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The bifurcation lesions market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

Read More On The Bifurcation Lesions Market Report 2022 – https://www.thebusinessresearchcompany.com/report/bifurcation-lesions-global-market-report

The Bifurcation Lesions Market Size In 2022 And Forecast

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%.

The bifurcation lesions consist of sales of bifurcation lesions by entities (organizations, sole traders, and partnerships) that refer to a coronary artery constriction that occurs next to or involves the origin of a vital side branch one does not want to lose.

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Increase In The Geriatric Population Is Driving The Growth Of The Bifurcation Lesions Market

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.

Competitive Landscape And The Regional Analysis Of The Bifurcation Lesions Market

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.

Additionally, as per TBRC’s research – North America was the largest region in the bifurcation lesions market in 2021 holding the largest market share and Asia Pacific is expected to be the fastest-growing region in the forecast period.

The Bifurcation Lesions Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the bifurcation lesions market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the bifurcation lesions market.

Advancing In Devices – A Key Trend In The Bifurcation Lesions Market

The advancement in devices used in imaging and procedures is a key trend that is gaining popularity in the bifurcation lesions market. Major companies operating in the market are concentrating their efforts on advancements in existing devices used in imaging and procedures.

Bifurcation Lesions Market Segmentation By The Business Research Company

1) By Types: One-Stent, Two-Stent

2) By Application: Coronary Vascular, Peripheral Vascular

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