Uploaded on Jul 28, 2021
The report provides trends prevailing in the global coronary stents market and the factors driving the market along with those that act as hindrances. Owing to the factors such as the rising prevalence of coronary artery diseases, technological advancements and rising geriatric population are anticipated to drive the growth of the market. Get Sample PDF Brochure at: https://www.theinsightpartners.com/sample/TIPHE100000827/?utm_source=PPT&utm_medium=10443 The coronary stents market is expected to reach US$ 13,749.97 Mn in 2025 from US$ 7,619.38 Mn in 2017. The market is estimated to grow with a CAGR of 7.8% from 2017-2025. The key players operating in the field of Coronary Stents worldwide include Microport Scientific Corporation, Medtronic PLC, Biosensors International Group, Ltd., Abbott Laboratories, Vascular Concepts Limited, Biotronik SE & Co. Kg, Stentys SA, B. Braun Melsungen AG, Translumina GmbH, and Terumo Corporation.
Coronary Stents Market 2020 Growth Analysis, Industry Trends, Overview, Top Companies, Application, Development and Forecast 2025
Coronary Stents Market Coronary Stents Market to 2025 - Global Analysis and Forecasts by Type (Biodegradable Stents, Bare Metal Stents & Drug Eluting Stents); Absorption Rate (Slow Absorption Rate & Fast Absorption Rate); by Material (Nitinol, Polymer, Nickel, Gold, Tantalum, Stainless Steel); & End User (Ambulatory Surgical Centers, Hospitals and Cardiac Centers) Coronary Stents Market Current and future Market Scenario According to The Insight Partners market research study titled 'Coronary Stents Market to 2025 - Global Analysis and Forecasts by Type, by Absorption Rate, by Material, and End-Users, the global coronary stents market was valued at US$ 7,619.4 Mn in 2017 and is estimated to reach US$ 13,879.0 Mn by 2025. The report highlights the trends prevalent in the coronary stents market and the factors driving the market along with those that act as deterrents to its growth. The global coronary stents market is a matured market in the developing countries as well as developing economies worldwide. Rising prevalence of cardiovascular diseases and increasing number of surgical procedures. In the coming years, hospitals followed by cardiac centers & ambulatory surgical centers are likely to experience high demand for coronary stents. Among the coronary stents, the stents made up of cobalt, are in high demand by the doctors, followed by platinum. Furthermore, advancement in the field of molecular biology has equally enhanced the coronary stents in terms of the safe products. And the technologically advanced and cost efficient stents are expected to be the driving factors for the coronary stents market. The growing geriatric population and increasing number of diabetic patients are key factors for rise in the number of the heart disease cases. For instance, as per the the American Heart Association (AHA), the number of Americans above the age of 65 and older is anticipated to grow more than double from 46 million in 2016 to nearly 98 million by 2060. Key Findings The cause of the increasing number heart patients is the obesity the obese people also unknowingly invite the heart diseases and the Americans seems to be the obese due to their heavy diet. The growth of the geriatric population and the other habits factors are likely to grow the need of the coronary stent market in coming future. The market for the coronary market is likely to grow more in the Asia Pacific region owing to developments in the region and rising awareness on better healthcare. In addition, the countries like Japan, China, and India are investing in improving healthcare infrastructure. Furthermore these countries have presence of large pool of population with heart diseases. The market for coronary stents is well established in the region of North America, owing to the awareness regarding medical practices and technological developments in the treatment of cardiovascular diseases. Coronary stents is mature market in some of the region such as Japan, whereas, with some recent development in countries such as India, China, Indonesia and Taiwan, the demand for these devices is expected to upsurge in the coming years. Additionally, factors such as increasing focus of industry players in India and Japan, funds and grants in China are likely to propel growth of the market. Coronary Stents Market Market Segments By Type (Biodegradable Stents, Material (Nitinol, Polymer, End User (Ambulatory Surgical Bare Metal Stents & Drug Eluting Nickel, Gold, Tantalum, Centers, Hospitals and Cardiac Stents); Absorption Rate (Slow Stainless Steel) Centers) Absorption Rate & Fast Absorption Rate) Coronary Stents Market Dominating Segments Market Insights Rising Prevalence of Coronary Artery Diseases Cardiovascular diseases or CVDs are the disorders of the heart and blood vessels and include cerebrovascular disease, coronary heart disease, rheumatic heart disease, and other conditions. Some of the significant factors which lead to death and difficulties are the use of tobacco, unhealthy diet, and physical inactivity, which increases the risk of heart attacks and strokes. CVDs are the primary cause of death across the globe; it affects more people as compared to any other disease. For instance, in 2015, approximately 17.7 million people died from CVDs, which was 31.0% of all the global deaths. Among these, nearly 7.4 million were due to coronary heart disease, and 6.7 million were due to stroke. Among those 17 million deaths at the age of 70 due to non- communicable diseases in 2015, around 82.0% are in low- and middle-income countries, and 37.0% are caused by CVDs. In Europe, cardiovascular disease (CVD) causes 3.9 million deaths and more than 1.8 million deaths every year in the European Union (EU). The CVD accounts for 45.0% of all deaths in Europe and 37.0% of all deaths in the country. Also, CVD is the primary reason for the death of men and women in all countries.Owing to the factors such as rising cases of coronary artery diseases and increasing demand for the coronary stents for the treatment of the CVDs anticipated to increases the market growth in the future years. Dominating Segments Product Insights Type Insights The coronary stents market on the basis of type is segmented into drug-eluting stents, bare-metal stents, and bioabsorbable stents. In 2017, the drug-eluting stents segment accounted for the largest market share in the global coronary stents market by type. These stents are inserted to keep arteries open after the angioplasty procedure ensuring good blood flow. In turn, reducing the risks of heart attack and stroke, and prevent the reoccurrence of any symptoms. Download PDF Brochure https://www.theinsightpartners.com/sample/TIPHE100000827/ Dominating Segments The report segments the global Coronary Stents market as follows: Global Coronary Stents Market – By Type Bioabsorbable Stents Bare-Metal Stents Drug-Eluting Stents Global Coronary Stents Market – By Material Nitinol Polymer Nickel Platinum Gold Tantalum Stainless Steel Cobalt Dominating Segments Global Coronary Stents Market – By Absorption Rate Slow-Absorption Rate Stents Fast-Absorption Rate Stents Global Coronary Stents Market – By End User Ambulatory Surgical Centers Hospitals Cardiac Centers Global Coronary Stents Market – BY GEOGRAPHY North America Europe Asia Pacific (APAC) Middle East & Africa (MEA) South and Central America Coronary Stents Market Leading Players Company Profiles in Coronary Stents Market are: Abbott Medtronic Boston Scientific Corporation Teromo Corporation B. Braun Melsungen AG Biosensors International Group, Ltd. B. Braun Melsungen AG, Vascular Concept Microport Scientific Corporation STENTYS SA BIOTRONIK, Inc. REGIONAL FRAMEWORK REGIONAL FRAMEWORK Coronary Stents Market Access Full Research Report at: https://www.theinsightpartners.com/reports/coronary-stents-market Thank You! Thank You!
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