Arterial Stents Market | Rising Burden of Coronary Artery Diseases Stokes Demand
Majority players in the market are engaged in clinical trials to introduce novel products in a bid to gain competitive advantage, despite long haul involved for regulatory approvals. These companies are also seeking the use of novel alloys such as nitinol and Co-Cr for the manufacture of arterial stents to stay ahead in the rising competition.
View Report -
According to TMR, the global arterial stents market is likely to expand at a CAGR of 9.5% from 2017 to 2025, for the market to be valued at US$17.8 bn by the end of 2025 from US$8.0 bn in 2016. Among the key product types, coronary stents held the leading market share in 2016. However, peripheral stents is anticipated to surpass in terms of growth rate by 2015. On the basis of application, coronary artery held the leading market share in 2016; going forward, the segments is anticipated to continue to lead over the forecast period. Geography-wise, Europe emerged as the most lucrative market for arterial stents in 2016.
Request to View Brochure of Report -
Lack of Modern Healthcare Facilities in Emerging Economies Limits Adoption
However, on the flip side, rising investments for research and development of venous stents by both public and private companies is likely to slow the adoption of arterial stents. Further, lack of well-qualified interventional cardiologists along with rising preference for bypass surgery for cardiovascular diseases in developing countries due to lack of modern healthcare facilities are likely to challenge the growth of arterial stents market over the forecast period.
Request to View Sample of Report -
Efficacy of Arterial Stents for Coronary Artery Disorders a Boon for Market
Technological advances and introduction of innovative arterial stents such as bioresorbable stents coupled with increasing prevalence of atherosclerosis and several other arterial disorders are majorly fuelling the growth of arterial stents markets.
Arterial stents are minuscule tube-shaped devices that are placed in the artery during an invasive procedure called Percutaneous Coronary Intervention (PCI) or angioplasty. The arterial stents are placed in the arteries permanently that work to open the arteries and to improve blood flow. The formation of fatty deposits called plaques blocks arteries and obstructs blood flow. This requires stents to be placed inside the arteries to reduce chest pain and improve survivability of patients. The interventional cardiologists inserts the stent inside the blocked arteries to keep them open.
Proven efficacy of arterial stents for the treatment of peripheral and coronary artery diseases, and increasing use of novel materials such as nitinol and Co-Cr for the manufacture of stents are some other key factors benefitting the market’s growth. Apart from this, improved reimbursement policies for PCI are expected to bode well for the growth of arterial stents market.
Purchase this Report @
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
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 Arterial Stents Market | Rising Burden of Coronary Artery Diseases Stokes Demand here
News-ID: 929923 • Views: 557
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for Arterial
Global Arterial Stents Market: Better Diagnosis of Peripheral Arterial & Coronar …
The report offers a succinct executive summary of worldwide arterial stents market. The report also highlights major information regarding the key stakeholders operating in arterial stents market. The report provides information on the present nature and future status of the arterial stents market. The data and statistics presented in this report undergo various checks and balances to offer relevant insights that are accurate. Presently, a new study titled “Arterial Stents
Global Arterial Stents Market: Competitive Landscape
Arterial stents are key components of percutaneous coronary intervention (PCI) procedures commonly known as angioplasty and makes for a market that is expanding with rising incidence of blockage in the coronary artery. To serve this, the global arterial stents market is witnessing the presence of several large and regional players, which makes the competitive landscape fragmented. A recent market study by Transparency Market Research (TMR) observes the concentration of small
Global Arterial Stents Market: Better Diagnosis of Peripheral Arterial & Coronar …
The report offers a succinct executive summary of worldwide arterial stents market. The report also highlights major information regarding the key stakeholders operating in arterial stents market. The report provides information on the present nature and future status of the Global Arterial Stents Market. The data and statistics presented in this report undergo various checks and balances to offer relevant insights that are accurate. Presently, a new study titled “Arterial Stents
Global Pulmonary Arterial Hypertension Market to 2024
Global Pulmonary Arterial Hypertension (PAH) market was valued at $5.0bn in 2015 and is forecast to grow at a modest 6.0% CAGR between 2015 and 2024, to result in 2024 global sales of $9.0bn. PAH is broadly split into two classes, primary or secondary. Primary pulmonary hypertension (PPH) refers to pulmonary hypertension occurring without an identifiable cause. Secondary pulmonary arterial hypertension (PAH) occurs in association with some other identifiable medical condition.
H2 2017 Pulmonary Arterial Hypertension - Pipeline Review
"The Report Pulmonary Arterial Hypertension - Pipeline Review, H2 2017 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" Global Markets Direct's latest Pharmaceutical and Healthcare disease pipeline guide Pulmonary Arterial Hypertension - Pipeline Review, H2 2017, provides an overview of the Pulmonary Arterial Hypertension (Cardiovascular) pipeline landscape. Pulmonary arterial hypertension (PAH) is a type of high blood pressure that occurs in the
Global Pulmonary Arterial Hypertension (PAH) Market| MarketResearchReports.biz
Latest industry research report on: Global Pulmonary Arterial Hypertension (PAH) Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of the global Pulmonary Arterial Hypertension (PAH) market on the basis of Drug Class (Endothelin Receptor Antagonists, Prostacyclin, Prostacyclin Analogs, Phosphodiesterase V