Surgical Stents Market Size Analysis, Share Estimation, Worldwide Opportunities, Challenges, Key Leaders, and Regional Forecast to 2023

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Surgical Stents Market Research Report Based On: Types (Cardiac Stents, Urinary Stents, Biliary Stents, Esophageal Stents, Prostatic Stents, Other), Type Of Materials (Metal, Standard Polymer And Biodegradable Polymer), By Applications (Cardiac Diseases, Urinary Tract Diseases, Other), By End Users (Hospital, Clinics) – Global Forecast Till 2023

Segmentation – Surgical Stents Market 

The global surgical stents market is segmented into types, type of materials, application, and end users. On the basis of types, the global surgical stents market is segmented: cardiac stents, urinary stents, biliary stents, esophageal stents, prostatic stents and other. Cardiac stents are further segmented: self-expanding stents, balloon expanding stents, bio-engineered stents, dual therapy stents, artery stents, drug eluting stents and other. Urinary stents are further segmented: open end stents, double pigtail stents, closed end stents and multi loop stents. On the basis of materials, the market is segmented: metal, standard polymer, and biodegradable polymer. On the basis of applications, the market is segmented into cardiac diseases, urinary tract diseases, and others. On the basis of end users, the market is segmented into hospital, clinics, and others.

Surgical Stents Market – Overview

The stent is a small, flexible metal or plastic tube that are inserted into the vessels or duct to keep the passageway open. Different types of materials like metal, standard polymer, and biodegradable polymer are used for the preparation of the Surgical Stentss.

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The Global Surgical Stents Market is projected to grow at a CAGR of 7.9% during the forecast period 2017-2023. According to the WHO (2015), more than 35% of the total global population was suffering from major or minor cardiovascular complications; and in 2014, globally 39% of adults aged 18 years and over were overweight whereas, 13% were obese. Thus, increasing prevalence of diabetes and obesity have increased the risk of urinary tract failure.

Major driving factors for the growth of the market: Increasing prevalence of cardiovascular diseases, rising diabetic & obese population and rapid development in the technology. Moreover, rising healthcare expenditure, increasing geriatric population, and changing lifestyle have fueled the growth of the market.

Key Players – Surgical Stents Market

  • STI Laser Industries, Ltd (Israel),
  • ELLA – CS, s.r.o. (Czech Republic),
  • Boston Scientific Corporation (US),
  • Laserage Technology corporation (US),
  • amg International GmbH (Germany),
  • Abbott (US),
  • Angiocare (Netherlands),
  • Meril Life Sciences Pvt. Ltd. (India),
  • Elixir Medical Corporation (US),
  • F. Hoffmann-La Roche Ltd. (Switzerland),
  • B. Braun Melsungen AG (Germany),
  • Medtronic (US),
  • Amaranth Medical, Inc (US),
  • Arterial Remodeling Technologies (US)

are some of the prominent players at the forefront of competition in the Surgical Stentss Market and are profiled in MRFR Analysis. 

Surgical Stents Market Competitive Landscape

The global Surgical Stentss market is experiencing extreme competition due to major companies are focusing on the development of biodegradable stents to overcome the disadvantages of other available stents. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.

Boston Scientific Corporation, headquartered in the US, is a global manufacturer and developer of medical devices. The company has adopted various strategies to sustain in the competitive market, for instance, new products launch. PROMUS Element Plus Stent, REBEL Stent System, SYNERGY Stent are some of the major products of the company. In 2015, worldwide sales of the company’s drug-eluting coronary stents were $1.074 billion as compared to $1.151 billion during 2014.

Abbott, headquartered in US, is one of the leading healthcare company. In June 2016, FDA has approved the Absorb bioresorbable Stent for heart. This stents is completely dissolve in the body and used in the treatment of heart complications. Company’s Esprit bioresorbable vascular scaffold is under clinical trials.

Medtronic, headquartered in UK, is a world’s largest standalone medical device manufacturer. In 2015 company has develop Stent Graft System System for Endovascular Repair of Thoracoabdominal Aortic Aneurysms. Earlier company’s Resolute Drug-Eluting Stent has shown a very good performance in Diabetic Patients with Heart Disease.

Regional Analysis – Surgical Stents Market

America accounts for the largest share of global Surgical Stents market owing to the presence of an enormous patient population base. According to the Centers for Disease Control and Prevention, 9.3% of total America population is suffering from diabetes. Diabetes and obesity are the leading causes of cardiac and renal diseases. Due to increasing diabetic and obese population, America is witnessing rapid growth in the market. Europe has the second leading market of Surgical Stentss which is followed by Asia Pacific.

Asia Pacific is experiencing the highest growth for the Surgical Stentss market in the globe. According to the WHO (2016), around 5% of the total Indian population is suffering from obesity. Increasing prevalence of cardiac diseases, rising obese, and geriatric population boosting the growth in Asia Pacific market. India and China dominate the market for Surgical Stentss in Asia Pacific region.

LIST OF TABLES

Table 1 Surgical Stents Industry Synopsis, 2017–2023

Table 2 Global Surgical Stents Market Estimates & Forecast, 2017–2023, (USD Million)

Table 3 Global Surgical Stents Market, By Region, 2017–2023, (USD Million)

Table 4 Global Surgical Stents Market, By Type, 2017–2023, (USD Million)

Table 5 Global Surgical Stents Market, By Material, 2017–2023, (USD Million)

Table 6 Global Surgical Stents Market, By Application, 2017–2023, (USD Million)

Table 7 Global Surgical Stents Market, By End-User, 2017–2023, (USD Million)

Continued…

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LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation For Global Surgical Stents Market

Figure 3 Segmentation Market Dynamics For Surgical Stents Market

Figure 4 Global Surgical Stents Market Share, By Type 2016

Figure 5 Global Surgical Stents Market Share, By Material 2016

Figure 6 Global Surgical Stents Market Share, By Application 2016

Figure 7 Global Surgical Stents Market Share, By End User, 2016

Continued…

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