India Coronary Stents Market Expected to Expand at a Steady 2024-2031 | Abbott Laboratories, Medtronic, Inc, Biosensors Inc, Terumo Corporation

India Coronary Stents Market is estimated to be valued at US$ 1,303.5 million in 2023 and is expected to exhibit a CAGR of 13.2 % during the forecast period (2023-2030).

The latest market intelligence report published by CMI with the title "Global India Coronary Stents Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Medical Devices industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on India Coronary Stents Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Key Trends

Rising Prevalence of Cardiovascular Diseases: The increasing incidence of cardiovascular diseases (CVDs), including coronary artery disease (CAD), is driving the demand for coronary stents. Lifestyle changes, dietary habits, and an aging population contribute to the growing prevalence of these conditions.

Technological Advancements: Innovations in stent technology, such as drug-eluting stents (DES) and bioresorbable stents, are enhancing treatment outcomes. Drug-eluting stents, which release medication to prevent restenosis, and bioresorbable stents, which gradually dissolve in the body, are becoming more popular due to their improved performance and reduced complications.

Government Initiatives and Healthcare Reforms: The Indian government is focusing on improving healthcare infrastructure and increasing access to advanced medical treatments. Initiatives such as the Pradhan Mantri Jan Arogya Yojana (PM-JAY) aim to provide financial protection for healthcare expenses, including procedures involving coronary stents.

Growth of the Medical Tourism Sector: India's growing reputation as a medical tourism destination is contributing to the demand for advanced coronary stent procedures. Patients from neighboring countries and beyond are seeking high-quality, cost-effective treatments in India.

Increased Adoption of Minimally Invasive Procedures: There is a growing preference for minimally invasive procedures, including percutaneous coronary interventions (PCI) using stents. These procedures offer shorter recovery times and reduced hospital stays compared to traditional surgical methods.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

By Product Type: Drug Eluting Stents, Bare Metal Stents, Bioresorbable Vascular Scaffold, Drug- Eluting balloons (DEB)
By Material: Cobalt Chromium, Stainless Steel, Platinum Chromium, Nickel Titanium, Polymer
By End user: Hospitals, Ambulatory Surgical Centers, Cardiac Catheterization Laboratories

Following are the players analyzed in the report:

◘ Abbott Laboratories
◘ Medtronic
◘ Inc
◘ Biosensors Inc
◘ Terumo Corporation
◘ Boston Scientific Inc.,Becton
◘ Dickinson and Company
◘ Cook medicals
◘ B Braun Melsungen AG
◘ SLTL Medical
◘ Endocare
◘ Cardiac Care Products
◘ Invent Bio-med Private Limited
◘ Nano therapeutics pvt ltd
◘ MIV therapeutics.

Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmarketinsights.com/insight/buy-now/3484

The research provides answers to the following key questions:

• What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the India Coronary Stents market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the India Coronary Stents market?
• What are the prominent market trends influencing the development of the India Coronary Stents market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the India Coronary Stents market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

➼ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
➼ Reports provide opportunities and threats faced by suppliers in the India Coronary Stents and tubes industry around the world.
➼ The report shows regions and sectors with the fastest growth potential.
➼ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
➼ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
➼ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
➼ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

Author of this marketing PR:

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