Global Nitinol-based Medical Device Market Growth 2025-2031

Global Nitinol-based Medical Device Market Growth 2025-2031

The global Nitinol-based Medical Device market size is predicted to grow from US$ 23970 million in 2025 to US$ 43840 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.

Nitinol is a special metal that have the ability to restore their original shape after severe deformation. The nitinol medical devices include nitinol stents, nitinol guidewires, nitinol filters etc.

Global Nitinol-based Medical Device key players include Abbott, Medtronic, Boston Scientific, TERUMO, BD, etc. Global top five manufacturers hold a share over 85%.

North America is the largest market, with a share about 45%, followed by Europe, and Asia-Pacific, both have a share about 45 percent.

In terms of product, Guidewires is the largest segment, with a share over 45%. And in terms of application, the largest application is Vascular, followed by Orthopedic and Dental, etc.

LP Information, Inc. (LPI) ' newest research report, the “Nitinol-based Medical Device Industry Forecast” looks at past sales and reviews total world Nitinol-based Medical Device sales in 2024, providing a comprehensive analysis by region and market sector of projected Nitinol-based Medical Device sales for 2025 through 2031. With Nitinol-based Medical Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nitinol-based Medical Device industry.

This Insight Report provides a comprehensive analysis of the global Nitinol-based Medical Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Nitinol-based Medical Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nitinol-based Medical Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nitinol-based Medical Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nitinol-based Medical Device.

This report presents a comprehensive overview, market shares, and growth opportunities of Nitinol-based Medical Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Stents
Guidewires
Others

Segmentation by Application:
Vascular
Orthopedic and Dental
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Medtronic
Edwards Lifesciences
Abbott
Boston Scientific
TERUMO
BD
Cordis
Cook Medical
B. Braun
Biotronik
Stryker
JOTEC
MicroPort
Acandis
ELLA-CS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Nitinol-based Medical Device market?

What factors are driving Nitinol-based Medical Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Nitinol-based Medical Device market opportunities vary by end market size?

How does Nitinol-based Medical Device break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.