Published Date : 01 Oct 19 | Views: 156 | Industry : Life Science
Drug-eluting Stent (DES) segment is likely to hold a greater share
in the global Coronary Stents market
Coronary Stents market is divided into two segments such as by product and by
application. On the basis of products, the market is further segmented into
Bioresorbable Vascular Scaffold (BVS), Bare-metal Stent (BMS), and Drug-eluting
Stent (DES). As far as products are concerned, Drug-eluting Stent (DES) segment
is projected to acquire a key share in the global Coronary Stents market. The
BVS products are estimated to attract extensive demand during the forecast
period. These products are usually used for the treatment of a young patient
population. By application, the global Coronary Stent market is segmented into
hospitals, Ambulatory Surgical Centers (ASCs), and cardiology center.
North America is likely to dominate in the global Coronary Stents
leader like North America is expected to show impressive growth in the global
Coronary Stents market because of high occurrence of chronic diseases,
reimbursement facilities, and presence of key players who fulfill the
requirements of the population in the region. Increasing elderly population,
rising medical tourism, and changing lifestyles in Asia Pacific to foster the global
Coronary Stents market growth. Moreover, government initiatives regarding the
standard medication pricing in emerging economies like India and China is
further pushing the demand for Coronary Stents in the region. Growing
expenditure on healthcare services in Asia Pacific is also supplementing the
global market growth.
the key players operating in the global Coronary Stents market are Boston
Scientific, Lepu Medical, Terumo, Atrium Medical, SINOMED, MicroPort, LBC,
Essen Technology, Medtronic, B.Braun, and Biosensors
Rising geriatric population is anticipated to augment well for the
global Coronary Stents market growth
prevalence of chronic diseases around the world is likely to surge the demand
for Coronary Stents in the years to come. Apart from this, growing geriatric
population is treated as one of the significant drivers for the global Coronary
Stents market. Nowadays, there are various advanced treatments available to
improve the cardiac health of the elderly population. Technological advancement
in the healthcare industry is also to increase the demand for Coronary Stents.
These advancements are enhancing efficiencies, accuracy, and nullifying errors.
Evolving trends like scaffolds, bifurcation stent, biodegradable polymer, bioresorbable stents with the implementation of advanced techniques are trending in the healthcare industry. Cardiovascular diseases are associated with changing lifestyle habits like lack of physical activities, unhealthy eating habits, smoking, and work pressure, which are deteriorating heart health and expected to rise in the demand for Coronary Stent devices.