With the rising demand for drug eluting stents, the global coronary stents market is prognosticated to witness rapid growth in the coming years. In a report, titled, “Coronary Stents Market Size, Share and Gl obal Trend By Deployment (Self and Balloon-expandable), Stent Type (Drug Eluting Stent, Bioresorbable Stent, Bare Metal Stent, Covered Stent and Others), End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Catheterization Labs) and Geography Forecast till 2025”, Fortune Business Insights identifies various factors enabling growth in the market. As per the report, the global coronary stents market is expected to reach a value of US$ 8,414.5 Mn by 2025, from US$ 5,244.9 Mn in 2017, with a promising CAGR of 6.1%.
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Leading Players operating in the Coronary Stents Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Medtronic
- Abbott
- Terumo Corporation
- R. Bard, Inc.
- Cardinal Health
- Boston Scientific Corporation
- Braun Melsungen AG
- MicroPort Scientific Corporation
- Cook
- Biotronik SE & Co. KG.
Increasing Demand for Self-Expandable Stents to Augment Growth
Manufacturers have introduced next generation drugs in the drug eluting stents segment. The widespread distribution of drug eluting systems around the world is likely to help this segment emerge dominant. In 2017, the drug eluting stents systems segment accounted for 65.8% share in the market. This segment is also expected to continue dominating the market during the forecast period.
Similarly, the self-expandable stents segment will show faster growth among other segments based on deployment. This is owing to the expansion of the regional and local markets for coronary stent material across the globe. In addition to this, clinically proven efficiency of self-expandable stents as compared to its counterparts will boost the coronary stents market.
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Prevalence of Coronary Artery Diseases (CAD)- Key Countries, 2017
- Health Reimbursement Scenario- Key Countries
- Regulatory Scenario- Key Countries
- Pricing Analysis
- Key Industry Developments – Partnerships, Mergers & Acquisitions
- Global Coronary Stents Market Analysis, Insights and Forecast, 2014-2025
- Key Findings / Summary
- Market Analysis, Insights and Forecast – By Deployment
- Self-Expandable
- Balloon Expandable
- Market Analysis, Insights and Forecast – By Stent Type
- Drug Eluting Stents (DES)
- Bioresorbable Stents
- Bare Metal Stents
- Covered Stents
- Others
- Market Analysis, Insights and Forecast – By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- 4.4 Catheterization Labs
- Market Analysis, Insights and Forecast – By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market Analysis, Insights and Forecast – By Region
Market Segmentation:
By Stent Type
- Drug-Eluting Stent
- Bioresorbable Stent
- Bare Metal Stent
- Covered Stent
- Others
By Deployment
- Self-expandable
- Balloon-expandable
By End-User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Catheterization Labs
By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Coronary Stents Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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KEY QUESTIONS ANSWERED:
- What are the key technological and Coronary Stents Market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- Why Choose Fortune Business Insights?
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Coronary Stents Market growth?
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