Vascular Stents Market Overview

Vascular stents are extensively used for artery diseases. The process being minimally invasive has gained quick mileage in the healthcare sector. Thus, a larger fraction of the patient population is expected to opt for it in the years to come. Market Research Future (MRFR) has conducted a recent study on the global vascular stents market for the forecast period. The assessment highlights the fact that the market is anticipated to mark a healthy CAGR of 7.40% over the assessment period. The market’s growth is chiefly directed by the augmenting prevalence of coronary and cardiovascular diseases. With the growing number of angioplasty procedures due to rising cardiovascular diseases, advancements in the treatment of such diseases, and rising obese population, the global market for vascular stents is growing at a breakneck speed.

Vascular Stents Market have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective  Vascular Stents Market has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning market size.

Vascular diseases have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective vascular stents has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning market size.

Vascular Stents Market Segmentation

  • The MRFR report offers an inclusive segmental analysis of the global vascular stents market report based on end user, material, and type.

 

  • By type, the global vascular stents market is segmented into evar stent grafts, peripheral stents, and coronary stents. Peripheral stents are again segmented into iliac artery stents, femoral artery stents, renal artery stents, carotid artery stents, and others. Evar stent grafts are again segmented into thoracic aortic aneurysm stents and abdominal aortic aneurysm stents. Of these, coronary stents will lead the market over the forecast period. Technological advances in coronary stents coupled with rising cases of coronary artery diseases are adding to the growth of the segment. 

 

  • By material, the global vascular stents market is segmented into polymers stents, ceramics stents, and metallic stents. Metallic stents are again segmented into stainless steel, nickel titanium, cobalt chromium, and platinum chromium. Of these, polymers stents will dominate the market over the forecast period for technological advances and surging use of bioabsorbable stents. 

 

  • By end user, the global vascular stents market is segmented into ambulatory surgical centers, cardiac centers, and hospitals. Among these, hospitals will have lions share in the market over the forecast period. Expertise in the hospital, coupled with the accessibility of facilities for angioplasty procedures, is adding to the growth of the segment. 

Vascular Stents Market Regional Analysis

The market for vascular stents has been regionally divided into Europe, the Americas, MEA or Middle East & Africa and Asia Pacific or APAC.

The Americas can end up being the most attractive market in the near future, as the need for vascular stents has been increasing in line with the rising cases and the high uptake of advanced technologies. High demand for minimally invasive procedures in Canada and the US can be another key growth rendering factor in the regional market. Sizeable investments that go into healthcare researches, favorable government policies, successful treatments and early diagnosis rate are a few other factors that encourage market growth in the region.

Vascular Stents Market Players

  • Abbott Laboratories
  • Boston Scientific Corporation
  • Medtronic Plc.
  • Terumo Corporation
  • Microport Scientific Corporation
  • Vascular Concepts
  • R. Bard
  • Merril Life Sciences
  • Biotronic SE & Co. KG
  • Cordis Corporation
  • Others

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/vascular-stents-market-1408  

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