Vascular stent market is estimated to register the highest growth during the forecast period. The high-growth in this regional segment can be attributed to the presence of a large population base, growing prevalence of vascular diseases, rising adoption of advanced technologies, and low manufacturing costs for medical devices in emerging Asian countries.
Key players in vascular stent market are 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 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), & JOTEC GmbH (Germany).
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North America was largest vascular stents market in 2016, with U.S. accounting for a major share of this regional market.
Asian market expected to grow at highest CAGR during forecast period. Factors like large population base, growing prevalence of cardiovascular diseases, rising adoption of advanced technologies, and low manufacturing costs for medical devices in emerging Asian countries are expected to drive growth of Asian market in coming years.
Vascular stent market projected to reach USD 17.68 billion by 2021 from USD 12.21 billion in 2016, at a CAGR of 7.7% from 2016 to 2021. Growth of this market majorly driven by factors like technological advancements in vascular stents, increasing number of angioplasty procedures, rising burden of vascular diseases, increasing demand for minimally invasive procedures, & rising geriatric population.
Currently, vascular stents market witnessing a new phase of technology development with launch of fully dissolving stents The coronary stents segment dominated market in 2016 majorly due to rising incidence of coronary artery disease & technological advancements in coronary stents.
Table of Content
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Vascular Stent Market, By Type
7 Vascular Stent Market, By Product
8 Vascular Stent Market, By Mode of Delivery
9 Vascular Stent Market, By Material
10 Vascular Stent Market, By End User
11 Vascular Stent Market, By Region
12 Competitive Landscape
13 Company Profiles
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Vascular stent market is categorized on the basis of product, type, mode of delivery, material, end user, and region. Apart from comprehensive geographical analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players in the last three years.
In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted.
2 Market Ranking Analysis, Vascular Stent Market
3 Vendor Dive Overview
5 Dynamic Players
7 Emerging Players
8 Business Strategy (for All 25 Players)
9 Product offerings (for All 25 Players)
The vascular stent market categorized on basis of product, type, mode of delivery, material, end user, and region. Several global and local players are operating in vascular stent market, making it highly fragmented.
Various players are offering several products across different subsegments of this market.
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of top players in the vascular stents market. The report analyzes this market by product, type, mode of delivery, material, end user, and region
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the vascular stents market
- Competitive Assessment: In-depth assessment of market strategies, geographical and business segments, and product portfolios of the leading players in the vascular stents market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for vascular stents across regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the vascular stents market.