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Vascular Stent Market 2021 - Key Insights, Company Profiles, Complete Overview, Global Manufacturers, Industry Size, Applications, Opportunity and Forecast
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The vascular stent market is estimated to register the highest growth during the forecast period. The high-growth in this regional segment can be attributed to the presence of a large population base, growing prevalence of vascular diseases, rising adoption of advanced technologies, and low manufacturing costs for medical devices in emerging Asian countries.
The vascular stent market projected to reach USD 17.68 billion by 2021 from USD 12.21 billion in 2016, at a CAGR of 7.7% from 2016 to 2021. Growth of this market majorly driven by factors like technological advancements in vascular stents, increasing number of angioplasty procedures, rising burden of vascular diseases, increasing demand for minimally invasive procedures, & rising geriatric population.
Currently, vascular stents market witnessing a new phase of technology development with launch of fully dissolving stents The coronary stents segment dominated market in 2016 majorly due to rising incidence of coronary artery disease & technological advancements in coronary stents.
North America was largest vascular stents market in 2016, with U.S. accounting for a major share of this regional market. Asian market expected to grow at highest CAGR during forecast period. Factors like large population base, growing prevalence of cardiovascular diseases, rising adoption of advanced technologies, and low manufacturing costs for medical devices in emerging Asian countries are expected to drive growth of Asian market in coming years.
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The vascular stent market categorized on basis of product, type, mode of delivery, material, end user, and region. Several global and local players are operating in vascular stent market, making it highly fragmented. Various players are offering several products across different subsegments of this market.
Vascular Stent Market, By Product
1 Introduction
2 Coronary Stents
3 Peripheral Stents
4 Carotid Artery Stents
5 Renal Artery Stents
6 Femoral Artery Stents
7 Iliac Artery Stents
8 Other Peripheral Stents
9 Evar Stent Grafts
10 Abdominal Aortic Aneurysm Stents
11 Thoracic Aortic Aneurysm Stents
Key players are include Medtronic, plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), BIOTRONIK SE & Co. KG (Germany), B. Braun Melsungen AG (Germany), Terumo Corporation (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Vascular Concepts (India), W. L. Gore and Associates (U.S.), C. R. Bard (U.S.), Endologix, Inc. (U.S.), Lombard Medical Technologies (U.K.), Translumina GmbH (Germany), & JOTEC GmbH (Germany).
#More Information “Vascular Stent Market by Type (BMS, BVS, Drug Eluting), Product (Coronary, Peripheral, Carotid, Femoral, Aortic Aneurysm), Material [Metal (Stainless Steel, PtCr, Nitinol), Polymer], End User (Hospital, Cardiology Center, ASC)- Global Forecast to 2021” report @ http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=985407 .
Vascular stent market is categorized on the basis of product, type, mode of delivery, material, end user, and region. Apart from comprehensive geographical analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players in the last three years. In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted.
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