Global Nitinol Medical Devices Market is expected to grow at a CAGR of 8.5% during the forecast period. Nitinol Medical Devices Market is expected to reach US$ 32.78 Bn. by 2029.Nitinol Medical Devices Market Overview:
Global Nitinol is an alloy of nickel and titanium that is becoming a metal of choice for the composition of numerous medical devices in the healthcare business. Nitinol has applications such as self-expanding grafts, baskets, filters, graft-supporting systems, and others.To know about the Research Methodology :- Request Free Sample Report
Global Nitinol Medical Devices Market Dynamics:
Rising demand for minimally invasive surgeries is expected to propel market growth during the forecast period. The use of minimally invasive surgery has changed the surgical paradigm in medical science. Increased interest, awareness, clinical trial and evaluation, and eventually adoption of MIS have emerged from the growth of novel technology. Nitinol has a wide range of uses in the medical field due to its super-elasticity. Cardiovascular disease is the leading cause of death worldwide, according to the World Health Organization, with 17.9 million people dying each year. The increased prevalence of ailments such as cardiovascular disease, renal lithiasis, and others is predicted to increase the demand for nitinol medical devices. Other factors projected to drive market growth in the global nitinol medical device market include an increase in the geriatric population, an increase in the number of surgery room procedures, an increase in the demand for minimally invasive surgical procedures, and greater healthcare expenditure. The stringent health regulatory affairs related to medical devices are expected to hamper the global market during the forecast period. Also, there are some risks and limitations to using nitinol in the manufacture of medical devices. For medical applications involving friction and wear, nitinol cannot be considered a standard material when compared to other raw materials such as stainless steel and cobalt-chromium. The report has profiled fifteen key players in the market from different regions. However, the report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for a future hot spot in APAC region.Segment Analysis:
The Global Nitinol Medical Devices Market is segmented on the basis of Product and Application. Based on Product, the Nitinol Stents segment is expected to dominate the global market during the forecast period. Stents are little tubes that are inserted into a blocked artery or vein. Nitinol stents have various distinguishing characteristics that make them more efficient than conventional stents. These stents are designed in such a way that they adjust to the vessel's wall and resist its stresses once installed. Furthermore, despite the inclusion of nickel, these stents are less corrosive. In addition, the adoption of less invasive surgeries is projected to have a beneficial impact on the Nitinol stents market. Angioplasty is a minimally invasive procedure that involves inserting a balloon-tipped catheter into a blocked conduit and inflating the balloon with a stent. According to the American Cancer Society, approximately 18,440 new cases of oesophagal cancer will be detected in the United States by the year 2020. As a result of these factors, care providers are more likely to utilise better stents in the market, where nitinol stents are beneficial and common due to their self-expanding properties and are projected to drive the stents category.Regional Insights:
North America dominated the global market in 2022. North American markets made for a large portion of the market's share in 2022. This is primarily owing to the region's sophisticated medical infrastructure, favourable government support for technologically advanced product research and development, and the increased prevalence of chronic diseases. Coronary heart disease, also known as ischemic heart disease, is caused by plaque build-up in the arteries' walls. Coronary artery disease is one of the most common heart disorders in the United States, according to the Centres for Disease Control and Prevention. Plaque builds up in the arteries of people who have coronary artery disease, obstructing blood flow. The report also helps in understanding the Global Nitinol Medical Devices Market dynamics, structure by analyzing the market segments and project the Global Nitinol Medical Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Nitinol Medical Devices Market make the report investor’s guide.Global Nitinol Medical Devices Market Scope: Inquire before buying
Nitinol Medical Devices Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 18.52 Bn. Forecast Period 2023 to 2029 CAGR: 8.5% Market Size in 2029: US $ 32.78 Bn. Segments Covered: by Product Nitinol Stents Nitinol Guidewires Nitinol Basket Others by Application Cardiovascular Urology Dentistry Others Global Nitinol Medical Devices Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest) South America (Brazil, Argetina and Rest of South America)CGlobal Nitinol Medical Devices Market Key Players
1. Arthrex, Inc. 2. Boston Scientific Corporation 3. C. R. Bard, Inc. 4. Cook Medical, Inc. 5. ENDOSMART GmbH 6. Medtronic plc 7. B. Braun Melsungen AG 8. W. L. Gore & Associates, Inc. 9. Terumo Medical Corporation 10. Abbott Laboratories 11. BD 12. BIOTRONIK 13. Diagmed Healthcare 14. Novatech SA 15. Olympus America Frequently Asked Questions: 1. Which region has the largest share in Global Nitinol Medical Devices Market? Ans: North American region held the highest share in 2022. 2. What is the growth rate of Global Nitinol Medical Devices Market? Ans: The Global Nitinol Medical Devices Market is growing at a CAGR of 8.5 % during forecasting period 2023-2029. 3. What is scope of the Global Nitinol Medical Devices Market report? Ans: Global Nitinol Medical Devices Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Nitinol Medical Devices Market size in 2022? Ans: The Global Nitinol Medical Devices market was valued at US$ 18.52 Bn. In 2022. 5. What is the study period of this Market? Ans: The Global Nitinol Medical Devices Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Nitinol Medical Devices Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Nitinol Medical Devices Market 3.4. Geographical Snapshot of the Nitinol Medical Devices Market, By Manufacturer share 4. Global Nitinol Medical Devices Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Nitinol Medical Devices Market 5. Supply Side and Demand Side Indicators 6. Global Nitinol Medical Devices Market Analysis and Forecast, 2022-2029 6.1. Global Nitinol Medical Devices Market Size & Y-o-Y Growth Analysis. 7. Global Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.1.1. Nitinol Stents 7.1.2. Nitinol Guidewires 7.1.3. Nitinol Basket 7.1.4. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Cardiovascular 7.2.2. Urology 7.2.3. Dentistry 7.2.4. Others 8. Global Nitinol Medical Devices Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.1.1. Nitinol Stents 9.1.2. Nitinol Guidewires 9.1.3. Nitinol Basket 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Cardiovascular 9.2.2. Urology 9.2.3. Dentistry 9.2.4. Others 10. North America Nitinol Medical Devices Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Nitinol Medical Devices Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Nitinol Medical Devices Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Nitinol Medical Devices Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Nitinol Medical Devices Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Nitinol Medical Devices Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Nitinol Medical Devices Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Arthrex, Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Boston Scientific Corporation 45.3.3. C. R. Bard, Inc. 45.3.4. Cook Medical, Inc. 45.3.5. ENDOSMART GmbH 45.3.6. Medtronic plc 45.3.7. B. Braun Melsungen AG 45.3.8. W. L. Gore & Associates, Inc. 45.3.9. Terumo Medical Corporation 45.3.10. Abbott Laboratories 45.3.11. BD 45.3.12. BIOTRONIK 45.3.13. Diagmed Healthcare 45.3.14. Novatech SA 45.3.15. Olympus America 46. Primary Key Insights