According to the latest study titled ‘Global Vascular Stent Market: Analysis By Type (Coronary, Peripheral), Technology (Bare Metal, Drug Eluting, Bio-Resorbable), Mode of Delivery, End User, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) - By Mode of delivery (Self Expandable, Drug Eluting Expandable), By End User (Hospital, Ambulatory Surgical Centre), By Region (North America, Europe, Asia Pacific, ROW) and By Country (U.S., Canada, U.K., Germany, France, Italy, China, Japan, India, Brazil)’ available with Market Study Report LLC, the global vascular stent market is estimated to grow substantially by the year 2024.
Vascular stent is a device used to prevent and clear blockages in the heart valves and arteries. It is also used to provide internal structural support to blocked blood vessels. Factors such as increasing prevalence of cardiovascular disease, growing investment to develop highly advanced medical infrastructure, and rising demand for minimally invasive surgeries are propelling the growth of vascular stent market.
As per the report, the vascular stent market was worth USD $7344.40 in 2018 and is anticipated to register lucrative growth opportunities over the forecast period. Moreover, increasing government initiatives coupled with growing aged population are some of the major key factors impelling the overall growth of vascular stent market.
The study assesses the market for revenue shares of each segment and offers growth value. It identifies and analyses the emerging trends along with drivers, challenges and growth opportunities that are influencing vascular stent market.
Based on type, the global vascular market is segmented into peripheral, and coronary. While based on technology spectrum, the industry is divided into bio-resorbable, drug eluting, and bare metal. Speaking of the mode of delivery segment, the vascular stent market is bifurcated into Balloon expandable, and self-expandable.
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Additionally, the end-user spectrum of global vascular stent market is fragmented into hospital, ambulatory surgical center. Considering the geographical landscape, the global vascular stent market is fragmented into regions including Europe, North America, Asia Pacific, and rest of the world, with key focus on the countries of Canada, U.S., Germany, U.K., Italy, France, Japan, Brazil, India, and China.
The key players of vascular stent market are Boston Scientific Corporation, Abbott Laboratories, Terumo Corporation, Medtronic, Cardinal Health, Meril LifeSciences, W.L. Gore & Associates, B. Braun Melsungen, and Biotronik.
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