Title: Archie_123 (4)
1- What Is The Key Product Technology Defining The
Fine Medical Wire Market? - Prevalence of vascular disease is increasing at
an alarming rate. This disorder has a serious
impact on life expectancy and quality of life,
such as small vascular disorder can be a cause of
debility and distress. In fact, vascular
diseases are very common, may cause considerable
discomfort, and in cases of venous ulceration,
considerable disability. - Cardiovascular disorders (CVDs) put major burden
on the healthcare system as compared to other
disorders. Around 17.7 million people died from
CVDs in 2015, representing 31 of all global
deaths. Rising prevalence of CVD is driving
demand for fine medical wire for guide wires,
catheter reinforcements, and pacing leads, which
act as integral parts of medical devices. - Get Sample Copy of this Report _at_
https//www.persistencemarketresearch.com/samples/
32387 - COVID-19 negatively impacted demand for fine
medical wire in the first quarter of 2020. Global
lockdowns along with shutting of major economies
such as China halted demand and supply
activities. Shortage of fine medical wire along
with limited hospital visits due to the large
influx of COVID-19 patients jolted market
growth. - Persistence Market Research predicts that the
global fine medical wire market will exhibits
over 6 CAGR during the forecast period
(2020-2030). - Key Takeaways from Market Study
- Flat wires are dominating the market at present,
and are expected to continue to do so over the
forecast period as well. - Tungsten holds a major share in the metals
segment, and is expected to reach US 484 Mn
valuation by 2030, making it the predominant
growth contributing factor for the market as far
as material is concerned. - Endoscopics and vascular therapy combine to
contribute over 50 of the generated market
revenue. - China and India are the most flourishing nations
that offer significant potential for market
growth, with both markets expected to expand at
over 8 CAGR through 2030.
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