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HomeHigh TechGlobal Bifurcation Lesions Market Flourishes, Poised to Reach $3.18 Billion by 2027

Global Bifurcation Lesions Market Flourishes, Poised to Reach $3.18 Billion by 2027

Bifurcation Lesions Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company’s Bifurcation Lesions Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The market size of the bifurcation lesions is expected to grow to $3.18 billion in 2027 at a CAGR of 7.2%.”

— The Business Research Company

LANDON, GREATER LANDON, UK, November 23, 2023 /EINPresswire.com/ — The global bifurcation lesions market demonstrated robust growth, surging from $2.25 billion in 2022 to $2.4 billion in 2023, marking an impressive Compound Annual Growth Rate (CAGR) of 6.9%. Projections indicate sustained expansion, with the market size anticipated to reach $3.18 billion by 2027, maintaining a steady CAGR of 7.2%.

Geriatric Population Surge Drives Market Growth

The upswing in the geriatric population is expected to be a pivotal driver of the bifurcation lesions market. Individuals aged 60 and above are more susceptible to heart-related issues, making them prone to heart attacks, strokes, coronary heart disease, and heart failure. Bifurcation lesions play a crucial role in treating blood clots, ensuring adequate blood flow to the heart. According to the United Nations Department of Economic and Social Affairs’ September 2020 report, the population aged 65 and above is projected to increase from 9.3% in 2020 to approximately 16.0% in 2050. Furthermore, the World Health Organization’s October 2021 factsheet predicts that the global population aged over 60 will reach 1.4 billion by 2030, up from 1 billion in 2020. The escalating geriatric population is poised to propel the growth of the bifurcation lesions market.

Explore comprehensive insights into the global bifurcation lesions market with our detailed sample report:

Key Players Shaping the Market Landscape

Major players influencing the bifurcation lesions market include Boston Scientific Corporation, Terumo Medical Corporation, Spectranetics, Medtronic, Cardinal Health, Abbott, Tryton Medical Inc., Advanced Bifurcation Systems, and Cook Medical.

Advancements in Imaging and Procedures Fuel Market Trends

A key trend gaining traction in the bifurcation lesions market is the advancement in devices used in imaging and procedures. Leading companies in the market are directing their efforts towards enhancing existing devices used in imaging and procedures. For instance, Advanced Bifurcation Systems (ABS), a clinical-stage medical device firm, boasts a unique bifurcation stenting solution with modular self-aligning stent technology, effectively structuring bifurcations during coronary angioplasties. The ABS platform serves as a singular system, reducing the need for repeat procedures and facilitating efficient bifurcation stenting treatment.

Regional Dynamics and Market Segmentation

In 2022, North America claimed the largest share in the bifurcation lesions market, with Asia-Pacific emerging as the fastest-growing region in the forecast period. The market analysis report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The global bifurcation lesions market is segmented –

1) By Types: One-Stent, Two-Stent
2) By Application: Coronary Vascular, Peripheral Vascular

Access the complete report for an in-depth analysis and strategic insights into the bifurcation lesions market:

Bifurcation Lesions Global Market Report 2023 from TBRC covers the following information:

1. Market size date for the forecast period: Historical and Future
2. Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
3. Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Bifurcation Lesions Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on bifurcation lesions market size, bifurcation lesions market drivers and trends, bifurcation lesions market major players, competitors’ revenues, market positioning, and market growth across geographies. The bifurcation lesions market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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About The Business Research Company
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Originally published at https://www.einpresswire.com/article/670463176/global-bifurcation-lesions-market-flourishes-poised-to-reach-3-18-billion-by-2027

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