According to the report in 2017, the Global Cardiovascular Stent Market stood worth US$ 7838.9 Mn. Additionally, the global market is projected to progress at a CAGR of 6.6% and value US$ 13,100.2 Mn by the end of 2025.
Rapid adoption of sedentary lifestyle is expected to enable growth in the Global Cardiovascular Stent Market. Recently a report, titled “Cardiovascular Stents Market Size, Share and Global Trend By Product Type (Coronary Stenting, Peripheral Stenting), Stent Type (Drug Eluting Stents (DES), Bioresorbable Stents, Bare Metal Stents & Others), Disease Indication (Venous Disease, Arterial Disease), End User and Geography Forecast by 2025” was published by Fortune Business Insights that offers a bird’s eye view of the global market.
The report also offers insights into factor impacting growth across various segments of the global cardiovascular stent market. North America is forecast to continue leading the global cardiovascular stent market. The North America market for cardiovascular stent war valued at US$ 2,344.9 Mn in 2017. The growth witnessed in the region is attributable to the increasing clinical trial taking place on novel stents in the U.S.
Moreover, Asia Pacific is witnessing impressive growth and is expected to progress at a relatively higher CAGR. Improvements in distribution channel and manufacturing of cardiovascular stent in nation such as India and Australia are anticipated to propel the demand in the global cardiovascular stent market. India, has put in extra efforts to make cardiovascular stents available across the country by using price capping strategy. This is likely to increase growth opportunities for the market in the region.
Request a Sample PDF of Report: https://www.fortunebusinessinsights.com/enquiry/sample/cardiovascular-stents-market-100061
Introduction of Stent with Innovative Features to Drive Market
In terms of disease type, venous disease segment is expected to witness growth during the forecast period. In terms of end user, the hospital segment is anticipated to expand considerably, exhibiting the highest demand for cardiovascular stents during the forecast period. The growth is attributed to increasing patient pool and availability of qualified surgeons and doctors. The growth projected is expected to increase the demand in the global cardiovascular stent market.
Some of the key factors anticipated to drive the global cardiovascular stent market during the forecast period 2018-2025 are increasing incidence of cardiovascular diseases and high adoption of unhealthy lifestyle. Moreover, increasing obese population and introduction of new stents are likely to propel the demand in the global market.
According to the report, market players are emphasizing on the development of environment-friendly and decomposable stents, in order to address most common concerns among and introduce major improvements in stents. Huge investments are made by key market players to conduct research and development to achieve the goal and develop stents with better features. These factors are likely to aid the expansion of the global cardiovascular stents market in the coming years.
On the flip side, side effects associated with implanting cardiovascular stent and the high cost involved in the treatment are factors that may hamper the growth in the global cardiovascular stent market during the forecast period.
Major Players are Likely to Diversify Product Portfolio to Establish Strong Foothold
Boston Scientific Corporation, Medtronic, and Abbott, together hold a significant share in the global cardiovascular stent market. These organizations boast a strong distribution network and diverse product portfolio, which are among the key factors aiding their expansion. Abbott, held major share in the India market due to the wide adoption of its products in the country. However, Abbott has withdrawn its product from the Indian market and this may negatively impact on Abbott’s market position. Biotronik SE & Co. KG, Cardinal Health, Cook, C. R. Bard, Inc., MicroPort Scientific Corporation, Terumo Corporation, and B. Braun Melsungen AG are some of the other players operating in the global cardiovascular stents market.
Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/cardiovascular-stents-market-100061
MAJOR TABLE OF CONTENT:
1.Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2.Executive Summary
3.Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4.Key Insights
4.1 Prevalence of Key Cardiovascular Diseases- Key Countries, 2017
4.2 Health Reimbursement Scenario- Key Countries
4.3 Regulatory Scenario- Key Countries
4.4 Pricing Analysis
4.5 Recent Industry Developments – Partnerships, Mergers & Acquisitions
5.Global Cardiovascular Stents Market Analysis, Insights and Forecast,2014-2025
5.1. Key Findings/ Summary
5.2. Market Analysis, Insights and Forecast – By Procedure Type
5.2.1 Coronary Stenting
5.2.2 Peripheral Stenting
5.3. Market Analysis, Insights and Forecast – By Stent Type
5.3.1 Drug Eluting Stents (DES)
5.3.2 Bioresorbable Stents
5.3.3 Bare Metal Stents
5.3.4 Others
TOC Continued…!
Order a Single or Corporate License Copy: https://www.fortunebusinessinsights.com/checkout-page/100061
About us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245