Global Coronary Stents Market at A Highest CAGR of 7.02 % to rapidly growing $Posted by swamiv on November 18th, 2019 Global Coronary Stents Market By Type (Dual Therapy Stent, Bioresorbable Vascular Scaffold, Drug Eluting Stent (DES) (Paclitaxel, Limus-Based Drugs), Bio-Engineered Stent, Bare Metal Stent), Absorption Rate (Slow-Absorption DES, Fast-Absorption (DES)), Material (Stainless Steel, Cobalt Alloy Metal, Gold, Tantalum, Nitinol, Polymers), Rate (Slow-Absorption Stents, Fast-Absorption Stents), Application (Coronary Artery Disease, Peripheral Artery Disease), End-User (Hospitals, Cardiac Centers, Others ) Market Analysis: Global Coronary Stents MarketGlobal Coronary Stents Market is expected to rise from its initial estimated value of USD 7.76 billion in 2018 to an estimated value of USD 13.60 billion by 2026, registering a CAGR of 7.2% in the forecast period of 2019-2026. Get inquire before buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=coronary-stents-market Market Definition: Global Coronary Stents MarketA small mesh like elastic tube composed of metal like cobalt alloy or stainless steel that attaches onto small balloons and opens inside the artery to support the vessel wall and facilitates the blood flow is known as a Stent. According to World Health Organization, there were an estimated 17.9 million people die which accounts for 31% of all deaths worldwide, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth. Market Drivers
Market Restraints
Segmentation: Global Coronary Stents Marketo Dual Therapy Stent o Bioresorbable Vascular Scaffold o Drug Eluting Stent (DES) o Paclitaxel o Limus-Based Drugs o Bio-Engineered Stent o Bare Metal Stent
o Slow-Absorption DES o Fast-Absorption DES
o Stainless Steel o Cobalt Alloy Metal o Gold o Tantalum o Nitinol Polymers
o Slow-Absorption Stents o Fast-Absorption Stents
o Coronary artery disease o Peripheral artery disease
o Hospitals o Cardiac centers o Others Key Developments in the Market: On 6th January, 2017, Abbott has completed its billion acquisition of St. Jude Medical, the healthcare company announced. The merger melds St. Jude’s strength in heart failure devices, catheters and defibrillators with St. Jude’s prowess in coronary intervention value repair. St. Jude bolstered its heart failure business a little over a year ago with the purchase of Thoratec for USD 3 billion. In February 2017, PRO-Kinetic Energy Cobalt Chromium Bare-Metal Stent of Biotronik received FDA approval for treating coronary artery blockage. This novel medical device which has already been used to treat more than 650,000 patients worldwide.
Competitive Analysis: Global Coronary Stents MarketGlobal Coronary Stents Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of coronary stents market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa. About Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact: Data Bridge Market Research Tel: +1-888-387-2818 Report Related Like it? Share it!More by this author |