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Coronary Stents Market is estimated to grow at a CAGR of 8.1% during the forecast period of 2023-2030 : Cognitive Market Research

03-14-2023 02:01 PM CET | Health & Medicine

Press release from: Cognitive Market Research

Coronary Stents Market is estimated to grow at a CAGR of 8.1% during the forecast period 2023-2030 : Cognitive Market Research

Coronary Stents Market is estimated to grow at a CAGR of 8.1% during the forecast period 2023-2030 : Cognitive Market Research

Market Overview:
- A coronary stent is a tubular medical device used to treat coronary heart disease and keep the arteries in the heart's blood supply open. It is used in a procedure called PCI (percutaneous coronary intervention). This tube looks like a thin metal mesh tube that can develop inside of a coronary artery to repair narrowed arteries and reduce heart attack symptoms like chest pain.

Summary
• Global Coronary Stents Market is anticipated to be valued at USD 12,121.0 million in 2022 and is expected to exhibit a CAGR of 8.1% during the forecast period (2023-2030).
• North America dominates the global coronary stents market with the highest revenue share

"To know more about The Coronary Stents Market statistics click here: https://www.cognitivemarketresearch.com/coronary-stents-market-report

Market Dynamics:
- The rising prevalence of coronary artery disease is the major factor that drives the demand for the global coronary stent market. In addition, rising product approvals by regulatory authorities are forecasted to dominate the global coronary stents market.
Furthermore, growing technological advancement in the sector of coronary stents offers the opportunity for the global market.
However, side effects associated with coronary stents may restrain the global market growth.

Market Segmentation:
Product Type:
• Bioabsorbable Stents
• Bare-Metal Stents
• Drug Eluting Stents
By product type, the market is segmented into drug-eluting stents, bare metal stents, and bioabsorbable stents. Drug-eluting stents segment is dominant, due to growing the product launches by major market players.

Material:
• Metallic
• Polymeric
By material, the market is segmented into metallic (titanium nitride oxide, cobalt chromium, stainless steel, silicon carbide, platinum chromium, and others) and polymeric (degradable/temporary stents and non-degradable/permanent stents). A polymeric segment is forecasted to dominate the global market, due to the growing use of polymeric stents for the treatment of coronary artery disease.

End User:
• Ambulatory Surgical Centers
• Hospitals
• Specialty Clinics
• Others
The coronary stents market is segmented into hospitals, ambulatory surgical centers, and specialty clinics. The hospital segment is forecasted to dominate the global market. The growing use of coronary stents for the treatment of coronary artery diseases drives the demand for the global market.

The Major Players in Coronary Stents Market are:
Abbott Laboratories, B. Braun Melsungen AG, Biotronik Se & Co. KG, Boston Scientific Corporation, Becton, Dickinson and Company, Elixir Medical Corporation, Medtronic PLC., Microport Scientific Corporation, Biosensors International Group, Terumo Corporation

Get free sample pages of the latest published Coronary Stents Report:
https://www.cognitivemarketresearch.com/coronary-stents-market-report/report_enquiry/4

Regional Analysis:
- North America held the largest revenue share for the global coronary stents market
North America dominates the global coronary stents market with the highest revenue share. This is attributed to growing cardiovascular diseases such as stroke, ischemic heart disease, heart attack, etc. Furthermore, Asia-Pacific is forecasted to dominate the global market. This is attributed to the increased screening for CAD and economic growth in the country in the region.

Coronary Stents market recent news:
- Relisys Medical Devices Limited introduced the launch of its new product Release-R
In January 2022, Relisys Medical Devices Limited which is the world's largest producer of cardiovascular medical devices introduced the launch of its new product Release-R, which is the locally produced drug-eluting stent in India.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Coronary Stents Market
Chapter 4 Global Coronary Stents Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
• 5.1 Global Coronary Stents Market Revenue and Share by Manufacturers (2018-2022)
• 5.2 Global Coronary Stents Industry Mergers and Acquisition Analysis
• 5.2 Global Coronary Stents New Launches Analysis
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Coronary Stents Market by Product Type Segmentation Analysis (2018-2030)
Chapter 9 Global Coronary Stents Market by Material Segmentation Analysis (2018-2030)
Chapter 10 Global Coronary Stents Market by End-User Segmentation Analysis (2018-2030)
Chapter 11 Global Coronary Stents Market Regional Analysis
• 11.1 Detailed Qualitative Analysis
• 11.2 Global Coronary Stents Market Revenue by Region (2018-2030)
• 11.2 Global Coronary Stents Market Share (%) by Region (2018-2030)
Chapter 12 North America Coronary Stents Market Outlook (2018 - 2030)
Chapter 13 Europe Coronary Stents Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Coronary Stents Market Outlook (2018 - 2030)
Chapter 15 Latin America Coronary Stents Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Coronary Stents Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customized/Exclusive Report Access on Request

To know more Coronary Stents Market TOC click here: https://www.cognitivemarketresearch.com/coronary-stents-market-report#table_of_contents

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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