Vascular Stent Market Assisting growth of New Entrants 2025
As the incidence of peripheral artery disease grows, the global demand for vascular stents is expected to swell as well. Vascular stents are medical devices that are usually placed as part of peripheral artery angioplasty. In simple terms, a stent is a plastic or metal tube that is inserted into an anatomic vessel so as to keep the passageway from closing. Iliac, carotid, and femoral arteries are some common sites which are treated with vascular stents.
Request Sample Copy of the Report @
Global Vascular Stent Market: Key Trends
The growing prevalence of peripheral vascular disease (PVD), which is alternatively known as peripheral artery disease (PAD), is one of the primary growth drivers of the global vascular stents market. According to the U.S. Centers for Disease Control and Prevention (CDC), nearly 8 million in the U.S. alone suffer from peripheral artery disease. Of these, 12 to 20% of the patients are above the age of 60, finds the study. Thus, it has been understood that the geriatric population is at a higher risk of suffering from peripheral artery disease. Since the aging population has been escalating at a rapid pace, the global vascular stent market will witness greater growth.
On the downside, the exorbitant costs of these devices might hinder the growth of the global vascular stent market. However, as a number of market vendors have been developing highly efficient and accurate imaging techniques, the market for vascular stents is likely to receive a boost.
Request TOC of the Report @
Global Vascular Stent Market: Market Potential
A number of market players are concentrating on the introduction of innovative products, enhancing the ease of use for healthcare providers as well as patients. The researchers at the Technische Universiteit, Eindhoven (Eindhoven University of Technology) have acknowledged the special challenge presented by pediatric patients. The creation of customized stents is not a novel phenomenon. The researchers have produced a relatively better vascular stent, according to an announcement made in May 2017.
The new stent can expand as the child grows, biodegrading with time, as against conventional stents that children outgrow. The traditionally used metal stents can also lead to complications including hyperplasia. In order to design this 3D printable, self-expanding stent, a computational model of a nickel titanium stent was built by the researchers.
Several other products are receiving regulatory approvals. For instance, in the same month, Alucent Medical, Inc. announced that it received the approval of the U.S. Food and Drug Administration (FDA) to commence Phase I human clinical studies of its new drug/device combination therapy for treating peripheral vascular disease.
Global Vascular Stent Market: Regional Outlook
The global vascular stent market can be segmented into Europe, Latin America, North America, the Middle East and Africa, and Asia Pacific. North America has currently been leading the global vascular stent market, with the U.S. as the chief contributor. The growing patient base and rising concentration of geriatric populace have been driving the growth of this region.
Asia Pacific, driven by augmenting acceptance of cutting-edge technologies, is slated to display fastest rate of growth over the forthcoming period. The low costs of manufacturing, presence of a large number of market participants, and growing incidence of cardiovascular diseases have been assisting the growth of the global vascular stent market.
Read Comprehensive Overview of Report @
Global Vascular Stent Market: Competitive Analysis
MicroPort Scientific Corporation, Vascular Concepts, Medtronic, plc, B. Braun Melsungen AG, STENTYS SA, Lombard Medical Technologies, Abbott Laboratories, BIOTRONIK SE & Co. KG, Meril Life Sciences Pvt. Ltd., W. L. Gore and Associates, Boston Scientific Corporation, and Endologix, Inc. are some key vendors operating in the global vascular stent market.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vascular Stent Market Assisting growth of New Entrants 2025 here
News-ID: 1083660 • Views: 107
More Releases from TMR Research
Power Uprates Market Scope and Opportunities Analysis 2017 – 2025 | Lightbridg …
Global Power Uprates Market : Snapshot With escalating population across the world and rapid urbanization in several emerging economies, the demand for power it at an all-time peak. In this scenario, it becomes essential to increase the efficiency of each nuclear power plant. Power uprate is the technique with which not only the maximum heat output can be achieved, it does to in accordance to the plant safety. Get Sample Copy of
IoT Cloud Platform Market Segmentation Detailed Study with Forecast to 2025 | Se …
Global IoT cloud Platform Market: Snapshot The Internet of Things has emerged as a prominent platform for data and information sharing in the IT world. Within a short period of time it has gained popularity and is being used by a large population base. The inter-networking of physical devices, buildings, vehicles, and other items that have been integrated with network connectivity, actuators, software, sensors, and electronics, allowing the objects to accumulate
Smart Advisors Market Latest Trends and Future Growth Study by 2025 | IBM Watson
Global Smart Advisors Market: Snapshot There has been a significant rise in demand for demand for wealth advisory across the globe over the past few years, chiefly owing to the rising wealth of the affluent upper-middle class in emerging economies and the substantial increase in the number of high-net-worth individuals (HNWIs) globally. While financial advisory firms across the globe position themselves to benefit from the vast rise in growth opportunities, a
Cloud Computing in Education Market Share and Growth Factors Impact Analysis 201 …
Global Cloud Computing in Education Market: Snapshot As the rapidly expanding education sector faces sustainability issues and budget restrictions, cloud computing is increasingly being seen as one approach to relieve these pressures. As capacity requirements of an educational institution begin to fluctuate and as new services and applications become available, the association with cloud allows institutions to meet the needs of their constituents in a cost effective and quick manner. As
More Releases for Vascular
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations. Request for Sample of This Research Report @ https://bit.ly/2xjOKpC Top Key Player:- Abbott Laboratories Braun Melsungen AG Boston Scientific Corporation R. Brad, Inc. Cardinal Health, Inc. Medtronic plc. Cook Medical, Inc. Teruma Corporation Jude Medical, Inc. The Spectranetics Corporation Volcano Corporation Peripheral vascular disorder (PVD) is a blood circulation disorder
Stromal Vascular Fraction Market
Prevalence of knee osteoarthritis is expected to provide a significant opportunity to the new class cell therapies to penetrate the market. Moreover, soaring demand for reconstructive breast therapies are also estimated to fuel the market in near future. Among all the clinical trials being conducted for stromal vascular fraction therapeutics, breast reconstruction procedures have reported highest proportion and outcomes for it to appear promising, as per the research conducted by
Global Large Bore Vascular Closure Devices Market 2018 - Abbott Vascular, St. Ju …
Apex Market Reports, recently published a detailed market research study focused on the “Large Bore Vascular Closure Devices Market” across the global, regional and country level. The report provides 360° analysis of “Large Bore Vascular Closure Devices Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the
Vascular Stent Market Dreadfully High over 2025
Global Vascular Stent Market: Overview As the incidence of peripheral artery disease grows, the global demand for vascular stents is expected to swell as well. Vascular stents are medical devices that are usually placed as part of peripheral artery angioplasty. In simple terms, a stent is a plastic or metal tube that is inserted into an anatomic vessel so as to keep the passageway from closing. Iliac, carotid, and femoral
Vascular Grafts Market - Global Industry Analysis 2025
Vascular Grafts are medical devices used to bypass the infected or diseased blood vessels. Vascular grafts are required to replace injured blood vessels, veins, and arteries and to substitute hard blood vessels or valves. Blood flow is redirected from one place to another by introducing a graft with the help of surgical reconstruction process. These grafts can be synthetic, semi-synthetic or taken from the patient’s body. Request to download and view
Vascular Access Devices Market Outlook
Global Vascular Access Devices Market: Snapshot The demand in the global market for vascular access devices, which are medical devices made of hollow and flexible tubes of latex or silicone that enable an access to the bloodstream, has been consistently incrementing owing to growing number of surgeries performed each year across the world. Vascular access devices are used to perform diagnostic tests, reading central venous pressure, blood sampling, blood transfusion, and