Global Stents Market Leading Manufacturers Profiles by Industry Size, Share, Trends and Forecast 2026| BD, Biotronik SE & Co. KG, Elixir Medical Corporation, MicroPort Scientific Corporation, STENTYS SA, Biosensors International Group, Ltd

Global stents market is registering a substantial CAGR of 6.85% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to the surging acquisition of minimally invasive techniques with surging rate of cardiovascular surgeries and restless lifestyle coupled with rising elderly and obese population base is expected to drive the market.

Stents market report is offered to the business with a comprehensive overview of the market, covering various aspects such as product definition, market segmentation based on various parameters, and the customary vendor landscape. This market analysis report conveys the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020 - 2026. It also studies the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors with the help of SWOT analysis and Porter's Five Forces Analysis.

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Few of the major market competitors currently working in the global stents market are, B. Braun Melsungen AG, Abbott, Medtronic, Boston Scientific Corporation, Johnson & Johnson Services Inc., BD, Biotronik SE & Co. KG, Elixir Medical Corporation, MicroPort Scientific Corporation, STENTYS SA, Biosensors International Group, Ltd., Vascular Concept, Cook, Hexacath, Terumo Corporation, MICRO-TECH Europe, Teleflex Incorporated, Merit Medical Systems, Novatech SA, and Fuji Systems among others.

Stents Market Developments

BIOTRONIK announced the launch of their PK Papyrus covered coronary stent system in April 2019 in United States. This is specially designed so it can be used in for the urgent treatment of acute coronary perforations. This launch will help the company to solidify their BIOTRONIK’s vascular intervention portfolio and strengthen their position in the market.

Terumo Corporation announced the acquisition of Essen Technology (Beijing) Co., Ltd in January 2019. This acquisition will help the company to enter into the drug eluting stents market and will gelp them to enhance their reach in the China. With this they will also be able to solidify their market position and will also expand their interventional systems business.

Key Developments in the Market:

In May 2019, Olympus had launched HANAROSTENT self-expanding metal stents (SEMS). It is easily placed under fluoroscopic and endoscopic guidance so that the patency is restored with a design that minimizes the migration risk. It is efficient as well as it provides the clinical value and economic value. This product launch has expanded the company product portfolio and the benefit associated with the product will position the company as a market leader.
In February 2018, Medtronic had launched First 2.0 mm Drug-Eluting Stent in the U.S. designed to treat patients with small vessels. It enables cardiologists to diagnose patients of small vessels with coronary artery disease (CAD). This product launch will expand the product portfolio and will position the company as an innovator in the stent market.

Market Drivers

The surge in the obese and elderly population has driven the market growth
The rising prevalence of chronic diseases has boosted the market growth

The various innovations in the field of stunts is propelling the market growth

Healthcare infrastructure in the developing countries has improved which contributes to market growth
The insurance and reimbursement has improved which fuels the market growth

Market Restraints

The stents implants treatment cost is high which restrict the market growth
The compliances and stringent approval for stents hinders the growth of the market

Segmentation: Global Stents Market

By Product

Coronary Stents
Drug-Eluting Stents (des)
Bare-Metal Coronary Stents
Bioabsorbable Stents
Peripheral Stents
Iliac Stents
Femoral-Popliteal Stents
Renal & Related Stents
Carotid Stents
Stent-Related Implants
Synthetic Grafts
Vena Cava Filters

By Biomaterial

Metallic Biomaterials
Polymeric Biomaterials
Natural Biomaterials

By End User

Hospital
Cardiac Centers
Others

By Geography

North America
South America
Europe
Asia-Pacific
Middle East and Africa

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Report highlights

To gain information about the top players in this industry, their product portfolios, and their key strategies.

Key parameters which are driving this market and restraining its growth
Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.

What all challenges manufacturers will face as well as new opportunities and threats faced by them.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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