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APAC Stents Market 2021 By Regional Trend, Revenue & Growth Forecast

APAC Stents Market size is anticipated to exceed USD 9.4 billon by 2027, according to a latest forecast report by Graphical Research. Rising geriatric population base coupled with presence of large number of manufacturers in the region will spur the market expansion.

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APAC Stents Market 2021 By Regional Trend, Revenue & Growth Forecast

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  1. Asia Pacific Stents Market to Surpass $9.4 Bn by 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. APAC Stents Market size is anticipated to exceed USD 9.4 billon by 2027, according to a latest forecast report by Graphical Research. Rising geriatric population base coupled with presence of large number of manufacturers in the region will spur the market expansion. Advancement in healthcare technology is increasing that will drive the Asia Pacific stents market in the region. Stenting technology is increasing and mostly preferred over conventional balloon angioplasty due to introduction of advanced DES and evolving of bioresorbable scaffolds. Advancement in technology in coronary stents including biodegradable materials have led to efficient and better outcomes pertaining to the cardiovascular disease treatment. Increasing number of elderly population will drive the market in the region. The number of these patients that undergo percutaneous coronary intervention has increased tremendously over the last decade. PCI is effective in old age including careful approach to patient selection to obtain better outcome is essential. Due to this advantage, there is an increase in usage of stents that drives the market size in the region. However, stringent regulatory approvals may restrain the market growth. On the basis of product, the stents market is segmented into vascular stents and non-vascular stents. Non-vascular stents segment accounted for USD 477.3 million revenue in 2020. Nonvascular stents are used for various application such as oesophageal, bronchial, including biliary and tracheal implantations. Stents employ minimally invasive procedures for implantation that is preferred in contrast to an open surgical procedure. This increases the demand of usage of stents and propels the segmental growth. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ https://bit.ly/2Rr9WYb Request for customization @ https://bit.ly/3fpLmie ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. On the basis of product, the stents market is segmented into vascular stents and non-vascular stents. Non-vascular stents segment accounted for USD 477.3 million revenue in 2020. Nonvascular stents are used for various application such as oesophageal, bronchial, including biliary and tracheal implantations. Stents employ minimally invasive procedures for implantation that is preferred in contrast to an open surgical procedure. This increases the demand of usage of stents and propels the segmental growth. On the basis of material, the market is bifurcated into metal and polymer. The polymer stents segment is expected to gather considerable gains of over 6.4% from 2021 to 2027. Polymers have wide application in cardiology especially in coronary vascular intervention as coating matrices and stent platforms for drug-eluting stents. Researchers are focusing on biodegradable polymers other than permanent polymers. Based on type, the market is segmented into self-expandable and balloon expandable stents. Self-expandable stents segment size is expected to cross USD 3.6 billion by 2027. Self-expandable stents are developed in certain size and then constrained and collapsed on the distal end of the stent delivery system. This leads to increase in outcome for the percutaneous coronary intervention procedure. On the basis of end-use, the APAC stents market is divided into hospital, ambulatory surgical center and others. Ambulatory surgical centers segment revenue was over USD 1.3 billion in 2020. Ambulatory surgical center is well equipped with all medical devices including stents that are essential devices. This device is used mostly during the minimally and surgical procedures. Also, other advantages associated with ambulatory surgical centers is reduced hospital stay and quick recovery. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. The Australia stents market is predicted to register a growth of over 5.4% between 2021 and 2027. Growing adoption of sedentary lifestyle with lack of physical activity and consumption of sub-optimal diet will lead to high risk of cardiovascular disorders. Also growing geriatric population and increasing prevalence of chronic diseases are positively influencing the market. Major players operating in the market are Abbott Laboratories, Boston Scientific Corporation and Medtronic, among others. These market players focusing on various business strategies such as collaboration, geographic expansion to strengthen their market position. For instance, in September 2020, OrbusNeich Medical Co. Ltd announced launch of its Combo Bio-engineered sirolimus eluting stent in China. This approval will strengthen the company’s presence in the growing market and increase its revenue generation stream. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. Segmentation of Asia Pacific Stents Market: • Asia Pacific Market, By Product, 2016-2027 (USD Million) • Vascular stents • Coronary stents • Bare metal stents • Drug eluting stents • Bioresorbable stents • Peripheral stents • Iliac • Femoral-popliteal • Renal • Carotid • Neurovascular stents • Non-vascular Stents • Asia Pacific Market, By Material, 2016-2027 (USD Million) • Metal • Polymer • Asia Pacific Market, By Type, 2016-2027 (USD Million) • Self-expandable • Balloon expandable ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Asia Pacific Market, By End-Use, 2016-2027 (USD Million) • Hospitals • Ambulatory surgical centers • Other • The above information is provided for the following countries: • Asia Pacific • Japan • China • India • Australia • Singapore • South Korea • Malaysia • Thailand • Philippines • Indonesia • Others ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  8. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research  Phone:1-800-986-6917Email:sales@graphicalresearch.com Web: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  9. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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