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Global Bio-Engineered Stents Market to Expand at 6.4% CAGR Dynamic Growth & Emerging Trends By Key Players C. R. Bard, Lombard Medical Technologies, Biotronik SE & Co. KG, Terumo Corporation, Endologix

06-13-2020 09:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

QMI

QMI

The bio-engineered stents market was valued at USD 2.32 billion in 2019 and expected to grow at a CAGR of 6.4% during the forecast period. Growing FDA approvals with enhanced organic solutions and the adoption of advanced stents in the global market will drive the growth in the near future. Top corporations are focusing on new product development and FDA clearance on an international scale. A developing wide variety of clinical trials for future launch by using international players anticipated to force the growth of the market inside the near future.

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The market research report presents an overview of the current market set-up along with a detailed outlook of the global Bio-Engineered Stents market with thorough analysis of different segments which comprises of By Product (Dental Implants and Bone Anchored Prostheses), Material (Biomaterials, Ceramic, Metallic and Polymers), End User (Ambulatory Surgical Centers, Hospitals and Dental Clinic).

Major Companies profiled in the report which are some of the key players in the global market. These major companies operating in the market are ORBUSNEICH MEDICAL, Medtronic Plc, Abbott Laboratories, Vascular Concepts, C. R. Bard, Lombard Medical Technologies, Biotronik SE & Co. KG, Terumo Corporation, Endologix, Inc., and Translumina GmbH.

Recent trends involving global players of the market engaging in strategic collaborations and the growing support of government and healthcare agencies are expected to have a synergistic effect on market growth. Such partnerships lead to development and boost the market competition.

 In June 2016 Abbott Laboratories acquired the FDA approval for Absorb GT1 (bioresorbable vascular scaffold system), a stent that is slowly absorbed by the human body.
 In September 2018, Biotronik obtained the US FDA approval for coronary stent systems for the management of the intense coronary artery.

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Regional Analysis
North America is predicted to account for the highest market share in terms of value and volume in the global bio-engineered stents market. Moreover, the growth of the region is primarily due to the rising prevalence of cardiovascular sicknesses and the boom within the release of effective stent gadgets through the acquisitions amongst many players. In addition, increasing expenditure inside the studies and improvement activities with the aid of main gamers are in all likelihood to enhance the bio-engineered stents device market at some point in the forecast period.

Furthermore, the Asia Pacific is expected to grow at the highest CAGR in the global Bio-engineered stents marketplace owing to growth within the patient populace and developing investments in providing higher healthcare infrastructure through the government-funded organizations. The presence of a large number of developing nations such as China, India, and South Korea that are focused on the development and advancement in the domestic healthcare industry. Such factors are expected to enhance the market share for the Asia-Pacific in the global market during the forecast period.

An Overview of the report
1. The report offers insights on the global sales and revenue of the Bio-Engineered Stents market
2. The recent market developments are scrutinized to project latest trends along with growth rate projections
3. Deeper understanding of the competitive landscape of the major companies operating in the market
4. New Opportunities and challenges for the global market
5. Study of innovation and technological advancements in the industry

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Analysts have thoroughly examined the market with exhaustive research based on profound understanding of the market with extensive analysis. The global market has been categorized into several segments along with regional analysis to offer insights on present and prospective growth trajectories.

Market Segmentation:

By Product
Dental Implants
Bone Anchored Prostheses

By Material
Biomaterials
Ceramic
Metallic
Polymers

By End User
Ambulatory Surgical Centers
Hospitals and Dental Clinic

By Region:
North America Bio-Engineered Stents Market
By Country (US, Canada, Mexico)
By Product
By Material
By End User

Europe Bio-Engineered Stents Market
By Country (Germany, Russia, UK, France, Spain, Europe)
By Product
By Material
By End User

Asia Pacific Bio-Engineered Stents Market
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product
By Material
By End User

Middle East & Africa Bio-Engineered Stents Market
By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
By Product
By Material
By End User

South America Bio-Engineered Stents Market
By Country (Brazil, Argentina, Colombia, Rest of South America)
By Product
By Material
By End User

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT:
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