Stents market share by applications and regions for 2020- 2026

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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.

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• 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.

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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

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