This Coronary Stent Market report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application. Geographically, the report is categorized into several regions such as North America, South America, Asia Pacific, the Middle East and Africa, and the rest of the world. Moreover, the report also offers a covid-19 impact on the Coronary Stent Market, enabling businesses to understand market drivers and restraints.
Coronary Stent Market Overview
The global Coronary Stent Market size is projected to reach a CAGR of 8.9% during the forecast period 2021-2028.
Coronary stents are small elastic tubes used for the treatment of narrowed and blocked coronary arteries in patients with coronary artery disease (CAD). These reduce the symptoms of chest pain (angina) and aid in the treatment of a heart attack. These types of stents are also called as heart stents or cardiac stents. They comprise metal mesh and are implanted in constricted coronary arteries during a technique known as percutaneous coronary intervention (PCI) or angioplasty.
The increasing prevalence of coronary artery diseases (CADs), rising the geriatric population, and the technological advancements in coronary stents are some of the factors that have supported long-term expansion for Coronary Stent Market.
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The current outbreak of COVID - 19 has affected the coronary stents market in several ways. The business complexities arising from the current pandemic has created confusion with respect to the production of medical devices.
Coronary Stent Market Regional Analysis
North America holds the largest market share for coronary stents due to the dominance of the top companies present in the global market. There is also an increase in the aging population, an increase in the prevalence of heart diseases, and technological advancements found in the region. In addition, other factors, such as good reimbursement scenario, have been driving the North American coronary stent market.
Coronary Stent Market Competitive Landscape
Key Players
• Abbott Laboratories
• B. Braun Medical Inc.
• Biosensors International Group, Ltd.
• BIOTRONIK SE & Co. KG
• Boston Scientific Corporation
Regional Level Scope
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
Country Level Scope
• U.S
• Japan
• Germany
• U.K
• China
• India
• Brazil
• UAE
• South Africa
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Coronary Stent Market Recent Developments
• In May 2018, Abbott announced that it has received approval for Xience Sierra. The product is the newest generation of the company’s gold standard Xience everolimus-eluting coronary stent system. Abbott’s latest approval will not just benefit the company but will have a direct impact on the growth of the overall market in the coming years.
• Abbott received U.S. FDA approval for Xience Sierra in May 2018, which is a XIENCE everolimus-eluting coronary stent system.
The Coronary Stent Market report answers a number of crucial questions, including:
What are the years considered to study Coronary Stent Market?
What is the compound annual growth rate (CAGR) of the Coronary Stent Market?
Which region holds the largest market share in Coronary Stent Market?
Which region is the fastest growing in Coronary Stent Market?
Who are the major players in Coronary Stent Market?
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Coronary Stent Market Reasons to Acquire
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Coronary Stent Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Coronary Stent Market is segmented by Product Type (Drug-eluting Stent, Bare Metal Coronary Stent, and Bioabsorbable Stent), Biomaterial, End User, and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
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