Vascular Stents Market Overview

Vascular diseases have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective vascular stents has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning market size.

Vascular diseases have become a critical healthcare issue across the globe, with the burden surging at an alarming speed owing to bad eating habits, lack of exercise, and a host of environmental factors. Despite the United States being a developed country with a well-developed healthcare industry, the disease burden is as prevalent as six in every ten individuals. With the dramatic surge in the cases and the growing hospital admissions, the need for effective vascular stents has been rising as well. Surge in technical advances in stenting technologies, expanding geriatric pool and the escalating preference for minimally or non-invasive surgeries are also responsible for the burgeoning Vascular Stents Market size.

Mounting angioplasty procedures and increasing product approval by authoritative agencies seem to be working in favor of the vascular stents market. Innovations in bioresorbable vascular scaffolds combined with the increased focus on emerging regions that are brimming with significant growth potential are a few lucrative opportunities that the top firms are expected to be presented with in the years ahead. With that said, the rise in product recalls as well as failures can be huge challenges for the global market over the evaluation period, slowing down the growth rate to some extent.

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Vascular Stents Market Segmentation

Mounting angioplasty procedures and increasing product approval by authoritative agencies seem to be working in favor of the vascular stents market. Innovations in bioresorbable vascular scaffolds combined with the increased focus on emerging regions that are brimming with significant growth potential are a few lucrative opportunities that the top firms are expected to be presented with in the years ahead. With that said, the rise in product recalls as well as failures can be huge challenges for the global market over the evaluation period, slowing down the growth rate to some extent.

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Vascular Stents Market Regional Analysis

The market for vascular stents has been regionally divided into Europe, the Americas, MEA or Middle East Africa and Asia Pacific or APAC.

The Americas can end up being the most attractive market in the near future, as the need for vascular stents has been increasing in line with the rising cases and the high uptake of advanced technologies. High demand for minimally invasive procedures in Canada and the US can be another key growth rendering factor in the regional market. Sizeable investments that go into healthcare researches, favorable government policies, successful treatments and early diagnosis rate are a few other factors that encourage market growth in the region.

The APAC market could observe consistent growth throughout the analysis period, thanks to the rising prominence of vascular disease combined with the rapidly burgeoning elderly population. Other key contributing factors could be the escalating cases of cardiovascular diseases, increased consumption of modern technologies, and the cheaper manufacturing costs pertaining to medical devices.

Vascular Stents Market Players

• Abbott Laboratories
• Boston Scientific Corporation
• Medtronic Plc.
• Terumo Corporation
• Microport Scientific Corporation
• Vascular Concepts
• R. Bard
• Merril Life Sciences
• Biotronic SE Co. KG
• Cordis Corporation
• Others 

Some of the eminent firms in the worldwide industry are Cook Medical (US), MicroPort Scientific Corporation (China), Meril Life Sciences Pvt. Ltd. (India), Lombard Medical Technologies (UK), Cordis (US), Abbott Laboratories (US), Vascular Concepts (India), Boston Scientific Corporation (US), Translumina GmbH (Germany), W.L. Gore Associates (US), B. Braun Melsungen AG (Germany), Medtronic Plc (UK), Biotronik se co. kg (Germany), Terumo Corporation (Japan), and more.

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