Market Analysis and Insights:- North America Cardiac Stents Market

North America Cardiac Stents Market By Type (Bare-Metal Stents, Drug-Eluting Stents, Bio Absorbable Stents), By Mode of Delivery (Balloon-Expandable Stents, Self-Expanding Stents), By Material (Metallic Stents, Other Stents), By End User (Hospitals, Cardiac Centers, Ambulatory Surgical Centers), Country (U.S., Canada, Mexico) - Industry Trends and Forecast to 2026

Market Analysis: North America Cardiac Stents Market

North America cardiac stents market is registering substantial CAGR in the forecast period of 2019-2026. This rise in the market value can be attributed to the rise in elderly population, rising incidence of cancer and technical developments in ostomy products.

Market Definition: North America Cardiac Stents Market

Cardiac stents are tiny flexible pipes used in individuals with Coronary Artery Disease (CAD) to treat enclosed and barred coronary artery. It reduces chest pain symptoms (angina) and helps treat a heart attack. These stent types are also known as cardiac stents or stents. They consist of metal mesh and during a technique known as percutaneous coronary intervention (PCI) or angioplasties have been deployed in restricted coronary arteries.

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Market Drivers

  • Technological advancements in the fields of cardiac stents is boosting the growth of the market
  • Increased coronary artery diseases incidence and subsequent PCI growth is driving the growth of the market
  • Growing demand for minimally invasive procedures is surging the growth of the market
  • Increasing geriatric population is propelling the growth of the market

Market Restraints

  • Alternative coronary artery disease therapy availability is hampering the growth of the market
  • Product approval strict regulations is hindering the growth of the market
  • Product failure and cancellation of the product is restricting the growth of the market

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Segmentation: North America Cardiac Stents Market

By Type

  • Bare-Metal Stents
  • Drug-Eluting Stents
  • Bio absorbable Stents

By Mode of Delivery

  • Balloon-Expandable Stents
  • Self-Expanding Stents

By Material

  • Metallic Stents
    • Cobalt Chromium
    • Platinum Chromium
    • Nickel Titanium
    • Stainless Steel
  • Other Stents

By End User

  • Hospitals
  • Cardiac Centers
  • Ambulatory Surgical Centers

By Country

  • U.S.
  • Canada
  • Mexico

Key Developments in the Market:

  • In May 2019, Boston Scientific announced the approval by the U.S. Food and Drug Administration (FDA) of the VICI VENOUS STENT system for the treatment of the disease of iliofemoral blood venous disease when blood flow in deep veins in a pelvic area is blocked by blood clots and anatomical abnormalities compressed. For those with venous obstructive disease, this stent can affect their quality of life without optimized treatment options for the disease.
  • In April 2019, BIOTRONIK announced the commercial launch of the coronary stent system covered by PK Papyrus to be used in acute coronary perforations emergency treatment in the United States. In nearly two decades, PK Papyrus is the initial FDA-approved device for the treatment of acute coronary artery punching. The coronary stent is available in seventeen sizes and is the only U.S. market French-compatible coronary stent.

Competitive Analysis:

North America cardiac 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 Cardiac stents market for Asia-Pacific.

Key Market Competitors:

Few of the major market competitors currently working in the North America cardiac stents market are Medtronic, Abbott, Boston Scientific Corporation, Biosensors International Group, Ltd., B. Braun Melsungen AG, Biotronik, Terumo Corporation, MicroPort Scientific Corporation, Meril Life Sciences Pvt. Ltd., Vascular Concept., Alvimedica, STENTYS SA, among others.

Research Methodology: North America Cardiac Stents Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

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The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others

Reasons to Purchase this Report

  • Current and future of North America Cardiac stents market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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