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Global Sales of Bifurcation Lesion Devices Are Reach A Industry Valuation of US$ 4.26 Billion by 2033

01-27-2023 04:52 AM CET | Health & Medicine

Press release from: fact.mr

Bifurcation Lesions

Bifurcation Lesions

The global bifurcation lesions market was valued at US$ 2.25 billion in 2022. Global sales of bifurcation lesion devices are expected to increase at a CAGR of 6% and reach a market valuation of US$ 4.26 billion by the end of 2033.

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Rising demand for the treatment of coronary bifurcation lesions is due to the availability of treatments specifically designed to treat lesions near the coronary bifurcation, their greater awareness about the treatment procedures, and an increase in percutaneous coronary intervention operations.

Competitive Landscape

Key players in the global bifurcation lesions market are developing improved solutions by employing innovative technologies. They are also focusing on collaborations and purchases to improve their product line and generate more income.

• On June 10, 2019, eight interventional product categories underwent new group purchasing product agreements with Premier owing to Cordis, a Cardinal Health Company.

• A brand-new, innovative radial to periphery self-expanding stent was introduced by Terumo in September 2019. The corporation benefited from the introduction of this new product by growing its product line and increasing income.

• Abbott announced the introduction of Ultreon 1.0 Software powered by Al, a coronary imaging platform, in Europe in April 2021. The software's goal is to increase calcium-based blockage identification and artery diameter measurement while coronary stenting operations.

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Key Companies Profiled:

• Abbott
• Boston Scientific Corporation
• C. R. Bard, Inc.
• Cardinal Health
• Johnson& Johnson Services, Inc.
• Medtronic
• Spectranetics
• Terumo Medical Corporation

"Growing Healthcare Infrastructure & High Demand for Minimally Invasive Surgery"

The healthcare infrastructure in many countries is growing rapidly, and this is leading to an increased demand for minimally invasive surgery. Minimally invasive surgery is a type of surgery that uses small incisions and specialized instruments to perform a procedure. This type of surgery has many advantages over traditional open surgery, including shorter recovery times, less pain, and fewer complications. As the healthcare infrastructure continues to grow, more hospitals and medical centers are investing in the necessary equipment and training to offer minimally invasive surgery.

This increased demand for minimally invasive surgery is driving the development of new technologies and techniques that make it easier and safer for surgeons to perform these procedures. Additionally, the growing demand for minimally invasive surgery is creating new job opportunities for medical professionals who specialize in this field.

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Key Segments:

• By Type :

o One-stent Bifurcation Lesions
o Two-stent Bifurcation Lesions

• By Application :

o Coronary Vascular
o Peripheral Vascular

• By Region :

o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o MEA

Questionnaire answered in the report include:

• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?

Explore Fact.MR's More Insights on the Healthcare Domain

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ENT Medical Devices Market: https://www.prnewswire.com/news-releases/ear-nose-throat-ent-medical-devices-manufacturers-target-applications-in-cataract--glaucoma-treatment-factmr-301262063.html

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