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Coronary Stents Market Witness an Outstanding Growth During 2018–2026

The global coronary stents market size is estimated to be valued at US$ 7,814.4 million in 2018, and is expected to witness a CAGR of 6.8% over the forecast period (2018 – 2026).
Coronary Stents Market Size, Share, Trend,
Outlook, Future Analysis And Synthesis By
Coronary stents are small interventional device used for opening the blocked arteries and for prevention
of re-narrowing of the arteries. The global coronary stents market report serves are a valuable tool for
evaluation of coronary stents present market scenario and the trends over the forecast period of 2016 2026. The report delivers in depth analysis of factors driving as well as restraining the market growth
and also enlightens further market opportunity for the manufacturers. Report also covers key
developments and company’s strategies to grab the market share.
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Market Dynamics
Increasing product launches coupled with increasing geographical approval in drug eluting coronary
stents is propelling growth of the coronary stents market. For instance, in May 2018, Abbott received
the U.S. FDA approval for XIENCE Sierra, the new generation of everolimus-eluting coronary stent. The
XIENCE received approval from the Japan’s regulatory body in April 2018, and CE mark from European
regulatory bodies in 2017. Furthermore, companies are also evaluating and launching products with
novel material, such as with metal like cobalt chromium and fully biodegradable stents. For instance, in
2017, Biotronik received FDA approval for PRO-Kinetic energy cobalt chromium-based bare metal
coronary stent system to treat coronary artery blockage. However, coronary stents market is also
subjected to the factors such as stringent regulatory approval policies for the interventional devices and
medical complications such as restenosis and thrombosis, which are expected to restrain coronary stents
market growth.
Increasing adoption of stents implantation in cardiovascular blockage is a major factor for the coronary
stents market growth
Stents implantation being non-invasive surgery is increasingly gaining popularity as compared to more
invasive bypass surgeries, owing to lower rate of discomfort and shorter recovery time. Moreover,
cardiovascular diseases are considered as the leading cause of morbidity and mortality across the world,
in turn fueling demand for coronary stents. According to American Heart Association, 2015, more than
17.3 million people die every year due to cardiovascular disease.
Coronary Stents Market Regional Outlook - Asia Pacific to be the fastest growing market over the
forecast period
In terms of region, the coronary stents market is segmented into North America, Latin America,
Europe, Asia Pacific, Middle East, and Africa by Coherent Market Insights. Europe holds
dominant position in the coronary stents market, owing to presence of large obese population
with high risk of coronary blockage in the region. According to European Heart Network’s
European Cardiovascular Disease Statistics 2017, in 2015, new cases registered with
cardiovascular disease in Europe was around 11.3 million with nearly 6.1 million new cases of
cardiovascular disease in the European Union. The number is further expected to increase with
increase in the rate of obese population.
Report includes chapters which deeply display the following deliverable about industry :
• Coronary Stents Market Research Objective and Assumption
• Coronary Stents Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Coronary Stents Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Coronary Stents Market, By Regions
• Coronary Stents Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Coronary Stents Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Coronary Stents Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Coronary Stents Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Key players in the global coronary stents market
Major players operating in the coronary stents market include,
1. Boston Scientific Corporation
2. Abbott
3. Medtronic plc
4. B. Braun Melsungen AG
5. Stentsy SA
6. Terumo Interventional Systems
7. Kyoto Medical Planning Co., Ltd.
8. QualiMed
9. Elixir Medical Corporation
12. Amaranth Medical, Inc.
13. Arterial Remodeling Technologies SA
Detailed Segmentation:
By Product Type: Bare-Metal Stents, Drug Eluting Stents, Bioabsorbable Stents
By Material:
Metallic - Stainless Steel, Silicon Carbide, Titanium Nitride Oxide, Cobalt Chromium, Platinum
Chromium, Others
Polymeric - Non-degradable / Permanent Stents, Degradable / Temporary Stents
By End Users: Hospitals, Specialty Clinics, Ambulatory Surgical Centers
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, Africa
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About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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