Global Nitinol-based Medical Device Market Insights, Forecast to 2025

Nitinol is a special metal that have the ability to restore their original shape after severe deformation. The nitinol medical devices include nitinol stents, nitinol guidewires, nitinol filters etc.
The classification of Nitinol-based Medical Device includes Stents, Guidewires and other. The proportion of Guidewires in 2016 is about 44.37%, and the proportion of Stents in 2016 is about 6.7%.
Based on application, the nitinol medical devices market is segmented into orthopedic, vascular, dental, gastroenterology, and others. Vascular segment accounted for larger market share in terms of sales in 2016, vascular segmented accounted for more than 64% of the market share in 2016 due to increasing demand and adoption of nitinol based stents for vascular surgeries. Increasing number of dental implants and increasing demand for nitinol based product is expected to drive the growth of the nitinol medical devices market.
North America region is the largest supplier of Nitinol-based Medical Device, with a production market share nearly 61.5% in 2016. Europe is the second largest supplier of Nitinol-based Medical Device, enjoying production market share about 23.7% in 2016.
North America is the largest consumption place, with a consumption market share nearly 48.5% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 25.8% in 2016.
Market competition is intense among top 5. Medtronic, Edwards Lifesciences, Abbott, Boston Scientific, TERUMO are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
In the future, the Nitinol-based Medical Device will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the industry is more dispersion.
The global Nitinol-based Medical Device market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Nitinol-based Medical Device market based on company, product type, end user and key regions.

This report studies the global market size of Nitinol-based Medical Device in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Nitinol-based Medical Device in these regions.
This research report categorizes the global Nitinol-based Medical Device market by top players/brands, region, type and end user. This report also studies the global Nitinol-based Medical Device market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Medtronic
Edwards Lifesciences
Abbott
Boston Scientific
TERUMO
C. R. Bard
Cordis
Cook Medical
B. Braun
Biotronik
Stryker
JOTEC
Lombard Medical
Acandis
ELLA-CS

Market size by Product
Stents
Guidewires
Others
Market size by End User
Vascular
Orthopedic & Dental
Other

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Nitinol-based Medical Device market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Nitinol-based Medical Device market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Nitinol-based Medical Device companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Nitinol-based Medical Device submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Nitinol-based Medical Device are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Nitinol-based Medical Device market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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