Lifestyle and health are correlated with each other. Changing lifestyle has led to several health issues across the globe including diabetics, chronic diseases, hypertension, and obesity. Coronary Stent is highly beneficial in the treatment of coronary heart disease. Analysts at QYR Consulting functioning in the healthcare domain have studied multiple dimensions of the Coronary Stents market. QYR Consulting has come up with a new research report titled, “Global Coronary Stents Market Report, History and Forecast 2014-2025.” As per the report, the global Coronary Stents market is anticipated to attain a value of US$ 7.49 Bn by the end of 2025, which was about US$ 5.63 Bn in the year 2018. The market is expected to expand with a moderate CAGR of 4.1% during the forecast period of 2019-2025.
Segmental
Analysis
Drug-eluting Stent (DES) segment is likely to hold
a greater share in the global Coronary Stents market
The global
Coronary Stents market is divided into two segments such as by product and by
application. On the basis of products, the market is further segmented into
Bioresorbable Vascular Scaffold (BVS), Bare-metal Stent (BMS), and Drug-eluting
Stent (DES). As far as products are concerned, Drug-eluting Stent (DES) segment
is projected to acquire a key share in the global Coronary Stents market. The
BVS products are estimated to attract extensive demand during the forecast
period. These products are usually used for the treatment of a young patient population.
By application, the global Coronary Stent market is segmented into hospitals,
Ambulatory Surgical Centers (ASCs), and cardiology center.
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Regional Coverage
North America is likely to dominate in the global Coronary Stents
market
Industry leader like
North America is expected to show impressive growth in the global Coronary
Stents market because of high occurrence of chronic diseases, reimbursement
facilities, and presence of key players who fulfill the requirements of the
population in the region. Increasing elderly population, rising medical
tourism, and changing lifestyles in Asia Pacific to foster the global Coronary
Stents market growth. Moreover, government initiatives regarding the standard
medication pricing in emerging economies like India and China is further
pushing the demand for Coronary Stents in the region. Growing expenditure on
healthcare services in Asia Pacific is also supplementing the global market
growth.
Key Players
Some of the key players
operating in the global Coronary Stents market are Boston Scientific, Lepu
Medical, Terumo, Atrium Medical, SINOMED, MicroPort, LBC, Essen Technology,
Medtronic, B.Braun, and Biosensors
Market Dynamic
Rising geriatric population is anticipated to augment well for the
global Coronary Stents market growth
High prevalence of
chronic diseases around the world is likely to surge the demand for Coronary
Stents in the years to come. Apart from this, growing geriatric population is
treated as one of the significant drivers for the global Coronary Stents
market. Nowadays, there are various advanced treatments available to improve
the cardiac health of the elderly population. Technological advancement in the
healthcare industry is also to increase the demand for Coronary Stents. These advancements
are enhancing efficiencies, accuracy, and nullifying errors.
Evolving trends like scaffolds, bifurcation
stent, biodegradable polymer, bioresorbable stents with the implementation of
advanced techniques are trending in the healthcare industry. Cardiovascular
diseases are associated with changing lifestyle habits like lack of physical
activities, unhealthy eating habits, smoking, and work pressure, which are
deteriorating heart health and expected to rise in the demand for Coronary
Stent devices.
Read Report Overview
with TOC: https://www.qyrconsulting.com/reports/coronary-stents-market
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