Nitinol, also referred to as nickel-titanium alloy, is considered to be a helpful shape memory alloy in biomedicine. It is immune towards heat and decay and is bio-friendly. The population of old people and vascular diseases around the globe are on rise. These are responsible for driving the nitinol medical devices market to a huge extent.
The nitinol medical devices market also displays huge prospects for further growth in developing economies. It is segmented on the basis of final healthcare constituents, semi-finished unprocessed materials and geographical regions. The features of nitinol are highly encouraging and propelling further demand for this market. Makers use these features to their advantage by making medical devices as per requirements.