Cardiovascular Stents Market Growth and Business Opportunities, Size, Trends, Business Outlook, Revenue, Trends and Forecast 2025
Posted on Sep 6 2022 5:23 AM
"Global Cardiovascular Stents Market key Players are B. Braun Melsungen AG, Cardinal Health, C. R. Bard, Inc., Terumo Corporation, MicroPort Scientific Corporation, Biotronik SE & Co. KG, and others."
The global “Cardiovascular Stents Market Size" is expected to rise with an impressive CAGR and generate the highest revenue by 2025. Fortune Business Insights™ in its latest report published this information. The report is titled " Cardiovascular Stents Market Size, Share & Trends, 2025". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
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The global cardiovascular stents market size was valued at USD 7,838.9 Million in 2017, is projected to reach USD 13,100.2 Million by the end of 2025, exhibiting a CAGR of 6.6%.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Cardiovascular Stents Market share, types, applications, growth factor, key players and regions.
Increasing Number of Cardiovascular Cases to Fuel Demand in Market
In 2017, coronary stents surgery was the most common treatment among cardiovascular patients with a market share of 66.9%. The rising number of cardiovascular diseases worldwide is expected to drive the global market, as per analysts at Fortune Business Insights.
Besides this, huge investments made by market players in research and development on environmental and decomposable coronary stents is also anticipated to boost the market.
Unhealthy lifestyle and irregular eating habits of people have led to have increased the prevalence of health-related concerns, including chronic diseases such as diabetes, obesity, and heart disorders. The surging cases of heart disorder is continuously fueling the demand for treating heart problems including angioplasty, which ultimately increased the demand for cardiovascular stents.
Alpine Stent to Open Growth Opportunities for Market in the Asia Pacific
The market for cardiovascular stents in the Asia Pacific is likely to show growth at a higher rate on account of the improved distribution of cardiovascular stents in emerging economies such as China and India. In order to improve their accessibility, price capping of stents is introduced in these developing nations and this will help the market gain momentum. Thus, Asia Pacific is likely to register itself as the fastest growing region in the during the forecast tenure.
The cardiovascular stents market in North America was emerged dominant and was valued at US$ 2,344.9 Mn in 2017. This is mainly due to the presence of better medical facilities and skilled professionals in the developed nations of Canada and the U.S. North America is likely to remain dominant in the coming years as well on account of ongoing clinical trials on novel stents in the U.S. and various regulatory approvals on cardiovascular stents.
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Leading Players operating in the Cardiovascular Stents Market are:
- Biotronik SE & Co. KG
- Cardinal Health
- R. Bard, Inc.
- MicroPort Scientific Corporation
- Terumo Corporation
- Braun Melsungen AG
- Boston Scientific Corporation
By Product Type
- Coronary Stenting
- Peripheral Stenting
By Stent Type
- Drug Eluting Stents (DES)
- Bioresorbable Stents
- Bare Metal Stents
By Disease Indication
- Venous Disease
- Arterial Disease
By End User
- Ambulatory Surgery Centers
- Specialty Clinics
- Catheterization Labs
- North America
- Asia Pacific
- Latin America
Reasons to Purchase this Report:
- Comprehensive analysis of the Cardiovascular Stents Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.
The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.
KEY QUESTIONS ANSWERED:
- What are the key technological and Cardiovascular Stents Market trends shaping the market?
- What are the key opportunities in the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
- Why Choose Fortune Business Insights?
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the market for selective countries?
- Which region or sub-segment is expected to drive the market in the forecast period?
- What Factors are estimated to drive and restrain the Cardiovascular Stents Market growth?
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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