Radiopacity of medical marker bands is giving significant impetus to their demand in the medical marker bands market. The properties of medical marker bands that increases their visibility under fluoroscopes or x-ray during critical procedures is giving an uptick to their sales worldwide. Manufacturers of medical marker bands are also showing a marked preference for cost-effective materials such as polymer and tantalum instead of traditional gold, platinum and palladium. On the back of these factors, Fact.MR- a well-established name in the market research domain-forecasts that the global medical marker bands market will experience a major upsurge, reaching a growth of ~ US$ 28 Mn by 2029.
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Key Takeaways of Medical Marker Bands Market
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“Critical manufacturing processes involved in the production of medical marker bands can be made more cost-effective through progressive automation technologies with advanced software platforms, robotics, and sophisticated techniques which are expected to positively impact the medical marker bands market,” says the Fact.Mr Analyst.
Acquisitions and Mergers Signify Growth in a Fragmented Market
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The research study on medical marker bands market by Fact.MR incorporates an unbiased assessment of key demand-driving factors and trends which have shaped the landscape of medical marker bands over 2014 – 2018 and includes a detailed assessment of key parameters that are anticipated to exert influence over 2019 – 2029. Market statistics have been presented on the basis of material (gold, platinum-iridium, platinum, polymer, palladium, tantalum, and others) across seven major regions.
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