Stents Market to Register Steady Growth During 2017 - 2025
The lifesaving function of stents, which are small mesh tubes inserted inside blocked arteries to open up the passage for blood to travel from the heart to other parts of the body, have resulted in their swift sales.
Majorly fuelling demand for stents, globally, are the rising occurrence of cardiovascular diseases, alarming increase in cholesterol levels, and rising prevalence of respiratory disorders. Further, rise in unhealthy eating habits such as smoking, alcohol intake and sedentary lifestyles, all of which up instances of cardiovascular disorders, are also serving to boost demand in the market. Obesity and hypertension are some other health conditions associated with the blockage of the arteries.
Posing a challenge to the sales of stents, on the other hand, are the risks pertaining to their insertion. This is because, they can result in blood clots, soreness, allergic reactions, infection of the vessel, re-narrowing of an artery, and development of kidney stones on using a stent in the ureters.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1457
From a geographical standpoint, North America and Europe are major markets for stents because of new varieties such as bioresorbable stents gaining traction in the region. In Asia Pacific, Japan, India, Australia, and China are primarily powering growth on account of their gradually increasing healthcare infrastructure, helpful government regulations and policies, and prevalence of cardiovascular diseases.
Medtronic, Inc., OrbusNeich, Eurocor GmbH, Cordis Corporation, Sahajanand Medical Technologies Pvt. Ltd., Micell Technologies, Inc., MIV Therapeutics, Inc., Bioring SA, Abbott Laboratories, and Boston Scientific Corporation are to name a few prominent vendors of stents in the global market.
Global Stents Market: Overview
Stents are tiny tubes that doctors can insert into a blocked passage to keep it open, so as to facilitate the flow of fluids such as blood. Made of plastic, fabric, or metal, stents are needed when plaque, a substance made of cholesterol, attaches itself to the walls of a blood vessel. An emergency procedure may also require a stent if an artery of the heart is blocked. Apart from blood vessels, stents also aid in the opening of bile ducts, airways of the lungs, and tubes that carry urine to the bladder from the kidney.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1457
Global Stents Market: Key Trends
Increasing incidence of cardiovascular diseases, high levels of cholesterol, and growing prevalence of respiratory disorders are some of the prominent growth drivers of the global stents market. Growing adoption of unhealthy lifestyles and eating habits, along with harmful practices such as smoking, drinking alcohol, and lack of physical activity have been the major reasons for increased prevalence of cardiovascular disorders. Obesity and hypertension are some other health conditions associated with the blockage of the arteries.
On the other hand, the growth of the global market for stents might be restricted on account of the risks associated with the inserting of stents, such as soreness, blood clots, allergic reactions, infection of the vessel, re-narrowing of an artery, and development of kidney stones on using a stent in the ureters. However, the risks of not using a stent outweigh the risks of getting one, because blocked blood vessels and limited blood supply can have life-threatening consequences. The coronary stents segment is likely to present considerable opportunities, with the bioabsorbable or bioresorbable stents commanding maximum share.
Request Discount of the Report @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1457
Global Stents Market: Market Potential
The increasing number of approvals of new stents worldwide is expected to result in better patient outcomes, thereby raising the demand for stents. For instance, in March 2017, CeloNova BioSciences, Inc. achieved the approval of the U.S. Food and Drug Administration (FDA) for its nano-coated coronary stent system, COBRA PzF.
The Health Ministry of India approved the nation’s premier locally made naturally dissolving stent, ‘MeRes100’, developed by Meril Life Science, a Gujarat-based company. Also known as bioresorbable cardiac scaffold, these stents are made from a material that gets absorbed by the body and disappears gradually over a period of three years. Before Meril Life Science, Abbot India came up with its ‘Absorb’ stents in 2012.
In India, the price of coronary stents has been reduced by almost 85% by the government. A drug eluting stent, which was previously priced between Rs.40000 – Rs.170000, will now be made available at Rs.29600. This development will boost the deployment of previously expensive stents such as bioabsorbable vascular stents (BVS) in India to a significant degree.
Global Stents Market: Regional Outlook
Based on geography, the global market for stents can be segmented into Asia Pacific, Europe, North America, and the Rest of the World (RoW). The rising geriatric population worldwide has led to a rising frequency of various diseases that require stents for their treatment. As a result, the demand for stents will rise substantially.
The countries in North America and Europe are expected to represent a significant share in the global stents market owing to the rising awareness about the benefits of bioresorbable stents. The stents markets in India, Japan, Australia, and China are likely to expand steadily as rising healthcare infrastructure, beneficial government regulations and policies, and rising incidence of cardiovascular diseases are accelerating the demand in these regions.
Global Stents Market: Competitive Analysis
Some of the major companies operating in the global stents market are Medtronic, Inc., OrbusNeich, Eurocor GmbH, Cordis Corporation, Sahajanand Medical Technologies Pvt. Ltd., Micell Technologies, Inc., MIV Therapeutics, Inc., Bioring SA, Abbott Laboratories, and Boston Scientific Corporation.
