Market Overview

Cardiovascular Stents Market to Exhibit 6.6% CAGR, Development of Bioresorbable Stents to Boost Market, Says Fortune Business Insights

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Pune, June 26, 2019 (GLOBE NEWSWIRE) -- Increasing incidence of cardiovascular diseases worldwide is creating growth opportunities for the global cardiovascular stents market, predicts Fortune Business Insights in their new study. The study is titled, "Cardiovascular Stents Market: Global Market Analysis, Insights and Forecasts, 2018 – 2025". As per Fortune Business Insights, the market is prognosticated to exhibit 6.6% CAGR and reach a valuation of US$ 13,100.2 Mn by 2025 from US$ 7,838.9 Mn in 2017.

Abbott, Medtronic, and Boston Scientific Corporation leading the global Cardiovascular Stents market
Government Participation in Price Capping of Cardiovascular Stents Augmenting the Market in Asia Pacific at Highest CAGR



In terms of stent type, the drug eluting stents segment is expected to hold a larger share of the market, hence booking the dominant position. This dominance is attributable to key companies introducing next-generation drugs for drug eluting systems (DES), and is likely to continue in the coming years.

With respect to end users, the hospitals segment holds dominance in the global market as it registers the highest consumption of cardiovascular stents.


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Increasing Number of Cardiovascular Cases to Fuel Demand in Market

In 2017, coronary stents surgery was the most common treatment among cardiovascular patients with a market share of 66.9%. The rising number of cardiovascular diseases worldwide is expected to drive the global market, as per analysts at Fortune Business Insights.

Besides this, huge investments made by market players in research and development on environmental and decomposable coronary stents is also anticipated to boost the market.

Unhealthy lifestyle and irregular eating habits of people have led to have increased the prevalence of health-related concerns, including chronic diseases such as diabetes, obesity, and heart disorders. The surging cases of heart disorder is continuously fueling the demand for treating heart problems including angioplasty, which ultimately increased the demand for cardiovascular stents.

However, the market may face challenges due to the presence of alternative treatment methods for vascular diseases. Again, the complexity of cardiovascular stent implantation may cause patients to opt for other treatment options and this may restrict growth in the market. Besides this, incident of product recalls and failures may also hamper the market in future.

Nevertheless, the emerging markets for cardiovascular stents and their rapid accent is likely to boost growth opportunities for the market in the long run. Again, the development of bioresorbable stents will help the cardiovascular stents market to grow remarkably in the future.

Alpine Stent to Open Growth Opportunities for Market in Asia Pacific

The cardiovascular stents market in North America was emerged dominant and was valued at US$ 2,344.9 Mn in 2017. This is mainly due to the presence of better medical facilities and skilled professionals in the developed nations of Canada and the U.S. North America is likely to remain dominant in the coming years as well on account of ongoing clinical trials on novel stents in the U.S. and various regulatory approvals on cardiovascular stents.

The market for cardiovascular stents in Asia Pacific is likely to show growth at a higher rate on account of improved distribution of cardiovascular stents in emerging economies such as China and India. In order to improve their accessibility, price capping of stents is introduced in these developing nations and this will help the market gain momentum. Thus, Asia Pacific is likely to register itself as the fastest growing region in the during the forecast tenure.


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Major vendors are focusing on investing in clinical studies and research and development of better stents. At present, Boston Scientific Corporation, Abbott, and Medtronic, are leading the market.

Key Companies Mentioned in Report

  • Biotronik SE & Co. KG
  • Cardinal Health
  • Cook
  • C. R. Bard, Inc.
  • MicroPort Scientific Corporation
  • Terumo Corporation
  • B. Braun Melsungen AG
  • Abbott
  • Boston Scientific Corporation
  • Medtronic
  • Other players


Browse Complete Report Details Enabled with Complete Tables and Figures:

https://www.fortunebusinessinsights.com/industry-reports/cardiovascular-stents-market-100061


Table of Content:

  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities 

  • Key Insights
    • Prevalence of Key Cardiovascular Diseases- Key Countries, 2017
    • Health Reimbursement Scenario- Key Countries
    • Regulatory Scenario- Key Countries
    • Pricing Analysis
    • Recent Industry Developments - Partnerships, Mergers & Acquisitions

  • Global Cardiovascular Stents Market Analysis, Insights and Forecast,2014-2025 
    • Key Findings/ Summary

    • Market Analysis, Insights and Forecast – By Procedure Type
      • Coronary Stenting
      • Peripheral Stenting

    • Market Analysis, Insights and Forecast – By Stent Type
      • Drug Eluting Stents (DES)
      • Bioresorbable Stents
      • Bare Metal Stents 
      • Others

    • Market Analysis, Insights and Forecast – By Disease Indication
      • Venous Diseases
      • Arterial Diseases 

    • Market Analysis, Insights and Forecast – By End User
      • Hospitals
      • Ambulatory Surgery Centers 
      • Specialty Clinics
      • Catheterization Labs

    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East & Africa

 Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/wound-care-devices-market-100388


Browse Related Reports:

  • Coronary Stents Market Size, Share and Global 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

  • Intracranial Stents Market Size, Share and Global Trend By Product (Self-Expanding Intracranial Stents, Embolization Coil Support Intracranial Stents), By Disease Indication (Brain Aneurysm, Intracranial Stenosis), By End User (Hospitals & Clinics, Ambulatory Surgery Centers, Others), and Geography Forecast till 2026

  • Endovascular Aneurysm Repair Market Size, Share and Global Trend By Indication (Abdominal Aortic Aneurysm (AAA), Thoracic Aortic Aneurysm (TAA), Thoracoabdominal Aortic Aneurysm (TAAA)), By Age(Pediatric, Adult, Geriatric.), By Product(Percutaneous Endovascular Aneurysm Repair, Fenestrated Endovascular Aneurysm Repair, Aortic Stents & TAA Graft), By End User(Hospitals, Clinics, Ambulatory Surgery Centre) and Geography Forecast till 2026

  • Peripheral Drug-Eluting Stents Market Size, Share and Global Trend By Type (Self-Expanding, Balloon Expanding), By Indication (Atherosclerosis, Deep Vein Thrombosis), By End User(Clinics, Hospitals, Ambulatory Surgery Centres) and Geography Forecast till 2026

About us:


Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact us:

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Email: sales@fortunebusinessinsights.com 
Website: https://www.fortunebusinessinsights.com

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