Therapeutic Stents Market: North America to Account for Major Share of Market

Global Therapeutic Stents Market: Introduction

Stents are tubular type implants that are deployed most commonly to recover the shape of narrowed arterial segments. The stent scaffolds the artery open, improving blood flow. The stent is expanded, flattening the plaque against the artery wall and holding the artery open with a mesh tube. The catheter used to deliver the stent is then removed, but the stent stays in the artery permanently to maintain healthy blood flow.

Read Report Overview - https://www.transparencymarketresearch.com/therapeutic-stents-market.html

The stent can occlude, causing reduced and/or no blood flow to the area. The insertion site may bleed or become infected. In-vivo testing verified the biocompatibility and biofunctionality of the implanted stents and analysis of the results led to clear measures to refine the stent design and processing for enhanced properties as well revisions to the implantation techniques to better suit the characteristics of the new stent.

Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=78771

Key Drivers of Global Therapeutic Stents Market

Rise in geriatric population

According to World Population Ageing 2017, the global population aged 60 years or over numbered 962 million in 2017, more than twice as large as in 1980 when there were 382 million geriatric people worldwide. The number of geriatric people is expected to double again by 2050, when it is projected to reach nearly 2.1 billion. In 2050, geriatric persons are expected to account for 35% of the population in Europe, 28% in Northern America, 25% in Latin America and the Caribbean, 24% in Asia, 23% in Oceania and 9% in Africa. The geriatric population of developing regions is increasing at a more rapid pace, as compared to the geriatric population in developed regions.

Request for Analysis of COVID-19 Impact on Therapeutic Stents Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=78771

Technological advancements in stents

Stent technology has rapidly evolved since the first stainless steel bare metal stents with substantial developments in drug choice, scaffolding, drug delivery, polymer, and elution mechanisms. According to Wainscot Media, companies such as Biosensors and Abbott are developing biodegradable and bifurcated stents to deal with concerns about thrombosis caused by long-term device implantation and to expand the type of treatable lesions, including those located at vessel branches. The penetration of bioabsorbable stents is likely to be limited by a lack of long-term safety data, and the fact that their expected average selling price (ASP) is expected to be much higher than traditional stents. In 2008, Biosensors International’s BioMatrix stent received CE mark approval.

Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=78771

North America to Account for Major Share of Global Therapeutic Stents Market

North America is projected to account for a major share of the global therapeutic stents market during the forecast period. The market in the region is anticipated to expand at a rapid pace in the next few years due to an increase in research & development and various government initiatives for the development of novel ideas. Europe is expected to be the second-largest market, globally, during the forecast period.

The therapeutic stents market in Asia Pacific is likely to expand at a high CAGR during the forecast period. This can be attributed to a rise in investment in research & development by private & government organizations and increase in healthcare management in the region.

Pre Book Therapeutic Stents Market Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=78771&ltype=S

Key Players Operating in Global Therapeutic Stents Market

The global therapeutic stents market is highly consolidated owing to the presence of a small number of key players. Leading players operating in the global therapeutic stents market include:

  • ArjoHuntleigh
  • Abbott Laboratories
  • B. Braun Melsungen AG
  • Biotronik SE & Co. KG
  • Boston Scientific Corporation
  • C.R. Bard, Inc.
  • Elixir Medical Corporation
  • Medtronic plc
  • Microport Scientific Corporation
  • STENTYS SA
  • Terumo Corporation

Browse More Trending Reports by Transparency Market Research:

Dental Dentures Market: https://www.transparencymarketresearch.com/dental-dentures-market.html

Pressure Monitoring Market: https://www.transparencymarketresearch.com/pressuremonitoring-kits-market.html

Artificial Cornea Implant Market: https://www.transparencymarketresearch.com/artificial-cornea-implant-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

Back to news