Fact.MR, a market research and competitive intelligence provider, has conducted a complete analysis on the global coronary stents market, which is projected to rise at a prolific CAGR of 12.9% over the forecast period.
The Global Coronary Stents Market Is Predicted To Rise Due To An Ageing And Obese Population Over The Forecast Period.
“Stenting technological advancements in terms of material, construction, and coatings play a key role in improving stent effectiveness and expanding their application areas. Furthermore, introducing unique products into the market helps companies attain a competitive advantage and increase product adoption,” says a Fact.MR analyst
Fact.MR, a market research and competitive intelligence provider, has conducted a complete analysis on the global coronary stents market, which is projected to rise at a prolific CAGR of 12.9% over the forecast period (2021 to 2028). Worldwide sales of coronary stents were valued at around US$ 10.1 Bn in 2020.
Currently, millions of people around the world suffer from coronary artery disease. Angioplasty has become a common treatment option for those suffering from atherosclerosis and heart attacks, thanks to the use of local moderate sedatives. Coronary stents are small expandable metal meshes that are inserted into the coronary arteries during percutaneous coronary intervention treatment.
The market is being driven by technological advancements in stenting operations, which have resulted in a reduction in manual errors during surgery. This is projected to increase the number of cardiologists who use these products in both, developing and developed countries. Furthermore, the market is expected to rise over the coming years due to improved reimbursements for percutaneous coronary intervention procedures.
For more insights into the Market, Get A Sample of this Report!
https://www.factmr.com/connectus/sample?flag=S&rep_id=7275
Technological advances in coronary stents, such as the invention of bifurcation stents and the use of biodegradable materials, have resulted in more effective and better CVD treatment outcomes.
Another factor projected to drive utilization of coronary stents throughout the forecast period is the growing preference for minimally invasive surgeries (MIS). Coronary stenting procedures have the advantage of having tiny incision wounds, which leads to increased patient satisfaction. These procedures also result in shorter hospital stays and faster recovery times.
Key Takeaways from Market Study
- Global coronary stents market to reach valuation of US$ 25.7 Bn by 2028.
- Drug eluting stents to account for 80% share of the global coronary stents market.
- Market in North America holds share of 30%.
For Comprehensive Insights Ask An Analyst Here
https://www.factmr.com/connectus/sample?flag=AE&rep_id=7275
Winning Strategy
Manufacturers are forming joint ventures, strategic alliances, and partnerships to improve production capacity and market penetration. Primary methods such as technology releases, acquisitions, and R&D initiatives are being prioritized by market players. Key manufacturers have begun to make strategic decisions to engage in mergers and acquisitions in order to expand their product portfolio and brand share in the market.
For instance,
- In 2021, Cardiovascular Systems Inc. established a collaboration with Chansu Vascular Technologies, LLC to produce drug-coated peripheral and coronary balloons for use in drug eluting stents.
Key Segments Covered in Coronary Stents Industry Research
- Coronary Stents Market by Product:
- Bare Metal Stents
- Drug Eluting Stents
- Bio-absorbable Stents
- Coronary Stents Market by Region:
- North America Coronary Stents Market
- Europe Coronary Stents Market
- Asia Pacific Coronary Stents Market
- Latin America Coronary Stents Market
- MEA Coronary Stents Market
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global coronary stents market, presenting historical demand data (2017-2020) and forecast statistics for the period of 2021-2028.
The study divulges essential insights on the market on the basis of product (bare metal stents, drug eluting stents, and bio-absorbable stents), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Get Customization on this Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7275
Fact.MR’s Domain Knowledge in Healthcare
Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support - encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.
Check out more Studies Related to Healthcare Industry, conducted by Fact.MR:
Non-Invasive Aesthetic Treatment Market - Global Non-Invasive Aesthetic Treatment Market by Procedure (Injectables, Skin Rejuvenation, Other Procedures), End User (Hospital/ Surgery Center, MedSpa, Traditional Spa, HCP Owned Clinic) and by Region- 2022 to 2032
Sacroiliac Joint Fusion Market - Sacroiliac Joint Fusion Market Analysis by Indication (Degenerative Sacroiliitis, Sacral Disruption, Trauma), by Treatment Type (Sacroiliac Joint Fusion Surgery, Sacroiliac Joint Fusion Injections, RF Sacroiliac Joint Fusion Ablation), by End User & Regional Forecast 2022-2032
Cardiac Resynchronization Therapy Market - Cardiac Resynchronization Therapy Market Analysis by Product Type (CRT-Defibrillator, RT-Pacemaker), by End-user Type, by Region - Global Forecast 2022-2032
Home Infusion Therapy Market - Home Infusion Therapy Market by product (infusion pumps, intravenous sets, IV cannulas and needleless connectors) application (anti-infective, endocrinology, hydration therapy, chemotherapy, enteral nutrition, parenteral nutrition, specialty pharmaceuticals and other applications), and by Region- 2022 to 2032
Blood Ketone Meter Market - Blood Ketone Meter Market by Product Type (Blood Ketone Monitoring, Blood Glucose and Ketone Monitoring, Consumables), Application (Human, Veterinary), End-use, and Region -2022 to 2032
Skincare Devices Market - Skincare Devices Market Analysis by Product (Diagnostic Devices, Treatment Devices), by Application (Diagnostic Devices, Treatment Devices), by End Use (Hospitals, Clinics, Others) and by Region- 2022 to 2032
Orthopedic Power Tools Market - Orthopedic Power Tools Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026
Dermatology CRO Market - Dermatology CRO Market by Type (Drug Discovery, Clinical, Preclinical), by Service (Project Management, Data Management, Medical Affairs, Medical Writing, Clinical Monitoring, Quality Management, Bio-statistics, Investigator Payments, Laboratory, Patient and Site Recruitment, Technology, Other Services), and Region - 2022 to 2032
Basin, Bowl and Cup Market - Basin, Bowl and Cup Market Analysis by Type (Basin, Bowl, Cup), by Material Type (Plastic (Polypropylene), Stainless steel), by End-user, Global Forecast 2022-2032
Clear Aligners Market - Clear Aligners Market by Age (Adults, Teens), End-User (Hospitals, Standalone Practices, Group Practices, Other End-Users), and by Region- 2022 to 2032
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-158