Global Surgical Stents Market, By Type (Self-Expandable Stents, Balloon-Expandable Stents), Product (Vascular Stents, Non-Vascular Stents), Material (Standard Polymer, Metal, Biodegradable Polymer), Application (Urinary Tract Diseases, Cardiac Diseases, Others), End-Users (Clinics, Hospital, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Surgical Stents Market
The surgical stents market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 19,874.93 million and grow at a CAGR of 7.05% in the above-mentioned forecast period. Rise in the cardiovascular disorders drives the surgical stents market.
Stent is defined as a tiny tube like medical device which is inserted into a blocked passageway by the physician to keep it open. Stents restore the flow of blood or other fluids. It is a small, flexible metal or plastic tubes which are inserted into the vessels or duct to keep the passageway open.
Rising demand for minimally invasive procedures is the vital factor escalating the market growth, also rise in the advancement in healthcare technology, increase in unhealthy and hectic lifestyle, rise in the geriatric population and rise in the healthcare expenditure are the major factors among others driving the surgical stents market. Moreover, rising technological advancements and modernization in the healthcare devices, rise in the research and development activities in the healthcare sector and rising emerging markets will further create new opportunities for surgical stents market in the forecasted period of 2021-2028.
However, stent failure and recall and stringent regulatory approvals are the major factors among others which will obstruct the market growth, and will further challenge the growth of surgical stents market in the forecast period mentioned above.
The surgical stents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical stents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Surgical Stents Market Scope and Market Size
The surgical stents market is segmented on the basis of type, product, material, application and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the surgical stents market is segmented into self-expandable stents and balloon-expandable stents.
- Based on product, the surgical stents market is segmented into vascular stents and non-vascular stents.
- Based on material, the surgical stents market is segmented into standard polymer, metal and biodegradable polymer.
- Based on application, the surgical stents market is segmented into urinary tract diseases, cardiac diseases and others.
- The surgical stents market is also segmented on the basis of end-users into oral, rectal and intravenous.
Surgical Stents Market Country Level Analysis
The surgical stents market is analysed and market size insights and trends are provided by country, type, product, material, application and end-users as referenced above.
The countries covered in the surgical stents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the surgical stents market due to rise in the incidence of cardiovascular disease coupled with rising geriatric population in this region. Asia-Pacific is the expected region in terms of growth in surgical stents market due to rise in the presence of huge patient population base and rapidly developing economies in this region.
The country section of the surgical stents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The surgical stents market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for surgical stents market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the surgical stents market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Surgical Stents Market Share Analysis
The surgical stents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to surgical stents market.
The major players covered in the surgical stents market report are STI Laser Industries, Ltd, ELLA-CS, Ltd, Boston Scientific Corporation, AMETEK.Inc, Abbott, amg International, ANGIOCARE B.V, Meril Life Sciences Pvt. Ltd, F. Hoffmann-La Roche Ltd, Elixir Medical Corporation, Medtronic, B. Braun Melsungen AG, Medtronic, Amaranth Medical Pte Ltd and ART among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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