Global Stents Market, By Product (Coronary Stents, Peripheral Stents, Neurovascular stents, Stent-Related), Type (Self-Expandable Stents, Balloon-Expandable Stents), Material (Metallic, Polymer, Natural), End User (Hospitals, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Stents market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 17,618.22 million by 2028 and will grow at a CAGR of 5.63% in the above mentioned forecast period.
Stents are the type of fiber or metal tubes that are inserted into the lumen to keep the pathway open. This procedure is known as stenting. It is used for a variety of purposes such as opening of blood vessels at the time of procedures
The rapid rise in the cardiovascular disorders is amongst the important factor expected to intensify the growth and demand of stents market. In addition, the rapid advancement in healthcare technology and the unhealthy and hectic lifestyle are also expected contributes to the growth in the global market over the forecast period of 2021 to 2028. Also the rise in the geriatric population and rapid surge in the obese are also likely to enhance the growth of the market. Furthermore, the various innovations in the field of stunts and introduction of new and cost-effective stents are also amongst the significant factors expected to fuel the growth of the stents market.
The high demand for minimally invasive procedures, rapid advancement in healthcare technology and the well-developed healthcare infrastructure in the developing countries are anticipated to offer significant growth opportunities for the stents market in the forecast period of 2021 to 2028.
However, the stent failure and recall and the stringent regulatory approvals are expected to curb the growth of the stents market, whereas the high stents implants treatment cost can challenge the growth of the stents market.
This stents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on stents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Stents Market Scope and Market Size
Stents market is segmented on the basis of product, type, material and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the stents market is segmented into coronary stents, peripheral stents, neurovascular stents and stent-related. Coronary stents have further been segmented into bare metal stents, drug eluting stents and bioresorbable stents. Peripheral stents have further been segmented into iliac stents, femoral-popliteal stents, renal stents and carotid stents. Stent-related have further been segmented into synthetic grafts and vena cava filters.
- Based on type, the stents market is segmented into self-expandable stents and balloon-expandable stents.
- The material segment of the stents market is segmented into metallic, polymer and natural.
- On the basis of end user, the stents market is segmented into hospitals, ambulatory surgical centers and others.
Stents Market Country Level Analysis
Stents market is analyzed and market size insights and trends are provided by country, product, type, material and end user as referenced above.
The countries covered in the stents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the stents market owing to the rise in the minimally invasive surgeries and increase in the population of the people suffering from CVD and other high-risk factor requiring stenting procedures. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in the usage of vascular stents for cardiovascular diseases and the introduction of new and cost-effective stents.
The country section of the stents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Stents market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for stents market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the stents market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Stents Market Share Analysis
Stents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to stents market.
The major players covered in the stents market report are Boston Scientific Corporation, BD, Medtronic, Abbott, Cook, Merit Medical Systems, Novatech SA, Terumo Corporation, MicroPort Scientific Corporation, Fuji Systems Corp., MICRO-TECH EUROPE, Vascular Concepts, Olympus, Medtronic, W. L. Gore & Associates Inc., B. Braun Melsungen AG, Meditek Systems Pvt. Ltd., Biotronik SE & Co. KG, Teleflex Incorporated, and Thoracent, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Stents Market
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