Global stents market is registering a substantial CAGR of 6.85% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to the surging acquisition of minimally invasive techniques with surging rate of cardiovascular surgeries and restless lifestyle coupled with rising elderly and obese population base is expected to drive the market.
This Stents market research report comprises of fundamental, secondary and advanced information related to the global status and trend, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2019 – 2026. Market drivers, market restraints, opportunities and challenges are studied under the topic of market overview, which gives valuable insights to businesses for taking right moves. Additionally, this Stents market report presents a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, gross and gross margin.
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Few of the major market competitors currently working in the global stents market are, B. Braun Melsungen AG, Abbott, Medtronic, Boston Scientific Corporation, Johnson & Johnson Services Inc., BD, Biotronik SE & Co. KG, Elixir Medical Corporation, MicroPort Scientific Corporation, STENTYS SA, Biosensors International Group, Ltd., Vascular Concept, Cook, Hexacath, Terumo Corporation, MICRO-TECH Europe, Teleflex Incorporated, Merit Medical Systems, Novatech SA, and Fuji Systems among others.
Key Developments in the Market:
- In May 2019, Olympus had launched HANAROSTENT self-expanding metal stents (SEMS). It is easily placed under fluoroscopic and endoscopic guidance so that the patency is restored with a design that minimizes the migration risk. It is efficient as well as it provides the clinical value and economic value. This product launch has expanded the company product portfolio and the benefit associated with the product will position the company as a market leader.
- In February 2018, Medtronic had launched First 2.0 mm Drug-Eluting Stent in the U.S. designed to treat patients with small vessels. It enables cardiologists to diagnose patients of small vessels with coronary artery disease (CAD). This product launch will expand the product portfolio and will position the company as an innovator in the stent market.
Competitive Analysis:
Stents market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of stents market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
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Market Drivers
- The surge in the obese and elderly population has driven the market growth
- The rising prevalence of chronic diseases has boosted the market growth
- The various innovations in the field of stunts is propelling the market growth
- Healthcare infrastructure in the developing countries has improved which contributes to market growth
- The insurance and reimbursement has improved which fuels the market growth
Market Restraints
- The stents implants treatment cost is high which restrict the market growth
- The compliances and stringent approval for stents hinders the growth of the market
Segmentation: Global Stents Market
By Product
- Coronary Stents
- Drug-Eluting Stents (des)
- Bare-Metal Coronary Stents
- Bioabsorbable Stents
- Peripheral Stents
- Iliac Stents
- Femoral-Popliteal Stents
- Renal & Related Stents
- Carotid Stents
- Stent-Related Implants
- Synthetic Grafts
- Vena Cava Filters
By Biomaterial
- Metallic Biomaterials
- Polymeric Biomaterials
- Natural Biomaterials
By End User
- Hospital
- Cardiac Centers
- Others
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
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