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Global Coronary Stent Market Trends, And Forecasts(2016–2021)

Coronary Stent Market By Type (Bare-metal Stents, Drug Eluting Stents And Bioabsorbable Stents), By Mode Of Delivery (Balloon-expandable Stents And Self-expanding Stents
Nov - 2017
GLOBAL Coronary Stent Market
The Global Coronary Stent Market was worth USD 7.16 billion in 2016 and estimated to be
growing at a CAGR of 7.6%, to reach USD 10.31 billion by 2021. A stent is implanted in the
body for treatment of cardiac abnormalities such as blocked blood vessels. In addition,
stents are implanted in the esophagus to allow the passage of food and beverages in
patients suffering from esophageal cancer. They are also inserted in the ureter to prevent
obstruction of urine flow from kidney, in the gall bladder to allow passage of bile in patients
suffering from gall bladder cancer, and in the abdomen & gastrointestinal tract. Stents are
generally made of metals, polymers, and natural bioabsorbable materials.
One of the major driving factor of the market is the rising prevalence of diseases coupled
with a spurt in the aging population. A lot of companies are investing in R&D projects
related to stents which further fuels the growth. Many technological innovations are taking
place in the field of stents. Further, there has been a rise in the acceptance of stents by
patients. More joint reconstruction surgeries are being performed which aim at improving
the quality of life. Over the past decade, the governments have increased their expenditure
on the healthcare industry particularly in emerging nations. However, the cost of the stent
increases with advancement in technology. This is a major restraint to the growth of the
market. Also, the approval processes for stent manufacturing and selling is very stringent in
many countries.
The Global market for Coronary Stent is broadly categorized into type, mode of delivery,
material type and End user. By type, the market is further segmented into bare metal stents,
drug eluting stemts and bioabsorbable stents. The market is expected to be driven by
bioresorbable stents, mainly in the polylactic acid material. However, drug eluting stents will
continue to generate major revenue. By mode of delivery, it is further classified into balloon
expandable stents and self expanding stents. By material, market is analysed under metallic
stents and other stents. By end user, the market is divided into hospitals, cardiac centres
and ambulatory surgical centres. On the basis of geography, the global market is analysed
under various regions namely North America, Europe, Asia-Pacific and Rest of the World.
North America is expected to dominate the global market in 2016, with the U.S. accounting
for a major share of this regional market. Asia is expected to grow at the highest CAGR
during the forecast period.
Key players in this market include Medtronic plc (Ireland), Abbott Laboratories (U.S.),
Boston Scientific Corporation (U.S.), Biosensors International Group, Ltd. (Singapore),
BIOTRONIK SE & Co. KG (Germany), B. Braun Melsungen AG (Germany), TERUMO
CORPORATION (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril
Life Sciences Pvt. Ltd. (India), Vascular Concepts (India), and Translumina GmbH (Germany).
1.1 Market Definition
1.2 Study Deliverables
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GLOBAL Coronary Stent Market
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Bare metal stents
5.1.3 Drug-eluting stents
5.1.4 Bioabsorbable stents
5.1.5 Y-o-Y Growth Analysis, By Type
5.1.6 Market Attractiveness Analysis, By Type
5.1.7 Market Share Analysis, By Type
5.2 Mode of delivery
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GLOBAL Coronary Stent Market
5.2.1 Introduction
5.2.2 Balloon expandable stents
5.2.3 Self expanding stents
5.2.4 Y-o-Y Growth Analysis, By Mode of delivery
5.2.5 Market Attractiveness Analysis, By Mode of delivery
5.2.6 Market Share Analysis, By Mode of delivery
5.3 Material
5.3.1 Introduction
5.3.2 Metallic stents Cobalt chromium Platinum chromium Nickel titanium Stainless steel
5.3.3 Other stents
5.3.4 Y-o-Y Growth Analysis, By material
5.3.5 Market Attractiveness Analysis, By material
5.3.6 Market Share Analysis, By material
5.4 End user
5.4.1 Introduction
5.4.2 Hospitals
5.4.3 Cardiac centres
5.4.4 Ambulatory surgical centres
5.4.5 Y-o-Y Growth Analysis, By End user
5.4.6 Market Attractiveness Analysis, By End user
5.4.7 Market Share Analysis, By End user
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
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GLOBAL Coronary Stent Market By Geographical Area By Type By Mode of delivery By Material By End user
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6.1.4 Market Attractiveness Analysis By Geographical Area By Type By Mode of delivery By Material By End user
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6.1.5 Market Share Analysis By Geographical Area By Type By Mode of delivery By Material By End user
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6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
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6.3 Europe
6.2.1 Introduction
6.2.2 U.K
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GLOBAL Coronary Stent Market
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
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GLOBAL Coronary Stent Market
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Medtronic plc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Abbott Laboratories
8.3 Boston Scientific Corporation
8.4 Biosensors International Group, Ltd.
8.6 B. Braun Melsungen AG
8.8 Meril Life Sciences Pvt. Ltd.
8.9 MicroPort Scientific Corporation
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
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GLOBAL Coronary Stent Market
b) List of Figures
Check out other related reports in Food and Beverages Segment
Global Single-Use Bioprocessing Market:
Latin America Single-Use Bioprocessing Market:
Asia Pacific Single-Use Bioprocessing Market:
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GLOBAL Coronary Stent Market
Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to also
identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with
market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global
market; which includes broadly demographic, economics, and political, among other
macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis and
analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations
in the field along with new product launches, comparative financial studies and
recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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prashanth chanti
Health and Medicine
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market analysis, Market Price, market, market growth, market reports
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