Coronary Stents Market to Reach a Revenue of US$ 51.2 Mn During the Forecast Period of 2022-32 | Future Market Insights, Inc.

According to the most recent Future Market Insights (FMI) report, the demand for portable and coronary stents market will increase significantly over the next few years.

The demand for interventional cardiology care is being fuelled by the rising prevalence of coronary artery disease. Angioplasty is the first choice of treatment for patients with long-term CAD.

Over the last few years, companies in the cardiovascular diagnostic segment are making major investments in order to introduce innovative coronary stents to capitalize on lucrative opportunities in the interventional vascular devices market. Also, companies are working on key related issues of drug eluting stents and working on a comprehensive model of drug release from these stents and the subsequent uptake of the drug into arterial tissue.

For instance, in the past recent years, Abbott received FDA approval for its bioresorbable heart stent absorb, making the first-of-its-kind medical device commercially available to treat people with coronary artery disease in the U.S.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1993

Key Takeaways from Coronary Stents Market Study

• In terms of raw material, the coronary stents market is expected to witness substantial growth in the next few years. Currently, polymer segment accounts for major share of the global Coronary Stents market.
• North America has been estimated to dominate the coronary stents market with maximum market share in 2019.
• The primary trend in the coronary stents market is an increasing number of local manufacturers of coronary stents. Also, growth in interventional cardiology procedures, is an ongoing trend in the coronary stents market.

“Increase in number of cardiac catheterization laboratories and increasing prevalence of cardiovascular diseases are the main factors that will continue to drive the growth of the coronary stents.” says the FMI Analyst.

Increasing Manufacturing Practices across Low Cost Geographies, Boosts the Coronary Stents Market

Transfer of medical device manufacturing practices across low cost geographies such as India, China, South Africa, ASEAN and other Asian countries is expected to fuel growth of the global coronary stents market. Companies offering hospital supplies are targeting price-sensitive geographies through mergers and acquisitions. Leading manufacturers of coronary stents are acquiring domestic players to gain maximum market share in local markets. Moreover, these companies are focusing on low cost product launches in these region owing to large patient pool belonging to the lower middle income group.

Speak to our Research Expert @ https://www.futuremarketinsights.com/ask-question/rep-gb-1993

Want more insights?

Coronary Stents Market, a new study from Future Market Insights, provides unparalleled insights on evolution of the Coronary Stents market during 2014 – 2018 and presents demand projections during 2020 – 2026 on the basis of product (drug eluting stents, bare metal stents and bioresorbable vascular stents), raw material (cobalt chromium, stainless steel, platinum-chromium, nickel titanium and polymer), end user (hospitals, public hospitals, private hospitals, ambulatory surgical centers and cardiac catheterization laboratories), across seven prominent regions.

Coronary Stents Market Structure Analysis

Tier I companies in the coronary stents market include

• Abbot Vascular
• Medtronic Inc.
• Terumo Corporation
• Boston Scientific and few other key players.

Request for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-1993

Key Segment

By Raw Material:

• Cobalt Chromium
• Stainless Steel
• Platinum – Chromium
• Nickel – Titanium
• Polymer

By End User:

• Hospitals
• Ambulatory Surgical Centers
• Cardiac Catheterization Laboratories

By Region:

• North America
• Latin America
• Brazil
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East and Africa (MEA)

By Product:

• Drug Eluting Stent (DES)
• Bare Metal Stent (BMS)
• Bioresorbable Vascular Stent (BVS)

Top Related Reports Healthcare Market Insights

Non-Vascular Stents Market : is predicted to increase at a CAGR of 4.5%. (2022 – 2032). The industry is anticipated to be worth US$ 1.21 Billion in 2022, rising to US$ 1.9 Billion by 2032.

Aortic Stents Grafts Market : is projected to grow at 4.5% CAGR, reaching a valuation of around 2.8 Bn by 2028.

India Coronary Stent Market : Demand for coronary stents is currently witnessing robust growth in India, mainly due to FDA approval for new stents and increasing number of PCI procedures in hospitals. 

Molecular Diagnostics Market : is projected to have a moderate-paced CAGR of 18% during the forecast period.

Motorized Prosthesis Market : is set to expand its roots at a strong CAGR of 14.4% between 2022 and 2032. The market is anticipated to reach US$ 139.4 Mn by 2032, up from US$ 31.9 Mn in 2022.

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs