Vascular Stents Market Overview
MRFR (Market Research Future) anticipates that the vascular stents market 2020 could project a CAGR of 7.7% over the appraisal period (2019 to 2025). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.
Vascular Stents Market have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective Vascular Stents Market has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning market size.
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Vascular Stents Market Segmentation
Vascular stents industry can be categorized with respect to type, material and end user.
The various types of vascular stents available in the market are peripheral stents, evar stent grafts and coronary stents. Some types of peripheral stents are renal artery stents, carotid artery stents, iliac artery stents, femoral artery stents, and more. The evar stent grafts types are thoracic aortic aneurysm stents and abdominal aortic aneurysm stents. It is expected that the coronary stents segment can take the lead in the coming period, on account of the surging cases of coronary artery diseases along with the surge in technological advances in coronary stents.
The materials considered in the MRFR market study are ceramics stents, polymers stents and metallic stents. Polymers stents should emerge as the top segment in the global market with the biggest share, as a result of the rising uptake of bioabsorbable stents in procedures and the constant technological innovations taking place with respect to these stents.
Some of the major market end users are cardiac centers, ambulatory surgical centers and hospitals. The hospitals segment could secure the top spot in the market owing to the mounting number of hospitals that specialize in angioplasty procedures and the expanding pool of highly skilled medical professionals.
Vascular Stents Market Regional Analysis
The market for vascular stents has been regionally divided into Europe, the Americas, MEA or Middle East & Africa and Asia Pacific or APAC.
The Americas can end up being the most attractive market in the near future, as the need for vascular stents has been increasing in line with the rising cases and the high uptake of advanced technologies. High demand for minimally invasive procedures in Canada and the US can be another key growth rendering factor in the regional market. Sizeable investments that go into healthcare researches, favorable government policies, successful treatments and early diagnosis rate are a few other factors that encourage market growth in the region.
The APAC market could observe consistent growth throughout the analysis period, thanks to the rising prominence of vascular disease combined with the rapidly burgeoning elderly population. Other key contributing factors could be the escalating cases of cardiovascular diseases, increased consumption of modern technologies, and the cheaper manufacturing costs pertaining to medical devices.
Vascular Stents Market Players
· Abbott Laboratories
· Boston Scientific Corporation
· Medtronic Plc.
· Terumo Corporation
· Microport Scientific Corporation
· Vascular Concepts
· C. R. Bard
· Merril Life Sciences
· Biotronic SE & Co. KG
· Cordis Corporation
· Others
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Market SegmentationThe MRFR report offers an inclusive segmental analysis of the global vascular stents market report based on end user, material, and type.By type, the global vascular stents market is segmented into evar stent grafts, peripheral stents, and coronary stents.
Peripheral stents are again segmented into iliac artery stents, femoral artery stents, renal artery stents, carotid artery stents, and others.
Evar stent grafts are again segmented into thoracic aortic aneurysm stents and abdominal aortic aneurysm stents.The MRFR report offers an inclusive segmental analysis of the global vascular stents market report based on end user, material, and type.Various factors are propelling the global vascular stents market growth.
As per the latest MRFR report, such factors include short recovery time, low risk of infection, increasing obese population, and technological advancements.The global vascular stents market had been valued at USD 7.7% CAGR in 2018 and is predicted to grow at a healthy 7.7% CAGR between 2019- 2025, as per the recent analysis by Market Research Future (MRFR).
Vascular stents, simply put, are small tube-like medical devices that are placed into arteries or blood vessels to open any blockage in the vessel.
It is a valuable tool to treat various forms of coronary diseases and used to widen narrow vessels to prevent chest pain and heart attack.Increasing spending in healthcare research, rising preference for minimally invasive procedures in Canada and the US, high adoption of new technology, and rising cases of vascular diseases are adding to the global vascular stents market growth in the region.The global vascular stents market in Europe is predicted to hold the second-largest share over the forecast period.
Vascular Stents Market: IntroductionAccording to the report, the global vascular stents market was valued at US$ 7.6 Bn in 2018 and is projected to expand at a CAGR of ~5% from 2019 to 2027.
Drug eluting stents (DES) are comparatively newer to bare metal stents (BMS) and have been able to capture the latter’s market share of the global vascular stents market to become market leader.
Peripheral vascular stents segment is further divided into sub-segments, including fem-pop artery stents, iliac artery stents, and infrapop artery stents.
According to the European Heart Network, CVD causes 3.9 million deaths in Europe each year.Self-expanding Stents to be Highly AttractiveIn terms of delivery method, the global vascular stents market has been classified into balloon expandable stents and self-expanding stents.
Self-expanding stents offer improved clinical outcomes, as they induce less injury at implantation and achieve better vessel wall apposition.Request Customization on Vascular Stents Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR_id=8191 Cobalt-Chromium Stent to Account for Major ShareBased on material, the global vascular stents market has been categorized into cobalt-chromium stent, platinum-chromium stent, nitinol stent, stainless steel stent, and bioresorbable polymer stent.
Advantages offered by cobalt chromium, such as strength, non-ferromagnetism, biocompatibility, and high resistance to corrosion and fatigue are expected to increase the usage of cobalt chromium for stents during the forecast period.
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The report contains 153 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.
It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
Gore and Associates, Inc.Endologix, Inc.Lombard MedicalTranslumina GmbhJotec Gmbh Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering North America (United States, Canada and Mexico)Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)Asia Pacific (China, Japan, India, Southeast Asia and Australia)Latin America (Brazil, Argentina and Colombia)Middle East and Africa On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Bare-metal StentsDrug-eluting StentsBioabsorbable Stents By Application, the market can be split into Hospitals & Cardiac CentersAmbulatory Surgical Centers The Report covers in-depth analysis as follows:Chapter 1 Overview of Vascular StentsChapter 2 Global Market Status and Forecast by RegionsChapter 3 Global Market Status and Forecast by TypesChapter 4 Global Market Status and Forecast by Downstream IndustryChapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream IndustryChapter 10 Market Driving Factor Analysis of Vascular StentsChapter 11 Vascular Stents Market Competition Status by Major ManufacturersChapter 12 Vascular Stents Major Manufacturers Introduction and Market DataChapter 13 Upstream and Downstream Market Analysis of Vascular StentsChapter 14 Cost and Gross Margin Analysis of Vascular StentsChapter 15 Report ConclusionChapter 16 Research Methodology and Reference Buy this report@ https://www.upmarketresearch.com/buy/vascular-stents-market“Global Vascular Stents Market Industry Analysis and Forecast 2018-2025” report helps the clients to take business decisions and to understand strategies of major players in the industry.
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