The global ‘Nitinol Medical Devices Market’ was valued at US$ 14,571.7 Mn in 2018 and is anticipated to expand at a CAGR of 8.5% from 2019 to 2027
The research report on the Nitinol Medical Devices Market by Transparency Market Research, provides an in-depth analysis of the present market landscape and offers forecasts extending up to 2027. This study offers a well-balanced blend of qualitative and quantitative data, spotlighting significant market advancements, challenges, competitive dynamics within the industry, as well as gap analysis, emerging opportunities, and prevailing trends in the market.
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This report provides insights into market size, recent trends, growth, market share, development status, government policies, market dynamics, cost structure, and the competitive landscape. Additionally, the research report assesses the current market and its growth prospects for the forecast period.
Furthermore, the Report’s goal is to offer readers a comprehensive market analysis, equipping them with valuable insights to develop effective business growth strategies. It empowers readers to assess the competitive landscape, understand their market positioning, and make informed decisions related to Nitinol Medical Devices. The report encompasses various market projections, including critical factors like market size, manufacturing trends, revenue analysis, consumption patterns, CAGR, gross margin, and pricing. It has been meticulously crafted through rigorous primary and secondary research methodologies and draws upon industry-leading resources. The report incorporates multiple research facets, including market dynamics, pricing assessments, production and consumption analysis, company profiles, and manufacturing cost analysis.
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Global Nitinol Medical Devices Market: Key Developments
- In January 2017, Abbott Laboratories acquired St. Jude Medical (SJM). The acquisition of St. Jude Medical will advance the company’s revenue growth is cardiovascular care and neuromodulation devices. The company is also focusing on developing new designs for Supera self?expanding nitinol stent system used in the treatment of peripheral artery disease.
- In October 2016, Medtronic’s CoreValve Evolut R 34 mm valve received the U.S. Food and Drug Administration (FDA) approval. The system delivers a greater opportunity to treat patients with smaller vessels through the preferred transfemoral access route.
- In August 2016, W.L. Gore and Associates, Inc. announced the U.S. Food and Drug Administration (FDA) approval for the GORE TIGRIS Vascular Stent, a dual-component stent with a unique fluoropolymer/nitinol design. This will improve anatomical conformability with the natural movement of the knee when treating peripheral artery disease (PAD)
- In December 2015, Boston Scientific Corporation acquired the interventional radiology portfolio of CeloNova Biosciences (CeloNova). The acquisition includes drug-eluting microspheres, which can be used for delivery of chemotherapy drugs to cancerous tumors and uterine fibroids.
- In August 2015, Nitinol Devices & Components, Inc. (NDC) of Confluent Medical Technologies completed the acquisition of Interface Catheter Solutions. The acquisition of company create an unique opportunity to strengthen the relationships with the existing customer particularly in the endovascular, neurovascular market
Competitor Analysis:
The significant players operating in the global Nitinol Medical Devices market are
Braun Melsungen AG, C. R. Bard, Inc., Arthrex, Inc., Zimmer Biomet Holdings, Inc., Cook Medical, Medtronic
Market Segmentation –
Product
- Nitinol Stents
- Nitinol Guidewires
- Orthodontic Guidewires
- Endoscopic Guidewires
- Nitinol Filters
- Nitinol Basket
- Nitinol Catheters
- Others
Application
- Orthopedic
- Vascular
- Dental
- Gastroenterology
- Others
This Report lets you identify the opportunities in Nitinol Medical Devices Market by means of a region:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)
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Key Features of the Nitinol Medical Devices Market Report: –
- Evaluate competitive developments like expansions, product launches, and acquisitions.
- Identify high-growth opportunities for stakeholders.
- Analyze the global Nitinol Medical Devices industry status and forecasts across key regions.
- Provide strategic recommendations for key product segments and applications to gain a competitive edge.
- Conduct a comprehensive analysis of key industry regions, including SWOT and Porter’s Five Forces assessments.
- Support strategic decision-making and investment planning
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