The global stents market appears to be highly fragmented in terms of competition. Several leading companies at the global as well as regional levels have been adopting business strategies such as mergers, partnerships, and acquisitions to make a mark in the market.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Stents Market to Register Steady Growth During 2017 - 2025 here
News-ID: 861942 • Views: 119
More Releases from TMR Research
IoT in Manufacturing Market Present, History, Future and Forecast 2025 | IBM Cor …
Global IoT in Manufacturing Market: Snapshot The global IoT in manufacturing market is driven by an increasing need for centralized monitoring and predictive maintenance of manufacturing infrastructure. The growing demand for operational efficiency, agile production, operational control, and connected logistics will also support the growth of the IoT in manufacturing market. The global IoT in manufacturing market is highly fragmented with the presence of both large and small companies in high
Airport Retailing Market Global Industry Trends Analysis 2025 | World Duty Free …
Global Airport Retailing Market: Snapshot Airport retailing is basically the presence of many retail services of many products inside the airport for providing enhanced convenience to the people travelling. Airport retailing also delivers a broader variety of merchandizes and is a comparatively easy choice for travelers. As many retailers tend to think that airport retailing is just strategy diversification and market expansion. However, this kind of thinking is expected to lead
Incident Response Services Market Overview and Outlook 2017 to 2025 | Dell Secur …
Global Incident Response Services Market: Snapshot Incident response refers to the management and active efforts taken after an attack or a security breach has taken place. Incident response services primarily deal with an organized approach towards the incident and most service providers adhere to the core goal of managing the incident in a way that will reduce damage in terms of time and money. Incident response service providers usually incorporate plans
Telecom Cloud Billing Market Development, Application and Forecast 2025 | Ericss …
Global Telecom Cloud Billing Market: Snapshot The global telecom cloud billing market is projected to be a forward-looking breeding ground of lucrative prospects birthing from the advent of cloud computing as a mainstream IT strategy. Cloud computing is the new in telecom billing that catalyzes important modifications in traditional billing architectures. Anticipated to reshape conventional billing concepts, cloud computing enables the deliverance of highly scalable IT resources directly over the web
More Releases for Stents
Increasing prevalence of urinary incontinence with age and rising geriatric population are major factors expected to drive the ureteral stents market growth during the forecast period. According to the Global Forum for Incontinence held in 2014, incontinence is a serious medical condition and set of diseases, which affected 4% to 8% of the population or the lives of around 400 million people worldwide over a period of 2007-2010. Furthermore, lifestyle associated
Surgical Stents Market by Cardiac Stents, Urinary Stents, Biliary Stents, Esopha …
Surgical Stent Market Scenario: The stent is a small, flexible metal or plastic tube that is inserted into the vessels or duct to keep the passageway open. Different types of materials like metal, standard polymer, and biodegradable polymer are used for the preparation of the surgical stents. According to the WHO (2015), more than 35% of the total global population was suffering from major or minor cardiovascular complications; and in 2014,
Global Enteral Stents Market For 2017: By Product Type - Esophageal Stents, Gast …
Researchmoz added Most up-to-date research on "Global Enteral Stents Market For 2017: By Product Type - Esophageal Stents, Gastroduodenal Stents & Colon Stents" to its huge collection of research reports. In this report, the global Enteral Stents market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report
Global Drug Eluting Stents (DES) Market: By Types - Nitinol Stents, Platinum chr …
Researchmoz added Most up-to-date research on "Global Drug Eluting Stents (DES) Market: By Types - Nitinol Stents, Platinum chromium alloy Stents, Stainless steel Stents & Other Materials" to its huge collection of research reports. This report studies Drug Eluting Stents (DES) in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast
Europe's Coronary Stent Market: By Product Type - Bare Metal Stents, Drug Elutin …
Researchmoz added Most up-to-date research on "Europe's Coronary Stent Market: By Product Type - Bare Metal Stents, Drug Eluting Stents & Bio-absorbable Stents" to its huge collection of research reports. This report studies sales (consumption) of Coronary Stent in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries,
Japan's Coronary Stent Market: By Product Types - Bare Metal Stents, Drug Elutin …
Researchmoz added Most up-to-date research on "Japan's Coronary Stent Market: By Product Types - Bare Metal Stents, Drug Eluting Stents & Bio-absorbable Stents" to its huge collection of research reports. This report studies sales (consumption) of Coronary Stent in Japan market, focuses on the top players, with sales, price, revenue and market share for each player, covering Abbott Laboratories, Inc. Boston Scientific Corporation Medtronic, Inc. Johnson & Johnson Terumo Corporation B. Braun Melsungen AG C. R. Bard, Inc. Cook