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This Stents market report is an exhaustive research on companies active in Stents sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years.
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Stents market trends research and projections for 2020- 2026 • A research study conducted by Global Market Insights, Inc., suggests that stents market is likely to exceed the $14.3 billion mark by 2026, in terms of revenue. • With growing prevalence of cardiovascular disorders around the world and surging demand for enhanced techniques for disease treatment and surgeries, global stents market is set to witness enormous growth over the coming years. • Increasing adoption of unhealthy lifestyle is one of the major factors leading to increasing incidences of coronary artery diseases. This will evoke the usage of stents in the treatment of coronary artery disease thereby propelling the market growth. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
With regards to the product, vascular stents segment accounted for a revenue share of USD 10.3 billion in 2019 and is likely to witness significant growth in the subsequent years owing to ongoing technological advancements along with increasing number of patients with cardiovascular disorders (CVD). According to the European Heart Network, over 85 million people across the Europe are currently suffering from CVDs. • In terms of material bifurcation, Polymer stent segment is anticipated to register USD 3.0 billion by 2026 considering the massive usage of polyethylene, polyurethanes, polylactides and polyglycolides due to their biostable and biodegradable properties. In addition, various benefits associated with polymer stents such as high compatibility and minimum post-surgery complications, will complement the segment growth further. • In terms of product type, self-expandable stents segment is projected to register a valuation of USD 5.3 billion by 2026 on account of increasing product adoption owing to its ability to attain the required diameter after placement. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • Regionally, China stents market is projected to register a substantial CAGR of 5.5% through 2025 attributing to increasing prevalence of cardiovascular disorders in the country. Reportedly, 2 out of 5 deaths in China are a result of cardiovascular disease. Moreover, increasing inclination of market players toward new product development will provide positive growth prospects for the industry in the near future. • Competitive Analysis • Some of the notable industry players include Abbott Laboratories, B. Braun Melsungen AG, Biosensors International Group, Biotronik SE & Co. KG, Boston Scientific Corporation, C R Bard, Elixir Medical Corporation, Medtronic Plc, Meril Life Science, MicroPort Scientific Corporation, Stryker Corporation, Terumo Corporation, Veryan Medical Limited, W.L. Gore & Associates Request for Customization @ https://www.gminsights.com/roc/3372 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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