Medical Marker Bands Market Share, Size, Trends, Industry

The Business Research Company’s Medical Marker Bands Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Medical Marker Bands Global Market Report 2023 evaluates medical marker bands market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global medical marker bands market is expected to grow from $8.19 billion in 2022 to $8.64 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical marker bands market is expected to reach $10.2 billion in 2027 at a CAGR of 4.2%.

The rising incidence of cardiovascular diseases is expected to propel the growth of the medical marker band market forward. Cardiovascular diseases refer to diseases of the vascular system and heart functioning. Medical marker bands are used in cardiovascular surgical processes to aid with the guidance and placement of catheter devices. For instance, in March 2022, according to the Office for National Statistics, a UK-based national statistical authority, the number of deaths due to heart attacks was 20,061 in 2021, increasing from 19,440 in 2020. Furthermore, in October 2022, according to the American Heart Association, a US-based non-profit organization working to promote heart health, the death rate due to heart diseases increased by 4.1% in 2020 compared to 2019. Therefore, the rising incidence of cardiovascular diseases drives the medical marker band.

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The medical marker bands market segments in the report are:

1) By Product: Angiography Systems, Catheters, Guidewire, Balloons, Contrast Media, Vascular Closure Devices, Angiography Accessories

2) By Material: Gold, Platinum-Iridium, Platinum, Polymers, Palladium, Tantalum, Other Materials

3) By Procedure: Coronary, Endovascular, Neurovascular

4) By Application: Hospital, Medical Device Distributor, Other Applications

The table of contents in TBRC’s medical marker bands market report includes:

Executive Summary
Medical Marker Bands Market Characteristics
Medical Marker Bands Market Trends And Strategies
Medical Marker Bands Market – Macro Economic Scenario
Medical Marker Bands Market Segmentation.

Global Medical Marker Bands Market Competitive Benchmarking
Global Medical Marker Bands Market Competitive Dashboard
Key Mergers And Acquisitions In The Medical Marker Bands Market
Medical Marker Bands Market Future Outlook and Potential Analysis
Appendix

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