How Will The Fine Medical Wire Market Revitalize With Technology Coming In? - PowerPoint PPT Presentation

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How Will The Fine Medical Wire Market Revitalize With Technology Coming In?

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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. – PowerPoint PPT presentation

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Title: How Will The Fine Medical Wire Market Revitalize With Technology Coming In?


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How Will The Fine Medical Wire Market Revitalize
With Technology Coming In?
Report Id PMRREP32387 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition 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.
  • 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).

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Market Segmentation
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