Global Bifurcation Lesions Market Competitive Landscape & Forecast
The bifurcation lesions global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Bifurcation Lesions Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The bifurcation lesions market size has grown strongly in recent years. It will
grow from $2.47 billion in 2023 to $2.7 billion in 2024 at a compound annual
growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed
to rise in prevalence of coronary artery diseases, rise in geriatric
population, rise in healthcare expenditure, economic growth.
The bifurcation lesions market size is expected to see strong growth in the
next few years. It will grow to $3.74 billion in 2028 at a compound annual
growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed
to increasing demand for minimally invasive surgeries, expansion of healthcare
infrastructure and facilities, increasing prevalence of cardiovascular
diseases, government healthcare policies. Major trends in the forecast period
include patient-centric approaches, bioresorbable stents, integration of ai and
machine learning, cross-specialty collaboration.
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Scope Of Bifurcation Lesions Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Bifurcation Lesions Market Overview
Market Drivers -
The increase in geriatric population is expected to drive the growth of the
bifurcation lesions market. People whose age is more than 60 years are more
likely to suffer a heart attack, a stroke, or develop coronary heart disease
and heart failure than younger people. In such cases, bifurcation lesions help
treat the blood clots to allow adequate blood flow to your heart. For instance,
in October 2022, according to a report published by the World Health
Organization (WHO), a Switzerland-based agency responsible for international
public health, one in six people is expected to be 60 or older by the year
2030, in the entire world. By 2050, there will be 2.1 billion people worldwide
who are 60 years old or older. The number of persons who are 80 years of age or
older will increase by 426 million between 2020 and 2050 compared to the
current population. Therefore, the increasing geriatric population will drive
the bifurcation lesions market growth.
Market Trends -
The advancement in devices used in imaging and procedures is a key trend that
is gaining popularity in the bifurcation lesions market. Major companies
operating in the market are concentrating their efforts on advancements in
existing devices used in imaging and procedures. For instance, Advanced Bifurcation
Systems (ABS), a clinical-stage medical device firm with a unique bifurcation
stenting solution to standardize the treatment of all bifurcation lesions in
coronary angioplasties, has a platform featuring the only modular self-aligning
stent technology to evenly structure bifurcations. The ABS platform is a unique
single system that reduces the need for repeat procedures and enables effective
bifurcation stenting treatment.
The bifurcation lesions market covered in this report is segmented –
1) By Types: One-Stent, Two-Stent
2) By Application: Coronary Vascular, Peripheral Vascular
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Report @
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Regional Insights -
North America was the largest region in the bifurcation lesions market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the bifurcation lesions market report include
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East and Africa.
Key Companies -
Major companies operating in the bifurcation lesions market include Boston
Scientific Corporation, Terumo Medical Corporation, Spectranetics Corporation,
Medtronic plc, Cardinal Health Inc., Cardinal Health Company, Abbott
Laboratories, Biosensors International Group Ltd., B. Braun Melsungen AG, Cook
Medical LLC, Cordis Corporation, Endologix Inc., W. L. Gore & Associates
Inc., InspireMD Inc., Lombard Medical Technologies PLC, MicroPort Scientific
Corporation, OrbusNeich Medical Company Limited, Biotronik SE & Co. KG,
Cardionovum GmbH, Elixir Medical Corporation, Medinol Ltd., Meril Life Sciences
Pvt. Ltd., MIV Therapeutics Inc., Natec Medical Ltd., Opto Circuits (India)
Ltd., QualiMed Innovative Medizinprodukte GmbH, Sahajanand Medical Technologies
Pvt. Ltd., Svelte Medical Systems Inc., Translumina GmbH, Vascular Concepts
Limited, Vascular Solutions Inc., Veryan Medical Ltd., X-Cell Medical Inc.,
Zorion Medical Inc., Amaranth Medical Inc., Cardiomind Inc., Cardiva Medical
Inc.
Table of Contents
1. Executive Summary
2. Bifurcation Lesions Market Report Structure
3. Bifurcation Lesions Market Trends And Strategies
4. Bifurcation Lesions Market – Macro Economic Scenario
5. Bifurcation Lesions Market Size And Growth
…..
27. Bifurcation Lesions Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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