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Vascular Stent Market Analysis 2018 By Top Vendors Like Abbott, Medtronic, Terumo Corporation, Boston Scientific, STENTYS, BIOTRONIK, Microport Scientific Corp, Cardinal Health, CR Bard
Vascular Stent
The global vascular stent market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The global market accounted to USD 11.8 billion in 2016 growing at a CAGR of 7.90%during the forecast period of 2017 to 2024.
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Key Market points:
Global vascular stent market is driven by the factor such as increase in aging population and rising demand of non-invasive techniques. Vascular stents is popular owing to its benefits such as reduces complications and hospital stay, gives minimum pain, less bleeding, and quick recovery as compared to other treatment.
Other factors such as increasing cardiovascular diseases as well as growing technological advancements also lead the market demands. Manufactures have introduced new devices such as Drug-Eluting Stents which is minimally invasive and also eliminates the side-effects of traditional bare metal stents. However, complications related to vascular stenting and increasing high cost may restrain the market growth.
North America holds the largest market for vascular stents followed by Europe whereas, APAC is expected to witness the highest CAGR during the forecast period due to the factors such as the growing population, increasing cardiovascular diseases, and adoption of advanced technologies.
Global Vascular Stent Market – Competitive Landscape:
Some of the major players of global vascular stent market are
• Abbott,
• Medtronic,
• B. Braun Melsungen AG,
• TERUMO CORPORATION,
• Boston Scientific Corporation,
• STENTYS SA,
• BIOTRONIK SE & Co. KG,
Others: MicroPort Scientific Corporation, Cardinal Health, C. R. Bard, Inc., Meril Life Sciences Pvt. Ltd., Cook, W. L. Gore and Associates, Inc., InnoCore Technologies BV, JOTEC GmbH, Translumina, AMG International, Lombard Medical Technologies, ENDOLOGIX, INC., MIVT India, and X-Cell Medical Inc. among others.
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Global Vascular Stent Market – Market Segmentation:
The global vascular stent market is driven by the factors such as market is segmented on the basis of type, product, material, and end user.
Types
• BMS
• BUS
• Drug Eluting
Product
• Coronary
• Peripheral
• Carotid
• Femoral
• Aortic Aneurysm.
Material
• Metals
• Stainless Steel
• PtCr
• Nitinol
• Polymers
End Users
• Hospitals
• Cardiology Centre
• ASC
Competitive Analysis : Global Vascular Stent Market
The global vascular stent market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Global Vascular Stent Market - Geographical Segmentation:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
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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
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