Coronary Stent Market is expected to generate a revenue of USD 15.45 Billion by 2030, Globally, at 9.34% CAGR: Verified Market Research®
Several factors such as increasing elderly population, an increase in demand for minimally invasive procedures, an increase in the prevalence of coronary artery diseases, and the development of new technologies will lead the market.
JERSEY CITY, N.J., Oct. 4, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Coronary Stent Market" By Product Type (Drug Eluting Stents, Bioabsorbable Stents), By Design (Permanent coronary Stents, Fully degradable coronary stents), By Material (Metallic, Polymeric), By End-User (Hospitals, Cardiac Centers), and By Geography.
According to the extensive research done by Verified Market Research experts, the Coronary Stent Market size was valued at USD 7.20 Billion in 2022 and is projected to reach USD 15.45 Billion by 2030, growing at a CAGR of 9.34% from 2023 to 2030.
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Browse in-depth TOC on "Coronary Stent Market"
202 - Pages
126 – Tables
37 – Figures
Global Coronary Stent Market Overview
A coronary stent is a tube that is put into clogged coronary arteries during percutaneous coronary intervention to open blood flow to the heart (PCI). This tube looks to be a thin metal mesh tube that can expand inside a coronary artery to treat constricted arteries and ease heart attack symptoms such as chest pain. This tube is referred to as a balloon-tipped tube (catheter). It is moved in the direction of the obstruction's position. After the balloon is inflated, the stent expands and creates a scaffold that aids in maintaining the artery's openness and enhances blood flow to the heart. They are used to treat a number of cardiac problems, including myocardial infarction, angina, and coronary artery disease, among others.
Drug-eluting stents, bioabsorbable stents, and bare metal stents are the three types of coronary artery stents that can be categorised based on the substance they are composed of. The three types of materials that are used to create cardiac stents are metallic, polymeric, and natural materials. Depending on how they are distributed, they are separated into two categories: self-expanding stents and balloon-expandable stents. The final users of coronary stents are hospitals and other cardiac facilities.
Key Developments
- The Ministry of Health, Labor, and Welfare of Japan gave its stamp of approval to the combo plus coronary stent that was introduced by OrbusNeich Medical K.K. of Tokyo in September of 2019. (MHLW). Evermine50, an everolimus-eluting coronary stent device, was introduced in November 2019 by Meril Life Sciences, a company based in India.
Key Players
The major players in the market are Abbott Laboratories, B. Braun Melsungen AG, Boston Scientific Corporation, C. R. Bard, Inc., Microport Scientific Corporation, Terumo Corporation, Medtronic plc., Biotronik SE & Co. KG, Biosensors International Group, Ltd., and Stentys SA.
Verified Market Research has segmented the Global Coronary Stent Market On the basis of Product Type, Design, Material, End-User, and Geography.
- Coronary Stent Market, by Product Type
o Drug Eluting Stents
o Bioabsorbable Stents
o Bare Metal Stent
- Coronary Stent Market, by Design
o Permanent coronary Stents
o Fully degradable coronary stents
- Coronary Stent Market, by Material
o Metallic
o Polymeric
o Natural
- Coronary Stent Market, by End-User
o Hospitals
o Cardiac Centers
o Semi sweet chocolates
- Coronary Stent Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Top 7 medical device companies, investing in quality care, at international level
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