Global Coronary Stent Market (2018-2025)-GMI Research

DUBLIN - Aug. 7, 2018 - PRLog -- Global Coronary Stent Market by Product Type (Dual Therapy Stent, Bioresorbable Vascular Stent, Bio-engineered Stent, Drug Eluting Stent and Bare Metal Stent), by Material Type, by End User and by Geography - Opportunities & Forecast 2018-2025

Coronary artery disease is a global concern and socioeconomic issue that affects several million of person each year. Coronary stent is widely used in treatment of Coronary artery disease (CAD), stenting and angioplasty have been broadly adopted worldwide to treat a range of CAD indications. For example, In 2015, Centers for Disease Control and Prevention (CDC) stated that approximately 395,000 Coronary artery bypass graft procedures were performed in the U.S

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Coronary Stent market growth is mainly driven by factors such as increasing prevalence of CAD, rising number of percutaneous coronary intervention (PCI) procedures, reduction in repeat revascularization procedures and prolonged dual antiplatelet therapy, technological advancement in stent about material, coating and platform. In addition, rising disposable income in emerging countries and government aids are also helping to increase treatment seeking rate which further increases demand of coronary stent which is expected to bolster revenue growth of the market during the forecast period. However, stringent regulations for product approval, conventional treatment methods for Coronary Artery Disease, and dearth of skilled professionals may hinder the growth of this market during the forecast period.

North-America is expected to dominate the market, followed by Europe attributed to wing to the reimbursement facilities, rising prevalence of coronary heart disease, and presence of large number of companies which aid in product availability.  Asia Pacific region is expected to exhibit higher growth rate during the forecast period due to large consumer base, increasing medical tourism in countries such as India and China

Various notable players operating the Coronary Stent market include Abbott Laboratories, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Biosensors International Group, Ltd, Medtronic, MicroPort Scientific Corporation, Sahajanand Medical Technologies, Translumina GmbH   and others.

The global coronary stent market has been segmented based on product type, Material type, end user and key geographies. Based on Product type, the market comprises of dual therapy stent, bioresorbable vascular stent, bio-engineered stent, drug eluting stent and bare metal stent. Based on material type, the market is segmented into metallic stents, platinum chromium, nickel titanium, stainless steel and other. This research report on coronary stent market provides in-depth analysis of the global coronary stent market based on product type, material, end user and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for coronary stent market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent development in the market.

Key questions answered in this research report:

1-    At what pace is coronary stent market growing? What will be growth trend in future?

2-    What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?

3-    What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the coronary stent market?

4-    What are the various application areas and how they are poised to grow?

The global coronary stent market is segmented on the basis of product type, material, end user and geography:

Global Coronary Stent Market by Product Type

• Dual Therapy Stent

• Bioresorbable Vascular Stent

• Bio-engineered Stent

• Drug Eluting Stent

• Bare Metal Stent

Global Coronary Stent Market by Material Type

• Metallic Stents

• Platinum Chromium

• Nickel Titanium

• Stainless Steel

• Other

Global Coronary Stent Market by End User

• Hospitals

• Cardiac centres

• Ambulatory Surgical Centres

Global Coronary Stent Market by Geography

• North America

• Asia-Pacific

• Europe

• Rest of World

Global Coronary Stent Market Competitive Landscape

• Major Players and their Key Strategies

• New product launches

• Mergers and acquisitions

• Collaborations, partnerships, agreements and joint venture

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