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Global arterial stents market is expected to reach USD 8.62 Billion in 2017 to USD 16.58 Billion by 2025 at a CAGR of 8.61% from 2018 to 2025. Increasing geriatric population which is prone to cardiovascular conditions and require latest treatments available in cardiac care are playing a key role in the growth of the market.
Market Overview:
Heart stents are used during coronary angioplasty procedure to remove blocked arteries. Different types of stents are available for different clinical conditions in the market. These are used for the treatment of cardiac abnormalities such as blocked blood vessels. Stents are commonly made of metals, polymers, and natural bio absorbable materials. Rise in elderly population worldwide is one of the major factors responsible for the growing prevalence of CVD. According to the WHO, the population of individuals aged 65 years and above was 617 million (8.5% of the total population) in early 2016, and expected to reach 1.6 billion (17% of global population) by 2050. Technological advancements in stenting technology, in terms of material, construction, and coatings increases the effectiveness of stents expanding their application areas. In addition to this, launching advanced products in the market helps companies gain a competitive advantage. For instance, in 2016, launched Absorb bioresorbable heart stent.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Arterial Stents Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The arterial stents market is segmented on the basis of type, mode of delivery, material and end user.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global arterial stents market with USD 3.74 Billion in 2017 where as Asia Pacific region held the second dominant position in the market.
Global Arterial Stents Market Competitive Analysis:
Key players in the arterial stents market are Abbott Laboratories, Medtronic, plc, Boston Scientific Corporation, B. Braun Melsungen AG, Biosensors International Group, Ltd., BIOTRONIK SE & Co. KG, Terumo Corporation, STENTYS SA, MicroPort Scientific Corporation, C. R. Bard, Inc., Meril Life Sciences Pvt. Ltd., Vascular Concepts, and Translumina GmbH, and others. Abbott Laboratories, Medtronic, plc, Boston Scientific Corporation are the top leading players of the market. For instance, in 2016, Abbott acquired St. Jude Medical, Inc., which is a manufacturer of products for heart failure, atrial fibrillation, and cardiac rhythm management. The acquisition strengthened its coronary intervention product offerings in the cardiovascular devices market.
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Scope
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Key Points |
Information |
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Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size} |
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USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
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Base Year |
2017 |
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Historical Years |
2015-2017 |
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Forecast Period |
2018-2025 |
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Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
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Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global arterial stents market on the basis of below mentioned segments:
Global Arterial Stents Market, By Type:
Global Arterial Stents Market, By Mode of Delivery:
Global Arterial Stent Market, By Material:
Global Arterial Stents Market, By End User:
Global Arterial Stents Market, By Regions:
List of Table
List of Figures
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Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –
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Thanks for the report. We've been going through it and see some good data on the market and players.
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