Stents Market Finds That Unhealthy Lifestyles & Affordable Healthcare Will Boost Future Demand - MarketIntelReports

Stents Market Revenue, Boosted by Rise In The Elderly Population & Medical Stent Advances, Predicted to Stand At $16.6 Billion in 2022

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Delaware, March 10, 2017 (GLOBE NEWSWIRE) -- The report “World Stents Market by Product (coronary, peripheral, and stent-related implants), by Material (Metallic, Polymeric, Natural) – Global Opportunity Analysis and Industry Forecast 2022”, available on MarketIntelReports, estimates that Brazil’s improving healthcare system will play a key future role. 

Browse 42 Market Tables as well as 62 Figures which are spread through 122 Pages and an in-depth TOC on the “Stents Market 2022

Scope & Regional Forecast of the Stents Market

A heart stent, also known as a cardiac stent, can be described as a small mesh tube that serves as the first port of call when it comes to treating arteries which gradually narrowed or weakened. A stent procedure or a heart stent surgery is vital for maintaining the good health of individuals because arteries are crucial for transporting blood to various parts of the human body. Stent placement involves installing a medical stent in an artery through a procedure known as coronary angioplasty. This heart stent procedure helps normalize the flow of blood through arteries which have either narrowed or been blocked. A stent implant serves its purpose for several years by providing support to inner part of an artery’s wall. Other applications of a medical stent include ensuring smooth flow of urine, passage of food through the esophagus and in the abdomen. Thus, the medical benefits provided by the Stents Market ensure that a significant amount of growth will registered during the forecast period of 2014-2022.

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The Stents Market revenue is expected to reach the $16.6 Billion mark by 2022 owing to primary growth drivers like: rise in the population of the elderly; an increase in the number of reported stroke cases; technical advances made in the development of the medical stent; rising awareness and subsequent adoption of the heart stent surgery; wide adoption of the sedentary lifestyle in enterprises; and maintenance of unhealthy diets.

The Stents Market has witnessed coronary stents pick up a dominant 48.5% share in the market due to recent technological advances. On the other hand, Brazil is expected to register a CAGR of 12.1% till 2022 due to an improving healthcare system, presence of numerous cardiologists and a growing elderly population. But the biggest positive is the awareness and adoption of this technology by the general public. The adoption rates have gradually increased as people slowly get comfortable with the idea of their blood flow being aided by stents.

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Prominent Segmentations Involved in the Stents Market

The Stents Market can be broken down into various segmentations on the basis of -

  • Type: Coronary Stents, Drug-Eluting Stents (DES), Bare-Metal Coronary Stents, Bioabsorbable Stents, Peripheral Stents, Iliac, Femoral-Popliteal, Renal, Carotid, Stent-Related Implants, Synthetic Grafts and Vena Cava Filters.
  • Material: Metallic Biomaterials, Polymers Biomaterials and Natural Biomaterials.
  • Geography: North America, Asia-Pacific, Europe and LAMEA.

Some of the sample companies profiled in the Stents Market report are as follows:

  • Abbott Laboratories
  • B. Braun Melsungen AG
  • Biotronik SE & Co. KG
  • Boston Scientific Corporation
  • C.R. Bard, Inc.
  • Elixir Medical Corporation
  • Medtronic plc
  • Microport Scientific Corporation
  •  TerumCorporation

 Why buy this report?

  • Get a detailed picture of the Stents Market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market’s major players and leading brands.
  • A five-year forecast method is used in order to assess how the market is predicted to develop.

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