Stents
  • Baskets
  • Guidewires
  • Nitinol Catheters
  • Nitinol Filters
  • Others

Breakup by Application:

  • Cardiovascular
  • Urology
  • Dentistry
  • Gastroenterology
  • Others

Breakup by End User:

  • Hospitals and Clinics
  • Ambulatory Surgery Centers
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://bit.ly/3nWQnVp

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports by IMARC Group:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

[ad_2]

Read More:Nitinol Medical Devices Market Report 2021: Industry Overview, Growth Rate – Stillwater