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Bifurcation Lesions Market Growth , Key Companies, Regional Analysis And Forecast To 2031 | Spectranetics, Medtronic, Cardinal Health, Abbott, Tryton Medical Inc
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The global bifurcation lesions market report by the business research company identifies the increasing geriatric population is expected to be a major growth driver for 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, according to a report by United Nations on World Population Ageing 2019, 703 million people worldwide were 65 or older in 2019, and the older people population growth is predicted to double by 2050, reaching 1.5 billion. Additionally, approximately 7% of people between the ages of 45 and 65 have coronary artery disease (CAD), and this number rises to >20% for those over the age of 65. The prevalence of CAD increases with time in persons over 70 years, reaching a peak of approximately 30% in the decades following that age. Therefore, the increasing geriatric population will drive the bifurcation lesions market.
The global bifurcation lesions market is expected to grow from $2.12 billion in 2021 to $2.24 billion in 2022 at a compound annual growth rate (CAGR) of 5.59%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The bifurcation lesions market is expected to reach $2.97 billion in 2026 at a CAGR of 7.26%.
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North America was the largest region in the bifurcation lesions market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in bifurcation lesions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the bifurcation lesions market are Boston Scientific Corporation, Terumo Medical Corporation, Spectranetics, Medtronic, Cardinal Health, Abbott, Tryton Medical Inc, Advanced Bifurcation Systems, and Cook medical.
The global bifurcation lesions market is segmented -
1) By Types: One-Stent, Two-Stent
2) By Application: Coronary Vascular, Peripheral Vascular
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The Bifurcation lesions Market Report Contents Include
1. Executive Summary
2. Bifurcation Lesions Market Characteristics
3. Bifurcation Lesions Market Trends And Strategies
4. Bifurcation Lesions Market - Macro Economic Scenario
5. Bifurcation Lesions Market Size And Growth
....
26. Africa Bifurcation Lesions Market
27. Bifurcation Lesions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Bifurcation Lesions Market
29. Bifurcation Lesions Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the bifurcation lesions market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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