Vascular Stent Market to 2025: Product Market Research with Industry Top Key Players, Growth

The vascular stent report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America market. The global vascular stent market accounted to USD 11.8 billion growing at a CAGR of 7.90 % during the forecast period.

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The vascular stent helps in preventing blood vessel blockages that may happen in individuals who have experienced angioplasty. It keeps up the patency of stenotic vessels and avoids re-blockage because of blood aggregation or excess tissue development. It helps in the treatment of individuals with heart diseases such as peripheral vascular diseases and coronary heart. Some of the major players of global vascular stent market are

• Abbott
• Medtronic
• B. Braun Melsungen AG
• TERUMO CORPORATION
• Boston Scientific Corporation
• STENTYS SA
• BIOTRONIK SE & Co. KG
• MicroPort Scientific Corporation
• Cardinal Health
• C. R. Bard, Inc.
• Meril Life Sciences Pvt. Ltd.
• Cook

Others: W. L. Gore and Associates, Inc., InnoCore Technologies BV, JOTEC GmbH, Translumina, AMG International, Lombard Medical Technologies, ENDOLOGIX, INC., MIVT India, and X-Cell Medical Inc. The global 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.

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Key Market points:

Global vascular stent market is driven by the factor such as increase in aging population and rising demand of non-invasive techniques. Vascular stents is popular owing to its benefits such as reduces complications and hospital stay, gives minimum pain, less bleeding, and quick recovery as compared to other treatment.

Other factors such as increasing cardiovascular diseases as well as growing technological advancements also lead the market demands. Manufactures have introduced new devices such as Drug-Eluting Stents which is minimally invasive and also eliminates the side-effects of traditional bare metal stents. However, complications related to vascular stenting and increasing high cost may restrain the market growth.

North America holds the largest market for vascular stents followed by Europe whereas, APAC is expected to witness the highest CAGR during the forecast period due to the factors such as the growing population, increasing cardiovascular diseases, and adoption of advanced technologies.

Global Vascular Stent Market – Market Segmentation:

The global vascular stent market is driven by the factors such as market is segmented on the basis of type, product, material, and end user.

Types

• BMS
• BUS
• Drug Eluting

Product

• Coronary
• Peripheral
• Carotid
• Femoral
• Aortic Aneurysm.

Material

• Metals
• Stainless Steel
• PtCr
• Nitinol
• Polymers

End Users

• Hospitals
• Cardiology Centre
• ASC

Global Vascular Stent Market - Geographical Segmentation:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa

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