Peripheral Vascular Stents Market Size with Major Quality Things: Balloon Expanding Stent, Self-expanding Stent, Drug Eluting Stent, Bare Metal Stent | Boston Scientific, Terumo Medical Corporation, Abbott Laboratories, Braun Melsungen, Biotronik,, Cook M
Peripheral Vascular Stents Market is expected to experience a moderate growth in coming years between 2014 and 2022. The market is expected to reach $9.38 billion by 2022 at a moderately growing CAGR of 5.88%.
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Competitive Outlook and Trend Analysis:
The key players operating in the peripheral vascular stents market emphasizes on product development in order to introduce improve peripheral vascular stents devices and capture a larger share of the market. Some of the major players in this market are Boston Scientific, Terumo Medical Corporation, Abbott Laboratories, Braun Melsungen, Biotronik,, Cook Medical, C.R. Bard, Intact Vascular, W.L. Gore & Associates, Medtronic, Edward Lifesciences Corporation, and AngioScore.
Peripheral vascular stents devices are used to diagnose peripheral artery disease (PAD). The PAD is characterized by building plaque in the arteries which in turn blocks the arteries and restricts the blood flow to the organs. When this condition is left untreated, it can lead to gangrene and in turn it may end up to amputation of limbs. Sometimes, it may also result into blockage of artery which can even lead to stroke. The increasing incidence of PAD across the globe, rising geriatric population and technological innovation related to peripheral vascular stents, will be the major drivers of the peripheral vascular stents market over the forecast period. Peripheral artery disease (PAD) is a common phenomenon among the geriatric population. For instance, as per CDC, in US, more than 8.3 million people suffered from PAD in 2016. This indicates increase in demand of peripheral vascular stents devices in the upcoming years. In addition, development of new imaging techniques is expected to improvise the vascular surgeries involving placement of peripheral vascular stents which in turn will increase the demand of stenting procedures. However, high price of peripheral stents and lack of awareness among general population about PAD, will restrain the growth of the peripheral vascular stents market in the future years. Thus, considering the drivers and challenges, peripheral vascular stents market is expected to have a moderate growth over the forecast period.
Product Outlook and Trend Analysis:
Innovation is set to derive the demand for peripheral vascular stents globally. Therefore, key players are highly focused on developing innovative peripheral vascular stents to meet the unmet medical needs. For instance, in February 2016, Boston Scientific obtained CE Mark for its Eluvia Drug-Eluting Vascular Stent System, which can restore blood flow in the peripheral arteries. This system provides a unique drug-polymer combination to provide continued release of the drug for preventing narrowing of the vessel. Likewise, in June 2015, Terumo Interventional Systems launched its MISAGO RX Self-expanding Peripheral Stent to treat patients with peripheral artery disease in the proximal popliteal and superficial femoral artery. Such product developments helped these companies to strengthen their product portfolio to sustain their position in the market.
Peripheral Vascular Stents Market Segmentation:
Peripheral Vascular Stents Market, By Product:
Balloon Expanding Stent
Drug Eluting Stent
Bare Metal Stent
Peripheral Vascular Stents Market, By End User:
Ambulatory Surgical Centers
The key opportunity for the players operating in peripheral vascular stents market lies in the development of various types of cost effective peripheral stents for better assistance of the patients. Apart from that, innovative marketing strategies will further broaden the opportunities of the key players to grow significantly over the forecast period. In addition, changing lifestyles for peripheral vascular stents, will further increase demand of this market, creating a lucrative opportunities for growth, for the key players of this market.
Crystal Market Research published a report on “Peripheral Vascular Stents Market by Product and End User - Global Industry Analysis and Forecast to 2025” released and accessible at: https://www.crystalmarketresearch.com/report/peripheral-vascular-stents-market .
Peripheral Vascular Stents Market, By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Regional Outlook and Trend Analysis:
North America held a significant share of the peripheral vascular stents market in 2016 due to the increase in geriatric population and occurrence of PAD in various states. In addition, technological innovation of the devices by the key players of the market will also enhance the market growth in this region. The Asia-Pacific market has not experienced any substantial growth due to lack of large scale adoption of peripheral vascular stents but can experience favorable growth in coming years owing to changing lifestyles related to peripheral vascular stents and increasing geriatric population in the region.
Peripheral Vascular Stents Market, List of Tables:
Table 1.Global Peripheral Vascular Stents Market, By Product, 2014-2022 ($Billion)
Table 2.Balloon Expanding Stents Market, By Region, 2014-2022 ($Billion)
Table 3.Self- Expanding Stents Market, By Region, 2014-2022 ($Billion)
Table 4.Drug Eluting Stents Market, By Region, 2014-2022 ($Billion)
Table 5.Bare Metal Stents Market, By Region, 2014-2022 ($Billion)
Peripheral Vascular Stents Market, List of Figures:
Figure 1.Global Peripheral Vascular Stents Market Share, By Product, 2016 & 2025
Figure 2.Global Peripheral Vascular Stents Market, By End Users, 2016, ($Billion)
Figure 3.Global Peripheral Vascular Stents Market, By Region, 2016, ($Billion)
Figure 4.Boston Scientific: Net Revenues, 2014-2016 ($Billion)
FEATURES OF THE REPORT:
1. The analysis of Peripheral Vascular Stents market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
2. The key players in the market and their share in the global market are discussed.
3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
4. The Peripheral Vascular Stents market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
5. The latest trends that are being followed in the market are included along with an example.
6. How technological advancement and research, as well as development activities, are impacting the market is explained in detail.
7. The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
Discuss Our Expert Team: https://www.crystalmarketresearch.com/send-an-enquiry/HC06147 .
As the report further, it explains developing plans and policies, making processes, cost structures of Peripheral Vascular Stents market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of Peripheral Vascular Stents market, market statistics of Peripheral Vascular Stents market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.
TO BE CONTINUED…
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