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Global Coronary Stents Market Projected to Grow at CAGR 7.7% from 2019 to 2024 – Axiom MRC

Global Coronary Stents Market Projected to Grow at CAGR 7.7% from 2019 to 2024 – Axiom MRC

North America accounted for largest share of global coronary stents market in 2017 and accounted for 40% share of global market.
The Global Coronary Stents Market is led by manufacturers such as Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Biosensors International Group, Ltd, Biotronik, B. Braun Melsungen AG, Terumo Corporation, Stentys SA, MicroPort Scientific Corporation, Meril Life Sciences Pvt. Ltd., Vascular Concepts, Translumina GmbH among others.

New York – December 20, 2017 – Axiom Market Research & Consulting added a report on Global Coronary Stents Market, By Type, Delivery Mode, Material, End User and Geography Forecasts Upto 2024. The global market for stents accounted for USD 7.54 billion in 2017 and is estimated to grow at a CAGR of 7.7% during the forecast period 2019 to 2024.

Download sample report: http://axiommrc.com/request-for-sample?report=1443

By type, the global coronary stents market is segmented into bare-metal stents, drug-eluting stents and bioabsorbable stents. On the basis of mode of delivery, the market is segmented into balloon-expandable stents and self-expanding stents. The market is also segmented based on material such as metallic, cobalt, platinum, nickel titanium, stainless steel and others. The major end users of coronary stents covered in the report are hospitals, cardiac centers and ambulatory surgical centers. Among various types of stents, drug-eluted stents accounted for major share in the global coronary stents market in 2017 and this segment is further expected to remain dominant in the near future expanding at a CAGR of 8.1% from 2019 to 2024. Other application segments are also expected to showcase significant growth thereby boosting the demand for coronary stents over the forecast period from 2019 to 2024.

The global coronary stents market is led by manufacturers such as Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, Biosensors International Group, Ltd, Biotronik, B. Braun Melsungen AG, Terumo Corporation, Stentys SA, MicroPort Scientific Corporation, Meril Life Sciences Pvt. Ltd., Vascular Concepts, Translumina GmbH among others.

Browse more details: http://axiommrc.com/product/1443-coronary-stents-market-report

Stent helps in preventing the heart attacks which are caused by narrowing of the coronary arteries. Stent is a small tube made up of stainless steel or cobalt alloy, tube that is attached onto small balloons. It acts as a support to reinstate blood flow and support the vessel wall. Methods for the treatment of coronary heart disease includes pharmaceuticals, balloon angioplasty, stenting and coronary artery bypass grafting. Stenting is considered as more comfortable for heart patients as compared to the bypass heart surgery. Stenting does not involve any major operation as it can be performed with the help of local anesthesia and low sedation.

Increasing incidences of cardiovascular disorders have led to the increase in demand for coronary stents. The growth of the market is also majorly driven by increasing use of coronary stents in hospitals and growing trend of unhealthy lifestyle. Other factors driving the growth of this market include rise in complimentary repayment policies, an increase in the healthcare expenditure, growing medical tourism in developing nations, technological innovations and increasing governmental focus to provide improved healthcare facilities.

Other Reports from Axiom MRC.

Stroke Diagnostics And Treatment Market Research Report, By Type, Application And Geography – Global Market Share, Trend Analysis And Forecast Up To 2023

Vascular Access Devices Market Report, By Product Type, Application, Mode Of Use, End Users And Geography – Global Market Share, Trend Analysis And Forecast Up To 2024

 

About Axiom MRC.

Axiom, a market research and consulting company founded to cater to end to end market research services to companies who are seeking experts advice or opinion in their strategic goals like investments, marketing strategies, market competition, new product launches etc. We offer business consulting services, syndicated market research reports and customized research services across various industry verticals.

Our team of expert industry analyst have developed creative research approaches to extract, analyze and compare markets along with end user data, competitive landscape and qualitative figures to arrive at accurate market studies. Our team has the experience and have carried out complex market research studies for global enterprises. Our analyst team always works closely with our clients to design and execute research solution that are beneficial to our clients business growth.

Axiom MRC’s market research reports ensure you with current, un-biased quantitative data, relevant qualitative analysis, enriched with experts opinion. We offer consulting and syndicated market research services across a range of industries including chemicals, materials, life sciences, energy and technology.

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