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Global Vascular Stent Market Size, Share, Trends, Growth Drivers, Challenges, Competitive Landscape And Forecast Analysis, 2023-2032: Medtronic Plc., Abbott Laboratories, Boston Scientific Corporation, Biotronik
Vascular Stent Market
Vascular Stent Market Size, Growth Rate, And Forecast
The global vascular stent market size is expected to grow from $13.42 billion in 2022 to $14.67 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The vascular stent market is expected to grow to $20.53 billion in 2027 at a CAGR of 8.8%.
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Vascular Stent Market Drivers
Rise in the incidence of vascular diseases will propel the growth of the vascular stent market going forward. Vascular disease refers to an abnormal condition that affects the blood vessels (arteries and veins) and is part of the cardiovascular diseases (CVD) group. The vascular stents help in the treatment of various vascular diseases by enabling the supply of oxygen-rich blood to the heart.
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Vascular Stent Market Segments
• By Product: Coronary Stents, Peripheral Vascular Stents, and Evar Stent Grafts
• By Type: Bare Metal Stent, Bio-Engineered Stent, Bioresorbable Vascular Scaffold, Drug-Eluting Stent, Dual Therapy Stent
• By Material: Metallic Stents, Cobalt-Chromium, Platinum-Chromium, Nickel-Titanium, Stainless Steel, Polymer Stents
• By Mode of Delivery: Balloon-expandable Stent, Self-expanding Stent
• By End-user: Ambulatory Surgical Center, Cardiac Center, Hospital
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the vascular stent market.
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Vascular Stent Market Key Players
Major competitors in the vascular stent market are Medtronic Plc., Abbott Laboratories, Boston Scientific Corporation, Biotronik, B. Braun (B. Braun Melsungen), Terumo Corporation, Meril Life Sciences Pvt. Ltd., JOTEC GmbH, W. L. Gore & Associates.
The Business Research Company's "Global Vascular Stent Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Vascular Stent Market Include:
1. Executive Summary
2. Vascular Stent Market Characteristics
3. Vascular Stent Market Trends And Strategies
4. Vascular Stent Market - Macro Economic Scenario
5. Vascular Stent Market Size And Growth
………………
27. Vascular Stent Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vascular Stent Market
29. Vascular Stent Market Future Outlook and Potential Analysis
30. Appendix
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