Vascular Stent Market : Seeking Excellent Growth 2020 – 2026 | Leading Players- B. Braun Melsungen AG, Terumo Corporation, MicroPort Scientific Corporation
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Global Vascular Stent Market is expected to rise from its initial estimated value of USD 14.33 billion to an estimated value of USD 25.08 billion by 2026, registering a CAGR of 7.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the technological advancement in the stents.
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The market is predicted to witness significant growth over the forecast period, owing to the growing consumer awareness about the benefits of Vascular Stent. The increase in disposable income across the key geographies has also impacted the market positively. Moreover, factors like urbanization, high population growth, and a growing middle-class population with higher disposable income are also forecasted to drive market growth.
Market Definition: Global Vascular Stent Market
Vascular stents are used to prevent blood vessel blockages during angioplasty. It is used to improve the blood flow whenever a vein or artery is blocked. They are usually made of metal mesh and fabrics. By narrowing vessels they can reduce the risk of chest pain and heart attack. Metal Stents and covered stents are two types of vascular stents.
- Increasing geriatric population is driving market.
- Technological advancement and development in the stents.
- The presence of the substitutes in the market is restraining market.
- High cost of vascular stent
Vascular Stent Market Country Level Analysis:
The countries covered in the Vascular Stent Market report are U.S., Canada and Mexico in North America, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Brazil, Argentina and Rest of South America as part of South America South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa (MEA) as a part of Middle East and Africa (MEA).
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Leading Vascular Stent manufacturers/companies operating at both regional and global levels:
Medtronic, Abbott, Boston Scientific Corporation, Biotronik, B. Braun Melsungen AG, Terumo Corporation, MicroPort Scientific Corporation, Meril Life Sciences Pvt. Ltd, Vascular Concept., BD, W. L. Gore & Associates ENDOLOGIX Lombard Medical Technologies, Translumina, JOTEC GmbH, Xcell Medical Group.
Segmentation: Global Vascular Stent Market
- By Type
- Drug-Eluting Stents
- Bare-Metal Stents
- Bio absorbable Stents
- By Product
- Coronary Stents
- Peripheral Stents
- Carotid Artery Stents
- Renal Artery Stents
- Femoral Artery Stents
- Iliac Artery Stents
- Evar Stent Grafts
- Abdominal Aortic Aneurysm Stents
- Thoracic Aortic Aneurysm Stents
- By Mode of Delivery
- Balloon-Expandable Stents
- Self-Expanding Stents
- By Materials
- Metallic Stents
- Cobalt Chromium
- Platinum Chromium
- Nickel Titanium
- Stainless Steel
- Other Stents
- Metallic Stents
- By End- User
- Hospitals and Cardiac Centers
- Ambulatory Surgical Centers)
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