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MarketResearch.biz delivers in-depth insights on the global vascular stents market in its upcoming report titled, “Global Vascular Stents Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global vascular stents market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global vascular stents market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global vascular stents market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global vascular stents market report has been segmented on the basis of type, material, and region.
The whole network of vessel of blood circulation in body is called vascular system. Vascular stents can be stated as small mesh tube that are used to treat narrow or weak arteries in the body. Vascular stents are used in vascular diseases such as Abdominal Aortic Aneurysm (AAA), Carotid arteries disease (CAD), Peripheral arterial disease (PAD).
Increasing incidences of atherosclerosis diseases globally is a key factor driving growth of the global vascular stents market. In addition, changing lifestyle such as consumption of ready to eat junk food, smoking, and drinking alcohol resulting in high cholesterol levels and other chronic diseases, and rising demand for minimal invasive procedures for treat geriatric population is expected to fuel growth of the global vascular stents market.
However, high cost of treatment is a major factor restraining growth of the global vascular stents market. In addition, alternative treatment method and stringent government regulations for product approvals is other major factor expected to hamper growth of the global vascular stents market over the forecast period.
North America market is a dominant player in the global vascular stents market and accounts for highest market share in terms of revenue as compared to that of markets in other regions. This can be attributed to well-developed healthcare industry, presence of leading stents manufacturers, and presence of a large patient pool in the region. The market in Europe accounts for second-highest revenue share contribution in the global vascular stents market followed by markets in Latin America, Asia Pacific, and Middle East & Africa respectively. The market in Asia Pacific is projected to have fastest growth in terms of revenue, owing to increasing incidences of cardio vascular disorders and carotid arteries diseases in emerging countries, and growing governments initiatives for improvement of healthcare standards in this region.
Global Vascular Stents Market Segmentation:
Global vascular stents market segmentation, by type:
- Bare-metal Stents
- Drug-eluting Stents
- Bioabsorbable Stents
Global vascular stents market segmentation, by material:
- Metallic Stents
- Cobalt Chromium
- Platinum Chromium
- Nickel Titanium
- Stainless Steel
- Other Stents
Global vascular stents market segmentation, by mode of delivery:
- Balloon-expandable Stents
- Self-expanding Stents
Global vascular stents market segmentation, by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Medtronic, plc
- Abbott Laboratories
- Boston Scientific Corporation
- BIOTRONIK SE & Co. KG
- Terumo Corporation
- STENTSYS SA
- MicroPort Scientific Corporation
- Meril Life Sciences Pvt. Ltd.
- Endologix, Inc.
- Lombard Medical Technologies
- Translumina GmbH
- JOTEC GmbH
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