The global coronary stents Market Trends and Forecast to 2024 - A report by Data Bridge Market Research

Global Coronary Stents Market, By Type (Dual Therapy Stent, Bioresorbable Vascular Scaffold, Drug Eluting Stent (DES) (Paclitaxel, Limus-Based Drugs), Bio-engineered Stent, Bare Metal Stent),By Absorption Rate (Slow-Absorption DES, Fast-Absorption DES), By Material (Stainless Steel, Cobalt Alloy Metal, Gold, Tantalum, Nitinol, Polymers), Rate (Slow-Absorption Stents, Fast-Absorption Stents), By Application (Coronary Artery Disease, Peripheral Artery Disease), By End-User (Hospitals, Cardiac Centers, Others), By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America, Rest of the World) – Trends and Forecast to 2022

The global coronary stents market is expected to reach USD 6.1 billion by 2022, from USD 5.1 billion in 2015 growing at the CAGR of 2.5% in the forecast period 2016 to 2022.

The coronary stents market is segmented based on type, material, application, absorption rate, drug, end-user, distribution channel, and geography.

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On the basis of type, the global coronary stents market is segmented into dual therapy stent, bioresorbable vascular scaffold (BVS), drug eluting stent (DES), bio-engineered stent, bare metal stent. The drug eluting stent market is segmented into biodegradable and non-biodegradable.

Based on material, the market is segmented into stainless steel, cobalt alloy metal, gold, tantalum, nitinol, and polymers. Polymer market is further segmented into silicone, bioerodible polymer, polyethylene and polyurethane.

Based on application, the market is segmented into coronary artery disease, and peripheral artery disease. The market is also segmented on the basis of end-user, the market is segmented into hospitals, and cardiac centers..

On the basis of absorption rate, the market is segmented into slow-absorption stents, and fast-absorption stents

Based on geography, the coronary stents market is segmented into geographical regions such as North America, Europe, Asia-Pacific, South America, Middle East and Africa and, Rest of the World. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. North America is expected to be the largest market due to increasing prevalence of coronary arterial diseases, hypertension and blockage of vessels, growing geriatric population, changing lifestyle, and development of innovative and improved bioengineered absorbable products. Whereas, Asia-Pacific is the fastest growing market due to huge population, economic developments, faster adoption rate of latest technologies, increasing health awareness, improving healthcare systems, and available disposable income.

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Some of the major players operating in this market are Abbott Vascular, SciTech, Boston Scientific Corporation, Medinol Ltd, iVascular SLU, Stentys SA, Elixir Medical Corporation, Inspire MD, Hexacath, Medtronic, Orbusneich, Andramed GmbH, Cordis Corporation, Endocor GmbH, Eurocor GmbH, Comed B.V., MicroPort Scientific Corporation, Degania Silicone Ltd., Amaranth Medical, Inc., Terumo Corporation, Meril Life Sciences Pvt. Ltd., Elixir Medical Corporation, InSitu Technologies Inc., Alvimedica, Biotronik SE & Co. KG, AMG International GmbH, Arthesys, Translumina GmbH, Lepu Medical, Accura, CeloNova BioSciences, Inc., Minvasys, Svelte Medical, B. Braun Melsungen AG and, Eucatech AG among other companies.

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