Coronary Stent Market Size, Share, Analysis Report

Coronary Stent Market By Mode of Delivery Analysis (Balloon-expandable Stents, Self-expanding Stents); By End User Analysis (Hospitals, Cardiac Centers, Ambulatory Surgical Centers); By Material Analysis (Metallic Stents, Cobalt Chromium, Platinum Chromium, Nickel Titanium, Stainless Steel); By Type Analysis (Bare-metal Stents, Drug-eluting Stents, Bioabsorbable Stents) and By Regional Analysis – Global Forecast by

The Coronary Stent Market is expected to be around US$ 15 Billion by 2028 at a CAGR of 7.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

7

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

A coronary stent is an expanding tube-shaped deviceutilizedto keep the arteries open in the treatment of coronary heart disease. It is placed in arteries that supply blood to the heart during a process called percutaneous coronary intervention (PCI). Stents decrease chest pain and have been shown to recoversurvivability in the event of an acute myocardial infarction.Stents which are covered with prescription ordinarily known as medication eluting stents, these are broadly used to maintain a strategic distance from blockage in the arteries.Many key players in the market are making big investments to create cutting edge stents, for example, Bioresorbable stents and medication filled stents.The worldwide coronary stents market is growing because of occurrence of life style, for example, stoutness and cardiovascular maladies, for example, angina pectoris and ischemic coronary illness particularly in developed nations.

How Big is the Global Coronary Stent Market?

The Coronary Stent Market is expected to be around US$ 15 Billion by 2028 at a CAGR of 7.5% in the given forecast period.

The major driving factors of Coronary Stent Market are as follows:

  • Growing incidence of coronary artery disease and subsequent development in the amount of PCI procedures
  • Rising demand for minimally invasive procedures
  • Bioresorbable Vascular Scaffolds
  • New technological advancements improving and growing geriatric population

The restraining factors of Coronary Stent Market are as follows:

  • Availability of option treatment methods for coronary artery disease
  • Strictrules for product approval
  • Declining in the cost of stents
  • Implantation of stents is a complex procedure

The Coronary Stent Market is segmented on the lines of its mode of delivery, end user, type, material and regional. Based on mode of delivery segmentation it covers balloon-expandable stents, self-expanding stents. Based on end user segmentation it covers hospitals, cardiac centers, ambulatory surgical centers. Based on type segmentation it covers bare-metal stents, drug-eluting stents, and bioabsorbable stents. Based on material segmentation it covers metallic stents, cobalt chromium, platinum chromium, nickel titanium, stainless steel, and other stents. The Coronary Stent Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:
1) An overview of the global market for Coronary Stent Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Coronary Stent Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Coronary Stent Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Medtronic plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), Biosensors International Group, Ltd. (Singapore), BIOTRONIK SE & Co. KG (Germany), B. Braun Melsungen AG (Germany), TERUMO CORPORATION (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Vascular Concepts (India), and Translumina GmbH (Germany). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Coronary Stent Market has been segmented as below:

By Mode of Delivery Analysis:

  • Balloon-expandable Stents
  • Self-expanding Stents

By End User Analysis:

  • Hospitals
  • Cardiac Centers
  • Ambulatory Surgical Centers

By Material Analysis:

  • Metallic Stents
  • Cobalt Chromium
  • Platinum Chromium
  • Nickel Titanium
  • Stainless Steel
  • Other Stents

By Type Analysis:

  • Bare-metal Stents
  • Drug-eluting Stents
  • Bioabsorbable Stents

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Reasons to Buy this Report:
1) Obtain the most up to date information available on all  Coronary Stent Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Coronary Stent Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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1    INTRODUCTION    
    1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources
 

2 Research Methodology 
    2.1 Market Size Estimation 
    2.2 Market Breakdown and Data Triangulation 
    2.3 Key Industry Insights 
    2.4 Assumptions for the Study

 

3 Executive Summary

 

4 Premium Insights 
    4.1 Coronary Stent: Market Overview 
    4.2 Coronary Stent Market, By Type 
    4.3 Coronary Stent Market, By Mode of Delivery (2018 vs 2024) 
    4.4 Coronary Stent Market, By Material (2018 vs 2024) 
    4.5 Metallic Coronary Stent Market, By Type (2018) 
    4.6 Coronary Stent Market, By End User 
    4.7 Geographic Snapshot: Coronary Stent Market

 

