Coronary Stent Market – Opportunities & Forecast, 2020–2027
The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.
Top Companies of the Coronary Stent
Market:
·
Abbott Laboratories
·
Boston Scientific Corporation
·
B. Braun Melsungen AG
·
Terumo Corporation
·
Biosensors International Group,
Ltd
·
Medtronic plc
·
MicroPort Scientific
Corporation
·
Biotronik SE & Co. KG
Drivers of the Coronary Stent Market:
The major factors accelerating the growth
of the coronary stent market
include rising adoption of minimally invasive interventional surgery, increasing
incidence of cardiovascular diseases, growing technological advancement and
spending on healthcare facilities at a global level. Drug eluting stent is projected
to lead the market during the forecast period driven by innovations and
technological advancement in stent technology. Bioresorbable stent is expected
to exhibit to grow at a higher CAGR during the forecast period due to increasing
adoption among healthcare professionals and patients driven by its
characteristics, such as biodegradable properties and high stability.
The material segment into polymer stent, metallic
stent, and copolymer stent. Technological advancements in biomaterial industry
and increasing research & development activities are some factors boosting the
growth of these segments. In 2017, the largest share was held by hospitals
end-use segment, which is anticipated to dominate the market during the
forecast period due to increasing volume of minimally invasive surgeries, such
as balloon angioplasty. In addition to this, significant healthcare spending
and growing government insurance, along with reimbursement policies are projected
to propel the market growth.
Segmentation of the Coronary Stent
Market:
By Product Type:
·
Dual Therapy Stent
·
Bioresorbable Vascular Stent
·
Bio-engineered Stent
·
Drug Eluting Stent
·
Bare Metal Stent
By Material Type:
·
Metallic Stents
·
Platinum Chromium
·
Nickel Titanium
·
Stainless Steel
·
Other
By End-User:
·
Hospitals
·
Cardiac centres
·
Ambulatory Surgical Centres
By Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
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