Press release
Global Coronary Stent Grafts Market to Showcase Vigorous Demand during the Period until 2028 by Top Companies- Bentley Innomed GmbH, Abbott, Vascular Concepts, InSitu Technologies® Inc
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The global Coronary Stent Grafts Market is expected to witness moderate growth over the forecast period. Metal coronary stent grafts are expected to be a dominant segment in the global coronary stent grafts market over the forecast period. Among all different types of coronary stent grafts, bioresorbable vascular scaffold type to hold significant share in the global coronary stent grafts market. The hospitals end-use segment is expected to contribute high share owing to increasing cases of patients suffering from angina.
Dual Therapy Stent (DTS) is the latest type of coronary stent. It is a first-of-its-kind stent therapy that reduces any likelihood of the re-narrowing of the artery as well as helps in the healing of the artery. It combines the benefit of DES with the benefits of bio-engineered stents and is the only stent to contain a drug with an active healing technology. These types of stents are usually made of metal mesh and are commonly called heart stents or cardiac or coronary stents.
Coronary Stent Grafts Market: Drivers and Restraints
Growing cases of coronary angioplasty (a treatment to widen narrowed sections of coronary arteries) is one of the key factors driving the demand for coronary stent grafts in hospitals, surgical centers and emergency rooms. The growth in the number of patients suffering from angina is leading to growth in demand for coronary angioplasty, which is driving the coronary stent graft market. Besides, due to less surgery time and low cost of surgery as compared to bypass surgery, coronary angioplasty is highly favored. The average cost of the Minimally Invasive Coronary Bypass Surgery in India is approximately $7000 whereas the cost of angioplasty in India for a single stent is around $ 2,745. However, the side effects associated with coronary angioplasty (PCI) might hamper its adoption rate. It has been observed that PCI itself tends to injure the artery walls and increases the risk of secondary obstruction. In fact, 21% of the PCI group required another stent within six months while 60% of the treated vessels required re-stenting. Thus, this factor is expected to restrict the growth of the coronary stent grafts market during the forecast period.
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Coronary Stent Grafts Market: Segmentation
The global coronary stent grafts market can be segmented on the basis of type, material and end users.
Based on type, the global coronary stent grafts market is segmented as:
Dual Therapy Stent (DTS)
Bioresorbable Vascular Scaffold (BVS)
Bio-engineered Stent
Drug Eluting Stent (DES)
Bare Metal Stent (BMS)
Based on material, the global coronary stent grafts market is segmented as:
Metal
Plastic
Based on end users, the global coronary stent grafts market is segmented as:
Hospitals
Ambulatory Surgical Centers
Emergency Rooms
Others
Coronary Stent Grafts Market: Key Participants
The global market for coronary stent grafts is a highly consolidated market. This market is specifically dominated by key players, such as Bentley Innomed GmbH, Abbott, Vascular Concepts and InSitu Technologies® Inc.
The report covers exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Japan
Middle East and Africa
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
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