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The Global Coronary Stents Market potential has widened due to recent technological advancements. According to a report published by Fortune Business Insights, titled “Coronary Stents Market Size, Share and Global Trend by Deployment (Self and Balloon-expandable), Stent Type (Drug Eluting Stent, Bioresorbable Stent, Bare Metal Stent, Covered Stent and Others), End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Catheterization Labs) and Geography Forecast till 2025,” the market was valued at US$ 5,244.9 Mn in 2017.
According to Fortune Business Insights, the Coronary Stents Market will reach US$ 8,414.5 Mn by the end of 2025, exhibiting a CAGR of 6.1%
Some of the Main Key Players Covered in the Coronary Stents Market Report:
Increasing Demand for Self-Expandable Stents to Augment Growth
Manufacturers have introduced next-generation drugs in the drug-eluting stents segment. The widespread distribution of drug-eluting systems around the world is likely to help this segment emerge dominant. In 2017, the drug-eluting stents systems segment accounted for 65.8% share in the market. This segment is also expected to continue dominating the market during the forecast period.
Technological advancements in the coronary stents market, such as error reduction, enhanced workflow, and additional capabilities along with improved accuracy, are helping the market to witness remarkable growth.
To improve their accessibility, India has capped prices of coronary stents, and this will be a key factor fueling demand in the long run. Such factors will help the market in the Asia Pacific to emerge as the fastest growing region. The competitive landscape of the global coronary stents market is consolidated with the top five market players holding a prominent share. These companies are not only investing hugely in research and development but also launching improved products to improve their market share post-approval.
Fortune Business Insights predicts that with Xience, Abbott will account for substantial coronary stents market growth and will encourage other companies operating in the market.
Besides Abbott, some of the key players that have contributed to the increase in the coronary stents market size are Medtronic, Terumo Corporation, C. R. Bard, Inc., Cardinal Health, Boston Scientific Corporation, B. Braun Melsungen AG, MicroPort Scientific Corporation, Cook, and Biotronik SE and Co. KG.
Table of Content from Coronary Stents Market
1. Introduction of Coronary Stents Market
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Prevalence of Coronary Artery Diseases (CAD)- Key Countries, 2017
4.2 Health Reimbursement Scenario-Key Countries
4.3 Regulatory Scenario- Key Countries
4.4 Pricing Analysis
4.5 Key Industry Developments -Partnerships, Mergers and Acquisitions
5. Global Coronary Stents Market Analysis, Insights and Forecast, 2014-2025
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast By Deployment
5.2.2 Balloon Expandable
5.3. Market Analysis, Insights, and Forecast By Stent Type
5.3.1 Drug-Eluting Stents (DES)
5.3.2 Bioresorbable Stents
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To view the original version on The Express Wire visit Coronary Stents Market 2019: Business Strategies, Growth Factor, Share, Trends, Industry Overview Forecast till 2025