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Global Vascular Stent Market

Vascular Stent Market By Product (Peripheral Stents, Coronary Stents, EVAR Stent Grafts), By Type (Bare-Metal Stents, Drug Eluting Stents, Bio Absorbable Stents), By Mode Of Delivery
Nov - 2017
GLOBAL Vascular Stent Market
The Global Vascular Stent Market was worth USD 12.82 billion in 2016 and is projected to be
growing at a CAGR of 8.1%, to touch USD 18.92 billion by 2021. Stents reduce the chance of
a heart attack by helping in keeping the coronary arteries open. The stent is inserted into
the clogged artery, which then expands, locking in place and hence resulting in the opening
of the artery.
A stent is a tiny, elastic mesh tube made of medical-grade metals or polymers. Stents aid in
the reduction of recurrent blockage or narrowing after an angioplasty procedure, which
involves the use of a plaque with an inflating helping device and is used to stretch the artery
open and increase blood flow to the heart. A stent once implanted, remains in the artery
permanently. A blocked stent can be replaced or removed by the process of angiography.
The growth of the Global Vascular Stent Market is driven by factors such as increasing
incidence of Cardio Vascular Diseases (CVD), which are a result of lack of physical activity
and an unhealthy diet. Furthermore, increasing preference of cardiovascular surgeons to
use vascular stents due to the substantially low invasiveness of the procedure and the
growing geriatric population are set to boost market growth in the future. The development
of bioreabsorbable vascular stents is major plus for market growth. However, strict
regulation of product approval, the availability of alternative treatment techniques for CVDs
and the high incidences of product failure and recalls are projected to be the major
restraints of market growth.
The Global Vascular Stent Market is segmented on the basis of Product, Type, Mode of
Delivery, Material, End User and Geography. Based on the Product, the Vascular Stent
market is divided into Peripheral Stents, Coronary Stents, and EVAR Stent Grafts. Based on
Type, the Vascular Stent Market is segmented into Bare-Metal Stents, Drug Eluting Stents,
and Bio absorbable Stents. On the basis of Mode of Delivery, the market is categorised into
Self-Expanding Stents and Balloon Expanding Stents. Further, based on Material, it is divided
into Metal and Polymer. On the basis of End User, the market is distributed among Hospitals
and Research Institutes.
The market has been geographically segmented into North America, Europe, Asia-Pacific,
Latin America and Middle-East & Africa. As of 2016, North America leads the market,
accounting for the major global market share, with the US accounting for the major share.
North America’s lead is warranted by the presence of high incidence of CVD patients and
increasing use of vascular stents by cardiovascular surgeons. Europe comes in second in
terms of market share owing to the rising awareness about blood related disorders and the
swift availability of treatment in terms of plasma fractionation. However, Asia-Pacific is
expected to expand at the highest CAGR during the forecast period majorly because of the
presence of huge population base, increasing adoption of advanced technologies and the
low manufacturing costs of Vascular Stents in the emerging economies of the region.
The Global Vascular Stent Market is highly fragmented in nature due to the prevalence of
increasing number of local players, competing with significant players at the global level.
The key companies in the global market include Medtronic, plc (Ireland), Abbott
Laboratories (U.S.), Boston Scientific Corporation (U.S.), 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
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GLOBAL Vascular Stent Market
Concepts (India), W. L. Gore and Associates (U.S.), C. R. Bard (U.S.), Endologix, Inc. (U.S.),
Lombard Medical Technologies (U.K.), Translumina GmbH (Germany), and JOTEC GmbH
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
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 Product
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GLOBAL Vascular Stent Market
5.1.1 Introduction
5.1.2 Coronary Stents
5.1.3 Peripheral Stents Carotid Artery Stents Renal Artery Stents Femoral Artery Stents Illiac Artery Stents Other Peripheral Stents
5.1.4 EVAR Stent Grafts Abdominal Aortic Aneurysm Stents Thoracic Aortic Aneurysm Stents
5.1.5 Y-o-Y Growth Analysis, By Product
5.1.6 Market Attractiveness Analysis, By Product
5.1.7 Market Share Analysis, By Product
5.2 Type
5.2.1 Introduction
5.2.2 Drug-Eluting Stents
5.2.3 Bare Metal Stents
5.2.4 Bioabsorbable Stents
5.2.5 Y-o-Y Growth Analysis, By Type
5.2.6 Market Attractiveness Analysis, By Type
5.2.7 Market Share Analysis, By Type
5.3 Mode of Delivery
5.3.1 Introduction
5.3.2 Balloon Expandable Stents
5.3.3 Self-Expanding Stents
5.3.4 Y-o-Y Growth Analysis, By Mode of Delivery
5.3.5 Market Attractiveness Analysis, By Mode of Delivery
5.3.6 Market Share Analysis, By Mode of Delivery
5.4 Material
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GLOBAL Vascular Stent Market
5.4.1 Introduction
5.4.2 Metallic Stents Cobalt Chromium Platinum Chromium Nickel Titanium Stainless Steel
5.4.3 Polymer Stents
5.4.4 Other materials
5.4.4 Y-o-Y Growth Analysis, By Material
5.4.5 Market Attractiveness Analysis, By Material
5.4.6 Market Share Analysis, By Material
5.5 End User
5.5.1 Introduction
5.5.2 Hospitals and Surgical Centers
5.5.3 Research Institutes
5.5.4 Y-o-Y Growth Analysis, By End User
5.5.5 Market Attractiveness Analysis, By End User
5.5.6 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 By Geographical Area By Product By Type By Mode of Delivery By Material By End User
6.1.4 Market Attractiveness Analysis
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GLOBAL Vascular Stent Market By Geographical Area By Product
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6.1.5 Market Share Analysis By Geographical Area By Product By Type
Inquire Before Buy @ By Mode of Delivery By Material By End User
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
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
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GLOBAL Vascular Stent Market
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
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
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GLOBAL Vascular Stent Market
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 Biotronik Se & Co, Kg
8.5 B. Braun Melsungen Ag
8.6 Terumo Corporation
8.7 Microsoft Scientific Corporation
8.8 Meril Life Sciences
8.9 Vascular Concepts Limited
8.10 C.R Bard
8.11 W.L Gore and Associates
8.12 Endologix
8.13 Lombard Medical
8.14 Translumina Gmbh
8.15 Jotec Gmbh
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
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GLOBAL Vascular Stent Market
a) List of Tables
b) List of Figures
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GLOBAL Vascular Stent Market
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GLOBAL Vascular 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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