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Rising Geriatric Population Fuels Growth In The Bifurcation Lesions Market: An Emerging Driver Transforming The Bifurcation Lesions Market Landscape
The Bifurcation Lesions Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Bifurcation Lesions Market?
In recent times, the market size for bifurcation lesions has seen a robust growth. This market is projected to expand from $2.63 billion in 2024 to $2.86 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.5%. The upward trajectory in the past can be associated with an increase in the incidence of coronary artery diseases, surge in the elderly population, growth in healthcare spending, and economic progression.
The market size of bifurcation lesions is predicted to exhibit significant expansion in the upcoming years, estimated to reach $4.02 billion in 2029 growing at a compound annual growth rate of 8.9%. The growth during the foresight period can be linked to the mounting demand for minimally invasive surgical procedures, the development of healthcare frameworks and establishments, a rising rate of cardiovascular diseases and governmental health policies. The major tendencies during the prediction period encompass patient-oriented methodologies, the use of bioresorbable stents, the incorporation of artificial intelligence and machine learning, and cross-disciplinary cooperation.
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What Are the Different Bifurcation Lesions Market Segments?
The bifurcation lesions market covered in this report is segmented -
1) By Types: One-Stent, Two-Stent
2) By Application: Coronary Vascular, Peripheral Vascular
Subsegments:
1) By One-Stent: Single-Stent Deployment, Balloon-Expandable Stents, Self-Expanding Stents
2) By Two-Stent: Crush Technique, T- or Y-Configuration Stenting, Side Branch Stenting Techniques
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What Are the Primary Drivers Shaping the Bifurcation Lesions Market?
The growth of the bifurcation lesions market is anticipated to be propelled by the rise in the aging population. Individuals over 60 have a higher risk of experiencing heart attacks, strokes, or developing coronary heart disease and heart failure compared to their younger counterparts. In such situations, bifurcation lesions can be beneficial in treating blood clots, facilitating sufficient blood flow to the heart. For example, a report released by the World Health Organization (WHO), a Swiss agency in charge of global public health, forecasted in October 2022 that by 2030, one in six people worldwide would be at least 60 years old. By 2050, the global population ageing 60 and above will reach 2.1 billion. Moreover, the number of individuals aged 80 or more is expected to rise by 426 million from 2020 to 2050 against the present population. Consequently, the growing elderly population is likely to propel the bifurcation lesions market's expansion.
Which Companies Are Leading in the Bifurcation Lesions Market?
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., MicroPort Scientific Corporation, OrbusNeich Medical Company Limited, Biotronik SE & Co. KG, Cardionovum GmbH, Elixir Medical Corporation, Medinol Ltd., Meril Life Sciences Pvt. 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.
What Are the Major Trends Shaping the Bifurcation Lesions Market?
Innovation in imaging and procedure devices is a prominent trend gaining traction in the bifurcation lesions market. Major market players are focusing on enhancing the technologies of existing devices used in imaging and procedures. For example, Advanced Bifurcation Systems (ABS), a medical device company in clinical trials, offers a unique solution for bifurcation stenting to homogenize the treatment of all bifurcation lesions in coronary angioplasties. The ABS platform, which features the only modular self-aligning stent technology for bifurcations, is a distinctive single system that minimizes the necessity for reoperations and ensures effective bifurcation stenting treatment.
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What Are the Top Revenue-Generating Geographies in the Bifurcation Lesions Market?
North America was the largest region in the bifurcation lesions market in 2024. 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bifurcation Lesions Market?
2. What is the CAGR expected in the Bifurcation Lesions Market?
3. What Are the Key Innovations Transforming the Bifurcation Lesions Industry?
4. Which Region Is Leading the Bifurcation Lesions Market?
Why This Report Matters:
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