2025 Global Coronary Stents Market Report is a professional and in-depth research report on the world’s major regional market conditions of the market, focusing on the main regions and the main countries (North America, Europe, APAC, MEA and South America). In February 2018, in India, the National Pharmaceuticals Pricing Authority (NPPA) revised the price of bare metal stents (BES) to US$ 116.03 (INR 7, 660.0) from US$ 109.97 (INR 7, 260.0) and reduced the price of drug-eluting and biodegradable stents to US$ 422.47 INR 27,890.0 from US$ 448.37 INR 29,600.0.
In our study, we have segmented the coronary stents market by type, absorption rate, material and end-users. The market by the type of the stents can be categorized as biodegradable stents, bare metal stents and drug eluting stents. The coronary stents based on the absorption rate can segmented as slow absorption rate and fast absorption rate stents. The market by material includes the nitinol, polymer, gold, tantalum, nickel, stainless steel and cobalt metal alloy. The end-users of coronary stents can be classified as hospitals, ambulatory surgical centers and cardiac centers. Geographically the coronary stents market was classified as North America, Europe, Asia Pacific, Middle East and Africa and South and Central America.
The Prominent Players in Global Coronary Stents Market includes:
1. Microport Scientific Corporation
2. Translumina GmbH
3. Abbott Laboratories
4. Terumo Corporation
6. Biosensors International Groups, LTD
7. Stentys SA
8. Vascular Concepts
9. B. Braun Melsungen AG
10. Biotronik SE & CO. KG
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The global coronary stents market is a matured market in the developing countries as well as developing economies worldwide. Rising prevalence of cardiovascular diseases and increasing number of surgical procedures. In the coming years, hospitals followed by cardiac centers & ambulatory surgical centers are likely to experience high demand for coronary stents. Among the coronary stents, the stents made up of cobalt, are in high demand by the doctors, followed by platinum. Furthermore, advancement in the field of molecular biology has equally enhanced the coronary stents in terms of the safe products. And the technologically advanced and cost efficient stents are expected to be the driving factors for the coronary stents market.
The growing geriatric population and increasing number of diabetic patients are key factors for rise in the number of the heart disease cases. For instance, as per the the American Heart Association (AHA), the number of Americans above the age of 65 and older is anticipated to grow more than double from 46 million in 2016 to nearly 98 million by 2060. The cause of the increasing number heart patients is the obesity the obese people also unknowingly invite the heart diseases and the Americans seems to be the obese due to their heavy diet. The growth of the geriatric population and the other habits factors are likely to grow the need of the coronary stent market in coming future.
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The market for the coronary market is likely to grow more in the Asia Pacific region owing to developments in the region and rising awareness on better healthcare. In addition, the countries like Japan, China, and India are investing in improving healthcare infrastructure. Furthermore these countries have presence of large pool of population with heart diseases.
The market for coronary stents is well established in the region of North America, owing to the awareness regarding medical practices and technological developments in the treatment of cardiovascular diseases. Coronary stents is mature market in some of the region such as Japan, whereas, with some recent development in countries such as India, China, Indonesia and Taiwan, the demand for these devices is expected to upsurge in the coming years. Additionally, factors such as increasing focus of industry players in India and Japan, funds and grants in China are likely to propel growth of the market.
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The market for coronary stents is well established in North America region, especially in the U.S and Canada. Rising prevalence of various types of cardiac diseases and subsequent usage of coronary stents to treat these diseases is one of the major factors for the growth of coronary stents market in the country. According to the American Heart Association (AHA), in 2016, nearly 15.5 million persons aged above 20 years in the US have coronary heart diseases (CHD). The rising number of the coronary heart diseases need more number of coronary stents, hence, the coronary stents market is likely to grow during the forecast period.
In our study, we have segmented the coronary stents market by type, absorption rate, material and end-users. The coronary stents by type is segmented as biodegradable stents, bare metal stents and drug eluting stents. The absorption rate segment was further segmented as the slow absorption rate and fast absorption rate. The coronary stents market, by material can be categorized as nitinol, polymers, nickel, gold, tantalum, stainless steel and cobalt alloy metal stents. The end user segment can be segmented into ambulatory surgical centers, hospitals and cardiac centers. Geographically, the market for coronary stents was categorized as North America, Europe, Asia Pacific (APC), Middle East and Africa (MEA) and South and Central America (S&CAM).
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Global Coronary Stents Market – By Type
– Biodegradable Stents
– Bare Metal Stents
– Drug Eluting Stents
Global Coronary Stents Market – By Absorption Rate
– Slow Absorption Rate
– Fast Absorption Rate
Global Coronary Stents Market – By Material
– Stainless Steel
– Cobalt Alloy Metal
Global Coronary Stents Market – By End-User
– Ambulatory Surgical Centers
– Cardiac Centers
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