Global Nitinol-based Medical Devices Market 2017-2021

  • ID: 4395277
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Abbott
  • B. Braun Melsungen
  • Boston Scientific
  • Cook Medical
  • ENDOCOR
  • Lombard Medical
  • MORE
About Nitinol-based Medical Devices

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.

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

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
The report, 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 drivers
  • Emergence of next-generation hybrid guidewires?and stents
  • For a full, detailed list, view the full report
Market challenges
  • Complications associated with manufacturing of nitinol-based devices
  • For a full, detailed list, view the full report
Market trends
  • Increasing mergers and acquisitions (M&A) for global expansion
  • For a full, detailed list, view the full 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?
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FEATURED COMPANIES

  • Abbott
  • B. Braun Melsungen
  • Boston Scientific
  • Cook Medical
  • ENDOCOR
  • Lombard Medical
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Global nitinol-based stents market
  • Guidewires
PART 07: Market segmentation by end-user
  • Market scenario
PART 08: Geographical segmentation
  • Market scenario
  • Nitinol-based medical devices market in Americas
  • Nitinol-based medical devices market in EMEA
  • Nitinol-based medical devices market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Increasing mergers and acquisitions (M&A) for global expansion
PART 12: Vendor landscape
  • Competitive scenario
PART 13: Key vendor analysis
  • Abbott
  • Boston Scientific
  • Medtronic
  • TERUMO
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Market scenario for nitinol-based medical devices 2016-2021
Exhibit 02: Overview of global nitinol-based medical devices market
Exhibit 03: Global nitinol-based medical devices market ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global nitinol-based medical devices market segmentation by product 2016
Exhibit 06: Global nitinol-based medical devices market segmentation by product 2021
Exhibit 07: Global nitinol-based stents market 2016-2021 ($ billions)
Exhibit 08: Global nitinol-based guidewires market 2016-2021 ($ billions)
Exhibit 09: Global nitinol-based medical devices market segmentation by geography 2016
Exhibit 10: Global nitinol-based medical devices market segmentation by geography 2021
Exhibit 11: Nitinol-based medical devices market overview in Americas
Exhibit 12: Nitinol-based medical devices market in Americas 2016-2021 ($ billions)
Exhibit 13: Nitinol-based medical devices market overview in EMEA
Exhibit 14: Nitinol-based medical devices market in EMEA 2016-2021 ($ billions)
Exhibit 15: Nitinol-based medical devices market overview in APAC
Exhibit 16: Nitinol-based medical devices market in APAC 2016-2021 ($ billions)
Exhibit 17: Major transactions in segment
Exhibit 18: Competitive structure analysis of global nitinol-based medical devices market 2016
Exhibit 19: Abbott: Key highlights
Exhibit 20: Abbott: Strength assessment
Exhibit 21: Abbott: Strategy assessment
Exhibit 22: Abbott: Opportunity assessment
Exhibit 23: Boston Scientific: Key highlights
Exhibit 24: Boston Scientific: Strength assessment
Exhibit 25: Boston Scientific: Strategy assessment
Exhibit 26: Boston Scientific: Opportunity assessment
Exhibit 27: Medtronic: Revenue generation by segment FY2017 ($ millions)
Exhibit 28: Medtronic: Key highlights
Exhibit 29: Medtronic: Strength assessment
Exhibit 30: Medtronic: Strategy assessment
Exhibit 31: Medtronic: Opportunity assessment
Exhibit 32: TERUMO: Sales by geography in FY2016
Exhibit 33: TERUMO: Key highlights
Exhibit 34: TERUMO: Strength assessment
Exhibit 35: TERUMO: Strategy assessment
Exhibit 36: TERUMO: Opportunity assessment
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FEATURED COMPANIES

  • Abbott
  • B. Braun Melsungen
  • Boston Scientific
  • Cook Medical
  • ENDOCOR
  • Lombard Medical
  • MORE
New Report Released: - Global Nitinol-based Medical Devices Market 2017-2021

The author of the report recognizes the following companies as the key players in the global nitinol-based medical devices market: Abbott, Boston Scientific, Medtronic, and TERUMO.

Other Prominent Vendors in the market are: Acandis, B. Braun Melsungen, Biotronik, C. R. Bard, Confluent Medical Technologies, Cook Medical, ELLA-CS, ENDOCOR, JOTEC, Lombard Medical, Novatech, Rontis, and Stryker.

Commenting on the report, an analyst from the research team said: “One trend in the market is increasing mergers and acquisitions (M&A) for global expansion. Companies are expanding their global footprint and market share through M&A strategy. This provides the companies a platform to exchange their R&D proficiencies and technology among themselves. While at the same time, the smaller players have ample of future potential to grow through the large companies' platform provided by the acquisition of smaller players.”

According to the report, one driver in the market is emergence of next-generation hybrid guidewires?and stents. Hybrid guidewires and stents have seen technological advances over the years. Such guidewires can incorporate the features of individual wires. It has decreased the need for multiple wires and maintenance of a large inventory. Boston Scientific has launched hybrid guidewire designed specifically for the urologists. It combines the easy access of nitinol hydrophilic guidewire with the handling and security of a polytetrafluoroethylene (PTFE) wire. Hybrid guidewires can reduce the total number of wires used during a procedure as well as the time required for wire exchanges

Further, the report states that one challenge in the market is complications associated with manufacturing of nitinol-based devices. Nitinol-based devices have specific properties and are resistant to deformation. It makes machining of nitinol-based devices difficult. The machining of nitinol causes severe tool wear. Abrasive tools such as grinders and abrasive saws are preferred for cutting this material. It is also very difficult to join the alloy with dissimilar materials. Welding and brazing leads to solidification and cracking issues. For smaller components laser welding or microplasma welding can be used but a stress relieving heat treatment should be included in it.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Abbott
  • Boston Scientific
  • Medtronic
  • TERUMO
  • Acandis
  • B. Braun Melsungen
  • Biotronik
  • C. R. Bard
  • Confluent Medical Technologies
  • Cook Medical
  • ELLA-CS
  • ENDOCOR
  • JOTEC
  • Lombard Medical
  • Novatech
  • Rontis
  • Stryker
Note: Product cover images may vary from those shown
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The methodology is available for download below.
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