5 Market Overview 
    5.1 Introduction 
    5.2 Market Dynamics 
           5.2.1 Drivers
                    5.2.1.1 Technological Advancements
                    5.2.1.2 Rising Incidence of Coronary Artery Disease and Subsequent Growth in the Number of PCI Procedures
                    5.2.1.3 Increasing Demand for Minimally Invasive Procedures
                    5.2.1.4 Rising Geriatric Population
           5.2.2 Restraints
                    5.2.2.1 Availability of Alternative Treatment Methods for Coronary Artery Disease
                    5.2.2.2 Stringent Regulations for Product Approval
                    5.2.2.3 Product Failure and Product Recalls
           5.2.3 Opportunities
                    5.2.3.1 Bioresorbable Vascular Scaffolds
                    5.2.3.2 Emerging Markets
           5.2.4 Challenges
                    5.2.4.1 Complications Associated With Implantation of Stents
                    5.2.4.2 Declining Costs of Stents
    5.3 Regulatory Landscape 
    5.4 Pipeline Products 
    5.5 Pricing Analysis

 

6 Coronary Stent Market, By Type 
    6.1 Introduction 
    6.2 Bare-Metal Stents 
    6.3 Drug-Eluting Stents 
    6.4 Bioabsorbable Stents

 

7 Coronary Stent Market, By Mode of Delivery 
    7.1 Introduction 
    7.2 Balloon-Expandable Stents 
    7.3 Self-Expanding Stents

 

8 Coronary Stent Market, By Material 
    8.1 Introduction 
    8.2 Metallic Stents 
           8.2.1 Cobalt Chromium
           8.2.2 Platinum Chromium
           8.2.3 Nickel Titanium
           8.2.4 Stainless Steel
    8.3 Other Stents

 

9 Coronary Stent Market, By End User 
    9.1 Introduction 
    9.2 Hospitals 
    9.3 Cardiac Centers 
    9.4 Ambulatory Surgical Centers

 

10 Coronary Stent Market, By Region 
     10.1 Introduction 
     10.2 North America 
             10.2.1 U.S.
             10.2.2 Canada
     10.3 Europe 
             10.3.1 Germany
             10.3.2 France
             10.3.3 U.K.
             10.3.4 Rest of Europe
     10.4 Asia 
     10.5 Rest of the World (RoW)

 

11 Competitive Landscape 
     11.1 Overview 
     11.2 Market Share Analysis 
     11.3 Competitive Situation and Trends 
             11.3.1 Approvals, Product Launches, and Enhancements
             11.3.2 Agreements, Collaborations, and Contracts
             11.3.3 Expansions
             11.3.4 Acquisitions

 

12 Company Profiles
     12.1 Introduction 
     12.2 Medtronic PLC 
     12.3 Abbott Laboratories 
     12.4 Boston Scientific Corporation 
     12.5 Biosensors International Group, Ltd. 
     12.6 Biotronik SE & Co. Kg 
     12.7 B. Braun Melsungen AG 
     12.8 Terumo Corporation 
     12.9 Stentys SA 
     12.10 Microport Scientific Corporation 
     12.11 Meril Life Sciences Pvt. Ltd. 
     12.12 Vascular Concepts Limited 
     12.13 Translumina GmbH

The Coronary Stent Market has been segmented as below:

By Mode of Delivery Analysis:

  • Balloon-expandable Stents
  • Self-expanding Stents

By End User Analysis:

  • Hospitals
  • Cardiac Centers
  • Ambulatory Surgical Centers

By Material Analysis:

  • Metallic Stents
  • Cobalt Chromium
  • Platinum Chromium
  • Nickel Titanium
  • Stainless Steel
  • Other Stents

By Type Analysis:

  • Bare-metal Stents
  • Drug-eluting Stents
  • Bioabsorbable Stents

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 7.5% during the study period (2023-2028)
The Coronary Stent Market is expected to be around US$ 15 Billion by 2028.
The segment included in Coronary Stent Market is Mode of Delivery, End User, Material, Type and region.
Some key players operating in the Coronary Stent Market include Medtronic plc (Ireland), Abbott Laboratories (U.S.), Boston Scientific Corporation (U.S.), Biosensors International Group, Ltd. (Singapore), BIOTRONIK SE & Co. KG (Germany), B. Braun Melsungen AG (Germany), TERUMO CORPORATION (Japan), STENTYS SA (France), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Vascular Concepts (India), and Translumina GmbH (Germany)
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