Global Nitinol-Based Medical Devices Market To Grow At A CAGR Of 10.50% During The Period 2017-2021

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Nitinol-based medical devices are made of nitinol, an alloy of nickel and titanium. The use of nitinol-based stents and guidewires has improved procedural outcome. The nitinol alloys are corrosion resistant and are highly accepted in the medical device industry. The global medical devices market has been growing extensively over the years. With increasing investment in research and development (R&D) for manufacturing nitinol-based medical devices, the use of these devices has increased rapidly in the recent years.

Technavios analysts forecast the global nitinol-based medical devices market to grow at a CAGR of 10.50% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global nitinol-based medical devices market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Nitinol-based Medical Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Abbott
Boston Scientific
Medtronic
TERUMO

Other prominent vendors
Acandis
B. Braun Melsungen
Biotronik
C. R. Bard
Confluent Medical Technologies
Cook Medical
ELLA-CS
ENDOCOR
JOTEC
Lombard Medical
Novatech
Rontis
Stryker

Market driver
Emergence of next-generation hybrid guidewiresand stents
For a full, detailed list, view our report

Market challenge
Complications associated with manufacturing of nitinol-based devices
For a full, detailed list, view our report

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Market trend
Increasing mergers and acquisitions (M&A) for global expansion
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?