Arterial Stents Market is Expected to Ascend at Around 9.5 % CAGR, Exceeding a Valuation of Around US$ 17.8 Billion by 2025- Transparency Market Research

Posted on 2024-03-07 by Transparency Market Research in Healthcare // 0 Comments

Wilmington, Delaware, United States, 2024-Mar-07 — /EPR Network/ — Transparency Market Research Inc. –

A TMR report has projected the global arterial stents market to grow at a compound annual growth rate (CAGR) of 9.5 over the duration of the forecast period 2017-2025. In 2016, the global arterial stents market had a valuation of US $ 8 Bn and it is estimated to grow to US $ 17.8 Bn by 2025-end.

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Arterial stents are small, metal mesh tube which expands within a coronary artery. The global arterial stents market is growing because of the rising presence of disorders such as atherosclerosis along with the addition of technologically advanced arterial stents such as bioresorbable stents.

In addition to this, the success of arterial stents for treating coronary and peripheral artery disorders and the inclination towards minimally invasive procedures to unblock arteries and increase blood flow are a few important growth drivers of the arterial stents market.

Market Drivers and Challenges:

Drivers: Technological advancements, increasing prevalence of cardiovascular diseases, rising demand for minimally invasive procedures
Challenges: Stringent regulatory requirements, high cost of stent implantation, complications associated with stent placement

Market Trends:

Shift towards bioresorbable stents
Integration of drug-eluting capabilities
Development of innovative stent designs for specific anatomical locations

Prominent Players:

Cordis Corporation, Abbott Laboratories. Cook Medical, Lifetech Scientific, Gore Medical, Biosensors International Group Ltd, BIOTRONIK AG, and Medtronic.

Market Segmentation:

by Product

Coronary Stents
- Bare Metal Stents
- Drug-eluting Stents
- Bioresorbable Stents
- Others
Peripheral Stents
- Self-expandable Stents
- Balloon-expandable Stents
- Others

by Application

Coronary Artery
Carotid Artery
Iliac Artery
Femoral & Popliteal Artery
Others

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Regions Covered:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

Key Market Study Points:

Market size and growth projections
Market segmentation analysis
Regional dynamics and trends
Market drivers and challenges
Competitive landscape
Recent developments and innovations

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About Transparency Market Research

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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