Coronary Stents Market Size (2020 to 2025)
The size of the global coronary stents market was worth USD 8.9 billion in 2020 and predicted to grow 12.9 billion by the end of 2025, showcasing a CAGR of 7.6% between 2020 to 2025.
Key Market Drivers:
The rise in the number of heart-related diseases in people, as 17.9 million people live with heart diseases. Drawing huge funds and investments from government and private organizations in the healthcare industry are influencing market demand. The surge in demand for advanced treatments with new technologies and well-developed healthcare infrastructure are some positive factors successfully driving the market growth. Extensive rise in population and the growing patient count, upsurge in knowledge in people about the diagnosis and the treatment, and the advanced treatments being used are likely to propel the growing market demand.
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Significant Challenges:
However, the cost associated with the diagnosis and treatment is touching the sky day by day, where normal people cannot afford it, impeding the market growth. Lack of knowledge about the initial diagnosis of treatment and the dearth of expertise professionals required at the treatment time is hindering the market demand.
Impact of COVID-19 on the global coronary stents market:
The COVID-19 outbreak across the world has affected millions of people and also led to death. Many industries have been affected by the pandemic situation, especially healthcare. To control the spread of coronavirus, all the surgeries were either postponed or canceled during the first half of 2020. As doctors are front liners in the fight against COVID 19, they only preferred emergency cases. Non-emergency cases are not treated during the pandemic situation. Moreover, patients at high risk or who are in urgent need of interventional procedures received the treatment during these tough times with high preventive measures.
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This research report on the global coronary stents market has been segmented & sub-segmented based on the type, mode of delivery, material, end-user, and region.
By Type:
- Bare Metal Stents
- Drug-Eluting Stents
- Bioabsorbable 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 Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
Geographically, North America is ruling the coronary stent market during the forecast period as it is engaged with a prominent share. The market size of the region is expected to reach USD 4.12 billion by 2025. The presence of key players coming up with new devices with advanced technologies and rising concentration on new devices are uplifting the market growth. The United States is leading the market in the region, followed by Canada. Canada is expected to have a quick growth rate due to the increasing requirement of medical devices enlarging the coronary stent market over the period. Coronary heart disease accounts for 1 in 7 deaths in the U.S, and around 360,000 people die every year due to this disorder.
Europe’s market size for the coronary stent is projected to grow with a CAGR of 7.2% during the assessment period. The market is driven by a surge in the aging population and the adoption of sedentary lifestyles leading to major health issues like a heart attack. Germany is predicted to lead the market due to an increase in demand for these stents in executing the surgeries.
The coronary stents market size of Asia-Pacific was worth 1.66 billion in 2020, and the region is estimated to be quickly growing globally. Technology advancements in devices used for performing the surgeries are escalating the market demand. China is said to be the leading market in the region. The Chinese market is driven by growing demand for minimally invasive procedures.
NOTABLE COMPANIES IN THIS MARKET:
Companies such as Medtronic plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), Biosensors International Group, Ltd. (Singapore), BIOTRONIK SE & Co. KG (Germany), B Braun Melsungen AG (Germany), TERUMO CORPORATION (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Vascular Concepts (India) and Translumina GmbH (Germany) are currently playing a dominating the global coronary stents market.
