Stents Market - Forecast(2021 - 2026)

Stents Market size is estimated to reach $15,790.2 million by 2026, growing at a CAGR of 5.2% during the forecast period 2021-2026. A stent is a short mesh tube that acts as a scaffold to help keep the artery open. It restores blood or other fluids, depending on where it is placed. Stent implants are commonly used to treat heart abnormalities such as blocked blood vessels. They are also inserted in the ureter to prevent obstruction of urine from the kidney, in the gall bladder to allow passage of bile in patients, in the abdomen & gastrointestinal tract among others. Stents are in great demand for diseases such as cardiovascular disease in elderly and middle-aged patients. The technological advancements in stents development also play a major role in market growth. The stents now are biodegradable as they completely disappear over time and decrease the risk associated with late stent thrombosis. The increasing prevalence of coronary artery diseases and peripheral artery diseases is estimated to boost the market growth over 2021-2026.

Stents Market Report Coverage

The report: “Stents Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Stents Market.
By Product Type: Coronary, Peripheral, Biliary, Carotid, Neurovascular, and others.
By Material: Metallic, Polymer, and Natural.
By Geography: Americas, Asia-Pacific, Europe, and Rest of World.

Key Takeaways

  • .Geographically, the Americas region is poised to see extraordinary development owing to the minimally invasive surgeries and increasing the population of the people suffering from CVD that requires stenting procedures in the region.

  • .Based on Product type, the Coronary segment is gaining demand owing to the high prevalence of cardiovascular diseases coupled with the growing technological advancements in coronary stents.
  •  
  • .The lack of large-scale availability of advanced surgical equipment and skilled personnel in underdeveloped economies and developing economies is estimated to restrain the market growth during the forecast period 2021-2026.

  • .Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Stents Market report.


Stents Market Segment Analysis - By Product Type

The global Stents Market based on Product Type can be further segmented into Coronary, Peripheral, Biliary, Carotid, Neurovascular, and others. The Coronary Stent segment is the major segment generating revenue in 2020. This is owing to the high prevalence of cardiovascular diseases coupled with the growing technological advancements in coronary stents. The Carotid stent segment is estimated to register the fastest CAGR of 9.2% during the forecast period 2021-2026. This is owing to the rise in the prevalence of disorders such as ischemic stroke, peripheral vascular lesions leading the increasing demand of Carotid Stents in coming years.

Stents Market Segment Analysis - By Material

The global Stents Market based on Material can be further segmented into Metallic, Polymer, and Natural. The Metallic segment registers for the highest market share in 2020. This is owing to the increasing demand for metallic stents across the globe. In addition, they lower the risk of restenosis and the other complications. Moreover, usage of bioresorbable metal vascular stents is increasing owing to its presence of alloys that degrades safely within the body. The Polymer segment is estimated to register the fastest CAGR for the period 2021-2026. This is owing to its cost-effectiveness. Furthermore, the use of non-metallic long-term stents for ureteral obstruction is driving the demand.


Stents Market Segment Analysis - By Geography

.The global Healthcare Regulatory Affairs Outsourcing Market based on Geography, can be further segmented into the Americas, Asia-Pacific, Europe, and Rest of World. Americas registered for the highest revenue share of 36.76% globally in 2020 owing to the minimally invasive surgeries and increasing the population of the people suffering from CVD and other high-risk factor requiring stenting procedures. 

.In addition, technological advancements in stent technologies during the past three decades, such as bifurcated stents and the use of biodegradable materials, have further augmented market growth. However, Asia-Pacific is estimated to outpace all the regions by clocking the highest CAGR during the forecast period 2021-2026 owing to the increasing usage of vascular stents for cardiovascular diseases, the introduction of new and cost-effective stents by the key players in this region.

"We also publish more than 100 reports every month in “Lifescience and Healthcare”, Go through the Domain if there are any other areas for which you would like to get a market research study."


 

Location: United States

Comments

Post a Comment

Popular posts from this blog

Ethylene Methyl Acrylate Market - Forecast(2021 - 2026)

Ethylene Methyl Acrylate is one of the copolymer of ethylene that is exhibiting growing prevalence in the market. The Ethylene Methyl Acrylate (EMA) is projected to reach USD 9.8 billion by 2023 at a CAGR of 6.3% during the forecast period of 2018-2023. To develop new polymeric materials for both scientific and commercial purposes, the blending of two or more different polymers is often used. One such innovation is the production of Ethylene Methyl Acrylate (EMA). Ethylene Methyl Acrylate (EMA) is anticipated to increase the demand for Ethylene Methyl Acrylate in application such as plastics, adhesives and paints & coatings.  What is Ethylene Methyl Acrylate (EMA)? Technical grade acrylic acid is the key component for producing Ethylene Methyl acrylate. Acrylic acid formulated with methanol, in a reactor in elevated temperatures with water as by product to formulate ethylene methyl acrylate. It has a high ductility among thermoplastic and it as a very low tensile strength and l...
Read more

Mining Equipment Services Market - Forecast(2021 - 2026)

Mining Equipment Services market is analysed to grow at a   CAGR of 3.4%   during the forecast period 2021-2026 to reach   $160.9 billion by 2026 . Mining equipment services market is developing rapidly due to rise in the mining exploration activities and the growing demand of raw materials due to the rising mining projects. Moreover, rapid industrialization and globalization for improving a well-functioning economy is further driving the mining equipment market. Furthermore, the deployment of innovative services and parts such as part replacement services, maintenance services, fleet services and so on further rise the market’s growth. The third-party service providers also offer   predictive   maintenance contracts that enables loss of production, reducing in downtime, also leading to reduce the cost in the research and development of equipment maintenance services and inventors. These key drivers further propel the shift of companies towards third party vend...
Read more

Structural Insulated Panels Market

The Structural Insulated Panels Market is forecast to reach $547 million by 2025, growing at a CAGR of 6.56% during 2020-2025. Since the emergence of construction technology, construction of affordable and environmentally-sensible home at fast pace has brought dream home within the reach. Structural Insulated Panel (SIP) has become a topic of interest among researchers in the recent years. SIP has the advantages of minimal material wastage and labour-savingness whilst having potential to save house builders’ time and money as well as retaining the controlled quality. The report covers Structural Insulated Panels Market size by product and applications, Structural Insulated Panels Market share by top 5 companies and also the market share by start-ups during the forecast period. Report Coverage The report:  “Structural Insulated Panels Market – Forecast (2020-2025)”,  by IndustryARC, covers an in-depth analysis of the following segments of the Structural Insulated Panels Market....
Read more