Venous Stents Market Worth USD 1,727.4 Million by 2025 - W.L Gore & Associates, Optimed Medizinische Instrumente, Medtronic, Boston Scientific Corporation, C. R Bard (acquired by BD), Jotech GMBH (acquired by Cryolife, inc.), Cook, Medica Germany GMBH & C

According to a new market research study titled ‘Venous Stents Market to 2025 – Global Analysis and Forecasts by technology, application and end user.

The global venous stents market is estimated to account for US$ 1,727.4 Mn by 2025 as compared to US$ 829.0Mn in 2017, growing at a CAGR of 9.7% during the forecast period from 2018 to 2025. The report highlights the trends prevalent in the global venous stents market and the factors driving the market

The top industry players operating in the market of venous stents across the globe includes Boston Scientific Corporation, C. R Bard (acquired by BD), Jotech GMBH (acquired by Cryolife, Inc.), Cook, W.L Gore & Associates, Optimed Medizinische Instrumente GMBH, Medtronic, Medica Germany GMBH & Co. KG, and Cordis (acquired by Cardinal Health).

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Development of Advanced Venous Stents Are Expected To Raise The Global Venous stents Market

Currently there are limited options for venous stents when dealing with patients who have deep venous pathologies. Hence the manufacturers are developing new generation of venous stents in order to treat venous diseases. The recent developments in the venous stents is the major advantage for the surgeons to offer better and in less time. Also, the flaws and technical shortcomings of venous stenting procedures have led to development for the newer stents.

The trend of using nitinol stent has increased as it offers precise placement of the stent. The nitinol stents are technically easier to insert, because there is no significant foreshortening during deployment of the stent.

The companies are focusing on developing new venous stent technology that offers less foreshortening, better vessel conformability, high resistance against compression, MRI-compatible, resistant to thrombus formation and platelet adherence and more precise placement.
Thus the limited options of venous stents and growing demand for advanced stents will contribute for the development of the venous stent market.

The application segment of the venous stents market is segmented as into legs, chest, and abdomen. In 2017, legs segment held the largest share of 53.8% of the market. In addition, the segment is expected to dominate during the coming years owing to the rising incidences of the deep vein thrombosis and helps in the management of clot in the legs and more.

Likewise, the chest segment is expected to be the fastest growing application segment for the venous stents market. The overall application segment market was valued at US$ 36.82 Mn in 2017 and is anticipated to grow significantly in the forecast period.

Global Venous Stents Market, By Regions, 2017 (%)

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Source: The Insight Partners Analysis

The report segments the global venous stents market as follows:

• Global Venous Stents Market – By Technology
• Wallstent Technology,
• Iliac Vein Stent Technology
• Global Venous Stents Market – By Application
• Legs
• Chest
• Abdomen
 
• Global Venous Stents Market – By Disease
• Post Thrombotic Syndrome,
• Chronic Deep Vein Thrombosis,
• May-Thurner Syndrome,
• Hemodialysis/Arteriovenous Fistulae, and
• Others

• Global Venous Stents Market – By Geography
• North America
 U.S.
 Canada
 Mexico
• Europe
 U.K.
 Germany
 France
• Asia Pacific (APAC)
 Japan
 China
 India
• Middle East & Africa (MEA)
 South Africa
 UAE
 Saudi Arabia
• South & Central America (SCAM)
 Brazil

Complete Report is available at http://bit.ly/2FwAr7D

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This release was published on openPR.