Global Nitinol Medical Devices Market Trajectory & Analytics Report 2020-2027 with Focus on Key Players - Abbott Laboratories, B. Braun Melsungen, Boston Scientific, Cook Medical, Zimmer Biomet - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Nitinol Medical Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Nitinol Medical Devices Market to Reach $23.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Nitinol Medical Devices estimated at US$14.5 Billion in the year 2020, is projected to reach a revised size of US$23.1 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027.

Nitinol Stents, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$8.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Nitinol Guidewires segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U. S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 6.4% CAGR

The Nitinol Medical Devices market in the U. S. is estimated at US$4.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2027 trailing a CAGR of 6.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 5.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Nitinol Filters Segment to Record 6.7% CAGR

In the global Nitinol Filters segment, USA, Canada, Japan, China and Europe will drive the 6.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.7 Billion in the year 2020 will reach a projected size of US$2.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.6 Billion by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Abbott Laboratories
• B. Braun Melsungen AG
• Boston Scientific Corporation
• Cook Medical, Inc.
• Zimmer Biomet Holdings, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Nitinol Medical Devices Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

• Market Facts & Figures
• US Nitinol Medical Devices Market Share (in %) by Company: 2019 & 2025
• Market Analytics

CANADA

JAPAN

CHINA

EUROPE

• Market Facts & Figures
• European Nitinol Medical Devices Market: Competitor Market Share Scenario (in %) for 2019 & 2025
• Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC

REST OF WORLD

IV. COMPETITION

• Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/4bjyf8

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

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