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List of Tables & Figures of the report:
- Global Coronary Stent Market, By Region, From 2020 to 2025 (USD Billion)
- Global Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Global Bare-metal stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Drug eluting stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Bioabsorbable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Global Ballloon expandable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Self expanding stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Global Metallic stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Other stents Market, By Region, From 2020 to 2025 (USD Billion)
- Global Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Global Hospitals Market, By Region, From 2020 to 2025 (USD Billion)
- Global Cardiac centres Market, By Region, From 2020 to 2025 (USD Billion)
- Global Ambulatory surgical centres Market, By Region, From 2020 to 2025 (USD Billion)
- North America Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- North America Bare-metal stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Drug eluting stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Bioabsorbable stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- North America Ballloon expandable stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Self expanding stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- North America Metallic stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Other stents Market, By Region, From 2020 to 2025 (USD Billion)
- North America Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- North America Hospitals Market, By Region, From 2020 to 2025 (USD Billion)
- North America Cardiac centres Market, By Region, From 2020 to 2025 (USD Billion)
- North America Ambulatory surgical centres Market, By Region, From 2020 to 2025 (USD Billion)
- United States Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- United States Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- United States Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- United States Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Canada Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Canada Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Canada Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Canada Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Europe Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Europe Bare-metal stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Drug eluting stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Bioabsorbable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Europe Ballloon expandable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Self expanding stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Europe Metallic stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Other stents Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Europe Hospitals Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Cardiac centres Market, By Region, From 2020 to 2025 (USD Billion)
- Europe Ambulatory surgical centres Market, By Region, From 2020 to 2025 (USD Billion)
- K. Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- K. Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- K. Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- K. Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Germany Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Germany Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Germany Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Germany Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- France Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- France Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- France Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- France Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Italy Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Italy Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Italy Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Italy Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Spain Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Spain Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Spain Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Spain Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Asia Pacific Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Asia Pacific Bare-metal stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Drug eluting stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Bioabsorbable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Asia Pacific Ballloon expandable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Self expanding stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Asia Pacific Metallic stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Other stents Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Asia Pacific Hospitals Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Cardiac centres Market, By Region, From 2020 to 2025 (USD Billion)
- Asia Pacific Ambulatory surgical centres Market, By Region, From 2020 to 2025 (USD Billion)
- Japan Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Japan Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Japan Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Japan Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- China Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- China Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- China Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- China Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- India Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- India Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- India Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- India Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Australia Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Australia Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Australia Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Australia Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- South Korea Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- South Korea Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- South Korea Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- South Korea Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Latin America Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Latin America Bare-metal stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Drug eluting stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Bioabsorbable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Latin America Ballloon expandable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Self expanding stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Latin America Metallic stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Other stents Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Latin America Hospitals Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Cardiac centres Market, By Region, From 2020 to 2025 (USD Billion)
- Latin America Ambulatory surgical centres Market, By Region, From 2020 to 2025 (USD Billion)
- Brazil Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Brazil Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Brazil Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Brazil Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Argentina Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Argentina Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Argentina Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Argentina Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Mexico Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Mexico Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Mexico Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Mexico Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Rest of Latin America Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Rest of Latin America Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Rest of Latin America Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Rest of Latin America Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Middle East & Africa Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Middle East & Africa Bare-metal stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Drug eluting stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Bioabsorbable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Middle East & Africa Ballloon expandable stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Self expanding stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Middle East & Africa Metallic stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Other stents Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Middle East & Africa Hospitals Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Cardiac centres Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East & Africa Ambulatory surgical centres Market, By Region, From 2020 to 2025 (USD Billion)
- Middle East Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Middle East Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Middle East Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Middle East Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Africa Coronary Stent Market, By Type, From 2020 to 2025 (USD Billion)
- Africa Coronary Stent Market, By Mode of delivery, From 2020 to 2025 (USD Billion)
- Africa Coronary Stent Market, By Material, From 2020 to 2025 (USD Billion)
- Africa Coronary Stent Market, By End user, From 2020 to 2025 (USD Billion)
- Global Coronary Stent Market, By Metallic stents, From 2020 to 2025 (USD Billion)
- Global Cobalt Chromium Market, By Region, From 2020 to 2025 (USD Billion)
- Global Platinum Chromium Market, By Region, From 2020 to 2025 (USD Billion)
- Global Nickel Titanium Market, By Region, From 2020 to 2025 (USD Billion)
- Global Stainless steel Market, By Region, From 2020 to 2025 (USD Billion)
Browse Regional Reports:
- North America Coronary Stent Market
- Europe Coronary Stent Market
- Asia-Pacific Coronary Stent Market
- Latin America Coronary Stent Market
- Middle East and Africa Coronary Stent Market
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