openPR Logo
Press release

Coronary Stents Market Top Players - Abbott, B. Braun Melsungen AG, Biosensors International Group, Ltd., Biotronik SE & Co. KG, Boston Scientific Corporation, Medtronic plc, Meril Life Sciences Pvt. Ltd.

05-18-2020 04:33 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Coronary Stents Market

Coronary Stents Market

Coronary Stents Market is expected to exceed USD 8.0 billion by 2025. Increasing coronary artery diseases coupled with growing demand for minimally invasive surgeries will boost the market growth.

Some major findings of the coronary stents market report include:
o Increasing prevalence of cardiovascular disorders across the globe will serve as a high impact rendering factor for coronary stents market growth
o Technological advancement in stents along with growing inclination towards minimally invasive techniques will ensure quick patient recovery and offer better healthcare outcomes
o Major players operating in the coronary stents market include Abbott, B. Braun Melsungen AG, Biosensors International Group, Boston Scientific Corporation, and Medtronic plc

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/2966?utm_source=open&utm_medium=vsm

o Competitors focus on design innovations to modify the stents as per patient's condition and capitalize on market opportunities to gain competitive edge over others

Increasing prevalence and recurrence rate of cardiovascular disorders across the globe will prove beneficial for industry growth across the forecast timeframe. Coronary heart disorder is a medical condition where the patient's blood circulation to the heart is interrupted due to deposition of fatty plaques in the artery walls. It is the most common heart disorder that affects millions of people across the world. Hence, increasing prevalence of heart diseases will significantly drive coronary stents market growth.

Increasing technological advancements associated with coronary stents, such as bifurcated stents and use of biodegradable materials are expected to prompt a rise in the market value. Major players operating in the market are focusing primarily on design innovations to modify the stents as per patient's condition. For instance, in February 2018, Medtronic plc announced the launch of Resolute Onyx 2.0 mm Drug-Eluting Stent (DES); the smallest DES in the coronary stents market. Such technological innovations will positively boost product demand, thus augmenting industry growth. However, stringent regulatory scenario in developed countries coupled with post-surgical complications will limit industry growth up to a certain extent.

Coronary stents are bifurcated into drug eluting stent, bare metal stent and bioresorbable vascular scaffold. Bare metal stent segment accounted for USD 506.5 million in 2018 and will witness significant growth during the analysis timeframe. Bare-metal stent is without a covering or coating and were the first stents licensed for use in cardiac arteries. These stents reduce the risk of stent thrombosis after a heart bypass. Moreover, increasing prevalence of coronary heart disorders across various regions of the world will further propel segmental growth.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/2966?utm_source=open&utm_medium=vsm

End-use segment is classified into hospitals, cardiac centers and ambulatory surgical centers. Hospital segment held around 40% revenue share in 2018 and is poised to show tremendous growth during the forthcoming years. Hospital that meets percutaneous coronary intervention safety standards is allowed to perform stent implantations. Strict guidelines are followed with optimal safety for such procedures. Hence, owing to presence of safety standards and cost efficiency in government hospitals will boost segmental growth.

Germany coronary stents market is estimated to witness lucrative growth of 3.0% across the analysis period. High growth is attributable to increasing prevalence of cardiovascular diseases. Moreover, increasing rate of heart surgeries will further augment business growth. For instance, as per statistics, in 2016, around 51,000 heart bypasses were conducted in Germany. Also, rising number of ambulatory surgical centers in European countries is another chief factor propelling business growth.

Few notable companies operating in coronary stents market include Abbott, B. Braun Melsungen AG, Biosensors International Group, Biotronik, Boston Scientific Corporation and Medtronic plc. Industry players are implementing numerous strategies to expand the geographic presence and strengthen market position. For instance, in January 2019, Terumo announced the completion of acquisition of Essen Technology, a China-based company specialized in providing drug-eluting stents. This new acquisition will enable Terumo to expand its market in China and strengthen Asia Pacific market presence.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Coronary Stents Market Top Players - Abbott, B. Braun Melsungen AG, Biosensors International Group, Ltd., Biotronik SE & Co. KG, Boston Scientific Corporation, Medtronic plc, Meril Life Sciences Pvt. Ltd. here

News-ID: 2048360 • Views: 213

More Releases from Global Market Insights, Inc.

Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing

All 5 Releases


More Releases for Coronary

Cardiac Guidewire and Catheters Market | Coronary Guidewires
Global Cardiac Guide Wire and Catheters Market is Expected to Increse around US$ XX Mn by 2024, Due to Increasing Cardiovascular Disease Such as Heart Attack and Atherosclerosis Analyst Speak: “The Global Cardiac Guide Wire and Catheters Market is anticipated to reach about US$ XX Mn by 2024, and anticipated to expanding at a CAGR over six years of forecast period 2019-2024” due to rise in occurrence of cardiovascular diseases and
Coronary Stents Market - Competitive Strategies 2025
Global Coronary Stents Market: Snapshot The market for coronary stents has been gaining significant traction across the world. Technological advancements, increasing burden of CAD, and the rising base of geriatric population are the main factors that have been fueling the demand for coronary stents substantially. Apart from these, the augmenting demand for minimally invasive procedures and the rising number of percutaneous coronary intervention (PCI) procedures are also supplementing to the growth
Coronary Stent Market Influential Share of 2025
Global Coronary Stent Market: Overview The alarming rise in the number of cardiovascular diseases has become the primary growth driver for the global coronary stent market. Changing lifestyles that are characterized by high stress levels, alcohol consumption, smoking, and poor choice of food habits have collectively led to questionable heart health for the global market. The World Health Organization states that the cardiovascular diseases have become the leading cause of deaths
Global Coronary Stents Market 2018
Press Release - 28 Feb 2018 Global Research and Development News -- . . Report Description- '
Coronary Stents Market Is Thriving Worldwide
HTF MI published a new industry research that focuses on Coronary Stents market and delivers in-depth market analysis and future prospects of Global Coronary Stents market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is
Coronary Stent Market Ongoing Outlook 2025
Global Coronary Stent Market: Overview The alarming rise in the number of cardiovascular diseases has become the primary growth driver for the global coronary stent market. Changing lifestyles that are characterized by high stress levels, alcohol consumption, smoking, and poor choice of food habits have collectively led to questionable heart health for the global market. The World Health Organization states that the cardiovascular diseases have become the leading cause of deaths