Impact Analysis of Covid-19 On Coronary Stents Market is Booming Worldwide Investigated in the latest research by 2020-2027 | Boston Scientific Corporation, Abbott, Medtronic plc

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries around the globe with the World Health Organization declaring it a public health emergency. According to the World Health Organization’s report, the manifestation of COVID-19 has resulted in more than 20.6 million infected individuals worldwide as of 13 August 13, 2020. Furthermore, the global COVID-19 pandemic has led to a sudden pause in manufacturing activities across the globe, thereby affecting demand for coronary stents, as well as production and processing of coronary stents.

In September 2019, OrbusNeich Medical K.K., a Japan-based company, received approval for its COMBO Plus Coronary Stent from the Japan Ministry of Health, Labor, and Welfare (MHLW). The COMBO Plus Coronary Stent is the first drug-eluting stent [DES] to combine the proprietary endothelial progenitor cell [EPC] capture technology with an abluminal sirolimus drug elution delivered from a biodegradable matrix polymer that achieves full and complete dissipation in 90 days.

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Moreover, in May 2019, Medtronic Plc launched the Telescope Guide Extension Catheter. The extension catheters help to deliver coronary stents, balloons and other interventional devices during angioplasty procedures that help to restore blood flow through the coronary and peripheral arteries.

Coronary heart disease (CHD) is usually caused by a build-up of fatty deposits (atheroma) on the walls of the arteries around the heart (coronary arteries). The build-up of atheroma makes the arteries narrower, restricting the flow of blood to the heart muscle. This process is called atherosclerosis. Thus, the rising prevalence of coronary heart disease is increasing demand for coronary stents for management of coronary heart diseases.

According to the World Health Organization’s 2017 report, cardiovascular diseases (CVDs) were the number 1 cause of death globally, and around 17.9 million individuals died due to cardiovascular diseases in 2016. CVDs are a group of disorders of the heart and blood vessels and include coronary heart disease, cerebrovascular disease, rheumatic heart disease and other conditions.

Moreover, according to the U.S. Department of Health & Human Services report, coronary heart disease is the most common type of heart disease in the U.S. In 2017, around 3,65,914 people died due to coronary heart disease in the U.S.

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Detailed Segmentation:

Global Coronary Stents Market, By Product Type:
Bare-Metal Stents
Drug Eluting Stents
Bioabsorbable Stents
Global Coronary Stents Market, By Material:
Metallic
Stainless Steel
Silicon Carbide
Titanium Nitride Oxide
Cobalt Chromium
Platinum Chromium
Others
Polymeric
Non-degradable/Permanent Stents
Degradable/Temporary Stents
Global Coronary Stents Market, By End User:
Hospitals
Specialty Clinics
Ambulatory Surgical Centers

Major players operating in the global medical metal tubing market are Boston Scientific Corporation, Abbott, Medtronic plc, B. Braun Melsungen AG, Stentsy SA, Terumo Interventional Systems, Kyoto Medical Planning Co., Ltd., QualiMed, Elixir Medical Corporation, ENDOCOR GmbH, BIOTRONIK SE & Co. KG, Amaranth Medical, Inc. and Arterial Remodeling Technologies SA

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NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details

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