Coronary Stent Market Development, Key Opportunity, Application and Forecast to 2026

The recent business intelligence study on the Coronary Stent market offers crucial information on the various factors, such as growth stimulants, obstacles and restraints, and other potential expansions, that will drive the market’s growth . The research analysis claims that this industry will witness a steady growth . Important data about the regional markets and major companies prevailing in this business sector is also documented. Based on present successes and growth potential, numerous factors supporting the overall business expansion is encompassed in the report, along with a thorough examination of the competitive landscape.

Global Coronary Stent Market is valued approximately at USD 8.2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.6% over the forecast period 2019-2026. Coronary stents are minute tubes, used in the treatment of coronary heart disease to open the narrowed arteries. These stents are applicable in a procedure called percutaneous coronary intervention (PCI) or angioplasty. These coronary stents are often placed inside the coronary artery during the angioplasty. These stents help in preventing the artery from blocking again. Increasing prevalence of coronary artery diseases and consequent increase in the number of percutaneous coronary intervention (PCI) procedures is one of the prominent factors contributing towards the demand for coronary stents. According to the American Heart Association, the occurred of death due to cardiovascular diseases was about 17.6 million in 2016, and a number is expected to grow to over 23.6 million by 2030 worldwide. Whereas, as per Out World in Data organization the cardiovascular disease burden worldwide has been increased from 300 million in 2000 to 362.3 million in 2016. This increasing number of cardiac diseases patients is dramatically increasing the demand for PCI procedures by the heart patients. It has been estimated that about 950,000 PCI procedures performed in the United States alone, and over 4 million worldwide. Further, increasing demand for minimally invasive procedures and rising geriatric population is also significantly paving the demand for PCI procedures. Moreover, introduction of bioresorbable Vascular Scaffolds is expected to create significant growth opportunity in the market over the forecast period. However, stringent regulations for product approval impedes the growth of the market over the forecast period of 2019-2026.

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Global Coronary Stent market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing geriatric population coupled with rapid adoption of coronary stents in the PCI procedures. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as large population base, increasing prevalence of cardiac disease and improving healthcare infrastructure would create lucrative growth prospects for the Coronary Stent market across Asia-Pacific region.

Major market player included in this report are:

Medtronic PLC

Abbott Laboratories

Boston Scientific Corporation

Biosensors International Group, Ltd.

Biotronik SE & Co. Kg

B. Braun Melsungen AG

Terumo Corporation

Stentys SA

Microport Scientific Corporation

Meril Life Sciences Pvt. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Bare-Metal Stents

Drug-Eluting Stents

Bioabsorbable Stents

By Mode of Delivery:

Balloon-Expandable Stents

Self-Expanding Stents

By Material:

Metallic Stents

Other Stents

By End User:

Hospitals

Cardiac Centres

Ambulatory Surgical Centres

By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017

Base year – 2018

Forecast period – 2019 to 2026

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Key Questions answered in the market Report are:

  • Which product segment grabbed the largest share in the market?
  • How is the competitive scenario of the market?
  • Which are the key factors aiding the market growth?
  • Which region holds the maximum share in the market?
  • What will be the CAGR of the market during the forecast period?
  • Which application segment emerged as the leading segment in the market?
  • Which are the prominent players in the market?
  • What key trends are likely to emerge in the market in the coming years?
  • What will be the market size?
  • Which company held the largest share in the market?

Main Points Covered from TOC:

1 Market Overview

1.1 Product Overview and Scope of

1.2 Segment by Type

1.3 Segment by Application

1.4 Global Market Growth Prospects

1.5 Global Market Size by Region

2 Market Competition by Manufacturers

2.1 Global Production Market Share by Manufacturers

2.2 Global Revenue Market Share by Manufacturers

2.3 Market Share by Company

2.4 Global Average Price by Manufacturers

2.5 Manufacturers Production Sites, Area Served, Product Types

2.6 Market Competitive Situation and Trends

3 Production by Region

3.1 Global Production of Market Share by Region

3.2 Global Revenue Market Share by Region

3.3 Global Production, Revenue, Price and Gross Margin

3.4 North America Production

3.5 Europe Production

3.6 China Production

4 Global Consumption by Region

4.1 Global Consumption by Region

4.2 North America

4.3 Europe

4.4 Asia Pacific

4.5 Latin America

5 Market Segment by Type

5.1 Global Production Market Share by Type

5.2 Global Revenue Market Share by Type

5.3 Global Price by Type

6 Segment by Application

6.1 Global Production Market Share by Application

6.2 Global Revenue Market Share by Application

6.3 Global Price by Application

7 Key Companies Profiled

7.1 Company A

7.1.1 Corporation Information

7.1.2 Product Portfolio

7.1.3 Production, Revenue, Price and Gross Margin

7.1.4 Main Business and Markets Served

7.1.5 Recent Developments/Updates

7.2 Company B

7.2.1 Corporation Information

7.2.2 Product Portfolio

7.2.3 Production, Revenue, Price and Gross Margin

7.2. Main Business and Markets Served

7.2.5 Recent Developments/Updates

8 Manufacturing Cost Analysis

9 Marketing Channel, Distributors and Customers

10 Market Dynamics

11 Production and Supply Forecast

12 Consumption and Demand Forecast

13 Forecast by Type and by Application

14 Research Finding and Conclusion

15 Methodology and Data Source

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