“Vascular stents” includes many of the features such as Market Estimation, Prominent players, data analysis, Competitive Landscape, Competitive Assessments, Current and Emerging Growth seen in Healthcare Sector and Vascular stents by type - self-expanding stent, balloon expanding stent, renal artery stents, drug eluting stent - Global Forecast to 2023

Vascular stents are the devices which are used for the treatment of different artery diseases. Arterial diseases is characterized by decreasing in the diameter of the artery due to the deposition of the plaque which is mainly cholesterol or fat. Vascular stents are used to unblock the arteries and relieve the obstruction of blood flow. Different types of materials are used for the preparation of the stents. Vascular Stents Market is expected to grow at a CAGR of 7.8% during forecasted period 2017-2023.

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The major driving factor for the growth of global vascular stents market is increasing prevalence of cardiovascular diseases and coronary diseases. Increase in number of angioplasty procedures, advances in the treatment of the vascular diseases, increasing obese population also contributed in the growth of the market. According to WHO, cardiovascular diseases is the cause of majority of deaths globally. Beside this number of obese population across the globe is rising continuously. In 2014, globally 39% of adults aged 18 years and over were overweight whereas 13% were obese. People are more prone to different vascular diseases due to adoption of deskbound work life, poor diet and lack of exercise. This is the major factor influencing the growth of the market. Whereas availability of alternative therapies and high cost of the vascular stents are some factors that hinders the growth of the market.

Vascular Stents Market Key Players Are:

Boston Scientific Corporation (US), Abbott Laboratories (US), Medtronic, Plc (UK), Cook Medical (US), Biotronik se & co. kg (Germany), B. Braun Melsungen AG (Germany), Cordis (US), Lombard Medical Technologies (UK), Translumina GmbH (Germany), MicroPort Scientific Corporation (China), Terumo Corporation (Japan), Vascular Concepts (India), W.L. Gore & Associates (US), Meril Life Sciences Pvt. Ltd. (India).

Vascular Stents Market Regional Overview are

Geographically, North America commands market for vascular stents. Increasing obese population in North America is the major factor for the growth of the market. Beside this increasing people suffering from various cardiovascular diseases and lack of exercise also contributed in the growth of the market. Europe accounts second largest vascular stents market. While Asia Pacific is the fastest growing market due to rapid development in technology and a huge patient suffering from different vascular diseases. Middle East and Africa accounts the least share in global vascular stents market.

Vascular Stents Market Segmentation are:

Global Vascular Stents Market is segmented on the basis of material into metal, standard polymer and biodegradable polymer. On basis of application they are coronary artery, peripheral artery and other. On the basis of type the market is segmented into self-expanding stent, balloon expanding stent, renal artery stents, drug eluting stent and other. And on the basis of end user they are hospital, clinics, ambulatory centres.

Vascular Stents Market - Competitive Analysis

Many companies are focusing on research and development activity to improve the vascular stent products.  Major companies are focusing on the development of biodegradable stents to overcome the disadvantages of other available stents. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.

Abbott Laboratories is one of the leading healthcare company headquartered in US. In June 2016, FDA has approved the Absorb bioresorbable Stent for heart. This stents is completely dissolve in the body and used in the treatment of heart complications. Company’s Esprit bioresorbable vascular scaffold is under clinical trials.

December, 2016 - Lombard Medical and MicroPort Scientific Corporation announced strategic partnership and investment agreement. This partnership allowed Lombard Medical to accelerate commercialization in global market with its two key products i.e Aorfix and Altura AAA. Aorfix, the only stent graft to hold global approvals to treat abdominal aortic aneurysms (AAA) with aortic neck angles up to 900, and Altura, a highly innovative stent graft that offers a simple and predictable treatment option for standard abdominal aortic aneurysms anatomy.

Boston Scientific Corporation is a global manufacturer and developer of medical devices headquartered in US. PROMUS Element plus Stent, REBEL Stent System, SYNERGY Stent are some of the major products of the company. In 2014, company has launched Promus PREMIER Everolimus-eluting Platinum Chromium Coronary Stent System in Asia Pacific region. In 2015, worldwide sales of the company’s drug-eluting coronary stents were $1.074 billion as compared to $1.151 billion during 2014.

Medtronic is a medical device manufacturer headquartered in UK. It is the world's largest standalone medical technology development company. In 2015 company has develop Stent Graft System System for Endovascular Repair of Thoracoabdominal Aortic Aneurysms. Earlier company’s Resolute Drug-Eluting Stent has shown a very good performance in Diabetic Patients with Heart Disease. Medtronic market was increased by 7% in 2016 compared to 2015.

Cook Medical is an US headquartered company involved in the manufacturing of the medical devices. Approach, Bird's Nest, Advance are some of the major product of the company.

Major Table of Content:

Introduction  

Research Methodology             

Market Dynamics         

Market Factor Analysis      

GLOBAL VASCULAR STENTS MARKET BY MATERIAL

GLOBAL VASCULAR STENTS MARKET BY APPLICATION

GLOBAL VASCULAR STENTS MARKET BY TYPE

GLOBAL VASCULAR STENTS MARKET BY END USER

GLOBAL VASCULAR STENTS MARKET BY REGION

Competitive Landscape

Company Profile

Appendix

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