Coronary Stents Market: Manufacturers, Future Trends, Demands and Revenue Analysis by 2022

A coronary stent is a minute tube widely used to open a narrowed artery during percutaneous coronary intervention procedure (PCI). This treatment procedure involves insertion of a balloon-tipped tube (catheter) into an artery and is carried toward the location of the blockage.

Furthermore, the stent expands and forms a scaffold after inflation of the balloon, holding the artery open, and thereby improving the blood flow to the heart.

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Coronary stents are applicable to the treatment of cardiac diseases, such as myocardial infarction, angina pain, and coronary artery disease. The demand for coronary stents has increased significantly, owing to the rise in the prevalence of coronary artery disease (CAD) globally.

In addition, the emergence of innovation in coronary stents further drives the market growth.

Coronary Stents Market Report, published by Allied Market Research, projects that the global market was valued at $4,806 million in 2015, and is projected to reach at $9,003 million by 2022, growing at a CAGR of 9.5% from 2016 to 2022.

Major Players:

• Abbott Laboratories
• B. Braun Melsungen AG
• Boston Scientific Corporation
• C. R. Bard Inc.
• Microport Scientific Corporation
• Terumo Corporation
• Medtronic plc.
• Biotronik SE & Co. KG
• Biosensors International Group Ltd.
• Stentys SA.

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Key Benefits for Stakeholders:

• The study provides an in-depth analysis of the global coronary stents market, with current trends and future estimations to elucidate the imminent investment pockets from 2014 to 2022.

• Key market players are profiled and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the market.

• Porters Five Forces model elucidates the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players.

• A quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on the prevailing market opportunities is discussed.

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