Growing Prevalence of CVD to Propel Massive Growth in Vascular Stents Market From 2019 to 2027: TMR

Growing Prevalence of CVD to Propel Massive Growth in Vascular Stents Market From 2019 to 2027: TMR

PR Newswire

ALBANY, New York, July 2, 2020

ALBANY, New York, July 2, 2020 /PRNewswire/ -- The global vascular stents market is set to chart a moderate growth curve over the coming few years, owing to the impact created by interplay of a number of positive trends and growth drivers.

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As per Transparency Market Research, "Global Vascular Stents market will record a Compound Annual Growth Rate of about 5% from 2019 to 2027. One of the most notable factors leading to a higher demand is increase in incidence of cardiovascular diseases - takes about 17.9 million lives each year."

Key Findings of Global Vascular Stents Market Study:

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Key Drivers of Growth in Global Vascular Stents Market:

The global vascular stents market is set to grow owing to multiple growth factors. Some of the prominent ones, set to keep the market buoyant over the forecast period, are:

Analyze global vascular stents market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Regional Analysis of Global Vascular Stents Market:

Competitive Landscape of Global Vascular Stent Market:

Top players operating in the vendor landscape of global vascular stents market are Abbott Vascular (Abbott Laboratories), Cordis Corporation (A Cardinal Health Company), Medtronic, Boston Scientific Corporation, BIOTRONIK AG, Lifetech Scientific, C. R. Bard, Inc. (Becton, Dickinson and Company), Biosensors International Group, Ltd., Cook Medical, W. L. Gore & Associates, Inc. Comprehensively profiled in the market report prepared by Transparency Market Research, these players are contributing notably to growth in the market with their many and varied growth strategies.

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It is pertinent to point out here that strategies that fall across the spectrum of organic and inorganic are deployed by prominent players in order to beat competition. Some of these strategies include a keen focus on innovation and therefore on technological advancement, entering key alliances.  The report also covers way-forward for a number of these players, including financial overview, recent developments and company overview.

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Vascular Stents Market (Type: Coronary Artery Stents [Bare Metal Stents, Bioresorbable Stents, Covered Stents, and Drug Eluting Stents], Peripheral Vascular Stents [Fem-pop Artery Stents, Iliac Artery Stents, and Infrapop Artery Stents], and Neurovascular Stents; Delivery Method: Balloon Expandable Stents and Self-expanding Stents; Material: Cobalt-Chromium Stent, Platinum-Chromium Stent, Nitinol Stent, Stainless Steel Stent, and Bioresorbable Polymer Stent; End User: Hospitals, Cardiac Centers, and Ambulatory Surgical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 -

Global Vascular Stents Market: Segmentation

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Biodegradable Stents Market - The demand for biodegradable stents has grown significantly with the development of newer technology that has reduced the risk of thrombosis, dual anti-platelet therapy, in-stent restenosis, and second surgery for removal of the stent. Therefore, the introduction of biodegradable stents with advanced technologies has boosted its demand and have gained larger customer base.

Angioplasty Balloons & Stents Market - The global angioplasty balloons & stents market is expected to grow at a moderate CAGR of 4.5% during the forecast period. The market growth can be primarily attributed to a host of factors, including the advent of bioabsorbable stents, rise in the geriatric population worldwide, high prevalence of cardiovascular diseases, favorable reimbursement policies, and research and development.

Drug-eluting Stents Market - According to Transparency Market Research's latest market report on the drug-eluting stents for the historical period of 2017 & 2018 and forecast from 2019 to 2027, the introduction of fully-bioresorbable stents, rise in the prevalence of cardiovascular diseases, and product launches by key market players are key factors that are anticipated to drive the market.

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