According to the new market research report by IndustryARC titled “Stents Market: By Product Type, By Material and By Geography Analysis – Forecast 2019 – 2024,” the market is driven by new technological advancements and collaboration strategies adopted by key players globally.
The Asia Pacific (APAC) region holds the major share in Stents Market
The APAC region is estimated to dominate the market with a larger market share due to the ease of doing business, sizable population, fast-growing economic development, and swift adoption of the latest technologies. Several Chinese companies in the stents market have been striving to work on innovative stent products with a good amount of R&D spending. There have been various technological developments for drug-eluting stents which were successfully launched in China. The middle-aged population in India is also considerably large which acts as a major driver for the stents market. It is estimated that the APAC region will grow with a CAGR of 8.13%.
View Full Table of Contents of Stents Market:
Selected/Sample Analysis done in full report
By Product Type, Carotid will witness the highest growth owing to new technologies and R&D has shown progress to improve the outcomes of carotid artery stenting. The promotional activities, increasing the reimbursement rates can help the market to reach high penetration rates. Neurovascular Stent production and consumption will also witness growth due to the increase in neurological disease. Further, R&D and advanced product launches will transform the neurovascular market in a positive manner.
By Materials, Polymers are in great demand owing to its widespread applications in cardiology, particularly in coronary vascular intervention as stent platforms and coating matrices for drug-eluting stents.
Excerpts on Market Growth Factors
Based on the product type, Carotid market share is expected to dominate due to its application in various stenting.
A few key players such as Medtronic Plc. is focusing on bringing building a strong, competitive pipeline of consumer-led, science-based innovation in the field of stents.
The increase in consumption of cholesterol-rich products and favorable government policies such as price control and reimbursement will spur demand for coronary stents in upcoming years.
Key players of the Stents Market
Abbott Laboratories., a Chicago based company which operates in more than 60 countries offers various types of product such as XIENCE V, XIENCE nano, XIENCE PRIME, XIENCE Xpedition and others.
The major competitors in this market are Medtronic Plc, B.Braun Melsungen AG, Boston Scientific Corporation, Cook Medical and many more.
1. Cardiac Implant Market
2. Vascular Access Device Market
What can you expect from the report?
The Stents Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Stents Market Size by Product Categories & Application
2. Stents Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Stents Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. Stents Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Stents Market Strategic Analysis
18. Stents Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Stents Market Revenue and Volume Analysis
Mr. Venkat Reddy
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.